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Home My WebLink About1184 . ' ~ 242364 TNIS INDENtURE. Made the ~7th day of NOVP~IIbp~' A.D. 1972 „ between Robert G. Ellison and Tamara E~lison, his w~;fe ~ • of St . Luc ie County Fiw~da, here~nafter desgnared as the "MORTGAGOR." and FIRST FEDERAt SAVINGS AND IOAN AS3pCIAT10N Of FORT PIERCE, a corporation organized and ex~st~ng under the laws of the Un~ted Stat~s of America and haviag its principal piace of b~s~ness in thtr City of Fon Pierce, 51. lutie County, Florida, hereinaf~er designated as the "MORTGAGEE: ' WHEREAS the MORTGAGOR is justly indebted to the MORiGAGEE in tl» sum of a 2g~~~~. , g~ snd lawful money of the Un:ted S~ates advanced by the MORTGAGEE ~nto the MORTGAGOR, as evidenced by a certain promisswy note of even date herewith, of wh~ch the following in S 28, oO~.~OQ a true copy, fo~wit: No 11~~DO1~J Fort Pie?ce, Flaida, November 1.7 ~q 72 For value received, 1, we or e~ther of us, p~om;se to pay, without defalcati~n, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORi PIFRCE at Fwt ?ierce, Florida, the sum of 2a~ ~~0.~__ wuh inr e t from date at the rate oi7 ~5 °o per annum, tn monthly instatl- ••=nts as fo~!ows: S_ 226• on the 1~~ day of January ~9 and a like sum on the cwrespcnd~ng day of each month there- arter un1i1 the w1:o1e be fully paid. Each i~stallment firat shail be appli~ in paymrnt of the interest and ~t~en on the unpaid batance of the princ~pa! sum. !f default is made in the ment of any instaUment when due, and such defauh conrinuea 30 days, then at ihe option of the holder, and without any other notice, aIl the remain~ng ,~srallments shall be due and payab:e at once. Privitege is given to prepay this note in whole or in parl at any time withovt penatty. Neither fwebeara~ce, ~~cr acceptance by the hotder thereof after any default in any payments hereon, shall be deemed extension. A late payment cfiarge of a 11' 30 shall be .~d;/_=d to each instalfinent remaininq unpa~d 7 days alter its due date, and a tike sum shall be addrd to each suth insealtment remaining unpaid 7 days after each succeedirtg payment date. Each maker, surety and endorser hereof, jaintly and severally, wa~ves demand, presentment protest and notice of protest for nonpaymeN, and ~unher ~~~ees to any extens~on of t~me of payment, either before o~ after maturify, without notice to any of us; and to pay all costs of collection, induding a :-~~sonable atrornzy's fze in the event oF any default hereunder, and hereby severally waives all benefit of homestead and exemption under the conslituteon ~ :~d laws of eath State of the Uni~zd $tates, as against this obG9ation w any extension pr renewal hereof. Witness the hand a~~d seat of each party. 1 Robert G. Ellison ~Aq .::.~~:CD ~ ~ (P;~G :N PAYMr11T Of ;~:':E~ (SEAI) ~ c~~ c~_~~: •c• ~~,~rcie~_E ?F ~~:::.u ~.•~~~;~r, s Tamara Ellison ~sEnu PURSl111NT TO CW1P=:4 71•134, ACTS OF ly)1, • $42 . ~0 ) $tate Revenue ROfER P0ITRAS ~f' tSEAI) ~'~~+1~'~~+~-'+~~~~.~ CLEt~( CIAqlIT OOURT, ST. LUCIE C0, FtJ~ l/ NO'JY, THEREFORE, the MORTGAGOR fw the purpose of secvring payment of said sum of = 28 ~ 000. 00 , and the performsnce of the cevenants and agreements hereinafrer exp~essed, and for divers good and valuable considerations, by these prese+~ts, does grant, bargain, selt, remise, :.