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~o~M RAMCO IOIIM 11ts -
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Ex~ured ~ha 16th day oj July A. D. t9 79 6r
SORRELL I. STRAUSS, TRUSTEE
haretnajler cnl~ecr tl~e mortgago~, fo FRANCIS A. REYNOLDS ~
tieretna(ter ca~~ecl the morfgagee:
,
(W6ne~er wed 6ercia ~Ae ~era~ ~or a~o~~~ ud '•~t~a~ee•• i~chde a8 t?e artia to tin i~str~t a~d tYs ~ein
kE+~ nV~~anuvd aad a~es ~of iad~~ridrab ~sd tic t~cceroes aad ari~~ o( coryoratwn: a~d t4 terf '•wte•t
iorludn all t6e aota 6ere'u de~aibcd it aore tds~ o~e.)
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~~Ine~~~ that /or good and ~al~bl~ ro.~td~~~o~, and also in consideration o/ t1~4 aggre,
gafe sum named in lhe promissory note o~ even c~ate ~erewif~, ~ereinn(ter de:~6.d, f{~e mortgngor ~ere- ~
by grants, bargains, se~~s, aliens, remises, conveys and con~irnu unto the mortgagee a~~ !he cerlnin innd
o~ w~tc{~ Ihe mortgagor is no~u seized and in possesaion situate in St . Lucie Countp.
Florida, viz:
~
Tracts 3, 4, the North Half (N~) of Tract 12, and
Tracts 13 and 14, Block 4, Section 31, Tawnship 36
South, Range 41 East, Plat No. 1, ST. LUCIE GARDENS, '
a Subdivision as per Plat thereof, recorded in Plat ;
Book 1, Page 35, of the Public Records of St. Lucie '
County, Florida. t
. ' F 4 ! 1
! ~ ` .
THIS IS A PURCHASE MONEY SECOND MORTGAGE.
~
I Provided this mortgage is in good standing and not in
!i default, mortgagee agrees to release tracts of five (5) ~
acres upon ~he payment of $7,000.00 per acre. All nay-
ments for partial releases and all prepayments shall be
' ~ applied to the next annual installment of the principal. `
' ~ Releases may be requested at any time after they have ,
; ; been earned and need not be requested at the time of pay- ~
~ ~ ment therefor. Releases shall be in the order as indicated
~ ~ on the attached plat, marked Exhibit A. ~ '
The Mort shall for the aration of all des ti~ons of laond •
~ to be released and £ar~the oost of
preparation, e~ecut oc~and reoording
` of all partial releases af t~is m~rtg,a9e.
I'
R~~ v" in Payment Ot Tuces
I;
~ Due On Clap "C' iMan~ibN P~so1w1 Pro~ttlr•
Purwant ?o Ctwow Ti.1l~{~ AM Of 11'11. C
1106~A /OIIM~
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