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O~E ON ~IASS 'C Ip?lIIIGI~.[ PER901iJ1t IIIOrE~IY~ ~
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~ ~ ~ ~ ~ ~ MORTGAGE
This Mortgaqe, dated the 16th day of May, 1972, by and
between GORDON S. NOTT HOLDING COI~ANY, INC. , hereinafter called
the Mortqaqor, and MIDLAND•MORTGAGS CO., hereinafter called the
Mortqagee.
WI~NESS~~ii: That for div+ers gaod and valuable con~ider-
ations, and also in t~nsi~r~tfon ~h~ ~+~g~~g~~~ s~ named
in the promissory note hereinafter described, ~ the saic~ Mortgagors
do hereby grant, bargain, sell, alien, remise, release,
convey, and confirm unto the said Mortqaqee, all that certain
piece, parcel, or tract of land of which the said Mortqaqors
are now seized and possessed and in actual possession, situate
in the County of St. Lucie and State of Florida, described
as follows:
"SEE LEGAL ATTACHED HERETO AS SCHEDULE A"
Together with aZl structures and improvements naw and
hereafter on said land. and fixtures attaGhed thereto, and
all rents, issues, proceeds, and profits accruing and to
accrue froan said premises, all of which are included within
the foregoing description and the habendum thereof; also
all gas, steam, electric, water and other heatinq, cooking,
refrigerating, lighting, plwnbing, ventilating, irrigatinq,
and pawer systems, machines, appliances, fixtures, and appurtenances,
which now are or may hereafter pertain to, or be used witit, in or
on said premises, ev~en thouqh they be detached or detachable.
TO HAVE AND TO HOLD the same, together with all and singular
the tenements, hereditaments and appurtenances thereunto belonqing
or i.n anywise appertaining, and the reversion and reversions, re-
mainder or remainders, rents, issues and profits thereof, and also
all the estate, right, title, interest, possession, claim and
demand whatsoever, as well in law as in equity, of the said
Mortgagor in and to the same, and every part thereof, with the
appurtenances of the said Mortgaqor in and to the same, and every
part and parcel thereof unto the said Mortgagee in fee simple.
. And the Mortgagor hereby cov~enants with the Mortgagee,
c~ that they are indefeasibly seized of said land in fee simple;
~ that they have full pawer and lawful riqht to convey the same
~ in fee simple as afo=esaid; that it shall be lawful for the
Mortgagee, at all times peaceably and quietly to enter upon,
_ ? hold, occupy and enjoy said land, and every part thereof;
that the land is and will remain free from all encumbrances;
that said Mortgaqor will make such further assurances to prove
~ the fee simple title to said land in said Mortgagee as may
_ be reasonably required, and that said Mortgagors do hereby
= fully warrant the title to said land, and every part thereof,
' and will defend the same aqainst the lawful claims of all
persons whomsoever.
PROVIDED, AIWAYS, that if the Mortgagor shall pay unto the
Mortgagee the indebtedness to Mortgagee in the principal sum
of One Million Two Hundred Thousand Dollars ($1,200,000.00) as
o evidenced by that certain promissory note of even date herewith,
H executed by Mortgaqor and payable to the order of Mortgagee,
~ with interest and upon the terms as provic3,ed therein, the final
~ maturity date of which note and of this mortgage being two (2)
H
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T;t:S :ti:j^'J`!~kT `t:aS P~[PA~E~ 8Y!
Gene H. Godbold
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