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HomeMy WebLinkAbout0124 lI f..rm tOR FlonJa \tORTGAC.[ n[[n ~ ~(-~o TN16 INSTRLMENT PREPARLD /Y % Fr`t V CNARLFS R P f~<i~~~YN ~ • - r.0. BOX 1416 • ~ut S ~TN !T. executive ~ille 'Q1lT PIERGE, fl.OhIDA 334~0 ~.y ~ O . ~ ~ ~ A N'~usver rrd Iwt~i~ tM ters~ .•sonfa~or» tad °rsortt~' iselud~ ~11 t?? put{s lo tAi~ ~aNrr~l an~ tM Min. kpl eeprr~aau~w a~d ~ipr ol iad~ndu~l~ u~d ~Ae ~ucce~oe~ ud ~ d corpontio+r: ~~d t?e ters ' aotc" - iaiuds ~Y tM aaa ?ere~a d~rrib~d il mor~ tlrs oae. R Aetcvtr urrd tAe dn~ular aumbr sAall iselude tM plural and lM plural the ~ia~ulu. ~nd tAe u~e d~ny ~rnd~r aAal~ iewludr all ~ndrra.~ F:r~~~r~ t~d t h P J ~ f November D, 1,9 7 2 , bi~ WILLIAM A. THOMAS, as Trustee, hi~r~>i?tuJ7~~r ~al/~d lltE~ .llort~a6~~r. ~o DEWEY WILCOX and MOLLIE WILCOX, ~ his wife, ~ ~ lrPr~ii~~ifl~~r ~allP~l tlt~ .1l~~rt~a~eP. - ~ ~ ~ • I ~ItI~PS~Qf~, that for c~irers ~oo~ and ralrcaLle consi~leratio~rs, anc~ also i.n I consi~lern.tio~a of tltt~ a~~,'gre~ate sr~.~n nan~ccl ti~ tlt~ /,rnnrtssoriJ not~ of rt~~ir datte jeere- rr.i#h, herCiJtpffC)•c~PSCriLed, thesaid,~llort~a~or. ~ues nra~ef.I~nr~~iin., .cll, ~~llPU, re~nisP, rele~rse, catt~c~>> n.nd con~irni rcnto thc said ~~Iort~a~ee, i~t j'~~ siniplc, all tlra.t cPrtuin ~ trctct of lan~l, of u~hich tlre said ~1lort~a~sor is nozr sei~ecl u?id pos~r.sse~l, an~ in. a~tr~al j possession, sitt~ate i.n St. Lueie Cou~ctJ, Jlatc uf'1~'lori~lcc, described as follows: ; A parcel of land lying in Sections 16 and 17, Township 34 South, ~ Range 40 East, St. Lucie County, Florida, being more particularly j described as follows : From the Southwest corner of Section 16 , ` ~ Township 34 South, Range~40 East, run North along the section # ~C ~ line 445 feet to the point of beginning; thence run East parallel ` ~ to the South line of said Section 16, 1752 feet more or less to N the Indian River; thence run Northwesterly meandering the river ~ 2937 feet more or less to a point 500.12 feet as measured along Z~~~'^~ the river Southerly of the South line of a 75-foot right of way for Michigan Street, as shown on the plat of Indrio, Unit l, as W°` recorded in Plat Book 5, page 42; thence run South 60°52'40" + ~ 3~~ West parallel with Michigan Street a distance of 2177 feet more ~ o= l e s s t o t h e E a s t l i n e o f t h e 1 0 0- f o o t r i g h t o f w a y f o r t h e = H~° Florida East Coast Railroad, said _point being 500 feet South- " easterly from the South line of said Michigan Street as measured ~ along the Florida East Coast Railroad right of way; thence run ~ a Southeasterly along said right of way line 1622 .5 feet; thence ~ run North 60°52'40" East parallel with Michigan Street 385.58 ~ feet to the East line of Section 17, Township 34 South, Range 40 = East; thence run South along the section line 664.2 feet to the ~ point of beginning. ~ ~ ~ THIS IS A PURCHASE MONEY MORTGAGE ~ Upon request of Mortgagor and payment to Mortgagees at the rate of ~ $3,000 per acre for each parcel released, Mortgagor shall be entitled to releases of contiguous parcels of 300 feet wide from the Western Boundary of mortgaged property to the Indian River, beginning at the South line of the mortgaged property and proceeding North in successive releases. Annual principal payments made on the Mortgage are cummulativ ~ toward releases, but releases-need not be requested at the time these ~ payments are made; all prepayments for releases shall apply to the next ~ regular annual payment due on the Mortgage.. ; ~ ~11 ~MUC Mt1~1 ~~pj~1 the same, to~ether with, the tenements, jiereditca- ~ ments and apprcrtenances, unto th~ sai~ JKort~sa~ee in fee simple. ~ ' .~tt~1 said .hfort~a~'or does covenant with said .~lort~'a~ee that said JKortgagtrr ~ is indefeasibly seized of said land in fee simple; that the said ,~tortg'a~or has fi,~tl ~ ' power and lawful ri~ht to convey said land i.n fee simple as aforesacid; that it shall~be ~ ~lawful for said .Mortgagee at all times peaeeably and qtcietly to enter upon, hold, ~ oeeupy and enjoy said l,cend; that said land i-s free freni all inercmbranees; that, said ~ Jtlortga~nr u~ill m.ake suc/e further asstcrances to perject the fee simple title to said ~ land in said .Mort~a~ee as may rea.sonably be reqccired; and th.at said ,1~lort~cz~sor ~ does her.eby fully warrant tice title to sctid lacnd and will defend fJr~ s~me ag'a-inst th.e ~ lawful claim.s of all per~ons whomsoever. ~ ~ 1' MIDSTATE LEGAL SUPPLV COMPANr ~4~~ ~+d(~E ~~4 I ~ ; , ~ ~r _ . _ _ - T, x 6~.`•~.x-' i ~•'x~~.~:'~~ -.~.~-~_....~K 'V`.Tt. ~ _.,.a ~ _ . ~~~~V`~i'_.~'~