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~N-1834 THIS INSTRUMENT PREP1UtED BY:
• EUGENE F. BIE
A T T O R N E V
2~~IV~S NORTH PALM EACH!FLORIDA
THI3 MOBTGA(iE DEED, maae ~a exec~cea che 9 agy or ~June . ia72 ,
by ;
a
FT. PIERCE CONSTRUCTION CORP., a Florida corporation ~
hereinafter called the Mortgagor. which term shE?11 include the heirs, legal representatives. successors and assigns
oi the said Mortgagar wherever the rnntext so requires or admits.
co FREDERICK Z. PEARSON and D. J. HELLER, as tenants in corrunon
hereinafter called the Mortgagee. which term shall include the heirs, legal representativea. auccessors and assigas
of the said Mortgagee wherever the context so requirea or admits.
: Tbat for dlven soal and valusbk conaiderationa, and alao in consideration of the aggre-
gate aum named In the promis~ory note of even date herewith hereinatter described. the aaid Mostgagor does
henby grat~t, bargain. sell. ali~n. nmise, release, convey and confirm unto the aaid Mortgegee. his hdre. aucceaaora
aad assigas. all the certsin piece . parcel or tract of land, oi which the said Mortgagor b now ~aised aad
po.ee~sea ana m actual poaseasion. aituate in che councy ot Bt. Lueie ana sate ot gtoria., aescribea
•s tollows:
Property more particularly described on Schedule "A", which is
attached hereto and made a part hereof.
/ ~r~ d
p~ ~..lQs;dlL'.~ IR .1~YI~IT Oi TAi(Et
DtlE ON ClA~t'C 1litAN~1~lE fER90MAl NIO~f3?Y,
~ ~MMT TO GMPiER 71•13t, ACTS Of 1~71.
` ~OCf~ IONW1?? Cl~rt C.~mit Cow~ SL tMds Co- F1a ~
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Any extension or enlargement af the recreation area -
~ described on Schedule "A" shall be subject to the '
~ lien of this mortgage.
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~ This Mortgage shall constitute e lien on any recreationel area
or facility operated as sn adjunct or in connection ~rlth the
~ Colonnades Condominium.
TO AAVE AND TO ROLD the aame. together wlth all aad singular the tenements, hercditaments and ap-
purtenancea thereunto belonging or in anywise appertaining aad the reveraion aad nversioat. na?ainder and
remaindera, renta, issues and protits thereot and also all the estate, . right~ title, interea~ property, Poasession,
claim and ~emand whatscever aa well in law as in equity of the said Mortgagor in and to the eame and every part
~ and parcel thereot unto the said Mortgagee, and hia heirs, successoro and aaaigna, in fee aimple: ~
And said Mortgagor, for himself, and his heira, legal representatives, succeasors and assigns, hereby coven-
ants Kith said i?tortgagee, hi~ heirs, legal representati~es, succeasors and assigna. that eald 1liortgagor is inde-
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feasibly ~eized of said land in fee simple; that the said Mortgagor has full power and Iawful right to convey the
~ same in tee simple as atoresaid; that it shall be lawful for said Mortgagee, h1s heira, legal representativea, suc-
~
~ cessor~ and assigns, at all time~ peaceably and quietly to enter upon. hold, occupy and enjoy said land and every
~ psrt thereof; that said land i~ free from all incumbraneea; thst said Martgagor, hia heirs, legal repcesentsUves,
~ successors and as~lgns, wili make such further assurancee to perfect the fee simple titla to aaid land in aaid
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Mortgagee, hi~ heirs, legal representatives, successora and assign~, as may reasonably be required: and that said i
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~ Mortgagor does hereby fully warrant the tiUe to aaid land and every part thereot and will defend the same agatnst
~ tbe lawful ciaims o! all persons whomsoever.
~ PBOVIDED ALWAYS, That if sald Mortgagor shall pay unto the sald Mortgagee the certain promissory
~ note, of whtch the following in worda and figures is a true copy, to-wlt:
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