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HomeMy WebLinkAbout0367 ca~o~n~ carxsEL: 163`720 ~ GENERAL I)EVFLOPMENT CO~tPO~RATIOI~ • 2828 Coral Way ~ ,z.~ Mianti, F].orida ~ortgagc THIS MORIY~A(i$ wtuted t6l~ ? 8th .TanL? rX ~ iy~ n Mi ami } Fl nri da byGENERAL DEVII,OPMENT CC~tPORATION, a DelaKare corporation authorized to trznsaat business i.n the State of Florida, of t6e fint part~ bereinafter ulled tLe Mort~a~or, wWc6 tena a wed he~eia io ererp iwtanee ~haU ioclude t6e Mon~or'a hdn„ esauton, administraton. sncee~on, IeQal repraeatati~p aad aai~o~, Iodudins all subsequent ~aatcn, atber ~olunury br ta of tbe putia or ia~olun- tar? br operadon oi law. and thall deaote tbe dnQulu and/ot PIun1. and t6e ma~euline aad/or faniniae~ and oaturd aad/or artifidal pee~- wm. w6mene~ aud wherever the ooatest w rcquira or admin, ~o TH8 FIRST NATIONAL BANK OF MIAMI~ a nuiooal bankin~ as~otia- doq of t6e ~eoood pa~t. Lereia~fter called t6e MortQagee~ w6tc6 term aa w;d bueio in ercry iwtance sbatl ioclude tbe Mort~etee't aeeces- wa„ lc~d repraentativa and wigm. iocludia~ ail subscquent awipees~ dther ~olnauq b~ ut of t6e pa~tia or in~oluntar~ e~ operatioo oE lan~ . WITNBS8BTH: THAT for di•en ~ood and valuabie oaosideradao~. aad abo ~o ~eeuro t6e pa~meat of t6e a~rc~ace sum of mooer named io t6e pran- is~ory aorc of e~en date hercwit6. hereinefcer mentioaed~ w~sther with iatereu ther~on, snd all other ~ums of moner ~eeured Lereb~ as herdo- after pro~ided, t6e Mort~a~or doa aracy bargain~ sell~ aliea. retdse, celease~ oonrayr and oonf'irm unto the Mortgs~cc~ in fee ~unple, the lacd of w6icb tbe Mort~~or b oow ~eised ~nd In ~etud pw~essioo. in the Couotr of _ St. L.LG? A State of F7 Qr1 a~~ dauibed u folbws: Lot 1, Block 61, RIVER PARK UNIT 6, according to the plat thereof as recorded in Plat Rook Z2, Page 28, of the public records of St. Lucie County, Florida. O . _ RFCtIYED = ~ ! 111 ~AYMWTOFT/1~ w STl~1 t~~ t- L U i=21 f>A GUf OV CLASt'C' INTAHGIBLE rERSpNAL MOPEfC1Y~ rU3S~)~.NT ?O CNAPTEk 2G7U, ACTS OF 1Mi. ~ t_ OOCUIdENT p`~ S I'AMP TAX . Gg~ ~~rcvit C~ourf J~ -'MN2r68 ~ - as A;~nt fa~ CU TIS M. lAMES ° ~ 3 2 0= ( q V ~ o" r' J ~ A I C I O ~ i 0 1 N~ y j 4 X ~ ~ a C~ O f COMPTROLIER - ~'1N~38 . ~ oEwmr ( ToQaLer with aU ~nd sin~lu t6e tmemwa, hercdicameuts, eaumene acd ~ppurcmanea tLemmm bc~ or in an~ ~ise aPP~ ~~i 1~ ~~b ~~~w~T~p~Bu~ ~rdeo~f. ~ abo ail t4e aate~ ri~ht~ ticie, iatuat and sll claina aad emaodi whsaoe:er~ as weq ~4 sam~ sod eser~ put and parod ~aeof, and aLo spenReally but not br way of limiea- 8m tU p~ ~nd e1~eMc S~uce~, radiator~ 6eatenr watet pump, dr aonditiootn` equipmeat, machIner~r~ boilen. rnQa~ elevacors aod mower~ bat~ en~ dab. ~?wr elo~eb. water bador~ pd~ucet~ aad aber qumbin~ and Dann~ fiztura. manteb, rctri~erating plant~ and iee ~~med wi~ ~~iaid pr~is~µ~e~ ~an b oornioa, ~orm ~6uccen and awLtDp, whiC6 are now or ma~~ 6ereaiter pe~tain to or tbe fmbold and a ut of tbe real and abo~iuc~ be detached or daachable~ aro tad s6a11 be deemcd to be fi~ueYS aad aocawria to P 4; P~~~ ProP~7 ~~7 ~~P~+~ll~ dacribed abo~e or listed hueafcer m aeached TO HAVE AND '1~0 HOLD the ~er with t6e tmanenb, hcaditamenb aod ~ppnrtenauee~ d~ercunto bebn~in~ and tbs reaq, iana ~ad profitt t4trcof. uaoo t~e ai~rtp~ 1~e atd Mortp~ot 6stebr ao~maob wtt6 th~ ~atd Mort~a~ tLat rLe wid Mortgagos is indefeasibly ieiscd with the abwlute