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WRAP-AROUND 4ORTGAGE DEED
THIS A1ORTGAGE INDENTURE, executed this ~7~1. day of
Jte~r~. 1980, by EDWARD F. LUSCINSKAS and ELIZABETH
A. LUSCINSKAS, his wife, of the County of !'Martin, State of
- Florida, hereinafter called the 'tortgagors, which term as used
in every instance shall include the Mortgagors' heirs, executors,
administrators, successors, legal representatives and assigns,
either voluntary by act of the parties, or involuntary by
operation of law and shall denote the singular and (or) plural,
and the masculine and (or) feminine and natural and (or)
artificial persons, whenever and wherever the context so
requires or admits, parties of the first part, and
: M .T,
• LOUIS J. SAVINI and ANNA L, SAVINI, his wife, herein-
after called the Mortgagees, which term shall include the heirs,
~ legal representatives, successors and assigns of the said
Mortgagees wherever the context so requires or admits, parties
of the second part.
WITNESSETH: That for divers good and valuable consi-
derations, and also in consideration of the aggregate sum named
in the promissory note of even date herewith described, the
said Mortgagors do hereby grant, bargain, sell, alien, remise,
convey and confirm unto the said Mortgagees, their heirs,
~ successors and assigns, all the certain piece, parcel or tract
of land, of which the said Mortgagor is now seized and possessed
~ and in actual possession, situate in the County of St. Lucie,
~ and State of Florida, described as follows:
Commence at the Northeast corner of Lot 3,
Block 5, BEAU RIVAGE PLAT NO. 1, as per plat
thereof recorded in Plat Book 11, page 24,
~ public records of St. Lucie County, Florida, ~ c° ° ;
o '"'z"M and thence run North along the Northerly ~ ~ " ~
~ o a
~ ~ m « extension of the East line of said Lot 3, ~ G
~ ~ Block 5, 400 feet to the Point of Beginning; c ~ •
o ~ ~ thence .continue to run North along the
o ~ Northerly extension of the East line of said ~ ci
o p v Lot 3, for a distance of 1 feet; thence
~ o ~ ~ West at right angles to/~~I.~ a distance of ~
~ D a 140 feet to a point; thence run South along ~ o
~ the West line of said Lot 3 a distance of ~ ~ ~
Z00_feet; thence run Easterly parallel to
the North line of said Lot 3, a distance of
140 feet to the point or place of beginning, ~ ! Q
all lying and being in Section 24, Township N o
37 South, Range 40 East. ~ g i
TO HAVE AND TO HOLD the same, together with the
tenement s•, hereditaments and appurtenances, unto the said
kortgagees,~in fee simple.
And the Mortgagors do hereby covenant with the
lortgagees that they are indefeasibly seized of said land in
fee simple; that they have full power and lawful right to
convey said land in fee simple as aforesaid; that it shall be
lawful for the Mortgagees at all times peaceably and quietly
to enter upon, hold, occupy and enjoy said land; that said
land is free from alI encumbrances; that they will make such
further assurances to perfect the fee simple title to said
land in the Sortgagees as may reasonably be required; and
that they do hereby fully warrant the title to said land and "
will defend the same against the lawful claims of all persons
whomsoever.
PROVIDED ALWAYS, that if said Mortgagors shall pay
unto the said Aortgagees the certain promissory note, of which
the following in words and figures is a true copy, to-wit:
-1-
~ X090
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