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MORTGAGE
TNE STATE OF FLORIDA ]
) KNOW ALL IrII:N BY THESE PRESENTS :
COUNTY OF ST. LUCIE j
That W. S. DuBOSE, INC., a corporation organized and
existing under the laws of the State of Texas, the Mortgagor, in
the consideration of the principal sum specified in the Promissory
Note hereafter described, received from METRO EQUITIES, INC., the
Mortgagee, hereby, on this day of March, 1977, mortqaqes
to the Mortgagee the real property in St. Lucie Courity, Flor~da,
described as:
34 35 40 (1.97 acres) Northeast 1/4 of Northeast
1/4 of Southwest 1/4 South of Platts Creek-less:
BEGINNING at the Southeast corner of said parcel,
~ runninq West to West riqht-of-way of U.S. No. 1,
~ THENCE continuing West 260 ft., THENCE North 198.42
ft., THENCE Southeasterly 261.89 ft., to West
right-of-way U.S. No. l, THENCE South 163.95 ft.,
' to point of beginning (17).
' as security for the payment of the Promissory Note of which the
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~I followinq is a copy: cGCrnEO s Gd ~N p~YyfNT Of TAXES
ON Cl•SS 'C' tSIT:.K6Clf P:flSOAR~ P"Oi'~RTY,
FS1~25UIU11 TO .N.1PT~p ACiS Of t9i
! RGGEd P:IY.J1; 6
~ CL'&K O:' U T COiJ~T, ST. tU:.lE CO., FL~
~ REAL ESTATE LIEN NOTE
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$30,000.00 Fort Worth, Texas, March:~j, 1977
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; For value received, I, We, or either of us, as principals, promise to
f pay to the order of Metro Equities, Inc., in the City of Fort Worth,
~ Tarrant County, Texas, the sum of Thirty Thousand and 00/100 Dollars
~ ($30,000.00) in legal and lawful money of the United States of
; America, with interest thereon from date hereof until maturity at the
i rate of nine percent (9$) per annum; the interest payable at maturity;
~ matured unpaid principal and interest shall bear interest at the rate
" of ten percent (10~) per annum from date of maturity until paid.
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; This note is due and payable as follows, to-wit:
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On or before the first day of April, 1978.
It is expressly provided that upon default in the punctual payment
of this note or any part thereof, principal or interest, as the
same shall become due and payable, the entire indebtedness secured
by the hereinafter mentioned lien shall be matured, at the option
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