HomeMy WebLinkAbout2882 ~ORTOAOE O[EO 26431~AMG0 /ORM R<•
~oNS ro~r
/ ~ ~
~ F.'Xecuted ~hR day o/ ~y A. D. 1973 6y
` NILS R. LeSTRANC~
~
hereinaf ter ca~~ed Ihe mortgagor, to
WILLIAM W. CBSFl,•joined by his wife, ADELE CSSA
hereinajler called the mortgagee:
(Where.Yr uxd berein the teron mor a~or ud "nwtsasee" ixlude ~11 ths partin to tli~ i~ctr~e~t a~d ~Ye ?ein=
k~tal reprexautivea a~d a~
+'~ea ~o~f ~'udi~riduab. ud tAe mcce+~aa aed ~riR~s oI tar~~ows; ud t6e eers ••wte•
iacludes aLL tse mtn bereia dacri6cd i[ mre t~ta oae. ) - _ _
that jor good nnd ualua6le eonsiderations, und also in considerntion o/ tke aggre-
gafe sum named in lhe promiuory note oj even date he?ewith, hereinaf
ter descri6ed, fhe mortgago? kero-
by grants, bargains, sells, aliena, remises, conveys and con jirms unto the morfgagee aIl t6e certntn land
of which the mortgagor is now seized and in possession sifuafe in St. LL1C1@ Counfp.
Florida, ~iz:
The S,~ of the NS ~ of the SW E~
{ of the S$ ~ of the SW ~(less and exacting
their from West 250 feet) of Section 13,
Township 35, South Range 39 East, exacting
there from right-of-way for public road
and drainage canal, containing 32-~ acres
more or less
Subject to taxes for the year 1973 and
I all subsequent years.
~
Subject to easements, restrictions and
reservations of record. ~
, Mortgagee agrees to issue partial releases of ~
~ I this Mortgage on the subject property, comanencing at either
~ ~ ~ end of the length of the property and proceeding contin-
~ uously toward the other end, the initial end to be at the
~ option of the Mortgagor, on payment by Mortgagor to this
~ ~ Mortgagee of 12596 per acre, of the per acre purchase price;
~ to wit, $3,500.00. For example, at such time as Mortgagor
~ ~ pays to Mortgagee the sum of $4,375.00 applied to principal,
~ Mortgagee shall be obligated to release one (1~ acre of land
~ from this Mortgage. Each payment of $4,375.00 shall entitle
Mortgagor to a release of one (1) acre of land. Said re-
~ lease may be requested by Mortgagor at any time after the
~ j~ payment by Mortgagor to Mortgagee, whether said payment be
~ ~ in accordance with the terms and conditions of the Note,
~ f or special payment.
~
~ 1I
~ v° STA~E oF FLORf~A 0
~ DOC__ UMENTAR .:-.y~•~TaM~
~ A? I % ~ ~
~ pEpT,
pi REVENUE . j
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~ sooK 218 P~cE 2$19 -
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