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THIS MORTGAGE INDENTURE, executed this 19th day of November . A. D.. 19 73 , bp
PRBCISION NATIONAL HOI~S, INC.,
a Corporation duly organized ind existing under the laws of the State of Ftorida, hereinafter catlcd th~ ~lortgagor, vrhich
term as used in every instance shap include the ~'lortgagor's h~irs; exccutors~ administraton, sueceswrs, legal representa-
tives and assigns, either voluntary by act of the parties or invotuntary by operation of laN• and ~tull denote the cingulir and/or
plural, a~d the masculine andi or feminine and natural and/or artificial persons, t~•he~e~•cr and w-herc~-er tht c~onte~ct so rc-
quires or admits, parties of the, first part, and p~ ~RICAN BANK ~ I~IIAMI, a corporation under the
banking laws of the State of Florida,
hereinafter called the :1•IortE;a~ee. partv of the urnnd part,
WITNESSETH, That for diven good and valuable oonsideratioc~s, and to secure the paymenc of the sg~regaa sum of
money named in the pmmissory note of even date hcrevvith, heranafter mentioncd. together w-ith interest tbercon and all othrr
sun~s of mone~ secured hercby u hereinafter pmvidcd, the 141ortgagor doa grant, bargain, sell, alien, remise, relesse, conve9
and rnnfirm unto the hlortgagee, in fee simpie, the following dacn'bed r~al estate, of which the ~iortgagor ~ no~ sriud and
p~e~sed, and in actual possession~ situate in the Cou~ty of......st~._Lucie._..._.,, State of Florida, legally desrnbed as fdlo~wrs:
Lot 25, Block 127, S~H PORT ST. LDCIE, iJNIT FOUB, "
according to the Plat thereof, as recorded in Plat `~~~,,<<i+•,•,.y~~,
Book 13, Pages 11A-11C, of the Public Records of
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St. Iucie County, Florida. ` • !`'r
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Cl!?SS •C ~NiAN~~ 19p~jL~ ~ ~~r,~~~? ~
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TOGETHER with all furniture, furnishings and fixtures and any repluemrnts thereof ahich are norr or mav hereafter
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t be located and situate on the above described property, and all structures and im~,rovennents now and hercafter on said land and
e the fixtures attached thereto, also together with all and singulu the tenements, hercditaments, e~ema?ts and appurte~uaors
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~ thereunto belonging, or in any wise appettaining, and the renta, issua, and profitt thcreof, and also all the aute. right, tide,
~ interest and all clai~ and demands whatso~wer, as well in law is in equity, of said ~iortgagor in and to t5e ssme, and erer~
~ part and parcel thereof, and also all gu and electric ~ixtures. radiatozs, heaters, air rnnditioning equipmmt, asicbinery, bolers,
ranges, devators and motors, bath tubs, sinks, wzter closets, anter basi~, pipos, faucets, and other plumbing and bntia~ fiz-
~ tures, mantels, refrigerating plants and ice boxes, window acreau~ sereen doors, vee~etisn bliads, storm shutten aad awnings,
~ K•hich are now or may hereafter pertain to or be uxd with, in or on said Prem~s, tven though dxv be detxl~ed or detxfiable,
~ arc and shall be deemed to be fixtures and accessions co the freehold and a part of the reatty.
~ TO HAVE A:VD TO HOLD the above descnbed property unto t5e iriorig~x, i~ suacessors and assigns forever.
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The 3lortgagor hereby covenants with the Mortgagee d?at the Mortgagor is indefeuiblp sazed ~vith tbe abwlute and fee
~ simple tide to said property, and has full power and lawful wthority to sell~ convey, transfer and mortgage tbe same; that it
a shall be laW ful at my time hereafter for the Mort~agee to pacesblY and quittly enter upon, havc, hold, and mjo~ said prc~
erty~, and e~er~• part thereof; that said property is fra and diachargod from all Grns, u~cun?branc~s, and claians of a~ kind,
= including taxcs and assessmenu; and that the Mortgagor hereby fully warranrs unto the 31ort~agee the title to said pmpert~
and w•iil defend the same against the lawful.clai~ and demands of all persoc~s whon~ssoever. -
~a \O~'V, THEREFORE, the condition of thia monQage is such that if the Mortgagor shall r~ell and trul' pa~ unto tfi~e
- I~Iortgagee, che indebcedn~ss evidenced by that oertain promisaory note, of even date herewich, made by the )diortea~or and
= APID NO/100
DOLLARS
pa~~ablt to the ~Iortgagee, in the principal sum of THIRTY-SIX THOUSAI~ID EIG~ AtTI~RFA NINETY /
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36,890.00 together H•ith interest as thertin stated. and shall perform~ comply v~ith and abide by eac~ and
~ ~c~r~• thr stipulations, agrcements, conditioru and covmants contained and set forth in this mortgage and in the promissars note
~ xcur~d h~reb~~, th~n this mortgage and the atate hercby created shall cease and be null and void. ~ '
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~ a\ U thc ~iortgagor do~s hcreby covenant and agra :
~ 1_ To perform, comply vcitl~ and abide br eaeh aad ever~ tht stipularions, asreemeon, oondicio~s aod eoaeuDes ao~taised a~ sn
for~h in ssid promi~sory nott and thi~ morlgsge dtcdhis Instrument F~e^~~~ By~ U~~~ ~~et ~~n1'
r-~= J_ BFRfvARD • , -rn=v Q, O~
! 1~~0 3:d Avc~ ,i~, F~~~. 33131
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