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HomeMy WebLinkAbout1692MORTpAa[ D[[O TO COIIfO11AT10N r110M WOIYIOYAI 182344 R[>, phis Mortgage deed Executed the 26th day of ~t A. D. 19 69 6y M. S. 1+kC0I~LU[, a single peraoei he~~reina~~f ter~~,,called the mortgagor, to ?HS II®IAH RIYl~ CITR03 BAH1C a~cor~n existing under the laws of the State of Floocida .with its permanent postoJ/ice address at 2004 Fourteenth Aveaue, Vero Beach, P'lOrida hereinafter called the mortgagee: (W6erever Incd ~ereiw 16e K~ "~ awd "so~paee" iwtlwde all Ib W-tia to t4ia iwstr.oeat awd 16t fairs. iwe~lwiesiheuiotes -~erciw or uN~~awd tYe wc+caanrs awd aa~ws of eorpontiows; awd t-e rer~ 'woee" dncribed it eae owe. tnt~bt, that for good and valuable considerations. and also to consideration of the nggre- gate sum named in the promissory note of even date herewith, hereinafter described, the mortgagor here- by grants, bargains, sells, aliens, remises, conveys and confirms unto the mortgagee all the certain Iand of which the mortgagor is now seized and in possession situate to 81~e Id~Cie County. Florida, viz: All that part of the revised plat of xn~t8 b 31rIITH9 BBBDM3IOa as per plat thereof recao~ded in Plat Book 4, page 105, of the public records o? St. I,ncie Co~mcty, Florida, which lies south of the noarth line of Lot 4 and sa eztension vestrard of said noa~th line to the xtest borouedary line of said subdivision; RIOCffi'TI~ thtncet'roa hots 1, 2, 29, 30, 31 sad 32 which have been deeded to the State of Florida, far the use sad benefit o! the State Road Department, sad ihather $70CSPTIl~G rights-of-xe~y Yar public streets. It is hereby specifically agreed that tl-~t sum or sums Mhich may be loaned ar advaaced by the l~bactgagee to the Moartgagor at am time after the recording of this indentm~e, together xith interest thereon at the rate agreed upon at the time of such loan or advance, shall be equally secured xith sad have the saaee priority ss the original indebtedness, and be tmb~ect to all the terms sad prtnrisions of this mortgage; provided that the aggregate a'olmt aR principal. outstanding at any time sha71 not exceed au amount er;ual to ttto htmdred percent (200,) of the principal amouact a73giaaL~y seciaed hereby. IN P~ylAf1R OF tl~ ~ p;tOPER RECEIVED ItRAN6t8~ 4ER5G~ 1941. ~ETC~ Ct{t-p~TER 20724. ~ gpGER pp~RpB, Cterk Circuit Court as ll8ent for DpH1El N. Kt~OWtES. 1R St. Lucie Cou:.ty Tax Coltedot gy DEPIJn g~oK ~ ~ ~E1s