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This instrument was ;p~~~a~ed by
4(~~4~0 Andres R..Trii~y, Extic~tive Vice President
Manufacturers National Bank. ~
MORTGAGE
t~~•~~
This mortgage made and entered into thin 26th day of October
19 79 , by and between Vince Kovacs and Nancy P. Kovacs, his wife,
(hereinafter referred to as mortgagor) and Manufacturers National Bank,
(hereinafter referred to as
mortgagee), who maintains an oboe and place of business at 1001 East 9th Street, Hialeah, Florida,33011
WITxt3SSt3TA, that for the consideration hereinafter stated, receipt of which is hereby acknowledged, the
mortgagor does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, his successors and aeeigru, all
of the folbwing described property situated and being in the Cottaty of •
State of
Lots 17 and 18, Block 80, lJ1KEW00D PARK,
Unit No. 7, according to the Plat thereof
-filed in Plat Book 11, Page 13, of the
Public Records of St. Lucie County, Florida.
It is hereby agreed between the parties hereto, in consideration of the Mortgagee lending
to the Mortgagor the sum of money mentioned herein, that if the Mortgagor, .subsequent to
the date of this mortgage, conveys, contracts, or attempts to sell the above described
mortgaged property in any manner whatsoever while said property is mortgaged to the
Fortgagee and without the written consent of the Mortgagee then, and in such event, the
whole sum of principal and interest of the debt secured by this mortgage shall, at the
option of the Mortgagee, become immediately due and payable and this mortgage may be
foreclosed at once if said debt is nit paid in full.
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Together with and including all buildings, all [fixtures including but not limited to all plumbing. heating, lighting,
ventilating, refrigerating, incinerating, air conditioning apparatus, and elevators (the mortgagor hereby declaring that
it is intended that the items hreein enumerated shall be deemed to have been permanently installed as part of the realty),
and all improvements now or hereafter existing thereon; the hereditaments and appurtenances and all other rights there-
unto belonging. or in anywise appertaining, and the reversion and reversions, remainder and remainders, all rights of
redemption, and the rents, issues, and profits of the above described property (provided, however, that the mortgagor
shall be entitled to the possession of said property and to collect and retain the rents, issues, and profits until default
hereunder). To have and to hold the same unto the mortgagee and the successors in interest of the mortgagee forever
in fee simple or such other estate, if any, as is stated herein.
The mortgagor covenants that he is lawfully seized and possessed of and has the right to Bell and convey said
r, property; that the same fie free from all encumbrances except as hereinabove recited; and that he hereby binds
Y himself and hie euccessore in interest to warrant and defend the title aforesaid thereto and every part thereof against
the claims of ail persons whomsoever.
This instrument is given to secure the payment of a promissory note datcrl October 26, 19 ,
2 in the principal sum of E 25, 200.00 ,signed by Interstate Plastics Man~~~tiring, ~nC.
;n behalf of Manufacturers National Bank, Hialeah, Florida
a,~~x,,1~ PaGE~~7
SBA FORM 929 12-73) PREVIOUS EDITIONS ARE OBSOLETE