aod fee ~imple dtl~ to Wd . and La~ !nU poaa aud lawfnl aut6odep b all, aon~e~~ cnwfer and mort~a~e the ame; chat jt s6a11 be lawtul at aoy tims haeafter !ot Mo to pesoeahi~ and qutal~ enta upoo, 6ave~ bold and mjo~ said ProPerey. aad rnerr part thenof; tLu utd ptopert~ L lree add dt~ehars~i~ran atl Umy eacwnb~anea ~nd elai~m of any kiod~ i~ludinQ tua aad aaasmeab, empt tbae that mq be ~a out abon or hereina£er; t~t the Noet~s~or will make at Moct~a~oe'~ espe~e u?d se no e:penu ~o Morc~ee we6 ot6er aod fur. ther wuranes oo perkct tht ta simpk 8de to aid land, ~stura and P~~=1 P~P~~7 1n the Mort~a~a u map 6eroafcer be reqnirod; aad d~~M~o~ 6e w fuU~ e uranb aoto the Morcpsee t6e ticle w uid peoperty wd wflt defend tLe ame a~ain~c ~6e laaful clatau ~ad of tIl pec~om NOW, Z'EiffitBFORS, the oondttlom ot tLi~ mort~e ue soeh cLat if the MortQa~or aball wetl and crulrpa~ unoo ~e Morr~a~ee ebe 1bd~ednw n?Id~aocd b7 tbtt aruto proroiMOrp note of s~en date 6uewich, nude b~ tbs Mort=a~or ~nd 1~o tbe Mo P+7ab e rtg~~ee in ehe prludv~l a~ o! FTr,um munr~~e~m ~rrr_um urn'~~.-~O~A~ 8,,800.00 the ~;nal ~ rw+r~~rra pa~a¢ent o! wbieb b due on Julv 18. 19fi8 , ro~K ~e or nota 6ereafter eucuced by the Moa~r 6erein b~ ~nd in aooordanu witL para~apb siiteen of t6i~ moct~ase u berelaafca at forth aad ~aured b~ the Uw of t6i~ mort~s~ with tnterat a~ therein rtucd, =nd sball petform~ oompy witb aAd abide b~ eaeb and ner~r t6e itipulatiooR asreem~ti, eonditjon~ and aore. naab contsined aed ut fortb in t6is mortg~e and in tLe praai~or~ noce sec~red 6etebT. tbea t6is mort~e and the atate 6ereb~ eremd i s6a11 eaae aod be nutl wd ~oid. AND~ t6e Mortsa~or doa 6ereby ooreosnt and a~ra: 1. To perform, oompl~ wit6 and abide br eacL and e~eqr t6e stipulaiom, a~reaaencs„ oond;6~s aad oo~enana oonuiacd and set fort~ ln s~Id proma~oq oote or aots. tLis mo~t~rae ~nd, I~ aPPtiuek, t6t loan a~eemeat betweeo tLe Mortgagee and Mort~a~or. Topa r tbe iadebtedua~ secured b~ this In~meot and ~owrdiag tn t6e erut tawr md effect of t6e pramis~op note 6ereinabovs meatioaed or of ~n~ renewd c6eno~ PromPdr oo the dq or dqa the Nme ~nenly beoane dne. m~oe~ fe~ia or ~ aow or 6cre ~tea m~~or tml obliptlonr, encwnbrance~ ta:a, weamma~ pavio~ adewallc~ ~anicary and a6er aae~- esser, wa~meats, Gmi aad encumbra~a beoome~~ npon or a~aimt the P+vP~th'. aad to e:hSbit to tbe Morc~a~ee before ~weL be not pdd before beoomin~ dcli ~~eOQ~ ~°~~v papment thereof, aad ii che wne or an~ part tbereof ~ inQ or affatine Mort~a~ed~ optio~a~to foreclae iLi~ a'"7 ~ w~ che ume wi~h .arned iacera~ and cbarsa„ if an~~ wicboat wai~- ' dau ebsr~of at eLe nte of ei~ht per aat (t96) Pu wd ~11 soc6~ hereunder. and e~eq' W7ma?t a made ~6a11 besr interat from t6e W7~n wieb inmat .halt be ~esnred b~ tLe Uea 6ereof. 4. T6at if s con~ef~ sbould be made bp tbe Mort~a~or of the prem3w 6aejn darn'bed or an~ part there~f~ wit6oat ehe writtea coosenc of t6e Mort~tagee ~nd witbout aNUmpcieu of t6e obH~apoo~ u~ated 6ereuoder. in e+e~nlu fara~ of 1aw b~ tbe sssnca of tbe Mortga~or, cben and in t6a e~wtgand at tbe opdon of t6e Mort~asee snd witbout notia to the MortJta~r. ali sums of nwoer ~ecuced 6erebp ~Lail Im. . : mediatelr aod ooncurreatl~ witb soeh cnn~e~wce ba~ne dne ~ad pa~abk and in defaWt w6ether or not tbe ~~me are w dne and pa7able ~ ~ad jn deEaah bj tbe ~pedfic ~erm~r bereot. ~ eooK1~ ~ ~~J ~ ~ .;3 j;.~ x.. ~