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THIS INSTRUMENT WAS PREPARED BY
SIDNEY B. I4tASSNER CaftPORATE COUNSEL: ~ortgage
General Development Corporation
2828 Coral Wap
Miamis F'lorida
THI8 HORIY3AG$ c~cutcd t6ts ~~l dq of FAbruarv ~ ly,~,$_ u Mi ami ~ Fl ori da
GENERAL DEVELOP'MENT CC~tPORATION, a DelaNare corporation authorized to
b~ transact business in the State of Florida,
of the fint pact~ 6creinafter ulied tbe Mort~a~r. wL1tb term as wed herein in e~rer~ imttoet ~4a11 ioelude tbe Mort~a~or's Lein, e~euton,
admiaiuraton~ ~ooce~onr le~al repraeacaci~a and a~i~. iacludias all ~ubsequa?t ~rantees„ ather ~oluatary br act of tbep~rda or iarolun-
ur~ b~ operatiao of law, and ~6a11 deuote t6e dn~ular and/or plural. aod t6e ma~culiae and/or faninine~ aad Aatu~al and/or artifidal pea
~oo~„ whene~cr aod wbece~e~ c6e ooute~ w requira or admin. eo THB F1RST NATIONAL BANK OF MIAMI. a uational Mnlci aaoct:-
doq, of the seoood parq 6e~einafce~ called the M~ wWcL term as wed hereia in eveq iosunce ~6a11 Include t6e Mo~i suoccs~
wn, le~al repcaeauti~a and a~i~m. ineludin~ d~ub~equeat awi~nea, athu ~oluntar~ b~ ut of tbe paKia or in~olnntar~ b~ operattoo
ot law.
WITNBS8BTA :
THAT tor di~en ~ood and ~aluable aoasideratio~ and ~o to ~ecure tLe paymmt of che a~ace sum af money named in the Prom-
i~wq aote of r~en dste Lenwitb. 6erdnafter meadoaed, to~aher ~itL interat t6ereon, and all other ~ums of mone~ ueuced 6ereb7 as 6crda-
after pro~idcd, tLe Mortp~o~ does traot~ bar~ain. sell. aliea, tenniw. relcase, aon~ey and oo~nf'rm ~ c6e Mo~ce~ tn fee timpte. tbe land
of whieh~ the Mort~w i~ nuw ~dud sod in actual pora~ion, in the Count7 of St. Lucie Seace of ~orida
de~rn'bed a~ folbRS:
i
Lot 12, Block 69,RIVER PARK UNTIT 7,
according to the plat thereof as ~oFt~~.
recorded i.n Plat Book 12, Pages Q~,.~
!tl and 1~1A, of the public records L Q ~,s° f`9
~Q ~~o
of St. Lucie County, Florida. / ~~e~ s.~~ ,o~~
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c~ ; DOCUMENTA~~~~Sia~~,P~ TH:t ~o~G =-v ~o,~~ Q~~
~ - FEB20'68 y~' =~.s;;.' _ ~O P9en< G~p~`I ~
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. F- ° = a' 1 ~ ~ O ' °S `V'`?g
N V CoMPTROIIER = S~'
P~?. i~~'38
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Ta~ether witL dl and un~ulu tLe tenemena. 6ereditammb. easemeats and appurtwa~a tLereunoo beloomn~ or in any wise appee~
uinin~. and tLe reats, is~~ and proSa thcreof~ and abo all t6e atate. righy title. ioterat and all claims and demands whusoe~er. as weU
in Iaw u in eqnit~. of said Mort~oc in and to tbe same. and r~a~ put aad psrcel thereof~ and aLo speaBcaUy bac noc by way of Gmia-
tiou aU ps and eleetrie ~uture~ radiaton~ Laterti water pumps~ sir oonditionini ~9~P~. ~M. boilen. ranga, elr~atois and mocon,
buL tub~. anky water elo~e~ r?+ta bnimr P~Pa. h~cets. sod otLer plumbing and hestin~ futurn. manteb, refrigerating ptacts and ioe
boses. window ~ercm~. Kreea doorr, ~eneaan blinds, oorniees~ scorm sLutten and swnia~. w6ic6 ire now or ma~ hereafter pertaio to or ~
be a~ed witL, in or on ~tid premiin. e~m tbou~h t6e~ be deached or daac6~b1~ ue and s6a11 be deemed to be fiztura and sae~oria to
tbe fralald and a part of tLe realtp; and al~o ~nc6 penoosl propert~ s may be ~pecificall~ dacribed above o~ Wted hereaher oo utscLcd
a~'btta
1~0 HAVS AND 'I~O HOLD tLe same. toQether witL the teaanents~ heredinmeab and appurtenanoa tLenunco bebn~ina. and t6e
nnb, ;~sua and proSa tbcreof. nnco tbe raid Morcp~ce.
