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HomeMy WebLinkAbout0906 . _ _ ^ rowTOwo~ osso ~y / QAMCO IOIIM R[~ IOM~ 1011M \ 1 i / E:eco~~d ~hA a 3•~w~1 day o/ December A. D. ~q77 6r CHARLES WILLIAM COLE ke?sina~ler onlled the mortgugo?, to pAUL H. LEFFMANN ' ~ Route 3, Box 513 Fort Pierce, FL 33450 herelnaJter calle~J fhe morigagee: (Wfsrever rrd iert:u tlie ura~ "~a aad "~ortp~s•• i~drde ~Y ti~ Mrtiu M ~Li~ irtr~est a~ ttie~Ya~s~ kRa1 cey~ea•ntivea aad ar~ d'u~wud t~s ,rc«.en a.d ~is~ ef oa~~Yw: uid t!~ u~ '~ae' i~cbdes dl tit wtes ?asi~ dewibcd it ~e ewe.) ~~Int~~~ lhat /or good and ~n1~6[~ oonsiderotions, and also in coruideratton o( tl~~ nggn- gnte sum namsd in !~e promissory note o~ even dale henwifh, l~eretnaf te? desc?i~, f~s ~nortgagor ~n- 6r g~r:, baigains, ael~a: a~fens, ?emisea, conveys arur aon~trms unto ftie mortgagee nU !~e cwtatn ~nnd o~ wht~h eke mwtgagor b now :eized and in passeuion aifuafe in St.. Lucie Countp. Flortda ofz: ~ South The East ~ of the NW ~x of Section 11, Township 35/ Range 38 East and South The West ~ of the NW ~ of Section 11, Township 35~ Range 38 East, all properties lying and being in St. Lucie County, Florida. TOGETHER with all structures, irrigation facilities and citrus crop thereon. W SUBJECT TO: (a) Mortgage in the amount of $41,000.00 to The c~ Equitable Life Assurance Society of the United States; (b) Mort- ~ gage in the amount of $110,000.00 to The Equitable Life Assurance o { Society of the IInited States; (c) A11 rights of way for public ~ roads and drainage canals; (d) Lease to Alberto Ruiz expiring O July 31, 1978. - H 2 This is a purchase money second mortgage given by the mortgagors as part purchase price of the mortgaged property. The agreement , ~ of purchase and sale of the property contains a provision appended F-+ hereto as Exhibit "A" and made a part hereof. In the event any ~ sums become due to the mortgagor (purchaser) from the mortgagee ~ (seller) under said Exhibit "A", then upon determination of such ~ H swa and sellers' failure promptly to pay such swns to purchaser, ~ then purchaser (mortgaqor) may apply such swn to the install:aents of principal and interest falling due under the hereafter des- cribed m~rtgage note on July 1, 1978, and also subject to a subordination agreement as contained in said agreement for purchase and sale. RECEryEp . ° ~ IN PA1ry~r ~ T ~ ~ ~ ~'•~~~r~fi ck~ ~xs°'~ ~Rir, R 71-134. 9CTS pF Igll. p ~ - - - ' F~'~? P°'ITk/1: ay CtC~K G_ y. ..,~e ~ ? ATE =~r Fl_~~>~(~!• ~ ~u < i Cv:~.;l1~ENTARv ~ j T ' " iiE?I uF~~EYEt1Ji ~ - - `r' _ - =~.~./*.~lr-,~;~ r- - ~e= .z.~r~1ti~, , Z$S.aS I ,m cr - ~ ` ~ ~ . ~ } 600K 2 1i7 PAGE ~ ~