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,f~tort ~ 1485~2
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THI8 MORTYiAO$ wcuced e6is ?th September ~ 1~66 u Miami. Florida „
by GENERAI, I~VELOPMENT CORPORATION. a Delaware Cor~o~~ation aL hori ~Arl
to tranact business in the State oY Florida.
of tAe fi~st ysrt. 6creioafte~ ullcd the Mortp~~ wLkb term a u~ed herein in e~req in~t~aee ~hall include tbe Mo~~or'~ hdes, ezauton,
adraaistraton. socea~o.~, le~al repraeutariva and a~ipa, iuciudia~ ait subsequau ~aatra~ eicber roluruarr br aa of t~ paitia or in~olun-
tary br operatioo of law, aad s6a11 dencte the do~ular and/oc plural. and t6e ma~4ne aod/or temtniae, aad natunl aad/or artifieial pe~-
~oo~, wbenrver aod w6erever tLe oonteu ~o requica or admit~. eo THB FIRST NATIONAL $ANK OF MIAMI, a cadaaai baati aaocis-
doa, oi tLe ~eoood parti be~anaher calkd t6e Mon~a~ wLkb term as w:d 6erein ia s~erp iosuaee ~6a11 ioelude cee Irioct~asse~ suaer
w~s, letal reprarncati~a aad wi~os, iocludias all ~uMequent asi~nea, dcba ~oluntar~ b~ aec of ~6s paKia a ia~oluccar~ b~ operatioa
of I~w.
WITNBS88TA :
THAT tor di~en ~ood and ~aluabte aooaderatioo~ and ~bo ~u secuoe tLe p~oent of t6e a~re~ate wm of moner nsmed in the pran-
ia~ory aote of eien date 6erewitb. 6ereinafter meatioaed. ~et6a with iotecat t6ereon, and all otLe~ s~ms of moat~ ~ecured Lereb7 as 6erdo-
ahu pro~ided~ tbe Mortsyor daa grant, barpin~ sell~ aGeq rantse, releau, oon~ey and aonfinn un~o the Moregatee, in he simplG che laad
of w6icL eLe Moets~ i~ oow ~aud and iu aaud pormioa, In tbe County of St. T.Lei e ,&ue of ~T2'~ ~3.
dauibed a~ folbws:
Lot 6 and 3, Block 13, REP7~AT OF A PO~tTION OF Sa[1TH PORT
ST. LIIG".~ UNIT ~d0, according to the Plat thereof as recorded
~ in Plat B~ok I2, Page I~S, of the Public Records of St. Lucie
~ County, F7.orida .
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To~etLa witL a1l~sinNlu t6e tmemeaa. hereditammts. wemraa aad ~ppuetm~nea thereunm ~ or in ao7 wise apPer
eainioz ~ad t6~ ~eats, aod gt+oSb tber~eol. ~nd abo eU dts stat~. rjsbt~ Bde, interat aad all daim~ and emaods wLatioe~a~ a weU
in Itw M!R eqtlib. ~ r~ p~ sod paeal theeeof, and aLo apenSutly bae na by way o~ limica-
dau aU p~ aal el~etrk ~irtura~ ndiator~ baten. wata D~Pb ais ooudidaJaie ~uiPm~eo~ machlner~. bpiisr~„ raa~a, de?acers aad mocon.
batb ~tnbr wwr eloue~ wsur 6nia~ Pi fasKeb, aad otba Plumbiat aod ba~int Sstuca. manub. rehi~eratin ptwa and ios
ehi
bo~a. w dow areea~, ~ee~en doot'~. ~maiaa bl ao~ ~orm ~6utten and awoinp, w6ic6 are now or mar ~r pcmin o0 or
M wed widti tA or oa utd prmo~. e~an tbou~6 t6e~ be dcaeLed or dauL~bl~ are ~nd s6a11 be deemed eo be firtura and aocaaria ~o
~ d sad a put ot t6e realq~; and also ~uch perwnd propertp a~ nur be ~paeifkalip dacdbed ~bove or Wtcd Lereafter on attach~d
TO HAVS AND '1~0 HOLD t6e torabu witd tbe teaaaead, herc~dfamenb and apparteaaaea tbemmto beloo~in~, and tbe
rsab~ iwnes aad profi4 tbereo~, anoo tbe ~ai~rep~ee.
T6e ~a1d Mort~ot L~eby oonsaaots wltL the aid Mort;agee tLat the taid Mortgagor is indefeasibly uized with tLe absolute aod fee
dmpk dtle to said pro . and 6a~ ~uU powa and lawfal autbonty t~ rell~ aon~ep. van~fer and morc~e t6e ume; tLat it s6a1! be IawfW
at an~ time 6ereaiter for oop~~
y snd qnialr e~et upoo. Lar~ bold and m1o7 sud ProP~rt7, and e~ery part tbeceof; thu
~aid,yropert~r b free aud dbcL~ran lal liea~. enemnbnaea ~nd elaim~ of an~ kind. inelndiog tua aad asxwnents~ empt tho~e t4at
mq be set out ~bone or heraa~; tLat t6e Mort~asor wiU mske at Mort~o~s apeeue and at m apea~e to Mort~sgee wc6 otbes and f~,r.
