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~ ~ ~ ~ MORTGAGE ~
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Tsis Monronas~ dated the 23rd dsi? oi October ; A. D.19 63 . b,~ and
~ • betWeen Charlea Judson Deakins, Sr. and Gladya~ T. Deakins, his Wife • '
hareinafter caUed the m~rt,gagor~ a,nd , - . ~
,
ATICO FINANCIAL CORPORATIO~i •
. , a corporation organised and e~dstii~g ander the la~vs oi DelaWare . ` 9
, hereinaiter eslled the mattgaeee, . .
Wrr~rs, that for divers good snd valw~ble oonsiderations, and alao in oonaidention a~ the ag~-
~ ~e+egate aum nAmed in the pronaiaaflry note hereinsfter deacri'bed~, the ssid mortg~g~or dces herebY S~k
~ bar~in. sell. al~en, remiae,:release. oonvey, and con~rm unbo the said mortgag~ee ill that certain pia~
; paroe), or tra,ctt of land oi which the as~id mortgagor ia now aeized :u?d po~aed and in actual po~aes-
; aion, sitnatie in ths oonnb? ad St. Lucie and Ste~te oi Florida. described as iollowa:
; .
i Lot s! ~B~ook l, a~ C~[JNZRY4'~B E~TATES, a anbdivis~oa ~
~ ' according to a plat thereof recorded i.ti Plat Book 10 - '
~ page 3g of the pnblia records of St. Lucie County, Florida.
~
( 1~OGETl~R With tha follo~ing item of property Whfch ia locattd
in the mortgag~d property and permanently fnatalled as a part
f cf the £mprovements on said land.
i •
+ Heaters, bnilt in range ~ oven. . ~
r . ~ -
The e~cpresa~ .enumeration of the foregoing ites ahall not be deemed
- to limit or restrict the applicability of any other lat~gvage
describing in general terma other property intended to be covered ~
hereby. ~ .
.
This mortgage.•ecnrea fnture advancea nnder the proviaions of
Sec. 697.04 of Florfda Statates Annotated, a8 presently a~ended, ~
Which said advance 8ha11 not exceed the maximua4 principal amouat ~
of =13,750.00. The initial advaaces are to be made in acaordaace
~ith a Constraction Loaa Agreement of even date herewfth betWeen
. _~the Mortgagor, the Mortgagee and Clavde H. Comba the Contractor,•
which sa~d agreement is open for inspection at the office of the
~ Mortgagee. Said Construction I.oan Agreement is incorporated herein `
by reference, and any defanlt by the Mortgagor thereunder shall be-
an event of default under this Mortgage.
1:-
This mortgage and the note-it~secares wlll also evidence and secure
~ pezmanent mortgage financing, an~d when construction has been
completed and the terms of the aforementioned Construction Loan ~
~ Agreement have be¢n fnlly performed and eatisfied, said Conetructfon 4:
Loan Agreement shall have no further force or effect and only the
. terms and-provisions of this mortgage and the note thereby secured
, shall thenceforth be applicable. ~ ~ -
Thia Mortgage is re-~ecorded to correct the legal descriDtion.
Together with all atructurea and improvements now and hereaftez on said land, and 8atares attaehed
thereto, and all rentay iaaues, proceeda, and profita accruing and tfl aocrae from aaid premisea, all o! wtuch
ara included within the ioreg~oing deacription and the habendum thereoi; also all gsa, ateam, electrlc,
aater, and other heating, oooking, refrigeratin8. 1i8'~~5. Plumbing. ventilatin8. ~8'a~8, ~a Power
systema, machines, appliances, fu~turea, and appurtenancea, which now are or may hereafter pertain to,
oi
be used with, in, or on said premiaea, even though they be detached or detachable.
To A~vB si~m To Hot.n the same, together with all and aingular the tenements, hereditamenta and ap-
pnrtenancea thereunto belonging or in anywise appertaining, and the reveraion and reveraiona, remain-
~ , der or remainders, rents, issuea. and prnfits thereof, and alao all the estate, right, title, interest, home-
atead, dower and right of dower, aeparate estate, poasession, claim and demand whatsoeveT, as arell in
law as ineq uity, oi the aaid mortgagor in and to the same, and every part thereof. with the appurte-
nances oi the aaid mortgagor in and to the same, aad every part and parcel thereof unto the said
mo tgagee in fee simple. • ~
- ~ And the mortgagor her~r covenants a?ith the mort,gagee, that he is indefeaa~ly aeized of said land
in fee simple; that he haa fuli power and lawful right to convey the aame in fee simple as aforeasid;
that it ahall be lawfnl for the mortgag~ee, at all timea peaoeably and quietly to enter upon~ hold~ axupy,
~ and ~oy aaid land, and e~very part thereoi; that the land ia and will reanain free from all encumbranc~;
thst said mortgagror will make snch fnrther aaaurano~ to prove the fee aimple title to aaid land in said
~ mort~agee as may be reaaonably required. and that aaid mortgag~or dcea hereby faUy warrant the title
bo said land, and every part thereof, and will defend the same against the lawfnl claims o! sll persona ~
whanaoe~?er.
- Pso~DBa Ai.w~YS that if the mortgag~or ahnll pay unto the mortgsgee that oertsin promissory note,
~ c~ ~vhich the follovrnng ia s~ subst~atisl copy, to wit:
=17 , 200. 00 Fort Pierce ~ ~0~~
~ . ~ October 23rd•19 63
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