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Thi~ in:;trument prepare~~ by:
C . N. Tilton ~ ~
~1'~>:t'T AcE:.~~,~ 282990 • Attorney at Law
24 Ricou F~oad, Box 526
Jen~en Eeach, Florida 33457
~
THI9 MORTGAGE DEED. made and e~cecuted Ne...~.a.~ o~_ May ~9?4
by. .---...MA~....S~~ACHER...._.........._......_...._
here~natter called the Mortgagor, whtch term shall include tt.e heirs. legal representatlves, auccesson end as~igtu ;
o! the said Dtortgagor wherever the context so reqwre~ or admits, ~
to...._......~.C.z~~~...~~~..F.',~.~~~...~~t.........................._..........•• i
•
here~nafter called the 1?Sortgagee, which term shall include Che heirs, legal repreaentativea, eucces~or~ and ~ssiBn~
of the said ~tortgagee wherever the context so require9 or admita. ~
t
~YTPNESSETH: That for di~•ers good and valuable considerations, and also in con~ideratlon oi the aggre-
gate aum named in t1~e Pmmissory note of even date herewith hereinafter descrlbed, the asid Mortgagor doea
hereby grant, bargain, sell, alien, remise, release, convey and confirm unto the sald Mortgagee, h1s heirs, auccea~ors
eu~d assigr~, al! the ~ertain piece.___, parceL... or tract_.. ot land. of which the said Mort;agor is now soized and
possessed and in actual possession. situate in the County ot....._.`.~._t.~.. LuCl@ ___..~d Ste?te of Florids, described
as toilo.~s:
For a point of beginning start at the Northeast corner of Lot 1 of
Bloc1~ 4, Section 12, Township 3? South, R,a.nge 40 East, of ST.
LUCIE GARDENS, according to the Plat thereof recorded in Plat
Book 1, Page 35, Public R.ecords of St. Lucie County, Florida, and _
run South on the line 500 ~ feet to the point of beqinriing of the tract
conveyed, and ir~ui ii~~~~~~ i
LL:l `~T~~t t^ thP rTr~r~'h line of said
lot to the right of way of Federal Highway 1, thence Southeasterly along
said right of way a sufficient distance to mea.sure 200 feet North and
South, thence East pa.rallel to the North line, to the East line of said Lck 1,
and thence North 200 feet to the point of beginning of the tra.ct herein
conveped, except rights of wa.ys for roads and canals.
SECOND
TI~S IS A FURCHASE MCNEY/MCR1'GAGE, wi th the mortgagor herei n
j assuming the existing first mortgage. When the existing first mortgage is
~ fuly satisfied, the mortgagor herein will apply for a larger first mortgage
~ in an amount not to exceed ~150,000.00. If and when this mortgage is
~ obtained, this mortgage is automatically subordinated to the said first ;
mortgage.
~~yEp ~ IN P~`!MENT OF TAXES
plE p11 (XI1SS'C INTl1NGIBlE PE':~0'iAl PRO°ER(Y. ~
p11RSUAltT TO Cti~P'TER 71•13l. ACTS Of 11N1. ~lc
YOCER PORRAS ~ ,Y
CLfAf( CIRCtlIT OOURT. 5f. WCIE 00., FUl
C!'
TO AAVE AND TO HOLD the same, together with all and singular the tenementa, hercditaments and ap
purtenancea thereunto belonging or in anyv~nse appertaining and the reveraion and nveraions. remainder aad
remainders, rents, issue~ and profit~ thereof and also all the estate, rfgt~~ uua fnterest, propertq. poaeeselon.
claim and demand whatsoever as well in laW as in equity of the aaid Mortgagor !n and to the same and every part
and parcel thereof unto the sa3d Mortgagee. and hi~ heirs, succesaors and as~igna, ln fee aimple. •
And said Atortgagor, for himselt, and hia heira, legai repreaentaUves, succea~ors and aasigns, hereby coven-
ant~ with said Dtortgagee, his heirs, legal repre~entatives, aucce~.wrs and aaeigas, that aald Mortgagor 1s inda
feasibly seized of said land in fee simple; that the said Mortgagor has tull power and lawful right to convey the
y~ same in fee simple as atoresaid: that it shall be lawful for said Mortgage0. hls heirs, legal representativea, auc-
cessors and ass~gi.9, at ail times peaceably and quietly to enter upon, hold. cecupy and en7oy sald land and every
part thereot; that said land is free from all incumbrancea; that eaid IKortga$or. his heirs, legal repnsenti?tlvea.
succe~sors an~t assigr?a, ~~ill make 9uch tuH~er assurances to perfect the fee aimple dUe to asld land fn aatd ;
N!ortgagee, his heirs, legnl representative~, successor~ and assigns, as tnaY reaaoneblY De re9w~: ~d that said ~
Mortgs~Ror docs he-Fby fully Karrant the tltle to suid lAnd and every pari thereof and wW defend the eame against ~
L.~• :*r.cfi4 ~~Zirnv ot al! ~crs~ns ~~homaoe~•er.
FP.OVIi'*?ii ALWAYS, That ff sald Mortgagor shall pay unto the said Hortgages the certaln PTOm1s~°1'7
m~tr, t which i`:p toilowfng in words aad flgures ts a true copy, to-wlt:
~ STATE ~F F LO R i D~'~ ~
y '
DOCUMEN7ARY STA M P '
c°~ ° DEPi Qf R.EVENUE ~.-h' t F"~~ 22~ ~hCE~~
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" '68.25 ~
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