HomeMy WebLinkAbout1646 ~ ~RTOAOE DEiO ;~33986 ~ RAMCO ~ORY Rtb
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Er~ut~l thp 12th day o/ Jti.ily. A. D. t~2, by
BRUCE A. RSMSBUR~G and JEGB JACKSON R~MSBURG, husband and wife,
hereinaJler caIIcKJ the mortgaflo~, to CATHSRINE COLBERT 33 Guardian Of ROSE D@FINA~
Incompetent,
hereinaJter rallpd the niortgagee:
(N'berr~:r uxd Acrein ~Ae term~ "soc~6+IM?,• ••~tpSee'~ i~rlude all tbe parties to tlw iestruse~t a~d t6e ?ein.
k[al rcprexuuti~es and aaiaw of iod'+viduah. and t!e wcces+nrs a~ assiR~s o( ro~por+tioas: asd t6e te~ 'aou••
intl~dn all the autn Aerein dexribed iI more tlun ooe.)
-~~~e~~ that Jor good orid vnlua6lp cronsi~erations, nnd a~.so in consideration o~ the aggre-
gnte sum named in IRe promissory nofe of even crate herewith, hereinufter clescrtbetl, tF~e morfgngor he~e-
by gmnts, bargnins, se~ls, aliens, remises, conneys anc~ con~irms unto 16e mortgagee al! ~he certaln ~and
of u~f~ich fhe mortgagor is now seizec~ and in possessio~ situafe in $t. Lueie County.
F~ori~a. viz:
T'he N 1/2 of the NE 1/4 of the NE 1/4 LESS the
East 40 feet for road right-of way,
and-
T'he N8 1/4 of the NW 1/4 of the NE 1/4 LffiS the
West 60 feet and the North 39 feet, and the Westerly
5 acres,
all in Section 9, T. 35 S., R. 39 E., situate,
lying and be-i.ng in St. Lucie County, Florida,
being 28.30 acres in size as shown by survey ~
thereof; including all mineral rights apper-
~ ` taining to said land. ~
The mortgagee, by accepting this mortgage, agrees that
i releases of 5-acre tracts may be made on payment by the mortgagors
~ of $7,500.00 for each'S acres so released. AI1 5-acre parcels so
j released shall be contiguous, west to east. Principal payments
I made pursuant to the promissory note which this mortgage secures
' shall apply toward_payment of each $7,500.00 for the purpose of
~ mortgagor obtaini.ng said partial releases as provided for herein.
~ Also, all partial releases obtained pursuant to the tenus hereof i
by mortgagors from mortgagee shall be credited to the next payment
~ of principal due pursuant to the terms of the promissory note which
this mortgage secures.
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~ William J. Bosso ,~o~~z
~ 2428 Broadway
~ Riviera Beach, Florida
~.19 ~M~~~~'
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