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Execrcted the day of ~~h .~1. D. 19 72 .
bb MOTOR INVESTI~NT CORPORATION, a Delaware Corporation, ~ .
authorized to do business as a ~
~ corporc~tion ~ under the laws of the State oj Floricla ,
and haz~in~¢ a _ place of busine.ss at Fort Pierce Florida
porty of the ~rst part, hereinajter ca~'ed t.he ~lfortQagor, to
GTNERAL MOTORS ACCEPTANCT CORPORATION, a New York Corporation,
authorized to do business in the State of Florida
of the County oj Palm Beach State of Florida
_ partJ of t/u, secon~ part, hereinafter called the Mortga~ee,
~itneeseth~ that for divers .~ood and vcclua,ble considerations, ctnd also in
consideration of the dggre~sate sunt nanied in the promissory note of even date here-
rvith, her~iitafterdescrib~•d, the sctid J1fo~•t~agor, does 3srant, bargain, sell, alien, remise,
release, conveJ and con~irnt tcnto the said .M~ort~a~ee, in fee sintple, all that certain
traet of land, of which the sai.d .hlort~c~~or is now seized and posses.red, acnd in aetiurt
~vossession, situate i» St. Lueie County, Sta,te of Floric~a, descrabed
u.s fullows: .
From the Southeast corner of Lot 5 in the Florida Coast
Line Canal & Transportion Co. Sub-Division of the SE~
of Section 34, Township 35 South, Range 40 East,
according to Plat recorded in Plat Book 1, page 43,
of the public record8 of St. Lucie County, Florida, .
run North along the ~Sast line of said Lot 5,
twenty-five (25') feet to the point of beg' ;
thence continue to run North four-hundred (400' feet;
thence run West parallel with the South line of said
Lot 5, five-hundred eighty-nine and sixty-five
hundredths (589.65') feet to the East right of way
line of U. S. Highway #1; thence run South along said
right of way three-hundred seven and seventy-three
hundredths (307.73') feet; thence run West parallel
with the South line of said Lot 5, five (5') feet;
thence run South ninety-two and twenty-seven hundredths
~ a oint twen -five 25' feet North
2 2 feet to ~ )
; of the Sauth line of said Lot 5; thence run East
` five-hundred ninety-five and five-tenths (59R3.50') feet
' to the point of beginning. -
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THIS IS A SALLOON MORTGAGT AND THE FINAL PAYMENT
OR THE SALANCE DUE UPON MATURITY IS $175,000.40,
~ TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL .
, ADVANCEN~NTS MADE BY TI~ MORTGAGEE UNDER THE
~ TERMS OF THIS MORTGAGE.
~ ~
7~ a~ *~nrr~'r a ~
~ ~ TO~n~~
~ q~t p~,rR p~t. tr~M oK A..
~
~ - ~v
~ ~
~ To Have and tc~ Hold the same, togeth,er with the tenem,ents, heredita~-
ments and appurtenances, unto the said .hlortga~ee in fee simple.
~ sacid JKort~ctgor does eoaenant zvith said .1Kort,gagee that sciid Jlfort~ccgor
is indefeasibly seized of said land in fee sirriple; that the said .1Kort~a~'or ho,s full !
~ power and lawful ri~ht to convey said land in fee simple as afore.said; that it shacll be f
~ lawfut for scud Mortgc~gee at alt times peacea,bly ccnd quietly to enter upon, hold, ~
~ occupy c~nd er~joy said land; th.at said land is free fro~n dll incwmbrances; t1uLt said
JlTortg'ac~nr witl »uike such further a,ssurances to pe~fect the fee si~rtple title to said
, land in said JK~ort~agee as may reasonably be required; and thact sa,i.d .1Kortga~'or
does hereby full,y warrant the title to said land and will defend the same against the
~ la,wful claims of all persons whom,soever. 0 R
~ t00K ~ PAGf ~
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