HomeMy WebLinkAbout0966 4VQ~ ('i / ~ i
`,a~,`~~o.~, See ExhibiC "B" attached hereeo for further exp~anation a~ ~j
~,.~ti~ to allocatio~ of documentary ~tamps and intangible tax paid
~o~~ on thi s Mortgage . 822r~6~
MORTGAGE ?
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TSIS MORTGAGE euecuted this day of April, 1987, by ~
and between ~ONALD L. CARR and SHIRLEY L. CARR, his wif e, ~
whose address is 1226 II. S. Highway 1, Vero Beach, Florida ~ ~
32960, (hereinafter referred to as the '~Mortgagor~~) and
"~u'~ CITICORP INDUSTRIAL CREDIT, INC. a Delaware corporation, with
31^~` ~its principal ofPice at 20 Executive Park, Suite 200, Irvine,
i 7 7 I California 92714, (hereinafter referred to as the
:r~~i~F~~: : "Mortgagee") .
;.d
WITNES S ETH:
~~~t
~ That for good and valuable considerations and to secure
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i m~~~. the payment of an indebtedness in the ~ gregate sum of Two `
' ' Mil.lion Faur Hundred Thousand Dollars (~2,~a00,000.00), or so
1m to be aid in accordance ~
~-~r ~ uch thereof as ~may be advanced, p ;
i,:~~ with various notes to be egecuted from time to time, ~
;(hereinagter referred to ~s the "Notes") together with i
~ ~z~ :
~interest thereon at the rate as stated in the Notes and any :
w and all aums due or which may become due from the Mortgagor ~
. to the Mortgagee <which Notes are also secured by other ;
~ c~, ' ~collateral) and to secure compliance with all the terma o~ ;
~ c~ 'that certain Term Loan Agreement dated July.ll, 1986, between ;
~Mortgagor and D-Carr Investments~ Inc., a Missouri :
corporation, aolely owned by Mortgagor, and Mortgagee, the :
Mortgagoz does grant, bar~ain, se11, alien, remise, release, ~
~ ,t j;`'" convey and confirm unto the Mortgagee, its successors and f
assigns, in fee simple, all of that certain tract of land of ~
j~: which the Mor-tgagor is now seized and possessed and in actual ~
t.,;~E~y~ possession, situate in the County of St. Lucie, State of
: Florida, which is more fully described in Exhibit A attached ~
~
'-~m ~ hereto and made a part hereof, together with the buildings
and improvements thereoa erected or to be erected,
~ ; ~ ; <hereinafter referred to as the "Premises");
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TOGETHER with all leasehold eatate, right, titie and
; ; : ~
Z~ ~interest of Mortgagor in and to all leases or subleases
covering the Premises or any portion thereof now or hereafter
, egisting or entered into, and alI right, title and interest
'.c;, . of Mortgagor thereunder, including, without limitation, all
cash or security deposits, advance rentals, and deposits or
«3 - payments of simi2ar nature;
cs~ '
TOGETHER with all interests, eetate or other claims, both
in law and in equity which Mortgagor now has or may hereafter
acquire in the Premises;
TOGETHER with a11 easements, rights-af-way and rights
used in connection therewith or~as a means of access thereto,
and all tenements, hereditaments and appurtenances thereof
and thereto, and a11 water righta;
TOGETHER with any and all buildings, structures and
improvements now or hereafter erected thereon, inciuding, but
not limited to the fixtures, attacUments appliances,
equipment, machinery and other articles a~tached to said
building, structures and improvements (sometimes hereinafter
~ referred to as the "Improvements"); ~~5-~~~lu~~-
~ ~O In PTymenf Of ?axeS
~ Received S
Prepared by and Return t0' Du^ On ~1=ss ' C~ In':•n~~ble.P~fs~n~~ Property,
~ Pursuan' To C~~~•P'cr 7i, 134, Ads UI 1971.
John D. Humphrevi 11e of ~~~5 C.~ixor:,
Clcrk C+~ant ~our~, SI. Luue, Co., Fla.
Shack2eford, Farrior, Stallings ~
Evans, Professional Association
501 East Kennedy Boulevard, Suite 1400
Post Office Boa 3324
Tampa, Elorida 33601
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