HomeMy WebLinkAbout0750 MpR7aAOt OttO RAMCO r011M N[S #
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( Executed ihe 30th duy oJ January A. n. ~9 76 6y
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JOHN GUY LONG and PATRICIA J. LONG, his wife,
he~einaJter called the mor~gagor, toFIRST NATIONAL B~ANK OF FORT PIERCE ~ 8 COrpOY'8-
tion existing under the laws of the State of Florida and having its
principal place of business at 300 South 6th Street, Fort Pierce,
Florida 33450
{~eretna~ter callecl the mortgagee:
(1~lfhemer uxd hcrcu t?e terms "mort~s~or and "mwesasee" ieclude all tbe par[ie~ w thn uutrti~e~t a~d tLe ~ein.
Icgai repnxnuti~ss aad aa++~m of ind~'~•idwb. and tbe access«s aad aarisw ot corpora~io~s: ud tle ter' "wou••
inrludes all the aota hereiw dexriEtd il mae t6aa one.)
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~ltn~e~~ that Jor good and valua6le ~onsideratioiu, nnd also in consideration o/ the aggre-
i gafe sum nnmec~ in. !he promissory note oJ even clale herewifh, /~ereina~te~ t~eacri~. Ihe morfgagor hete-
by g?a~ts, bargains, sells, aliens, remises, conueys and con~irnu unfo the mortgagee all tl~e certain land
o~ whicti ttie mortgagor is now seitec~ and in possesaion situafe in $t . Lueie Co~h•
, Florida, viz:
~I From SE corner of S~ of NE~ of NE~ of Section 16, Township 35
South, Range 40 East, run West 668.7 feet to center of inter-
i~ section of South 12th Street and Kentucky Avenue; thence North
'l 100 feet; thence East 187.7 feet; thence South 100 feet to center
line of Kentucky Avenue; thence West 187.7 feet to Point of
Beginning - subject to right of way and easement to City of Fort
Pierce in, to and over the West 25 feet (part of East half of
~ i~ South 12th Street) and the South 25 feet (part of North half of
i Kentucky Avenue) of above tract. The tract hereby described,
~ exclusive of said strips for such rights of way and easement
i~ is 75 feet North and South (fronting West-on East side of South
41 12th Street) by 162.7 feet East and West (fronting South on
~E North side of Kentucky Avenue, Fort Pierce, Florida.
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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 m~ortgagee to ~
{ ~ the mortgagors at any time within ten years hereafter even
though no indebtedness is outstanding hereunder, provided
~ ! the maximum principal amount of rQOnies so secured shall not
~ exceed $11,000 at any one time, and providing further that
such advances or loans shall be evidenced by separate written
instrument to invoke the termsthereof.
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