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HomeMy WebLinkAbout0269 . YV~7a)•.~C7 n 11 / V i I t / ~ . ~ i z Fxecu~pd ihP day ol r•`~ A. D. ~0 78 6y JO~1 PITSIKOULIS and ANGELIKI PITSIKOULIS, his wife, ~ hereinajler cn~~e~ the morfgagor, io DANIEL G~NTILE and CLARA GENTILE, his wife, 937 S.W. 34th Court - Boynton Beach, Florida hereinaJter calle~l ihe mortgagee: - ~ , (WAere~er wed liereia t6e terms '•mort6a~ar~ aad ••~~Ra~ee" i~rlude all t6e puties a t6is i~atnoe~t aad ~6e hein. ~al npresenuti~ea awd asai m ol iadividwb aad the wccew.n and a+si[n _d totporatiws: a~d ~e ur~ "~ete•• includes all t6e autea bereia ~iEed i( more tha~ owr.) ' ~~tn~~~ that Jor good and ~~alua6l~ c~onsic~eratio~u, ond also tn co?uiderotion o~ the uggre- gate su??~ namec~ in I~e promissory note oJ euen dale ~ernwilh, hereinu~ter descri6ed, ftie mortgagor ~ere- ~ by gmnls. 6argains. sells, aliens, remises, conveys and conf irms unto Ihe mortgagee all the certnin land i o~ whic~ the morigagor is now seized and in possession siluale in St. Lueie Courtfy. ~ Florida. viz: . I~ r Beginning at the Northwest corner of Lot 241 of WHITE CITY, i according to Sheen's Survey thereof recorded in Plat Book 1, page 23, public records of St. Lucie County, Florida, where the North line of said Lot 241 intersects the East right-of- way line of U. S. Highway No. 1(State Road No. 5), thence run South along the East right-of-way line of said highway a ~ distance of 500 feet; thence East 425 feet; thence North 500 ~ feet to the~;North line of said Lot 241, thence West to the ~ point of b.eginning. r j~ THIS IS A PURCHASE MONEY FIRST MORTGAGE. ~ ~ Mortgagees covenant with Mortgagors to grant partial releases f as~to portions of the above described real property from the, lien~ ! and operation of this mortgage upon the receipt of payments or prepayments of principal amounting to $30,737.70 per acre to be f? released. Provided, however, that no release shall be requested ~~I or granted which would serve to divide the mortgage.security I I encuiabered from time to time hereunder . . ~ ' Mortgagees covenant with Mortgagors that in the event of default ~ in payment of the indebtedness secure~l by this mortgage, that Mortgagors shall look solely to the real property encumbered hereby £or satisfaction, and will in no event seek a deficiency ~ i! judgment from Mortgagors or from anyone holding under them. ; , . ~ ~ << Rec.we~ e ~38z7. d~ In Paymsnt O~ TeeN ~ ~ue On Class "C" Intsrpibispl~rtp~~p~M . ~ ~ ~'u~suent To ChllpLsr 71, 1.~. ~ Q~ 1~~• ~I ROGER POITR~g P Ch?k C~rcuit Court, SL l.~N. Co~,,, ~j, . . ii ~i . 1~ . ~ ~ , -i.-~=-F~=LORiCD~ ~ - ~ o= N u_~ _~-vtEN:ARY~_•; STAMP Tn>. j ~Ef'i. (~F REYEMUE a' . • ' ''C = J.'' -''1t 2 2 5. 0 0~ ~ ~ = P9. - ~ ~ " - ~ j ' o~RK 28~- ~e: 2b'~-_ _ ~ ~ _ i _ _ ~ ~ _ _ - - - _ :~s _ _