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Home My WebLink About1350 Fa. 1122 Ffai4 MOItTGAGB D6BD ~~+•i+a.a~.s ~ TUTOLANX wae~srs~sovs.?w.wr~cs F.. cw~*...u.. ~~INe ld w AwN. A~Q/.shvs Jii~t/e/~41t ~ ~ 3~3i r' ~ ~ ? A'+y.r.r. w.r ~..i., w w.. S.r~lr- .~.u t+ea~. ~a. aw,.. r+...t Mr.w~+8.fi+~. ,~+eq.w. w/w /A. n~ofiw w•d.r ~..r+.: a. w y w w./rr.....ww +~l.u i.et~uJ. rL ~~a~ a. ~qvd Y. ~y?~ w w. M w!+~? Netf i+.rt~ W,1/ W t~w 'wMt' M~11~i~1~ ~It Ob rl~t AarJw ~s+tiiri j/ w~n tir w~. Ftecuted the 7th day o~ May, ,h(. D. 19 , hy MOBILS HON~ SNVIRONN~NTAL SYSTEM~ , INC a corporation existin~ under the laws of the State of Florida , and hauin~ its principal place of business at 13515 S.W. 75th Court, Miami, Florida, party of the ~trst part, hereinafter calted the .~fort~a~or, to T. JOS$P8 CONSTANTINE, AS TRUSTSS, of the County of S t. Luc ie, State of F lorida, pa,Tty of th,e Second pacrt, herei~iafter ca.lled the J[fort~a~ee, . ~tne~gctfj, That for c~ivers ~ood dnd vatrcab~ consid.enations, and also in considex~tion of the a~'gregate sum named in the pnr~rnissory note of even date here- urith, lr~ereinafter described, the said .~lfortga~or does $mnt, ba~r3rain, selt, atien, remise, relea,se, conveJ and confirm unto the saial ,JFiortga~ee. in fee simple, all t/re cert2in tncct of land, of which the said Mort3sc~gor is nou~ seized and possesse~, an~ in acctu~zzl possession, situate in St. Lucie Corcnty, Stctte of Flori,d,a, aZeacri,bed as follows: Blocks 1 and 2. Section 26, Township 36 South,`Range 40 East, as ahown on the plat of ST. I,UCIS GARD$NS, according to the Plat thereof, as recorded in Plat Book l, at Page 35, of the Public Records of St. I,ucie County. Flcrida, lyi.ng $asterly of U. S. Highway No. l, LESS the South 49.977 acres, being in the North 1/2 of Section 26, Tawnship 36 South, Range 40 East, lying Easterly of U. S. Highway No. l. ~ . ~ Mort~~ee herein agrees to release parcels of land from the lien ~ ~ her~~pon the following tenas and conditior~s: ~ ~ 1~ S~ , j,parcel of land released shall comprise at least one acre. . 2,i g~gor shall pay to l~ortgagee $1, 700. 00 towards the principal ~~f note secured by this mortgage for each acre to be released ~'~yn'~~1 such time as the first mortgage encumbering the above- described property has been paid in full. Subsequent thereto, the release price for each acre ahal,l be $2,500.00. 3. All payments made on the principal of the note secured by this mortgage, whether paid as regular installments or prepayments, ~ shall be credited towards release prices, whether the request for release of land is made at the time of, before, or after paylaent is made. All payments toward releases which are prepay- ments shall be credited to the next maturing instal~.ment or install.ments . : 4. All releases ahall be in strips running eastexly ~om U.S. Highway No. 1 to the eastern boundary of the subject~~r~sperty and,ahall be contiguous to~ the southern boundary of said tract. THIS IS A PtJRCHASE MONEY SECOND MORTGAGE. ~o ~abe anb ~o ~oYb ~ 5~~, ~~ether urith the tene~nents, heredita- ments and appurtenances, unto th~e said JKort~cc~ee in fee simple. - .t~tti~ sdid JKortga~or does covena.nt with said .~ortgdgee that said .hlor~gccgor is i».defeacsibty seized of sctid land in fee simple; tha~t ~he said Mortgiagor has full power and lawfut r,~i~ht to convey sctid l,ctnd in fee simple as afore~saul; tha~t it shall be ~ lawful for aaid .Mortgagee dt all times peacea,bly and quietlb to enter upon, hold, - occupy and e~rrjoy sccid land; th.at said land is free frnr?z alt incum,brncnces; th,act said ~ ~ .1lfortgcL~nr wilt make 8uch further cLSSUrancp,a to pe~fec~ the fee si~nple title to said - ~ land tn gaid .1Kort~acgee cr,s rnay reac,sonably be required; ctnd tha,t Bcr~d JKortgagor ' does hereby fullb uxcrrant the title to sacid land and will defend th,e sams a~ainst t,h,e la,wful claims of all person8 whom~soever. oa~~$4 ~~.3~$ - _ ~ . - _ ~