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and articles of personal property including, but without
being limited to, all screens, awnings, storm windows and ~
doors, window shades, inlaid floor coverings, shrubbery,
plants, stoves, ranges, refrigerators, boilers, tanks, furnaces,
radiators, and all heating, lighting, cooking, plumbing,
gas, electric, ventilating, refrigerating, irrigating power, j
air-conditioning and incinerating equipment, systems., machines i
and appliances of whatsoever kind and nature, and all bowling
alleys, automated scoring machines, pin-setting machines,
bowling pins, bowling balls, bowling shoes, any and all recrea-
tional equipment such as pinball machines, pool tables and
luncheonette and bar equipment and furnishings, all of which
fixtures and articles of personal property are hereby declared
and shall be deemed to be fixtures and accessory to the freehold
and a part of the realty as between the. parties hereto, their i
successors, legal representatives and assigns, and all persons
claiming by, through or under them and shall be deemed to ~
be a portion of the security for the indebtedness herein
mentioned and to be .subject to the lien of this mortgage,
and TOGETHER WITH all rents, revenues, issues, proceeds and
profits of the above described property, and also all the
estate, right, title, interest, property, possession, claim
and demand whatsoever as well in law as in equity of the
said mortgagor of, in and to the same and every part thereof -
unto the said mortgagee and its successors and assigns forever. }
AND the mortgagor does hereby covenant with the mortgagee
that it is indefeasibly seized of said land in fee simple;
that it has full power and lawful right to convey said land
in fee simple as aforesaid; that it shall be lawful for the
mortgagee at all-times peaceably and quietly to enter upon,'•
hold, occupy and enjoy said land; that said land is free ~
from all encumbrances; that it will make such further assurances
to perfect the fee simple title to said land in the mortgagee
as may reasonably ~e required; and that it does hereby fully
warrant the title to said land and will defend the same against
the lawful claims of all persons whomsoever.
PROVIDED ALWAYS that if the mortgagor shall pay unto
mortgagee the indebtedness evidenced by that certain promissory
''f note of even date herewith, in the sum of Seven Hundred Forty
- Thousand Dolla=s -_($740,-060) --principal, which-together with
interest is payable in consecutive monthly installments beginning
~ October 10, 1980, the last of which becoming due on September 10,
1995, made by mortgagor to mortgagee; and shall perform,
comply with and abide by each and every the stipulations,
agreements, conditions and covenants of the promissory note
and this mortgage, then this mortgage and the estate created
hereby shall cease and~be null and void.
AND the mortgagor does hereby covenant and agree: -
1. To pay all and singular the principal and interest
and other sums of money payable by virtue of said promissory
note and this mortgage, or either, on the days respectively
the same severally become due. .
2. To pay all and singular the taxes,-assessments, .
levies, liabilities, obligations and encumbrances of every
nature on said described property when due and payable according
- to law, before they become delinquent, and if the same shall
not be promptly paid, the mortgagee may at any time either
~ before or after delinquency pay the same without waiving
or affecting the option to foreclose, or any right hereunder, ~
and every payment so made shall bear interest from the date
thereof at the rate of 15 per cent per annum. ~
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FEE. KOBLEGARD & TEEL, P. A. ,
i ATTORNEYS AT LAW
I POST OFFICE BOX 1000 g~~ P~ 153
FORT PIERCB~ FLORIDA 33480
TtlE?MONC: 1306/4810020
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