HomeMy WebLinkAbout1260 148510
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~Cortgage
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THIS MORIY3AG$ wcuted tLis 6th September , ly 66 st Miami, P'lorida
b~ GF,I~RAI, IlEVELOPMENT COFPORATION, a Delaware Corporation authorized to
transact t~usiness in the State of P7.orida,
of tbe fint pact. 6ereinafter allcd t6e Mort~asor, w6it6 tetm d uud 6ereio in e~err iiatane~ ~haU ioclude tbe Mort~ors bein. ezecuton.
admiaistraton, succa~on~ lepl repraentui~a and wi~n, ineludio~ all subacqua?t ~antea, ather voluntary by Kt of t6e putia or in~olun-
tu~ b~ opcrsdoo of law, and ~hall deoote tLe ~in~ulu and/or pl~, aad ehe ws~euU~ sod/or faaioiae~ aad aaturai ~ad/or a~tifiasl pee~
wo~, wheaerer tod wbca~er t6e oontert ~o ttquira or admtn~ 1o TH~ FIRST NATIONAI. BANK OF MIAM1, a national bankia~ aaocia-
tioor ot c6e ~eow~d par~ herdaaEcer alled t6e M~ w6ic6 term u used 6enia ia sveq jmcaaa ~Lail Include che Mortp~cs • suaes-
w~s. le~al rep~ad~a and u~i~, iueludins al suMequeat a~ipea. dtha ~olunar~ e~ aa of tbe paeeia o~ inroluncar~ b~ opastioa
of law~
WITN8S88TA :
TIiAT tor di~en ~ood and ~aluable cansideradow. aad abo to secure t6e paTmeat of tbe a~re~ate aun uf money named in t6e Pran-
iiwrp note of even date 6erowltb. hereiaafter mendoncd~ to~etha ~?ith intecat thertoa. aad all ot6er sums of mone~ ~ccurcd bereb~ u herdn-
aher pronided. t6e Morcp~o~ doa ~rany bacQaio. sdl~ aliea. ~ releasq coa•e~ aad oonfirm unco ~6e Morcga~cq ;n fee simple. che land
of w6ic6 tbe Mott~~or b oow ~ud and in attnd poMenioo, in t6e Couut7 of St _ Tm~i g ~&ue of T~ nrir,~
daa~'bed a folbws:
I,cts 2 and 4, Block 69, RIVER PARK iINIT 7, according
to the Plat thereof as recorded in Plat Book 12, Pages
L~l and 41A, of the Public Records of St. I,ucie County,
P'].orida .
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To~et6er with aU ~nd~~ u the teaamenay 6ereditameats~ eaumeats and appurtmauca tLereunro be~ or in aay wise aPP~
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~ uinins. and t6e reaq, ia~a, and peo8a thereof. ~ad al~o all t6e aace. ds6 ticlq interat aad all ciw~ and emands v.6saoe.er, ~s weU ~
in law r in eqa[4. o~ raid Mortp~ot ia aud ~o the ~~me. and e~a7 Wrt ~ Wral thereof~ and ab° ~ ~cally bu~ noc by way of Gmia-
doo all pr and elatrie ndiator~ heater~ wuet yump~. dr aondidooin~e ~~iPm~~t+ mac6iner7~ ran~µ ele~raton and moton.
batb tob~, iia1~. waas e~o~et~. w+ca b~ piPa. faaee~, ~od oe6er a~bin~ ao~ ~ai ~tnra. manteL. refti~eratin plants and ia ~
bo~n. window arem+. areea dooe; reac~~n blindi. aoraioa. s~orm ~huctus aad a~nio~, whieb ue uow or ma~ ~r pertain t~ or ~
b~ ored wlt~ !n oe on ~aJd premius„ e~m thous6 tLe) be det~cbed oe daac6ablG are and ~6a11 be deemed to be fi~ura and a«esocia m ~
the fns6old asd s part o~ t6e ralq; and al~o snc6 penooal propert~ as msr be tpxifkaU7 dacribed abmre or Wted 6ueafta oa saaebed ~
s~tbitt ~
TO HAVg APID TO HOLD t6e eo~a6a wIt6 t6e ~aocnes, beceditanenb aad appnrtenance~ thereunoo belon~a~. aod tbe t
rsna~ iMna aod pe~a~t~ t5eceo~. mc~ tLs ut~iea ~
1~e ~atd ybrtp~ot 6eceb~ co~eaaatr wItb t6e ssld tLu t6e aid Mort~or is indefwiblr uiud wit6 the sMolute aad fee ~
dmpN eitM to aid proper ~,~nd ba fall power and lawful~i ~ b~ell~ aonrey~ traa~fer and mort~a~e tbe s~me; chu it s6a11 bc lawful ~
