Loading...
HomeMy WebLinkAbout0025 ? ~ sr • , ~ . i . r~, . 1 . : . ~ . ~ 3 ' ~sx ~ i MORTGAGE ~ ~ ~}lY 1II0l~~O IDi~ a~ QR~l~ ~~O f~l~ 18 ~'1 ai~ O~ ~1'1 19 77 , by and between JOhR H. Ldmplough (heninaftu refere+ed to ~s mortaaaor) and g~ gpNK OF ST. LUCIE COUNTY ~ (hereinaiter referred to a~ ~ ~ morc6a6ee), who mainwns an o16os md pLoe ot bnsinas a~Fort Pierce, Florida ~ ~ { Arrtv6ssass, t6at for the eowideratioa hereindter stated+ reoeipt of which is 6ereby acknowkdaed, the t mostgaaor does hee+ebJr moetaaae. ~ell, 6rant, ani6n, and convey unto the mortaaaee, his wcoeNOrs aad a~si~s, all ~ of the [olbwina daetibed psopee'tr sit~utal aad beiaa ia the Countp of ST . LUCIE . State of~'~RIDA Lot 5, Block 22, Unit No. 2, RIVER PARK as per plat thereof recorded in Plat Book 10, page 72, of~the public records of St. Lucie County, Florida. ~ RECENFD D d IN PAYMENT OF TAXE3 DUE ON CIASS 'C INTANGIBLE PE'SQ"61L P°OPERTY, PURSl1ANT TO CFUIPTER 71-13t. ACTS 19/1. R06ER POITRAS . C1Ei1~ CIACUR OOURT, 3T. WCI 0 ~~j~ . v This mortgage is given as additional collateral to secure Small Business Administration note in amount of 20,000.00 dated April 18,-1977. - - ~ ; _ . ; ~ ! - f ' ~ ~ € ~ Together wit6 and incladiog all baildings, all ~xtarea inclnding bat aot lisited to all plnsbing. heating, lighting. ventilating, retrigerating, incinerating. air coaditionina appanatas, and elevawrs (the mortgagur hereby declaring that it is inteaded that the itees hreein enaserated sball be deerted to have beee penoanently installed as part of t6e realty), aad all i~proveaeuta now or hereafter e~cisting t6ereoa; tbe hereditaaents and appnrtenaaces and all ot6er righta t6ere- unto belon6iag, or in enywise appertaiaiog. aad the reversion and reversions, re~ainder and resainde~s, all rig6ts of redeoption. aad t6e renta, iesaea. and ptofits of t6e abov~e described property ( provided. 6owever, that t6e oortgasor f shall be entitled to the possession of said property aad w collect and retain the reots. iswea, and profita natil defanlt ` ~ hereunder). To 6ave and to hold the sase uaw the .ortgagee end the suecesews ia iaterest of tbe sortgagee forever " ~ ~ in fee simple or snch other estate. if eoy, as is atated herein. ~ a ~ " The mortgaaor oovenaab that he is lar?folly eeiud and poeseesed of and has the tiaht to sell and convey eaid ~ property; that the eame ia free from all encumbrances except aa hereinabove recited; and that he hereby binds : himself and his sncceesors io iatereat to warrant and defend the title atoreaaid thereto and every part thereof agunst d~e claims o( all pereons whomsoever. This inatrument ie given to secure the payment oE a promissory note dated April 18 ~ 1977 , in the principal sum of f 20 , 000 . 00 },y John H. LaI[lplOUgh , ia behalf of TOI ENTERPRISES, INC. • s+~0u P,~cGE _ ~j ~ SBA FORM 928 (2~731 PREVIOUS E~ITIONS ARE OBSOLETE , . _ - r _ . _ . , _ _ - ° ~.,'x. r'_-ihz~`..