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~ortgage F . ~ .
THIS MOR'1'GAG$ esxuted tbis l5t dsy of J~.e 19~ ac 1~t~ ~mi ~~jnr; a
br _ General Developmant .Orn~Ta,~i Ori~.,,y~, Tk~l warA _c~r.~~r.at.l..~]Yl-~~~lt_h~Y'1.ZE31~---_-_~
t~ transact business in th St~te of orida~
of the fint part, hereinafter c~lled the Mo~aQor, which term as ustd he~eio in every iastance ~hall inciude tht Mortga~ors beirs, ezecuton,
~dministraton, ~ucceseor~, le~al reprnentacivea and a~iges, includin~ all subsequen~ ~rantees, eithrr voluntary by act of the putia or inrrolun-
tary br operation of law, and i6a11 denote the tin~ular aad/or plurtl, and the mraculiae and/or feminiqe, aod natural tnd/or artificitl per
ww, w6sneve~ ~nd whecever the contezt ~e? requires o~ admits, to THE t IRST NATIONAY'. H1~NK OF MYAMl, a aation~l ban~ir~ aswcia-
aoa, of t6e seoon~ part, bereinafter called t6e Mort~agee, which tersn ae used herein in every iascsnce shall iaclude tbe Mort~aQee'~ auccer
wn, legal represeatative~ aad aaiens, iocluding ali subacqetnt a~si~aees, eithsr voluutary by act of the partia or involuatary by operation
of law,
WITNESSETH:
THAT for diven good and valuable canaidcrationt, :nd aiso to ucure the payment of the ag~regate ~um nf maney ntmcd in t6e prom-
iawry note of even date 6erewit6, hertinafter mentioned, to~tt6er with iotereat tl~ereon, snd stl other ~ume of money secured hereby a~ herdu-
after pmvided, t6e Mort~agor doa grant, baeeain, sell, alien, remi~G retease, convey and tonficm unta thr Morrgager, in fte simpit, the Ixnd
af which tLe Morc~a~or is no~v seised aod in aaual poaes~ion, in t6e Couaty of ~t• .~uCl@ State of ~'1 ori ~3a
daceibed as folb.n:
QX IIIIIIItF?;'~~1
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1~~ 0` Lo~ 3, Rlock 68, RIVER PARK UNi.T 7, accoz~ding t~ tho
I N,• Plat thereof as recorded in F'lat Book 12, PagES ~1
thsu ~lA, of ,the Puplic Records of S~. Lucie County,
J~%~.~; `~i r'lorida.
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~,(,Z~~'~,~,n~'~ n4c~:vF~ 4 iN ~pYME14T01'7AXE3
~L' `o u b _ n~: r • . , !'~:^."7~_C. PER~:OVAL PROPERTY~
a? N c ~ ' . - T ::'r: ...-.c r7F 1941,
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31~i11 '1S n~utY u~.a~,
~ Together with np and eingular the tenementa, hereditamenta, easements uad appurteaances thereunta bstonging, or in any wiee apper•
tainia~, and the renq, iseuea, and profits thtreof, and also atl tbe esiatq reght, titlq interest and ali claims and demands whatso~ver, aa wtU
' in lavr st in equity, of said Moscqagar in aud to the same, and every pan aad parcrl thereof, and slso •pecificaily but not by way of limita-
; tion tll gas aad eitctric fiatures, radiator~, heaters, watcr puenps, air coaditioning equipmtnt, machinery, boilen, raaga, e)evator~ and mators,
Osth cuM, uaks, water closets, ~v:ter basins, pip~, feucets, and other yiumbing snd hesting fizture~, mantel~, refrigerating plants and ice
! boza, wiadow ureena, screen doore, ~renetiaa blinds, cornices, storm shuYtera and awpin~, whieh sre now or may 6rreafter pertaia to or
b~e ueed with, in or on eaid praruaa, even thou~h tht~ be detached or detachablq are and shall be deeroed ro be f9ztures and access~ria to
tbe free~ald aad s part of tbe reaity; and alao ~uch ptnonal property xs may be opecifically dticribed above or li~ttd hereafter on atte~ched
exhibits.
