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~riD1U ,i111 ~~Il~ 'l~hat..._. FT.. PIERCE CONSTRUCTION CORP. ~
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u(;orporation cluly or~;anize~l anJ cxist~n~; un.lcr an~i hy ~~irtuc pf tlu I.i~~s of tlx; ~tatc of FlOrldd i~ ;
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lcxatc~i at Fort Pierce, Florida , y~}~~~, ~,art~• of tl~c first Eu?rt, in consiacration `k ~
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TWO HUNDRED TWENTY-SIX THOUSAI~IS' ($226, 000) ---------------(~~~a,s, ~
uf thc sum of . T
REALTY HOLDING CORP., a Wisconsin corporation, . !i
to it }~aiii b~~. .
, Ewrt y. of the scxon~l ~~rt, thc rc~:cipt ;
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~~hcr~nf is hcrcb~• acknoW~lccigccl, c1or~ hcrch~• Rraru, ~~ar~;ain, sell and com~c~' to thc sai~t ~art Y of thc sccon~l part. ~
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its SueCessorS XD~tXand assigns forecer, the follow~ino descrihecl rral estate, lyinti anJ lrin~; in the '
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Florida ~j
C:uunt~' of _ Statc of J~~c}t~G}i, anc! kno~~~n ancl clescrihe~f as follo~~~s. to-~~•it : ~
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See Exhibit A attached hereto. ~
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~ ~5~~ ~Ne~~~an. fi~
p~t~ry~ ~ ~N~~~W~ ~~S ~yii~r ~i
p~ ON ~ ~~ER 7 ~~~M~ FU~ ;i
CIRCf1~~~R
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to~ether w~ith the pri~•ilcges ancl appurtenances to the samc Fxlon~;in~;, anJ all of the rcnts, issues an~l profits whicl~ ma~-
arise or to be had therefrom.
To Ha~e and to Hold the same to the said~~?a rt Y.._ of the socond ~art. its X~~n:i assi~;ns fore.-er. I~
i :~nd the said.___.. FT. PIERCE CONSTRUCTION CORP.
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! _ _ _ . . _ - - ~arty of thc first ~art
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i ior itself, its s:~ccessors, representatives or assi~ns, hereh~• co~-enants that it is ~•ell an~1 trul~- seize~l ol a~;ocx! and ~x:rfr~t ~i ~
~ citle to the premises abo~•e com•e~•ed in the la~r, in fee simple, and that the title so com•ey-e.l is clear, free and unirxunt~~cre~i
except___for__a_certain_.first mortgage to First Wisconsin National Bank of i;
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Milwaukee_,_ Wi_..,__ _(hereinafter___called the_ First Mortgage) _ _
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anJ that it ~~ill fore~~er w~arrant and de(end the same to ttie part y..._.. of the secon.l parc, .?-ts_ _ ~i[~ltassi~~ns. !i
aaainst all claims ~~hatsoe~-cr. '
And the said.... - FT . PIERCE CONSTRUCTION CORP .
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itself, its succes~sors, representati~~es or assigns, co~-enants and a~rees ~rith the said ~art .Y .of the saonJ part, its ; ~
rcpresentativcs or assigns, to insu:e and kcep insurcci the huilciin~;__ ...thercon a~ainst loss or dama~e h~• fire for thc sum
. reguired_ under___the_ First_._Mortgage_._ ~X+}sX .
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~c~xac, in insurance compani~s . . _ . _---hQ1deY'~_.of the First_ Mor~.g.age
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-to L~e a~~pro~~ed bt thc/4tsi~c~ex _ . ~6cot~tsxoc~tlt~~to~ _ ~+~xcx}47~~..A~4~G ~
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~uch insurance to bc pa)'ahie in case of loss to the sai:i ~art .Y ___.o( the secorni part. . itS ~~pt;~s~i *n~, if `
as its mort~a~c intcrest ma~• a~pcar. lQX4~cac#~OdOqc~~]~X~oxQb7tXOCkr]c~it~cQNCOt~KX2Wt~4-X ii
~~41cXOt~tD~x~]Q~cand to ~a}-. ~~hcn ~luc an~l pa~ahlc. ail taxc~s an~l assessmcnts nc~~r on c~reaftcr asscssc.l or tc~~~c.l a;ainst i;
~a (r (r. ~t tt ~r.
tµ~ this mort~,a~e er the note _ secure~! thereh~~ an~l cm the real c,~state elcxril~e.i m this nx~rt~,a,.,c,. inclu~ls:,n e~~er. tlk~f[..~anc. „
~ntcrest ~~hich saiJ part. Y_. of the secon.l ~~art, its ~g~~ assi~ns n:a~~ ha~~c vr I~c .Irc:~:cJ to i:~i~c I~
~ in such real estatc b}~ rcason of this mort ;a;c, an~! to clcli~-cr to thc sai~i E~art Y o( the sc~:o~.l ~art, or . itS
~ rc~~reseniati~~cs annuall~-.3p74~nx00~4dtf[~ac~xc~]Nt:~g~ rcccii~ts stw~~in~ ~luc ~~a~~mcrits thcrcY,l: Lcrc+~~~ ~.~ii~~t:, aiia
rclcasing all ri~;hts of offscts or dcductions aga~ns[ thc in~lchteclncss scxurcJ l~~- th~s mort~a~c. ~~.~:?usc thc {~a~ ~ncn[ oi ji ;
am~ suci~ ta~cs or asscssmcn[s; that thc intcn;st of thc mort~a~;or an~l alu~ of thc nx~rt~;a~~ec in su~h rc:ij CSL:lIC ~nall ~j
i,e assecse~l for taxation and taxed to~;ether, ~ithout separate ~-aluation, to the mort;~a~or, ~ts succrssc,rs, rc~~resrntati~~~s
. and assi~;ns; and in casc of an~ failurc to kccr or continuc such insura?xc anJ to Jcli~-cr thc samc ~i~ ai~c~~c ~ro~ i~tr~l. or
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~ in casc an~~ such taxcs or asscssmcnts rcmain unpaid aftcr the cxriration of thc timc in ~~hich thc}~ arc Juc an~l n<<~-ahlc.
~ the ~~iJ part .y.___....of the seconcl rart,- 7..~5 DtaaX or assi~ns ma~• e(fec[ an insurance uE~c>n sai.l I~uil~lir~n or huil.im~s i!
- to thc anzount ak~o~~c namc~l and ma}• such taxcs anJ asscss~ncnts ~rith accrucJ intcrc~t, <~t(iccrs fccs an~1 c~~~cnx:s ~i
- thcreon ancl thc arr~ount or sums so ~ai~t shall he ~n,mcdiaceh- pa~.l co chc s~,~~i part y_ c>i thc secon~l E~art. itS ~j
_ ~fa~dS7ox :issinns, and shall, unlcss so FaiJ. t~c aSJc.1 to ana hc Jremc.i E~:~rt ~n.t ~ar.;cl of thc tnonc}' sccurrJ hcrch~~.
*o~cthcr ~~ith "snterest thereon at the rate o(]~m~5cent. ~cr annum, an~l form a iicn u~n thc ~rcmiscs ~:lc~cri:~~i.
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