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Home My WebLink About0231 4'~23~~ ~ ~ ~ . D-432 ~1 r~a ~tottrawos ns~u, mae. aoa .s.ouc.a u~. 4th d,~ o~_ October~~ ~078 by..._.._.GRANADA ,CAPITAL„~.~S; A ~,,,~a„Panama, corp_oration_ .............__,w...,,.._....:._.........._._... ti~nlnatt~r cWed tlis ~[ort~asor. whlcb term sh~ll fnclude tt.e h~ira~ le~al repreaentatlvei, succeuon and asslgn~ ot t!?~ said ~[ortsasor wb~r~v~r th~ coatext ~o requi~ oe admlb, to...........DEWEY PROPERTY CORP._......_.._ . . _ , ~rft:~.~-'~t!i'.~/!~:t.~~a.... ~o S.:.~. ~.~t tA .~),~1- ~ioGT~ b~rNaafter called th~ ~ortsa~N. which term shap lnclud~ the hefrs. leeal repreaentaUvea. ~ucceawrs ar?d assi~u d th~ Wd li[ortsas~e wl~r~v~s tb~ context ~o raqutre~ or admlt~. WTPNS$SE7'~I: Thst tor dlven ~ood and valusbk conslderatlons, and alao in consldenUon of the ag~ra ~at~ ~um named fa the promuwry aota o! ~ven dat~ her~wlth h~sefnatter deaerlbed, the sald Mortsasor doe~ ! hereby ~raa~ Du~ain. ~eU, alien, remise. relea~e, Coavey and confirtn unto tde said Mortgages, his hefrs. succsaaora ~ and wtpu. ~11 the certain pteca.... p~rceL... or tract... of land. ot which tbe uld Mort~a~or t~ now s~ized and ~ pw.e,.ea ana fa accua! pwses.lon. a~cwce 1n cne councy oL..... St Lu c i e ~ ._.~...........~nd Stat~ ot P7ori d u tollows: The South 464.92 feet of the North 1785.84 feet of fractional section 2, Township 37 South, Range 41 East, being a tract of land located partly in Government Lots 1 and 2 and 3 of said Section 2, extending from the Atlantic Ocean to the Indian River, having a frontage on new State Road AlA of 500 feet, mo~ or less, less AlA right of way. TOGETHER with all riparian rights and littoral rights thereunto belonging or in anywise appertaining. TOGETHER with all oil and mineral rights and further to- gether with all rights, if any, reserved to the center of any adjoining roads and/or highways and together with all improvements thereto. If mortgagor is not in default under any provisions ofthis mortgage, partial releases may be obtained on the schedule below. For purposes of such partial releases, the shoreline shall be deemed parallel to the centerline of State Road AlA. i ~ 1) Upon paS~ment or prepayment of all principal of and interest due on ~ Note No. 1, there shall be. a simultaneous release.of a strip of land measuring 100 ieet along the shqre lir~e from the S outh of the sub,ject property running from the Atlantic Ocean westerly to the Indian River. 2) Upon payment or prepayment of all principal of and interest due on Note 2, there shall be another simultaneous release of a strip of land ; measuring 100 feet along the shore line contiguous to the property ! released previously. j 3) Upon payment or prepayment of all principal of and interest due on ' Note 3, there shall be another simultaneous release of a strip of land ~ measuring 50 feet along the shore line contiguous to the property released ~ previously. ~ ' TO 8I?V~ AND TO AOLD t6e wne, toaether arith all and iingulat th~ tenemenb, heredltamenb and a~ pu:t~nancea tbereunto balonging or fn aaywise appertalNng aad the revenioa and rever~ion~. nmatnder aaa nmaindera, renta, tasuea and proflb thereo! and also all th~ esta?e, rf(~ht, Utle, lnterest~ property. poa~eastooo. ~ daim and demand what~oever ai wail in law as in equity of the Wd Mort~agor la anA to the sams aad every part ~ and parcel thereof unto the said Mortgagee. and hb heirs, auccesaon and aasi~ns !n fee simple. ~ And said Mortgagor, tor hlm~alt, and hls he1n, lesal npreaentstlve~, succeseors and aaelgna, hereby coven- ~ . anU with satd Mortgagee. hia helra, leaal npreienudves, aucceason and asaigns, that aald Mortgagor b Inds~ ~ teasibly iefzed of aald land in tee atmple; that th~ ~ald Hort~asor hai full powar and lawful rfght to convey ths ~ ume ln fee ~lmple u atonsaid; that It shaU bs lswful for said Mortsages. his heirs, legal npreaentatlvee, ~uo- ce~sors and aasigru, at all times peaceably and qufeUy tq enter upon, hold. occupy and en~oy sald tand and evee7 } part thenof: that ufd land b free from all lncumbraace~; that uld l~ortgagor. hli heirs, legal representaqve~. . ~ ~ successon and asnigns, will make such further aasurances to perfect the fee rimple dqe to u!d land 1n iald ~ Hortgsgee, hl~ hefrs. 1ega1 representatlves, succeasors ~nd assigns. as may reaaonaDly be requfred; and that safd ~ f ~ Hortgagor does hereby fully warrant the tttle to aalA l~nd and every part thereof and wW defend the ssme agasnst ~ - ~ the lnw~tul claima ot ali persons whomsoever. g PROVII)ED ALWAYB, That If sald Mortgagor shall pay unto the sald lriortgage~ the cerWa promiisor~ E. ~ note, ot w?hlch tne tollowing In word~ aad tlsures 1~ a trus copy. to-wit: ~ i~ / ~ ; ~ ~ i ~ 1 IMo~hrod ~ 7.} In p~1T'~sr~t 01 Tt~oN ,~~7\ ~ ~ Ous On Clsss ••C•• Imanp~lsPsrsaw{P~rop~rt~l. ~ Purwant To Chaptsr 71, 134, Acts Of 1971. Thts (nstrume7~t waS prepared by '1YM, a. OUGHTERSOf~L Attorney ~ R R ~~ER P~~ ~ : - Or,zv~er $6, OuAhtcrson Bidg. 3 ~,o~2y7 0~ 231 ~~~~.~.~..~..A.. , .~ti ~ ~ _w _ ~ - _ _