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~ ~ ANEREAS, Morcgagor Ie dcslrous of securing prompt payment of satd nate In sccordance Mlefi
~the terms and condttions the~eof, as me11 as sny addition~l indebtedn~as accruing to t+dartgagde on ' ~
'account of payments or axprnditures made by Mortga~ec as herein prnvided; ,
; NOW, '1'HEREFORF~ in ~onsideration of ehe premises and of the sum of One Dolla~ (s1.00) to
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the undersigned Moetgagor in hand-paid by Mortgagee, thr receipt wheceof is hereby ackaoaledged,
~ and for the pucpose of securing prompt payment of the indebtedness hereinab~vt mentioned as the
~ same becomes due and ocher valuable consideracions~ Mart&agor dces hereby Arant~ barRain, sell~
assiAn, convey, mortgage and warrant unco Idortgagee ch~ fallowing-described real proptrty situaced
~ in the County of St. Lucie , State of Florida to wlt:
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> i'ARCSL 1: Heginning at the pointi or int~raection o! the North line of the SW 1/4 <
= ot the SW 1/k oi the 3W 1/4 of Seation ?1}, Toxnahip 35 ~outh, Range 39 Ea~t,
' St. Luoie County, Florida, and the East right-oY Na~ l~.ne of Kinga Nighrray~ aaid ~
, point being 651.1 Yeet North oi the 3outh l.ine~of ~sid Seetion 2tF, ~nd 50 feet ~
~ Saat of the centerline ot pavemant oi Kirige-HighXe,y; run thenee North 00• ~8~ ~3"
weat, aloag the Eaat right-ot-rray lina ai Kinge Highwe~y~, 208.73 ~eet j thense . ~
= 3outh 89• 11~ 35~ Eaat, p~rallel to the North Iaine o! ~ha SW 1/4 of the 3W 1/4 a!
~ the Sid 1/!~ ot Seation 21a, ToKnehip 3$ South, Range 39 Saet, 183.73 ~eat; thanee .
Sauth 00• 08~ 33~~ Eaat, parallel to the Last ri.ght-of-xa,y line o~ I~fnge Highrra~y~,
~ 226.18 ieet; thence South 61° 3b' 57" Weart, aloag the Norttaerl,~ right.-ol-S~ay lins oi
~ State Aoad 70 (Okaechobee Road), 1b0.21 ~eet to the begiru?3ng oi a curve; thenee ~
~ on a ourve eoneave to tha Northeaat, xltb a radiue oi 22 teet, 37.72 ieet to ths end
~ . of aurve; thence North 00• Og~ 33~ Weet, 11.63 lest to the Point o! Beginning, a~id
~ tract being in Sectiaan 2t~, Tovmehip 35 3outh, Range 39 Eaat, ~t. I.uaie County,
~ Florida, and con~aining 0.9? acrea; e~ccepting therefrom the North ~0 leet there~t.
_ beina che same propercy conveyed co Murtga~or by ~~~lar Oi1 Co, . Inc. ~ by Dred dated
~ Januar3? 7, 19b4 and recorded in che recards of _ St ~ Lueie Counry Fl
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Dook.~., page~ together with a11 tener+~ents, hereditart~ents and appurten~nces now or here•
after bclonginA or ~ppertaining thereto, all rents, issues and grofies of the above-describ~ed
propcrty and all buildings and improvemencs now on c~reaftcr loc~ted on or actached ta or used in
conneccion with said premises, including, without limitation, storage tanks~ automobile haists, •
• dispensing pumps, aic compressors and motors~ lub~icating equipment (presspte or otherxise)~
t~ 1:~~ ~~;,.~v, ;,r~,/^s ~?_~'p ~r~ms of equipment which are used in conRection with said premises ss
s'~ ;r. a service staeian and/or bulk sc~tion locacion, and any subscitutaons tnere~ore v~ ~c~;m«.~~~:?co ,
; • thercof, all oE which are and shal! b~ dtemed to be Eixtures and a part of the cealty and are a
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poction of the security Eor the indebtedness herein mentioned, provided~ however, Mo~cgagar shall
be entitled to callect and retain the rents, issues and profits until defautt her~eunder, suLject~ -
1 ~ however, co the cerms of any assignment cxccuced by Mortga~or direrting• payment of said rrnu?ls
to MorcRaRee or its assigns; provided, further. that this Mortgagc shall not caver any equipment
owned by Phillips Peuolcum Company, a Deiawar~ corpare.tion, hereinafcer desianated as '
~ ~ ;,,,;-!'Phillips", and supplied by it for use c~t or in cannection wich such lacation;
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TO HAVE AND TO HOLD the same with all ~ights~ privileges and appurtenanccs chercunto ~
~ i. belon in or in an ~rise a ertainert unto the Mort a ee and its successors and assi ns forever.
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# i An~ the M ga r.hereby warra ts and covenants that~ subject ta that cettain lease agree=
~ j ~ 1.~ --ment dated from 4lortgagor, as landlord, to Phillips, as tensnt~ he Is ~
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