HomeMy WebLinkAbout1541 i
I ~RTOAOt O[<O RAMCO FOAM Rt~
1 LON~ I011Y
193242 ~
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Execueed the 7~ day oj I''~?Y A. D. t970 6y
Fort Pierce Sand & Materials, Inc., a Florida corporation,
~ heretr?a/ter caUed the mwegogor, to
Maravilla Development Corporation
~er~einajter caUed eh. moregagee:
(Wtie,e.re~ wed I~ere:~ t4 eer~ •'~4Mt~ud ••~~~ee•• i~clnde dl tie priia ~e ~?i~ i.~u.~e~t d ~Ye ~
kpl rewereantives aad et a~d ~ie ~uca~o~s a~d ~n o[ ooroonrior; a~d t!s M~ ••~oee•
i.d.aw .u t?c .ae. ~aei.~.a u.n.e o~e.>
~~I~~~ that eood ~d ~1~bI~ ooruiderntiont, and abo in consideration oj th~ agg~e-
gafe sum naneed in Ihe pronwsory note o) enen date ~ee+ewith, hereina~ter discri~. the moMgapor ~ure-
by g?anb, bargaina, sel4, altens, remisei, eonveys and ooaj~rn~a unto !he mortgagee aU t~e cwtatri land
o~ which the mortgagor b now aeized and in passesston situate tn St. Lucie County.
Florido. ot::
From the intersection of the East line of a 200 foot riqht
of way for U. S. Hiqhway No. l, and the South line of
the NW~c of Section 8, T34S, R40E, run East along said
South line 300 feet, thence run Northwesterly parallel
with U. S. Highway No. l, 1220~feet to the Point of
Beginning; thence continue Northwesterly parallel with
U~. S. No. 1 to a point on the North line of said Section
8, T34S. R40E, said point being.300 feet East of the
East line of U. S. No. 1 as measured alonq the North
line of Section 7 and 8, thence run East along the North
line of said Section 8, 746.26 feet to the West line
~ of Old Di~cie Hiqhway, thence run Southeasterly along
Old Dixie 1628~.79 feet, thence run West parallel with
~ the South line of the NW~ of said Section 8,~737.51
' feet to the point of beginninq. ~
1 . .
THIS IS A PIIRCHASE MONEY MORTCAGE. ~
; Mortgagor herein agrees that no sand shall be mined ~
~ fram the above described property at a level belvw the
grade of the existing Old Dixie Hiqhway which borders
the above described property on the East; nor shall
~ mortgagor remove more than eight (S) acres of ~and
` in any one (1) year until such time as this purchase
~aoney mortqage is paid in full. Mortgaqor agrees that
~ the slope of the land shall rise from Old Dixie Highway
e to an elevation one (1) foot higher at the Western edge
~ of any new excavation or mining.
Mortgagor shall maintain a slope of not less than 45° along
the east line of land awned by mortgagee for any new
~ excavation or mining.
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~ ~ TH13 iNSTRI.MENT PRFPApFD BV
~ CHARLES R• P- B`;QWN $~0~184 P~~1538
~ BROWN Q ALDERM/~N. LAYIYERS
~ P. O. OOX 14t8 • 30/ 5. 6TH 57.
~ FORT P~ERCE. FLORIDA 33450
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