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EXHIBIT "A" TO Assignment of Mortgage by and between ~ •
Windmill Villages of America, Inc. and Ryder Realty, Inc.
All of Government Lot 2, Section 12.lyinq tiest of State Road
AIA; and all of Government Lots 6 and 7, Section 11, Township
37 South Range tl East, LESS AND EXCEPTING THEREFROtie Beginning
•at the intersection of the stesterly right of way line fos State
Road AIA and the l:orth line of Government Lot 2, Section 12. ;
To~~ship 37 South, Range ti East, run South 89056'22' tiest 2099.97
feet thence run South 9029'2• nest 9T.19 feet, thence run South
1305'32' hest 96.59 feet, thence rua South 22008'32' i:est 65.27
feet, thence run South 00003'38' East 50.00 feet thence run North
E9056'22• East 2,299.73 feet to the West lire cf State Road AIJ?t
thence run North 2309'31' test 327.79 feet to the point of be-
ginnin~. -
Subject to a mortgage by Property Management Group, Inc., to
Philip heiner, as Trustee, dated Drcember 23, 1968, filed for
record in Official Records Book 17~, page 2902, in the office of
the Clerk of the Circuit~Court in and for St. .Lucie County, Florida.
Subject to easements, restrictions, limitations and conditiens of
record and taxes for the year 1972.
Any default or breach of any covenants or conditions of said mortgaq
to Philip Reiner, as TruRtes, shall constitute a default or breach
of this mortgage by the nwrtgagor. -
Parcels of land running frog the westerly line of State Road AL1 to
the river. eighty feet in width as measured lineally along State Roa
A111, beginning at a point X62.21 feet South of the land subject to
this mortgage, as measured along said State Road AlA, mey be re-
leased frws the-lien of this mortgage for a release price of
531,000.00 fos each parcel of eighty feet in width. Esch parcel to
- be released shall run southerly along the west bocndary line of
State Road AL# and be contiguous. i
she Kortgagee sgrees to subordinate the lien of this mortgage on
the unplatted land to • construction cwrtgage tros an institutional
lender including a real estate investr~nt tryst rot to exceed the
cost of the construction of the ieprover..ents to the land and build-
. fnq.
THIS IS A PURCHASE }l01•'EY MOFTGI?GL
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