HomeMy WebLinkAbout1968 YOIITOAOt OttO 11AMC0 IOAM 1~[1
S ~OMO IOrIM ~ Q
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Fx~u~Pd ~hP 9th day oJ October ~ A. D. 1975 6y .
idILLIAM S. IVEY and FRANCBS G. IVEY, his wife,
heretna~~~ calted ~he mort a~or, to FIRST NATIONAL BANK OF FORT PIERCE, a
corporation exist~ng under the laws of Florida~ and having its
principal place of businesa at 300 South 6th Street, Fort Pierce,
Florida,
her+eina~ler calle~I II~e mwlgagee:
(N'Aere~e~ used ?ec~is ~ie term "~otq~er~ ud "mortaasei ' i~rlyde all t`e pvaa a tW i~awoe~t aad t1e ?ein.
kR+l rep~esennti~es aad a m of i~driduah ud tbc wcceeir~ aad arisd d corpwatioiu: ud tle ~ero ~•~ote••
r~~ ero
inrludes all ~e aotea 6nei~ deacribed i( ~ore tlua owe. )
~`~In~e~~ that for good and va~ua6je c~onsidera!lons, and alao in corutde~ntion o~ fhe agAre-
gafe sum nnmec/ In Ihe promissory nole o~ eve~ dale ~erewif~. ~ereinalfe? d~~tb~d, the morlgagor ~er~e-
6y grants, bargains, seUs, aliens, remises, convRys nnd con/irms unio ihe mo?igogee all tl~e ceriain land
o~ whic~ itie morlgagor is now seized and in possession sftunfe in $t . Lueie Co~h?•
~ Fl~da.
~ South one-half of the North 307.5 feet of the E~ of the SE~ :
~ of the NE~ of the SW~ of Section 34, Tawnship 35 South,
~ Range 40 East, less the East 48 feet for the right of way
of U. S. #1, St. Lucie County, Florida.
THIS IS A FIRST MORTGAGE.
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~ This mortgage also secures the payment of any future
j advances on loans that may be made by the mortgagee
~ to the ~ortgagors at any time within ten years here-
~ after even though no indebtedness is outstanding
hereunder, provided the maximum principal amovnt of
monies so secured shall not exceed $80,000.00 at any
one time, and providing further that such advances or
loana shall be evidenced bq separate written instrtuaents
, to invoke the terms thereof.
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