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HomeMy WebLinkAbout1973 ttowTOwas oiso ~~tvaSS'3 ww>ACO t*owrt w>ts LONG IOaY ' t t•(~ ~ ~ Executed the 6~ day of December A. D. ~9 79 6y JEFFREY S. FIRST, individually and as Trustee, hereinafter called the mortgagor, to ' L~' J. ELVIN RING and HELEN 8. KING, his wife 1T hereinafter cared the mortgagee: (1YAeterrr uxd he?eis tLe Ierr~a~or~~ eat! "taortaatie'~' iatlude aM t?e partiq b tit iartntseat aad tLe reins 1gn1 repeesentatives aad a~w o(aurdividYah~aad the tmc+oeuon and aawt•e o! carOoratioae; aad t\e terra "note' inrlude+ all ttte aotn 6eieiadeecribed i( taote we.) ~l~~~r that for good and valuable coruiderotions, and also in conslderafion of the aggre= gate sum named in the promissory note of even date herewith. hereinafter described. the mtxtgagt» here- by grants, ba?gains, sells. aliens, remises, conveys and confirms unto the mortgagee all the certain land of which the mortgagor is now seized and in possesston situate in St . Lucie County. Florida, viz: PARCEL I: That part of the_SW l/4 of the NE 1/4 of the SW 1/4 of Section 17, Township 35 South, Range 40 East, which lies South and East of the South right-of-way line of the Okeechobee Road and is bounded on the West by 35th Street, on the South by Rose Avenue, and on the East by Lot 1, of Block 1, of WESTWOOD MANOR, as per plat thereof on file in Plat Book 6, `.,i,~ at page 26, of the public records of St. Lucie County, Florida. ~c~~ PARCEL II: All of Lots 1 and 2 and that part of Lots 3 and 10 r ~ T3r: described as follows ~.7 1: Commencing at the Northeast corner of Lot 3, run South- :::T!-~ ~ westerly along the North line 19.6 feet to the point of 'Y~-~ ~ beginning; thence run Southerly 181.9 feet to the South :lift i -r ~ line of Lot 10 at a point 52.1 feet from the Southeast ,I t , {=~-.',~„r corner of said Lot 10; thence run West along the South line of Lot 10 a distance of 50.9 feet to the Southwest ~ corner of Lot 10; thence run North along the West lines - of Lots 10 and 3 a distance of 151 feet to the Northwest v+ '-~i corner of Lot 3; thence run Northeasterly along the o Northerly line of Lot 3, a distance of 47 feet to the ~ i - 4 point of beginning; all lying and being in Block 1, WESTWOOD MANOR, as per plat ~ ii thereof on file in Plat Book 6, page 26, of the public records of St. Lucie County, Florida. ' LESS and EXCEPT the right-of-way .for Okeechobee Road (S.R. 70). 1~ SUBJECT TO reservations, restrictions, easements and rights-of way of record. ` 3 ~ THIS IS A FIRST PURCHASE MONEY MORTGAGE. ~ + l RECEIVERSHIP CLAUSE: In the event of a default hereunder, ' Mortgagee shall be entitled, as a matter of strict right, without 1~ notice and ex parte, and without regard to the value or occupancy of the security or the solvency of. mortgagor or the adequacy of l the above-described land as security for the aftermentioned } promissory note, to have a receiver appointed to enter upon and , t take possession of the above-described land, collect the rents and f profits therefrom and apply the same as the Court may direct, such j receiver to have all the rights and powers penaitted under the ' ~ laws of the State o€ Florida. 4 L.L.- : In Of Tar ~ ~ Ow On C1us "C" intanEiDiti ParsOrtN ~rAM~ ' ?wwwrtt To Chapter 71,134, Acts Oi 111. j ROGER PORRAS ~ ~ a1Mlt Ciroult Court it. Lttoigr O0. ~ r BUOK321 ~A~F197~.