The URL can be used to link to this page

Home My WebLink About0646 • • D ~ ' ; ~ 354345 ` ` ~ 1'H1S 1?tOATGAGE DEED. msde and execuced the day ot ~AD]i8T3L 197~. . b~ WI1.I.iAM.J.....B4S.S-Q.s~a~d_1QSE_ . . . ; ~ hereinatter caAcd t6e Mort~agor. Mhich term s6aU iaclude tbe hein. legal represenutiva. wcoasors and assigns of the uid ` i Mortgaaot ~rherera the tontact so requira or admits. ! - ; w ~1- LBr1D . INC a Tennesag~ ~~.~3i~4~4~.d_~_S~4_b.~.@~lA.~~~_~II. ~hQ ~ Stste of Florida - ~ heteina(ter nUcd tl~e Mottgagee. which term shaU indude the heirs. legal represeoutives. wucsson aod aaigns ot the uid ~ ~ Morcgagee ~rherever the context so rcquim or admiu. ~ WITNESSETH: 'I'hat Eor diven goai arid valuable tonsideratioos, and also i~ considetation of the agqregate sum ~ : named in the romisso note of evcn date ,herewith he~tinafter desaibed. the siid 1lfort ~ P r7' gagor does hcreby gnnt. bargain. ; _ , sell. alien; remise, rekase. mnvey and oon(izm unto the :aid Mortgagee. his hein, succasors and assigns, all the cettain ~ . r piece~. parcel~ or tract_ oE laad, oE which uid Mortgagor i~ now seiud and possessed and in utual positaion. dtuate in i the Coupt~? o[ - S~. i _ and Sute o[ Florida. describcd u follows: ~ ~ > , ~ , Tracts "C" and "D" acoording to the aurvey of the South one-half (Sl/2) of i Government Lot 5 of Section 2, and the North 605.23 feet of Government Lota 1 ~ and- 2 of Section 11, Townahip 37 South , Aange 41 East, as shown in Plat Book _ 7, page 13, public recorda of St. Lucie County, Florida. • " Said property may also be described as the North one-half (Nl/2) of the East 800 feet of the North one-half (Nl/2) of Government I:ots 1 and 2, Section 11, , - Towaship 37 South , Range 41 East, lying between the lands of E. It . Ensey ~ and the Atlantic Ocean as in Deed Book 96, page 401, public reoorda of St . Lucie ~ County , Florida . ~ f ~ SUBJECT to reatrictions , reservations , rights-of-way and zoning ordinances of ~ ~ public record . ~ ~ ; THIS IS A PUIiCHASE MONEY MOBTGAGE ~ f - Subordination Agreement:- T'he Mortgagee agrees to subordinate this mortgage to a construction ~ mor~ a e loan in favor of an rec 9 9 y ognized financial lending institution to construct appr.oximately sixty-severi (67) condominium units on the ' mortgaged lands at such time as the Mortgagors shall have paid and dis- ~ ~ charged that certain indebtedness secured by mortqage deeds reeorded ~ , in Official Records Book 254, Page 824, and Official Records Book 260, ~ Page 1910, St. Lucie County, Florida Public Records. ~ . RECEHfED j~~O.Ob IN PA:IIENf-9f-TAXES ~ - DUE Oli Cl =S 'C' IVTiA6 BlE PcRSO!!~L PR~n~ ~ PUASUANT TO MAPT_ : 71- ACTS OF 1Y71, c/ ~ ~G• ~.aV R06fR PORRAS 1'~/ J S~ rt[RK q~CWT COUitT, ST. LIICIE f~, f~, ~ • t To HA~'E AND TO HOLll the same, togetha with all aud singular the tenemenu, hereditaments and appurtenances ~ , thereunto belonging or in anywise appertaining and the reversion and revenions, mmainder and remainders, rents, issucs i and Pro(its thereof and also all the awte, right, tiQt, interest, property, Posscssion, daim and demand Nhatsoch~er ac well in ~ law as in equity of the said ~fortgagor in and to the same and ecery part and parcel thereo[ unto the said ~tortgagec, and _ ' his heirs, succcssors and assigns, in [ee simple. ~Q ; And said ~tortqagor, tor himself, and his heirs, legat reptesentati~•es, succcssors and assigns, herebv corenants with said _ ~ ~tortgagee, his heirs, legal represcntati~es, successors and assiRns, that said \fortqaRor is indeteasibly seizeci of said land in ? tee simple: that the said Jlortgagot has full power and lawiul right to ron.•ef che same in tee simplc a; a(orraid: that it ~ _ sha1J be law[ul tor said ~tortgaqte. his htirs, legal representatiees, successors and assigns, at all times peaceahh• and quietly ~ to enter upon, hold, occupy and enjoy said land and every part thereof; that said land is free [rom all iucumbra~ues: that ~ ~ rq , ~ said ~fortgagor, his heirs, lcgal. represenutiva, suuason and assigns, will make such [urther aswrances to perlect [he fee simple title to said land in said Mortgagee, his heirs, legal representatives, successors and acsiqns, as may reasona6ly be re- quired: and that uid llfortgagor does hereby fully w+atrant the title to said land and every part thereof and will de(end the ~ ~ same against the lairEul claims of all ptrsons whomsoever. ' ~ PROVIDED ALWAYS, That i[ said Mortgagor shaU pay unto the said ~fortgaRee the certain promissor} note, of which the (ollowing in ~rords and tigures is a we copy. to-w~r. ~ 1 ~ STA3E ~F ~i.r G ~ : ~ L. S 1'ATE =~F M` L. ~ i~'7-, ~ 1.~ ~ ~ Thls Instrurnent Prepared by; ~P OOCUMEN?AR Y,-=~ , 5 T A M F i!~ ) . . . :~~CJMENTAA~ 51~. MP_t~ ~ ~ ' EVANS ~RARY, JR. ^ t~~vi~~ kEtlEYUE •,;s-,. _ A t,EPT.OF eiEVE'i~U~ 4`'- ~ - ~n - • j.~ C ~ CRARY, BUCHA;~A~~ & ..tEGINNISS ~ _ „all-1'7I~. ~ Z 8 5. ~ ~ ~ = v.8. -5'7t ~~~i~ 2 5 J. ~ O~ Chartered ~ttorneys o ~ s i~n- "".s ` ~ ~ -~uat ~ ~ 201 r~rst Natwnai r3ank stdg. . STUAkT~ fLORIDA 33494 ~