HomeMy WebLinkAbout0278 I YOATOAOE DE[O RAMGO IORM RE6
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F.x~~,~Mt ~hP 20th ,~Qy oJ November A. D. ~973 6y
SPENCER B. GILBERT, as Trustee,
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! hereinaJler called Ilie mortgapor, to ~~RLES E. MLTRPHY~ SI1 undivided OII@-half
i interest, and NANK KEENE, as Trustee, an undivided one-half interest
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! hereina(ter called the mortgagee:
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` (Nhere~er used 6erein the terms '•mortsaRor•• and "mortsasee" iactud~ all t6e puties to t6ia imwmeat and the ?e~+s,
j IeRa! repre+~nuti~es aad aa~i6ns ot indi~idual~. and tAt wccesx.rs and utiRns ot corpontio~+: and t?e tero ••sote••
i ic~cludes all tAe nute~ 6ereia dexribcd i( more t6an ooe.)
j~ ~itnesseth~ tha! jor goocl nnd vnlunble consideralions, and also in considerution of the aggre-.
, gatp sum namecl in fhe promissory nole of enen dale herewilh. {~ereinafter descri6ed, tl~e morlgagor ere-
1~ tiy grants, barf~ains, se~~s, a~iens, remises, conveys an~ con~irms unto Ihe mortgagee all i6e certnin ~and
o/ u~hich 1he mortyagor is riow se~ized and in possession situate in S t. Luc ie Counly.
f'~oric~a. t~iz:
i` .Lots 10, 11 and 12, Block 4, Section 1, Township 37 South, Range
40 East, as per plat ~~1 of ST. LUCIE GARDENS, as recorded in Plat
~j Book 1, page 35 of the public records of,St. Lucie County,
j; Florida, LESS road rights of way of public record.
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THIS IS A PURCHASE MONEY SECOND MORTGAGE.
~ PARTIAL RELEASES shall be given by the mortgagee to the mortgagor
in five acre increments upon the payment of $7,500.00 per acre.
The specific property to be released shall be at the discretion
; ~ of the mortgagor with it being expressly understood that the
~ last tract shall be the South one-half (S'~) o~ Lot 10.
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; The mortgagor shall not be personally liable in the event of
' ' foreclosure for any deficiency remaining after sale of the above
i described property, or any part thereof, and mortgagee shall look ~
~ only to the property herein for their security. ~
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~ ~ tN PAYM9R OF ~
~ ' D1~ ON G1~SS'C ~AN6IBLE PERSONAL PIIOPERIY,
~ p~~T Tp ~IMpfER 71-134. ACTS OF 1y/1. ~yll4 -
~ f1pGER PORRAS ~
CLER4 CtRG11T COllRt. ST. lilCtE 00, FIA ~
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