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250626 J-ss~
r~s YoRrowcss Ds~, maa. aoa wcuc.a 15th ~ o~ March ~ 19~..
ar.._ A,~.UA RABELLA.,;1, TNC.~,a.~.Florida cor ~ra.tton.._......._....._......_..._...~.~.~.._.._.._..
hereinaiter called the ~[ortgaror. wbicL term shall include t~s hdra. legal represeatatlves, succeason and assign~
ot tt?~ Wd Hortga,~or wherevee th~ context so requirea os ~dmits,
JENSEN BF~CH_BANK~ a Florida. bankin~:or.poration .
hsrelnafter called We Mostga~es. whicD term shW include the heir~„ legai repreaentativee~ auccessora and assigrss
ot We aald Mortgsges wher+sver the context so requlres or admits.
WTPI~FS9b'PH: That for dlvers good and valuabb oonsideratlons. and also iR considention oi the aggra•
~ste sum named in the promissory aots of sven dste herearith hareinafter described. tha ~aid Hortgagor doe~
- hereby ~ran~ bargs~n. seD. alfr.a. temise. selea~e. convey and conttran unto the said ]~ortgsgee. his heirs, auc~essors
and wi~as. atl the certain plece..... psroel... or tract_.. o! W?d. oi which the said Mort~agor is noa saired and
possessed and in actual po,sseaaioa. situate in the County oL_.~~._
~Le. .and State o! Plorlda, dacslDed
ss follows:
Lots 8, 9, 10, ll and 12, Block WINDMILL VILLAGE BY THE SEA., ~
Unit 2, accordinq to the plat thereof recorded in Plat Book I6, Pa.ge 3i,
St„ Lucie County, Florida, public records.
It is contemplated that ten (10) living units (5 duplexesy of approximat,el.y
equal value will be constructed. -
Adva,nces under this mortgage will be made in accordance with the con-
struction loan agreement only when ea.ch parcel is released from the
existing mortqage to F~rst Ba.nk and Trust Company of Boca Raton, tro
which this mortrgage is inferior, Livinq units will be relea.sed from this
morbgaqe at the ra.te of $20, 000.00 per livinq unit~
~
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RE~CEIVED ~ `S IN PAYMEtti bf 7~ES 7 S n'
OUE Otl CIASS 'C INTMIGtBIE PE2SOI~tL PRO?F.~iY~
pURSUANi TO CWWTER 71-13t. 11CTS OF 1911. ~~c (t i5 t~~.r?.~- p.~d ~.~t...eert t!~e pertie5 to this ?`i^'f~~cin 'f•.~t
R06ER PORRIIS .
CtERK C(Rq11T COURT, ST. UICIE 00, Fl~, in , .:c t•_ ;.i ~^~::~t: U o~_.~ in ±~:is
. . . ~ _ , . : , . • . _ 'd L~e ~rrr:,~ _ -,y
tl'.. . . .-;.,r; ` ~r -
r', ( . . _ . - - = . C'~ . _
- . . . . , ~ r~~:.. , r,~-...:d
_ n ch 8 ~ 'r.
il'.c ' . ' , . ..~7 ~i~_'~3(C~ ~y `~r~, ~ _ , . _ . ' ~ . . . ~71 _l...l+.'~ .
~ .~V~:1~`i r"f,'_'~~I~ f j, j'.,•.or;~~y t- . _ . 'f~- ' . ~ " _ ' _ ' _ :(?°~l C^C~ 1!1 ~ :T .
- + ~ ~~,^.n,'Nlt.^.OUf ;'Git~B~
F. , •,~t'~:t 810~.. - _ ,aict~~y nn~
~ -ll'. 1
~:r~~ t ?3~`?_t . . ~~_.,rn~ .:.,,..,.nd ~~yob~e ond
- -ur~. ~ . ~ , . f_ ~_e
~~31d ::Use .:!i~ js`.li~ iCj.~.y° S~lQlj t~ 1!1 1~Ci4Uit.
! Tp FIAVE AND TO HOLD tt~e same. together with all and singular the tenemenL, hereditamenb and ap.
~ purtensncea thereunto belonging or in anywiae sppertaining aad tLe reverstoa and reversiot~s, remainder aad
~ nmatnders. rents, isaues and proflts thereo! and aleo sll the estare, s1gh~ at~a fnceres~ P~P~7. Po~+~~.
~ daim and demand whataoevu aa~well ia law ea in equity of ths said ldortgagor fn and to tbe same aad every part
i
~ and parcel thereot unto the ~aid ldortgagee, and his heira. auccesson and aaaigne, in fee aimpla
~ And esid Hortgagor, tor hlmaelt, aad his heirs. legal npresentstives. succeseon and assigas, henby covraor
~ anta wfth aaid Mortgagea his beirs, legal representaUvea, sucoessors and aasigas. thst sald Mortgagoz b inda
! teasibiy seiud of aaid lsnd in fee simple; that the said Hortgagor has full power aad lawNl sfght to convey ths
~ same in fee simpte sa atonsaid; thst it shall be lawful for said Mortaages. b1s heirs, legat repre~ntatives. suo-
~ ceasors and assigne. at all Limes peaceably sad qufetly to enter upon, hold. oocupy end en~oy safd land and ever~
E psrt thereof: that ~aid land is trre trum a11 incumDrance~: thst aaid l~iortgagor, hls heirs, legal representstlves, ~
successora and assigna, wUl make such turther as+urancea to pertect ths fee simple tltls to said laud in said
i
~ Mortgagee, his heirs. legal npresentattves. successors and asstgns, ae m~y reasonably ba required: and t1?at aaid
~ .
~ ytortgagor does hereby fuUy warraut the tltle to sald 1lnd a:?d every part thereoi aud ~?W defend tl~e same against
~ Lhe IaK-[ul claima of a11 persona whomaoever.
i PAOVIDED ALWAYS, That !f eald Hortgagor ahall psy unto t2~s ~aid l~ortgage~ the oartafn promf~sor~
~
? note, ot which the foDowfng ta words aad llaurn b a trus copy, to-arit:
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