HomeMy WebLinkAbout0780 , ~YM , ~ - - . - ~
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,~M ~ IlAMGO FOIIM R[•
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Executed the _ 3/ ST day oJ Yay A. D. t9 sS by
NILLIAId G. PADItICK, JR., and EIAUI3$ S. PADRICK, his wife,
~ ~eretna~ter cn~~ fhe mortgagor. to ~
THE INDIAN RIVER CITRUS BANK, a banking corporation organized und~r
the laws of the State of Florida,
?~ereinajter culled the mortgagee:
cwa~.~ ~a a~;. ~ •~,~~,.a ~ .n ~r. o~ ~..a..~.e ..a a~ ?~.i
kpl ~ep~~se.adve. ..a a~~s ~a~t~ ..a t?e wocnwn a.a ..rip. d e+xvor.e~a..: ..a ti. 1e.. ~•~ee•
ircludn ~p t4 ~aea Ae~a~ daui6ed it ooce o~e.)
~Llne~~~ t1~at (or 9ood a.~d w~1~61~ oo.~,tde.neto~. nnd a~so in oonstderation o` !he aggro:
gate sum named tn Ihe promissory nole o/ even dote I~erewith, her+einaf
ter descri6ed, the mortgagor here-
by grants. bae'eatns. se~~s. a~iena. remises. conveys and wn~trms unto tl~e mortgagee all the certatn jand
o~ wht~h ehe mortgngor is now aeizec~ and in possession aituate in St . Ll1Cie Countp.
Flortda viz:
Lot 4 of the Plat of C. W. RINEAART PROPERTY, according to the Plat
thereof filed in the office of the Clerk of the Circuit Court of
St. Lucie County, Florida, in Plat Book 6, Page 52, said land lying
and being in St. Lucie County, Florida; SRCTsPT that part thereof
described as follows:
Beginning on the North line of Lot 4, at ~ point where inter-
sected by a pro3ection of the exterior line of the North wall of
the A. G. Padrick, Jr., property (formerly C. 11. Rinehart proper )
which point measures approximately 1~.6~ we~~-of the West right-
' of-wap line of Indi~an River Drive; thence run West along said
North line to Northwest corner of Lot 4; thence Southeasterly
along the rear line of Lot 4 a distance of 82.81• to a point of
intersection ~vith a pro3ection of the said eaterior line of said
North wall; thence Easterly along the said exterior line (or its
pro3ection) of said North wall to point of beginning, also rig~t
~ of-way for Indian River Drive. f
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Also, that part of Lot 5 of the said Plat of C. W. RINEHA~tT PRUPSA`fY
~ described as follo~vs;
Beginning on the West line of Indian River Drive where inter-
sected by the North line of said Lot 5; run thence West along
said North line 474.6' more or less to the North~vest corner of
said Lot 5, thence Southeasterly along the rear line of said
Lot 5 a distance of 83.21'; thence Northeasterly 451.1' more or
less to the point of beginning; tbe last described boundary
being the esterior line of a certain wall located on the propert
herein described and eatending along the Westerly 205' of the
Easterly 234• of said described boundary line.
In addition to all rights of the Mortgagee and obligations of the
~ 1[ortgagor herein stated, the 1[ortgagee shall have all of the rights
~ and the Mortgagor shall have all of the obligations set ~orth in tha
~ certain Loan Agreement, dated the 3IsT day of Yay, 1968, by and be-
tWeen WILLIAi[ G. PADItICK, JR. , and ELOUISE S. PADRICR, his ~vife;
BOBERT W. PADBICS and VIRGINIA S. PADItICB, his wife; PAD°ICB •
CHSVROLET,CO.; FT. PIERCE GA3 CO., and T~ INDIAN RIVER CITRII3 BANR.
THiS INSTRUMENT PREPARE~ BY
Frank Y. Appleby _
Q~ GpULD, COOKSEY, FENNELL b APPLEBY !
+3223 Ocean Drive - P.O. Box 760 ~ 6~RK PACE ~~O
V~rc B~ach. Florida • 32960 .
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