HomeMy WebLinkAbout2696 y. .
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MORTGAGE DEED
THIS MORTGAGE DEED,
EXECUTED the lst day of June, A. D. 1970, by GENERAL DE-
VELOPMSNT CORPORATION, a Delaware corporation, authorized to
transact business in the State of Florida, party of the first
part, hereinafter called the MORTGAGOR, to W. D. SHARRETT, as
to an undivided 3~lOths interest, MARY E. SHARRETT, his wife,
as to an undivided 3/lOths interest, RALPH L. SHARRETT, as to
an undivided 2/lOths interest, and to RUTH SHARRETT GLEN, as
to an undivided 2/lOths interest, party of the second part,
hereinafter called the MORTGAGEES.
W I T N E S S E T H:
THAT for divers good and valuable considerations, and
also, in consideration of the agqregate sum named in the pro-
missory note ef even date herewith, hereinafter described, the
MORTGAGOR does hereby grant, bargain, sell, alien, remise, re- _
lease, convey and confirm unto the MORTGAGEES, their heirs and
assigns, in fee simple all that certain land of which the MORT-
GAGOR is now seized and possessed, situate in St. Lucie County, +
Florida, and described in Exhibit One attached hereto and mad~
a part hereof .
TO HAVE AND TO HOLD the same, together with the tenements,
hereditaments and appurtenances, unto tlze MORTGAGEES, their
heirs and assigns, in fee simple.
AND THE MORTGAGOR for itself, its successors and assigns,
covenants with the MORTGAGEES, their heirs and assigns, that
the MARTGAGOR is indefeasibly seized of said land in fee simple;
, that the MORTGAGOR has full power and lawful right to convey
said land in fee simple, as aforesaid; that it shall be lawful
for the MORTGAGEES, their hei=s and assigns, at all times peace-
ably and quietly to enter upon, hold, occupy and enjoy said land;
that said land is free from all encumbrances, except any existinq
at time of conveyance to MORTGAGOR, and that the MORTGAGOR does
hereby fully warrant the title to said land and will ever defend
the same against the lawful claims of all persons whomsoever.
PROVIDED,always, that if the MORTGAGOR, its successors and
assigns, shall pay unto the MORTGAGIEES, their heirs and assigns,
that certain promissory note, of which the followinq, i.n words ~
and figures, is a true copy, to-wit:
a~ i
R~~'~ IN PAYl4ENT OF TA~fES ?
QlfE ON CLASS 'C INTIIN~I~IE P[CSCHAL PROPERiY, '
RIZSUMtT TO C1IAPTER 20724, A6TS OF 1941.
ROG~R POITRAS, Clerk Grcuit Court ~
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as ABent for DANiEt M. KNOWLES, 1R '
St Lucie Ca,~i~ taz Colledo[
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