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ro~TOwa~ ocsoTHIS IS A BALLOON I10RTGAGE AND THE FINAL PAYMENT •
~o~. ?o~MOR THE BA NCE DUE UPON TURITY IS S69 990. 24'wMCO ~owM wss
MORTGAG~ UNDER THEVT~RMSTOFETHf3FMO~~AGE.ALL ADVAI~ICEMENTb~: MADE BY TH
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FX~u~ed ehe lOth ~ aQy o~ July A. D. tq 79 6y
JAMES E. HATFIELD
hereina~fer ca~~c~ t{~e morfgagor, fo
INDIAN RIVER GARDENS, INC., a Florida Corporation
hereinaJter callecl the morlgagee: ~
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(WAemef wed 6enia tbe term~ ma aad "mortR~see^ iaclude dl t6e partia to tlw inw~e~t ud tie ~ein,
kR+l represeonu~ra aod a+~~m ~o~f ~~~~4. ud t?e w~ceen~s asd aniRn ot c«yaatior; ud tAe tt~t ••~ote••
iacludes all tht aotes 6erei~ de~cribed i( more tha~ oae.) . f
~`t~~~~ ~hat for good und valua6le c~onsidemtions, nnd also tn coruiderntion oJ the oggre-
gate sum -named in Ihe promtssory note o~ even ~/nte herewif~, hereinajter described, f~e morlgago~ here-
by grants. 6a?gains, sells, aliens, remues, convey~ and con~irms unto tf~g n~ortgugee all lhe certoin land
a~ w~ich fhe mortgaflor is now seizec~ nnd in possession situafe in St.Lueie Co~hi•
F[or~da. viu
South 150 feet of Government Lot 4, lying East of
South Second Street in Section 10, Township 35 South,
Range 40 East all lying and being in St. Lucie County,
Florida.
This is a Purchase Money Third Mortgage and is subordinate
and inferior to that certain First Mortgage executed by
y Alfred J. Horowitz and Linda H. Horowitz, his wife and Marty
G. Horowit~, a married man and Marsha Horowitz, a single adult
~i in favor of First Federal Savings and Loan Association of-
Fort Pierce dated October 11, 1976 and recorded November• 2,
1976 in Official Records Book 259, Page 1459 of the Public
Records of St.Lucie County, Florida in the original amount
of $65,000.00, and that certain Second Mortgage executed of ,
~i even date herewith by the Mortgagor to Florida Bank at Fort
+i Pierce in the original principal amount of $28,749.35. Any
~f default under the terms and conditions of either of the above-
~ mentioned mortgages shall constitute a default in this mortgage
~ and the promissory note secured hereby and the Mortgagee herein
F f may accelerate all payments due under this Mortgage.
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~ p~~ g ~ in PaYR?ent Of Taxss
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~ ~ Due On Ctass "C" lntanpible Penone~ ProPO?N.
~ vurauem To Chapter 71. 134. Acts Of 1871. ~
~ ~ ROGER POITRAS ~ ~
~ ~ C1~.t Cl?euit Coun. St. Lucie. Co.. FI~. '
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