HomeMy WebLinkAbout0721 THIS INSTRl1i~NT WAS PRSPARSD BY ' t
SIDNBY H. xRASSI~R C~tPORATS COUNS~EL
1'71815
(3eneral Develapment Corp.
2828 Coral Way ~ortgagc _
Miami, Florida
28th OCTdBSR 68 Mi.ami, Florida
THId ~dORZ~3A0$ aacuoed tYi~ dqr o~ 1~_ u
~ ~RAL F'MENT CORPORATION, a DelaWare corporation authoriaed to
tranaa~ b~qiness in the Stete of Florida ~
ot tbe fl~t psrt, 6ereinaiter ¢alled the Mo~t~a~or. wWc6 term as u~cd hereiu io erery io~tanee ~6di ioetude t6e Mort~or's hdn, aecuton.
admidstraton. suearor~. k~al repcaeacatt~a and wip~ iocludia~ aU ~ubsequent ~ancea. dtber ~olwuan b~ ~a of tbe partia or ia~oluo-
~7 M~tadoa o~ taw~ ~nd .~lall deoote t6s w~ular aad/oe P~ and the maxvline sud/or faaidnq aod aaurnl ubior artiSdal ptN
~oo~ w6eaever ~od ~6ere~rer ths cootert w repuira or admla, to ~ FIRST NA'TIONAL BANK OF MIAMI, a n~tiowl bsn aMOeIa-
door ot ttie ~eoood pa~t, 6udnafter called tbt Mart~s~ee, w~ie6 tam as wed hecda in e~erp laruooe a6a11 ioelude t6e l~~o~s s~
1ep1 rePnsentad~a and aai`m. includins all sobaquent a~d~oees„ d~Da volunur7 b~ ~a ot t6e paeeis or tn~oluntsr7 b7 operada~
oE law.
~ WITNBS88TH:
THAT fo~ dt.en ~ood aad ~aluable ooodderatioo~. and abo ~o ~ecurt t6e pa~ment of tLe a~re~ate wm of monh named in tM prom-
iaoqr aote of e~a~ date henwitb. herdnafter mendoned. to~a~er wtth intecat thereoo. and all other sum~ of monr~ ~eenred hereby as tierda
alter peo~ided, the Mortp~or ~es Brany bupi4 K1~. ~lim. remiw. n~e~, oon~ and oonficm mto the Morega~ce, in fee dmpk, t6~ land
of wLich ttie Ido~tp~o~ ts aow .dsed .ud tn .awl porn~ioe, io e6e Co~me~ o! St. Lucie ecue oE ~~UA
daeeibed r toibws:
Lot 11, Block ?3, and Lot 6, Block 76, RIVER PARR, UI~IT I~TINE, Part 'A',
according to the plat thereof as recorded in Plat Book 1l~, Page 31, of
the~public records of St. Lucie County, Florida.
_
~E~~~ ; IR PAYMEN7 OF ilU(ES
y, :J 1 H 1 C~'~' t' L l, r: ~ i~:.~ OJE 0~~ CtASS •C IttiAN61BLE _
V~ nccunr,ENr~~~- _s~E~r~:~ x.~:: PUfiSWIfVi TO CFlM PERSOHAI PROPERiY~
~ _ TER 20724. ACTS OF 1941~
~ _~rr-i~s9 - R~CER POITRAS~ qerk Circuit Cour~
° 3 3 4 5= ~ k~t t~ cuans ~a
~ c~ = : , ~
~ C01~!?TR~_LER
R 1''91* ~J
F? _ . . . s _..__.~:.r .
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To~etber with s11 and sio~olu tbe tmemmtr. Lertditamenb. ea~ts aad appurtmanea tbettunto ~ or In anr wise apper
uinta=. and tre teats, ~ and proSa tLatio~, and al~o aU the aute. ri~ tide, interat and all claims and emaads whanoe~er. as wep
, in law a~ ia eqn[q~. o~ s~id Mort~os in aad ~ tbe sam~ aod r~er~ part paral thereof. and abo ~pec~fiull~ but mt by way of timlta-
tion s11 p~ aod dat~ie Srtures. radiaton, heaten? wua pmnyr, aIr oood,aooin~e
q~iPa~ay macLlner7i boikn. ranga. ele~aoon and moton,
bath dab. water cb~et~y wuer b~dns, PiPa~ hueeu, and oebes qumbfn~ and hestin~ futures~ maateb. refriQeratw'
g plaots and ia
boss~.~ areem. ~ee+KU door~ ~enetian bhnds, oo ~oorm shuuers aad awnin~. whicb ue now or ma~ hereafter pertain to or
be mcd witb. ia or aa wd pnmises. e~m tbou~6 tbe~ be d~ or detuLablG are and s6a11 be damed m be fistura and aaca~orie~ to
~ tLe froebold and a put o~ tLe ralt~; and abo such P~v ProP~7 ~~7 ~~+~ll7 daeribed sbmre or Wted 6ueafcu on aaaebed
, ahibib.
