The URL can be used to link to this page

Home My WebLink About0734 jr.n • - ~~epared Dy 3 ~ Re~: .t ' ~~yd of - . . , IFtl~I t`S & LtOYD ~ - - NElll GR 1'14-A t~o. "1,~d Stteet ~!r ~ten ~p ~~jege ~re~ent~ac~ Fort Pierce, ftorida gbdt. ~ ` FOi3R T GROVES INC.~~a cor~oration organizec~ and ~xisting under the } laws of the State o~ Florida, wi h a place of bus~ness in 7~ St. LL1Cle County~ State of Florida~ hereinalcer called the mortgagor~ Mhich : term shall Ee cons~ued to include the heits~ executon. adminisuators. wccesson and auigas of the moctgagor ` as the oontext may require, do hereby grant~ bargain. sell and convey to J~n Hancock Mutual Life Insur- ~ ance Company. a~orpotation arganized and exlscing under the laws of The Commonwealth of Massachusects, ° having iu Home Oifice in Boscon. Suffolk County, Massachusetcs, hereinafter called the matgagee. which ; tetm shall be cons[rued to include the successors and assigns of che morcgagee as the context may require~ ~ che following de:cribed real estace With all buildings and improven~enu now or hereafcer erected thereon. i situated in Martin and St . C~O~q?. State of Florida, to wit; ~ Lucie Counties, ~ r ~ , The NW 1/4 of the SW 1/4 of Section 4, and the NE 1/4 of the ~ SE 1/4 of Section 5, less and except the West 100 feet of said ~ NE 1/4 of the SE 1/4 of Section 5, all of said lands being 3 situate in ~ownship 40 South, Range 38 East in Martin County, ~ Florida; and ~ The SW 1/4 of Section 5, Township 37 South, Range 38 East, ~ being situate in St. Lucie County, Florida. ~ ~ 3 This mortgage has been executed in duplicate, each of which ~ shall be deemed an original, one of which shall be recorded in ; the public records of Martin County, Florida, and the other ~ shall be recorded in the public records of St. Lucie County, ~ Florida. . ~ ~ ~ ~ ~ s ~ t z o-ooa~ ~ ~ a~ r,~ : ~ ~ : ~ . ~^c. Si'tu~SS ~~I~W~ 1n ~At ~ ~ ~ 1l7~'r ! ~ p ~IYF~ TO ~~~T OOtfAf. Si lUCIE 00., FUIrn $ ORt6tNl~. NOtE ~ i ~ t ; ~ ~ ~ : togecher with all and singular the easements. tenemenu, hereditamenu, appurtenances and other rights and Y ~ privilegu thereunw beloaging or in any wise now or hereafcer appenaining. and the renu, iunes and profits ; chereof; and together r+ith all apparacus and fixtures now or hereafter erected or placed upon said real estate ~ ! or used in connection therewith~ w::ether or no[ the. same have or would become part of said real estate by ~ i attachment thereto, all of which shall be considered as annexed to and forming a patt of the freehold hereby mortgaged; all of the foregoing is hereinafter referred to as the ptemises. ~ ~ Y TO HAVE AND TO HOLD the above granted premises to and to the use of the morcgagee, iu successas ; a nd assigns. forever. ~ ~ THE MORTGAGOR HEREBY COVENANTS with the mortgagee that the matgaga is indefeasibly seized ~ ~ of the premises in fee simple and has full power and lawful right to sell and convey the same. that said premises • ~ are free and clear of all liens and encumbrances except as herein otherwise recited. and that the matgaga ~ nrill make and execute such further zuurances to perfect the fee simple tide to the premises in said mortgagee ~ ~ as may reasonably be required; and the mortgagor hereby fully wanants the title to said premises and covenanu ~ to dafend the same against the lawful claims and demands of all Qersons. ~ ~ AIZD THE MORTGAGOR HEREBY COVBNANTS AND AGREES: ~ ~ 1. That this mortgage is given to secure the performance and observance of the terms. covenants aad ~ agreemenu herein ccntained and the paymeat of an indebtedness in the principal sum of FOUR FIUNDRED ~ AND THIRTY THOUSAND Dallars (i 430, 000 . 00 ) with interest theceon acoording to the terms of a catain prominocy note of even date huewith~ executed and delivered by the mongagor. payable ~ to the order of said John Hancock Mutual Life Insurance Company at iu Home Office in Boston. Mauachusetts~ ~ or at such othu place as the mortgagee may from time to time designate, with principal and interest to be ~ paid as specified in said note~ final payment of satd principal and interesc. if not sooner made. to be due and ~ payable on the f[rst day of AugUSt . 199Q and wich interest at 15 per centum per annum wh11e any ~ default exisu in making payment as aforesaid oc in che aerformance or observance of any of the terms, cove- ~ nanu or agreemenq contained herein or in said note or in any i:utrument now or hereafter evidencing or securing said indebtedness; and that, while any such default exisu, the holder of said note may apply payments ~ received on any amwnu due under said note or to fulfill any of the terms, covenanu a agreements oontained huein or in any iruaument now or hereafter securing said indebtedneu as said holder may detetmine. 6a~K24? PAGE 734 : , • _ _ - ~ , ~ _ _ _ , _