HomeMy WebLinkAbout2726 MU~TOAOE D[ED D1EW'S FOtlA t, E. ~fyS µ~R~f~ CA'RLTON ~ McCAIN ~
fres Can«o~~o• h Cofbaoliaa P. O. B O X 3 7 79 . a.r 4
. Fort Pierce ~ Floelda ~
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~ Exe~uted ih~ 30th day oJ December A. D, ~9 64by ;
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~ i PLOfIt ZDA MA ID CI'IRU S Cf,~tPORA`I'~ON, ` . ~
~ a corporalion exi~ttng under the laws oj Florida , a??d having ifs princlpa~ p~ace o~
6wines~ at
~ , ~ hereinajter culted the morlgagor, to PTARIDA BANK AT FC}~tT PIEEZCB -
a corporatton extsttng under the lawa o/ the State o) Plor ida , with its permanent posto)f
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addreas at Po rt Pi erc e, Florida , a
hereinaJter called the mortgagse: ~ ~
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(WAere~cr uaed esreia the tcrw "morta or" ~nd "raortgases" inelude all tba partia to thu in~wnseat and tlee 6eirr ~
lrgxl npmenativa aad wi;a . ot Fnd;» uab, ~ad t6e eucceuon •nd euiao~ o[ co~pondoa~; and tl+s term "note'l
tT iedude~ aU t6e aota 6erein dacnbed it morc thau onc.) ~
' ~ ~itn~sseth~ lhat jor good and valuable constderatlona, and al~o in con~iderotton o/ Ihe aggre- ;
i~ ' gale surti named in t~e
promissory note oJ euen date ~erewith, heretnajter descrlbed, the morlgago~ here-
~ by granls, 5argatns, se~~s, a~iens, r,emises, conveys and con~irmi unlo ihe mortgagee a~l tfie certain ~anc~
k~~ . ~ o/ wf~tch the mortgagor is now seIzed and in possesslon sifuate in ~ Luc ie County,
l~Iortda,~ vtz: '
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BLOCKS 1~, 16, 17, 18, 19 and 20 of the Argiculturai P1a~ of Plorida
~ 1 Maid Citrus Grove ~ as per plat thereof recorded in Pla~ Book 13,
+ ~ page 1, of ~he public records of St. Lucie County, Florida. ~
THI S I S A F IR ST MORTGAGB . '
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- The Mortgagor covenants and agrees thafi all of the above 1ands shall ~
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be planted ~o citrus on or before December 1~ 1965. ~
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It is agreed that partial releases from this mortgage sha].1 be given #
upon tho~e Blocks as ~hereinafter described in the order as herein-
affier de~cr3.bed~ upon receipt by the mortgagee of those sum~ as set ~
~ •for~h to be applied upon the principal sum due hereunder, as fo].lows ~
RIRST: B1ock 20 Of the above_lands shall be released upon payment
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~ of the sum of $~8 , 927.00 ; ~
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~ . SECOIdD: Block 19 of the abov~. lands s~all be released uppn~aymen~
` o£ ~he sum of $45,348.00; .
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~ Z~iIRD: B1ock ~.8 of the above lands shall be released upon payment i
f- of the sum of $45, 348.00 ; . ~ ;
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~ . Th~ Second Release shal], be con~ingent upon the Pirst Release having ~
' been given, and the Third Release shall be contingent upon the ;
Second Release having been given~ ~ " . !
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