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HomeMy WebLinkAbout0448 s i~$ ~ I~ ~ ~ ~ • f a ~ ~ 'i t ` r • v~A ~ ~xec f u ed ~I~p 3 day oJ ,~u.wd A. D. ~9 776y . _.r_~ o~ DONALD B. MEDALIE, Trustee o ; - ~ ~ tiereinaf ier ca~~ !he mortgagor, to • N , N CLAYTON TRUST COMPANY, Trustee of the Testa.«er~~ar~- ~ru~ ~s ~:.^uer 222 South Central the Last Will of Erwin T. ~iuber, deceased Clayton, Missouri 63105 and Administrator of the Estate of ~Ef ~~r`~ hereina(ter calle~l Ihe mortgagee: D@llil8 AlVl@I18 Huber d/k/8 D. A1V~@T18 '~~T~' Huber,,,dece$sed, and ~dian of Nancy* ' ~ (WAeme~ uxd br?eia the urm "mort~a~o~~ nd so?~[ases i~ch~de vt p~rtia w ~li ~t ud ve \ein, kfta) reprnsauova ~sd qwa ot iwdrriduab aod t?e aa~cemn aad ~~s d cor~tior; ud t!e 1e~ •~w~e•• ~ ine au tAe .u :"dac.ib~a ;t ~a o~e.) *Jean Au~'er an~ R~ta Mar~e Hu~er, minors . _ _ , i ~ ~ lhat ~or good and uo~uab~e c~onsicleraf io~u, and a~ao in c~onsideration o~ !he nggro- m~.' gate sum named in f~e promtssory note o~ ei~en dafe ~er~eu~iih, hereinaJter c~escrt~, !he mortgagor here- , 6y grants, fiargai~is, se~~s, a~iens, remises, conoeys and con~trnu unto fhe mo?tgagee all the certdn ~and o~ w1~ic1~ the mortgagor is nour seized and tn pos:euion aituate in ST . LUCIE Countp. _ 3 i; Florida, vlz: PARCEL I: All of Government Lots Four (4) and Six (6), in Section 15, Township 37 South, Ran e 40~East, St. Lucie County, Florida,except~ (4) North of C-24 Canal,. PARCEL II; All of Government Lot Seven (7), in Section 15, Township 37 South, Range 40 East, St. Lucie County, , Florida, - LESS AND EXCEPTING FROM BOTH PARCELS I and II all permanent ease- ~ ments pertaining thereto had by Central and Southern Florida Flood Control District, now known as the Southern Florida Water Conserva- tion District by virtue of the taking in Com~non Law Case No. 2088-L In The Circuit Court of the Ninth Judicial Circuit of Florida, In And For St. Lucie County; the Final Judgment being entered on April 28, 1959 and recorded in Judgment Lien Book 5, Page 11? of th Public Records of St. Lucie County, Florida. THIS IS A PURCHASE MONEY FIRST MORTGAGE ~ This mortgage shall provide for the release of land from the lien hereof on the following basis: i ~ ~ ! (1) From and after the closing hereunder, mortgagee shall release property from the lien of the purchase money mortgage upon ~ payment of the sum of $1,259.00 per each acre so released. ~ ~(2) Releases shall be given in 10 acre tracts running from the ~ Easterly property line of the mortgaged property to the Westerl ~ ~j property line thereof beginning with the most Northerly part of R the property (the northern most property line) and, thereafter, ~ each tract shall be contiguous ~o the property previousl~ released. Prbvided, however, that in the calendar year 1977, j~ , only one 10-acre tract shall be released. ~(3) With each request and payment for a release of property, Mortgagor shall deliver to Mortgagee at Mortgagor's expense, a survey of the property to be released which survey shall contai an accurate acreage computation thereof. (4) Al1 payments for the release of property which are prepayments shall be applied towards the next ensuing payment due under the ~ terms of the note secured by the purchase money mortgage and ~ all principal payments on said note shall apply towards release prices, whether the request for release is made at the time of, ~ ~ _ prior to, or subsequent to such p~yment. ~ ~I Sc~t~ : ~(6) All releases hereunder shall be contingent upon Buyer providing road access to the property remaining subject to the m~tgage lien after such release. ~M ~~y~ a~ ~ c.~vc: i s°""~ U R o~~~ t~ a~ y'~''c y. R G~ rW~w Roo~? ~ I q a }s o BQOx 271 ~~~f 448 ~ ~ ~s. =t. ~ II ~ , z ~ ~ ~ _ . _ - - - - - - - ~ . „ n~