Loading...
HomeMy WebLinkAbout1784 ~ ~ . ~ ~ . ~ i ~ ` MARTGAGB DEED THIS MORTGAGE DEED, ~ Sxecuted the 21st day of Auqust, A. D. 1970, by GENERAL DEVELOP- M$NT CORPORATION, a Delaware cor~oration authorized to transact business in the State of Florida, party of-the first part, herein- ~ after called "the Mortqaqor", to CHARLES E. WILSON and JANET L. WIL- . SON, his wife, parties of the second part, hereinafter called "the Mortqaqees". - W I T N E S S E T A: THAT; for divers good and valuable considerations, and, also. in consideration of the aggregate sum named in the promissory note of even date herewith, hereinafter described, the Mortqaqor does here- by grant, barqain, sell, alie:~, remise, release, convey and confirm unto the Mortqagees, their heirs and assigns, in_fee simple, all that certain tract of land of which_the Mortgagor is now seized and _ possessed, situate in St. Lucie County, Florida, and described as follows: ~ - . A one-half undivided interest in and to: That part o~ Section 34, Township 37 South, ~ Ranqe 40 East, lyinq East of the East riqht- ~ of-way line of Sunshine State Parkway (Turn- ~pike) and South of the South riqht-of-way line of Becker Road and North of the North riqht-of-way line of C-23 Canal. TO HAVE ~ND TO HOLD the same, together with the tenements, heredi- taments and appurtenances, un~o the Mortgagees, their heirs and assiqns, in fee simple. AND the Mortgagor, for itself, its successors-and assigns, covenants ! - with the Mortgagees, their heirs and assigns, that the Mortgaqor ~ is indefeasibly seized of said land in fee simple; that the Mort-. ~ gagor has full power and lawful riqht to convey said land in fee simple, as aforesaid; that it shall be lawful for the Mo~ctgaqees,• their heirs and assigns, at all times peaceably and qufetly 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 Mort- qagor, and that the Mortgaqor does hereby fully warrant the title to said land and will defend the~same against the lawful claims of~ all persons whomsoever. This is a purchase money mortgaqe of equal diqnity with that cer- tain purchase money mortgaqe of even date herewith encumberinq the - other half undivided interest in the above described property and wherein General Development Corporation, a Delaware corporation is the Mortgagor and Gerald J.~ Holmes and Penelope A. Holmes, his wife, are.the Mortgaqees. ~ PROVIDED, always, that if the Mortgaqor, its successors and assiqns, shall pay unto the Mortqaqees, their heirs and assigns, that cer- tain promissory note, of which the following, in words and fiqures is a true copy, to-wit: 7S RECE7V~ ~ * ~AYM@ff OF TIIXQ DUE ON AASS INTAN6181E ~PFR90MAL PIbPERIY. PURS~N(~ TO diAP'fER ~72~. ACTS Of 191L R06EA P6tTR11S, Claf~ Cifq1~ 001at ~s A~eat lo~ O1W1EL I!. KNOwIES, JR, . St LvcM Oan~ T8 Colixbor . . . . . ~PIf1Y CLF10~ 1'his Instrument Was Prepar~ea 8y; ~ - ~ • SIDHlEY B. KRIISStiER, Corporate Counsd ~ General Developmant Corporatfon l l l l S. Bayshoro Or.. Miamf. Fla. 33131 . - - .i ' ~'ia..-:..~ . ,.r~~....~~.~.~~_.~~.~.TW~r-.•~.. ..~r-~-.._.~~_~~~....-- .t ' . " ~ .