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Home My WebLink About1720 MORTOAOt DEEO ~ RAMCV FORM pE6 ~ ~oMa ?o~r ; ? . 238500 ~ i~ / ~ ~ ; ~ . I' ,i _ = I:C~u~M1 ~h~~ fs f; dpy oJ September A. n. i972 by _ = WILBUR S, TURNER, as Trustee _ _ . ~ J iI he?einaf ler calle~I flie mortgaf~or. lo ~ , ~ ~ li j~ SHELDON B. MILLER, As Trustee ~ « ~ ~ I~ hereinnfter called Ihe mortga~ee: ' (Nl~err~Yr used herein ~6e tcrvn •.mortSaROr•• and "mwt~asre" ioclude.all the puties to this imwmtst aad the 6ein, k~al reprex~nti.rs and auiRm of iadi~iduah. aad tLe success~xa and assitns o( corporatiom: a~d thr term "aote" I; includn all thc autn bereis descri6ed i( nwre t6aa ooe. ) I ; ~itnesseth~ that Jor good and i~alua6le rnnsiderations, and also in consideration o/ tke aggre- i gale sum named in Ihe promissory note o) even date herewith, bereina(ter clescribed, tl~e mortgagor here- ~ 6y grants, 6aryains, se!!s. a[iens, remises, conveys and conJirms unto the mortgagee all tl~e certain Iand i oJ wh«h the morlgn~or is now seized ancr in possession siluate in Saint Lucie County. ~ /'~ori~a. niz: ~ ~j Beginning at a point on the North line of the NW 4 of the SE~ of Section 27, I~ Township 35 South, Range 40 East, 125 feet easterly of the original centerline I of the 66 foot right of way of U. S. Highway No. 1 measured at right angles ( thereto and run thence Southerly along a line parallel to and Easterly 125 feet ~ from the original centerline of the 66 foot right of way of U. S. Highway No 1, ~ a distance of 851. 23 feet to a point; thence with a back angle of 91 degrees 57'30" xun Easterly to a point which is 1349. 5 feet West of the East line of i~ said Section 27, said point being on the West line of an easement from Hattie ii E. Chamberlian, widow, to the Board of County Commission of St. Lucie ~ County, Florida, dated August 2, 1935, recorded August 8, 1935 in Deed ~ Book 87, page 433 of the public records of St. Lucie County, Florida, as a j; drainage canal on the West 30 feet of the East 1349. 5 feet of the SE4 of Sectio 27, Township 35 South, Range 40 East; thence run Northerly along the West , ' line of said easement and parallel to the East line of said Section 27, a distan e i i of 851. 58 feet, more or less to the North boundary line of the NW 4 of the SE4 i' i of said Section 27, thence run Westerly along said North line to the Point of ~ ~ ~ Beginning. ~ E ' ~ k i LESS AND EX~EPTING therefrom the East 300 feet of the hereinbefore de- + scribed property. li 1? ~ #i THIS IS A PURCHASE MONEY MORTGAGE I I; ~ The Mortgagee agrees that he will upon request of the mortgagor ~i execute partial releases of this m ortgage on the following basis: 1; ; When there has been paid the principal sum of $67, 708.17p1us ; interest accrued to the date of such payment upon the note sea~red by this ! mbrtgage, there shall be released the West 200 feet of the East 500 feet of i~ the above c~escribed property. Upon the payment of each additional principal !i payment of $67, 708.17 plus interest accrued to the date of each such payment ~ i~ there shall be released an additional parcel 200 feet inwidth extending to the ' ~ ' North and South boundary lines. Each parcel released shall lie immediately : ~ Westerly of and be contiguous to the last parcel released hereunder. ~ ~ ~ , ; ' ~ i~ 7.b8_ in ~~r o~ ~aa ~ ~ . ~7 ~ ~ ouE on a~ss ~ art~ , ~ Tp p1ApTER I1-131. AiCiS Of ~y11. ~ R06ER POIiRJLg ; ~ q,Epll CINGIIT OOURT. Sf. WCIE W.. ~ ; : ~ ~ • c 80~K ~O~ ~AGE ~ 1717' ~ - ~ - = r = _ . Y-.. = r ~ .