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Executed this ~~STday off~_O_ElN6~ 19~, by:
WESTON-FLORIDA DEVELOPMENT CORPORATION,
a Florida corporation
iaa~so
whose rnailing address is 618 U.S. tiighway No. 1, `I'hird Floor,
Narth Palm [3each, Florida, 33408, hereinafter called "Mortgagor",
whiclt term as ~sed herein in every instance shall include
Mort.gagor's successors, legal representatives and permitted
assigns, including all subsequent grantees, either voluntary by
act of the parties or involuntary by operation of law, to:
r~ot~TC~c~:
TI~E TORONTO-DOMINION BANK,
a bank. chartered under the I3ank Act
of Canada having an office in the
City of Toronto, Ontario,
and in the City of Atlanta, Georgia,
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whose mailing address is 1600 Peachtree Center South, 225 Peach=
tree Street N.E., Atlanta, Georgia 30303, hereinafter called
"Nbrtgagee", which term as used herein in every instance shall in-
clude Nlortgagee's successors, legal representatives and assigns,
including all subsequent assignees, either voluntary by act of the
parties or involuntary by operation of law.
VJITNESS ~TH :
Granting Clause
That for divers good and valuable consideration, and to
secure the payment af an indebtedness of FOUR MILLION, TWV HUNDREU
TfiOUSAND DOLLARS (U.S.-$4,200,000.00), lawful money of the United
States of 1linerica, which sum is to be paid with interest thereon,
according to a certain Promissory Note of even date herewith
-executed by the Nlortgagor, to the order of Mortgagee, a copy of
which is attached hereto and made a part hereof a~ Exhibit "h",
and to secure Mortgagor`s obligation for payment of the Participa-
tion as set forth in that certain loan agreement between Nbrtgagor
and hSortgagee, hereafter called "Loan Ayreement", and to secure
any payr~ents made by Nbrtgagee under the Purchase hbney rbrtgage
as hereafter defined, htortgagor does grant, barqain, sell, alien,
remise, release, convey, assign, transfer, mortgage, hypothecate,
~ledge, deliver, set over, warrant and confirm unto Mortgagee, its
successors and assigns, ybrtgagor's fee sir,~ple interest in the
lands and properties in St. Lucie County, Florida particularly
described in Exhibit "B", attached hereto and made a part hereof,
of which -fortgagor is now seized and possessed, together with all
buildings and improvements now or hereafter situate upon said
property and all fixtures, equipment, and other personal property
now or hereafter located in the buildings and improvements on said
property; all of which is hereafter referred to as "the
Premise s".
Together with the following property and rights:
(a) All easements, rights of way, gores of land,
streets, ways, alleys, passages, sewer rights, waters, water
courses, water rights and powers, and all estates, rights, titles,
interests, privileqes, tenements, hereditaments, and appurtenances
whatsoever, in any way belonging, relating or appertainirig to any
of the properties hereinabove described, or which hereafter shall
in any way belong, relate or be appurtenant thereto, whether now
owned or hereafter acquired by Mortgagor, and the reversion and
reversions, remainder and remainders, rents, issues, proceeds and
profits thereof, and all of the estate, right, title, interest,
property, possession, claim and demand whatsoever at law, as well
as in equity, of tlortgagor, of, in and to the same.
This Instrument was
Prepared by:
Richard U. iiolt, I::sq.
G[1~ISTER, YOAICLEY, CRISER &
STEWART, P. A.
First Alational I3ank Building
Palm Beach, Florida 33480
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~~ • _ ,~: ?aY~~'~n~ Of Taxos ,
Recewec% $
Due On Cless "C.. ~nt~~W~b~e Persanal Prope~l-~
Pursuant To ChsD~ ~~~ 1~• ~ a 1971.
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