HomeMy WebLinkAbout0879 NOW, THERE~OR:, the MORTGAGOR ior ths purpose of ~ecu~inp payment of ~aid sum oi f ~ O~~ u,d N+. p..fQ.manu of N»
covenaM~ arw) ayrsemen4 her~inafter eap~e~~ad. and fw d~vers 9ood u+d valuabl~ conside~a~lons. by tiuf~ p«<tntf, does 9rant, bar9~in, ~~II, remis~,
relaaie, conv~y ~nd conf~rm ro the MORTGAGfE, ib tucceison and auiyns, all 1Mt cen~in bl, piac~ u puctl oi lu~d, ~ituat~, lyinp, and b~inp in th~
C~~y ~ $t. I+uC~e •nd S?~t~ of Fiwida. describ~d ~s tollow~:
A parcel of land.lying and being in Government Lot 1, Section 33, Township 3!~
South, Range 40 East; run 911.71 feet Fast from t:~e Northwest corner of' sai3
sovernment Lot 1 to a point of~reference, which is the intersection of the
~•~estern boundary of a County Road an3 the North ~ine of said Section 33; thence
run 1?3.51 feet West on the North line of said Government Lot 1 to the Point of
3eginning;thence from the Point of Beginning turn 90 degrees and run South 123.13
feet, thence t~arn 90 degrees an3 run 90 feet West and parallel to the North
line of said Government Lot l;thonce turn and run North 123.13 feet parallel to
the Fast line of the property herein described ar.d thence turn and run 90 feet
~ast along the~North line of said Government Lot 1 to the Point of Beginning;
said parcel o£ Iand includes Tract "B" and the East 10 f'eet of Tract "C" as
.~elineated on the surveys of Facht View which are recorded in Deed 3ook 221,
page la., and in Deed Book 2l~7, page 234,public records of St. Lucie County,Florid
~'OG£THER with an easement for ingress and egress to and over '~Yacht Lane" as
?elineated on the above referenced surveys; and together r~ith riparian and dock
:~ights on the Indian River between the extended North and South lines of said
"Yacht Lane". .
SUBJECT to an easement and road right-of-way as described in Deed Book 247,page
21~., public records of St. Lucie County, Florida.~
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By agreement of iiort~agor and I•Iortgagee on file with Mortgagee,
the within mortgage 99Ct1T'@3 not oniy an eaisting indebtedness,
but also ADVA:ICr^,S to be ~iEREAFiER ma~a by iiortgagee to '~Iortgagor
the a~gre~ate of ~~hich ~rill equai the principal funount specified
ir. tre promissor~ note secured herebs. ~
! STATE ~=•F FLGRi~t: < <
~ GOL:UMEN7ARY;~°'.;,, S1AM~ i: ~ ~C~vEp~~_~ ~ r~
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" ~IER 71- . ` ~:ro~rrrr,
~ pe. = ~~~t~~76 ~ 5 0. a a i ACTS pF ly/l.
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~ rogetMr with all snd singular the tenemenn, hereditaments and sppurtances thereuMO belonging or in snywise +ppertainirg therefo, ~nd all rtnb, bwp,
~ ~rocecds snd profits accruing snd to accrue from said premises, all of whicfi are inctuded in tF~e sbove and fw~yoi~p description and haber+durn.
E TO HAVE AND YO HOID the above described and granted premises unto the said MORTGAGEE, iri urccessors u~d auipns forwer. Md th~ wid
MORTGAGOR for - heirs, executors, administrators and essigns, hereby covena~b with the said MORTGAGEE, its suteeuws u~d miper,
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fhat - th~X-~~ Iswfully x~:ed of the uid prem~ses in fee ~imple; thst the s~m~ sre frse, cltar and disch~rged itom all I"~ero snt! ~ncw~?
~ brantes in law o~ in equity, and that the~ will and their heirs shall wur~nt and defend tM titl~ b the ssem to the said
MORTGAGEE, it• succeasws and suigns, forever agai~st ~he lawful claims and demands of sll perwrat
PROVIDfD, AlWAYS that if the MORTGAGOR shall pay unto the MORTGA6EE the promiswry ~ote hereinbefore desaibed and shall huly, prompllp
' a~d futly perfwm, d~uharge, eaecute, compkte, comply with and abide by esch s~d evcry the stipulatioru, syreeme~n, conditions snd auvenu~b of said {
~ cromissory note and of this Mwtgage, t}xn thes Nlortgage and the Eitate hereby veated shall cease and be null and void.
~ ° IT IS UNDERSTOOD that the wwd "N~wtgsgor" whether in the singulsr or plur~l snywhere in this Mwtgsye, sF~sll b~ siepular if u~t only and ;
* ~ sk~H ba plural joinily snd sevara!!y i! rr.ore tF?sn one, ar+d tFsst the word "their" as used anywl+ero in this Mor?yape ~hall be tsken to rnean •'hu.•• "Itt~s."
; t or "its;' w}~erevtr the context so implies a admits_ Also, that whercver there i~ s referenc~ in ths covenants and ayreernMb hatin ow~t+inad to any d
the psrties hercro, tix ume shall be construed to mesn ss well ~s the heirs, le9al rtpresentatives, uxcessors and ~aipnt (eithsr vdunfary bp atf of f!r -
~ ~ parties or involuntary by opcration of the law) of the same snd that the covenants he.sin conuined sl»tl bind and rh. ba+efin and ~dvamap.s irwn~
s~` -y to the respective heirs, kyal representNives, successors and asrgns of the partis hereto. +
~ And said Matgayon, ior tF+emselves and their heirs, legs! representatives, successors and sssi9ro, F~treby joiMly and sw~r~lly covenanl aod pr~t
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~ to and with the said MORTGAGEE, its iucceswrs and assigns: ;
~ ~ 1. To pay ell and singular the princip~l and iroerest snd the vsriovs and sundry sums of money pay~ble by virtut of said promisiory iwq, and ti~it '
~ mortg~ye, exh snd every, promptly on ~he d~ys respectively ~he same severally becane due. ;
~ ~ 2. To pay al) and Hngular ~he taxes, assessmentt, levies, liabilities. obligations and encumbrances of every nature and klnd now on i+id dactlb~d
~ property, or that hereafte? may be impoud, wffered, pl~ced, lev~ed, or auesud thsreon, or thst hereafia may b~ kvied w auetsad ~+pon ti~is Mor1p~
~ age, a the indebtedness setured hereby each and evsry, wh~n dve and payabk, accordin~ ro law, befwe they becorn~ delinqwM, and b~fon ~ny IMa~st
~ attaches w any penalty is inturred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARCED Of
RECORD AND THE ORIGlNAI OFfIC1Al DOCUMENT (SUCH AS: FOR INSTANCE, THE TAX RECEIPT OR TNE SATISFACTION PAPER OFFtC1AllY ENDOitSEO
OR CERTIf1ED) SHAtI BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYNIENT; and ie the ~veM thst ~ny Nw~of b na
paid, sat'sfied and discherged sa'd MORTGAGEE may at any time p~y the same w any part thercof withw~t waiving ot affectin~ arhr opfion, lien, equity or
~ •~qht u~+der w by virtue of this mortgage and the full amo~nt of each and every such paymeM shall be immediately dve snd payabls ~nd shall bear irN~es1
~ ~.om the date thereof vntil paid at rate of nine per centum per annum artd together w~~h such interest shsll be tecwed by tht lirn o~ th's mwytapt.
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