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HomeMy WebLinkAbout2155 ~~~A~ O~ ~ O/ IIAMGO iORM RE3Z FrN C.~p~e~~iM 1~ INi~i~l ~ 258400 ~ '2`~96 ~ , / ~ ~ ~ ~ ~ Exe~t~d ehe 6th dQy oj July A. D. t473 6y SUNFLOiWER GROVES, INC. a corpo?ation existing under the ~ws o/ Florida , and 1~avirtg ils prtncipa~ place o( 6winesa at 1313 Midway Road, Fort Pierce, Florida hereina~te~ ca~~ t~e rnortgago~, to FIRST NATIOiNAL BANK OF FORT PIERCE, a corporation existing . und ~~s of Florida, and having its principal place of us }1ess at 300 South 6th Street, Fort Pierce, Florida hereina~ter cal~ the rnortgugee: (W6erever wed berei~ t6e terms ~•mor~a~or•• aad sortp~e~•• ieclude aU ~he puties w tLis imtruveet sad tie 6eirs. ks+~ KPraeeudves aed a~as d isd,r;duab, .wd rie ~uccwors and auisro ot corporatiow: aaf tbe urm ••aote•• ~adrda dl ~be ~otea Aercu described it more tAaa oae. ) ~~~11~JJ~~ . that f or gooc~ nnd ~al~6l~ considerations, ancl also in consic%ralion of the nggre- gnte sum nnmed in tke promissory note o~ euen date herewith. {~ereinnJter tlescri6etl, the mortgagor here- by grants, bnrguins, ae~~s, a~iens. remises, conueys and con(irms unto tl~e morlgugee ull fhe ce?tnin I~nd o~ w~ich !~e rnortgagor is now seized nnc~ in possession sifuate in $t. Lueie Counly, Florida, uiz: 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, hawever, land described as follows: Com~nencing 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~ of SW~ of NW~ to the North line of Drainage Canal ~~8; thence East along said North right-of-way line of Drainage Canal #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 Ki.rby Loop Road on East side of said property. (See SCHEDULE "A" for continuation) ; ~ ? THIS IS A FIRST MORTGAGE. I ` 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 a outstanding hereunder, pro~vided 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 by separate written instruments to invoke the terms hereof. THIS MORTGAGE IS RE-RECORDED TO ~ CORRECT THE LEGAL DESCRIPTION. ~ ~ ~ "~"~roa~. ~ ~ ~~e n.is~. ~s ~ f ' ~ ~n ~r. si. wc~ oo. ~ . i ~eo~ ~~.6 ~~cE 374 o R - boox z~fi ~~E ~15f ~ . _ ; : _ ,c. *y_,i.~, ~ ~ ~ k4..~wy. a ~ ~ 'ry . . i^?,~ ^,~'~`"~"s~.~L: