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~ SIDNEY B. KRASSNERrCORPORATE COUNSSL t '
aeneral Development Corporation _
2828 Coral Way ~
l~+Iiami, Florida ~ortga~c 1`739(11~
T~tt3l~tpR~Aa$ s~.c~cd ~i, ? JANUARY 1f,~ u Miami Florida ,
~ GENERAL DEVELOPMSNT CORPORATION, A DelaKare Corporation suthorized to
transact business in the State of Florida,
of tbc fint psry ~ccdnaftcr ulled tM Moct~or~ wLie6 term as u~ed henia in rrer~ imtanes ~aU ioelude ehe Mott~oe'~ bein, s~ecuoon,
admioi~cnton„ ~ueason, lepl n raenc+ui~a aod wi~ tnetudin~ ali iubaequeat s.antea, eit6er ~olunta~ by aa tbe a or iarolua-
rs p~
urp bp operatioo ef l~w. and ~6a deoote t6e ~in~ulsr wd/or plural, aud tbe ava~culiae and/or faoioia~ aod oat~ral aad/or arti&3a1 pea
~oa~ wDeaever aad w4emrer t6e oootest w ecqwrp or ad~olp. eo THB FIRST NA1'iONAL BANK OF MIAMI. a oadonal~~N~aninas aMOd~-
ttoo. ot tbe ~eooad pary 6crdaafte~ alied tbe wLk~ tam as ~»ed Leseia jn snq imtance ~6d1 todude tM
~o~. kN np~a~ead~a aad asipa, tududinuu~iuD~eqnent ud~oees, dcha rolunur~ b~ aa o~ tLs pareia or in~olunesr~?j~,opeca~ ~
oE law~
WITNESSETH:
1'HAT for di~en awd and raluabk ooo~ideruioo~ aad aia to ~ecute t6c p~ment of tbe s~aa aua oE mons~ oaa~ed ia ttie prom-
i~ory note of r?ea date berewich, 6ereinaftcr mentioned. to~etLer with interat chenoo, snd all a6er of moae~ ~eeurcd benb7 as 6erdn-
•ka W'o'~ided. tbe Mort~a~or doa R~4 ~4 K11? ~~4 relwq oon~ aod oonfirm ~w~o t6e MoctgtseR in tee ~impk, tbe laod
of w~id~ t1e ldoctp~or b aow ~dsed aod in ~etud po~ioa, la d~t Couuq a~ ST. I,UCIS ~ FLO~RIDA
daaibea a~ folb~ws:
Lot 16, Block 69, RIVSR PARK UrTIT Sh'~1SN, according to the plat
thereof as recorded in Plat Book 12, Pages 41 - l~lA, of the
public records of St. Lucie County, Florida.
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~ F~".. pOCtA~ENTApM . STAMP TAX Pues;;ar;; to c::aa, rr:rn~rc~e~ s~s~n~.~~ PeoPEen~
~ _ = 4 2,.~~a. ~rs of i~ti.
~ = JY11B69 ~3 - RGC~R Fv^IT,^v"S, Ct~:~ Ci?tuit Court
° ' ~ ' 7 ~ Q~_ as kgent for C~
~ " " = st u,~~ N,
~.rn~s~ - t~x ~i~ect"~YLES~ JR .T~ !~oll~~
_ - ~ ~ -
. ~mc at~wc
~o
To~a witL all and~~ u t4e tmemeata. 6erediamrnt~ eaKmenb aod appurtmanca t~ersunm~{~~ or io any wae appa•
~~pb ~~~n, an~ proSts theroof. and aLo aU t~e atate. righy titlq interat and ati ciaims aad d~emands w6anoe~er. ~s weU
in !aw • ie e~q~db. of aid Morrsa~ ia ,ad m ~be .amy aod e.a~ puc and paral cLcreof, and abo sped8csllr b~ n.oc by wa~ ot hmia-
iao Toes.
tiao ~11 pr aad datck S~urar radiaTOes. beaten? waa P~P~, ~ir oonditioninge qapmea; macLineqr. boiien, *an~s. denatas wd motors~
bse6 tob~y ~inb. nata eio~ts. waer bado~ PiPa~ h~rand aber P~+~~i aad 6eatin~ fistnre~ mantea? rsfri~e~r~ring Planfs aad ia
baa~r wjadow aeeem. ~erem doon, ~eaetian bhods„ oo oa. ~torm s6umrs and awainp. whic6 are now or mq 6aeafeer pertain te o~
be wed wit~, in or on ~aid premises. e~an tLou~h d~ be d~etae~ed or daachsbie. arc aad ~bali 6e deaaed to be fiuura aad ~ooes~oria ~o
~ sod a part of t~e ralty; and ~bo ~wr6 P~+~v P+'oPnR1' as mar be ~paifially dacribcd abm or l'aced bercafter on atcae~d
1~0 HAVS AI~1D TO HOLD eLe ~o~aha wlth tbe t~ane~ hacdiamenb sad appurtmaotes tLereuaoo be{oo~ins, and tie
reae~. froa ~ad peofits t~eebo~ meo eb~ utd~orcp~ee.
