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HomeMy WebLinkAbout1913 ~ 11M'Nn~s ot~ ~~rao ?ow~ ~ ~ ~ i95~20 ~ ~ ~ • • F.xrcae.d e1~s !t/y dar o/ Jnn~ A. D. t9 70 br RICE~RD S. ~BLOM~ERiG, as Trnst~e~ and iAdividually, joined by his ~?ile, BLJ~INE SBLO~SRiG - G.~.uw/t~ catl.d th. ~na.toaoor. to 8I.'1'Ol~ I+~LTZER, RALPS DsCOVSNY and 8$1iJAMi~i S. 1CAL~iIClC, as Trustaes, rrhose post .oftir,s addresa iss • a/o ~en j aa~3.n S. 1Calaick, 41 8ast Forty-Secand Strset, New York, Ne~? YOSk 10017 lurdna(t.r oalbd tlu ~gag..: ~ie~aa~rtn~ui~a ~"~`~o~f~~ad ~a~i ~s ~ ~a~p~ti~wl~ad ~ ~ ~ irebiM ~ ~!e MMS rweL iuu+~M li Me.) ' ' ~ Z~IA! jor gOW~ Alld tl~aWOV~1 f.+OIYidN~iolts. O/Nj A~O il~ C~0/Lt1~OtiOR O~ R1! a~1ft gae. .ww n.~sd tn th. pnumt.so~r noe. -o/ .nen daa 6.n.urtth. l~.~i.~a/e:r d.scrt6.d. el?. u~o.eoogo. 1?.n.- bp 9ronta. bargot~u, ~Is. aTi~s. r+sn+is~+. oa~w~rr and oon~trms nnto t1w w~ortpaA~t. aU tla certatn ~and o/ mi~ich eI~ n~o~tgago, is r,ow ,Nz~d a„d U, pos..r~io~ sienae. in St. Lncie C~~7?• F~orida, rtz: - . ~ TRACTS ~M~ ~"~i" ~~O~ and "P" LO98 thO 30IIfi.heYly . ~relve (12')~feet of Tract 'M' of CORAL COVS HSACS sBCTION ONB, a subdivisioa in St. Lucfe Couaty, Florida, accordinq to the Plat thereof as reoorded ia Plat Book 11, Paqe 30 'A' and "8" of the Pub11C Records of St. Lncie County, Florida= ~ SOBJSCt TO conditions, restrictioas. cov~enants, easemeata, limitat~.aas, aad soninq la~?s of reoord. - ' ?HIS IS 11 PU~SB 1~ITEi !q~'lGi168. , Mortqaqee aqrees that the real estate herein encumbered shall be released frca the lien of this aartqage in separate tracta as above ci~escribed, upcu~ the paymeat of $65,000.00 taward the prin- ~ cipal sum dne on this martqaqe, and the nots secnred herebp, for ~ each tract to be released. Pa+OVIDBD, HO~iiSVB~t, that the first ~ tract to be released must be either Tract "P" or Tract "M" at the ~ optioa of the ~or4~.qaqor, and aubsequent tracts released mnst be ~ c:ca~tiguoue to the fiist tract so released. All pay~ents ta?ards priacipal, includinq regalar annnal fnstallments, shall be oon- sid~ered 3a oooa~ntinq the a~ount so paid so aa to entit].~e the ! I~ortqaqor to releases. Aay prepay~oeats o~ this mortqaqe aad note secured hereby shall be applfed by Mortqaqee to the aext ensninq annual installment dnet and shonld the a~onat so paid for aay re- leaae or releasee eucea3 the a~owurtt paid for the next enaninq _ - annual inatallment, then and in that event, ~any sum~a gai.d far releasea over and above the neat enBniaq anaual-inatallnent shall apply to the aucceedinq annual iaetallment.or installmenta ae the same ehall become dne. Al1 paymeats shall first be applied to faterest then accs~e~ed and thenoe to principal. _ ~ , . _ . ~ ~ z W The premises herein mortqaqed shall include premises conveyed by ~uit claim deed fronl Navillus Development Corporation to Mortqaqor which deed ~ e W~ is dated ;une 16, 1970 and recorded July 7, 1970 and recorded under Q~; Clerks File Number / j5( / 9 ,.$t. Lucie County records:_' Mortqagor m does not warrant title to such additional premises . ~ a~ . ~ ~ ~ . . s e ~ " ~ ~ ~ ~ ~ ~ ~~185 ~1914 ~ ~ . , _ ~ . . _ . r _ - s: _ . _ _ _ -