HomeMy WebLinkAbout0939 . . L'f1~bV I
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Mai1 atte~ ReCading to: his i~strumeM was prepar ~
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Beardall and 8lankner, P.A. William H. Beardall, Attorney at Law s
Post Office Box 3431 Post Office 8ox 3431 ~
Orlando~ Florida 32802 Orlando, Florida 32802 ;
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Bi~der ot olicy Number pany
Title lnsuranCe issued in cOnnection herewith~ - C
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MORTGAGE `
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This Mortgage is made this ._..~..Z~l day ot A,~r i 1 1 g$Z_ by and beiween:
"8orrrower [Enter name, address and cha?actor oi entiryj "lertde~'
LAUREL BUILDERS , INC FLEET REAL ESTATE FUNDING CORP.
~ FLorida corporation
Pos t Of f ice Box 789 ~~~th G~rolina Corporation
Fern Park, Florida 32730 P.O. gox ttsse
Columbia, South Carolina 29211
Borrower in consideration oi the endebtedness herein ~ecited, irrevocably grants and conveys to Lender and Lender's sucCeasors and asaigns,all of Ihe foNowing
described lend, buildings, improvemanls and fucture (all hereafter relerred to cotlectively as the 'PropeR~'): -
(a) Alt that t~act or parcel ot land more particula?!y described as tolbws:
~ Lot 505, HOLIDAY PINES, PNASE III, according
to plat thereof recorded in Plat Book 20
~ Q pages 19 and 19A through 19G, Public Records
m y ~ of St. Lucie County, Florida.
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Due On Class '~C" Intang~ble Personal Properq?.
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~ Pursuant To Chapfe~ 71, 134, Acts OF 1971
~ ~ _ DOU ;tAS DlXON, ~
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~ z Clerk Circui~ Cau~~, St. Lucie, Co., fia~/1
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(b) All buildinga end imprOVements oi every kind end desctiption now or heteeRer erect8d ot plaCed on the eforesaid land and ad rt?aterials i~terxfed for
construction, reconstruction, afteretion and repeir of such ~mproven?ents ea of whlch meteriafa shaN be deemed to be hicluded within the premises hereby
conveyed immedietely upon the delivery thereof to the eforesa~d tand. ana anr~xru~es nowornereanerowned ny eorrower end anacned toorc~n~e~~ed+n a~d
used in connection vv~tn tne araesad land ena kriprovemeMS.
~ to have and hold the same torever, topether witfi ell ptivileges. hereaditamenls and appuRenences theteunto bebnping. unto Lender and Lender's successors and
assigns:
~r And as additional security tor aaid i~debledness Borrower hereby assipns b Lende? Sh the ?eMS, issues, protits and revenues of the Propetty trom time to time
~ accruing, reserving ony the ngh! l0 8orrower to cdlect the same as lo~p as Borrower is not in deteuN hereunder: and
~ Borrower also asspns 1o Lender any oceeds or awards which may become due by reason ol any condemnetion or o?her taking for blic use ot Ihe whole or any
~eot~t ~p~operryna e~y~ h~t empp~ur~~
~nf~ eunto, arxf ~ender may, at its apt~on, eithe~ apply !he same to the Loan a release I~e same to eorrmrrer r+rithait
~ The terms o1 this Morlgage are as foHows'
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Ref: FI. Morlgage - Construction FF 143 P(3 1 ~ k S3 9..~ 9~ ~
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