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THIS rZORTGAGE INDENTURE, executed this 3rd day of December ~ A. D., 19 73 ~ by
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PRECISION NATIOIZAI. HOI~S, INC. , ~
a Corporation duly organized and cxisting under the la~~~s of the 5tatc of Florida, hereinafter called the ~Iortgagor, which ;
term as used in every instance shall include the :1lortgagor's heirs, exccutors, administrators, successon, tegal repraenta- ~
tivex a~d assigos, either voluntary by act of the partics or involuntan• by operatian of laa• and ~hall dtnote the sirtgular and/or ;
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plural, and the masculine and/or feminine and natural and/or artificial persons, ~~•hene~•er and ~shcr~r•er the context so rt- s
quires or admits, parties of the first part, and PAN AI~RICAN BANR O~F MIAMI, a corporation under the
banking laws of the State of Florida,
hereinafter called the ~Iortga~ee, parri• of the second part. ' ~
WITNESSETH,~'That for divers good and valuable eonsiderations; and to secure the payment of the aggregate sum of =
monep named in the promissory note of tven date hereSrith, hereinafter m~ntioned, together with interest thereon and all other
suna of money secured hereby ~s hereinafter provided, the Mortgagor does grant, bargain, scll, alien, remise, relrase, rnnvey
and rnnfirm unto the ~fortgagee, in fee simple, the foliowing described rea! estate, of which the '.1lortgagor is now seiud and
possessed~ and in actu~l possession, situate in the County of.__.._~tA._~~~.~......__., State of Florida, legally described u follows:
Lot 1, Block 136, PORT ST. LUCIS SECTION 27, s
according to the Plat thereof, as recorded '
in Plat Book 14, Page 5, of the Public Records ;
of St. I~ucie County, Florida. • .
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PiORTGAGE BEING RE-RF~CORDED TO CORRECT ACIQdOWLEDGMENT****
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~ryEp IN PAYMEM OF TAXES
pUE pN ClASS 'C INTIWGIBLE PERSONAL PR~PER`TY,
pURSUANT TO GIAPTER 71-134, ACTS Of 19)1. ~j~
ii06ER POITRIIS
CLEItl( CIRqlR CUIiRT. ST. UCIE 00, FIA
TOGETHER with all furniture, furnishin¢s and fixtures and any nplacemnits thereof which are now or may hrreafter
be located and situate on the above described property, and ail structures and improvements now and hereafter on said land and
the fixcures attach~d thereto~ also together with all and singuiu the tentments, he~editaments, easements and appartenances
thereunto belonging, or in any wise appertaining, and the nnts~ issues, and pro~its thereof, and atso all the estate. right, title,
interest and all clai~ and demands whatsoever, u well in Iaw zs in equity, of said 1Tortgagor in and to the same, and every
part and parcel thereof, and also all gas and electric fixtures~ radiaton, heaters, air conditioning equipment, machinery, boilers,
ranjes, elevators and motors, bath tubs, sinks, water dosets, water basi~u, pipes, faucets, and other plumbing and heating fix-
tures~ mantcls, tefrigerating plants and ice boxes, window screens, screen doors, venctian blinds, storm shutters and awnings,
which are now or may hereafter pertain to or be used with, in or on said premises, evrn though the~r be detached or detachable,
art and shall be deemed to be fixtures and ucaaiocts to the fralwld and a part of the realty. i
TO HAVE A:~JD TO HOLD the above described ro i
p petty unto the Mortgagee, its successors and assigns forever.
The :1lortgagor hereby covenants with the :Vlortgagee that the Mortgagor is indefeuibly seized with the absolute and fee
~simple title to said property, and has full power and lawful authority to aell, oonvey~ transfer and mortgage the same; that it
shall be lauful at any time here:~fter for the 14lortgagce to peueably and quietly ~nter upon, have, hold, and cnjoy uid prop-
'erty, and every part thercof; that said property is free and disc}?arged from ~Il liens, encumbrances, and claims of any kind,
including taxcs and assessrmnts; and that the 11~1ortgag~or hereby fully warrants unto the Mortgagee the title to said property
and w•ill defend the same against the lawful dait~ and demands of all persons whomsoever.
\O~'V, THEREFORE, the condition of this morteage is such that if the Mortgagor shail well and truly pay unto the
hlortgagee, the indcbtedn~ss evidenced by that artain promis~ory note, of even date herewith, made by the ~ort~~y0~d
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pacablc to tht ~Iortgagee, in the principal sum of TIiIRTY-TI~iEE THOUSAPID THREE RUI~REll TFIENTXfdpLLARS
(3 33,320.00 togecher ~ith interes~ u therein stated, and shali perform, comply with and abide by each and
e.•cr~• thr stipulations, agreements, conditions and covenants rnntained ~nd set forth in this mortgage and in the promissory note
.ecured her~b~-, thcn thi. mortgage and the atate hereby created shall cease and be null and void.
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A\ U th~ !?iortKagor docs hcrcby covenani and agree: ~ h
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t. To per(orm, comply ~cith and abide br each aad eva~r,,~hq,~t~ul~tiop~,,,tgreaqe~t~, totl~itions and eoeenaet~ contaioed aod ut
for~h in said promissory note and this mortgsge deed. gEk':%•. <U •1f! -•mey , ~
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