HomeMy WebLinkAbout0327 MOtTGAW 0[EO OttNl'f FO~M E. ~ WwhchrN hr wN b TM M. i W. ~ Oh~r CNM~1r
lONO ~OfM 1~tbw.tlN, f1~tiN
1 ~'340
/ ~ ~
Expcu~~l ~hc+ 31st day o/ DeCembex' A. D. ly 68 6y j
PSRRY B031iSLL, JR. , a s ing le man ,
he~eina(!er callecl fl~e mo~fgapor, to DANISL R. COURTNSY and $DDIS LS8 COURTNSY,
his wife, '
1
, .
~ hereinaJter called the morlgagee:
I (Whcm:r u~ed 6ereis t6e terms °mort~a~o~~~ and "mortsaaee" iaclude all t6e p~rtin a t6a i~swse~t aad t6e htin,
kRal repre~caaa~es and anqtm ot i~d~'vidwb. aed t6e mcces+ars and a~siR~s of corporatio~s; ud thr tero '•~ooe••
inrlude: all the aotes 6ereia desen'bed i( mws t6aa oee.) ~
~~tn~e~~ that Jo? good and valuable rnnsiderations, and also in considemtion oj the aggre-
gate sum namec~ in i~e promissory nofe of euen date ~erewil~, ~ereina~ter des~bed. the mortgngor here-
by gmnts, bargains, sells, aliens, remises, conueys nnd oonjirms unto tl~e mortgagee n1I t1~e certain land
o~ wtiich f~e morlgaflor is now seizecl and in possession situate in St . LL1C~A (,'otu~ty,
( Florida. niz:
~ All that property lying South of a line running from
$ast to 1Pest fr~n the Atlantic Ocean to the Indian
River 3220 feet South of and parallel to the North
~ line of Sections 9, 10 and 11 and lying North of a
parallel line lying 207 feet North of the South line
of Sections l0 and 11, said line being the North ;
boundary of Lot 88 of Avalon Park Subdivision as per ~
~ plat thereof on file in Plat Book 1 at page 187 of the i
; public records of St. Lucie County, as extended in a
direct line to the $ast Shore of Blue Hole Cut, a cove
of the Indian River, all of the above Sections being
~ 4~ in Tawnship 34 South, Range 40 $ast, St. Lucie County,
, Florida. SUBJSCT to right-of-way of State Road AlA.
i; Together with all riparian rights thereunto appertaining. ~ ~
The Mortgagees agree to make, execute and deliver Partial ~
~
~ Releases of~this Mortgage to the Mortgagor as follaws:
. . ~ - t
;
E ~I Partial Releases sha111 co~i~mence'~ the South boundary of
'i the property and shall continue from South to North so
i! that all released lands are contiguous. All released
land shall be in strips of land extending from the
~
j; Atlantic Ocean on the East to the Indian River on the
l; west in multiples of not less than 100 feet of frontage
~i (as measured in the perpendicular from South to North).
The Mortgagor, his heirs or assigns, may obtain releases
upon payment of the sum of $130.00 per front foot of land
~ to be released, after the first annual principal payment
~ is made on this mortgage. Rsgular annual payments and/or
prepayments of principal (other than the firat annual
pri.ncipal payment which shall not apply toward releases)
~ shall be cumulative to~v~rard partial releases. All payments
of principal made on this mortgage shall apply to the
next ensuing annual principal payment due.
~I - . : , _ - - _
I w S 1't~~1 ~ t-~cJi~~uA CJ+.~~t:UA -L~r:is..~~1
~ c~ ~ DOCUMENTHa~_ STAMP TAX TAMP TA:~ TANfP TA~t
~ ~ = DECTi'68 "°Z~
` = ~ _
N~ = i7so= ~eoao= 8000~-
COM.pTRpLLER - i2
~8.1901~8 ~.~c'r y~-~------r•
/ ,,C~q!~~~GN~ ~ ~ ~ -J ~ ~ ~ ~~~F L ~ a-~ : ~..l.~ ~ 1 i i~ A
~ c~ DOCUMENTAp~ TAMP TE.X ~t~iP TAX
~ ~ _
7 _ OEC3P68 y F~:.{Q _
~r~ ~~G~~ U= 8 ~ Q 8 ~ U 0_
~,~.-u.o%, ~o01f 1~~ tASE ~ R6.190 33~
~ - ~ .
i ` .
S Y ~j ' se~
:T-~ ~ ~ r~~---- - ~ ~
_
.?''y~H __.ye .„`:~T'~y`'...~LLQ ~_.ax. . ~ ~ , ~