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HomeMy WebLinkAbout2861 ~ ~ s ~-v ~ ~~~JK-= IN PAYMENT OF TAX~ ~ CU C IkiANC.!BI~E '1941~RiY.. . ~ C1iAP'4R ~.,It.. p('~ t ~f i f ~~3~3J~~ • •.r.~• Cleci? i;i~~uit G"'~'~ ~ ~ _ . . . r 1.~ ~ t.l~iCl N. KNOWI~ 1R St_ luci~ G:u..t; Tax Coilcct~r By ` ~ ~ , ~ ~n ~ MORTGAGE The Mortgagor, BARBARA McNEILL YOW, joined by her husband, JOHN W. YOW, whose mailing address is 3721 Ortega 13oulevard, Jacksonviile, F•loriaa siii~, in consideration of the sum specified in the promissory note described below, hereby mortgages to the Mortgagee, DOROTHY K. McMILLAN, whose mailing address is P. O. Box 11254, Charlotte, North Carolina 28209, the real property described below. ~ The south 186.5 feet of the north 373 feet of the south 2889.8 feet of fractional Sections 4 and 5, in Township 36 South, Range 41 East, St. Lucie County, Florida, together with all riparian and littoral rights thereunto appertaining, SUBJECT TO existing right-of-way for State Road A-1-A as conveyed by deed recorded in Official Records Book 74, page 455, St. Lucie County, Florida. This is a purchasP money mortgage given to secure payment of the aggregate principal amount of ~ forty-eight thousand two hundred and fifty dollars ~ 4 ($48,250.00) as part of the purchase price for the sale ~ ~ of the property by the Mortgagee to the Mortgagor, which ~ ~ gart of the purchase price is evidenced by a promissory note of even date herewith, given by the Mortgagor ~ to the Mortgagee, in the principal amount aforesaid. The note bears interest from date at the rate of seven . , percent (7$) per year on the principal balance remaining ~ from time to time unpaid, interest payable annually. ~ ~ ~ The principal amount is payable in five consecutive ~ > annual installments of $9,650.00 each, plus interest, ~ on the first through the fifth anniversaries hereof. `t . ~ ~ 7HIS fNSTRIiMENT WAS PREPARED BY ~ HEIVRY M. KITTL~~ON S~~ F1-ORIDA OOCUMENTARY STAMPS HOLLAND & KNIG~~T ATTACHED TO ORIGINAL NOTE(~. 92 LAKE Y~IRE DRIYE, L:+KELAND, FLA. 33801 5< :s ~ G• x aoox 1~~ ~;~~~~3 .;4j ~ , ~ - ~ - T - . ~ _ I - ~ ~ ~~~TM"..~a-T+`- . e~ . ~v _ v_ . ~ . . _ ~ . . - . _ ..:~°e ~ ~