1be aid Morc~or 6ereb~ oo~eaants wit6 tLe said Mortga~ee tLat tLe aid Mortgagor is indefeasibly seised wic6 tLe absolute and fee
impk dde to said pe+opert~. and 6u fnll power and lawful autbont~ b sell, aonve~~ mmfv aod mort~age the iame; cLat it s6a11 be la~rfd
at ~ time 6ueafter for tLe M~t~ to paaaby and quieclr enar upon, 6av~ 6o1d aod mjo~ said propert~~ and e~er~ put t6ereof; thu
pid propert~ is tree and di~e6 ran ul Uea~ meambranca ~nd etaimr of any tind, including aza and as~sment~, arept tLae t6at
m a~ b e ~ e
t a rt abo?e or herejw~; that the M
o
r~
a~ or will make u Morc~a~o~~ apeme and u no ~pense to Mortaagee s~cL aLer and fae~
ther wuraoca to perfat the fce rimple nde to ajd Iwd. 8~ura snd personal propercr in c
Le M
ortgagce as map hen
a f
t e r b e rcqni r
e d; a o d
t6u tbe M r Lersb fuU~ warrants nnto the Mortpsee t6e title to said propertr aud will drEend t6e stme again~t tbe lawful claims and
dem~nds of~petwo~ w~.
AIOW. THBRBFORB, t~e oooditlom of t6is mort~e are wcL that if the Mortga~r s6d1 well and trul~pa
~ unto the Mortsagee the
Indebtcdnw e~ideaad b~ tLu oertain promi~wry noce of e~m due 6erewitb. made b~ tbe Mortga~or aad payable to tLe MortgaQee ia tbc
~~J ET rAT 'i'1~10 T AND .T('=HT H[JNl]RF.n i]OTT.ARS R~ ~(l0,(~ tbe Soal
pa~meat of wWc6 is due oo 0~,~~qt l l~ 1,Q6$ , togaLer wit6 aar note or nota Lereafter ezauted by t6e Mor~i ~
heran by and in acoordana witbpa ragrap6 si~tceo of this mortgage as hereinaker ut focth and secured br t6e 4en of tLis mort~e, i
wit6 interat as tLerein stated, and ~6a11 perform, oomply with and abide br eacL and erery tLe stipnlatiom. aareemeats. cooditicns at?d oo~o- ~
nants contained and set forth in c6is mortgs~e aad in t6e pmmisiory cate mured 6ereby~ tbea t6is mortQage and tLe atate 6ereby uemd -
sball ceau and be aull aad ~oid. ~
:
S
AND~ t6e Mortp~or doa 6aebr oorenaot and a~ree: :
1. To petforn~, oaaPl~ wit6 and abide 67 eacL and e~eqr the stipulations. aareaneab~ oonditio~ and oo~eauw oontained and set forts f
In ~aid ptomirwr7 nate or aoces. this mo~ase aod. if applicable. the ban aQreement becweea t6e Moctgagce aad Mort~or.
2 Topa
r tLe indebtednew Kcarcd b7 this in~umeat aad socordin8 to t6e true teaor and effect of tLe promiaocy nae Leranabo~e j
meattoned or of an~ reocwd theceo~ P~P~7 an tLe da~ ~ dar tLs same ~erall~ beoome dne. - ~
3. To pq. befoce beoomio8 deUaquea~ all obli~atiou~ eacurnbrancs~ tazes, ~ena, w.~~ .~a~..a~r, .ao;c.n and otber aMe~- ,
meat~ le~ia or llmr. oow or 6ereaha lened or impaed npoo or a~I~t the mort~s~ed Pr~P~rt7. and m e~ibit tu tLe biortQaga before soeL ~
~sy~, ~ tien~ and eneumbranca beoome. delinqneat t6e off'idal raoeipes for pa~meot t6ereof, and if the ~ame or an~ Fart tbereo: ~
bs not pald before beoaains del~aquent t6e Mortp~ee ma7 at an~ tlmf par tbe umc with acctued Interat and eLar~a. it ao~, ~rnLout ~.ai~- i
[ng or affectin; Mo*t~cc's oPvon ~o foroc{ae t6i~ nortp~e+ or ~n~ ri~t bereunder. and e~er~ pa~meat so made ~hall bear interat from the
date t6ereof tt tbe sste of d~6t Per ceat (t96) Pa amu~. snd dl web ps~mmn with inteee~t s6a11 be ~ccnnd b~ tLe Uea hereof.
4. lbat if a ooonfaoee r6onW be made b7 t6e Mort~a~or oE t6e p~emiw berdu dacdbcd or ~n~ put t6er~f~ wit6oot tLe wriaea
oomeat o~ tbe Mmt~aBa aod wit6ont aaumpticn of tbe obli~at,~ aated hereunder. in regnlu form of 4w br tLe grantee of tbe Mortga~or.
tLea and in thu e~ent and at tbc option oE tLe ~lortpia and witbwu nodce t~ tbe Mortlalo~~. all s~ of monry iecured 6ereb7 s6a11 im- ~
medi~t ~nd aoneorre~b with weL ean~epance ba~ome doe ~nd ps,~able and in defanlt wLerber or aot tbe ame ue ~o dae aod pqable ~
.oa ls~~fsak b ~ •v~~ ~ R
~ BooK 170 ~833
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