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HomeMy WebLinkAbout0550 2~25_18 ~ ; ~ortgagt ~ttb September ?4 5 ' ?HIS YORTGAGB DEED. eiecated t4~ ~ il~~ oI ~.l).. 19__. ~ ~K~w i~F.RRFRT PiIT.IT7.F.R .TR i ~ hereinJt~ ullsd tiw I?tat~a~or~ MII~ 1lff IMOd V OYtf~ IC~I~~ ~MII LICIY~R lA~ M~~~+ s bejn. asaauas. ~d~ieWn• i ~on, w~«a~on. 1esa1 ~'ePea~e~uti~a ~ad ~i~, eitber ~ol~atar~ b~ ~et d tbe partia, or l~voTosur~ bp ooe~tkw ed 4w, ud ~ ~ shall denae tM sissk ud/er ploal. ud tti saradiae ud/oc iea~i~i~s. sad s~urd aud/or art~fi~L~ paso~ v~e~e~e~ asd t"~ wherera tl~e coot~t so ieanira or ~d~ib. Pactr ot the fiat put. wd j ~ TROPI _ANA PRODLICTS ~ INC ~ ~ _ ~ > heoeiaa(ter e~lled tbe 11~ortsa~ee. w6ie6 tess a~ wed i~ Creep innwce. ~Aall inelude tbe llon~~ee'~?~~ aeenton. ~iM. ~ u~ rC i~traton. weeeswn. lepl rap~e~aeautire~ end anipu. ~?henever aed wherawr tbs oo~te:t w reqaire~ or a~ib. Put7 0[ t6e W 'U ~aond patt. pITNESSETH: That tor diea~ ~ood ~nd ~alwbk oomideratioss. ~nd abo is eomiduuion o[ tLe a~p~te s~ et ~?ooay w~eed ia tbe promi~ror~ note._ o[ e~ date 6ere~itb. heeeiaaher daeribed. (t6e tus sote ~s baeatter wed s6a1! de- b' O O note tbe ar. i~ ooe oota. ar t~e pluetil. ii doro tban aae ~ete. i~ ~ieenred b~ thi~~o~tp~e tbe Mae1~ dsu p~a~ b~- ~d1.~ieA. rembs. ~ ooo~ aod aoafi~ nneo tbe 11[atsa~ce in tee ~ple. tAe toUo~rin~ daeribed ~al e~tate. e( w a w a~. ~hieh t6e Moetp~or i~ now ~eiaed aod po~ed and in a~tual ponwion. si~uue in tbe Counqr ot St. LZ1C1A ~ ~ ~ ~ State ot Florida. torrit: ~ n,~A o0 v°; The East Half of Section 17, Township 34 South, Range 36 East, more ~ ~ particularly described as: ~ ~ Begin at the Northeast corner of Section 1?, Township 34 South, Range : r+ 36 East, and run West alohg section line 2665.3 feet; run thence South ~ ~o a> o,~ 529? feet, more or less, to a point on the South section line of said ° Section 1? which point is 2686 feet West of the Southeast corner of ~ said Section 17; run thence East along section line to Southeast corner ~ of Section 17; run thence North along section line to the point of ~ H beginning. Said land.sit t db in in Okeechobee County, Florida. ~ ~ Assigned value per note ~~O~S,~$0~0~. N ~ The Northeast Quarter (NE~) and the Southwest Quarter (SW~) and the a West Half of the Southeast Quarter (SE'~) all in Section 2?, Towns6ip i ~ 35 South~ Range 38 East; subject to rights of way for public roads and 5 ~ drainage canals. Said land situate and being in St. Lucie County, Florida. o Assigned value per note $100,000.00. 70GE7'}iER WITH all wuetnra aud impro~ements now and berealter oe ~aid Imd, aad t6e f~tares ~ttacLed tberew, and ~ all renu. iuuo. prooeeds and protin accruin` aad to ~ceiue irom ~aid p~i~a. all ot x6ieh ~re iscluded witLin tbe fo~e~oia~ dacription and thc babeadnm 6ereoi. Abo all ga~. rteam, dectric. ~ruer aad aher hed'w~. eookiuL• ~~~~i. P~~~6. p~-+ p.Yntilatio~. irrisatpn6 and por~er sptems, appliaaces, fi:tnrrs, aed ~ppnrtewnces. indudios aireonditioaie~ dusb. mfehieer~ ~ ~ and equipmen~ whic6 are no~+ or na~ heredtu pertaia to o~ be wed ~rith. in or nn aaid premi~. tboas6 t6e~ be either de- 7' ucbed or detach~bk. ~ 7~OGE1'HER r~ith all tursicu~c. furni~6iu~r. ti:tnres and eqaipment eootained in oc ap ~aid or r6k6 ~ ~ ma~ 6ere~Ser from time to time be plaoed therein. aad u~ wb~titntion or replaament t6ereof. o0 io TO HAVE AND TO HOLD t~e ~una to~cthe* ~rith tl~e teaemeets. b«editammts