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Home My WebLink About2987 . . zoszss COII?OII~TION ~ ort ga~ ge ~ . I 2 THIS ~tORTGAGE INDE:~TURE~ execuced this 8th day of March , A. D., 1971 . by . GAYLAND H. REED CONSTRUCTION, INC., ' a Corpontion duly organizcd and existing under the laws of the State of Florida, hereinafter call~d the ~lortgagor, w•hich term u uscd in every instance shall include th~ ~lortgagor's heirs, executon, administrators, succ~ssors, legal rep~esenta- . tives and assigns, either voluntary• by act of the parties or involuntary b~ operation of law• and shall denote the singula~ and/or plural, and the masculine and/or feminine and natura) and/or artificial {xrsoiu K•h~nc~•~r and w•herever the c ntext so re- Quires or admits, partiex of the first part, and p1~N AMr%RICAN BAD1K OI~ MTAMI ~ a corporat~OA under the bankinq laws of the State of Florida, i ; h~reinaft~r called the ~IortRaAee, part~• of the second part, ~VIT~IESSETH, That for dive~s Qood snd valuable ooruiderations, and to secure the payment of the sggregate :um of money~ named in the pmmissory note of tven date herewith, hereinafter mentioned, toQether with inte~cst thereon snd al! other sun~ of money secured hereby as herei~after provided, the MortQaQor does grant, bareain, sell, alien, remise, releuc, convey and con6rm unto the ~Iortgagee, in fec aimple, the followin~ described real estate, of which the Mortgagor is now seiud and possessed, and in actual possession, situate in the County of... St Lucie.._...,, State of Florida, I~gally de.scribed u follows: PARCEL 1: The North 40 feet of Lot 6 and the South 30 feet of Lot 7, ~ Block 2; ~ PARCEL 2: Lot 2 and the South 20 feet of Lot 3, Block 2; ~ PARCEL 3: All of Lot 5 and the North 10 feet of Lot 4 and the South 10 feet of Lot 6, Block 2; PARCEL 4: Lot 8 and the North 20 feet of Lot 7, Block 2; ~ 3 Y ~ ~D i PARCEL 5: The North 30 feet of Lot 3 and the South 40 feet of Lot 4, ~ Block 2; ' All in FAIRLAWN SOBDIVISION, City of Fort Pierce, according ~ to the Plat thereof, as recorded in Plat Book 6, Page 5, of ~ ~ the Public Records of St. Lucie County, Florida. ~ ` TO(~ETHER with all furniture, furnishines and 6xtures and any rcplacemenu thereof which are now or may her~aftcr ~ ' be located and situate on the above described property, and all struttura and improvements now and hereafter on said land and ~ t ' ~ che 6xtures attached thereto, ilso together with sll and sin¢ular the tenrnxnts, hereditaments, easemenrs and -appurtenances ~ ~ thereunto belonging, or in any wise appertaining, and the rrnn, issues, and profits thereof, and also all the estate, right, title, ~ ~ interest and all claims and dcmands whatsoever, as wetl in law as in equity, of said ylortgagor in and to the ume, and every ± ~ part and parcel thereof, and also all gu and electric fiatura, ndiators, heaters, air conditionin~ equipmcnt, machinery, boilers, ~ ` ranges, elevators and moton, bath tubs, sinks, wzter closets, water buint, pipes~ faucets, and other plumbin~ and heating ~is- ; ~ tura, mantels, refri~erating plants and ice boxa, windo~v xrcem, scretn doon, venetian blinds, storm shutters a~d awnines, : ~ w•hich are now or may hereafter pertzin to or be wed witi~, in or on said premisa, evrn though they be detuhed or detuhable, ~ are and shall be deemed to be 6xtura and ucasio~u to the frahold and a ptrt of the realty. ~ TU HAVE A:~3D TO HOI.D the above dexribed property unto the Mortg~gee, its successon and ssaigns forever. ~ ~ ~ The \tortgagor hereby rnvenants witA the :4iort~aQee chat the Mortea~or is indeftuibly seized with the absolute and fet # ~ simple ade to said propeny, and hu full power and lawfttl autlwrity to xll, convey, transfer and mortga~e the ume; that it ~ shall bc lav?~iul at any time hercafter for the Mort~a~ee-to peacesbly md quictly rnter upon, have, hold, and enjoy uid prop- ~ ~ ~ ~ ~rt~~, and eetr~ part thereof ; that uid property is free and di:chsreed from all liens, encumbranca, snd claims of sny kind, ~ ~ ~ ~ inclu3ing ta~cs and asxssnxnts; and that the :~iort~a~r henby fully warranb unto the ~lorteagee the title to ssid propcrty ~ = and ill dricnd the sanx against the lawful clai~m and deaunds of all persons whomsoever. i £ \OW, THf:RE FORE, the cundition of this mortea~e u wch that if tht :~'1ort~a~or shaU well and truly pay unto the ~ ~ :ti 1lurtqag~~, thc indcbtrdn~ss ~cidenc~d by that oertain promia~ory note, of even date herewith, made by the Nort¢a~or and ~~a.ablc tu th~ \iorrgagK, in the principal sum of SIXTY-FOUR THOUSAND AND NO~100 DOLI,ARS , 64, 000. 00 togethtr w•ith intertst u therein stated, and shall perform, comply v?ith and abide by ~ach and ~ ~ ~.~rr? rt?~ .tipulations, agr~rments, conditions and wvenants contained and set forth in this morteage a~d in the promissory note ' ~ .c~~~,r~~i hercb~. th~n thi. nx,rtgage and the atate hereby created shall cease and be null and void. :~\U nc~ ~1~~r~KaKur doc~ her~by cov~nant and agret: ~ 1"to partorm. ~ompl~ Ni~h and abide br each •ad sve?r d~t ttipul~tioos, ~treetnean, eonditioa~ ~od cor~a~ot• tunuiotd sad ~t~ ~ t.,r~h in •sid prom~,wn note and ~hi~ mor~p~e dted. ~ rro 1f ~Qli~ 190 ~.'7~ ~ Y~ ~ . . ~ : . ~ _ - ~t:r ~ v. . . . _ . . . ~ ~ _ ~.'3 _ ~ ~i