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THI3 MO1tTGAGE, esecuced cd;• ~8t~1 day of Novomber ~ ly 65 si Miami, F'lorida _
by ~E?iAL I~VBLOPMEN'~ CORPORATION, a Dfllawaro carporation authorized to
transact business in th~ State of Florid,a,
of the fint part, 6ereinafter ealled the Mort~aQor, whieh term ai used herein in every inetance ~hall ioclude the Mortas~or'~ beirs, ezecumn,
admin;etrators, succeaor~, le~al reprnenativq and aaigns, iacludin~ ail eubsequent gran:ees, eithcr voluntary by act of tbe partit~ or involun-
tary by operation of law, and ~hall denote the uo~ular and/or plural, and t6e maxuline snd/or feminine, and aatural and/or rrtificis) per-
q0/~ NFftflCYli and wheraver the contezt w requird or admits, to THE FIRST NATIONAL BANK OF MIAMI, a natioaal bsakia~ aswti~-
tion, of the ~econd part, hereinafter ctlied the Mott~agee, which ttrm a~ ueed ba~ein in every instance shell include t6e Mort~aQes'~ ~uccer
wrs, leQal repraentativa rnd a~signa, iacludinr aU eub~equent a~si~nees, eit6er voluatary by act of the partia or involuntary by opetstioe
of law,
WITNESSE'1'H:
TH~T fos diven anod and valuable coneideration~, snd alw to ~ecure the p~yment of t6e ag~reQate sum af money nuaed in the prara-
is~ory note of even datt herewith, hereinafter mentioned, tegether with interest thereon, and all other •ums of money eecured 6ereby as ~ereln-
tfter provided, the Mort~aQor doa grent, bar~ain, eell, alien, rrmi~e, release, cottvey and confirm unto che Mortga~ee, in fee umple, the land
of whic6 the MortQtQor i~ no~v reised aad in actual poass~ion, la the County of St. Lt1Ci~ State of ~-orida
da¢ribsd a~ follons:
Lots 13 and B1cck 25 and Lot ~2, Block 28, RIVER PARTi
ITNIT 3, accordin~ to the Plat theroof as recorded in Plat
Book 10, Paffe 80, o~ ~he Pt~blic Records of St. Lucie Coantv,
Florida.
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~a" 1N 1'AYM;!•T Of TAXE.9 DOCUMENTA~~STAMP ~'q
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~FCE{YE^v S`- ,t .~r r.V ;~.?L4 Fi`~~_ ' :1. ~ 0 NDY19'65 1~.~~~;y~,,t;3-----------__._
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OEPUiY ~LERK
87
Togethtr with all and aingular the tenement~, hereditaments, easunena and appunenanca tbereunto belonAing, or in any wise apper-
tainin~. and tbe rents, is~ues, and profits thereof, and alao the aeate, right, title, interat and all claima and demande whatsoever, ss well
in irw u ln equitq, of ~aid Mon~igor in and to the ~ame, and rrery part and parcel thereof, and also epccifically but not by way of limita-
daa aU Rat and electric fiztures, radiatore, heaterti water pumpa, air conditioniag equipment, machinery, boilen, ranges, etewators and motors,
bath tubs, sinky wster cloats, water basin~ pipes, faucets, an~" other plumbiag ~nd heati~g fiztures, mantei~, refrigeradng plaab aad ice
boza, window cereens, ~creen daors, veaetian bliada, cornices, ~torm ~hutters and awnin~, whic6 ~re now or way hereaftee pertain to or
~e ueed with, in or oa said premiaes, evea though the~ be detachcd or detachablt, are and ahali be deemed to 6e fiztura and acceasoria to
the frtehold and t p:rt of the realty; and al~o ~uch penonal property a~ may be ~pecifically deacribed above or liated 6er~after on attu6ed
eYhibita
TO IiAVE AND TO FIOLD t6e same, together with the tenemente, hveditamenu and mppvrtenanca thereunto belonging, and the
reats, iaun and pmfib therrof, unto tbe oaid Mortgagee.
