HomeMy WebLinkAbout1522 MORTGAOE OEED • 1 /
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~ 1:.t~~~~~~~u1 ~I~~~ 16th .I~y o( P
; JACK W. NEEDY, as. Trustee
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~i {~er~~in~(t~r c~llyd 11~~ mo~tc~a~~or. lo SIDNEY RIBAKOFF drid BERI3ICE RIBAKOFF,
wife, MURR~'?Y ROSEN and ELINOR ROSEN, his wife, and GEORGE SALEEBY,
I~ JR. and MAL SALEEBY, his wife
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li 'IPMIflIi~~Pf I~UII~~I tl~~ morfc~ag~~c~: ~
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Ii f~~her~.~r u~ed herriu t6e urms "w~wtaaR~~r" anc~ "m.~rtraqee" iocludr all the put~es to t6is inswmeet aod tht hein,
leral repre.entau~ea and uurm o( ind~~idual~. and Ihr ~uccc..nrs and a+u~as ui co~pwatiom: aod ~6e tt~m "note"
itrlu~le+ alI tAe ~wtn ~e~ein ~kticnbtd if mWe tAan une.)
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; ~fditnesseth~ ~~1U1 ~0I' 1~0~ li?Il~ 1'A~1lah~P CO?iS[(lPfa~lO11S, U?1(1 11~0 !fl CO?15t1lPIU~IOIt Of lhP A99~e-
quli• sum nam~~~ in I{ie promissory not~ oJ ei~en ~ate l1P~PlOIII~, ~~erei?ia(ter c~escribecr, t~ie mortgagor ~ere-
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by ~trants. 6argains, solls. ~liens, rnmis~s, coni~eys an~1 conJirms unto tlie mortgagee alI f{~e certnin Iand
" o~ ~ahic{~ f{~e morf~~a~~or is no~n seizec~ nncl in possession sih~ate in St. j,UCle Counfy.
' ~'(orirla. e~iz:
That part of the Southwest Quarter (SW'~) of Section 3,
Township 35 South, Range 39 East, lying Sast of the
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Eas t right-of-way line o f the Sunshine S tate Parkway;
' less and excepting the North 789.35 feet thereof and
also less and excepting the canal and road right-of-
ways of record; containing 85.48 acres morz or less. 1
~ The Mortgagor has executed tYiis Mortgage in a fiduciary capacity
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~ ` and in no other capacity whatever, and the Mortgagee, by accep ance
! r hereof agrees that no deficiency judgment shall be sought or ,
' , obtai.ned-by Mortgagee against Mortgagor, except for unpaid real
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~ ~ estate taxes and/or interest on both mortgages.
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~ All regu lar ins tallment p ayments and all prepayments to principal
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shall apply toward releases, pursuant to the terms as set fort
~ ~ in Exhibit "B".
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At the request of Mortgagor, the Holder of this mortgage shall join
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~ ; in the grant and/or dedication of such utility easements, roads,
~ ~i streets, and plats as required by Purchaser for the development of
' property.
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~ THIS IS A PURCHASE MONEY SECOI~ID MORTGAGE.
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