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HomeMy WebLinkAbout1647 (i MO~TGAGE DEEO RAAICU ~ORM Rl i2 f~en Ce~pmo~~ow te Iwd~.~dvol l. , ( ST-26,013 ; 26'7'7'72 ; . / • . . h:x~uted thp 2nd day o/ _ November r~. n. ~y 73 E~y UNITED PARTNERS, III, INC. o corporation existing unc~er lhe ~aws o~ StSt@ of Florida , and haviny ils prirtcipa~ p~ace oj E~usiness at post Office Aox #1152, Fort Pierce, Florida 33450 hereina~le~ calle~ the morfgagor, fo CECIL E. PRESCOTT and VERNICE PRESCOTT, his Wife, and RECENEp ~3 'C INT ~N P M ~ whoOBPRTo~~~ SC~~.~ICHTER and HELGA SCHLICHTER, his Wife py~T T0 ~~R llglE P~' Ir. 1~, ~ ~ 1911. hereina~ter called the mo?fgagee: Q~J~ ~Q ~~rRAt . COURI, ST. IUCIE OU M (WAerever uxd Aeieia the terms "mortSa6w" and mor~gasee° include all ehe puties to tLis instrumeat aad tiu Acira, • IeR:I representatives and usiSm o( indiv~duals, and the wcccsson and assigns o( corporatioas; aad tbe term "aote" indudn all tl~e twtca ~crein dacribed it more tha~ oat. ) i W~ll`~Se~~ fhn! )or good nnd ualuable considerntions, ancl also in ronsideration oj the agc~re- gate sum nnme~ in the promissory note of e~en c~ate ~~erewifh, hereina~fer d~s~ri6pd, the mortgagor here- 6y grants. 6argains, sel~s, aliens, remises, conveys and con~irms un~o tf~~ mortgngee all the certain land o~ whic~ the mortgagor is nou~ seizec~ and in possession situate in St. Lueie County, t'lorida, viz: The North 100 feet of the followin~ described property situate in ~ St. Lucie County, Florida, to-wit: l~ ~ ~From the Southeasz corner of Section 22, Township 36 South, RanRe 40 East run North on East section line 2,385.78 feet, thence ~Test to South section line 1,135.81 feet to point of beginning; thence continue Kest 350 feet to East riRht-of-way of U.S. RiRhway No. 1, thence run Northwesterly alonR right-of-~way 615 feet; thence East to North Section line 350 feet; thence Southeasterly to East riRht-of-way of U.S. RiRhwaq No. 1, 614.90 feet to point of beginning. , ~ also described as ~ ~ A parcel of land lying easterlq of and adjacent to the easterly right-of-way ~ ; of State Road No. S, (O.S. Highway No. 1) in the Southeast Quarter (SF~t) and Northeast Quarter (NE'~) of Section 22, Township 36 South, RanRe 40 East f ~St. Lucie Countq, Florida, more particularlq described as follows, to-wit: f ~ Commence at the Southeast corner of said Section 22, thence run Northerlq ; along the East line of said Section 22-, a distance of 2385.78 feet to a ~ point; thence Westerly along a line that is 2385.78 feet North of and parallel ~ to the Southerly line of said Section 22 a distance of 1135.81 feet to the ~ point of beginninR of the parcel of land hereinafter to be described, said point bein~ 350 feet Fast of as measured along last described course from the ~ proposed F.asterly right-of-way line of said State Road No. 5(the proposed ~ ri~ht-of-waq being 78 feet East of, measured at riRht angles to, the original ~ center-line); thence continue Weaterly on the last described course a distance ~ of 350 feet to the F.asterlq right-of-Way line of State Road No. S; thence ~ run Northaesterlq along the Easterly riRht-of-way of said State Road No. 5 ; a distance of 615.0 feet to a point; thence run easterly parallel to the ~ Northerly line of said Section 22, a distance of 350 feet to a point; thence a run Southeasterly parallel to the F.asterlq riRht-of-waq of said State Road ~ ~ No. S, a distance of 614.90 feet to the point of beqinning. The above description is based on the wideninq on the East side of said - road right-of-way to a total distance of 78 feet from the ori~inal center ~ line of said State Road No. 5. Also it is based on a survey made bq Charles B. McAdam and recorded in Deed Book 231, at pagea 530-532 on September 26th, 1957, in the Public Records of St. Lucie County, Florida. TNIS IS A PURCHASE MONEY MORTGAGF., the MortgaRees aRree to subordinate the - lien of this mortgaRe to a first mort~age by a lender for the construction of a - ?ackaRe Store and Loun~;e. I , -~:T F; p • . - . ,~,r ~ - - _ M~_ Clifford ; AL'.~ ll ~ :c (1 : t C':~~ ~ ~ . _i.. $O~~ 2G5 5. ~,.v ST. F RI" F~ . . .:DA '~7.7 ~a ~ _ . . i - _ _ . _ . ~ ~ . . " ~ . _