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HomeMy WebLinkAbout0353 ~ ~ ~ : ~ 2062g'~ ~ . ~ ~ 206485 , C011W11ATION ~ o r t a e gg THIS MORTGAGE INDENTURE, executed this 8th day of M8rCh , A. D., 19 71 , by ~ GAYLAND H. REED CONSTRUCTION, INC., ~ a Corporatio~ duly organized a~d existing under thr liws of the State of Florida, hereinaftrr callcd the ~Iortgagor, which ~ tcrm as used in every instance shall include the \Iortgagor'a heirs, executors, administrators, succc~ssors, legal rcpresenta- tives and usigns, either voluntary by act of tht parties or im•oluntary by operation of law and shall denote the singular and/or plural~ and the masculine a~d/or feminine and natunl and/or artificial persons, whenever and ~vhere~•er the context so re- Quires or admits, partics of the 6rst part, and PAN AMSRIGAN BANR OF MIAMI ~ a corporation under the banking laws of the State of Florida, hereinafter callcd the ~lortgaRee, part~ of thr sernnd t?art, 3 WITNESSETH~ That for divers good and valuible oon~derations, and to secure the paymrnt of the aggre~ate ~m of money named in the promissory note of evrn date herevvith, hereinsher mentioned, toQether with interest thereon snd atl other sun~ of money aecured hereby as hereinafter pmvided, the Mortea~or does ~rant. bar~ain, scli, alirn, nmise, release, convey and con6rm u~co the Mortga~e~e, in fa aimple, the followin~ descn'bed rul atate, of which the ~tortgagor is now aeiud ind ~ possessed, and in aaual pos~ssion, situate in the County of......St._..Lucie State of Florida, legally dacribed u follows: } L ~ PARCEL 1: ~t- l~ B~~el~ D, l~as tlr Bwat 38 l~~t tLsr~oi. 1~~~ 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; 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. y I Thia inst~ra~ent r~-recorded te sh~w th~ ' correct lesal description oi P~SCSL 1. ~ ~ : ~ j TOGETHER with ill furniture, furnishines and fiutuns and any replacemmts thereof which are now or may hercafter " ; be located and situatt on the above deacribed property~ and all structuns and impro~ements now and hereafter on said land and E the fixtures attached thereto, also together with all and singulu the tmetnents, hereditaments, easements and appurtensnoes ; s thereunto belonging, or in any w~ise appertainin~, and the rrnu, issua, and prorts thereof, and also al! the estate, right, title, ` ~ interest and all clairr~s and demands whataoever, as vvell in law as in cquity, of said :1'Iortgagor in and to the same, and tvery ' ~ part and parce! thereof, and also all gas and dectric fiztures. radiaton, heaters, air rnnditioning equipment, machinery, boilers, ranga, elevators and moton, bath tuba, sinks, water closets, water basiiu, pipes, faucets, and other piumbine and heating fix- ~ tures, mantels, refrigerstin~ plant: and ia boua, ~vindow scram, screen doors, venetian blinds, storm shutters and awnings, ~ ~ which are now or may herufter pertain m or be wed with, in or on said premise,s, evrn thougb they be detuhed or detachable, t ~ are and shall be deemcd to be fixtures and accasio~u to the free}wld and a part of the realty. ~ TO HAVE AND TO HOLD the above deacribed ~ property unto the Mort~agce, its suaesson and asaigns forever. ~ The ~tortgagor hereby covenants with the MortQaQee thu the Mort~a~r is indefeisibly seized with the absolute and fee a ~ simpte tide to said property, and has full power and lawful autbority m sell, oonvey, transfer and mort~a;e the same; thit it ` ~ shall be lav?ful at any time hereafter for the Mort~aeee t+~ pesoeably ~d quietlp enter upon~ hsve, hold, and enjoy said prop- ~ ~ crty, and every part thercof ; that said property is free and dischareed from all liem, encumbrances, snd dait~ss of anp kind, ~ = including caxcs and usessme~ts; and that the Mort~aeor hereby fully wuranb unto tAe Mortea;ec the title to said property and ~-ill deftnd the same against the lawful clai~ and demands of sll persoru whomsoever. ~ 10W, THEREFORE, the condition of thi~ mortQa~e it such thst if the MortgaQor shall well and truly psy unto the ~ !?Iortgag~e, the indebtedncss evidenced by tlut certain pramiswry note~ of evrn date herewith, made by the VlortgaQor and pa~abl~ to the ~lortgag~~, in the principal sum of THIRTY-NINE THOUSAND AND NO~100 flOLI,ARS ~ = ; ~ c3 39,000.00 together Nith interest as thaein stated, snd shall perform, eomply with and abide by each and ; - e~~cr~• th~ stipulations, agr~ements, conditions and wvrnants contsined and set forth in this mortgage and in the promissory note ~ ~ .cnurcd h~reby, thcn thi+ rnnrtgage and the atate bereby created ihall cease and be null and void. ' A; A\ U nc~ ~lortgaKor do?s hereby covenant snd a~ree: g ;ti ± 1. "!'o perform, cumqly Mi~A s~d abide ~r eteh •od e~sry tAt rtipulation~, s~retiaeot~, oonditiom aod tovtaants cont~ined aod ut (o«h in said promissary no~t aad this mortss=e dted. ~ R ~ zs ~ ~ ri6 ~t BGOX ~ - ~ e~~91 3~2 ' ~ - ; - . ,e;. 3 _ ' , . ~ : . . ~ . _ . _ . . ,