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THIS IS A BAI.LOON MORTCAGE AND THE FINAI PAYMENT OR THE BALANCE OUE UPON MATURITY IS
s 365 22 . , TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL AD•
VANGEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS OF TNIS MORTGAGE.
BALLOON MORTGAGE
~,~n ~. 22049314
THE UNDERSIGNED, ~ O10 SEAWAY OR I VE , 1 NC .. A FLOR I OA CORPORAT I ON
of FORT P 1 ERCE County of ST. LUC I E , State of Fiorid~,
herainafter referred to as the Mortgagor, does hereby mortgage and warrant to CITI2ENS FEDERAL SAVINGS
AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation o~ganized and existing unde~ the laws of the
United States of /lrnerica. hereinafter ~efer~ed to as the Mortgagee, the folfowing real estate in the County of
ST. LUC t E in the State of Florida, to wit:
from the Southeast corner of the John Stenroo's property, as described
in Deed Book 182, Page 573, run South 70°18' East along the North Right
of Way Line of State Road AlA 119.7 feet to the Point of Curvature;
thence continue along the North Right of Way Line of State Road AlA on
a circular curve concave to the North, having a radius of 523•69 feet,
a distance of 55•3 feet to the Point of Beginning; Thence continue
along said curve 153•39 feet; Thence run North O1°29' West 258.6 feet,
more or less, to the Indian River; Thence meandering a shore of the
Indian River run westerly to a point on a line which bears North 06°
42'48" East from the Point of Beginning; Thence run South 06~42'48"
West 249.86 feet to the Point of Beginning. All of the above lying
in the Southeast ~ of the Northeast ~ of Section 2, Township 35 South,
Range 40 East, St. Lucie County, Florida, including riparian and
littoral rights.
. ~ ~~ }~
~` S
o~
Recewe~ g ~s~~
'~ ~ayment Of Ta~ce~
nue On Cless °C. ~nt:,rr.~ib~o P~~~
Pursuant To Chapier 7~, ~~~ ~ a~~'
~11.
~~°~""` 7
~
~~~~~~ ~
Together with all buildings. improveme~u, fixtures or apputtenances now or hereafter e~ected thereon or placed
N-erein, including all apparatus, equipment, fixtures or a~ticles, whether in single units or central{y controtled, used to
wpply heat, gas, air conditioning, water, light, power, refrigeration, ventiliation or other services, and any o~+er thing
now or hereafter therein or thereon, the furnishing of which by lessors to leasees is customary or appropriate, includiny
screens, window shades, storm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters
(all of which ara intended to be and are hereby dec{ared to be a part of said real estate whether physically sttached
thereto of not1; and a{so together with atl easements and the rents, iswes and profits of said (xemises which are hereby
p~edged, assigned, transfe~~ed and set over unto the Mortgages, whether now due w hereafter to become due as provided
in the Supplemental Agreement secured hereby. The Mortgagee is hereby subrogated to the rights of all mortgagees,
lienhdders and owners paid off by the proceeds of tF-e loan hereby secured.
TO HAVE AND TO HOLD the said property, with said buildings, improvemenu, fixturet, appurtenances, apparatus
snd equipment, and with all the rights and privileges thereunto belonging unto said mortgagee forever, for the uses
Mcein set forth, free from all rights and benefiu under the homestead, exemption and valuation laws of sny state, •
which said ri9hts and benefiu said Mortgaga does hereby release and waive.
nas r+srRUMa~n ne~r~RCO ~r: 60t1K345 PA6E~~
Cftls~ns f~NOI S~vln~s w+r le~n Assoclotlen ef St. Lust~ Ce
1~00 S. f~d~tal N{Ohwq, ieet -{~-e~, fiMide ~.1130
C.R. McDonold, lr.,
~3ensra) Counzei
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