TO HAVE AND TO HOLD the aame, mgether with tLe tenemente, hereditamenb and appurtcaances t6ereun:a belonging, anc! tht
reats, iraua aad profia thertof, unto the isid Mortgsget,
'I3ie said hiort~ag~or 6ereby wvenant~ with the said Mortgagee that the said Mongagor is indefeasibly seized ~vith the absolute and fee
eimple litle to said property, and ha~ full power and lawful aut6ority m aeli, wnvey, tranafer and roortgage t~e ~ame; that it xhali be lawfui
at any titne berc~ftu far the Mortgagee to peaceabJy and quietly entet upon, have, hold ax~d enjoy said property, and evecy part thereof; that
eaid praperry is fra ansl diu6arged from ¦il liens, encumbrances and cla;cn~ of anp kind, includiag ta:es and assasments, euept thase chu
msy be ~et out above or hereina$ec; that the Mortgagor wilt make at Martgagor's ezptnsa and at no espeaac to Ivlortgagee euch othu and fur-
ther usuraaca ro perfect the fee ~imple title ta said land, fixtures and personal property in the Mortgagce aa may- 6ereafte~ be rtquired; and
that tLe Mortg=gor hereby fully v?arranm unto the Mortgagee the tStle to said property aad will defend the sune against the tawful claims and
demtade of all per~oas w6omsoever.
Nt)W, THEREFpRE, the eonditiona a£ t6is mortQagt are such that if the Mortgagvr ehall well a~ad truly pay unto t6e Mortgsgee the
iadebtednad evidsnced bp thst ceRain promi~ory• nate of even clate 6erewith, made by tbe Mortgagor and payable to t6e 11ROrtgagee ia tLe
princigal ~am of ~.rTr~ - dTiSAN~ 1XlT.T.qR'~ ~ 8. a00.O1~ the finsl
p~y-ment of which is due on Deeamber 1965 ______y together with any note or oota hereafter e:ecuted bp the Mortgagor
bercin by and in accordance with paragraph lizttsn of thie mcrt~age a~ hcsoinafter aet forth and ar'urcd by the lien of thi~ rnorcgage, tagethrr
with intcrest sa tharein statrd, and shall perform, comp,y rrith and abide by each nnd cvary the etipulations, agreetx?ente, eonditicns and cove-
nann cantained and set fonh in chis mortg3~e and in the proroissory DOit secured bereby, thrn this mortgage and the eatate hereby crtated
ehall cease and be null and roid.
AND, she Mortg~~or dces 6rreby covenant and sgra:
1. To perform, comply vsith and sbide by esch snd every t6e stipulauon~, agrctmena, conditions aud covenants contained and aet fortD
in eaid promiaory oote or o~ea, t6is mort~age and, if appL_±bl~, the loan agreement betwem the Mnngagee and Mortgagor.
2. To paq t5e in~ebtednese fetured by t~i• inuturntat and according M t6e true tecor and effec: af thc pratnis~arq aote hertinabo~e
mes~tioned or of say renswal thereof, pranptly oa the day or days the fune se~eraliq become due.
3. To pay, befare bicorning delinqutnt, a11 a~iiget'soas, encumbrance~„ ta=a, aaaaamcnta, paving, sidrwalk, ~aaitary aad othce ~weae-
rnmte, levi~er~ or lirm, no~+ or 6ereafter levied or impwed u~n or a(~ainat the mort~xged property, aad to ezhibit ro the Mon~agee beforc euc6
tazes, aese:smenta, lieni :nd encumbranca becoroe delinqu«nt tbe of~iciat raceipa for paymcnt thereof, and if tLo eame oe anq patt tbereof
be not gtid befote bet~oming delinquent tbe Mortgagee msy st any ti1aE pay the same aitb accrued intcrest and charga, if any, without wa;r-
ing or affating Mortg~?~te's option to forectose ths~ nsortga~ or anr right bertunder, aad evtry psqment w made ahall bear interat fmm tbe
date thereof rt tbe rate af ag6t pes cent (3'9~0) per aaneim, wd aU tnch parments with interat shall be secvred by the lien bereof.
4. That if a conveqance sbouid be made by thc Mortgagor of tLe premi~ee haein described or ~np part therenf, without tbe written
conarnt of the MortQagee and without ~utumptiou of t6e obiigatioa, cnated hertuader, in rcgufar form of larr bq t~e grantee of tbe Mortgagor~
ttiea ~nd ia ~~at e?ent uid tt t~e optiao of the Mortgagee and wit6out aotice to t6e Morty~.gor, all sums of moAey ~rcvred herebq ~hall im-
mediateiy and ooacurrently wit6 •uch raarrya~ce bercxtte due m~d payable and in defauit rvhe+6er ar not t6s a~ume ire w due and p:yable
aad in defsuic br t6e speti~ic term~ hercof. -
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