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n1~22~9e 13:~s GUNSTER-AOCA ~3
11RTICLE I- DEBCRIPTIQIi Olr p$QP~R~ &UBJSCT TO LIEI~ij
~~L111T ~F y,j$~
Section 1.1 Qesczi~tio~ of Prop@~~y fiuDject tQ~n
The Moctqagor hereby 9r~?nts to the Mortyaqee a first
mortqagc lie~ and r~ecurity intezCSt in the fOllowiD~:
(a) The re~l property ~ituate in St. Luc18 County,
Florida, more particuler2y veacribed in Ezhibit "A" attaChed
hcreto (hereinaf~er aometimes referred t0 as the "Renl
Property");
(b) All buildinqs, etructur~~, Lixtures, mdChinery,
equipmcnt a,Yd vther ~mprc~veroents now or hereefter loCeted Op,
above or betow the surtace of th~ Real Property, or a~ny Dart
and parcel thereof (he~ainafter sometimes xeferred to as the
"Improvements"};
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` (c) All ea~ementa, water, sanitary a~C stOrm sy$tema,
`i pavinq, riparian and littoz~al right8, p18ns, permits, liCen~3eS,
i insurance proceeda, condemnation awards, deposite~, eontraCts
; and other rights ralating to the Re~l PropertY;
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f (d) All other property end rightS of the MortgagOr of
every kind end cha~actet relatir?g to the Real Property,
; Improvement~ ~r other property and all Qroceeds and product~ of
! ar~y of f-he foregoinq; anci
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~ (a) All after-acguired proprrty loCated in or on, or
~ attached to, as used or inten~ed to be ueed in connection with
~ or witih the operation of the Mortyags6 property.
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~ All of tho loregoinq ~ncumqared by this Mortqage beinQ
collectively referred to as the "MortqageA property."
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~ SQCti~n 1.2 ~unt o L~
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~ This Mortqage ie given ~s security for th~ Note end any
renew~ls, modifications or extensions ther~of and any future
advances made pursuant to Section 1.3 hereof and ~lao as
security for any and all other aums, indebt~c~nesa, obligati4na
, and liabilities of any and every kin4 now or hereafter durinq
the term hereof owinq anc~ to become due from the Mortqagor to
the Mortqagee or to the holder of the Note, and all renewal$,
modifications or eztenaions of eny or all of the ~oregoinq. It
is th~e intent hereof to secure payment o~ the Note and
obiigations whether the entire amount shall have been a~ivanced
~ to the Mortqagor at the date hereof, or at a later date, end to
~ secure any other amount or amounts thet roay be aaaed to the
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