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E:scuNd lh• 4th dey o/ August A. D. 1980 by
ENNIS H. & DONALD C. PROCTOR CONSTRUCTION COMPANY
n c~orporatton axbtlnp node. the laL» o/ Florida .and hnvtng tb principal ploc• d
buainsaa at P . 0. Box 159 , Winter Beach, Florida 32971
~leNinof
le. cam ties wartpaQor. ro
INDIAN. PINES GOLF CLUB, INC.
e corpwatton existing ender the Iowa ~ tlt• State o~ Florida . wttk ihr perwtanent pwio//ice
address a 5700 Parkway Feeder Road, Fort Pierce, Florida 33450
6ee.ira/tw c~ the wartgogsei
f wUe.~wr ..e rne+. s..r.~ ' W ".oroe,ew" i.dd..u d~. rrt;.. a a: t.w.we ad Ib.. °eie'~
r~ ~iei. dersi3~i• ~ ~
~,i..~ts+.....d .~i... of oar~o..ac..; d. e.. .ere
that /or good and raldable Gonatderottwu~ and also to considenntion o/ the aggre-
gate awn narwed to the promissory Hots d even dates herewith. hereina/ter described. the mortgagor here-
by groats, borgwns. sills. aliens. rrmtses, conveys and con/irms unto the mortgagee all the certain land
o/ which the nwrtgagar is now seized and to possession situate in St . Lucie County.
Florida. viz:
For a point of reference, commence at the Southeast corner
= ~ of the West 1/2 of the Northwest 1/4 of Section 7, Township
" p 34 South, Range 40 East, St. Lucie County, Florida. Thence
,c~ run North 0034'00" East along the Easterly boundary of the
~ West 1/2 of the Northwest 1/4 of said Section 7, a distance
of 945.91 feet, thence North 89026'00" West a distance of
245.00 feet to the point of beginning. Thence continue
North 89°26'00" West a distance of 712.87 feet; thence
North 45044'28" East a distance of 592.83 feet; thence
South 44015'32" East a distance of 291.06 feet to a point
of curvature to the right, said curve having a radius of
300.00 feet, a central angle of 44°49'32", a chord and"
chord bearing of 228.77 feet, South 21050'46" East;~thence
along the arc of said curve, a distance of 234.71 feet to
the point of beginning. Containing 3.79 acres more or less.
I THIS IS A PURCHASE MONEY MORTGAGE. '
i
Mortgagee shall subordinate this mortgage to the mortgage of a
lending institution which shall be the lender for the con-
struction of a condominium project to be known as the "PINES
GOLFDOMINIUM". "
The Mortgagee shall release from this mortgage each individual
condominium unit in the "PINES GOLFDOMINIUM" upon the payment
~ by the Mortgagor of $4,546.50 per condominium unit.
3
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_ Recewed S paymern Ot Taxaa
j - - - - - D..e On Class ..C.. ;ntanp~We Personal Plropartp.
Purwant To CNaptw 7l, 184„ /1qf Ot !07l.
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~cox~s PacE 553