HomeMy WebLinkAbout0284 . - 323'78~ i ~
FIORIDA KATIONAL dANK AT TIT!lSYILLE
TITUSVILLE. FLORIDA
~~1'~~~p ~PP~
THIS MOA'PGAGE INDENTURE. exec~~ted d~~s 22nd ~y o~_Dece~nber lp 75 y
by EGAN, FICKETT 1c COMFANY, ~oreig~a:~corporation authorized to do •
buainess in Ehe State of Florida ~
St . Lucie
of the County oi State of Florida. hereinafter calied the Mortgagor. whlch term
as u~ed in every inatance ahall include the Mortgagor's heirs, executora. succesaors. legal representativea, and
asaigns, including all aubaequent grantees, either voluntarily by act of the parties, or involuntarily by operation
of law and ahall denote the singular and/or plural. and~the masuline and/or feminine and the natural and/or
artificial persona, whenever and wherever the context ao requires or admits, as parties of the ftrst pttrt, and
FLORIDA NATIONAL BANK, Titusville. Florida. a National Banking Asaociation. hereinafter called -the
Mortgagee, which term as used in every inatance ahall inclade the Mortgagee's succeasors. legal repreaentativee,
and asaigna. as party of the aecond part.
WITNESSETH, That for divers good and valuable considerations, and to aa.•ure the pa_yment of the agg ate
sum of money named in the pmmissory note of even date herewith, hereinafter set forth, together with interest thr,~re~a
and all other sums of money secured hereby az hereinafter provided, the Mortgagor dces grant, bargain, se11, alien,
remise, release, convey and con6rm unto the Mortgagee, ln fee simple, the following desaibed real property, of which
the 1liortgagor is now seizeci and possessed and in actual possessioq bcated in the 5is~ta of Florida, and dre Ca~nty
of St . Lucie ~~t. ~ ~
~ ~
From the Southwest corner of Section 3, Township 35 South. Range 40
Ea s t. r u n N o r t
h 0 d e g . 0 0- 1/ 2 m i r~ . W e s t, 1 3 1? . 9 f
e e
t t o t
h e l
i a e d
i
v i
d i
n g r ~
Government Lots 3 and 4 of said Section; thence run South 89 deg . ~
49-1/2 min. East 2585.7 feet to a Railroad Rail. a Point of Reference:
From said Point of Refereuce run North 15 deg. 4?-1/2 min. West 67.2
feet; thence South ?0 deg. 14-1/2 min. West 51.12 feet; thence North 15 p ,7~~d
deg . 47-1/2 min. West 2.1? feet to the Poiat of Beginuing of the lands v')
herein described . From said Point of Beginning contiaue North 15 deg . ~ ~
4?-1/2 min . West. 447 .83 feet to the south line of Street; thence South
10 deg. 14-1/2 min. West along the South line of Street, 470.0 feet to the R~
East line of North Second Street thence South 15 deg . 43-1/2 min. East ~
along East line of North Second Street, 41? .8 feet to the North right of ~ ~
way liue of Florida East Coast Railway Company Spur Track No . 3; ~ .
~ thence along chords to a curve concave to the North, run along the
Northerly right of way line of said Track No. 3:
~ North 87 deg. 31-1/2 min. East. 21.55 feet
' North 85 deg . 13-1/2 min . East 25 feet Tr~s ins:~um~~1 ~YUs Pr~par~3 F3y:
5~?. 7. ifATtiE?`:Y
~ North 82 deg. 41-1/2 miu. East 25 feet of F~En~-,<,o~v & tf..r~i~NY
~ North 80 deg. 10-1/2 min. East 25 feet S. ~''~'~'n~t~''~ ~vz.
North deg . 30-1/2 min . East 25 feet Ti.~svlt+e. F ~~~=~3 3~%s~
North 75 deg . 41-1/2 min. East 25 feet ~
North ?2 deg. 57-1/2 min. East 25 feet ~
North 71 deg . 08-1/ 2 min . East 25 feet
to the end of curve; thence, continuing along northerly right of way line
as aforesaid Track No . 3. run North ?0 deg . 14-1/2 min . East 275 . 7 feet to
~ the Point of Beginning .
~ .
~ THIS IS A SECOND MORTGAGE " ~~~3 ~ ~ 3 ~~~3~'~~'/~
~
~ .
The Promissory Note described in~ this Mortgage is secured by addiHonal collateral .
~ Aithough the full amount of the mortgage note is secured hereby, the equitable value
~ of the real property securing the Note described in this Mortgage does not exceed
~ a25.000.00.
~
~
~ TOGETHER with all the easements, appurtenances, structures and fmprovements now and hereafter on said
~ land or in any ~vise appertaining or belong~'ng thereunto, all rents, issues. proceeds, and profits accruing and to aocrue
~ from said promises, all of which are included within the foregoing description, and the habendum hereof; ako
included are all gas, steam and electric futures, heating, oooking, refrigerating, veatilating lighting, plumbing, irrigating
and powers~ stems; machines, appliances and appurtenanoes, which now or may hereafter pertain to or be used with,
- in or on said premises, even though th may be detached or detachable, and the same aze and shall be deemed to
~ be fixtures and acoessior.s to the freehol~ and a part of the realty.
~
~ ~ 8~~247 0~~ 284
~ -
h~~ - _ _ _ _ _ ~ ~
~h
~ ~ - - ~ ~ ~.x~ n
_ . . _ v