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STATB OF FLORA y t ' l '
ct~nty~f..~7~r...~.V.~~.~....... MORTGAGE
THIS MORTGAGB DEED, made the............3rd .........................da of....... Nove?n2?er._,.„.,,,,,.,.t79..... between
DA,'VFORTH K. RICHARDSON and MARJORIE H. RI~HARDSON, his wife; GEORGE A.
KAHLE and SANDRA R. KAHLE, his wife; JOHN M. LUTHER anu ivANCY R. LUTHER,
his wife; SUSAN K. RICHARDSON; WILLIAM E. HARRIS; TOMAS RENE PEREZ; and
EDWARD W. EASTON, all d/b/a WESt'WOOD GROVES JOINT VENTU
w-iiiie poY addteas ~s....#'s...S?r....$Ox...370....-...V~Y'4...~~~~~,....>l..p~3.da...~~2 .Q
and all other petwas exentting this mortgage, hereinafter tilled "mortgagor;' and .....THE,. EQUITABI,E,,,L~FE,,,,,,
ASSURANCE SOCIETY OF THE UNITED STATES,
a aotpoution, organized aad existing under the laws of ...............NEW YORK
having its principal otfiae and post o6xe address at 1285 Avrnue of the Americo, New York, Neer York 10019 hereinafter
alkd ••moct8a8a••:
,WHEREAS, the wort cis justl indebted to the mortgagee in the sum of. Sao Million
Six Hun re Twenty-five housan and 00/100
2 625 ,000.
Dollars and hu asggreed to pay the same with interest thereon ucording to the terms of a certain note or
obligation beuing even date hertwith, providing for the payment thereof in instalments, the last of which is dne and
payable the first day of.......~7r~t~~~~ ~g4...2 Q 0 0 .
NOW, THEREFORE, in consideration of said indebtedness, and for the purposes of securing the payment to the
~dgagee of the. same; and to accrue the performance of the covenants and agreements hereinafter expressed and also
in toas~detttion of one dollar in hand paid by the mortgagee, the raeipt ~rhereof is hereby acknowledged, the mortgagor
i has granted, bargained, sold and conveyed unto the mortgagee, and its successor and assigns, the following described teal
956 5 St Lucie
estate contai acres, more or less, situate in the County of ..............s and State of Florida,
i mng
daarbed as folbws:
c
Blocks 1 through 66, inclusive, and Reservoir Parcel, ~
~ being all of the real property comprehended by the plat
of_Bel-Air Groves, as recorded in Plat Book 14, page 11,
of the public records of St. Lucie County, Florida, said
plat being of real property more fully described as follows:-
I
The East 1/4 of Section 10; the East 1/4 of the North 1/2
of Section 15 , LESS the South 30 feet thereof ; that part of'p~ s ~
Section 11 and the North 1/2 of Section 14 lying West of the4
following described line:
~
Begin at the Southeast corner of the West 3/4 of the North ~
1 2 of Section 14 thence run Northerl a distance of -
/ Y -
7,962.35 feet, more or less, to the Northeast corner of
~ the West 3/4 of Section 11, excepting therefrom the South ~ ~ .
30 feet of the aforesaid North 1/2 of Section 14, all lying
and being in Township 34 South, Range 38 East, St. Lucie
.t A
County, Florida. -
mhe Mortgagors, Danforth K. Richar_~son and Marjorie H. Richa~~~t~n,
his wife, covenant to and with Mortgagee that they will not reduce
their combined ownership in and to mortgage security below 51$ of
total without consent of Mortgagee first had and obtained.
(DESCRIPTION CONTINUED ON ATTACHED HERETO AND MADE .A PART HEREOF)
TO HAVE AND'PO HOLD the sane, together with all and singutu the trnemrnts, heteditamrnts and appurtenances
thereof, including aU fixtures now or at any time hereafter attached to or used in any way in connection with the use, opera-
tion acrd occupation of said pranises together with all the estate, right, title, interest, Property, possession, claim and demuid
whatsoever as well in law as in equity of the said mortgagor of, in and to the same and every part thereof unto the said mort-
gagee and its wccesson and assigns forever. Provided always, and this mortgage is upon this txpTess condition, that if
mortgagor shall pay the note or obV"gation hereinbefore referred to and the indebtedneu evidenced therebJ, and aU other
sums seemed by this nartgagc, and shall fully do, perform, comply with, and abide by all the covenants and agreements of
said note and dos mortgage, then these presents shall be void, and the estate hereby granted shall cease and determine, and
the mortgagrn wiU exocute and deliver to the mortgagor a suitable instrument to enable the mortgaggoor to cause this instcu-
meat tD discharged of rocord. It is agreed, however, that all exprnses incurred in eOe~in¢ such drschac~ s1aaLL be Mrnr,
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