HomeMy WebLinkAbout1069 MORTOAO[ D[[O , RAMCO FORM R[~8
TO C011M11ATIOM ~110M INOIVIOYAL
238~55 `
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~x~u~pd ehe 13th doy o( September A. D. ~9 ~26y
PAUL H. DESBOROUGH and DONNA DESBOROUGH, his wife,
~ hereina~ter called the mo~tgagor, to FIRST NATIONAL BANK OF FORT PIERCE
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~ a corporafion existing unc~er fhe ~aws o~ the State oJ Florida . wilti its pernwnenf posto(fice
~ ndd~ess a~ 300 South Sixth Street, Fort Pierce, Florida, 33450 ~ ;
~ereinaf ter caUed the mortgagee:
(wbc.eve~ mea eerei. tLe a.m~ ~.or ..a •'sorta.see" iaclYae au the p~rtie, w t4i. :muusr.t ..a t?e ?ei...
ar
kRal repreaeauaves aod ~r~m ~d~ ~i.div~ aed t6e wcce~+ors a.d•a~ism d cwpor•dom: ud J~e ura ~•~ote••
iocludes all tbe aotd herci~ .descnbcd il owe t~aa oee.)
~`t~u~~ that f
or good and vnlua6le considerations, nnd also in conside~ntion o/ the ng~re-
gale sum nomed~ in Ihe promissory note o) e~en dnte herewitl~, hereina)te~ des~6~d, t1~e mortgagor here-
6y gmnts, bargains, sells, aliens, remises, oonveys and con~irms unto tke moHgagee nll tl~e ce?tnin lnnd
o) whicl~ 11~e mortgngor is now aeized artc~ in possession situale in St. Lucie County.
Florida, viz:
Commencing at a point 25 feet South of the NE corner
of the W 1/2 of the NE 1/4 of the NW 1/4 of the SE 1/4
. of Section 20, Township 35 South, Range 40 East, run
thence South 192.8 feet to the North boundary line of
, the Irvin and Mayme Harvey property, thence run West
along the North boundary line of the said Harvey
property 200 feet to a point on the East boundary
line of the M. R. and Katie Melton property, thence
run North along the East boundary line of the Melton
property 193 feet to the South boundary of the road
known as Cortez Boulevard, thence run East 200 feet
more or less, to the point of beginning.
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Thie mortqaqe shafl a1e~ geciire tl:e paymeiit oi any futnre ~
advaacas ar (vans ihat ie~v be sna :e by ihe Mottgayee to iy
4 tlte Mortgagcr at atiy titn~ vsitliin tan yeais hereatter even
~ thou~}h i~3~-_'Y=+~~-i...~., c~:.. ha:-:~ndar. provid~d ~
that :'tz+~ ~zia~i:a:s~ p:iiici~ai ~~o~.~:.t :,i rr,;.:?i~;~ so ~ecurc~d
s;~ail u:: excae:i ~S oo~ ~,r any c.~nE time, and ~
prQVideca iurther that such advances or lolus shall b• j
evidenced by separate wiitt~n lAStruments to invoke th~ ;
teru~a heraaf. ~
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