HomeMy WebLinkAbout0401 . ~
1
~ ~ 2~9'73
i~b ~~c"'°~P~~~' ,r`!
~E~
~ ~g~~. ~
,r \1R ~1,~j1. "
t sr ~`~.;~C FV~
~ ~„~R ~0 : ° ~ _ ~~WE •
C\~q,`i C~'~~~.
~
THIS MORTGAGE DEED executed the ~day of November,
1973, by LUCILLE V. COSTA, hereinafter called the Mortgagor, to
NE~9 JERSEY~REALTY MORTGAGE COr1PANY, a New Jersey corporation hav-
~ ing its principal place of business in Newark, Essex County, New
Jersey, hereafter called Mortgagee; '
WITNESSETH: That for divers good and valuable considera-
tions, and also in consideration of the aggregate sum named in
the promissory note of even date herewith, hereinafter described,
the said Mortgag~r da+~s ~~ant, bar~ain, se31, alien, r~mise;
release, convey and confirm unto the said Mortgagee, its successors
and assigns, in fee simple, all that certain land of which the
said Mortgagor, is now seized and possessed and in actual pos-
session, situate in St. Lucie County, Florida, described as
follows:
Lot 1 in Block 7 and the East 10 feet of vacated alley lying
~9esterly of and adjacent thereto. CORAL COVE BEACN SECTION ONE,
according to the Plat thereof, recorded in Plat Book 11, Pages
30A and 308, public records, St.Lucie County, Florida.
The Mortgagee agrees to release from the lien of this mortgage
each of~the seven respective units in the project being construc-
ted upon said premises upon payment of the sum of Thirty-three
Thousand Three Hundred Thirty-Three Dollars ($33,333.00) of
principal on account of each such unit which sum shall be
applied to.reduction of the principal sum advanced under this
mortgage until all sums advanced together with i~nterest thereon -
have been paid,in full whereupon Mortgagee will satisfy this
mortgage.
Together with all and singular the ways, easements, riparian
and other rights, tenements, hereditaments and appurtenances there-
;unto belonging or in anywise appertaining, and the rents, issues,
and profits thereof, and also all the estate, right,title, interest
and all claim and demand whatsoever, as well in law as in equity,
of the said Mortgagor in and to the same, and.every part and
parcel thereof, witi~the appurtenances, and also all buildings,
structures and other improvements and all fixtures now on said
land or that may hereafter be erected or placed thereon.
TO HAVE AND TO HOLD the above granted and de'scribed premises
unto the said Mortgagee and its successors and assigns forever.
PROVIDED ALti1AYS, and these presents are on this express
condition, that if the said Mortgagor or her heirs, legal representa-
tives or assigns shall well and truly pay unto the r!orgagee, or
9C~A FAGE ~O~