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~ Exvcutod t6~ 30th doy oJ December A. D. t9 70 6y
RIGGS BNTERPRISS3, INC. ~
;
n corporntion existing under the laws oJ FlOrida , and having its principal place o(
~ 6usiness at Fort Pierce, Florida 33450
kereina)ter caUed fl~e mortgagor, to ST. LUCIE COUNTY H~ANK
a corporation existing unde? the ~awa oj the $tate oJ Fiorida , wil~ ita pe?manent poato~Jtce
addreu ae Fort Pierce, Florida 33450 ~ •
hereina/ter called tl~e mwtBa9ee:
(W6e~r?er ~urd 6e~si~ t6e tenr ' mor~a~or~~ ud '•aor4t+~e" iwclude all the p~rties to t5is iastruec~t asd t4c bcin,
Icsa1 repeeac~utives aad a+~qm d+ iadGvidYab. ~od t4 ~uc+ce~o~s and assisa~ o( co~poratioas: and Iie tet~ ~•~ote~•
~ . i~cludes a8 ~Ae eou~ Aereu ddcnbed i( ~ae t6a~ oat. )
Wi~IL[~[Li`~ that ~or good and valuable considerations, nnd al.ro in considemtion o( the aggre-
gate sum named in the p?omissory note o~ even dafe hereu~ilh, hereinaf
ter c~escri~, the morfgagor ~ere-
6y ge~ants, bargains, sells, oliens. ' remises, conveys and con(irms unlo the mortgagee a~l the certain land
~ of wtiicl~ the mortgagor is now seized nnd in possession situafe in St. LIICl@ Counfy,
Florida. c~iz :
~ I
~ Beginning at a concrete monument at the intersection of the
~ East line of N. Second Street and the North line of tract of
~ land conveyed by Ft. Pierce Financing & Construction Co.
~ to Indian River Citrus Associates, as per deed recorded in
~ ~ Deed Book 87, page 380, of public records of St. Lucie
~ County, Florida, run thence N. 10°-54~' West along the East '
( line of N. Second Street, 314.8 feet to a concrete monument;
~ thence S. 49°-49~' East 50 feet; S. 45°-02~' East 50 feet;-
~ S. 39°-06~' East 50 feet; S. 34°-33~' East 50 feet; S. 29°-18~'
i East ~0 feet; S. 24°-41~' East 50 feet; and S. 23°-06~' East
! 28.13 feet to a concrete monwnent on the aforesaid North
f line of tract deeded to said Indian River Citrus Associates; .
~ thence S. 70°-16~' West along the said North line of tract
I ~ deeded to said Indian River Citrus Associates, 138.4 feet, '
to the point of begiruling. The East boundary of the above
; ~ ' described parcel of land lies 15 feet westerly from the
~ ~ ~ center-line of railroad spur track, as now located across
€ the lands of the Fort Pierce Financing & Construction Co.,
~ as measured at riqht angles to said track center-line at
~ 50 foot chord points. Being the same property conveyed to
p Fort Pierce Tile & Construction, Inc., by Fort Pierce Fi-
~ nancing & Construction Co. by deed dated March 19, 1952, and
~ recorded in Deed Book 172, page 66, of public records of St. `
~ Lucie County, Florida.
~ THIS IS A SECOND MORTGAGE, subordinate and inferior to that
~ certain mortgage dated May 21, 1963 and recorded in Official =
Records Book 63, Page 193-195, public records of St. Lucie ~
Caunty, Florida. ~
,
~ This mortgage is given as additional security and collateral ~
to that certain n?ortgage bearing date December 30, 1970 to
~ the St. Lucie County Bank and executed by Carlos E. Alonso, ;
Jr. and Patricia L. Alonso, his wife, securing a promissory
~ note in the amount of $17,000.00. The total loan covered
~ by both of said mortgages is in the maximum amount of Seven-
~ teen Thousand ($17,000.00) Dollars.
~ The mort agee agrees to execute a Satisfaction of this
~ , 9
~q Mortgage when the principal amount of Seventeen Thousand
~,e e' ~($17 000.00) Dollars has been paid down to Thirteen Thou-
~ ~ - ~
~C~ sand ($13,000.00) Dollars.
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R~G PORBAS: GerM G;:u:t Court
~ a~ ^t ,~t ~`;.~ilEl KN~Y/tES~ 1R
~ st ~ ~LU.~ ?,r W~~E::~~ ~~i~ ~1537
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