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DAVID B. PUTNAM, JR. ~
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I~ harei~~o~lNr rullrtl fG~ murf{~n~or, la ~
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E. E. WHITARER and NORMA L. WHiTAKER, his wife j_
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~e~ina jf~•r i•aIIe~I Ihe morfgaflcr: l1CE OtitY . ~ 3 , a ' ~ ~ " ' (~}~J ~i ~
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~N'tKmrr uvd Ae~~ia J~e terma "mortsaRa" a~ "awetiaKee•• irlyde a!1 tAe puties to t?i? iwrret~t ud ~e 4in• ~
ked ~epexaui~~e~ a~.d a?+iic~s d i~~idual+. awd ~~t w«e+u.n a~d wi~s ot caporatiw~; a~d tLe ar~ .•wte••
~ocludr~ al! ~6r wtes be~eio Mcribed il mme ~Iw owe.) ~
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~ ~ltn~~~ thul Jo~ good and valuuble ~u?~siderclions, and also in consideration o tl~e a re-. ~
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~~a~~ sum nomc~c( in Il~e promissory note oJ ei~en dale he.~u~~~h, Gereinajter descTlbed. Il~e morfgagor I~ere-
by nranes. ba?gains. sc•Ils. aliens. remisrs. conneys and rn~iJirms unlo tl~e mo?lgagee al[ fl~e certatn land
o~ u~{~ich fhP mortgapor is «ow seize~ a~~ in possession situale in $t. LUCle County,
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~'~ort~a, e~iz:
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t` An undivided four-fifths interest in and to the following described ;
j~ real property : ~
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~i T'he East 332.5 feet of the No~th 1200 ~eet of the NW 1/4 of the t
SE 1/4 of Section 12, Township 35 South, Range 39 East, LESS AND `
I~ EXCEPTING THEREFROM the East 175 feet of the North 471.55 feet ~
i~ thereof; ALSO EXCEPTING the right of way for Orar~ge Avenue. 1
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T~DGETHER WITH an easement for ingress and egress from Douqlas E.
~ Mullins and E3ith G. Mullins, his wife, to Star Construction ~
Company of Ft. Pierce, Inc., dated April 18, 1969, recorded in ~
O. R. Book 176, page 2634 of the public records of St. Lucie f
County, Florida; over the prop~rty as more fully described in j
` said grant of easement; au:d SUBJECT TO an easement reserved by
Douglas E. Mullins, joined by his wife, Edith G. Mullins in -
that certain warranty deed of conveyance dated April 18, 1969,
recorded in O~- R. Book 176, page 2642 of the public records of ~
i~ St. Lucie County, Florida, to Star Constructio~ Comp~any of ~
Ft. Pierce, Znc., a Florida corporation.
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~i THIS IS A THIRD MORTGAGE, subject and inferior to that certain ;
second mortgage presently held by the mortgagees, dated February 21, '
, 1973, recorded in O. R. Bc,ok 211 at paqe 699 of the public records -
~ of St. Lucie County, Florida, and it secures the repayment of the an =
nual installment of principal due February 21, 1976 on the promisso ;
note secured by said second mortgage aforesaid.
Mortgagees, by acceptance and recording of this mortgage deed and :
acceptance of the promissory note secured hereby, do covenant with
mortgagor that any and all defaults presently existing under their
second mortgage - be , and the same are , h~ereby waived .
Any default by mortgagor under this mortgage shall be deemed a
default under the second mortgage held by mortgagees. "
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