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HomeMy WebLinkAbout1679 ~rv.LV.'.•~ t t; WAIIACt W. Ktnntu~ 2900 E. OAKLAND PARK BLYD. ~ fORT LAUDERDALE, FLORIDA t~, ~A ia7.2... EL~ mr~r} fl i the. . .I. ~ . . . . . das oi . . . ~!!'~7C~. . . . . . . . . . . . p~ J LaPORTg_,. , unc~iv}~e~_ ~3~~t, er~ •~0.~?N~~~.US . CA~,pxAA I,LO..&. JOAN C~~'~DRTELLO, his ~wife, undi'vided interest; and BER~WEBER & •-••F~,O~ENC~••W~BER;~~his~~wtfe~; ~und~ividec~ ~~~3•~i-nteres~:-•••••••••••••••-••••••• hereinafter called the MortgaBOr, H•hich term shall fnclude the lieirs, legal representatives, successors and sstigns oi the said MortBagor ~rherever the context so requires or admits. w JOEL_ HIR$CHHORN?. Trustee . . . . . . . hereinafter called the Mortga6ee. W~1~ich term shall incluci~- Lhe heirs, legal representatives, successors and assiBns, of the sald MortRagee wherc:cr tt:e context so requires or admits. WITNESSETH: That ior dieers Rood and ~aluable considerations, and also in consideration of the aBB~- gate sutn named in the promissor~ note ot eeen date he:eveilh hereinaiter described, the said Mortgsgor does hemby grant, bargain. sell, alien. :emise, re)ease, conves and confirm unto the said biortgagee, his heiis, guCCessors and assigns, ell the certain piece , parcel or tract oi land, oi which the said ~iortgagor is novr seized and - possessed and in actuul pos~rt.cn. s~tuate in the County o! .St,_ LUCle and State of Florida, described as follows: The Northeast 1/4 of the Northwest 1/4 of Section 22, Township 36 South, Range 40 East, lying and being in St. Lucie County, Florida, encumbering those parcels known as Parcel 1 and Parcel lA, Parcel 2 and Parcel 2A, Parcel 3 and Parcel 3A, Parcel 4 and Parcel 4A, Parcel 5 and Parcel SA, and Parcel 6 and Parcel 6A, subject to Right of Way of U. S. Highway No. l. SUBJECT to taxes for the year 1972 and zoning and restricti~ns, limitations and easements of record. This is a purchase money first mortgage. The Southerly five (5) acres of subject property is expressly excluded from the lien of this mortgage. Additional parcels shall be released in minimum five (5) acre strips described as and in the sequence as follows: The North five (5) acres of the South ten (10) acres; thence the North five (5) acres of the South fifteen (15) acres; and proceeding in this manner from South to North so that all unreleased property remains contiguous. The amount of each release shall be computed at the rate of $2,500.00 per acre; and all principal payments made on the mortgage shall be cumulative toward releases. W 5 i j~ ~ u~ ~ uA . q~` *"~'°R~r. ! i~c^~~* ;~A~~~-=- ~ , c~ _ ' ` ; ...r _ .C ~Nl~~slE ~ l9l~.~,~ J ' i J j .~U~12Z~7Z r';'i 1 _ ~~1E~ ~t~~~. ~ ~ ~ ~ ~ . ~=i~~-r i' y 3~ 5= ~ II~ER ps ~~f pp, RA . ~ ~ i`Dr D• r::en:=~ Zs _ W~j ~j' ~ _ s...•-' - F! ti. o~~ z - 1~~ I ~ _ TO BAVE AND 'PO HOLD tl~e same. to~ether ~clth all and singular the tenements, hereditaments and ap- ~ ( purtenances thereunto belonging or in an~•a•ise apperta?nmg and the reversion and re~~ersions, remaindei and F ~ remainders, rents, issues and profits thereof and also all the estate, right, title, interest, property, posseselon~ claim and demand ahatsoe~•er as well in law as in equttv of the said MortBaBOr in and to the same and every part and parcel thereof unto the said MortRa~ee. and his heirs, successors and assigns, in fee simple_ ~ ~ Md said MortBagor, for h~mse:f, and his heirs, le ~a; repre.sentatives, successors and assigns, hereby coven• ~ ants Rith said MortBagee. his heirs, legal representatives, successors and assigns, that said Mortgagor is inde- ~ feasiblp seized of said land :n fee simple: that the said Mor;gagor has full povrer and laa•iul right to convey the ~ same in fee simple as aforesa~d; that ~t shal{ be lea•fuf tor said MortBagee, h1s heirs, leBal representativea~ auc- ~ cessors and ssaigns. at all times peaceabl> and quietly to enter upon, hold, occupy and enjos said lsnd and every ~ part thereof; that said land u free from all incumbrances: that said MortBagor, his heirs, legal repreaentatlves, ~ succeasors and assigns, will maice such turther assuran:es to perfect the fee aimple title to said land in said ~ 1QortBagee, his heirs, legal representatives, successors and ~signs, as may reasonably be required: and thet aafd ~ •~iortBaBOr does hereb3+ fully w•arrant the title to said Iand and e~•ery part thereof and will defend the same aBainst ~ the lewful c~aims of all persons v?homsoever. ~ PROVIDED ALWAY~. That ~f said Mortga,or shall pay unto the said Mortgagee the certain promissoty ~ note, 01 which the folloaing in «ords and figures is a true copq, to-~vit: WALLACE W. KENNEDY ~ ~XB~B~C?~C8'~~BQ . ~ ~ Attorneys at Law ~ti 2900 East Oakland Park Boulevard ~ Fort Lauderdale, Florida D ~ ~ ~tiDl( ~ P1~f ~ . ~ `c-saj ~ . _ , ~F'~y, -y~ f`3S» , ~ ~s. . h, 9` ~t 6 x~.-. ~ . _ s . " _ ' _ x . .