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HomeMy WebLinkAbout1291 • -1~ ROBERT F:•IrtcROBERTS,"3t-., ply' • 46239'7 Prepared By: /~ttomsy at lew ~ ' Suih• 31 I, Stuart Nat'I. Bank BId4• ~j, 301 E. Ocean Bottlovard , • ~ ~ ~Y ~ ~ ~ ~ Stuart, Florida 3349f THIS MORTGAG>:, oxecuted th> 9th doy of _QCLnl1Pr , A. D., 19_Z2, by R. Z. A. M., INC., a Florida corporation, a' f.,rrinafter cot{ed ttia Mortgagor, whit!: term shalt include singu{or or plural, cor;,otntion or individual, and eitnsr s>x, and :boll i~;:iu:l~ the heirs, !ego! rapresrntotives, successors and assigns of tie ?Mortgagor, to ~ _ STUART NATIOVAL BA,VK a ~,:,:i^nol ba:s:cing ossaciarion orgonired and exiling under the ISM; of the United Steles M,itb its princ;;,e; plxe cf ~usin>ss in _ Martin County, Flarido, hereincl.er collyd thr Mortg~ger, Hhic1 terr.? sts, tt inauda tsa s•~Cta;on r::1 ~si~;r.S oE•tha said Mortgcgaz. _ V`/IiN~SScTtt THAT, WHcRcAS, the /Mortgagor has received o loan from th3 Morigogee and is justly inde>:+tad t~ do 1 ~.artyogea, which ind-btedness is hereby acknowlydg~d and is evidenced by a crrtoin prom?ssory note dat-_d the 9th uoy of _ (lctnh~r , 19.24_, mode by the Mortgagor end payo5le to the Nlortgogee in thr principal sum of O~IE i~U~3Fn FTF't`Y TH01_1S~~li) Al`1y rIQ lt7n--------------------------------------------_.__...__ Donors (510 ,000.00 ) togethsr with interest os stotrd therain, scid Hold being in standard form and providing, on,or.gg other monthly payments of interest only on sums actually advanced, commencing ~~ber 9 , 197$ an t;,ir.!t~ for amortized payments including interest upon ts> principal tneraof beginning on ihe9th doy of hell 1 ~_~Q, with th> bolonc- of prrncipol and accrurd interest due and poyobl~ on ti:e 9th day of ~iar~h ~ lq 85 ~roriiwn for prepayment, octet>ration of prircipot in th-_ event of d'fa~~lt together with a clause providing for the pnymar+t by t'^~ Mortgagor of ottorn-y's fees, exp~nsss .^,nd costs of collection. Tha provisions of such note, to which r?ferenca is hereit_t mods c,rr by ref-rents madr o part of this instrument os tirougfi the scm> wrre fully set forth he?~in. NOW THij MORTGAGE WITN_SSETtf, that tine said Mortgagor for th> b_ttcr securing of the several sums of rnoncy r,>r.±ione-d in tea said notes does hereby grant, bargain, still, alive, rrrnise, release, COhYay and confirm unto tn> said Mortgogre, i;i tae simple fo-ever, the fo{lowing described loud, of which sold lfortgagor is now seized and possess?d and in octuo{ possauion s''~~ot~, lyilg and being in St . Lucie Covrtr, Starr of Flo?ido, and morn porticulorly destribrd os follows: From the point of beginning, being the Southwest corner of Tract D-1, TAYLOR SUBDIVISI0~3, as recorded in Plat Book 9, page 12, Public Records of St. Lucie County, Florida, go North 17°05'00" !Jest, 186.38 feet; thence go East 261.39 feet; thence go South 00°33'00". East, 80.0 feet; thence go along tlse Northerly right-of-way of Chamberlin $oulevard as shown on the aforementioned Taylor Subdivision Plat, having a chord bearing of South 64°40'23" West, and a chord distance of 229.46 feet to the point of 'beginning. All lying and situate in St. Lucie County, Florida, also being known as the Westerly 261.39 fezt of Tract D-1 of the aforementioned - Taylor Subdivision. - From a point of reference, being the Northwest corner of Tract D-1, TAYLOR . SUBDIVISION, as recorded in Plat Book 9, page 12, Public Records of St. Lucie County, Florida, go East 261.39 feet to thz point of beginning; thenc` go North • 00°33'00" !Jest, 259.86 feet; thence go North 85°39'00" East, 134.75 feet; thence go South 15°49'30" East, 221.0 feet; thence go along the Northerly right- of-way of Chamberlin Boulevard as shown on the aforementioned Taylor Subdivision Plat, having a chord bearing of South 73°21'15" West, and a chord distance of a 200.54 feet; thence go North 00°33'00" West, 80.0 feet to the point of beginning. z All lying and situate in St. Lucie County, Florida. TOGETHEt? WITH all and sinctular the tenements, hereditanants and appurtenoncr.s tts-rcuntcs belonging or i:s any wise c,i~j>s_-rtoir:in,'t and all structures and improvements mow and hsrec'ter on said laid and crll fixivres ottoctied th-veto, tog~thcr witti o!I r~ r:ts, isu-s t-.nd roFits occruin from said remises and all as steam electric water !amble li ti.in rentitoting, hroting P 0 P 5. P 9. g~ ' 7. c: ~d ca0ling sys?ems, whirls Haw ore or may be in or on sold premises t!sough they be detached or detochablc, indudirg but not. 1 I:~:~t-d to ell refrigerators, stoves, ovens, appliancrs and corprts and oli additions, reptacerrents and i:rreas- thereoF h}reofter ~ c_q~irred or lo!ated on the sold premises, and all oHochm-nts and park thereof, and any additions, extensions or bett_rmrnls of, r or to the buildings now or hereoft.t erected on the said premises. TO HAVi= AND TO HOLD the above grant-d premises, with tie aptsurtenonces unto fhe said /~lortgogee, in fee simple Snrrv@f. ~ ox ao~K318 FacE~2~