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MORTGAGS DEED
THIS MORTGAGE DEED:
EXECUTSD the lOth day of April , 1968, by:
GENERAL D$VELOPMENT CORPORATION, a cor-
poration existing under the laws of the
~ State of Delaware and authorized to trans-
act business in the State of Florida,
and having a place of busi~ess at Miami, Dade County, Florida, party
of the first part, hereinafter called the "Mortqagor", to
CATHERINS R. CARLISLE, CHARLES R. CARLISLS,
and ROBSRT R. C~RLISLE, as Trustees,
parties of the second part, hereinafter called the "Mortqaqees",
W I T N E S S E T H:
That for divers qood and valuable considerations, and also in con-
sideration of the agqreqate sum named in the promissory note of even
date herewith, hereinafter described, the said Mortqaqor does grant,
barqain, sell, alien, remise, release, convey and confirm unto the Mort-
gagees, their successors and assigns, in fee simple, all that certain
tract of land of which the said Mortqaqor is now seized and possessed,
situate in St. Lucie County, Florida, and more particularly described
as follows:
(See Exhibit One attached hereto, made a part
hereof and incorporated herein by reference.)
TO HAVE AND TO HOLD the same together with the tenements, heredita-
ments and appurtenances, unto the said Mortgagees, their successors and
assigns, in fee simple.
THIS IS A PURCHASE~MONEY MORTGAGE.
AND said Mortgaqor for itself and its successors and assigns, cove-
; nants with said Mortqagees, their successors and assiqns, that said
~ Mortgagor is indefeasi.bly seized of said land in fee~simple, as afore-
~ said; that the Mortgaqor has full power and lawful riqht to convey said
t land in fee simple; and that it will be law~ul for the Mortgagees,
` their successors and assigns, at all times peaceably and quietly to en-
~ ter upon, hold, occupy and enjoy said land; that said land is free from
~ all encumbrances; that said Mortgaqor, its successors and assiqns, will
~ make such further assurances to perfect the fee simple title to said
land in said Mortgagees, their successors and assigns, as may reasonably
~ be required; and that said Mortgagor does hereby fully warrant the title
to said land, and will defend the same against the lawful claims of
~ all persons whomsoever.
~ PROVIDED, ALWAYS, that if the said Mortgaqor, its successors and
~ assigns, shall pay unto said Mortqagees, their successors and assiqns,
~ the~said promissory note, of which the following in words and figures
~ is a true copy, to-wit:
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f This irst?ument Was Prepared By;
CUR'"rORATE COUt•iSEL,
6ENERAL Q~YELQF'AENT CURPORATION
2E28 Coral Y/ay, ~.7iami, Fla. ~
~ 60~K171 PACE1~~~• '
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