HomeMy WebLinkAbout0947 ~ MOtTGAGf DEEO
I DlEW'S FOlM R. E. 7~ Monufaaw~d ond for ~el~ Sy TM N. 6 W, Or~r Co~nPOny
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F.xecuted the aou' day o~ January A. I~. ~988 by ~ Y
JSL EQUITY CORP. ~n~~ ~
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a corporation existinfl under fhe Iatvs o( ~1 ori da , ancl h«~=iRQ efs principa~ p~ace o~ t
b«siness at
hereina/ter calle~ tl~e mor~gaQor, to ~OSEPH J. LACH ~
whose postojj~ce address ~s 276 Bermuda Beach Dri ve , Ft. Pi erce , F1 ori da 34949 ~
~ ~~ereina~ler cafted the mortpagee: ~
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(Whtrtver uxd 6erein the terms `'mortgagor" and mortgasee" includt all the puties to tAis instrument and the Aeir~,
IeRal representatives and auigns of indi~•iduals, and ~hc sucussurs and auiqm uf cor{wntions; and the tcrm "no[r"
includes ill tAe notti herein dturibed i( more lAan ont.)
~iln~sse~~ tliat ~or yood anc~ valuable consi~eraliUns, nnd nlso in ~ onsi<Ierntion o/ llie nyqre-
gate sunt nanted in t~~e promissory note oj even c~ate ~ierewif~~, {~ereinarfer ctescri~ec~, f~ie mortc~aflor here-
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by c~ranls, f~argains, sells, aliens, remises, conueys ancl con~irms ~:nto fl~e mortc~ngee a1~ fl~e cerlain 1Qnc~ ~
ol whic~ Ifie mortgagor is notv seize~ nnc~ in possession sifuntP in $t. Lucie ~'ounty.
f'lori~a, viz: ? ~
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Parcel 1: The North 100 feet of the South 421.1 feet of that part of the
NE; of the SW4 lying East of U.S. No. 1 right-of-way, and the North 30 feet ~
of the South 451.1 feet of West 175 feet of the NEa of the SWa lying East ~
of U.S. No. 1 in Section 15, Township 35 South, Range 40 East, St. Lucie ~
( County, Florida. -
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~ Parcel 2: TMe North 225.1 feet of the South 321.1 feet of that part of
, the NE4 of the SWa lying East of U.S. No. l, in Section 15, Township 35 ~
? South, Range 40 East, St. Lucie Co~nty, Flor'da.
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~ THIS IS A PURCHASE P10NEY MORTGAGE. The mortgage~~ agrees to subordinate
~ this mortgage to a construction loan obtained or to be obtained by the
mortgagor.
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