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Home My WebLink About1117 i ST-25,493 Y~ i-~-~--- . , , 261,Q~1 j r , ~ ~ j ~ ' ~ r ~ ~ ` ~ r.~~;'..% _ ~ i . ' - ,f-, - ~f ~ co~roe~noM ~ o r t g~ g e i ~ 1 I THIS MORTGAGE INDENTURE, executed this 6th day of August , A. D., 19 73 , by ~ PRECISION NATIONAL HOM3S, INC., ' ~ a Corporation duly organized and existing under the laws of the State of Florida, hereinafter callccl the :4lortgagor, which i term as used .in every instance shall include the klortgagor s heirs, executors, administrators, successors, legal npresenta- i tives and assigns, either voluotary by act af the parties or involuntary by operation of law and shall denote the singular and/or plural~ and the masculine and/or feminine and natural and/or artificial persoru, whenever snd wherever the cootext so re- Quirea or admits, parties of the first part, and pAN A1~RICAN BANK OF MIAi~lls a eorporation under the banking laws of the State of Florida, hereinafter called the Nlortga~Cee. partv of the second part, ~ WITNESSETH, Tlut for diven Qood and valuable aonsiderations, and to secure the paymrnt of the aggregate sum of money named in the proaussory note of even due hertwith~ hereinaher mentioned~ together with interest thereon and all other sun~s of money aecured hereby as hereinafter provided, the Mortga~or does grant, bargain, sell, alien, nmise, rdease, convey and confirm unto the Nlortgagee, in fce simple, the following descn'bed real estite, of which the vlortgagor is now seiud and possessed, and in actual possession, situate in tlx County of.......~t.....LuCie....._., State of Florida, legally described zs follows: . Lots 17 and 18, Block 102, PORT ST. LUCIB SECTION 27, according to the Plat thereof, - as recorded in Plat Book 14, Page S-C, of the Public Records of St. Lucie County, Florida. 9 ~ z S~ ~ : IN PAYMEM OF TIU(FS ~lE OM CIJISS'C' INTAN6IBLE PfRSpIVA~ PROPER(Y, PURS11ANi TO C1iAPTER 71•134. ACiS OF 19)l. R06ER PORRIIS a C~FRK 61RCUlT 00!lRT. ST. U1CIE OD, fUl ~ 14 ~ TOGETHER with all furnitun, furnishings and fuctures and any rep1acemrnts thereof which are now or may herufter i ~ be located and situate on the above desmbed property, and a11 atructura and improvements now and hereafter on said land and the fixtura attachcd thento~ also together with all and singular the tenanents, hereditaments, easements and appurtrnanoea ~ ~ thereunto belonging, or in any wi9e appertuning, and the rents~ issues~ and pro5ts thereof, and also all the atate, right, title, ` ~ interest and all claims and demands whatsoever, ss wr11 in 1aw as in e4wtY. of said-1Viortgagor in and to the same, and every ~ part and parcel thereof, and also all gas and electric fixtures. radiators, heaters, air condirioning equipmrnt, machinery, boilers, ~ ranges, elevators and motors, bath tubs, sinb, water closets, water bssi~~ pipea, faucets, and other plumbing and heating fia- tura, mantels, refrigeruing plants and ice bozes~ window ~creatt, scrern doon. venetian blinds, storm shutters and awnings, which are now or may herafter pertain to or be used with~ in or on s~id premises~ even though thty be detached or detachable~ are and shall be decmed to be fixtures and ucasioro to the frahold and s part of the realty. , TO HAVE AND TO HOLD the above dtscribed property unto t6e Mortgagee, its successors and assigns forever. ~ The ~'Iortgagor hereby rnvenants with the Mortga~ee thst ihe Mortgagar is indefeuibly seized with the absolute and fee simplc title to uid property, and hzs full power and law#ul iuthority to sell, oonvey, truufer and mortgage the ume; that it shall be lawful at any time hereafter for the Mort~agee t~ pacesbly and quittly mter upon, have, hold, and enjoy said prop- ercy, and every part thereof; that uid property is fra and diuhargtd fmm all lian, ercumbranca. and daims of any kind, ` " including taxu and asxssmenu; and that the MortQa~or hereby fully wursnts unto the Mortgagee the tide to said property ~ ~ and N•ill defe~d the same against the lawful claims snd demands of all persor~s whomsoever. ~ ; ~ 10~'V, THEREFORE, the wndition of this mortga~e a sucb that if the Mortgagor shatl wdt and truly pay unto the ~ E ~ l1lortgagte, the indebtedness evidcnced by thst oertsin pramis~ory note~ of evrn date herewith, made by the :Viortgagor and pp ~pp i ~ pa~~abk to the ~Iortgagte, in the principal sum of FORTY-SIR TAOtTS~?~ID OI~ HUPIDRSD TWL~IVB/DOLLARS - 46,125.00 together Kith interat as therein suted, and shall perform, comply with and abide by eufi and ~.•er~• thr stipulations, agrecments, rnnditions and oovenants oontaintd and set forth in this mongage and in the promissory note .ecured h~rebc, th~n thi: mortgage and the atate hereby created ahall ceue and be null and void. A\ U the ~fortgagor does hereby covenant and agrte: t 1. To perform, comply wi~h and sbide br eac6 ~od e~eq tbt stipulstioor, a~re~s~p. oooditioos aod oorcnaats eontained sod sa fo~th in ~aid promiswry nott aad this roongagt detd. rni5 ins~+ur'~P"t ~~'a~ Pfe~'« ~ ~ .1. EEZt~'.:-~ ~F.~~T~? l~;~~rneY ~ ~ ..,o 1`_•0 S. E. 3rd Aven~e. h~~am;, Ffa. 33131 ~~1~~ - - - - _ - - - ~ ~ x ~ ~ ~.v~ .~.~.•t ~~3-_ . _ . ~