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FEDERA.~ LA;!D TITI_F ('ORP.
2866 E. Oakiand pa+k 61vd.
Ft. Lauderdale. Fla. 33306
This Nortga~e Inda~ture executed this
NICK MF.rlOUNOS
here~nafter cal2ed the Mortgagor, to
ELIZABETH MAE CLIPTON
MORTGAGE DEED
~1~'~16
~'
29th day of December 29 80 by
here~nafter called the Mortgagee, its successors and assigns.
witntsseth• that for good and valuable aons~derat~ons, and also ~n co»s~derat~on of the
aggregate sum named in the Promissory Note of even date herewith, here3nafter described,
the llortgagor hereby grants, bargains, se11s, remises, c~onveys and ~onfirms unto the
Hortgagee a11 the certa~n land oF which the Mortgagor is now setzed and in possession
situate 3n St. Luci~ovnty, Florida, to wit:
Lots 5 through 10, inclusive, Block 12, SAN LUCIE PLAZA, UNIT l, as per Plat
thereof, recorded in Plat Book S at page 57 of the pub lic records of St. Lucie
County, Florida.
/ .
7y - Reterved 8~~~ ~~ _ir Qa~ment Of Texe!
'1~ _ - .. . ' tnta~:-~M~ r-~~~,,..~corap°'hr
+ ~ Oue On Class '"~' 3 . ~ t,
. • • ^ ~ n~rsuant To CheP;er 71. i ~N• ~c~s O~ ~`
= .: ; :',i 'I ~`',...~. - i {. i'. ~~ ~ fiOGER PQiTR~S ~ f
' ` ~ -~•'«;;~ ` St. Luc~e. Co.. Flb.
. . . . w _ ~ _ _ _ _. ~ : IP+4 CIfCUtt COUf[.
TOEether with a11 structures and improvements now and hereafter on said 1and, and the rents,
issues, and profits of the above described property (provided, however, that the Mortgagor
shalI be entitled to collect and retain the said rents, issues, and prof~ts nnt~2 default
hereunder); and a1.Z furniture, furnishings and f~xtures now or hereafter attached to or used
in connection with_the premises herein descr~bed and in addition thereto a11 household
appliances which are, and sha11 be deemed to be, fixtures and a part of the realty, and are
a portio» of the security for the indebtedness herein mentioned.
Th¢ Mo~t~a~or recognizes and acknowledges that this is a FIRST NORTGAGE LIEN
upon the property described herein. The terms "Aortgagor" and "Nortgagee", whenever used in
this instrvment, sha2l include the 1ega1 representatives and successors of the respect~ve
parties hereto and the assigns, if any, of the Plortgagee. Wherever used the singe~lar number
sha11 ~nclude the plural and the plural the singular and the vse of any gender sha11 ~nclude
a1i genders.
And The MortgaEOr covenants with the Nortgagee that the Alortgagor is indefeasibly seized of
said Iand in fee simple; that the Mortgaqor has good right and lawful author~ty to c~onvey
said land as aforesaid; that the Mortgagor wi11 make,such further assurances to perfect the
fee simple tit2e to said land in the Nortgagee as may reasonably be required; that the
Mortgagor hereby fn11y warrants the title to said Iand and will defend the same against the
lawful claims of a1Z persons whomsoever; and that safd land fs free and clear of aII
encumbrances, except;
NONE
~ Nov~ Th¢r¢forer the condit~on of this ~Iortgage is such that if the rlortgagor shall we12 and '
~ truly pay unto the 1~lortgagee the indebtedness evidenced by that certain Promissory Note of
4g even date herewith, made by the Xortgagor and payab2e to the Mortgagee, ~n the pr~ncipal ;
~.~ sum Of SEVEN THQIJSAND FUL1R HLiNi)RRn T.NTY-F Vi? and n., / 7(1~~L~~ ~$ ~= 425 . 00 ) i together `
¢ with fnterest as therein stated, and shall duly perform and comply with and abide by each
and every the stipulat~ons, agreements, conditton and covenants contafned and set forth in
this 1~lortgage and in the Promissory Note secured hereby, then this Nortgage and the estate
hereby created sha11 cease and be nu11 and void; othen+ise remain 3n fu11 effect. The final
~ installment on the Proraissory Note secured hereby becomes due and payable on the 29th
; day of December 1981 , unless sooner paid or accelerated accord~ng to the
~ terms of said Piomissory Note or the terms of thfs Mortgage.
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