~ ~ ~1d+lortp~ 6ae6f oo~enaob wit6 tbe aid Mor~a~ee cLu the aid Mortgag+or is iadefes~'bly seised wit~ tbe ~6soluce and fa
pk ~ and has fnU powee aod lawfnl autbriq t~ all. aonre~. trawfer and morc~a~e the same; tLu it tLall be tawfol
~daqr tiaoe ~erand ~fraa a
li liem,~~~ aud ela
~ of in~ lund, inelud~'iog
tua ind
~~aaoents, euePt tbaef~ e6at
mq be ~et o~ ~bo~e ar 6e~in~; tLat t6e ~ will make at Mort~a~uc's apea~e and u no apea~e eo Mortp~ee wcb ot6er aad fut~
ebe: auraoon to perfea t6e fee simpk titk eo ~aid t~ud. fistura and penoaal propert~ in the Nortga~ee a~ may 6ersafter be reqoia~td; ~od
dmved~ aE alI -~whom~oe~ urama anw tre Moet~asee tbe 6ck co said propectr anel will defead tbe ame ag.tmc ttie iswful et~ and
l~i~
NOW~ TEiBRBFORB. tre ooodiBoos of tLi~ oo~t~e an soch t6at if ebe irtortga~or s6ap weq and mil7pa
7~~ Mort~s~e tre
iadibeid,eM e~id~aoed bt tkat araia pr+omiNOq aote of e~ea dste 6erewitL, made b7 tbe MortP~or sod pa~able ~o tbe l~3oct~ee in t6e
PdedP~1 wm et R7+EVEN THOUSAND Tf~EE H[TNDR$D ZWENT`Y FO[TR DO T ARS (~_},ls-~2L1.00 t~e Ssal
paymeat of w6ic6 is due on . JUI,Y 7, 19b9 w?~tL anr aote or naa beresftcr ezaueed b~ tLe 1~l~~
6erde bp aod jn aooordaoa wit~pu a~rap6 aiueen of t6is morc~a~e a 6ereinafcer ~et fortb aod seeured b~ tbe lim o~ tbb mortsa~e,
witr iate~nt n tbeeein stucd, and ~6a11 perfoeq oomply wit6 and abide b~ ad~ aod e~er~ t6e ~tiPatatiom. ~tr, oooditfoa aod aosa
n~n oootained sod ut fort~ ia t6is mortgaRe snd in thc prani~op aote sanred herebl. tDen this rsortp`e aad t6e aute reeeb~ ereat~d
sball ccne aod be anll aod ~oid.
AND. t~e 1Loetp~or doa ierebp oo~eoaoc snd ~pee:
1. To perform, oompy wie~ aod abide b~ qeti ~ed eresp ttie ~dpulatioor~ s~camenta, oonditioos and oo~eosnb oootaiaed aod set iatl
in aid ptod~y ~ote or sotM, tLis mo~t~s~s ~od. i[ applkable, tfe ioRn ~ceeme~t betw«n tbe Mortss~ee aod Mortp~or.
seaeio~ed or~of ~
raKwa! tier~+o~ pe~umpclr~ ~e
dq~~dq~tb~
erallr beooms~d
aod cEfat of t~e pcoeai~or~ aae ~aeinabo~s
Te pq?. befare deGnqueot, ~II ~biipti~ eacvobrsacer? taus. a~eraneaer. W.ios, sidrwalk, waiu?q as~ ocLet ares-
~+1 le~ia or lisa. now orbpb~erca cr le~ied or L~paea ~~es K~pimt tre mo~d P*oPe*q'. and to s~iblt tn ebe Mtwt~a~e b~~ae we?
es~os. wa~b~ lienr and eocumbraoca beoome ddisqw~t t~e et}feia! tecefpa for Wlment t6ereof, snd if tbe woe or ae7 Wrt tferea~
be sot paid beEae b~caad deUnqueat tbe msy ~t w~r ttme pa~ tre same wIt? aouued iatenst aud it ao7. withoat wai~-
~ optiao a iocec~ ~ ~
~ ~t rsee e~ d¢t Pa oe~ (t%I Ms wo~y na p~~ bereundet. aod e+erp W7~aeot a made ~?al besr ioterait hom tk
n pa~wots wie~ i~a~c tvll be ~ccared di t~e lien raeo~.
4. 11at ff ~t ooa~aste t~oY be msd~t ~7' eh ~tore~or of t~e praoo3~a recdo daer~ed or se7 Part t6sreof. wit6ent t6e writt~e
aoa~eot eE t4 Ne~tp~ee ~sd witlo~t rmeption of tM rb
b'~ao~, ueued 6ee~cunda, is tsinlar iorni ot law b~ tie ~ra~ce of els
cfe~ ~.d io t~at e.eat ud ae e~e ~ptioa o~E d~e ~ ud -wic~oae neeice a cie NortJO~o~. all s~mr ot mooer secused Ys,~r .6a11 ~
rdiaM! ~aed saconatf~ wit? ~ tm~ascs ba~we dnt ~*qaWe aed b delaah w~etier or eot tre ~mt are ~o dne aod pq~?k
h i~.k er..MetBe ee~s. t~e~.eE.
a~"~ 1 ~5 ~A~ 1U2Z
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