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HomeMy WebLinkAbout2488rpr1TOA0[ O[[O IIILE .Tp SUB1ECi pROpER1y Npg M01 r1AMC0 FORM RC• t.oNO ~~~~ ~~ ~~';~8 6EEN D(A~IINEO BY THE SCRIVENER. ~ ~ •. Executed the ~c') f~ day of 1.~flfn~~Sf.C' A. D. 19 ~-'(J 6y Robert L. Lippner, Sr. and Gladys C. Lippner, his wife, hereinafter called the mortgagor, to Cotton Belt Insurance Company, Inc. hereinafter called the mortgagee: (Wherever used 6ereu the tertm "swrtf attd "wortRaaee" isxlndt all tha Parties to iris iarwne~t aad the isin, Ieytal nprereautivea asd a~tn of itd~s' attd the saccewra awd ariRa of eorpoeatioas; asid the tern "rote" iarludn all the rotes -erei~ described if Dora ilu~ eae.) ~ttnrsseth, that for good and valuable considerations, and also in consideration o/ the aggre- gate sum named in the promissory note of even date herewith, hereinafter described, the mortgagor here- by grants, bargains. sells, aliens, remises, conveys and confirms unto the mortgagee all the certain land of which the mortgagor is now seized and in posses:ion situate in St . Lucie County, F=lorida, niz: The North 100 feet of the following described land, EXCEPT that part lying West of the F.E.C. Railway, and ALSO EXCEPT so much as may be taken up by the right-of-way of the Florida East Coast Railway and the right-of-way of public roads, to- wit: Commencing on the West line of Lot 1 of Section 1, Township 36 South, Range 40 East, at a point 1,381.73 feet south of its North line; thence East parallel with lot line to the waters of Indian River; thence southerly along the waters of said Indian River until a square of 347.82 feet; thence West parallel with North line to lot line; thence North along lot line 347.82 feet to place of beginning, the said described land is known as Lot 5, FRIES SUBDIVISION of Lot 1 of Section 1, Township 36 South, Range 40 East. THIS MORTGAGE IS COLLATERAL FOR SURETY BONDS WRITTEN IN BEHALF OF ROBERT LIPPNER, JR. BY COTTON BELT INSURAtdCE COtiPANY . THIS IS A SECOND MORTGAGE. JUeN ~- RECflVED f _ IN !•AriEMT Oi TlU(E~ DUE Oii CI~SS 't: t+1Ti~G~alE PtRSONAI tRDPEaTY, PURS:lWti TO . H,tPT.. 71-•~4, ACTH ~ M71. h„ti~R PYTRAt ,~ CLE.N>< CIAGWT COURT. tiT. t~ICtE ~ NAr~ - X344 o~u298? i~ ~_._-_ -