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Home My WebLink About1930 ~i-x;r:T .ac.E_~~•~ e,,:~T: . ~ 2198~ 1 218'798 1'HI3 MORTGAGE DEED, made ~ad asecuted the.~da~ oL_ LX.~~ ]9? 1 ` Dy .__......_.__YV.I.I.LIAM..Ii._...I~IATSDI~i...._as_.Sruske.e......-----...__.._......_.........___.._.._._.._..___......_.._.~._ hereinafter called the Mortgagor, K•hich term shall include t2.e heirs, legal represent~?u~~es, ,ucceasora and assigns ot the said I?lortgagor wherever the context ~o require~ or a.imiis, ~ , co..__.___.. ......................A_,._._H..___JACOBSON• ~.a Minne ota corporation,~ ~ CO . - - -•--........._..~r~=~----._..._____..---•-•-------..._._._._..~___._.__._.___.___..----- hereinafter called the Mortgagee, vvhich term shsll inclu,ie :2~e Aeirs, tegal representauvea, succes.wrs and assiga~ 01 the said 1?Sortgagee whenver the context so reqwres or admits. RTTNESSETH: That for dl~ere good and ~aluable conaiderations, and aLso in consideravon of the aggre- gau swn named in Lhe promissory note of e~en date nerevr~th hereinafter dexribed the eald biortgagor doea herebp greu~t, bargain, sell, al:en, rem~se, release, con~•ey and conf~rm unto the said 2~tortgagee, his heita, aucceasors and a~,gna, all the certain piece__._, parceL... or tracL__. o[ land, of K2uch the said Mori~agor is novv aeized and poues~ed and in actual possesaion, situate in the County oi_.St_,,_,LuCie .~d State o! Florida, described as follou•~: Parcel "B" ot a plat of a survey of the South ~ of Government Lot 5 of Section 2, Township 37 South, Range 41 East, and the North 605.23 feet of Lots 1 and 2 of Section 11, Township 37 South, Range 41 East, recorded in Plat Book 7, page 13 of the public records of Saint Lucie County, Florida; said Parcel "B" lying in and comprising a part of the South ~ of Government Lot S of said Section 2, Township 37 37 South, Range 41 East, together with all littoral and riparian rights thereto appertaining. ' SUBJECT to 2oning ordir.ar.ce and regulations of oublic record. TIiIS IS A PURCHASE MONEY MORTGAGE. " ~ ; pARTIAL RELEASE PROVISIONS: The Mortgagee will make, execute and ` deliver to the Mortgagor, his heirs or assigns, partial releases ; of this mortgage beginning at either the North or South boundaries ! of the mortgaged lands and extending from the Eastern to the Western i boundaries thereof in parcels having a North-South width, as measured 5 along State Road A-1-A, of not less than 100 feet, upon payment of ; the sum of ~ao Hundred Eighty ($280.00) Dollars for each foot so re- leased. All payment of principal shall apply toward partial releases; ~ provided, however, that any prepayments of principal in advance oR the 3 date on which due shall be credited to the installments due on the note secured by this mortgage in inverse order. t F ; (THIS MORTGAGE HAS BEEN RE-RECORDED TO CORRECTLY REFLECT THE NANiE OF TSE MORTGAGEE.) Tp HA~IE AND TO HOLD the same, together with all and singular t2~e tenementa, hereditamenb and ap ~ 3 purtenance~ thereunto belonging or Ln anywise appertaining aad ihe reversion aad re~ersions, remainder and ~ remainder~, rents, issue~ an~ profita thereof and also aA the eatate, right, UUe, interes~ property. poaeesaion. - cla~m and demand whaisoever ae well in lew aa in eqwty of the eaid ~tortgsgor ia and to the same aad ewery part and parcel Lhereof unto ihe said Mortgagee, and his heirs, succesaors aad assigna, in fee aimpla ~ Md sa;d Mortgagor, for himself, and his heirs, legal repreaentativea, auccessors and assign~, hereby coven- ant~ ~•ith said itortgagee, hia heirs, legal repreaentati~es, auccessors and asaigns, that sald Mortgagor :s inda feasibly seized of sa:d land in fee simple; that the said I?iortgagor has fuil power and liwful right to convey tAe ~ ~ame in fee s:mple as aforesaid; that it ahall be law•ful for said Mortgagee. h1a heirs, legal representativen, auo- i3 = cessors and ass:gns. at all times peaceebly and quieUy to enter upoa, hold, occupy nnd en~oy asld land and ever~ - part thereot: that said land i~ free lrom all incumbrances; that said Mortgagor, his heirs, legnl npresentatives, successors and assgn•, w-ill make such further assurances to perfect the fee simple tltle to sald land in said Mortgagee, his heirs, legal representatives, successors az?d aa9igns, aa may reasonsbly be required: end that said Mortgagor does hereby ivlly K•arrant the Utle to aaid IAnd and every part Lhereof and v~111 defend the eame aga+nst - L.:.e :~:~-ful c;a:rns o! r?1: ~ersons Khomsceti•er. PROVII`Fri~ AI.~VAYS, That if said Mortgagor shall pay unto the eaid Mortgages Lhe oerLsln pmmiasor~ no!r, wh:ch ~*.e tQilowing in worda and Sgures !s a true copy, to-wii: iHIS ~~~5'n.. i. K_ .n.~ [3f { i CAROL %+~vJ~R,,ON _ HEfMAN b CRARY, P. A. Attorneys - "LOl FIRST NATIONAL dANK ~LDG. B4~K 1~~ FACE STIiART, FlOR1 DA 33494 + 0 R ~ ~ ~ ' ~ n~~ ' - .ei BQOK 'C: y . : ~ _ . w . _ . _ _ . ~ 4-~