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HomeMy WebLinkAbout2460 ~ ~ 1631~2 r...,, ,~.u ~ortgagc THIa MOA'IY~AGB, eanKe~ t~i. 27th Qecember 1~,~., u Ni ae~„~ Ft n; a b~ _GEI~RAL DE~'ELOPMFNT OORPORATiqd, a Dela*?are corporation authorized to _ transact business in the State of Florida, of ~be Grst part. 6ereinafter alled t?e Mort~or. whier teaa as wed 6erein in evec~ ia~t~nce ~hal1 iotlude tbe Mortp~or~ 6eies, eucuooe, admiaisuaton, s;~ece+ron~ le~al rep~aen~ad•a aod wisw. iaeludins all sub~equau ~aneea~ eit6e~ ~oluauep b~ ~a oE tbepae~ a or inrol~- car~ b~ operatiao ot law. aad ~6a11 deoote the sosulu aad/or plunl. and t6e msscuUne sod/or faniniae, aal oacun! ~ad/or aKi~sl pea wx ~oo~ w6eae~er wd w6ere~a t6e oonteu w tequi~a or sdmit~. eo TtiB FIRST NATIONAL BANK OF MIAMI. a oadooal ban ' w~xia- tiaq of t6e seoond pa~ 6ueiaafte~ ulled c6e ort~~ wLicb term as wcd 6erein in weq io~taau ~bdl include tbe suaa- w», lepl npwentui~a aod a~y~. includit~~ all ~uMequau awi~oees, athee ~olunar~ b~ aet of tbe pueia or inrolnncu7 b7 opaadoa o~ law. WITNBSSBTA : THAT fot di~en sood aud ~alu~bk oomiderstion~. and abo ~o seeure t6e p~omt of t6e aacesaa aun of moner oarned in tbt peam- iaoq aoee of e.a~ date 6e~ewit6„ hereinafcer mentia?ed. wtethe~ wit6 iacerat ~6erooa. and all othe~ sum~ of mone~ tecured 6eree~ as 6erdn- after pro~ided, t6e Mortsa~r doa ~an4 baK~in. setl. aliea. mni~e. alease, oonrey aad oonfirm uoto tLe :+~tonga~ec„ in fee ~impiq the land of whic6 tbe Mo~ts~oe it mw ~eised tod in ~etual poreaioo. in t6e Count~ of St. LuCie State of glol'ida daen'bed a folbw~: Lot 2, Block 60, RIVER PARK UNIT SIX, according to the plat thereof as re- corded in Plat Book 12, Page 28, of the public records of St. Lucie County, Florida. ~i i1~~~O~'" ~ Y ~ ~ ~ s `"~~~r''~ "~c~ ` ~GE~~ GV~~cN~ w} i/-~ 1 L- ~ p t~ L U i~ 1 Lw.'-~ p~~~~.N~~~.S. c~ DOCU~tENTA_.~~•~I~t~~P 7~,X ~v ~aP ~ ~ = _ -~ti. _ ~(~Ca ~ ~ ~ _ ~C2~'67 C t;~=_`i~ ~ ~ ~ a . - 3 5 0= . v~ cc~~.arRC~ ~ =a~~~ : _ D~..o9i=~ h ~ Toget6er wit6 dl and siugulu the tenemmta~, 6creditunents„ eauments and appurteaance~ t6enuom be or iu an~ wise aPpa- cainia~ and tbe reab, issues. and pro6n tLeteof, and al~o all the atacq rig6ti titlq iacerat and all claims aad emands wLanoe~er~ ss well in law d in equit7. of ~aid Mort~or in a~ ~o tLe sam~ aod e+af Part a~d parcel tLereof, and also specifxally bnt not b~ war of limita- don dl ~u aud electcie fi~re+, radiatorr~ Leaten. ~rater pumps, air aonditionin6 MwP~y ~7. boilen. ranga, ele~aton and motors, bath tub~. ~inb. wua cloats. wuu baunt4 PiPe. fautets. and otber plumbing aud 6eating ~tura, manteb. refrigenting planb and ioe bosa. window screms, u:eea door~y ~eaaian blinds. oornicn. scorm shutters and awnings. whic6 are now or may Lereafte~ pert~in ta or be med witb, in or on ~aid premises. eren thou~6 the~ be detsc6ed or daachablG ue and s6a11 be deemed to be fi~ures and socaioria ~o tbe fteehold snd a par~ of tbe realty; and also sae6 penooal pt~opert~ u mar be ~pccificall~ dacribed abo~e or listed 6enafter ao uta~ed eshibit~ TO HAVE AND 1~0 HOLD tLe wne. mget6er wid, t6e cenemenb. herediamenu and appnrtenanas t6ereunw beloagin~ and tLe rtab~ asnp ~nd pto8q tLtetaf. m~ tLe siid Mortaagee. T6e said Mort~Or beceby eo~enanb wit6 tbe said Mortgagee tLst tLe said Mortgagor ia indefeasibly seized w;ch the absolute an~J fee imple tide to ~aid prope . and 6as fuq power and lawful autLoric~ b sell, ooa~ey. transfcr and mortQage the aame; tLat it slull be fawfnl at any ame beceafter for~ Mort~agee t~ paceabl~ and quialr mter upoo. Lave~ Lold aad mjo~ said properq. and e~err put thereof; thu raid properef is free and dix6ar~ed fran sll liem~ eocumbrac~ca and daims of an~ tiod. including tua and asxumena, empt tbae c6at may be ~et art abo~e or he~eioafter; that tLe Mo~tgagor will make at Mortgsg~or'a ezpease and u m ezpense co Mortgagee wcb aher aad fur- ther arwanca to pecfect t~e fa simple cide to ssid land, fi~ures and penonal propertr in the Morcgagee as mar 6ereafter be required; and t6at tLe Mort~a~or 6ueb fullr wurams anto the Mort~ee tLe titk to said pmpertr ~nd will defcad tbe same again~t tLe lawful claims and demaaid~ of dl peesoos w~er. AIOW. THBREFORB, tbc oooditioo~ of tLis moct~e are snch cLat if the Mo~tga~or s6d1 ..e~~ a~ wir w~ ~~~*~g•sK ~ indebt~dna~ e~ideoced b~ t6u actain promisary noce of e~en date 6erewit6~ made b~ t6e MortgR~or and pa~able to tbe Morcgsgee in ~Le p~PV NINE 1HOUSAim DOLIARS 9.~-~ tbe fiaai psyment of whicb is due oo TLnQ 2,2.~. 19bR , togetber with an~ note or aota 6ereafter ezecutcd by tLe Mortgagr?r 6ereia b~ and in aaoordance wit6pa ragaph urtcrn of this moccgage aa Lcreinaher ut fort6 and s«ured b~ tbe Geu o~ thi~ mortgaae. to6etber wit6 interat a+ t6cran seated, and sball perform„ oomplT wit6 aad abide by eac6 and e~?er~ the sGpalstiom. a~roemenb. oonditions aad oa?r nana aonained and set fortb io this mortga~e aad in the pmrnisaory oote secared Lereby. t6en t6is mortgase and tbe auce 6erebr aeated s1u11 cea~e and be aull and ~oid. AAID, t6e blortp~or doa berebr oo•enaot aad a~e: ~ 1. To pedorm. aompy wit6 aod abide br acL and e~eqr t6e stipulatiow,.sar~~nmts~ oandicioa and co~eoants aonained and set fort~ ia aid promiNOrr uot~ or noas. eLis mnrt~a~e aod. If spplicabl~ tbe loaa agaemeat bccweeo tbe Mortgagce and Mort~a~or. 2 Topa 7 tbe iodebcedow ~ecured b~ t6is i~tnrment and aeoordin8 eo ebe true ewor aad eEfecc of c6e promia~or7 nae hadnabo•e mmtio~cd ar of an~ renewd ~ber~o~ PromPUy on tbe dq ~ da~s the wne se~eraU~ beoome dae. To pay. beiore beooming deliaquent. all obli~atiam, eacumbraoca, tazo„ as~es~ments~ W~in& ddrwaUc~ saaitar~ and atLer wes~- mea~ le~ia or liem. now or ~ereafter leried or iwpaed npoo or a~aimt ebe mortp~ed P~P~~7. and to e:Libit ~o ebe Mort~aga before ~ue6 aw. a~wmsnts. lieas and encumbraoca beoome ddinqneat tj?e offidd reoaps for palment t6er~of~ and if tLt same or anr part tbereof be not paid before baomtng deGoqueat tLe rtp~e ~7 ~~T ~ Ps7 tbe ume witb ~ocrued interest aad c6u~a. if an~, withont wai~_ ing or affatin~ Moet~a~ee'~ optioa to foredose~ tLi~ mott~aR or aol? rig6t 6creunder. aad erer7 WT~ so made shall bar interat frow tbe date tba~of ~t tbe na ot d~Yt pa omt (=9G) Pa annm, ~od ~11 wc6 pa7meats wit6 iotaat ~all be ~cared b~ the Um Laeof. 4. T6u if a ooon~ance ~honW be made bp tbe Morttspr o~ t6e premi~a 6erein dacn'bcd or an~ part t6ceeof, withont tbe writtea ooment of ~the Mort~ee ~od witLout aaumption of tbe obUpuoo,, aated henuada~ in ceQular form of law b~ tLe prmtee of tbe Mortaa~or. efm ~nd in t6at e~eat and at t~e optioa of tbe Mortp~ee and wit6out nociee to t6e MortRaWor. all ~~aa of mooer secured 6ereb~ ~6a11 im. mediad ~nd ooocnrceoty witr wcti ~oo~efsoce ba~orae doe and pa7abk and ia defanlt w~a6er ~ oot ttie rame ue w dae and Wrible ~ ~ ~~k y ~ ~ ~Q~j~(1~ PACE2442 _ _