HomeMy WebLinkAbout2086 rrs. ~s ~
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~ortgage
THt3 MORTGAG~ eucuced c6i: ~lst da~ of March ~y Miami. Florida
br C~E~tERAL I~LOPT+~NT CORPORATION, a Delaware corporation authorized to
ransac usiness in the State of Florida,
of the first par~. hereioafte~ called the Moctgagor. w6ic6 ter~ a wed hereia ia every iauu?ce ~hall include t6e Mortgsgor'a Lcin, e:auton.'
administraton. eucccswn. legal «praentativa aod assiga~ inctudia; alt subaequent grwtees~ eit6e~ voluntary by act of the partiea or involun-
tary er operation of law, and ~hall dcnote the uaQulu aad/or plural, and t6e maxuline and/or feminiae, and patura) aad/or artificial per-
was~ wheaevec aad wherever the coatezt w rcquirq or admip, to THfi F1RS1' NATIONAL BANti OF M[AMI~ a national bantciag asaocis-
tioa, of t6e seooac~. part, berein~fter e:lled t6e Mort~ageq nLie6 terra aa w_d Ler~in ~p e~eq inuuxe s6a11 include cAe Mortg~Qee'~ ~ucce~-
wrs, legal reprpentafiva and assigo~ including all sub~eqnent aaignea~ eit6er vaiuotar~ hy act of t6e parda or involuntuy b~ operatiou
of law, .
WITNESSETH:
THAT for di~ers good and ~aluable oomideratiow„ and also to xcure t6e paymrnt of t6c ag~egatc ium cf money named ia the prom-
iswry note of even date berewitb~ 6ereioafte~ wentioned~ together with interat thereon, and all ot6er ~ums of moaey sec~red 6ercby as hereta-
ahe~ pmvided, the Mortgago~ doa grany bargaiq atl~ aGeo~ remise, releuc. convey aad rnnfirm unm t6e Mortgagce. in fce simple, the land
of w6ic6 the Moct~ago~ is oow ~eizcd and io ucual pos.asion, in che Councr of - St. I,lIG? A State of Ori da
described u fofbwa:
Lot 22, Block 71, RIVEB PARK iTIVIT 7, according to the Plat
thereof as recorded in Plat Book 12, Pages I~.Z and l~lA, of the Public
Records of St. Lucie County, Florida.
INliCE1VE0 i~=--~--IN ~AYMEIITO'TAxY
dUEON Cl~3c'C' tNTANGIS~E rERSpNAI MOr[RTY~
J ~ F~ ( C~~ I` L U~~ U~ '~~?;=~ANT TO CMAPiER 2Q721, ACT! pF 1 p1.
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To~ether with all wd ~ic~lu the teacmwn~ hendicaments, euemean aad sppurtenanea thercuaw be~~~ or ia any wi~e aPper.
t~inia~ sad tbs sentti iisua4 acd proftb thsreof~ and abo all tbe aatq ri~Lt~ titl~, faterat acd all claimr ~nd daatnd~ whaaoe~er, ai well
in I~w ~ In cqniq~ o~ Wd Mortsa~e tn and to tLe same~ wd s~ery put snd pual thueof~ aad ala ~pec~Scally but soc by way of lunia-
dao sll p~ and electric f~tura, radlaton. heaur~ watu pump~ dr aondidoatn~~quipm~t~ ma~ins~~ boilcct~ ran~, elevawn and maon,
batL tnb~ iiab~ water eloutrr waer baim. pipp, tancets„ and ot6sr plumbta~ aad heatin~ fistura, maatel~ refd~er~tiag plana and ia
bosa~ window ~crest», ~cran doon, ~eneti~n blindy cornice~ uorm ~hutten and awnin~ w6ich iue now or m~r hereaher penain to or
b~ wed witL. i4 or oa uid pcemt~a, e~an t1wu~ the~ be detached or daaeh~ble~ are snd dull be dee~ned to be fiuure~ and aae~oria ~o
~f~reciald ~ad a part of tbe realry; and alw ~oeA penoaal properqr u may be ~peeifkally daeribed abo~e or listed bereafter on ataeh~d
1~0 HAVS AND TO HOLD i1u umg ~~oQether wft6 t6e tenmunts, 6erediamcnb aad appurtenanca tbereunto bebn~ia& and tbe
rena. is~na and profits tLcreof. nntn cbe ~aid Mort;aiee.
