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HomeMy WebLinkAbout1248 i ~ ~ 3US`72i3 1,~~s~~ F~orida Farm ~ ~ ~K 480 FA~E ~f1~ This Mortgage Deed~ made this 31st day of March 19 75 by MARCAR ENTERPRISES, INC. , a Florida corporation OFFICIAL RECOR~ of Indian River County~ and State of Florida~ hereinafter called the mortgagor. to ' THE TRAVELERS INSURANCE C0~IPANY ~ ~ a corporation organized and existing under the laws of the State o( Connecticut and having its principai office at ~ 700 Main Street in the City of Hartford, County of HartEord, and State of Connecticut, here~nafter called the j mortgagee, Witnesseth: That the mortgagor~ for and in consideration of a loan of money in the principal sum stated in the promissory note hereinafter descxibed. and other valuable eonsiderations, receipt whereof is hereby ack~owledged, dces hereby grant~ bargain, sell, alien. remise, release. convey and confirm unto the mortgagee, in fee simple, all those certa~in lands. of which the mortgagor is now seized and possessed. hereinafter calied the premises, s~tuate. lying and being in the County of S t. LuCi@ . and State of Florida, described as follows: The North 1/2 of the Northwest 1/4 of Section 1, Township 35 South, Range 38 East, St. Lucie County, Florida. ~„~D/- o?/O -DO00 - QD~ 1,.: .J;~- ~ ~ ' _ 1-- C7 ,r~.~. _ ` 4 ` ~ i~: _ ~ . _>'i ~ c.`: p,,. c•• .r--: 1 ~ ~ ~ - Y Recefved S-l.3 ~ I,, r ~ ~ a;mc~~t oi T~Y~s due cn C~ass ~~C? ~ 'u C lntangibte Personal Prcperty pu:=u: nt ;o Chtp;er ~G7~4. Laws ~ ~ - ~ ot Florida, Acis of 1941. . _ ~ r ~ . lC~C / LL' ' • _ ~ d. --j ~ ~ LT ~a~'2' ~ 4~+~~ N'~ ~~;p . ~ ~ ~ ~ ~ lerk of Circuit Court ~ ` . ~ _ , \ Indian River County, Floride together with all and singular the rights therein~ fixtures chereon and appurtenances thereunto belonging. whether now or hereafter acquired, which shall include, without limiting the generality of the foregoing, the following: i All rents~ issues and profib, including all rents, royalties, bonuses and benefits under any existing ~ or future oil~ gas or mineral or other leases; all easements or rights of way; and all water rights, i and ~ ~ All improvements of any kind or description. including all buildings, and the plumbing. heating~ ventilating and lighting systems and equipment therein; al! barn equipment; all fences and gates; ~ and all pumps: pumping stations, motors, switch boxes and transformers, engines, machinery~ ~ tanks, reservo~rs, pipes~ flumes or otber equipment used for the production of water on the ~ premises or for the imgation or drainage thereof, and t ~ i All timber now or hereafter standing or growing on the premises. . ~ ! To Have and to Hold the same, together with al! and singular th~nements, hereditaments and appurte- " nances thereunto belonging or appertaining. and the reversion and rev ns, remainder and remainders, rents, ~ issues and profits thereof, and all the estate, right, title~ ~nterest. homestead. dower, right of dower, separate estate, property. possession. claim and demand whatsoever in law and in equity of the mortgagor in and to the ~ premises and every part and parcel thereof unto the mortgagee. in fee simple. forever. ~ _ And the mortgagor does hereby rnvenant with the mortgagee and with any purchaser at foreclosure sale here- 1 under that the mortgagor is indefeasibly seized of the prem~ses, in fee simple, and has full power and lawful right ~ : to convey the same as aforesaid, and that it shall be lawful for the mortgagee at all times hereafter peaceably and ~ - quietly to enter upon, hold. occupy and enjoy the premises and every part thereof; and that the premises and every ~ part thereof is free from all encumbrances; and that the mortgagor will make such other and further assurances r to perfect the fee simple title to the premises in the mortgagee or in said purchaser at foreclosure sale hereunder, as may hereafter reasonably be required; and that the mortgagor does hereby fully warrant the title to the prem- ~ .J ises and every part thereof and will defend the same against the lawful claims of a11 persons whomsoever. ~ Provided Always, and these presents are upon the express condition that if the mortgagor shall pay to the ~ ~ mortgagee that certain promissory note of even date herew~th, payable to the order of the mortgagee, in the prin- ~s ~ cipal sum of Sixty-five Thousand and No/100 - - - - - - - - - - - - - - - ~ - - - - - - - - - - - - - - - - Dollar~~S 65, 000.00 ~ together with all interest thereon, with final payment due FebTtiBry 1 ~ 19 , and with principal and - ~ interest payable on the terms and at the rate provided therein; and a~l renewals, extensions or modificahons of said note; and shall duly, promptly and fully perform, discharge, execute. efiect. compiete. comply with and abide ~ by each and every covenant, agreement~ obligation. oondition and stipulation of said promissory note and of this mortgage deed. each and every, then this mortgage and the estate hereby created shall cease and be null and void. And the mortgagor does hereby covenant and agree with the mortgagee, as follows: ~ 1. To pay all of the said sums of money, both principal and interest, specified in said note at the times therein designated. ~ L-~a+s x~.. »-s: ..~..~o (Over) BODK ~~U FAGE a _ _ . . e _ - - - - a - ~r ~ M . ; . , v