HomeMy WebLinkAbout1116 . ~ ~~9~i1 ~b '
~notn ~U ~en ~p ~fjcgc ~regentg,
~at. L. R~I.PH P()PPELL
of ST. L[~IE County. State of Florida, hereinalter called ehe mortgagor, which
tum shall be consaued to include the hein. executon. administraton~ wccason and assigns of the matgaga
as the ountext may require~ do hereby grant. barga(n~ sell and convey to John Hanoock Mucual Life Insur-
ance Compaay, a corporation agantzed and existing under the lar+: of The CommonWealch of Massachusetu,
having iu Home Office in Boston. Suffolk County. Masuchusetcs. hueInaf[er called the matgagee. which
term shall be consaued to include the succusors and auigns of che mortgagee as the ooncext may requlre.
the tollowing dacrtbed real escate with all buildings and improvernents now or hereafcec erected thereon~
situated in S`r. I~)CIE Councy~ Sace of Florida~ to wi~
PARCEL 1: The East 3/4 of the Northeast 1/4 of the
Northwest 1/4 of Section 3, Township 34.South, Range
39 East.
PARCEL 2: The Southeast 1/4 of the Sou~heast 1/4 and
the South 1/4 of the Southwest 1/4 of the Southeast
1/4 of Section 4, and the North 1/2 of the Northeast
1/4 ~f SP~t i c~n 9: al l i n Tc~wnship 34 Soi~t-h s RanQP 39
East.
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PARCEL 3: That part of the.West 1/2 of the Southwest ~
1 4 of Section 32 1 ing West and North of Okeechobee
a ~ RoaB (State Road 70~, less and except the North 43 + ~
feet thereof; that part of the East 1103 fee~ of the
S~ s ~ East 1/2 of the Southeast 1/4 of Section 31 lyin
~ ~ North and .West of Okeechobee Road (Sta~ Road ~0~, . m
less and except the North 43 feet thereof; the. North i~~ -~3r'!
o ~ 1065 feet of the South 1108 feet of the East 1190.94 ~ z-f;
, " ia feet of the Southeast 1/4 of the Northeast 1/4 of
~~a ~ Section 31; and the East~30 feet of that part of the {
~ T ~ Northeast 1/4 of Section 31 lying South of Canal No. -r.-.~<-
58 of the North St. Lucie River Water Control District; ,'•:.=-u~`
x all in Township 35 South, Range 39 East. T~;
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~ ~ LESS AND EXCEPT rights-of-way for drainage canals of ' (~j
' the ~North St. Lucie River Water Control District, ~~-.i ~
~ d ~ former ly t he Nor t h St. Lucie River Drainac~e Dis tric t, ~ lf~,;
and the Fort Pierce Farms Water Control District, l'-~
formerly the Fort Pierce Farms Drainage District, and
rights of way for public roads. o:-'_;
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j together with all and singular the easemenu, tenements. hereditamenu. appurtenances and other righu and
; privileges thereunto belonging or in any wise now or hereafter appertaining, and the rents. issues aad profiu
~ thereof; and togethu with all apparatas and fixtures now or hereafcer erected or placed upon said rwl escate
~ ~ or used in connection thetewith. whether ot not the same have or would become parc of said real esute by
~ attachmenc thereto, all of which shall be considered as annexed to and forming a part of rhe freehold hereby • ~
~ morcgaged; all of che foregoing is hereinafter refetred to as the premises.
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~ TO HAVE AND TO Ht7LD the above granted prem;ses to and to the use of tne mortgagee. its successors
~ and assigns. forever.
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~ THE MORTGAGOR HEREBY COVENANTS With the mortgagee that the matgagor is indefeasibly seized
~ of the premises in fee simple and has full power and lawful right to sell and convey the same, that said ptemisu
~ are free aad clear of all liens and encumbrances except as herein otherrrise recited, and thac the matgaga
~ r+ill make and execute such furthet zuurances to perfect the fee simple tide to the premises in said mortgagee
n as may reasonably be required; and the mortgagor hueby fully warrancs the title to said premises and covenanu
- to defend the same against the lawful claims and demands of all persons.
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~ AND THE MORTGAGOR HBREBY COVENANTS AND AGREES:
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~ 1. That this mortgage is given to secure the perfamance and observance of the terms, covenants and
° agreemenu huein oontained and the paymen[ of an indebtedness in the ptincipal sum of F'~ H[~IDd2ID
~ TIIJ THOU.S~ID and 00/100 Doltars (i610, 000. 00 ) r+ith ineerest thueon according to the
~ terms of a certain promiuory note of even date huewith, executed and delivered by the mortgagor~ payable
~ to the order of said John Hancock Mutual Life Insuranca Company at iu Home Office in Boston, Massachusetts~
~ or at such other place as the mortgagee may from time to time designate. with principal and interest to be
~ paid as specified in satd note, final payment o( said principal and interest, if not soonu made. to be due and
payable on the first day of Jatlu3Ly , 1999, and wich interest at 15 per centum pu annum while any
default exisu in making payment as afocesaid or in che performance or observance of any of the tums. oove-
nanu or agreemenq contained hecein or in said note or in any insuument now or hereafter evidencing a '
securing said indebtednes~ and that, r+hile any such default exisu, the holder of said note may apply payments 's
~ recefved on any amounu due under said note or to fulfill any of the terms, covenancs a agreemena oontained ;
~ herein or in any insuument now or hereafter securing said indebtedneu as said holder may ~etermine, f
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