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~~lU All ~11, ~l~ac._..k'ORT PI~R~~ CQNSTRUGTZON GQRP. 32E'j~~~ _
, a Corparation duly or~anizecl arnl c~ist~n~ undcr an~l hy virtuc of thc lua~s af thc State of FlOridl ,
Icxateci at Fort Pierce, Florida ,~\'ixonsin, rarty of ttx first ~~art, in consi~icration
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oi ct,e sum o~.. on.e. ~und~ced .~.h~rty_ Seven Thausand and Fourteen ($137,.014)--- ~,~~a~, ~
~o ;c ~•aid by.. REALTY BQI,DING CORPQRATION, a Wisconsxn corporation.
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! . . . _ , ~art y of thc sccorxl ~art. thc rcceipt ~
~~herrof is hereby acknow•ledgecl, cloes hereb~~ ~;rant, hargain, seli ancl com•ey to the saict part y o[ the second part, ~
itS SuCCESSOY'S ~8S8~d assigns fore~•cr, thc follo~•ing describcci rral cstatc, I~•in~ and bcing in the ~
Florida
C'.cxinty of... St.- -LuCie Statc of ~fi[ocmxoC and knoa~n and describe.~ as follo~vs, to-u•it: -
See Exhibit A attached hereto. - ~
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This mortgage is a substitution mortgage replacing that certain mortgaQe ~
dated March 27, 1974, filed April 4, 1974 in Official Records Book 225
page 2388 of the Public Records of St. Lucie County, Florida on~which '
intangible tax and docunentary stamps was paid. 1o new money is secured
by this mortgage. !
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R~ N ~ ~ ~nrw~rt aF T~s
nuE oN cuet,~ ~qiwe~e~ r~o~ n~oro~n +
PURSlY1MT lr ~71• ~ ~ 3~iL,t,~t 1
CIFRK C1NCt1ff f~WZ UN,`IE lfQ, ~
together vrith the pri~~ileges ancl appurtenances. to the samc t~clon~in~, and all of the rents, issues and profits Nrhich ma~•
arise or co be had cherefrom. suecessors
j To Have And to Hold the same to the said part _.y .__..of the seconc! }~art, i_ts ~!4!~ and assi~ns fore~~er.
i And the said_~'or~ .P.ierce _Construc.tion- Corp.. . - - -
~ _ - - ~ - - - - - - . . . . arty of the firs[ rt,
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~ ior itself, its successors, representatives or assi~ns, herehy co~~enants that it is ~~el1 an~1 trul~• seize.i of a fiood and ~rfect i
~ title to the premises abo~•e con~•e}•ed in the lau•, in fee simplc, and that the title so conve~•e:i is clear, free and unincumhered ~
~ exc.eg_t.._for_..a...firs.t.__and._sec~nd .-mortgage --to First Wisconsin Natior~al Bank o~ ~
' Milwaukee-. ---V~iisconsin.---~----- - - . _ . . - - - - - _ . . _ . _ I
~ and that it w•ill fore~-er u•arrant and defend the same to the ~art .y._.. ..of the secon:f part. _.i~g._... x~j{s anJ assirns, j~
against all claims ~ti~hatsoc~•cr. ~
~ Andthesaid...__~ort Pierce Construction Corp. . _ _ {
_ . Cor ~
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itself, its successors, representati~•es or assigns, co~~enants ancl a~rees ~rith the saiJ party _.of [he second part, its. . ~
representati~-es or assigns, to insure and keep insured the buildin~._ ...thercon afiainst loss or cfama~e h~• fire for thc sumlp~c
..requi~ed__under..the__Eirst__Mortqage . . _ [~#bara, ~
~iX~~}~CiS in insurancc compani~~s . . - _ - - - - - i
to l~c a~pro~~ed b}~ thexadot~l~C- - ~]EX6ax9e4too4~X'~t . _hCi[icRx~3itX~. 1
such insurance to bc pa~-ahle in casc of loss to thc sai~1 ~+art ____of thc sccon~l rart, . hcirs or ~s~:~nns. !
as..,-_--its. mort~a~e interest ma~• aF'Fxa~• ~i~9e~~R~~~xaEi~]E~tx~~t4c~4c~#~c~Gc4r4tX~iskR~[k _
;t ~?K~i~[~~K~can~ to ~a~~, N~hen Juc an~l p~}~able, aU taxcs an~ asscssmcnt~ no~~ on c~n:aftcr :isscssc.l or Ic~~ied a~,ainst ~
~ this m,ort~a~;c or the noce .._sccured thereh~~ and on thc rcal estatc ~1c~ri1~~3 in this mort;a~e, incluc3~n;; e.~cr}~ nx?rt~a~;c ~i
~ interest ~~hich saic! party. o( the second part, .itS _~xl~xassi~;ns ma~~ ha~~e o~ he ~ieemec~ eo ha~~e
;n such real escate b~• reason of this mort;a„e, ancl tu cleli~-er to the said part y.. of the seconJ ~~~rt, or its
representati~~es-annuall~~.~Dl~~~oxkoc~OCC~f~', receiE~ts sho~~in~ clue pa~ments therec~f; here~~~ ~~-ai~~~~:, an~l
rclcasin~ all n~hts of offsets or decluctions afiainst the indchteciness sccurc.l l~~• this mort{;a~e, hcxau~c <~f thc ~~a}~ment of `
an~- such taxes or assessmcnts; that the intcrest of the mort~a~or an.1 also of thc morc~a~cc ~n such real cstatc shall I
l~e assessecl for taxatien and taxed tofiether, ~•ithcxat separate ~-aluatiun, to the n~rt~;a~or, its successe>rs, re~resentat~~~es ~
an~l assi~;ns; and in case of an}• failure ~o keep or continue such insurance and to Jcli~•cr the same as ~ho~~e ~ro~ i.leJ. or ~
in c:sse an~~ such taxes or assessments remain unpaici after the expiration ot the time in ~~hich the~~ are ~fue an~f p~i~ahlc,
the saiJ ~art ..._y..._..of the seconJ part,lts... X~LI~r assi;;ns ma~~ cff~x;[ un insurarx:c uron saiJ IwilJin~ ar huilJin~s ~
to the amount abo~•e namecf and may p~~' such taxes arxl assessments ~~~ith ac~ruc~l intere~t, oflkers~ fces ari.l ey~enses
chereon and the amount or sums so ~iJ shall L~e immctifiatel~~ ~ai~ to the saiJ ~art y of tl~e secon~i part._ ..itS ~
Sf-~~~ifr assi<<;ns, and shall, unless so paiJ, L~e a:l~icil to and be dcemed }~art arz~ ~rcel of the mone}- sccure~ hereb~~, ~
to~ether w~ith interest thereon a[ the rate of~~cr cent. per annum, and form a licn u~n thc ~remiscs sc~ desc;rihcJ. ~
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