HomeMy WebLinkAbout1487 l ~ l
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~ortgagc
THIS 1dORTGAG$ ezecuted tlis Z3th ~ of _ OCto}~Z' ~ 1~~ u Miami . F1Qrida
b~,. GENERAL DEVELOPMENT CORPORATION, a D~laware cQ~poration
suthorized to transact business in the State of Florida.
of che fint pan. 6ereinafte~ ealtcd tbe bloc~~or~ wbieh ttnn n uud hcreiq ia t~err i~batt ~6s11 ixlude tbe Mo~tp~or's 6eies, uauto~s,
adminisuston. succes~oa, le~al repraeat~d~p aad as~i~m„ iocludias all subsequeat ~rantea„ eitber roluntary by act of t par8a or ia~olun• (
tary dr operatioo ot law~ ~ad ~6a11 deoote tbc ~io~ulu sad/or plu~sl. :nd t!e maxti:Gae and/or faaioine, and aatun! and/w attifield per~ ~
wa~, wbcnsrer aad whenver t6e cooteu w rtquira or ,.d~nin, to THS FIRS'I' NATtONAL BANK OF MIAMI~ a ostiooal bankta~ wodr ,
cion, of t6e ~coond pact~ berciaafter calied t6e Mo~~cs. w4icb terin a~ used 6ereia ia e~ery ia~tance ~6a1t ioctude tbe Mortsatee'a suocef ;
wn. le~al represcatat~~a and a+~iga:. iocludie~ all •ub~equerit ssi~necs~ eitber voluntary by act of tbe ya~ia o~ involuntaq by opetatjoa .
of IaM~
WITN$SSETN •
THAT for di~en sood aad ~aluable cowidcratiaa~ aad al~o to aecure the paymeat of t6e sg~~eQacs ~um of moaey named iu tbe pras-
i.~ory note of e~cn date hereKith, ~eninafte~ mcutioaed, to~er with ieterat c6e~con, aad sll otbe~ swns of mone~ aecured bcreb~ as bcrdn-
:fter prorided~ t6e Mortsaqor doa ~aati bac~siq ull, aliay remi~e. release. conrey and oonfirtn unto t6e Monga~ee, ia ks ~imple, thc laud
oE w4icL eDe Mortr,~or is aow ieised sad in ~ctual po~essiay a the Councr of - S t_ L.LC i e _ Scue oE F t nr i r3 a
dacribed a folbws:
Lot 12, Block 72, RIVER PARR UNIT NINE PART_B, according to the }
Plat thereof as recorded in Plat Book 14, at Pages 47 and 47A ~
of the Public Records of St. Lucie County, Florida. C
Lot 11, Block 61, RIVER PARK UNIT SIX, accordinq to the Plat !
thereof as recorded in Plat Book 12, at Page 28 of the Public
Records of St. Lucie County, Florida.
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Lot 9, Block 64, RIVER PARK UNIT SEVEN, according to the Plat
thereof as recorded in Plat Book 12, at Pages 41 and 41A of - j
the Public Records of St. Lucie County, Florida.
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RfCrnTo 3` ~li PA:~~EKT oF Ti~tFS ~
C'~: C•.' C 'C' IH:Atif'Blt 'f'S'.`.~,L P"0?ER1Y, g~~~
PI.:S.:~t:t TQ C!~6P7.-F. E•1;.'. r'~'~ G. 2~i1. ~~~8 c~t~ 2A~~~31
fCG-~ FOI;i!1S, C:e;k Litct;:t :,c~;t ~,nSc~N~
go~
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2s /!~~^t tot C11':fsl N. KtIGFYirS. 1 ~ g. ~yE~- Vt., h
St Lucie Ceu:.hj ~ax Coikc~ S.q~Et~'~sysh°~e
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. DEPUiY l:t.ERK
To~ether sit6 all snd iie~ulu tbe twerowt; hereditaments, easemenes aad ~ppunenauca thereun~o be~~ o~ in any wise app~r.
