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HomeMy WebLinkAbout1246 YOFtT0A0[ D[[D 4AW~W 11AMC0 FOAM 1?[• LONA IOAY • Executed the 4i~ day o/ t A. D. 1980 by aIVAN DOVERSPIKE kereina+ter called th mortga or to LEVERBTT S . SHAW, WILBUR TURNER and BETTY TURNED, his w~fe, ~OfiN MENDES and HELEN MENDES, his wife, and LEVERS MONTGOMERY and BETTY MONTGOMERY, his wife hereina/ter called the mortgagee: (1NAeses~er used heseia the arms "toort~~aa[[oorr~~ sad "moet[asee" iacludr all the prties b t6it iastnmeot sand tLs. haa= Faypl repseaeautives sad as~~m of indiriduab, astd the sueeasoes and ariRd of eotporatiotas; sad tF~s hem 'sole' includes a0 the rotes baeut de+aibed it more thu tMe.) that for good and valuable considerations, and also in consideration of the aggre- gate sum named in the promissory note o/ even date herewith, hereina/ter described, the mortgagor here- by grants, bargains, sells, aliens, remises, conveys and oon/inns unto the mortgagee all the cwtain land o/ which the mortgagor is now seized and in possession situate in St .Lucie County. Florida, viz: That part of S 1/2 of SE 1/4 of SE 1/4 lying South of AlA and East of U.S. Highway No. 1 Section 33, Township 34 South, Range 40 East, St.Lucie County, Florida, and that part of South 10.13acres of Lot 2 lying West of Old Dixie Highway and East of U.S. Highway No. 1 and South of AlA, Section 34, Township 34 South, Range 40 East, St.Lucie County, Florida, more particularly described as follows: From the Southwest corner of 'Section 34, run South 89°40' East, along the line between Townships 34 South and 35 South, 128.39 feet to the Easterly right-of-way line of U.S. Highway No. 1 and the Point of Beginning. From said Point of Beginning run thence North 26°59' West, along the easterly right-of-way line of U.S. Highway No. 1, 311.26 feet to the Southerly right-of-way line of State Road AlA, thence North 87°45' East, along the Southerly right-of- I way line of State Road AlA,_476.03 feet to the Westerly right-of- way line of Old Dixie Highway, thence South 23°37' East, along the Westerly right-of-way line of.Old Dixie Highway, 326.5 feet to the South line of aforesaid Section 34; thence North 89°40' West along the South line of said Section 34, 465.55 feet to-the Point of Beginning I ~ THIS IS A PURCHASE MONEY MORTGAGE Default on any one of the notes secured hereby shall constitute I default on all notes. These notes may be prepaid at any time without penalty. However, no payments may be made during the year of closing nor thereafter which would result in the loss to the mortgagees of the installment sales provision of the income tax laws. - A'^"7r0 j 3']?(,OD IN P11~"-*~'FT CF TAXES S~ L;':. ; { Ct 'C' l";.:' 1'u':: ~t F";'E~iTY. FG:.:,:: ai 73 71-:.4, 1.~T5 L'F 1811. 1:~.;3 P::IiiAS CILiK p3iUiT CGDRT, ST. L{I:.IE CO. tU.~:'~• a [R E`[} I I~ _ , 1 . 4 ~ ~ ~ _ y ~ l ` - a- i i1 ss~~cc~~~ry ~ 8IH?KJJ / PkGE1~~