HomeMy WebLinkAbout1434 MORTGAGE .
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Zbis mortgage made and extend into this 7th day of Notes
19 79 , by and between George L. Frenz and Donna M. Frenz, his wife
(hereinafter referred to as mortgagor) and Stm Bank of St. Lucie Oautty
(hereinafter referred to as
mortgagee), who maiataiw as nine and plane of bttsiaess at 111 Orange Awe. , Fort Pieroe, FL 33450
~t1'NtsssslH, that for the eoarideration hereinafter stated, e+eoeipt of which i• hereby acknowledged, the
mortgagor don hereby mortgage, sell, grant, assign, and convey onto the mortgagee, his successors and assigns, all
of the following described properq sittuted gad being in the Counq of St. Lucie
State of Florida
Lot 15, Block 16, Ialacwood Park, Unit 2 aoeordirtq to the plat thereof recorded
in Plat Book 10, pages 56 and 56 A of the public records of St.
Lucie County, Florida.
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Together with and including all baildiags, all fixtores including but not li®ited to all plumbing, beating, lighting,
ventilating, refrigerating, ineineratiag. air conditioning apparatus, and elevators (the mortgagor hereby declaring that
it is intended that the iteos 6reeia enulaereted shall be deemed to have been permanently installed as part of the realty),
and all impmve~enta now or hereafter existing thereon; the hereditaarenta end appurtenances and all other rights there-
unto belonging, or in aeywise appertaining, and the reversion and reversions, reo,ainder and re®aiadera, all rights of
redesption, 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 gad retain the yenta, issues, and profits until default
hereunder). To have aad to hold the same neto the wortgagee and the seccesaora is tuterest of the sortgagee forever
is fee simple or each other eatatt, if esy, as is stated herein.
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~ The mortgagor covenants that he is lawfully seised and possessed of and has the right to sell and convey said '
property; that the same is free from all encumbrances except as hereinabove recited; and that he hereby binds
himself and his ancceasors in interest to warrant and defend the title aforesaid thereto and every part thereof against
the claims of all persons whomsoever.
This instrument is given to secure the payment o[ a promissory note dated ,
- rn the prtnctpal sum off 500,000.00 ,signed by George L. Fren2 & Donna M.Frenz ,
in behalf of Sam i
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SBA FORM 929 (2.731 PREVIOUS EDITIONS ARE OBSOLETE