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INDIYIDUALS 446bi6~ ~
MORTGAGE ~
THIS MORTGAGE. dated ths 4th day oi June A. D. 19 79 . by and
~cwee~ RICNARD D. SNEEQ, JR. and MARTHA SUE SNEED, his wife
hereinafter called the Morteagors. and PORT _ST. LUCIE BANK, POr't St, LuCie Florida.
a state banking association under the laws of the . hereinafter called the Mortgagee,
WITNESSETH, that tor divers good and vatuable wnsiderations, and also in consideration of the aggregate sum named in
the promissory note hereinafter described. the said Mortgagors do hereby grant, bargain. sell. alien, remise. release. convey and
coniinn unto the said Mortgagee. all that certai~ piece. parcel or tract of tand of which the said Mortgagors are now seized and ~
possessed and in actual possession, situate in the County of St L uc i e and State of Florida, described as tollows: ,
Beginning at a point on the South boundary of Lot l, Section 15, Township 35 South,
Range 40 ~ast,~where said South boundary line intersects the waters of Indian River;
thence run West 8 chains and 44 links, more or less, to the 'right of way of Florida
, East Coast Railwa~y; thence Northerly along said Railwa~y right of way 4 chains a~d 85
~links more or less, to what is known as the "Budd Place"; thence North 88 degrees, 5
minutes East 7 chains and 56 links, more or less, to the Indian River; thence Southerly
along the water of Indian River 5 chains and 33 links more or less to the Point of
beginning. Together with riparian rights. Said lands contain 4 1/3 acres more or less
EXCEPT, however, from the above described tract of land, the North 100 feet thereof,
which was conveyed by Eugene Hartman to Mason M. Crozier on July 19, 1913 and recorded
in Deed Book 16, page 309, on September 20, 1913.
LESS AND EXCE~T THE FOLLOWING PARCELS:
8eginning at a point on the South Boundary of Government Lot 1, Section 15, Township 35
South, Range 40 East, where said south boundary line intersects with the Easterly right
of way of the Florida East Coast Railroad, said point also being the Northwest corner
of Lot 1, Mdrew ~ Co.'s Subdivision as recorded in Plat Book 1, page 33, St. Lucie
County, Florida; thence run Northwesterly along the East right of way of the Florida
East Coast Railroad, 21,10 feet to a concrete monument, thence East and parallel to the
North line of said Lot 1, Andrew & Co.'s S/D 239.48 feet to a concrete monument; thence
Northeasterly 147.27 feet to a concrete monument; said monument being 37.85 feet North-
westerly of the North line of said Lot l,-Andrew b Co:s S/D as measured along the West
right of way of Indian River Drive; thence East and parallel to the North line of said
Lot 1, Andrew & Co.'s S/D to the West shore of the Indian River; thence Southeasterly
along the said W~st shore to the North line of said Lot 1, Andrew & Co's. S/D; thence
; West to the Poi nt of Beginni ng, LESS ri ght of wa~y for Indi an Ri ver Dri ve~.
; Beginnirtg at the Northwest corner of Lot 1 of Andrew and Co.'s Subdivision as recorded
; in Plat Book 1, page 33, of the P~lic Records of St. Lucie County, Florida; thence
; Northweste rly along the East right-of-way of the flarida East Coast Railroad, 21.10 feet,
€ to a concrete monument, said Point being the Point of Beginning; thence continue along
~ the said East right-of-w~y, 5.27 feet, to a point that is 25 feet North o# and at right
~ angles to the North line of said Lot 1; thence run East and par~llel to the North line
s of said Lot 1, 149.68 feet; thence run South 5.00 feet; thence run West 148.00 feet, to
e the Point of Beginning, all being and lying in Government Lot 1, Sectior, 15, Township
~ - ` 35 South, Range 40 East, St. Lucie County, Fiorida.
- ti
_L This instrument prepared~by: Jo Anne Honkonen
Port St. Lucie Bank
900 E Prima Vista Blvd, Port St. Lucie, FL 33452
s Together with alt structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents,
~ issues, proceeds, and profits accruing and to accrue from said premises, all of which are included within the toregoing description
~ and the habendum thereof; also all gas, steam, electric, water and other heating, cooking, refrigerating, lighting, plumbing, venti-
lating, irrigating, and power systems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter per-
~ tain to, or be used with, in, or on said premises, even though they be detached or detachable.
~ TO HAVE AND TO HOLD the same, together with all and singular the tenements, herediatments and appurtenances thereunto
~ Celonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rents, issues and profits there-
~a of, and also all the estate, right, title, interest, homestead, dower and right of dower, separate estate, possession, claim and
demand whatscever, as well in law as in equity, of the said Mortgagors in and to the same, and every part thereof, with the
~ appurtenances of the said Mortgago?s in and to the same, and every part and parcel the~eof unto the said Mortgagee in fee simple.
4 And the Mortgagors hereby covenant with the Mortgagee, that they are indefeasibly seized of said land in fee simple: that
~ they have full povrer and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the MoRgagee,
` at all times peaceably and quietiy to enter upon, hold, occupy and en.oy said land, and every part the~eof; that the land is and
- wili remain iree from all encumbrances; that said Mortgagors will make such further assurances to prove the fee simple title to
~ said ~and in said Mortgagee as may be reasonably required, and that said Mortgagors do hereby fully warrant the title to said land.
and every part thereof, and will detend the same against the lawful claims of all persons whomscever.
~
~ PROVIDED, ALWAYS, that if the MortgagArs shall pay unto the Mortgagee the indebtedness to Mortgagee in the principa~
sum ot E~.Q~~~~ as evidenced by that certain promissory note oi even date herewith, executed by ~$rd D_
Sneed, a~l^, and Martha $UE Sneed and payable to the order of MoRgagee, with interest and
~ upon the terms as provided therein, the tinal maturity date of which note and of this mortgage being JU~Y ~
~ 19~2~~4 , which note provides that all instalments of principal and interest are payable at the oNice of payee,
~ Port St . L uci e , Florida, or at such other place as the holder may designate in writing. and that each maker and
k endorser agrees to pay all costs of collection, including a reasonabte attorney's fee, upon default in the payment of said note,
and that if default be made in the payment of any instalment thereunder and that if such default is not made good in accordance
~ with the terms of said note, that the entire L~ ~rr ~~•O
~ F~~o~.E 3~~ . ac_