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HomeMy WebLinkAbout1418 ltwrtTOwa[ oeea / O 4'9528 RAMCO FORM RR6 (O LONG /OA" , f /r .1 ~ j,,= ; Executed the 12th day of March A. D. 19 80 by DEL STROUPE and VERNON R. STEFF~NS hereirtaf ter called the mortgagor, to MARVIN E. MELTON, whose mailing address is: 314 W. Rich Avenue, Deland, FL 32720 hereinajter called the mortgagee: (WberctYr used hercia the tettm "asoet=a~oe~ and "taortsaaee" include aA the oaeties eo thb imW~eat and tic heirs, kRal rcpresenutivea and arum of iadividuab, and the successors and as.ise of coryoratiwt: and t?e terra "note" includes all t4 swtes lercia detcci6ed it towe than oae.) ~t~essedt, that jor good and ualua6le rnnsiderations, and also in consideration of the aggre- gals sum named in the promissory note of even date herewith, hereinajter described, the mortgagor here- by g?ants, bargains: sells, aliens, remises, conveys and confirms unto else mortgagee nll the certnin land of which the mortgagor is now seized and in possession situate in St. Lucie County. I ! Florida, viz: ~ That part of Tract "A", MELTONiS RIVERVIEW SUBDIVISION, ~ as per plat thereof on file in P1at~Book 9, page 43, of the public records of St. Lucie County, Florida, more particularly described as follows: Start at the NW corner of said Tract "A" and run N 90° E along the North property line of said Tract "A", a distance of 162:00 feet to the point of beginning: Thence continue to I! run N 90° E a distance of 167.08 feet to the Westerly R/W of U. S. Highway No. 1 as layed out and now in use, thence run Southeasterly along said R/W being a curve of Radius 3650.49 feet a distance of 83.00 feet, thence run S74°59'13"W E, a distance of 197.97 feet, thence run N2°04'17"W a distance of 129.11 feet to the Point of Beginning. i Being Parcel 3 of an unrecorded survey of said Tract "A". MORTGAGEE covenants to and with MORTGAGORS that he will i subordinate the lien and operation of this mortgage to the lien and operation of .a construction mortgage to be obtained by Mortgagors to finance construction of a building on the above described real property. ` ~ THIS IS A PURCHASE MONEY FIRST MORTGAGE. j; . € RC!'e1YE0 s d 8. v0 iN t*itre~ttT OF TAxq ~•r0 CL'E CY C:.`e5 'C' IKTi.~6 9L£ P-P.SrJ!tiL ?f20PERjryt ~ • fU.~SJ~.YT TO LH~PTz:: 71- '4. AOTS OF 1171. . li~;.ER P;:1(P.AS aFex aacutT couATr sT. tuaE co.. t~~• I i! i. I T~IS INSTRUL7ENT WAS PREPA°ED 8Y a~~327 p~cE14~.7 s ~ FRA\'K H. FFE I1I '401-A SOl(TH IN01~9 iiIYER ORIVE FORT PIERCE, FLO&IDA 334~J