HomeMy WebLinkAbout0237 < <
ti~soss
7'tUS \(OR1'GAGE UEkI), madc aud execu~ed the _28th ~ay o~ SePtembeY' ~ 73
by _ SCHI~NDELMEIER DEVELOPMENT CORP a Wisconsin Corpora tion
hereinaftes called the lfortqagor. t~hich term shall includs the heirs, legal representati~•es, successon and assigns o[ the said
1liortgagor whererer d~e context so requires or admits.
M. & W. LAND, INC., a Tennessee Corporation authorized to
co _ . - _ .
do business in the State of Florida
hereinafter callecl the ~lortgagee, which term shall indude the heirs. Iegal representati~•es, successors and assigns of the said
1ltortgagee wherever the context so reyuires or admits
• WITNESSETH: That for divcrs good and ~•aluable considerations, a~id alsa in consideration o[ the aggregate sum
named in the ptomissor~ ~iote of e~•en date herewith hereinatter describecf, t1~e said ~tortgagor does hereby grant, bargai~,
sell, aliae, remise, release, cwivey and contirm unto the said \tor[gagee, his hein, successors and as'signs, all the ceruin
piece___. parcet, or tractJ. of land. of which said Mortgagor is now seized a~d possessed and in utual poasession. situate in
the Cowity oi St. LUC1(~_~___ aad State of Florida, described as follows:
Z'hat part of the North One-Half of Government Lot 5, Section 2,
Township 37 South, Range 41 East, lying East of the ce,nterline
of State Road A-1 A, less the right-of-way of State Road A-1-A
and less the South 250.68 feet thereof as measured along the
East right-of way line of said State Road A-1 A.
TOGETHER WITH all riparian and littoral rights thereunto appertaining.
SUBJECT TO an easement for ingress, egress and access over, across ~
and upon the northerly ten (10') feet thereof running from the
waters of the Atlantic Ocean on the East to the right-of-way of
State Road A-1-A on the West. This easement shall be for t2ie use
and benefit of the lands owned by Grantor in the North one-half (N'~)
of said Government Lot 5 Iying West of the centerline of State
_ Road ~-1 A .
SUBJECT TO restrictions, reservations, rights-of way and zoning
ordinances of public record.
~ ~ ~ q~ • ' IN PA~E~ ~ T~
THIS IS A PURCHASE MONEY FIRST MORTGAGE.
DtE Oll pJ1SS'C INTAN61Yl.E PERSQNAI. PROPfR~Y.
puR11Al1? TO C1iAP1ER ~1•134. ACi3 OF lYl •
PARTIAL RELEASE CLAUSES : R06ER P017RAS
~LERK CIRWIT fA11RT, ST. LUCIE OU, FUl
l. T'he Mortgagee will make, execute and deZiver partial releases to
the Mortgagor, its successors or assigns, upon payment by the
Mortgagor, its successors or assigns, of the sum of Two Thousand
($2,000.00) Dollars per front foot (as ineasured along the Atlantic
CONTINUED ON Page 1A ATTACHED HERETO AND MADE A PART HEREOF
~ To NAVE A\D TO HOLD ehe same, together hith all and singalar the tenements, hereditaments and appurtei:ances
; thereunto bclonging or in an~~ise appertaining and [he reversion and reversions, remainder and remainders, renu, issues
a~id proEiu thereof and also all the estace, right, title, intcrest, proper[~, possession, daim and demand whatsoe~~er as well in
laH• as in equity of the said ~lortgagor in and to che same and every part and parcel thereof unto the said ~tortgagee, and
his heirs, succes~ors and assigns, in fee simple.
` And said ~tortgagor, for himsel(, and his heirs. Iep,al representati~-es, successon aod assigns, hereb} cocenants with said
; Atortgagee, t~is heirs, legal representatice~, successors and aui~ns, that said \(ort~;agor is indefeasibly seizecl of said land in
€ fee simple; that the said \IortRagor has iull poNer aucl law(ul ri~ht to con~~e}~ the s:.mc in fee simple a: atore~aid: that it
shall be lawtul for said i[ortgagee, his heirs, legal representati~~es, successors and assigus, at all tim~s peaceably and quieti~•
to enter upon, hold, occupy aud enjoy said land and e~•ery pare thereof; that said land is [ree [rum all incumbrances: that
said \tortgagor, his hein, legal representati~•es. suaessors and assigns, ill make such [urther assurances to per[ect the fee
simple title to said land in said ~fortgagee, his hein, legal represrntacives, successors and assig?TS, as ma~~ reasoliably be re-
! quireci; and that said ~tortgagor does hereby fully wartant the title to said land and e~•ery part thereof a»d will de[end the
same against the Ia~r•[ul claims of ail persons whoa~soever.
PROVIDED ALWAYS. That if said ~tortgagor shall pay unto the said \[ortgagee the certain Promissory note, of K•hich
the [ollowing in Mords and figures is a true copy, to-w~t:
Thft frufrunent Prepored bY
EVMJS CiL4RY, JR.
HE~AAAN ANO GRARY, PJ~., A?TORNEYS
E 2Qi First Natiorw! Bonk El;,q.
` STU/1RT, FLORID/~ 33a94
~ eo~ 222 P,~E 237
: -
_ _
-
-
. ~ ~ . - ;
. ~~r_