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~IORTOAO[ D[[O RAMCO'ORM R[[
LONR ?ORN ~ O
63617 4'7~34~
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Executed the day of - ~ . D. 19 by
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L R In PfrynmeK Of Taoatr
hereinafter called the mortgagor, to .
On Class C IManpibb P+srsor~l pnfpph
~ ~ ~ ou~suarn To Chspts? 71. 134. AcM Q11971.
~ ~ ROGER POITRAS ~~c,,o
Cl~r! Chcuit Court, LuCN. Co.e Rr. r~
d ..fi hereinafter called the moNgagee:
~f ~ ~y ~ ~ ~1.0~{q'tr W!'A brKi\ lbf ltfd • s• wed ••mrlj~(Kn iwdwde i[ itie ~rl!!/ a ~ Iw.dU~l~l Itif~tW.1~
4 N ~ri~ RPr!llAtipv!! aMt O~ ~ ~ a~ .11! mCtlYOff aed ifY~r O~ OOf~OrafioM: aRd f~! tlff ' ~O1!•
~ {w iacladea a!! t~ eta ~6ed it mo.e t owe-)
. cr. L-~~ ~ that for good and valuable rnnsidemtions, and also to considemtton o/ the aggro-
' gate sum ed in the promissory note of even date herewith, hereinafter descNbed, the mortgagor here-
_ by ts, bargains, sells, aliens, remises, conveys and conftn~ns unto the mortgagee all the certain Land
which the mortgagor is now seized and in possession situate in St. Lucie CO1'~~•
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THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALANCE
DUE UPON MATURITY IS $28,693.47, TOGETHER WITH ACCRUED INTEREST,
N a IF ANY, AND ALL ADVANCEMENTS MADE BY THE MORTGAGEE UNDER- THE
r ~ ~ TERMS OF THIS MORTGAGE,
THIS MORTGAGE DEED, executed this 13th . day of .EQbrt~ttllry; 1980
by PHILIP 8. AHN, hereinafter called the mortgagor, to WILLIAM
VARGO, JR., hereinafter called the mortgagee;
a WITNESSETH, that for good and valuable considerations, and also
w a c I in consideration of the aggregate sum named in the promissory note
a of even date herewith, hereinafter described, the mortgagor hereby
a ~ grants, bargains, sells, aliens, remises, conveys and confirms unto
v:woa
,:,Uoo~ the mortgagee all that certain land of which the mortgagor 1s now
w H seized and in possession situate in St. Lucie County,~Florida, viz-:
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I; a ~ ~ From a concrete monument at the intersection of the East right-of-wa
x z r'~ - of Florida East Coast Railway and the North line of the North One
H ~ ~ Half of the South One Half of the South One Half of Government Lot 2
~ ~ . Section 12, Township 36 South, Range 40 East, run East 828.78 feet
H ~ to a concrete monument on the West right of way of South Indian Rive
a ,n Drive, thence through a deflection of 114035' 14" to the left- run
L ~ a~w
w w o 171.77 feet to a concrete i!tonument on the west right-of-way of South
~ Indian River Drive, being the Point of Beginning, thence through a
o ~a ~ ~ deflection of 65°07'15" to the left run 250 feet to a concrete monu-
a s~o ment, thence continue on tie same line and run 572.20 feet to a
~ a o o steel rod on the East right-of-way line of the Florida East Coast
~ H ~a Railway, thence through a deflection of 67026'43" to the right run
w z v ~ 104.83 feet to a steel rod on the East line of said Railway, thence
~;`~'0;~ through a deflection of 112°33'17" to the right run 568.11 feet to
k-~c~ a concrete monument, thence continue on the same line and run 250
w A oa, feet to a concrete monument on the West right-of-way of said Drive, _
Stu thence through a deflection of 65024'46" run 106.47 feet to the
Point of Beginning. TOGETHER WITH all 2~4ads lying and being within
v; the Easterly extensions up to the shore line of the Indian River of
~ the North and South lines of the above described real property, LESS
a o o
right of way for Indian River Drive.INCLUDES RIPARIAN RIGHTS 11PPBR-
' ~.Q N~ TAINING THERETO. '
Ems., THIS IS A PURCHASE MONEY FIRST MORTGAGE.
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h E v m Mortgagor covenants with the mortgagee that this mortgage and the
indebtedness secured by same shall not be assumable by third party
~ ~ w w ~ purchasers from mortgagor in the absence of specific written consent
~ ~ of mortgagee and assumption hereof in regular form of law. Any sale
Q O o ~ of the above described property without such written consent and
. i assumption shall be a default hereunder entitling mortgagee to
cn~ ~aeb ~ accelerate payment of any sums remaining due under the promissory
H H ~iO'O ~i
a c~o••+ note secured hereby and to foreclose this mortgage in the absence
H ~ ~p° o ~ of prompt payment.
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