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THIS MORTGAGE INDENiTURE, executed this 13th dsy of August , A• D•. 19 73 , by
PRBCISION NATIONAL HO1~S, INC., !
a Corporation duly organized and existing under the laws of the State of Florida, hereinafter called the ~fortgagor, which
term u used in every instance shall include the ~Iortgagor's heirs, executors, administrators, successors, legal rcpresenta- ;
tives and assigns, either voluntary by act of the partics or involuntary by operation of law and shall denote the singular and/or j
plural,_and_tht.masculiae_gnd/4r feminine,and, mtural and/or artificial persons, whenever and ~rhercwer the context so re- ~
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Quires or admits, parties of the fint part, and p~ ~~CAN BANR OF MIATYII, a corporation under the ~
hanking Zaws of the State of Florids,
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hereinafter called the b•lortga~ce, part~• of the secc?nd ~art, ~
WITNESSETH, That for divers good snd valuable aonaiderations, and to secure the payment of the aggregate sum of ~
money named in the promissory note of even due herewith, hereinafter mentioned, together with interest thereo~ and all other ~
suna of money secured hereby as hereinafter pmvided~ the Mortga~or does grant, bargain, sell, alien, remise~ release, convey
and confirm unto the 11~Tortgagee, in fee simple, the following descnbed rtal estate, of which the 3longagor is now seized and t
possessed, and in actual po~ion, situate in the County of........~SX._._kuG~.~....__, State of Florida, legally described u follows: ;
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according to the Plat thereof, as recorded in Plat ;
Book 14, Page 4, of the Public Records of St. Lucie ~
County, Florida. ;
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p1~ pN quS 'C' INTAIiGIBIE PEpS~tiAl PROPEAI~. /
p01t5(IANT TO Ct1l1Q'•fR 11-134. l~iS OF 1911.h~~ ~
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ROt~ER POIiMS t
' - f~,E1lK GIRqlIT COUNT. St. l'JCIE 00, f1J1. ~
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~ -T~CE"f-HER with ali furniture, #urnishines and fuctures and any replacemrnts thereof_which_are now or_may hereafter
i be located and situate on the above deacribed property~ snd all structures and improvements now and hereafter on said land and
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~ the fixtures attached thercto, also togeth~r with all and singular the tenements, hereditaments, easements and appurtmanus '
~ ther~unto belonging, or in any wise appertaining, and the rents, issues, and profits thereof, and also all the estats~ right, title, ;
~ interest and all clu~ and demands whatsoever, as well in Itw as in equity~ of said Mortgagor in and to the same, and every F
~ part and parcel thereof, and also all gas and dectric fiztura, rYdiatora, heaters, air conditioning equipmrnt, nuchinery, boilers, ?
~ ranges, elevators and motors, bath tubs, sinks~ water dosets, water basim, pipa, faucets, and other plumbing and heating fix-
~ tura, mantels, refrigerating plants and ice bo:a, window screens, screen doors~ venetian blinds, storm shutters and awnings,
~ which are now or may hereafter pertain to or be wed with, in or on said premisa. evrn t6ough they be detachcd or detuhable,
are and shall be d«med to be fixtures and acceasions to the fm]wld and s part of the realty.
~ TO HAVE AND TO HOLD the above darn'bed property unto tlx Mortgagee, its suocesson and assigns forever.
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~ The 1lortgagor hereby covenants with the Mortgagce thst t1~e Mort~agor is indefeuibly seized with the absolute and fee `
~ simple title to said property, and has full power and lawful aut6oritq to sell, convey, tracufer and mortgage the ume; that it
~ shall be laK ful ~t any time hereafter for the l~Tort~a~oe t~n pesasbly and quietly enter upon, have, hold, and enjoy said prop- _
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~ crt~•, and every pari thereof ; that uid property is free uid distha[~d. _ fmm_ all lie~u,_ encumbrances, and clai~ of any_ kind, '
including taxes and asscssmcnts; and that the Morteagor herebq fullq wurants unto the Mortgagee the title to uid property
and ill defend the same against the lawful claima and danands of all perso~ whoassoever. ~
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~ ~:OW, THEREFORE, the condition of this mortgsge is such thst if the Mortgagor shall weli and truly pay u~to the ~
~ 111ortgag~e, the indcbcedn~ss evidenced by that oertain promissor~ note~ of even date herewith, made by the :Vlortgagor and ~
~ and No/100
~ pa~~abl~ to the ~lortgagee, in che principal sum of Forty-Five Thousand Seven Hundred 1~aenty / DOLLARS
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~a l3 45,720.00 together w-ith interat zs therein statcd, and shall perform, comply with and abide by each and -
~ ~~•ery thr stipulations, agreements, rnnditions and oovrnants oontained and set forth in this mortgage and in tl~t proar.issory note #
~ .ccurcd her~b~~, th~n this mortgage and the estatt bercbq created shall cezse and bt null and void.
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~ A~U thc !1lortgagor docs hcreby covenant and agret:
~ 1. To cr(orm, com I veith and abide b ese6 ~ ev tbt rti ul s r eooditiooa aod oorenaot~ rnntained aod at
TM forth in said p omiswry no c and this mortgage dctd. ~ S~strumer~ ~a°g Q~~~f~~:
~ J. BERNAR~ SPECTOR, Attorney O R~~Q
~ 150 S. E. 3rd Avenue, Miami, Fla. 33131 BLuK V PAGf r.r~
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