' tber asuraoeea w peifat tbe fee waple tide m aid land. t'utura and penonal prope~q in t6e Mortga~ee as mar 6ereaker be rcquired; ~od
tbu the M Lereb~r faU~ wuranq naw tbe Mort~a~ee t6e title co said pmperty and will defend t6e »me again~t the lawEul cla?ms and
demwds of~peno~o~ w6~a~oever.
NOW. THBRBFQRB. t~e aondjdaos of t6L mort~s ue soe6 tLst if tbe Mortga~or shall well aod wl~ pa~ uoto tLe Moresa~ee tbe
iudebtedaa~ t~ideaad b~ that eernin promiNOq note of e~w due baewith, rnade b~ t6e Mortsa~or and pa~able cu t6e Mortgagee In the
prtodyal wm ot T~TY-ZWO THOUSAND S'~ HtJPiDRED DOLI,ARS (t 3~, t6e fin.t
paymmt of w6ic6 u due on Mareh 7,~36? toget6er wit6 any oote or oota 6ereafter ezauted by tLe Mo~~or
htctl0 L~ ~ Ip a0C0(daMt a?lt~ s~agrap6 si~een of t6is mortgaQe aa hereinafter set foct6 and secured b~ the lim of t6is aartgsje, ber
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with interat as tLerda uated, an~ shall pecforio, oomplr wit6 ~nd abide b~ each wd e~erp tbe ~tipulation+. ~rameab, oonditions and amro-
nana o~taiaed and ~et forch in thi~ moctga~e and in the promisar~ noce ~ccnred hereb~. thea t6is mort~s~e and t6e acace berebr ereated
shall cea~e aad be nutl and void.
AND~ t~e Mortta~os doa 6aebr aoreoant and .ira:
1. To perform. aompy wi~6 snd abide b~ eaeh ~nd e.ar rLe .dpnlu;oar a~ramme.~ ooad;cion~ aod oo•enana oooeained and sa foreD
3n uid proa~b~or~ note ~ nota, tbts mortsass aad, if ayplieab{~ t6e iwn a~rament bawan t6e Morc~a~ee and Mort~or.
Z. To ~ tbe lndebtednai ~ernred b~ thi~ In~tnument wd ~eeordios eo t6s trne teaor aad effat of tbe promtrop not~ hcreinabove
mmdoned or ~a~ reaewal c~ee~eot, praapel~ on th. dar or ds~. cM woe .e.enty beoome dae.
3. To pa7. before beoo ~iag delinque~, all obUptiooti eac~mbrsoee~ taus. awe~ena. pa~ia` ddewally ~aaitar~ aad a6es aweM- +
meat~ Ie~ia or liaa, now or 6c aftu k~ied or fmPo~ed nDoo or ~Nnrt tbe ~?ropert7. aad t~ e:6ibtt ~o ebe Mort~a~a beEore ~neb
a~~, Uen~ and weambraoca beoome deUoqueat ths offieid reaiptr parmwt tbereof. and [f t6e ame or an~ part tbereof
be aot paid before beoomin~ delinqneat tbe mt~ ~t so7 tim! Pq t~e ame wlt6 aocroed intereat and e6ar~s, it wit6out w~i~-
iea or affatins Mort~se'~ option to loroe{ae~moctp~e, a: agr ~i~ht 6enuoder. and e~en W7u4ent ~o made ~ball beu iacerat fran iLe
date t6ereof ~t the rate of di6t per ant (!96) Per ~nnmo. ~ud all arcL pnm~ats wit6 iatereu ~sli be secacsd br ebe lien 6ereol.
4. That if • oon~anee ~oaW be made bp tLe Morep~or oE the prantw 6adn dbrn'bed os an~ part t6erenf~ wit6out cLe writtm
aomeac oE t6e Mort~a~ee ~ad witbout aMampdon of tLe obB ereaced 6ecemder, In t~Wu form ot law b~ tLe eranca of ~he biortgs~o:~
p~~oo, h
cLeo aad in c6a e.eec and at t6e option of c6e Morc~ce and ..itboaR ooeice ~o cbe Morc~r. rll s~au of awnes .ecured hereb7 ~haU i,m.
medluelv aad oooeurrenty wit6 sue6 eon~elance ba~ome doe aod pa,~abk and in defank wbetLer or aot tbe wne sre w due and ya~able
aad lo ~rfsnh b~ tbe :pecilic arm~ ber~of.
eooK 155 2~~
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