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HomeMy WebLinkAbout0928 . t , L : THIS INDENiURE, Mada the 3rd day of Janua r}' , A.D. 19 be , between BAY-MILL, INC. ~ A Florida Corpora~ion,. _ - ~ • - of UZ'aj~~8 County Florida, hereinaf~er designated as me "hiukiGiauvK," a~~a ~~M1O~ «~~~r• ~r•~~~~~ ASSOCIATIl7N OF FORT PIERCE, a corporation organized and existing under 1he laws oF the United StatQS of America r.nd having its printipal p~ace uf businass in the City of Fort Pierce, St. lucie County, florida, hereinafter designated as the "MORTGAGEE:' WHEREAS the MORTGAGOR is jusNy indebted to the MORTGAGEE in the wm of OO , good and lawful money uf the Un~ted States ad.•anced by the l110RTGAGEE unlo ihe MORTGAGOR, as evidenced by a terlain promissory note of even date herewith, of wh:ch ~he following in words and {igures is a true copy, to-wit: s cj~~~~.~0 No l~f~~9 Fort Pierce, ~lorida, Janua ry 3 ~q 6~ For value received, 1, wa or either of ~~s, promise o ay, withovt dzfalcatiun, to the order of FIRST FEDERAL LSAVINGS AND LOAN AS~OtIAT10N OF FORi PIERCE a1 Fort Pierce, Florida, the sum of 5~ f~~~ ~y;th interest from date at the rate ofe •~~:o per annum, in monthly install- r:ents as follows: E 95• on Ihel th day of Fe~ruary_, ~q 6~ nnd a like sum on the correspond~ng day of each month there- after unri! the whole be fully paid. Cach ir~sta~tneni Sir;t shal! L•a app!icd in payment of the interest and then on the unNaid balancP of 9he principal aum_ If default is made in the payment of any installment when due, and such default continues 30 days, then at the option of ~he holder, and without any other ~otice, all the remaining installments shaVl be due and payable at onca. Privilege is given to prepay this ~ote in whole or in parl al any time wilhout penalty. •N~e~ithe~r forebearance, nor ecceptance by the holder thereof after any defaull in any payments hereon, shall be deemed extension. A late payment charge of E~-i-C~--. shall be added to each ~nstallment remaining unpaid 7 days after iis dut date, and a like sum shall be added te each such inslallment remaininy unpaid 7 days after each su:Yeeding payment ciate. Each ma:er, surety and endorser hereof, jointly and severatly, waives demand, presentment protest and notice of prote3t for nonpayment, and further agrees t•~ any extension oF t~me of payment, either before or after maturi~y, without nol~ce to any of us; and to pay a~l costs of collection, including a teasona6le attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exe ~er thC cnnttitution and la~+z of each State of the United States, as against this obfigation or any extension or renewal hereof. ! Wi!ress thc hand and seal of each party. BAY-MILL, INC " a `~~~1 By: S/Robert L, Wa~n r, Pres der~~Ai~ Attest: S F urton Sm h Sec. -Tr~~,~} ~ r es~+u v~ C t~Fe~; ( • 27 ) State Reven~e (Stamps cancelled on original note) 9' ~O~ . o0 NOW, THEREFORE, the MORTGAGOR for the purpose of secvring paymenl of eaid sum of S and the parformanca of the covenanls and agceements hereinafter expressed, and for divers good and valuable contider~tions, by these presents, dces grant, bargaln, tiell, remiaa, ~ release, convey and confirm vnto the MORTGAGEE, its successors and as~igns, all that certein lot, piece or parcel of .land, situa!e, lying, and being in 1he Covnry of St. LUC~@ and State of Floride, de~cribed as foilows: ~ F'rom the soutY:east corner of Sectian 30, Township 3!~ South, Range 38 East, run N 0° 54' 10" E a distance of 1,31Q.84 feet, _ thence run N 87° 49' 13" W a distance of 320 feet to the point '_i of beginning; thence continue N 87° 49' 13" W a di.atance of ~ 270 feet, thence run ,I 0° 10" E a distance of 806.b7 feet, thence run S 87~ 49' 13" E a distar.ce of 270 feet, thence run S 0° 51~~ 10" W a diQtance of 806.67 f~et to the point of beginning, ?OGETHER with~an easement far road and highway purposes over and ~ across the following describad property: A strip of land !~0 feet in width and lying 20 feet on either ~ side of the north line of the East 3~0 feet of SE1 of SE~, ~ Section 30, Township 34 South, Range 38 East, ° ~ ALSO, a strip of land 1~0 feet in width and being an existing ~ grove road slong the north Iine of SWz of SW1 of Section 29, ~ Township 31~. Sou~h, Range 38 Eagt, extending westward from the ~ east line of tYze SW~ of S'rl1 of ~aic3 Section 29 to the west line thereof, ALSO, a strip of land 1320 feet in length and 40 feet in wfdth~ ' being an existing road extending northward from the Qouth line ~ i ~of Section 29, Township 3L~ South, Range 3$ East, and being 20 ; feet on either side of the east line of SW~ of S~l4 of 9aid ; ~ Section 29, ~ AISO, the Ea9t 40 feet of th~ Y~est 1~4 of Section Township 35 South, Range 3f~ East; tk~e East L~0 feet of the West 1/!~ oi' that part of Saction 8, Township 35 South, Range 38 East, lying north of State Road 68 and the East 40 feet of the West 1/!~ af Section 32, Township 34 South, Range 38 Ea~t, all in County of St. Lucie, State of Florida, Q? z3 ~ ~ ~ ~ ~ ' ~ $!1)y ~ ;