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THIS MORTGAGE INDENTURE, executed this 8th day of MBrCh , A. D., 19 71 , by
GAYLAND H. REED CONSTRUCTION, INC.,
a Corporation duly organized and existing under the laws of the State of Florida, hereinafte~ called the 1lortgagor, which ;
term u used in every instance shali include the ~lortgagor's heirs, executors. administrators, suCcesson, legal rcpresenta- '
tives and assigns. either voluntary by act of the parties or involuntary by operation of law and shall de~wte the singular and/or
plural, and tht masculine and/or feminine and natural and/or artificia) persons, ~a•h~never ~nd ~a•here~~er the context so re- ~
Quirea or admits, partics of the first part, and PAN AMERICAN BANIC OF MIAMI ~ a corporation ~
under the banking laws of the State of Florida, ~
hereinafter called the .~Iort~aRee, pan~• of the second part, ~
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WITNESSETH, That for divers good and valuable ooruiderstions, and to secure the payment of the aggregate sum of i
money named in the promissory note of rvrn dste hercwith, hereinaher mrntione~= to~ether with intercst thereon and all other
sun~t of money secured hercby at hereinafter pmvided, the Mortaa~or doa ~rant. bargain, sell, alien, remise, release, convey
and con6rm unto the ~~Iortgagee, in fee simple, the following dacribed nal atate, of which the Mortgagor is now seiud and
poasessed, and in actual possession, situate in tl~e County of....._St....Lucie._.., State of Florida, legally described u follows: ~
PARCEL 1: The West 75.23 feet of Lot 1, Block D;
PARCEL 2: The West 35 feet of Lot 2, Block D, and the East 33 feet
of Lot 1, Block D;
AND
PARCEL 3: The East 65 feet of Lot 2, Block D;
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All in PLEASANT VIEW SUBDIVISION, according to the Plat ~
thereof, as recorded in Plat Book 8, Page 53, of the
Public Records of St. Lucie County, Florida.
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~ TOGETHER with all furniture, furnishinQs and fiutvres and any replacements thereof which are now or may hcreafter
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; be located and situatc on the above described property, and all structures and improvements now and hereafter on said land and
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che fixtures attached thereto, also together with all ind sin~ular the tenements, hereditamenu, easements and appurtensnca
' th~reunto belonging, or in any wise appertaining, and the rents, issues, and Profits thereof, and also all the estatc, right, title, f
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~ ty, of said ~Iortgagor in and to the same, and e~ery
= incerest and all clai~ and demands whusoever, aa well in lsw as in equi
~ part and parcel thcreof, and also ill gas and electric fixtura, radiators, hcaters, air conditioning equipment, machinery, boilers,
~ ranges, elevators and moton, bath tubs, sinks, water dasets, wuer bssins, pipcs, fauceu, and other plumbin~ and heating fix-
~ tures, mantels, refri~erating plants and ice boxes, svindow+ xroens, tcrern doors, venetian blindi, storm shutten snd swnines,
~ which are now or may hereafter pertsin to or be used with. in or oa said premisa, evrn though they be detuhed or detachable,
~ arc and sha{l be de~emed to be 6xtures and accessiocu to the freehold and a part of the rcalty.
~ TU HAVE A:~1D TO HOLD the above described property unto the Mortgagee, its successors and sssiens forever.
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~ The ~lortgagor hereby rnvenants with the :1'Iort~a~ee thu the MortQaeor is indefeuibly seized with the absolute snd fee '
~ simple title to uid property, and has full power and lawful wtlwritq to tell, oonvey, transfer and mortga~e the ume; that it ~
' shall be iaw-ful u an time hereafter for the Mort to peaceably and uietl enter u
y ~a~ee q y pon, have.hold,and enjoy uid prop- ~
~ ~rt~~, and e~•tr}~ part thereof ; that uid property is free and discharQed from all liens, encumbranca, and claims of any kind, ~
„ including taxcs and assessrrxnts; and that the Mort~agnr hereby fully wurants unto tAe :~1ort~a~re thc title to uid property
and N-ill defend thc sanx against t6e lawful cltirm snd deu~ands of all persons whonuoever.
~ \O~V, THEREFORE, the condition of this mort~aee it such thst if the 1~lortga~or shall weU snd ~ruly pay unto the
~ lllortgagre, ch~ indebcedness evidenced by that ceruin pmmiswry note, of even date herewith, made by the ~lortea~or and
- pa>ablc to tht ~Iortgag~c, in the principal sum of THIRTY-NINE THOUSAND AND NO~100 flOLLARS
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~ 3 39 , 000 . 00 together Nith interest as thercin stated, and shali ~erform, comply with and abide b~ each arsd ~ ~
y~ cc~rc thr :tipulations, agrecments, conditions and covenants contained and set forth in this mortgage and in the promissory ~?ote {
- ,ccurcd hcreb~.th~n thi. mortgage and chc atate bereby created shall ceas~ and be null and void. ~
A\U thr ~lurtKaKur d~s hereby co~•enant and agree:
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~ 1. '1'o per(orm, comply witA snd sbide b~ esch ~ad e~sryr tbe ~tipulatioos, s~rccment~, caaditions and cor~oaats contained aod u~ ?
i~,r~h ~n .s~d promi+wry note and this mortpte deed.
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