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~RTOAO< D[<O V RAMCO rOR~/ R[•
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Ex~uted ~he 31 st day of May A. D. ~9 ~2 6y
WAYNE CONSTRUCTION COMPANY
he.~tna~~er called ~he mortgngor, ~o SURFSIDE PROPERTIES, INC. , a Florida corporatio ,
whose mailing address i s P. O. Box 3389, Fort Pierce, Florida 33450
tiereina~ter ca~~ ttie mortgagee:
(Wbe.e.er u~cd he~eu t6e arss • ud ••~«taasee" i~clYde atl ~?e p~rtia a t?i~ iaur~eat ud t~e.?anj
ksd reV~e~esntivd aed ~u o( ur~~ud tk ~eccenon asd ~~s ot oorpor~tio~r ud t!e ee~ '~o~e'
includes all ~he aoaa 6ereia dc~tr~ed it sae o~e.)
~~In~t~~ t6at /or good and ~i~bl~ ro.~~de.d~~o?~, nnd n[so in conaideration o) the apgre :
gnfe sum nnmed in I~e promissory note of even dnte herewilh. ~ereina~ter c~etcri~. the n~ortgagor iwre-
by 9~u. 6argnins, se~~s, n~tens, remisea. rnnueys and confirnu unlo Ihe mortgagee al~ ilee c~ertdn land
o~ whic~ t{~e mortgagor is now seizea and in possession sifuate in St. Lucie ~.'ountp.
F~oridn, viz:
Lots 10, 11, 12, 13, 14 and 15, Block 13, SURFSIDE .
UIVIT TWO, as per plat thereof on file in Plat Book 11,
page 8, public record~ of St. Lucie County, Florida.
PARTIAL RELEASE PROVLSION:
i ~ So long as mortgagor is not in default for payment of principal or
~ interest on the promissory note secured hereby mortgagee will
~ release from the lien and operation hereof indittidual lots on the ~
basis of one (1) lot for each principal paym.ent of $3, 150. 00 to- ~
gether with any accrued interest on that principal sum since the
last interest paying date.
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a~202 ~2639