and aPPnrtar~naa. nato tbe said Moet- 00 gi~ in fee simpk. . x ~ N''~ AND THE SAID MORTCAGOR doa hereb~ co.enant ~rit6 Mort~« that aaid 11lortsa~or u ieddasibl~ ui:ed of Wd ~ land in fce simpk; that taid Mortp~ bu iall poner aad lar?tul ris6t to eoerep ~d land in fee ~imyb ~s afoieraid: tbu it - X,~ i6a11 be la~rfal for tbe M~t~a~ee at ~II timrs peacably aad quietl7 to enter npoo, hdd and oocupr wid land: t6at uid laad i~ . p~,,~ free and clar o[ all ot6er and prior l~m~. a~arments~ )ndsment~. tua and a~c~mbrasees• tLat said Matp~or ~rill make sneh ~ Cq fnrther a~wr~eees w per[ect tbe fee simple title to aid land in the Mort~asee as sq rcawoabl be req~ired• a~d tbat aid • 1~iore~or does bereb~ r.arraA~ tbe tnk to raid land and reill defead the w~e apimt tLe ~a~rfu~ claiau ot a11 p«sons. wlam- o ~ o a~ 6O`""' 200 , 000 . 00 ~ PROVIDF~ ALpAYS t6~t if tbe Mortµ~or shaU pq wto the Mortp~ee tbe wm ot moner 4i - • t0 " meatiooed ia s~id proa~irorr sote_ io t6e manner ~a thaein speeitied, ot ~?kieL the [ollorins in~i~ad fipres is a tne a H roPr. caMic: ; i i PSO~tISSOBY NOTB ` ~ Sopt~r~ber 23 T4 ~ - 9---------- ; ~ ~ ~ i1 ~ . VG ~Iiami, Florida----------•----------- t ~ ~ 1'~ )R ~'ALUE RF.CFIVED the undcreigned, jointl}• and severally, prumise to PAY TO THE ORDF.R OF ~ ; rGnICA":A ='':~J'J{;;5, I~G. , E . . ~ ~ . . : . ' ~ ' _ l ht~ ~~rincipal eum o[ s7t~-- ~'.'..)'t•:i..l T1'U'.Jt~A:tJ t1.~J I40110C.-..__________.~..__.._ _ - - - , ~ ~ )Q ~ ~ltj . ) to~edier with the intereat tliereon (rom dc'~te ~ ;~t tl~~ rate of ],Q percent prr annum ~~ntil neaturity, all payable in lawful money of the Lnited States of America, aa t~~ll~?..s: . $40,000.00 principle per year. Interest shall be payable ; every six months beginning six months from the date hereof. ~ Maker shall have the right to make full or partial prepayment ~ at any time without penalty. ~ - ~ ~ : ~ ~ tll paym~nts ehall ~ppl~ Iirst to a~cru~d interest. and the rcm~ind~r. if sns. to reda~tion o( prin~ipal. if an~ installment of printipd or inlereat ~ i- nnt paid whrn du~, or upon any d~fault in the perfonn~nce of any of ~he ~o~en~nls or aRreements o! thi~ note. ot of an7 instrwnent now or ~ i~~ rraf~er ~ciden~inR or s~~urin6 Ihis note or ~he obliRatiun rrpreF~nted h~rrby, the whole indeht~dne~a lineludin~ principal and intereet) remainin6 ~ ~~npaid~ ahyll. at the option of the 6older. I~ecane immediatel~ due, parable and coileclible, and while in d~(ault, tLii note and Jeferred interdt " -h,~Il Lear inter~at at the nte of tQII ~1~~'~ prrcent per snnum. ~ 1 a~ h mak~r and endoraer severallr wsive~s dem~nd, proteat and noti~e of maturit~, non-ps~nnent or protest and ~11 reqnirement~ neeeeur~ to hold h nf th~~n lisble a~ makere and ~ndorsrrs. E:a~h maker and enJor~r furth~r sRrers~ joinU~ and ae~•enlly. to pa~ ~11 eoete of ~ollection, in~ludin6 ~ n~.i.onaLle altorney leea in ~ase the prin~ipal of thie note or any paym~nt on 1h~ prineipal or anr interrat lhereon is nM paid at the rdpeetire ma- ~ turity d~ereof. ur in cax it be~umea nectesary to protect the ~ecuritr 6ereo~, whether suit be brouaht or no4 ~ ~ s_ " . ~ fl , - cs..t~ SOOK PAl;f ~.1t.,.s~.t'i' ~ L...IT . ~ 232 55Q l ~ 1'.~.able •t _ ~~_'~y------- ~ _ _ . . . . - - I rting Yeleu , attorney-in-l~ct c r . - - _ _ _ _ . s~r ~r ~u~h o~h~r plue as shall be JesiFnated b~ Ihe hold~r of this ~ not~ in writinR. 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