HomeMy WebLinkAbout0226 . . • .Lr~~.~~:~ ~ ~ ~'~9IN3TRU1ulENf WAS ~`R P.1.^.~:^
' , Geurge N. Jahn
Attorney at Law
woRrowos ouo ~~y ~ 8~o.:eybold Euildin~
Mia~oni. Floriaa ~ .i..l
~1~c ~'~Lortgitge ~s~D, ~seowt~d lst o~ September
A. D. 1968 ~ by R. W. JOHN30N ,and HELEN H. JOHNSON, his wife,
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~d ~~~~,s~ ~ JOHN L. LESTER and RUTH W. LESTER,
his wife,
11sr~after oalted tks Yorty~ap~e 8-
WITNI~,SS1~T8, Tlkat for div~rs pood a~d val~abk conaederatio~, a~d also in oo~aidsratiox
of t#e appre~ats swK ~a~d ix tJk~e pro~iuory wote~ of eveK dats ~rewilk, l~ereiwaft~er ds-
scre'bed, t#e said ~[ort~apor~_ 0~, ~'~~n, s~ aj~, ~e, ~ti~1? ~ ~ -
urito t~s aad Ddortqaysa8 their awd assi~s ~ f~ ri~pii, di tke certa~ ta~a~t
of la»d, o~ ~vJwck t71e said Mort~apor $ aetssd a~d posaeaasd, a~d ix actwal pa-
~ s~~ St . Luc ie Co~a~ty, State of Fbrida, duoribed ar foUox~s:
A certain tract of land comprising 14.33 acres ~ ~
more or lesa situated in the Northeast quarter
(N8~) of the Southwest quarter (SW~) of Section
13, Township 34 South, Range 39 East, St. Lucie
. County, Florida, more particularly described in
Exhibit "A" attached~hereto and by this reference
~ expressly made a part of this mortgage deed.
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This is a purchase money mortgage and the proceeds of the loan~
~ herebq secured have been applied towards the purchase price ;
of the above described real property. ~
It is understood and agreed that in the case of default under
the terms, covenants and provisions of this mortgage deed or
of the promissory note secured hereby, the remedy of the holder
of said note and of this mortgage deed shall be limited only
to the proceeds of the premises herebq mortgaged and encumbere
and that the mortgagors or either of them shall not be personal y
~iable for any deficiency arising from the sale. of said p~emise .
This mortgage deed and the promissory note secured hereby are
also sub3ect to each and every one of the terms and provisions
of a certain mortgage supplemental agreement executed between
the parties hereto simultaneouslq with the execution hereof,
and the terms of the supplemental agreement are by reference
expresslq made a part hereof; said supplemental agreement
relates to provisions for partial releases of portions of the
land encumbered herebq from the lien of this mortgage deed and
other agreements between the parties in reference to the pro-
vi$ions of this mortgage deed and certain continuing applica-
tions between the parties hereto. An executed copy of such
supplementr~l afreement is on file at the home of the mortgagor,
at P.O. Box 1187, South Miami, Florida, and at the home of the
mortgagee, at Route 2, Box 2050, Fort Pierce, Florida, and may
be inspected by any or all interested.parties.
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