HomeMy WebLinkAbout1398 ry .
DARLSON AND BOBKO, CMrt~
P. O. @ox Y315 ~
95! a. F~dt?N NwY.
itua?q Flo?Ida 3i~9~
THIS MORTGAGE DEED. ttsade and executed the day of ~t~.l~~. - - .1980.
by _ ISLAND VILLAGE OF HUTCHINSON ISLAND DEVELOPMENT__CORPORATION - -
A Florida corporation
hereinafta ailed the Mortgsgor, which tam shall irtclnde the heir. legal representatives. wcoessoa and assigns o[ the said i
httntgagor wbaerer the context so rcqutira a adtniu.
w ERSKINE FLORIDA PROPERTIES, INC., a Florida corporatlo~~-as to_a~ undivided-one-half
(1l2~ interest, a R K E CONTRACTING CORPORATION, an Ohio corporation, as to
hereinafter celled the Mortgagee. ~rhich term shall include the heir. legal representatives. wccessors and assigns o[ the said
Mortgagee wherrver the context so requires ar admits.
WITNESSETH: That for divers good and valuabk considerations, and also in consideration of the aggregate :um
named in the promiuory note of even date herewith hereinafter described, the said 1?tortgagor does hereby gent. bargain.
sell. alien. remise, rekase. convey and confirm unto flee said Mortgagee. his heirs, successor and auigns. all the ceruin
piece... pareel._ a tratx._ e# land, of whit~t said Mortgagor it now seittd and possessed and in actual pOSSCSSton, situate in
~ ~ St. Lucie and State of Florida. described ufollows: -
Real property more particularly described in Exhibit "A" attached hereto
and made a part hereof.
THIS IS A PURCHASE MONEY MORTGAGE .
Partial Release and Subordination Clause: Se Exhibit pB" attached hereto
and made a part hereof.
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~t t•/ `y in PaY~nt Of Tsxes
Rece•:ed s -1'~i- p«~oftsl y~
i pue pn Class A~
E ` ~ Puts~aM TO C
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C
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To HAVE AND TO HOLD the same, togethtr with all and singular the tenements. hereditamenu and appurtenances
thereunto belonging or in anywise apptrtaining and the reversion and reversions, remais+der and remainders. rents, issues
and pmfits thereof and also all the elute. right. title, interest, property, possession, claim and demand whatsoever ac well in
law u in equity of the said 1llortgagor in and to the same and every part and parcel thereof unto the said 1?tortgagee, and
his heirs, wtcesson and assigns. in fee simple.
~ And said 1•fortgagor. for himself. and his heirs, legal representatives, successor and assigns, hereby covenants with said
)`lortgagee, his heir, legal representatives, successors and assigns, that said Alortgagnr is indefeasibly seised of said land in
~ tot simple: that the said ;Mortgagor has full power and lawful right to convey the same in fee simple ac atore•aid: that it
shall be lawful for said Mortgagee, his heir:. legal representatives, successor and assigns. at all times peaceably and quietly
to enter upon, hold, oavpy and enjoy said land and every part thereof: that said land is tree from all incumbrances: that
said Mortgagor, his beirs, legal representatives, successors and assigns, wiU mate such [urther assurances to per[ea the fee
i simpk tide to said land in said Mortgagee, his heirs. Iegal represenutives, wccesson and assigns, as may reasonably be rem
I 3
quited; and that said I?fortgagor doa hereby fully warrant the title to said land and every part thereof and will de[end the
satae against the lawful claiars of aU persons s+bamsotver.
PROVIDED ALWAYS. That it :aid Mortgagor shall pay unto the said Mortgagee the certain promissory note, of which ~
the following in words and figures is a true mpy, to•wst:
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