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HomeMy WebLinkAbout1582 PARCEL C: Lands located ia MarCin County, Florida, and owned by Donald K. ce an a D. Mce, his wife. NOrTE: This parcel for recordation purpoees ~ i8 given a valuation of ~25, 000 for t~purpose of coanputing the intangible tax owed; on same (the remaining ~75, 000 of the total ~100, 000 mortgage loan being distributed on the Basis of ~15, 000 each for Parcels A and B and ~45, 000 for Parcel D). A.parr.~l af land in Section 3, Townshi~r39 South, Range 39 East, containing 75.18 acres and being described ae follows: Beginning at a ooncrete monument on the Southwest corner o~ Section 3, ~ thence proceed North 0~20'28" East along the west line of Section 3 for a distance af 3, 985. 21 feet to a point, thenoe proceed South ~ 89°54' 12" East along the centerline of a lateral canal for a dietance of 2807. 00 feet to the point or place of beginning _of this description. (1) Thence continue South 89°54'12" East along tt~ center of a lateral ditch for a distance of 2464. 00 feet to a point on the east line o~ Section 3. (2) Thence proceed North 0°19'38" East along the East liae of Section 3 for a distance of 1329. 00 fee~ to the Northeast corner of Section 3. (3) Thenoe proceed North 89 54'12" West along the North line of Section 3 for a d.istance of 2463. 67 feet to a point. (4j 'Th~nce proceed South 0°20'28" West along the center~ine of a sub-lateral canal #or a distance of 1329.00 feet to the point or place of beginning of this description, subject to a right-of-way for drainage canals to Troup-Indiantown Drainage District over the North 110 feet and the East 55 feet of eaid tract. This grant includes the undivided one-half interest of all oil, gas and mineral rights on or uncler said lands. THLS IS A THIRD MORTGAGE AS TO PARCEL C and is subordinate to a first mortgage interest given Connecticut Mutual Life Insurance Company in the original principal amount of ~30,000 as same was recorded on July 27, 1966 in Official Recorde Book 183, c~mmencing at page 302 of the Public Records af Martin County, Florida, and is i otherwise subject and subordinate to a second mortgage in the ` original principal amount of $18, 795 given to Big Chief Construction Co. , Inc. as same was recorded on August 11, 1966 in Official Records Book 183, commencing at page 307 of the Martin County Public Records. PARCEL D: Land Located in St. Lucie County, Florida, and owned by Florida Maid Citrus Corporation, a Florida oorporation. Note: For recordation purposes, ttus parcel is given a valuation of ~45, 000 for the purpose of c,omput3ng the intan- gible tax owed on same (the remaining ~55,000 of th~e total ~100,000 mortgage loan being distributed on the basis o# ~15,000 for Parcels A and B and $25,000 for Parcel G~. Hlocks 15, 16 and I7, AGRICULTURE PLAT OF FLORIDA MAID ~ CITRUS GROVE according to the Plat thereof as recorded in Plat Book 13, page 1, of the Public Records af St. Lucie County, Florida, LESS the following described portion of said Block 15, to-wit: ~ ~ ~ y Z~ The North 225 feet of the East 270 feet of said 81ock ~ 15, the East line of said parcel ~b~ing the West l~ne of a ~ z~~ ~ LZ0'-~13~ drainage and access easLment a~ ~owA on the m^ aforesaid Plat of Florida Maid Citrus Groves, Which said ~ ~p excepted land oontains 1. 395 acres, more or less; 4 ~ ~M ~ ~ U fA x ~ V~ ~ ~ ~ LG v~~+~~s? ~ ~ i Mi~Q ~c ~ ~ - oW~` 6. ?O j ~ _2_ ' . W W GC C7 ~ ...d 0`'0~. G~i WI"' ~ i4 ~i.' • T i .