HomeMy WebLinkAbout0790 rpRTOAO[ O[[O , yr~ p/ 11AMG0 ?ORM RN
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Fx~u~Pd ~?~p 25th day o~ June A. D. t9 ?9 by
WILLIAMSON, INC. , a Delaware corporation
hereina(ter ca~~ fhe mortgagor, fo !
WILLIAM E. REUTER and ETHEL E. REUTER, husband and wife
{~ereinaf ler ca~~et~ fhe mortgagee:
(W6erever uxd 6errie t6t uras "mortsa~o~~ aad ••oat~atK" irrlude all tLe partia to ~iia imt+~eN aad d~e ~ein.
{cRal r~preaenu~i~e+ aa! a~s~~m d i~iduah. aad tAe mcce+sors aad ari~~+ o( caP«ation: ud tDe eer~ '•wle••
includes all the sutd berci~ de+criEtd it ao~c t6aa ooe.)
~~tn~e~~ t6a1 ~or good und valua6la~ rnnsic~erafions, and also in co?utderalion o~ fhe aggre-
gale sum name~ in I~e promissory nofe of even c~ate herewilti, hereinafler described. f~e morfgagw ~ere-
by gmnfs, ba~ains, se~~s, a~iens, remises, con~eys anc~ con'irms unlo the mortgngee aII fl~e certuin ~antl
oJ which 1he mortgagor is now seized a~d in pw~ession aitunte in St. LuCle County.
F[orida. i~iz:
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! R.aiwe • sL~L'..°_~ in Paya»n~ a T.~o.s
~ Dw On Clsss "C" Ia~a~pliN hr~on~l h~opNlw
'wtwnt Te Ch~r 7t. ti~ Arl~ q/A1. .
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~ ~ Lots 1, 2, 3, 4, S, 6, 7 and 8 of 81ock 2, of 5~ 2 S ~
~ ~ Model Land Company's Subdivison of Section 15, ,t~if,.'jv.~
; Township 36 South, Ranqe 40 East, as per plat _ _:~pU)
' ~ y,~ ~i thereof o~ file in Plat 8ook 1, at Page A1, of N~ D
; ~ the public Records of St. Lucie County, Florida, ~~~i'~;3
i ; together with improven~ents thereon. EXCBPTFD i~;"'-~
~ i TI~EREFROM, all right8-of-way for public roads N~?(11!
~ i and drainage canals, easements for electric T;c
, transmission and distribution lines, and ease- ~,-~r~~'•
~ t ments for teZephone and telegraph lines; LESS ~ ~
' TNE FOLLOt~TING DESCRIBED LANDS: South 1/2 of
~ ~ the North 1/2 of the NW 1/4, Section 15, Town- ~'~~;~i
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ship 36 South, Range 10 East, St. Lucie County, ~'D~;
Florida. Thie property is also described as: o~~;
Lots 2, 3, 6 and 8 of Alock 2 of Model Land ;
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Company Subdivision of Section 15, Township 3G o=Y~`,~
~ South, Range 40 Fast, St. Lucie County, 1•'lori~f.,, _
E~ as shown in Plat Book 1, page 41.
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~ i~ 71?~ a ~ s o~. f?~.nvf..a~ •v?oa..~ Ff~.sT MoraTi•7,~.
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~ This mortgage is assumable. When this mortgage is assumed by a subsequent
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~ grantee, Williamsot~, Inc. shall be automatically released as to its persona
~ liability-under this mortgage and nott,The new grantee shall be obligated under
~ ~ this mortgage and note as if such grantee were the original mortgagor.
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~ The mortgagee shall release from the effect of this mortgage the entire front
~ footage of subject property under this mortgage to a depth of 400 feet east
~ I~ and west~begining from the wesi right-of-way line of US 1, upon the payment
~ ~tiis cannot be prepaid prior tn ~
~ of $142, 000. 00 of principal under note.
f THIS INSTRUMENT WAS PREPARED BY: Janua~y 1, 1983.
~ RICHARD E. SAIEEBY
~ 359 SOUTH COUNTY ROAD
~ PALM BEACH, FLORIDA 3's480 600K3~ p~E ~
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