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THIS INDENTURE. Mede the 9th d~y ~f +•~tOb@Y , A.D. 19 7O bet~neen ;
IrbbilQ Aaeri~ana cor~cstion, a i n~~~ta c`src~nrati '
.
of St. ~.11Ci@ County florida, hereinafier des~gnared as the "'hiUkTCiAGt~1~," and Fi~2$T iEviRAi Siavit~iv5 :.PvD tOAN
ASSOCIATION OF fORT PIERCE, a corpora~~on organized and ex~s+~ng under the laws of fhe Un~red Statos of America and having its principal place of
business in ths Gity of Forl P~erce, St. lucie Caunty, Florida, hereinairer dasignated as the "MORiGAGEE:' ,
WHEREAS the MORTGAGOR ~s ~ustly indebted to the MORTGAGEE i~ the sum of S~7OL~0!~ good and lawful money of the Un~ted ~
States advanced by the 1'AORTGAGEE umo the; !~tOi:~Gr1GOR, as r.~d~nc_d by a certam prom~ssory nate of even date herew~th, of wh:ch the following in s
words and figure3 is a true topy, to-wit:
s 270?~00.00 ~p 3_16
: S77
Fort Pierte, Florida, _~t0~= 9 19
For valvs received, I, we o~ either of vs, prom,se to pay, wifha~t drfa!canon, to ~hr ordrr of iIRST FEDERAL SAVINGS AND IOAN ASSOCiAT10N OF
FORT PIERCE at Fort Pierte, Florida, the sum of 27O w.th mterest from d~se at the rate of9_~0_°; per annum, in monthly install- j
nents as fol!ows: S?1-7
.4O! on the lsth day of NOV@~Q! t9 70- ar.d a IiKe sum on the cor:espond~ng day of each moroh there- ~
a'rer unti) the whole be fuily pa~d. ~
Each instaliment first ;hall be ap;.:.ad in paym~~nt of ti:e i~terest and +hen on tne u~:pa'd ba'ance of the {~~~nc pal sum. If default is made in the ~
; ayment of any insta~lment wh~n due, and w.h drfauit cor.hnues 30 days, thrn at the opt~~n of the ho:der, and w~tho~t any other net~ce, all the remaineng
•,sraliments shail be d~e and payab;e af unc~. Pnv~!e~e is g~~rn to prepay this note in whole or in part at any t;r,:e w~tho~t prnalfy. Neither forebearante,
nor acceptante by the holder thereot affrr any defau~t ~n any payments hereon, shall tx derc~ed exte:u~on. A iarr payment tharge o( S 137s-`!Ys6a1) be ~
~dded to each inzta~Iment remai~fng un~,a.d 7 diys after rts due date, and a:r•e r~m sna~l bc ~dded to exh such ins~ailment remaming unpaid 7 days a~ter S
each sutteeding payn,enl da!e. #
Eath maker, wrety and endorser hereof, jc~mly and :ever~~ly, wa,vrs d~•nand, p~esenrment prorest and nohce of protest for nonpaymeM, and iurther ;
a9rees to any extens~on of hrne of paymenr, e~ther before or after ~.,a~ur~ty, wiil•ou~ nor,ce to any of us; and to par all costs of collecrio~, includ~ng a ~
rrasonable attomey s!ee in the evem of any detauit hereunder, and hereby severai~y wai,res aH benefit o4 homestead and excmp!ion under the eonstitution {
a~~d laws of eath Stare of the United Srates, as aga~~ist tfiis obligation w any extension or renewal hereof. ~
W~tness the hand and seai of each partv• ~BILB A1~RICANA CORPORATION ~
BY: ~sI
R-pau1 arQar~t~n~ PrQSidQnt~At)
Cozporate Seal Aff i~oed (SEAU " ~q
° AI7BST: I~/Fs' JOhII ALdO~=y~c.t.lL?r~- (SEAu
. ~s~I ~
~ j405•~ ) State Revenue j
270 OOOv00 ~
VOW, THFREFORE, the MORTGAGOR ior the purpose of securirtg payment of aa~d sum of S ~ snd ff~e perfo~mence of Sh~ ~
covenants and a9reements hereinafter expressed, and for d:vers good and valuable cons~derat~ons, by these presents, dees grant, bargain, sell, remise,
•e:ease, convey and confirm. unto the MORTGAGEE, its socceiwn and 3ss~gns, al1 that cerruin ~ot, piece w parcel of Iand, situate, tyirg, and beiog in the
Covnty of St •~CiQ and State of F~orida, desuibed as follov~~s: ,
PARCEL 1
The Nor~"h 10 acras of the NW~, of the SFiz (beiny thQ North 329.47 feQt as ~seasured ~
alony the N/S ~ line ) of Section 33, ?ormship 34 South, Ranqe 40 East~ 1.ES5 AND ~
EXCEPT right-of-Nay of U. S. Highway Nn. 1(Stats Road No. 5). ~
PARCBI. 2
i r
; That past of the South 190 feQt (as neasussd alonq the N/S ~ line ) of the SW~ of
E the NE~ of S~ction 33, Township 34 SoutD, Ranys 40 East, lyiny W~st ot U. S. No. 1
; (State Road No. 5); L.BSS AND EXC6PT tha tollowinq:
s ~
i Bagianin9 at the NB corn~r ot Puc~l 2, above dascribsd,
i run Wiest, alonq the Nosth lin~ thesoof a distance of 200 feQt;
~ th~nca, run Southeastarly 40 fQ~t to a poi~t which is 200 fQ~t -
~ froc~ a point on the west lin~ of U. 5. Hi96way Noe 1(StatQ '
j Road No. 5) which is 10 fQet Southasstasly ~roa the Beginning ~
~ Point; thance zun NorthQaste=ly to said point on th~ W~st line '
0 ot U. S. Hiqhwsy No. 1(State Road No. 5) which is 10 fQ~t "
r SoutheastQrly of Beginniny Point; thence Northw~starly to said ~
' Be9inning Paint.
v. i
~ PARCBL 3 ~ :
~
That part oi the Iiorth 460 fQet ot tha South 650 lQat (as aQasurad t?lony thQ N/S '~L ~
_ lina) o! thQ ~i~ oi th~ NB'~ of Section 33, ?ownship 34 South, Rany 40 East lyin9 ~
- w~st oi U. S. Hiyhway No. 1(Stat~ Road No. 5); I.ESS AND SXCBP? the followinq: ~
a
Fron the SB cost~r ot th~ last a?bove-d~sc=ibod land, =un ~
= Northwestesly sloa~ tb~ Bs~st boundazy ther~of s distaacQ ot
; 390 lQet; thoucs sun Soutbxsstosly Z00 i~~t to a point (whicb
point is 40 tset du~ Sout6 of a lint pasall~l aith the South ~
~ line oi Pascel 3 aud beiny 400 t~st North~zly th~s~of as
aeasues~d aloa said Bast bouadar tb~oce uNst, pa~callal with ;
~
~ tht Sout ne PatcQl , 90 ~t, ~orQ oz leas, to a point
whieh is 30~0 teet WQSt of said Bast bounduy as the sa~t would
~ bo aQasus~d on a lin~ parall~l with tM Soutb litr ot Pa?rc~l 3; ;
thencQ Southaastazly, parallal Nith said Bast bou~dary to tb~ f
~ South line ot Pucal 3; thancQ Bast, alorq ssid South lia~ 300 ~
~ taQt to Point of Be9inr~inq, ?
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