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Prepared by Robert E. era~~by, S,~o
MORTGAGE Attorney (or Smolt Qusiital3 ~
(Dit~eet) Administrction.
T'bis mortgage made and entered into this 13th day ~ March
1980 ,by and between Nicholas H Midelis
thereinafter referred to as taortgagor) and the Administrator o[ the Sma118usiness Administration, an agencT of the
Government of the United States of America (hereinafter referred to a. mortgagee), who maintains an oboe and
plaosof btriserat 2222 Ponce DeLeon B1 vd . , Coral Gables, FL 33134
~ ~tTlrissttrH, that for the oonaideratiott hereina[ter stated, receipt of which is hereby aelcnowledged, the
aaortaagor does hereby mortgage, sell, grant, aaaian, and convey unto the mortgagee, his wooeaaors and aasigtas, aU
of the following described prnperq situated and being in the County of $ t . L u C i e
~ State of Florida, To Wit:
• Description of property attached hereto and made a part hereof.
3
i.
Received s ~ In 0+ Ttttnstt
Oue On Class "C" Intangible Perteonatprops~,
~ _ - _ ~ pu~svant To Chapter 71, t34, Actt O?'9~t.
. ~ ~ ROGER POITRAS ~
- - ~~ts+S Cvcuit Court, St. Lucie. +Go.. Fltr.
~ 4 ; ;
It is hereby agreed between the parties hereto 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 mort-
gaged to the mortgagee 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 payab]e and
this mortgage may be foreclosed at once if the debt is not paid
in fall.
Tuselher with and including all building, all fixtures including but nut limited to all plumbing, heating, light-
ing, ventilating, refrigerating, incinerating, air conditioning apparatu,, and elevator. (the mortgagor hereby
declaring tl?at it is intended that the items herein enumerated .hall be deemed to have bten permanently in-
,tallPd a. part of the realty), anal all improvement, now or hereafter e~iain~ thereon; the hereditament, and
apl?urtenancr. and all other ri;:ht. thereunto belonging, or in am-N•ise appertainint, and the rever,ion and re-
.er~ion•, remainder and remainder., all riThb of redemption, and Ure rent., issue., and profit. of the above
dr•crilred property (provided, hoNe.er, that the mortgagor.hall lw entitled to the po~se.,iun of maid property
and to collect and retain the mnt., i,.ue., and profits until default hereunder). To have and to hold the same
unto the morlgagrr and the .ucce~.urs in interea of the mortgagee fore er in fee .imple or such other ehtate,
it an., a~ i, stated herein.
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 hcreinabove recited; and that he htreby binds
himself and his succcasors in interest to warrant and ~{efend the title aforesaid thereto and every part thereof against
the claims of all persons whomsoever.
• guarantee starch 13 1980
This inHtrument is Riven to KrJf~tiE the payment of a promissory note dated , ,
in the principal eum of E 12 3 , 4 00.0 OeiRned by Nicholas ti Midelis , H l i i t o p Noose Inc . '
x xact~xa xec
SBA Firs 92T 1 J-?71 Ir.•bu. Editl.u •r. U?sel....
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