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Home My WebLink About0110 , [ . , ' , 4 t Z ~ 1 { ~ FLORIDA M~RT~AGE ~ Thi S 1 NDEt~TURE, rrade th i s ~7 day of February, 1971 , by and between FORT PIERCE fiE!OS PLAZA, a joint venture of Melvi~ F. Sembler, Fred A. 8eshara, Al bert L. Dang 1 er and N i choi as Manos, of the County of u~---6 ~ l~ i n Lhe ~State of ~'~~t?~«- , Mortgagor, and hereinafter so designated, and FRASER MORTGAGE ~ CGPiPh~Y. an Ohio co~poration, with officzs at 1000 Union Commerce Arcade, Cleveland, ~ Cuyahoga County, Qhio, as ~lominee of FRASER M,ORTGAGE INVESTMENTS, a business trust ~ created in Ohio pursuant to Declaration of Trust dated May 7. 19b9, with pc.wer to satisfy, discha~se, release, foreclose, assign or transfer the within mortgage, said FRASER MORTGAGE CGMPA~fY as such Nominee being hereinafter designated as Mortgagee: WH~REAS N~ortgagor is justly indebted to Kortgagee in the principal sum of T~10 r~lLLIOy SEl1EN HUNDREG ~IFTY THOUS~N~J AND NO/100 DOLLARS ($2,750,000.00), as evi- denced by a certain promissory note of even date herewith, with the final payment of which is due on ~~larch 1, 1972, executad by Nortgago~ and delivered to Nortgagee, seid note beir~g drawn on the custonary form of Mortgage and by reference being made a part hereof to tne same extent as though set out in full herein. i 4 ~04! Tl;IS It~JENTURE 1~lITNESSETH, Lhat Mortgagor, to better secure the payment of the principal sum set cut in said promissory note, and interest therean, and in consideration thereof, and for other valuable considerations, has granted, bargained ~ and sold and by these p~esents daes grant, bargain and sell to Mortgagee and to its successors and assigns farever, all that certain parcel or piece of land lying and , being in the Coun:y of St. Lucie, and State of Florida, and more particularly described as: i t Con.~~cing at the intersection of the North line of the Southwest 1/4 of Section ~ 22, Township 35 South, Ranee 40 East and the centerline of U. S. Highway No. l, ~ ~ thence run East along the said 1/4 Section line 40 feet to a point on the East right ~ ot rray line of U. S. Highway No. l, ~ Thence run Soutn alang said Edst right of way iirte 1,553.2 feet to the point of begin- . f ni~g; 7hence r~n East parallel to the aforesaid 1/4Section line, 233 feet to a point; . E :nence run t~orth parallel witn thz cast right of way line of U. S. Fiighway No, l, ~ 1$0 feet to a point in the South property line of the James Paxson property; • a ihence run cast para'.le~ to the aforesai~ 1/4 Section line along the aforesaid James , ~ Par.son South ~roperty line, 417 feet to a point, also being the Southeast corner of ; ~ the Jar~s Paxscn property; ' ~ thence run ;torth parallel v~ith the East right of way line of U. S. Nighway No. 1, also ~ ~ being along the East property line of the James Paxson property, 90 feet ta a point; ~ ~ thznce run cast parallel to the aforeaaid 1/4 Section line, 400 feet to a point; ~ thence run South parallel with the East right of way line of U. S. Highway Ivo, l, ~ 020.03 fcet to a point of intersection with the Itiortherly right af way line of the ~ Flori~a ~ast Coast Railway; ~ thence run Scuth 69° 32' ~:0" tidest along said Railroad right of way )ine, 800 feet to ~ a point; thence run ~vartn 20° 27' 20" ldesz 200 feet to a point; thence run Seuth o9° 03' West 153.07 feet to a point of intersection with the East ~ 1 ine of tt~e C~ty of Fort Pierce right o~ r.-ay i ine; thence run west parallel with ~ the t/4 seczion iine, $3 feet to a point on the east right of ~vay line of U. S. F;ign::ay ;.o. 1; thence run Kcrth alcng said East rioht of way line~ 54~ feet to the ~oint o` becinning. Less and excepting Lhe L~est 83 feet thereof adjoining U.S.Highway No. 1 right of w~y ;n accord~nce with tnat certain Grant of Easenent from the City of Fort Pierce, ~ a;~aunicipal Corpcration or tne S~ate of Florida, to the Central Bank and Trust Company ~'j c~ ,Hi~-i, Flori~a, dated Oct.7, 1963, and recorded in O.R.Book 85, Page 57b. Public ~~ccras oF St. Lucie County, rlorida. ,'Y~4 s~ I f f ~f i~~r V • ~ / i_ ~ti ~ ;vr~ ` ~ ~/.+~J//-l!'oi~ '~t~'r+~/- 4(."1''`~~`~ ay ~ ~ f f` ~ C=~it /O~~ r:?ti1-rt i'P(i Je~I~~.~ l!F ~ ' ~ ~ ~Y. rj/ 0 p ; ' go~K191 1~ ; . ~ - - . _ . , . . - - . ~~.i'. : - °°Y~i. ~ . . , . _ . . ~ , _ . . _