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'I'HIS MORTGAGE DEED, made and executed the .._____,_~~J.~......_ dar ot .... MSrCtl . 19 $1.
br .__._____SAND__DOLLAR: VILLAS .DEVELOPMENT___CORPORATION ~.. .a Florida_ corporation ~
hereina(ter alled the Mort~s~or. ~rAicb terw sball i~dude the hein, legal reprexnutiva, successon and assiRns ot the said
Mort~aaor ~rberevet the context ~o requirei or adanics.
~ ____~__JOHN T. WHITE~. as_ Trustee ~
hereinatcer nlled the Mongagee, which cerm shall indude the hein, leqal represenucives, succeuon and assigns o( the said
Mortga~ee ~rherever che mntext w requires or admits.
WITNESSETH: That ior divers good and valuable rnnsiderations, and also in consideration oi the a~reRate sum
named in the promiuory note of evtn date hertwith heteinafter described, the said \fortRaRot does hereby p,rant, barRain.
sell, alien, remise, reltase, rnnvey and oonii~m unto the uid ~fortRaRee, his hein, succc:wn and auiAns, all thc cerwin
piece..-•. parcel._ or tntt- oE land. oE ~vhich uid Mortgagor u now seized and possessed and in actual poasasion, situate in
the Countp oi $t . Lt1Cle ___.._.______ ~nd Sute o( Florida, describaf as Iollows:
A tract of land in Sections 21 and 22, Township 36 South,
Range 41 East. whose South line is 8654.80' North of the
South line of Section 27, Township 36 South, Range 41 East,
and whose North line is 9043.31' North of the South line of
Section 27, Township 36 South~ Range 41 East, and bounded
on the West by the Indian River and on the East by the
Atlantic Ocean, less right-of-way for Highway A-1-A, St.
Lucie County, Florida;
AND
A tract of land in Sections 21 and 22, Township 36 South
Range 41 East. whose South line is 8546.20' North of the
South line of Section 27, Township 36 South, Range 41 East,
and whose North line is 8654.80' North of the South line,
of said Section 27, Township. 36 South, Range 41 East, and
bounded on the West by the Indian River and on the East by
the Atlantic Ocean, less right-of-way for Highway A-1-A,
~t. Lucie County, Florida.
The satisfaction of this mortgage and/or the partial releases
therefrom are subject to the terms and conditions of an
unrecorded Option Agreement by and between the mortgagee and
the mortgagor dated March 6, 1981. p0- o~ ~n Pavment Ot T~xes
J Recerved ~ --~----
c Duo On Cla~ "C" inta~q~bls P~i°^s~ ~~~'
~ PurwiaM To ChspM- 71. 734. AA~ Of t~It.
` RpCEA POtTIV-S '~~
~
~I~tc Cira+k CouA. ~ ~'~ ~' H~•
To HAVE ANU TO HOLD the samt, t~tthtr with all and sinRular thr tcnemcru~, hereditamenb ~~id eppurteoancec
thereunto belonginq or in anywise appertaininq and the rtversion and rtvenions, remaiudcr and remainders. rcnts, icsucs
and pro(its thereof and also al! the esute, right, tide, interest, Property, Pnsseuion, claim and demancl Nhatsc~ccer ac M•ell in
Ia~r as iu e9uity of the said ~tortgagor in and to the same and ecery part and parcel thereol unto the s~id ~1ort~aRec, and
his heirs, succason and assiRns, in fee simple.
And said AtortRagor, for himself. and his heirs. Iegal rcpresentatives, wcccssnn and assiqns, hcreb~ coccnants with said
~fortgagtt, his htin, legal representatica, successon and assiRns, that said \iortRaRnr is inde(tasibl~ ~tircd o[ said land in
tet simple: that tht said ~(ortgagor hu iull power and lawful riRht to conce~• the same in (ee ~im~~lc ac aforraid: that it
shi11 bt lawful [or said 111ortgaqet, his htin, legal represenuti~•es, successon and assiRn+, at all tima peaccabl~• and quietly
to enter upon, hold, occtipy and enjor said land and every part thereot; that said land is trce (r~m all incuml,rance~; that
said Mortgagor, his heirs, ltgal npresenutiva. successon and assigns, will make such [urther ~swrances co per(ecc the (ec
simple title to said land in said Mortgagee, his hein, legal representatives, successon and a.cigus, as mar reasonablr be re-
quired; and that said 1lfortgagor does herebr fullr ~rarrant the title to said land and every part thereot and will dc(end the
same against the law[ul daims of all persoas whomsoerer. _
PROVIDED ALWAYS, That if said Mortgagor shall pay unto the said 111ort~Re~ the certain promissory note, of wl~ich
the (ollo~ving in ~+onds and figura is a we copr, cowu:
This Instrurne~t pirepar~d gy;
JOHN A. DA?,t,SON, E.'`Q.
DARLSON AND E^; XO. Chart~rb
P. o. eo. 2a~;
959 S. Fede-at ;~My.
Steiarf. Flpr~~a 3~491
bt~~K350 eaGE 544