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Cv~M'N1M 1~/Ivi~l l1AMC0 /OI~M Rf.A!
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~ ~ - 31st ~r of January A. D. ~9 80 br
MOBILE HOME ENVIRONMBNTAL SYSTBMS, INC.
a oorporatton existing wider the laws o/ Florida ,mid having its princt~al play o/ -
bust,uss st
Iwet,a/ter called the mortgagor, to JOHN -L. LESTBR and RUTH W. LESTER, his wife,
and R08ERT R. COX and JOAN P. COX,~his wife
whose i~oeto//%e ~d~+sss `is 2400.12th Avenue, Vero Beach, FL 3296.0
ilentrlajter osTled the mortgagee: -
i ~ ~y `°rlppe" i~drde .Y tie petie: eo this ida.aa ..a 1`e Meiea, - .
,''0`~.diri
°'~a.d.. ~r..~me..n ..a aaisr of ~oroeraoe..; ..a tie ••,,,,e••
ucl.d.e .r tie ..w ?er~ .t .ate t?tr erne.)
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~1J~~ that /or good mul valuable consideration:. and alto - in eorsideratton o/ the aggre-
gate swn named in the pwmis:ory note o/ even date .herewith, kereina/ter desaibed, the mortgagor .hen- _
br grants. bm+gains, cells. aitens. remises. conveps and con/firms unto the mortgagee all ehe chain land
o/ which the mortgagor is now :sized and in possession situate in ~ St. Lucie - County.
- Florida viz: -
Zt~e East orze-half of Sectioan 1, - Zbwnship 34 South, Range 39 East, LESS the North
1069.54 feet thereof, situate, lying and-being in St. Lucie G1o~stty, Florida.
i
with all right, title and interest of nortgagors ~,1-sr Paragraph /of
thggat certain Augm~+~ee~sn off meted Nbv+~t~ber 16, 1970, z~eaorc3~ec~ in O.R. Book 188, Page
pubil~i+~oor,c~s-ot'~t. ~I~ucieL~a
mty, ~ ,and O.R. Book 220, page 784, ~
LESS the following described property = ~e South 40 acres of the above de,.scri.bed
prop~ay • Subject, hQweyer, t4 the east to T4~e Oo~ppolla Y reoo~rded in
. - O.R. Book 309, page 1060, aver which the mortgagors shall retain rights for in-
gress- and egress to the fir; T,g p~,~y• -
-
. , ~n ; . Default on either of the notes secured hereby snail aorLStitube default on the
- ot2~r; and all sums shall. be aovelerated. -
- ~ -
Provicling this mortgage and -the rotes secured hereby are in good standing. mart-
r r gagees -herein agree to x+elease lard froth the lien hereof upon P by mortgagor
° -of a sum equal to 125$ -of the fame amo~mt .hereof, divided by the number of acres
. ~y~.-.
_ raj: _'e
enC hereby, far each acre to be released. All payments made by mDrtgagQr
;1.~, for releases shall be credited t0 the n2Xt naaturlnq insL-alhaent due ruder the
. IDdte3 9eCUr~ed and all pacylnents towards the nrirr~irul of the notes secured -
~ hereby shall be credited to release prives, whether the request far release is
_ = - L zt3de at the time of or sub®equent to such payaent, ~e land released shall be
~ eocttiguous to land previously released and shall be x~ec-tangular with one side rent
o ~ being ]Anger than 150$ of tire other. Upon, suffi,ci~ent payment being made to re-
- lease an additia~al forty (40) acres, twelve additiaral acres shall be released.
..a~; - -
~ ! ~ It is unrlP-rstood and -agreed that ro personal. liability shall be assuRed by ar en-
forced against any mort~ga9or herein ar any maker of the prarassoYy rotes sec.~ured
. _ ~ s = inereby. Tt~e mortgagee shall look sole] to the real
.V~"` satisfaction of nart~gagor's indebtedness under the dory Hates secured by ~
this ge•
~ t
rzi Provided murtgagar' is rot in default in any of the ternns and provisions of this
rn ~ ar the PAY notes sec'ux~ed hereby, imrtgagees, will join in any pia
-ar replats of the Taal property e~ered hereby, and in any easetmxrts for public
ar private utilities, and in a-Yy road dedications necessary for.the of
_-~x.ti~ the real pmoperty ~ered hereby, Provided that none of the cost ar e
- r. - ` ~ - s involved therein shall be .the obligatiAn Of the mortgagees. Any road dedicated
shall-be computed as to act:eage and shall be construed as released pursuant to the
~ 1 'above clause and ooaaput~~3 in the calculaticm of the land to which the mortgagor
-is entitled bo a release. '
' _ !
- - : , : ~ ~ - ZHIS IS A P[~3B1SE NII+~Y iN~rd • l~ S' ~ la ltit~at O! YiiN -
_ ~ _ ~ Dw On t~ "C' inl~ltt~ia /rrswttti 14~1t~
- - _ ~ : ; i : t; r R1gtYlAt To C ~K 71,1!4 A~Ita 01 f
~ t I 110 /~OillllAO
X324 P,~~249~5 , '~'~``~,`s~.~-~,~
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