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N'MI~IM? MfM A/I'f17~. MI HnA ' patr" IMri I+MSiYY~ YM wNr~. F~/~i n/~iw~i.iirii, ~ J
nitor~a.~ ~wd/~?~~~~
sa tA~ mJMefin Oa?fia Lr+l~; MIt wa ~fM il~plor ~ra~s? ~(,~x
aAdi t~fwb f#~ ~hura7, ~~tAe plrra! 61~ K~r•br !M wN ~/~~y }r~dn da11 t+~~l~d~ ~f~
~~+~da~: aw/. ~uni, fAt f~rw "~Mt' +Asl! iitlr~ sll W uet~~ Atn iw d~aaibd y/ iwav
F:xeouted th~ ~LS~` doy o~ November R. D. ly 86,
b~ LAKE INDUSTRIAI, CORP.
a corporution eaaistdn~ under the Zawa of the State oJ ~ Florida ,
and havin~ it8 princip4d ,place ar buaineaa at 2601 Industri~l Avenue ~3,
Ft. Pierce, FL 33450 party of the flrst part, hereinafter called the JEfort~u~or, to
RHEINLANDER INSTRUMENT CORP. OF FIARIDA
~ ~ ~
of the County of gt, Lucie State of Florida
pdrt~/ of the second pacrt, hereLnafter catled the Jl~ort,gagee,
~i~~te~~e ~ That or divers
~ f ~ood and vattuLble con8iderac~ions, and al~so i~
consic~xttion of the dggre~ate sum named in ~he promissory note of even date here-
with, hereinafter deacribed, t~he said ,,Kortgagor does ~x~nt, bacr~gQin, sall, alie~, remise,
release, conveJ and confirr~t unto the said ,1~ort~'a~ee, in fee sim>>Ze, alt th.e certc~in
tract of lartd, of which tlr.e said ,14Tort~a~,sor is now seized nnd possessed, ancl in acttuLt
pos8essio~t, situate in St. Lucie Corcnty, State of Florida,
c~lescribed as followa: ~ ~
Lv~s I an~d Z0, BLock 6, AI~ II~D[J3rltIAL PAIat, UNIT 2, aoo~zding to the Plat
thereof, reoo~c3ed in P1at Book 12, P~ge 40, of the P~lic Aeoords of St. Iuci,e
Uo~untY. Flarida, I.ess and e~a~ept the Fsst 24 feet of said Lat 20. ;
ArD -
Begin at a point 15 feet South 89°09' West of the Scutheast oorner of Lat 20,
81a;k 6 of the r~lat of AIRPC~T IINDUSTRTAL PAt~K, Plat Bo~k 2Q, P~ge 3, Public
I~eoo~+da of St. I~uci,e Cbunty f thea~oe nm South 0° 54' East 180. 05 feet to a
c~uv~e ooncav~e to the Southwest, having a radius of 180 thenoe Narth~aesterly
al,cx~q the arc of said cuYV~ fos a distar~ oiE 282. 8' , through a oentral ar~gle
of 90°Ol' to the Fbint of T~ngenc.yj t~~noe North 89°09' East 180.Q5' ~t~o the
Peint of Beginning.
I ~
~ Rc~ceived $ °~'aT• ° - PoYmen ~Oa~'axe~
t 1 ~ ~ ~ ~ ~ ~ ~ ~ Due an C .~s : tn e . .•s~n>I Proper:Y,
. . - ~ .
Pu•s~~n~ lo Ch.:;: :f i.. i 5~;, i.C15 Of 1971.
~ - . . ~:;~:.E~t roi r,t~s `~rc....-
,
~ - . _ . . ~ ~ : Cierk Circui: Court, S~ Lucie~ Co., Fla.
,.,,3 ; 10523 ~
TEIIS IS A BALLOON N~ S~QJ~2ING A VARTAB'SE RATE OSLIGATI~]. ASStMIIJG THAT TE~
INITIAL R1~TE OF Il~IItL~T ~ TO ~1PP'LY FbR TI~ EiJrIIRE TEld~+i 0~ Tf~ NnRPGA~~, Tf~
FII~L PAYI~Tr 0~2 Tf~ BAi,ANL'E DI1E t7POq`I NJAZ[JRI'I'Y ~JID B~ APPRfJ~,TII.Y $99,374.03
T~OC~~~R WITii AQC~ Ildl~I', IF ArIY ~ Ai~ID P,I~L ~TANC~MH~I'S P+~DE BY Zi~ Nl~~
i~Et THE ~~lNiS OF TSIS MJ~. Z'f~ AG'i'L~?L BAT~N(~ DUE UPON I+~7~]RI'I'Y I~Y VARY
~1DIi~]G O~iV 41~C~i IN THE Rp,TE OF Il~TI`IItE.ST.
TFIIS IS A~ M3NE,'Y SEC~~ID NDRPI',AC~. ~
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. ~o ~abe a~nb ~a ~o~b t~ sccme, to~eth~r with the ten~ements, hereditr,~-
.ment$ and appurtenan~ces, unto the said .1Kortgcc~'ee in fee simple.
.~tt~ said .1Kort~a~~or doe.s covenacnt with ,scud .M~ortgagee t,ha~t said JKort~a~or
i,8 indefeasibly aeized of sc~id land in fee sim.ple; th.a-t ~Ehe sa,id JKort~agor has fictt
power and lawfut right to convey SQid land in fee simple as afore.aaid; that it shalt be
lawfut for sacid Jldort~agee at atl times peaceably and quietly ~o enter upon, hold,
occupb c~nd er~joy aaid land; thact Said land is free frorrt all inau,~iibrances; thuct sa,id
.1lfort~ct~nr wilt nzake suelc further asauracne~ea to perfeeE t1r~ fea`~firrzple title to said
; lacnd in said .M'ort~'a~ee as m.acy rea.~onabl~/ be required; and th.cit sa~d Jffort,ga,~or
d,oe8 hereb~ futly warra~t the title to saidl~pT de end~th~e sarne a~ainst the
i ~ lawful claci~na of cr~l persona whomso~ever. ~i~ V~~ ~ g!
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