'I'be taid IHortgagor hereby oovenanty with the said Mortgagee that the said Mortgagor is indefeasfbly ~eized with the absolute and fee
dmple title ta •aid property, sad 6aa full power snd lawful authority m ~cll, convey, tramfer and mortgagc the :ame; that it ~hall be lawful
at any ame hereafter for the Mortgagee to peaceably and quialy eater upon, have, hold and enjoy said property, and every part thtreof; t6at
~aid property is free snd discharged fram all lien~, tncumbranca and claims of any kind, including taxea and aa~esementa, ezcept thwe that
mar be ~et aut above or hereinafter; that t6e Mortgagor wiii mske at Mortgagor'~ ezpenat and at no ezpense to Mortgagee such c+ther and fur-
ther aasuraaca to perfect the fee simple t.itle to uid land, ~ztures and persanal property in the Mortgagee as ma}• hereaftcr be required; tnd
t6~a the MortaaQor 6ereby fully warranq unto the Morcgagee the ride to said property xnd ~vi? defend the eame against the lawful claims and
demand~ of all ptrwn~ w6omweve~.
NOW, THEREFORE, che oondiaon, of chi• moeeQ~ge are ~uc6 that if tbe Mortgagar e6a11 well and truly pay unto t6e Mortgagee t6e
indebtedneas tvidenced bq that eeetain promismory• note of even datt 6eccwith, msde by tbe !~Sortgagos and payable to thc Mortgagee in the
printipal ~um of T~raTY SEVEN '~HOUSAND S~EVEN HUiJDRED DOLI~ARS ?_7~700.00 che final
pa~~mrnt of which ie due on Iiay 18, _1~b6 ~oget6er with aoy note or notes hereafter e:ecuted by the Mortga~or
6erein by and in accordance wich paragrap6 eirtcen of thie mortgage as 6ereinafter ~et forth aod secured by the lien of this mortgage, together
~rith interest aa t6crcin stated, and ahall perform, compiy wit6 and sbidc by tach and every the ~tipulationa, agreemenb, conditiona aad oove-
nanta coatained and eet forth in thie mortgzlLe and in the promissory nots eecured hereby, then thi~ moregage snd the estate htreby created
; ahall eease aad be nult and void.
AND, tbs I~4ort~a~or doa henby covenant and agree:
1. To perform, comply with and abide by each and every the ~dpulatioos, agreemeata, canditions and corenAnts coatained and set fort~
in raid promiaorq aote or aotes, this mort~agt and, if spplicable, the loan agceemcnt betwcen the Mortgagee and Mortga,gor.
2. To pay she iadebtednas secured by t6i• instrument and ucording to t6e true tenar and effect of the promiesory note he~einabove
msnttoned or nf any renevsal thereof, pranptly oa ehe day or day~ tht same severally bt+come due.
3. To pay, before becoming delinquent, all obliQations, encwnbranca, taza, assesunena, paving, sidewalk, tanitary aad othe: assaa-
memb, levia or Geas, now or 6ere:fter levied or imposed upon or a~tia~t t6e mortgaged property, and to ezhibit to the Mortgagee before ~ue6
tazes, wes~menb, liena and encumbranca beoomt delinqutn4 t6e of~icial receipts for p~yax~ent thereof, and if the wne or any part tbereof
be not paid before becom~ing delinqueat the Mortgxga maq st any time pay the eame wit6 tecrued interest and charges, if any, wit6aut aaiv-
ing or affectia~ Mortgsgee'~ oprioa ta foralase this mortgage, or sny right 6ereunder, and erery payment w made ahall bear interat from t6e
date t6ereof at the rate of a~ht per ceat (t96) per annum, snd all ~uch paymente rvitd interat sLall be ~ecured by the lirn 6errof.
4. 1`6at if a wnveqance sbanld be m~de bq the Mortgagor of t6e prcmiecs herein dacribcd Qr any pirt thcrtnf, wit6out the written
conxnt of the Mort~agee and without as~umptioa of the obligation, created 6ereunder, ip reguiar form of law by the grantee of tbe Mortgagor,
then and in that crent and at the optioa of the Mortga¢ce and wit6out noticc to the MortAaRor, all eums of tLOflLy ~ecured Lereby shall im-
mediately and caacurrcntly wit6 suc6 conveyance bename due and papable and in defautt whethcr or not t6t aame are eo due and paqablt
u?d in defanit b~ tbe epeeific terws hertof.
a~oK 1~1 ~~7
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