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Home My WebLink About1609 ST-25,253 ~ / ~ ~i a5 te ~ ~ ~ -!;,.~:~:r.e 259246 ~ t--.~.=5 t , ~ P~!i i : co~ro~wx~oM ~ortga~~e : THIS MORTGAGE INDENTURE, exccuced thia llth day of July , A. D., 19 73 , by PRBCISION NATIONAL HO~S, INC., : a Corporation duly organized and cxisting under the laws of the State of Florida, hercinafter called the :~fortgagor, which ; term as used in every instance shall include the ~Iortgagor's heirs, executors, administrators, suaessors, legal repraenta- ti~es and xssigns, either voluntary by act of the pxrties or involuntary by operatio~ of IaH• and shall denote the singu~ar and/or - pluril, and the masculine and/or feminine and naturat and/or arti6cial persons. t~•h~acver and where~er the context so re- Quires or admics, parties of the 6nt part. and pA,N AI~RICAN BA~IVR pg MIAMI, a corporation under the ~ banking 2aws of the State af Florida, ' _ hereinafter called the 141ortgaRce. partv of the sernnd part, ~'VITNESSETH, That for divers good and valuable aonaideratio~, and to secure the paymenc of the aggregate sum of i money named in the promi~csory note of tven dste herevvith, hereinafter. axntioned, together with int~rest thereon and all other sun?s of money secured hereby u hereinafter provided~ the Mortgagor does grant, bargain, sell, alien, remise~ relessq convey ; and con6rm unto the vYortgaga, in fee simple, the following dacribed real estate, of whirh the 1~longagor is now seiud and ~ possessed, and in actual possession, situate in the County of.......$t~....~u~ie........~ State of Florida, legally described u follows: ~ Lots 14 and 15, Block 126, PORT ST. LUCIB SEGTION 27, according to the Plat thereof, as recorded in Plat Book 14, Page 5B, of the Public Records of St. Lucie County, Florida. i REf~1Y[D o•~ b IN PArMENT OF T~ DUE ON Cuss ~ ~nT~GU~ rf~±~o::a~ P!o~Rn, PURSIJAlfr TO CRAPTER )1-13t, IIClS OF 1lll.~r IIOGER POIT(W j~ ` C[ERK CIRCWT OOtIRT~ ST. UICtE 00, F!A U ; x i { TOGETHER with all furnitun, furnishings and fixtures and any replacements thereof which are now or may hereafter be located and situate on the above described property, and all structures and improvements aow and hereafter on said land and , the fixtures attached thereto, also together with all and singulsr the tenenxnts, hereditaments, euemencs and appurtensnca j thereunto belonging, or in any wise appertaining, and the rents~ issues, and profits thereof, and also all the estatt, right, title, i interest and all claims and demands wharsoever, as wtll in lsw as in equRSr, of said Mortgagor in and to the same, and tvery ` part and parcel thereof~ and also all gu and electric fixtures, radiaton, heaters~ air conditioning equipment, machinery~ boilers~ ~ ~ ranges, elevators and motors, bath tubs, sinb, water closets, water basuu, pipa, faucets, and other plumbing and heating ~ix- ' ~ tures, mant~ls, refrigerating plants and ice boxa~ window screau, screen doors, venetian b[inds, storm shuttcn and awnings, I ; ~ µ•hich are now or may hereafter pertain to or be uaed with~ in or on said pranises, evrn though they be detached or detschable, 3 are and shall be damed to be fixtures and accasions to the freebold and i part of the realty. ; k ~ r ~ TO HAVE AND TO HOLD the above described pmperty unto the Mortgager, its suaessors and assigns forever. ~ ; "I'he ~Iortgagor hereby rnvenants with the :Viortgagee that the Mortgag~or is indefessibly seiud with the absolute and fee ~ ' simple cicle to said property, and has full power and lawful authority to aelt~ convey, transfer and mortgage the ume; thzt it ~ shaii be laK ful at any time hereafter for th~ Mort~agee to pesceably and quietly rnter upon, have. hold, and enjoy said prop- ~ ~rty, and e~•ery part thereof; that sa;d property is free and diacharged from all liera, u~cumbrances, and clai~u of any kind~ inrluding taxcs and uscssmenu; and that the Mort~a;or henby fully watrsnts unto the ~lortgagee the title to said property and H•ill defend the same against the lawful dai~ and demands of all persons whomsoever. ~ f \O~i~, THEREFORE, the condition of this unortgage is such that if the Mongagor shall wcll and troly pay unto the j ; !~Iortgagee, th~ indebtednrss evidenced by that oertain protniasory note, of evm date herewith, made by the :Vlortgagor and ~ pa~~able to the ~Iortgagee, in the principal sum of TflIRTY-NINE THOUSANID TWO AUI~RED AAID NO/100 DpLLARS ~ ~ ~ (3 39,200.00 together with interest u therein stated, and shall perform, rnmply with and abide by each and s ~~cr~• thr stipulations, agreements, conditions and eovrnants contained and set forth in this mottgage and in the promissory note s •ecurcd h~rcb~~, thrn thi; mortgage and the estate berebv crested shall ceax and be null and void. - A\U thc !liortgagor do~s hereby covenant and agree: = 1. To perform, comply ~i~h and abide br eac6 aod e~ery the stipulations, s~~eaacon, eonditioos aod COYtOiD[f contained aod ~a ; forth in said promiswry note and thi• mortgagc detd.This Instrument Was Prepa?ed ByS `r w~~ ~~~O J. BERNtif'~ SPECT!:R. At;orney ~ `J ~ ,.,c It 150 S. 3rU Avenac. ::~ami, fla. 33131 ~ '";~~C ~ ~ , _ _ . ,