Tbe ~aid Mort~a~r bereb~ oo~mauts wit6 ths sajd Mortgatte tLat tLe ~aid Mortgagor is indefeasibly seised with the absolute and fee
rimple dtle to said propeitp~ and 6u full power and lawful autLority b sell, oon~ey~ tramfer and mortgage tbe ~ame; t6~t it shall be tawful
u aay time 6ereafttr for tbc Mortgagee to peueably aad quietly enter upoa~ Lave, bold and enjoy said propercy, aad every part thereof; tbu
•aid property is free and di~cha~g~ from all lien~ encumbranca and claima of aay kiad~ including tua and wes~meots, ezcept tbwe tsat
mq be ~et out abo~e or hereinafier; that the Mortgagor wili make tt Mort r'~ u aad u ao u ~e m
ther asauranca to perfect the fa simple tide to tsid land, fiuura aad penonil g
ro ~ ~°K to Mortgagee tuch other and fur-
p pertr m tbe Mortgagee as mar hereafter be required; and
t6at t6e Mort~t~or 6e~eb~+ fallr- wartanq unto the Mort~agee the title to said pmperty and will defmd t6e same agaiast tbe tawful clr.'m~ aad
dem~nds of all ~cnow wLomwevtt.
' NOW. 1'H$REFORB, tbe oonditiom of tIw mort~e ue s~ [~at af tbe Mortgagor s6a11 well and vuly pa~ unto the Mortgagee the
~ indcbceduea evideoad by that acaio pwmiaory note of t~en date herewitly made by tbe Mortgagor aad payable to the Moagagee in t6e
~
prioeipal wm of _ELEVF.N TH(Ni. ANiI Tw[LHf1N11RELL D(l~T~sp.d 11~ 2Ll(1.II0 che final
papmmtnt of w6ich is due oo september 3Q~,9~i „~g~er witl: any note or notd 6ereaher ezauted by the Mortgagor
heraa by and io aaordance wit6 para~rrap6 si:teen of t6i~ mortgage aa 6ereinafcer sec forch and ~ecured by c6e L'm of cb;, morcgage~ toget6er
wit6 interat a~ tberein stated, and iball perform, complq with aad abide by eaeh and rrery tLe ~tipulatio~„ a~recmenes~ oonditions and oo~o-
nana oontaiaed and set foreh in thi~ mortgs~e and in t6e ~mmisary note secured hereby~ thea t6is mortgaQe and the atate hereb~ enmd
~hall ce~se and be nuil and noid.
AND~ t6e Mort~~or doa 6ereby ooveaaot and ~rce:
1. To perform, oanply r?ic6 and abid~ b~ eae6 wd c~ery t6e ~tipulnion~ aQramenn, undi~iom and oo~enana o~tained and set fortb
In ~aid promis~or~? aote or noRa, t6is mort~s~e and, if appllcable, tbe baa a~cnt betweea the MortQagce aad Moa~or.
2. Top~
~ tbe indcbtednea ucund by tLi~ instn~ent and ~ccording to the trne teoor and effect of che promiswr~ aae 6ereinabone
mentloned or of anr renewal thereof. promptiy on tbe dq or dap tL~ s~me ~crall~ 6eoane due.
f. To par~ beEoce beeoming deliaquenq all obli~adans, eaeu~nbtaacs~y tua, awa~menb, psvin~ tidewallc, ~anitary and aher wen-
meat~ ie?ia or ilsar, now or 6ereaftcr Itvied or impaed opoo or a~alDSt tbe mo~~ p[+opectr, and to e:Libit to tha Mort~~~eee before snea
tasa, aseaments. liea• and eacumb~aaca beoorne ddtnquent the offidal rad -~or a e
be ua a~d before becomin delin uent the Mo ~ a ~ P~°t theK°f~ and (f the same or an~ part tbereof
P~ ~ Q ~ 7 an7 timl pa~ t6e uaie wit6 aataed interat ~nd t~ar if aar, witbout w~~-
inQ or :ffatia~ Martgs~ce'i option to foceclae mortp~t, ot ~ar riQht bcreuodcr. and e~er~ pannrnt a made s6~ bear ioterat fran tbe
date thereof u tLe ratc of aQ6t per ceat (=96) pa wn~q ~nd all a~ch pa~meati wtt6 ititcsesc ~6d1 be ~ecnred br tha liea hereof.
4. T6~t if • coo~e~aoa ~bouW be made b~ t6e Mo~a@or of the premj~a berdn dacn'bed or any part t6etenf~ wit6ont t6e writtea
consent of the Mozt~agee and wit6out aaumptioa of e6e obBgstioa, emted bereundcr, in se~lu form of lar? b~ tLe graota of tbe Mongagar~
theo and in t6at e~ent and tt the oprion of c6e MortQsaee and witbout notice to the MortRa~ar. dl ~ums of monr~ seeured 6erebr shall irn.
mediately and eoocurreotlr wit6 nxb coo~c~ance be+~ome dne and pa~able and in defsalt w6et6er or not t6e iame are ~o due aad psysble
and in def:ult b~ tbe apecifie termi 6ereof.
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