TO HAVB AND Z~O HOLD the same~ ~o~dhu wit6 tbe tmanene, 6eceditameab and appnrtenanea thereunoo beion~ins. aad tLt
reatti iw~a aad pcofib t~ee~fr moo tLe ~aid Mortpsee. ~
Tbe said Mo~ Lereb~ oo~enauu witL t6e aid MortgaQee tbat tLe aid Mortgagor is indefeasibly seised with t6e absolute and fa
im to raid poo . and 6a~ fall power and lawful aut6orit~ b sell. aon~er. vaa~fer and mortg~g~e t6e ~anoe; t6u it s6a11 be lawfnl
u hera~fter tor m~
1~ and quialr eacer upoo~ have~ hold and m~or •aid propercr. and e~err part thaeof; tLat
~aW ir f~ee and ~rom lai lieas~ eac~mbranca and claims of any tind~ including aza aad aaasmeats. ~cept tbae tLat
mq ont abon or ban~: tLat tLe M~s will make at Mortga~o~~ ~pea~e and u no upeme co Moe~t~agee weL other aud far~
eber nwranees to paiect the fee rimple tide to tJd land. fistnra aad penona~ PeoPertr in tbe Mor~aga a~ mar 6ereafter be reqmred; and
tbat tLe ~ 6ereby fn117 warranb mw t6e Morep~ee tbe title oo said peopectr and will defend t6e wne agatwt the lawfW claim~ aud
demaod~ o~ pet~oos wbom~oe~er.
NOW. 1'RBREFQRS. t6e ooodittoo~ of tLi~ mort~e are wc6 t6at if the Mortg~~or t6a11 wdl and trW>r~> unco tbe Mortp~ee tbe
iade6tedow e~ideaad br tLat aeain praai~ory note of e~m due herewitb. made by tbe Morcga~ur aad pa~able to tLe Mort~a~ee in tLe
p~w~ ~ ~+TENTY-7.W0 THOOS~ND TARS~ A[11~tED DOLI~ARS ~~??.~~00.00 tbe Snat
payment of whic6 is due oo ~~-28~ ~-9~ ~+a wit6 any aote or nota hereafter eucated by tLe Mor~or
6rrein b7 ~nd in aooordanoe wttbpa ra~raPh sirtcen of tDis mo~ as Lereinafter ~et fort6 and saured b~ ehe 4m of tbis moct~e, to~etba
with iMerat q tLt[ein stated, and shaU ptrfonn, oomply wit6 aod abide br eac6 and e.er~? the mpnlac~ .~rea~n. oondie;ons and ao~.a
nanes eonained and set fort6 in this awrtga~Ce and in t6e pmmisory note ~ecnred berebr. tbm this mort~e and tbe e~tste 6eab~ eresKd
ahall ecae sad be aull and ~dd.
AND. ttie Moetsa~or doa 6a~b~? oo~enaac aod a~ree:
1. To perform. oomPb witb and abide b~ eacb aad e~eqr tbe stipulation~~ a~rwneats. ca~ditiont and ao~enana oontsined and ~et fortti
in said p~7 note os notes, t6is mort~a~e and. if appliabl~ tbe ban agra~eat betwaa tLe Mortgagee and Morr~.
Z Top~
y tbe ~ndebtedaar ~ecored by tLis I~ent and aooording ~o tbe trne tmor and eflect of tLe promiaoc7 nots Laeinabore
meatioaed a~ of aq renewal theceo~ promPdy o~ d~e da~ or da~. c6e .ame se.eraU~ beeame dne.
f. To pq. i~oce beoom~ deGnqueut. dl obU~aBoo~. eae~mbrsna~, ta~a. ~t~. Wvin~ sidewaUc~ uaia*7 and other aMes~-
meaer. ktia or Iiw. oow or er le~ied ot impo~ed opon or ~pimt t6e ~ P~P~+~7. and to ezhibit oo t6e Mor~ee before we6
ts~a. was~eab. liw and eaeumbranea beoome ddiuqueot ehe offiaal reodpn paymeat thereof~ and if tbe ame or an~ part t6er~of
be not patd before beoomin~ delinqumt ebe Mortp~e m~ a an~ ~ime w~ c6e same wich aarned incera~ and~~ tt an7. wicbout wai~.
1na or sffeetina Mort~a~ee's oPdon oo toceclae t6is mat~a~ or a~? right 6ereuadu. sad e~a7 Ps7meat a made ~hali bar iatenst fi~om t6e
dats tbereo~ tt t6e nte of d~6t t`~r aat (i96) Per amam~ aad all a~ch ps~meab wIth intereu ~Dall be ~eeured by tbe Uen bereo~.
4. That if ~ oonne~ana rhonW be made b~ t6e Mort~or of the premisa 6erein dacn'bed or au~ put t6ere~f~ witbout the wdetea
eonseat of t6e Mort~a and wit~t awumptioa of tLe obli emced 6ereonder, in te~ulu form of 4w b~ tLe granta ot tbe MortBa~or~
tka ~nd in tlut e?ent and at the opdon of t6e Mmtp~ee witboat naia oo the MoK~or. all s~ of monef ~ecured 6aeby s6at1 im.
wa is~d~s~ b~ ~c erm~i bei~ome das ~ad pqabk aad in defaalt whaha or not t6e ame are io d~u and W7~bk
gooK ~74 F~ ?~.8 -
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