HomeMy WebLinkAbout0309 MOtiGACiE OEfO •
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' Ex~u~ed ~he 5th day oI October a. n. ~y ~6 by
1010 SEAWAY DRIVE, INC.
a corporntion existing unde~ t1~e laws o( the Stdte of Florida • anrl hat~ing its principel place o~
busines~ at I010 Seaway 'Drive, Fort Pierce, Florida 33450 ~
tiareina~ter ca~~ec~ fhe mortgaqor, lo ,
Joseph J. Smart
whose posto f
jice nddress is yp ~0 h/ti `S h e-~ a d
{~ereina~fe~ cn~~ the mortgagee: °~C ~ 5 . U . ~ V .
FoY-t f~~YCe, F"l~c. 33~5~
(W6emcr u~td bereie tA~ term "mort~asor•• anA mort~saes" iaclude atl thc puties to t6a imtrumeat and cAe Acin,
IeRal npreunatives sad aai~m ol ~nd~viduals. iad tbe w~cceaon and a»~~m o( cwporatioas, and tLe urm ••nou"
iucl~des a11 t6e wota derein darribed if more t6aa oae. )
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that jor good und valuab[e considerations, and also in consideralion o~ the aggre-
gate sum namec~ in l~e promissory noie o~ eoen dnte herewi~h, ~ereina~ter clescri~ed, the mortgugor here-
6y grants, bargains, se~ls, aliens. ~emises, rnnveys and con/inrts unto the mo~egagee all the certctin land
o~ tuhich lhe mortgagor is reow seezed and in possession siluate in $t. LUC1@ Counly,
Floritla, uiz:
From the Southeast corner of the John Stenroo's property, as
described in Deed Book 182 at page 573 , run South 7Q°18' East
along the north right of way line of State Road AlA, 119.7 feet to
the point of curvature; thence continue along the north right of
w~}~l ~ine c~f State R~?d AlA Qn a ci~c~lar curve concave to the
north, having a radius of 523.69 feet, a distance of 55.3 feet to
the point of beginning; thence continue along said curve 153.39
feet; thence run North O1°29' West 258.6 feet, more or less,
to the Indian River; thence meandering the shore of the Indian
River run westerly to a point on a line.which bears North 06°42'48"
East from the Point of Be~inning; thence run South 06°42'48" West '
249.86 feet to the point of beginning. All of the above lying
in the Sontheast 1/4 of the Northeast 1/4 0£ Section 2, Township ,
35 South, Range 40 East, St. Lucie County, Florida, including
riparian and littoral rights.
~ Subject to that certain mortgage from mortgagor to Citizens
Federal Savings & Loan Association of St. Lucie County in
the original principal amount of $172,000.00, dated August 25, 1976
1976 and reeorded on August 26, 1976 in Official Records Book 256
at page 1981 of the public records of St. Lucie County, Florida.
This mortgage and the right of mortgagee hereunder shall be
subject and subordinate to the lien of any mortgage on the
above described lands hereinafter given as security for any
additional loan or loans made by Citizens Federal Savings and
Loan Association of St. Lucie County. This subordination
shall be self operative and no other instrument or subordination
sha~i r~ , Mnrttc~t~ar[~[~ sha 11. nevertheless , execute and
deliver from time to time, such instruments and certificates
affirming and confirming such subordination as mortgagor may
reasonably request.
_ Malr~d • ".14.:.:~.~. 6~ hynwM 01Ta~M
l~ Oue On CIaM "C" NNMi~tirree~ll4e~.
LC a - ru?wsnt To ChaptK ~1.131„ A4p 0~71.
t ROCiER POfiMt ~
Cl~k Ctp~it Court, 81. twi~r G0..
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