~lease, convey and conf;rm unto the MORTGAGEE, its succe:wrs and assigns, all that certain lot, piece or parcel of land, situate, lying, and txing in the County of St . Luc ie and State of Fbrids, desvibed ~s follows: PARCBL 1 Stazt at the intersection of the center line of the Wtst tract of the F~C Railroad and the South line of Govern=ent Lot 1, Section 29, Yo~nship 36 South, Range 41 Bast; thenc~ zun 89° SS' Bast alonq said South line of Govern~ent Lot 1, a distance of 512.15 feet to a point; th~ce run North 00° OS' West a distance of 194.'76 fQet for a poiat of begin- ning; thencQ run North 89° 55` Bast to the centerline of Stste Road ~07, a distance of 142.06 feet; thence continue to sun North 89° 55' Bast to the westeYly shorQ of the ~ irxlian River, a distance of 78.1 feet, aore or less; thence meander Southerly along said ' westerly shose of the Indian Rivar a distance of 88.9 feet, aore or less; thence run South 89° 55' West to the aforesaid centerline of State Road 707, a distance of 75 feet ~ore or less; thence continue to run South 89° SS• West a distance of 180.06 feet; thence Yun North 00° OS' West a distance of 79.88 feet to the point of beginning. T'oGBTf[BR with all riparian Yights thereunto apperta3~.aing or belanging. SXCBP?ING ?HBRBRROM all rights of way fos State Road 70'J! and FB+C Railroad. 'I~OGS?NBR with an eas~ent, to use that certain roadway adjoi.ni~ng tbe Southezn Boundazy of the above described parcel for puYposes of ingxess and egress. PARC6L 2: Connence at a point on the West boundaxy line of Indian River and 1'75.56 eet North of the South line of Governaent Lot 1, Sectfoa 29, ?awnship 36 South, Range 41 Ba,st, and run West parallel to last said Governnent Lot 1 line 110 feet to the Bast right of way li.ne of Indian River Drive; thes~ee Northiresterly alor~g said right of way line of Indian Rivez Drive 93.02 feet; ther~ce Sast paxallel to said South line of Goverr~e~t Lot 1 a distance of 115 feet nore or less to the West boundary of Indian • River; the~ce Southeasterly aloag the West boundary of Indian River to point of begin- ning. Also coa~aence at a point on the West right of way line of Indian River Drive 175.56 feet Nozth of aforesaid South line of Govexnment Lot 1 and run West parallel to last said Lot line 200 feet; th~ce Northxestezly and pasallel to Indian River Drive 104.52 feet; thence 200 feet Bast and parallel to said South line ot' Governaent Lot 1 to the West right of way line af Indian RiverDrive; thence Southea?~Lerly along said right of way line 104.52 feet ta point of beginning, reserving to the grantors, his successors and assiqr?s, easmoeent for roads in and to the North 10 feet of said tract. Togethez with an easeaeat foY ingYess and egzess to a road 20 feet wfde exter~ding troo the Bast Yight of way line of the F. B. C, Railway to the Indian River and AL9D 1~OGB?HBR with all riparian rights thereunto appertainir~g or belonging, to and over the Bast 115 feet of said 20 foot Yoad. The above tract being a part of the folla~inq: Begin on the West bank af Indian River i'75.56 feet North of South lin~ of Governaent Lot 1, Section 29, Township 36 South, Range 4i Bast, thence South 89 30' West 3074.28 feet to West line of B~ of NB,~ of Section 30, ?owr:ship 36 South, Rar~ge 41 Bast, thence North 0° 15' West 180.84 feet; iheuce Nortb 89° 30* Ba,st 2983.20 feet to Indian Rive~r, thence Southea?sterly along the shore of Indian River to point of beginning, BXCBPTINGaR~ OR NfAY for F. B. C. Railway and publ ic Yoads. ~ Q~ : ~ : :1?t.; ~ , _ 3 ~ ~y ~ ~ ~ , ~ ~ ri~ ~ : ...~-~y~~~