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HomeMy WebLinkAbout1878 STATE OF FLORIDA - ~ 8''IO I / MORTGAGE ~ ~ THIS MORTGAGE DEED, made the .................f .:..................day of..... ,I a114 a ~'y................19...7 ~ between ,r- JAMES L. PAXSON ~ ~ : L)Q~:~.MEN?AR" __i_ i?_, i:_ • ! whose post nice sddtesa is....P.....O....Draper..1.02Q...F.ort..P.i.er,c~...Florida..-..3~345Q sod all other persons esecutiog thi: mortgage, hereinafter nikd "mortgagor; ' and ...The..Equitable.•L,ife Assuxan~e..Saci~~t~t..Ai.tk~e . U?:~i,~.~~..~tatg~ a cotpoatioo, orgaoined aad ddsting under the laws of.........New..Yoz'k hav' its principal o6roe acrd post oBxe address at 1283 Avrnue of the Americas, New York, Neer York -10019 hereinafter alkd "mortgages": WIITJESSSfH, WHEREAS, the mortgagor is justly indebted to the mortgagee in-the sum of .Eat1r..Iitu~r~d.F.~ty..~hS?uS~a... aid, no./100...-........-......-.........- DoWrs (~5D,•OA4..OQ, and has to pay the same with iaterest thereon according to the terms of a certain note or obligation bearing even date hettwi rproviding for. the p~aymrnt thereof in instalments, the last of vrhich is due and pgabk the stet aay of..........~.uly 19.9?.. MOW, THEREFORE, in consideration of said indebtedness, and for the purposes of securing the payment m the mortga¢ee of the same, and to secure the ormance of the covenants and agreements hereinafter expressed and also in consideration of one dollar in hand paid the mortgagee, the receipt whereof is hereby acknowledged, the mortgagor has granted, bargained, sold and conveyed unto the mortgagee, and its successors and assigns, the follovnng described real • 490.8 St Lucie estate, containing aues, more or less, situate ~n the County of..:....... and State of Florida, described as follows: Blocks 15, 16 and 17, AGRICULTURAL PLAT OF FLORIDA MAID CITRUS GROVE, a/k/a AGRICULTURAL PLAT OF FLORIDA MAID CITRUS, a/k/a AGRICULTURAL PLAT OF FLORIDA MAID CITRUS GROVE, according to the plat thereof, as recorded in Plat Book 13, page 1, of the Public Records of St. Lucie County, Florida. TOGETHER WITH right of way for ingress 1 and egress to said lands from Minute Maid Road as in O. R. Book 69, page d a ~ 2, and O. R Book 39, page 339, thence North .along the East line of Sections ~ 30, 19, 18, 7 and 6, of Township 34 South, Range 38 East. ALSO: Easements or irrigation and drainage as particularly described in O. R. Book 91, pages 368, 385 and 389 of .the public records of St. Lucie County, Florida. a° ~ E s _ ~ ALSO: 1 Worthington 15" turbine pump Serial No. 15496. and ~ US Motor, 100 H. P. Electric, Serial No. 1357195 and ~ All underground irrigation pipes and risers. s ~ This mortgage and the debt secured thereby is subject and subordinate bnly ~ ~ ~ o a mortgage assumed by mortgagor encumbering the identically above de- scribed real and personal property which mortgage is for the sum of i ~ 450, 000.00, dated June 27, 1977, recorded in O. R. Book 270, page 1936 rem Paul H. Leffman and wife to the mortgagee hereunder. TO HAVE AND TO HOLD the same, together with all and singular the tenements, hereditamrnts and appurtenances } thereof, including all 6ztures now or at any time hereafter attached to or used in any way in connection with the use, opera- te tion aad occupation of said premises together with all the estate, right, title, interest, property, possession, cWm and demand whatsoever as well in law u ~n ccjuity of the said mortgagor of, io and to the same and every part thereof unto the said mort• gagee and its successors and assigns forever. Provided always, and this mortgage is ypon this express condition, that if mortgagor shall pay the note or obL'ggaattion hereinbefore referred to and the indebtedness evidenced thereby, and all other smog secured ~j this mortgage, and sFiall fully do, perform, comply with, and abide bar all the rnvenants and agreements of said note and this mortgage, then these presents shall be void. and the estate hereby gcan~ed shall cease and determine, and the mortgagee will execute and deliver to the mortgagor a suitable instrumrnt to rnabk the mortgagor to cause this instru- went bo be discharged of raord. It is agreed, however, that all ezprnses incurred in egating such discharge shall be borne H 67 ~8~• s~~K 301 ~~~F 1873 a~~ ~ ~ x "t _ < _ t-_ ;