u acr dme baafter ~or tbe Mort eo ~ace~bb and qnietl~ eaur apoo. La~~ hold aod enjo~ uid proPert~?. acd e~ar parc tbereof; t6at
~aidp~peet~ b free aad ~ran all lieo~ mcmnbranoa ~od daim~ of ~n~ idod, incindin~ tua aad as~aunmar empt eLae t6u s
ma~ bs ~et art ~bo~e os Lie~~: thu tbe 1~ortp~or will make at Mort~a~o~~ ezpea~e aad u ao ezpaae to Mort~ee sucb other and fur- `s
dies aMUranas co paEea the fee ~imple titk oo said land. Srtura aod penonal p~+opecty in t6e Mort~ ar may henafter be rcqui~ed; ~ud i
tbat tbe Lereb fnil~ warranb anto t6e Moct~atee tbe title to ssid pcopecq ~nd will dcfead tDe ~ame a~ain~t tbe lawful ela~m~ aod j
demand~~rpenoo~ w~. `
AIOW. THBRBFQRB. t6e c~ondidoor of tW~ mort~a~e are weh that if t6e Mort~r s6a1) wdl and uul~ pq unto tbe Mortsaset tbe
indeb~edoes e~id~ac~d b~ dut eecain promiwor~ note of e~m dae 6arwit6. madc b~ tbe Mort~s~or snd ps~able to the Mortga~ee in tbe
p~~ ~~r~*v=~nrm munrra~un c~v~u uriwmRZtn TYITT.ARS (j.?a~y7(Xl.(Nl the final
paymmt of whith it duc on March 6th, 1967 witb an~ note or nota heceafter ezeeuted by the Motrt~r =
hersin b~ aad in aooordaace wic6pa ra~rap6 a~teen of tbi~ mo~t~e ss bereinafter ~et fort6 aad raured b~ the tim of tbus mort~a~ ~
wit6 interat a~ tLereio uucd, aod sball perfoon. oomply with aad abide b~ eacL ~pd ever7 tbe ~tipuluioos, a~eemeats. oooditiom and oo~o- ~
oann ooauined ~nd ~et foreh io t6fs mort~e aad in t6e promi~or~ note saurtd 6erebr. tben this enoctpte and ebe atate 6erebr ercated t
~hal! cea~e and be aull aod roid.
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AND~ t~e Mortp~or doa haeb~ aoven~ot and ~ra:
1. To puforai~ oompb with aad abide b7 eaeti aod e~ay tbe Kipnladoo~ a~ceemenb. oonditioos and oo~en~ub oon:ained and ~a foet~
la aid promiro*! aote or ooter. t6i~ mortia~e ~nd. I~ ~DP~~ betwan t6e Mort~agee and Mort~or. ~
2 Topa
7~~~~~~ 67 ~~~~000~10$ ~0 tenor and effeet of tbe promisar~ note bcceinabove !
mmtioaed or of s~ reorwal theceo~ P~P~7 0o the dq ~ dar tLs ame x~eraU~ baoome due. ~
To pq. bc~Oa beoom~ag deGnqueot. alt oblipeloor. eae~mbranoe~, ta~e~. ~anenb, W~In~ udrwalk. sanitar~ and otLer wer- f
meap~ le~ia or Uew. now or hereafta leried or impo~ed apon or spln~t thc mo*t~a~ed P~P~~7'. ~~~bit to tLe MortQa~ee before soch ;
Uea~ and ~c~mb~wces beeame deiioqoeot t6s offidsl naipa ~or pa~at t6cceof~ and if the s~me or anr paR tbereof ;
be not paid bekte beoanin[ deiinqnent ehe Mort~a~ee mq ~t so~ tim! pq tLe ame wit6 ra~trued interat aad ~ i~ aar~ ~?ithout wai~-
ing or =ffatios Mort~e~'~ optiao 0o ioreelae t6is ~ort~a~e. or ao~ ri~ht 6eremda. aod e~a7 W7~ ~o made shal bear iaternt fram tbe ~
date tbereof at tLe rate of a~6t per eeot (S'Xr) Per ~on~o, aad dl wch ps7meaa witr incere~t r6aU be ~aurcd b7 the 6en 6enof.
4. T6u if a oon~rlaaoe ~~ouW be made b~ tbe Mort~or oE tLe premjw herdn darn'bcd or an~ put tbcreof. witbout eLe wriam ~
ooment of tue Iviortpgee a~ witiiout ~umptioo ot t~ c:~L urstrd ~mss~et, is r_~
•L+ ~!?f !aw M t~ grantee of the Mortga~o[! ;
thea wd io thu ereat and u tre oP~ M~+~Pir~ witLout naia to tbe Mort~p~or. a11 ~ums of mones ~ecured Lcreb7 sball im. ~
mediatel wd aoocorre~d7 wit6 we6 c~on~e7aoce ba+ane doe ~od p~abk aod in defanh whetLa or not t6e same ue so dne ~ud pa~able
.~a ~0 3~.0~ ~ ~ aooK 1~J ~ ~
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