HomeMy WebLinkAbout0840 ~ MOATQAOt ~EED ~
~oNO rowy RAMGO FORM RE6
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Fxecuted t~P 30th day oJ June A. D. l97 s by ~
LESLIE A. BASS, a singte adutt
~ hereinaJter call~ flie morfgaQor, to
RUBIE BASS a~l MARY MARGARET BASS, his wife ~
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h~rei?~aJfer rallecl fl~e morlgagee:
IN'here~•er used 6enia tAe terun ''mortsaaot•• uc~ •.mortaaRK" includr aU tbe parties to tAis imuumeat and the Stin.
~ ktal reprcaenuti.ea and assisns ot i~diridwh, a~d tsc wccessnri and atism uf capowtiws: aad tAc tera? "note"
inrludes all the eutes Ae~tin dncriDed if aore dus one_) ;
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~~~~e~~ t{~at for good a~td t~olua6le rnnsiderations, and also in coRSideralio~ o~ the aggre- x
gafe sum nam~~ in f{ee promissory note o~ even dale herewith. {~ereinajfer c~escribed, Ihe mortgagor ~ere- ~
' by pmnls. 6nr~ains, sells, aliens, remises, conueys nnd co~~irms unto Ihe moHgagee all ti~e certain land
o~ which ftie mortgaflor is now seizec~ anc~ in possession siftwle in S~. Lucie L`ounty,
Flori~rla. viz:
Lots 2 Block K of the Revise~i ~lat of ALAMANDA VISTA
SUBDIVISION as per plat thereuC on file in plat book 7
at page 44 of the pubiic records of St, Lucie County, #
~ Florida.
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~ This is a seconci morEgage -~s to the above described ~
~F f+ ~1~;~ `t; real property. Subordir~ate to that certain mortgage ?
_ 5 7~ recarded in Official Record Book 211, page 25-32,
^~~L ' ~ Public Records of St. Lucie County, Flarida.
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This a first mor±gage ~s to the fotlowing: `
That ~er;ain business knawn as the Bass Grocery Store
locate~i at ~O1? Avenue Fort Pierce, Florida, including
' the good will of said business and aIl of the {urniture, ?
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~ i furnishings, fi~ures, equ:pment, goods, wares and '
~ - merchandise of said bus inesa located at the zb~ve y~
` ~lescribed address.
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,i The mor:gagor sha!t have tne urivilege in the normal
operation of the busine~s to sell goods, wares and
merchandise encumber ed by this morEgag e, ho~vever
the mor`gagnr shaZi at all times maintain an inventory -
of goods, wares and rn rchandise, value~i z~ teast ;
~ Four Thousan3 Dollars ($4000.00) on a cost basis. ~
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j~ The goods, wares anc~ merchandise for s ale located in
; in the store building at any time shall be encumbered '
~ i~ by the mortgage and t'~e mortgagees shall have the
i privilege 3t any time to go on the premises of the
~ bu~iness and take inventory uf goods, wares and
~ merchandi.se for resa?e to see if the mortgagor is
complying ~vith ttie terms of the mortgage. :
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STATE o~
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