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LIFE I N SURA]IVCE COMP~~?NY
~'stadlisked in 18.¢6 ~ar~~ Connec~ic:~t
MORTGAGE
AND SECURITY AGREEMENT
THIS MORTGAGE, made this December 19.79...
-..~---~---:....day of..
by and between
0
0
BLUE THREE GROVES LIMITED, a r^lorida Limited Partnership, ~
of St. Lucie County ~ State of .............Florida hereinafter referred to as the Mortgagor, '
vi; Nether one or more than one, and CONNEC'T'ICUT MUTUAL LIFE INSURANCE COMPANY, a corpora-
tion organized and existing undzr the laws of the State of Connecticut and having its Home Office and post-office address
at 140 Garden Street, Hartford, Connecticut, hereinafter referred to as the Mortgagee, WITNESSETH THAT:
For Value Received, and in consideration o[ the sum of..TWO.. Million Six Hundred Fiftx
........Ths~usarat~..and...--.-.--------=-------.-.-.-.-.------------------------QU./.~,00.--Dollars
'~I ~s__2-, 650x.000.,-00-....) to the Mortgagor in hand paid by the 1~lortgagee, the receipt whereof is hereby acknowledged,
the Mortgagor has granted, bargained, sold and conveyed and by these presents does grant. bargain, sell and convey unto
~ the Mortgagee, its successors and assigns forever, the following described property located in the Count
of......-St.._.Lucie
_ - State o Flon wit.
to
the L~1est 1/2 of Sec . ~ 23, EXCEPTING THEREFROM the
right of way of Central & Southern Florida Flood
~ Control District Canal 24, and the West half of
Sec. 26, EXCEFTI?TG THEREFROM the PJ. 50 ft, thereof;
all in Township 36 South, Ranae 38 East, St. Lucie
County, Florida.
Together with all of the right, title and interest of the Mortgagor in
and to the following described rights of way, easements and the like:
(a) All rights of way for public roads and drainage canals
THIS IS A BALLOON MORTGAGE AND THE FINAL PAYt9ENT
I OR THE BALANCE DUE UPON MATURITY IS $1,409,979.59
s TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL
ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS }
i ~ OF THIS MORTGAGE. -
Continued on Exhibit "A" attached hereto and by this reference
~ made apart hereof.
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: JKit INSTRU~AIE~
A}S PREPI+RED dYl ~M~ ~ ~~aT~
OrrOsq~'~C' /!~rlh/~
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- of MAGUIRE VOORHIS '`~~~`~~~a~
I35 WAIL STREET ~ ORIAtI~p, fCORtDAL 32801
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FLORIDA FL 2~F i-S{ (Carpor~tion~)
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