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TO HAVE AND TO HOL~ the saici property, with said :.~uildin~;s, imp!ov~;i~cnts, fixtures, appurte~~• ~
~ ances, apparatus and equipment, ~~nd with all the rights and priv~le~~es thereunto belon~ing unfo said ;
~ mortga~;ee forever, for the uses herein set fo~th, free from a1! rights and benefits under ihe homestead ;
~ exes7~ption and valuation laws of ar~y state, which said riehts and t~enefits saic; Mortgagor doeS hereby ~
~ rcfease incl ~vaive. ~
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~ TO SECUl~E ~
~ (1 ) the payment of a note executed by the Mortgagor to the order of the Mortgagee bearing e~•en
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date herewith in the principal sum of
~ Twenty Thousar~d Six Hundred and NO/100---=-°---~---------------- Dollars }
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~ 2Q;5D.Q.D~L-_,), which note, together with interest thereon as therein provided is payabl~cM ~
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Twent Thousand _S~~_ I~~dred__~n~.~11Q4-~------ Dollars _ t
~ mont~ily ins a~ments of Y ~
~ 20,600.00 A_ R~,~~ the ~~`t~ day of November 19_.I~ , _ ~
~ with interest payable manthly beginning June l~, 1975. '
' .vhich payments are to be applied, first, to interest, a~d the balance to principal, until said indebted~ess S
~ is paid _in full. - . _ ~
~ - (2) any advances mada by the Mortgagee to the Mortgagor, or his successor in title, for any pur- ~
_ pose, at any time before the release and cancellation of this mortgage, but at no time shall this mortgage
secure advances on account of said original note together with such additional advances in a sum in ex- -
~ - Twenty Thousand S~x Hundred and NO/100 4~ollars
r cess of -
} ~ {G 20~600.00 Provided that notF~ing herein contained shall be considered as I:miting the
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amounts that shall be secured hereby when advanted to protect 4he security or in accordance with
~ covenants contained in the Mortgage.
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~ ~ (3) all the covenants and obligations of the Mortgagor to the Mortgagee, as tontained in a supple-.
x~
r mental agreement dated, executed and delivered concurrenYly herewith and reference is hereby made to
said note and supplemental agreement for the fulf terms and conditions thereof, and the same are hereby
f.
i incorporated herein as fully as if wrFtten out verbatim herein, and recorded, pursuant to 695.02, Florida
' Statutes, in Official Recard Book__ ~
82 pages=. ~396___~, of the public records of_ _S t. Luc i e
~ - Cou~------_- ~ Florid~: ~
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~ In this instrument the singular shall include the ~lural and the masculine shall include the feminine
_ ~nd neuter. All rights and obli~ations under this mortgege shall extend to and bs binding upon the res- _
pective heirs, executars, administrators, successors and assigns of the Mortgagor ar.d Mortgagee. ~
~ iN WITNESS WHEREOF, ~ve nave hereunto set our hands and seals, this _ 2~th__-__ day or
~ _=--.Ma~c A. D. 19 -~5
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s Signed,sealedanddelivered ~ Backus Ente~prises, Inc., a Florida corporation
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~ in the presence of: - .
t,t~;~~~~~~~,,;,
- ~ -~~s G),'~',
~ -----~~'v_~a.. ~~.~a.e,.~ _i ~ -
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~ • Frederick B. Guhse, Presiden~td ~ _
- ~'S~S`fAL~ i,;-•.~•~~"
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r F~~ ~~i ~ ~SCI\~• ~t'_ ~J.
- -~~1-~? - - - ~1lC~~ - - . _ ' ~ - _ ;
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R~6E~R~~: t~OUA'f ~ ~ ~ ~~FA~.?~-~ y~
- (WITNESSES} RFC!+fQ'4~'~'~~,~~~"'r'~--(MURTGAGCR) -~`fr~~~`~ ~ • ~ : .
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jyY_ STATE Gf_ _ Florida - Indian River ' ~
- COUNTY ~F-
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~ ~ I HEREBY CERI'IFY, That on this_ 27th day of MaY 19 75 ~
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before me personally appeared Freder i~k 8. Guhse _ -
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respectively aS _ President and - _ - ~ of
Backus Enterprises, _ ~
~ 1 nc ~ a F 1~r i da Corporation, to me
known to be the persons described in and who executed the foregoing irisiniriiani,-and severally acknowledged the exe-
cution thereaf to be their free act and deecl as such officers for the uses.~~ricl.~pu~poses therein mentioned; and ihat~tf4~y he
; ~ • - ~ , :..a: : . t: , .
affixed thereto the official seal of said corporation, and the said instrurtient ti5''the .~ac i and deed of said corporativn.
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~ - NIITNESS my hand and official seal a t_Vero Beach ~,'said cou ~~nd state.
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~'~'~~'~'~~'~j~'~ Notary' . Pu~ic,~i7 ~a" fQr~Sfate and Caunty aforesaid.
My Commi~sion.E~lpir~s~ ~anuar 21 l
At:D LOAiV ASSGCIATIU~I OF IhDiAN RI~'ER COUNTl' _ L`' - , Y 3 97~
I ~ P.O. BOX 2?09 - ~'ERO BFACN. FLORIDA }29GO _
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z . _ . _ . , , _ - . ' 600K 24Q FAGE ~~O
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