HomeMy WebLinkAbout0374 MOtTGAGE OEEO % RAMGO FORM RE~2
i~H GrNratiN H iwdi.~rwl A
258400
~ ~ ~
Exec~,ted the 6ttt day oJ July , A. n. ~q73 6y
SUNFLOWER GROVES, INC.
a corporation exisling under the jaws o/ Florida , ancl hauing its principa~ p~ace o~
6usiness, a~ 1313 Midway Road, Fort Pierce, Florida
hereina~le~ ca~~ the mortgagor, !o
FIRST NATIOiNAL BANK OF FORT PIERCE, a corporation existing
und r~~ics of Florida, and having its principal place of
us ~ness at 300 South 6th Street, Fort Pierce, Florida
{~ereinnfte~ ca ~ the mortgngee:
(Whcreve~ wed herein t~e te~s "mortEz~o~" and moreRaEee•• include all the partiei to e6is lNl(YmCAI and the be~n,
kt[al KP(qt11lit1Mlf and anism ot iodividuals. and tbe ~ucussors and auiRro ot corporauons; and the term "note••
iacluda ~11 tbe notes 6crcio deacriAcd it more tAan one. )
~~LIL~,se~~ that jor good und unlua6le considerutions, and also in consic~eraiion oj the aggre-
' gate sum named in the promissory note o( euen clate herewith, hereinaJter descri6ed, ff~e mortgagor kere-
6y grarets, bargains, sel~s, aliens, remises, conveys and con~irms unto lhe mortgagee nll tl~e certain land
oj which f{~e mortgagor is now seized and in possession situate in St. Lueie Counly,
Florida, viz: '
Parcel 1: The West ~ of the NE'~ of Section 18, Township 36
South, Range 39 East.
Parcel 2: SE~ of SW'~ of NW~; SW~ of SE'~ of NW~; NE'~ of NW'~
of SW~ and NW~ of NE~ of SW~, Section 20, Township
35 South, Range 40 East, excepting, however, land
described as follows:
Commencing at the NW corner of SE~ of SW'~ of NW~
of Section 20, Township 35 South, Range 40 East;
run thence South along the West line of said SE~ _
'i of SW~ of NW~ to the North line of Drainage Cana1
; ~8; thence East along said North right-of-way line
E of Drainage Canai ~~8, 29 feet; thence in a North-
~ easterly direction to a point on the North line of
~ said SE~ of SW~ of NW~, which point is 48 feet East
~ of the point of beginning; thence West to point
of beginning, said to contain 3/4 of one acre, all
being located within the SE'~ of SW~ of NW~ of Sec-
tion 20, Township 35 South, Range 40 East, also .
~ excepting right-of-way for Drainage Canal ~~8, and
' right of way for Kirby Loop Road on East side of
said property.
, THIS IS A FIRST MORTGAGE.
~ This mortgage shall also secure the payment of any future advances
~ '
or loans that may be made by the mortgagee to the mortgagor at any
~ time within ten years hereafter even though no indebtedness is
~ outstanding hereumder, prwided that the maximum principal amount
of monies so secured shall not exceed $50,000.00 at any one time,
- and provided further that such advances or loans shall be evidenced
~V by separate written instruments to invoke the terms hereof.
F~': ~
~ ~ w
/ ~
~i ~ ?M~,~ ~~~A
~ •
~ ~ ~ ~ ~r~
n-t~+t. ~S o~ ~s7~.~f!/
rues~j ~ p~rMs
~ ~ sr. wc~ oo- cu
~ ~
~ ~~~K~~.6 v~~E 3?4
~
4 - ~
~ _ ~ ' y~
F.i- ~
~t~-~3jY',~.~ z.r.,_. s , ~ , _ , -.x . _ . . 1 a ~"?>`+~".la`:~