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~ij~ 1~ ~~rt~t~ar ~C!'('~~ c~xecuted ~his 12th day o~ Februar~__ p. 19 ? 1 .
~ 6~' LUSII.r~_V~ COSTA
part o( ~he ~rrst po?t /hcic~inajtc~r called "11n.tgagor"l, ~o NATHAN PHILLIPS and_ _
ELTON MELTZER as Trustees
par~l~.~_oj Ihe second parl fhereina(ter called ".Ilnrtgagee"1. -
~ttlteSSetl~:
I That jor dirers ~ood ~and ~~aluabl~ consideralions, an~l o/so in consrdervtion oj the a~~regnte sum
named in lhe promissor~• nn;c~ ___of c•i~.•n datr h~•rc>ccith, h~rrina(~~r described, and in considerafion of~ :
any and all sums duc~, or ~chich mQ~• h~rome due j~um ihe 1lorlgugor ~o lh~ 11ort~Qgee, the Ilortgagor doc~s ;
I gronl, 6ar~ain. cc11, oli~n, r~mis~, rc~lease, ~onrry and conji~m emto Ihc 1lorlga~ee, in fe~ limple, al! o( i
, lhal certain troct o( land oj u•nich !he Uor~gagor is nou~ sc~i2ed and possessed u~rd in actual possession,
~i situated ~a_S.L~_Lucie County, Florida, described vs follous, to-wil:
' Begin at the intersection of the East Right-of-Way of U. S. #1 Highway and the
~ North ~ight-of-Way of AlA Highway; run Easterly on North Right-of-Way of
1 F
AlA Highway 150 feet; then Northwesterly parallel to East Right-of-Way of U. S.
i #1 Highway 150 feet; then Westerly parallel with North Right-of-Way of AlA
~ Highway 150 feet to the East Right-of-Way U. S. #1 Highway; then Southeasterly
on right-of-way of U. S. #1 Highway 150 feet to the Point of Beginning; being
;i part of the SE 1/4 of the SE 1 J4 of Section 33, Townshi 34 South Ran e 40 East
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~ and part of the SW 1/4 of the SW 1/4 of Section 34, Township 34 South, Range ;
~ 40 East, St. Lucie, County, Florida.
~ ~3 ~o
~ IN PA7M~ pF TAXF's
This is a purchase monev first mortgage. ~~ro~h' ~u~s 'C IIYTANGIBLE PERSCY,IL PRppERlf
~ ( - - - - - PURSUANT TO CHAPTCR 20724, AC1S OF 1941. •
`i ! ~~-i ! t-~ . : _ , : : i ! ROGER POITRAS, Clerl~ Circuit Ccurt _
c~ LC::U;•?Eti i _
_ ' ' _ - - ' f~ Agent bt DANIEL N. KNOWLES~ 1R
i' ~ j _ FE322'71 , - : +n n_ ~ ~JiL1E C0110~ T3x CO1ICC~Of
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~I ~ f.i"i~in~l:_ ~ _rl ~ d'~.
--t ~?9.~soiaj R _ - - - - - -
DEP1t1r ~ !
~~~~~~n.~s~ou~ ti~~rr_
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' S31, ~?50. 00 . . Fort Lc=u~ordal~, f lorida, Febru~~r,y_ 12, . lg 7~-
; i! FOR Vf+LtIE REC£i1~F.'J, ll,e :~ndereignod LUCILLI: CUS'1'~_ _ _ _ _ . _
_ jointly and BQVerally prornise(n) to pay !o the os~ici o;
~ I\~'i`~ ILn\T I'HILLll'S ~i2d r.L'r01'~ I~9I~LTILR.. as '1'rustces f
Q~ 4_1 L•'«st 2Znd St~et~t,__~teti~• Yor,:, I~Tetti_~ork, 10017 _
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~ ~ ot at such o!her plece ae th~ ho?:icr hereof r.:ay designate in ?lriling, t h e principal ~ur.~ ot
€ Tf,ii~t3~-one 'I'h~usand,~_l~~iiic I-~undred aiid k ifty------_------.------_ ------T);,:l:,rs.
_
~ Principal shali be puyabi~ as fo21c«•s: ten equal.seini-annual installmcnts_o~[~~~_J~5.0.0_
~ i~ _ each_comrnenci.nb on the 12t1i day of February, _1972 and continuin~Qp_tl~~_1?th ~
~ ~i _ci~}*_.of_Augu:t_alid tk~e_ J.2th da~~.nf FeUruary each year.thereafter_untilpaid~ ~ti~
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~ In addition to the abovo i~nci 1 a ments, interest at the rate of 7_ 1~2
~ p~ pa p y per cent per cnnum. ,
~ com uted iroz:~ date _ shall be a~=ablo _~emi-annuall ~
~ ; ~ P _ - - F : ~ -
~ - - - - - - - - - ~ - - - - - - - -
Ir.~erest s22ali be ~alculc:~d oa the t:~ii~~ip~l ba:r.nce irom lirr.c~ to fime retnainir.g unpaid. :+11 4~
~ ~
~ p~~~r.;ents recei~ed shai~ b~ c,~2,i~E~.: f::~t t~ current inteiest Io tne dale of the palrne::i, wit?: =he t~
~
~ ` bcianc~, ii er.y, to p~s: dLe ~Ri_°3.^=t, if an~, anc: µ•it'si th~ retT,ai:.inc bu;crtce, if any, to pi,*:-z~~l. ~
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P,~pcr e:.r ~°:;S'tr°"'P: ~1 I11S 1`ote mav Ue re aid at an time ~vithcut eiialty but ~
= t 5 P P Y P
~~y ~ partial payments inay be mac~e oiil~ in the amount of principal pa~Tments or
,
~ mu~tipl~•s ~hereuf. _n}
y4 ~ri ( E..ra: 7.FLF:;:'..~• . C~t:n-Id1 w~::._ ` Q l~2ys .._n ~~,~L . .~:-:b ~r~ _ . . .
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