cainio~ aod tre renp~ issua, and pro~u ther~of~ and also all t6e atate, rig6c. tiQ~ interest aad all claims and daQands whanoe~er. n well
;a law ar in equiq~ of said Mortpgor ia aad t~ the sam~ ~od e~erf p=rt and parcel t6ereof~ aud also spaific3Ur but oot by way of 6mita-
tion all ~ aud deeccic firturar rsdiawn~ 6estea. watu pump~. air oonditioaiai MwP~o6 m~~7~ ~ka. ~ansp, elevaeon aod mow~s,
bat6 tu~, sinln. wuer eio~et~ wuer basio~ pipe~ hucets~ and ocher plumbina and 6eac.ns fisture~, mancels. refricersciag planis and iee E
bous. wiados ~creeos. sereen door; ~eaeeian bGnd~„ aoraica~ storm shutten and avniag~. whic6 are aow or m~y rert~aEter pert~ia eo or
be wed wit~, in or on uid premiscs, evm tLou~h the~ be daac6ed or daachabl~ are snd shall be deened to be fiuurp and aaenoria b
t6e freeboid rad s put of t6e cealtr; sad also suG6 penoatl prope~ u may be ipaificall~ dacribed abore or listed Lereafter oa ;eqched ~
acbiMta ~
TO HAVE AND TO HOLD the »me, t~o~ettier Rit6 t6e teAemtnes. he~editamenb and appurtenanca t6ereunoo be{on~io~ ~ad tk •
rcnes~ issua ~ad pcoSu c6ereof. unto c~e ~aid Mortptee.
T6e said Mortsa~ot Lerebr eo~enanp srit6 t6s said biortQa`ee c6at the said Mortgagor is iadcfessibiy seised ~rith t6c sbaolutr aad fce
timpk dtk to said proptrt~.~ and ba~ full povrer aa~ lawful sutborit~ b ~eil, ooo~ey. tramfer and mort~age the saaue; t6at it a6a11 be lawfW
~d y time hercaher for the Mort~a~ee topeaceablr aod quialy eata upoa, ha~q 6oW aod tajoy said Propetty. wd c~
properry is free and dix6a~ fran ati lieas, encwabranca ~nd claims of sn ki P~ t6eroof; t6at
ma~ 6e ~a out abore or hereinafcer; tbst tbe Mo~s~or will make at Mo r includiug tua and a~asmeaa~ euept tboa c6at
t6cr nsunaca to perfect t6e fee simple citk oo said land~ fistucts ~nd pe ~j~ros upea~e and at ao upcn~e w Mort`agee sueb ot6er and fuc.
P pe~ in the Mortgaees a~ may 6ereaher be rcquirod; aod
d u n~d~ ~
a~ fullr iarraats onto the biorqaste the titk to uid propest~ aad will defead tbe wne a~aiost t6e lawful elaims ~ud
P~~
NOW, 'I'HBREFQRB. tbe oonditioas of eLis moa~e ue tuc6 that if tbe Irlortga~or s6al1 well aod erul>pa
> unta tbe Mortsa~ce ehe ~
inde6tednea e~ideoeed bT t?at certain prorei~ory note of eren d:te berewi:h~ raade b~ tLe Mortpsor aad ps~able to tbe Mortgasee in t6e
pri~pv ofP'ORTY-EIGHT THOUSAND SIX HUNDRED AND 00/100-~~ 48, 600.00
pay~ment of rr6ic6 i~ due on _~,D~'11 13 ~ 19 ~ 0 tugetber witi snr note or nota hereafte~ ezeruted by tDe Matas~ot
herdn by ~nd tn ueordaace w~ithpa rsgrapb si=tetn of this mortga~t aa LereiaaRer !et fort6 and secund br the 4m of thi~ mortsase, to~et6er
with inttctat as thertin uated. and shail petfortq comply v~it6 and abide b~ eaeL aad e~ery t6e ~tipulationti ~rtanents. eouditioos ~ad eo~~.
naoa ooncained and sec fonb ia rAis reong~qe and in the prani~,+ory note secured 6ercby. t6ea c6is mortp~e and t1e acaee 6ereby ueued
sha11 ane and be null and rdd.
AND. the Moresa~ doa hueby ooreo~nt and ~r~e: ;
1. To pcrform~ oompl~ ssit6 ~nd sbide by pc6 ~nd r+req the ~tipulatioo~, aueemeop~ oonditioos aod oo~enanb ooutaiacd tod set fortl -
in ~d pramiMOr~ sae or nae~ ebi~ mortsa~e and. if appUcabte~ t?e ban a~eemeat bec..eca the Mon~agre aod Mortp~pr.
Z. To Par ~he iadebcedaw saurcd br ~hi• iwtraa~ent aod ~owrdina ~o t6e true tenor md effeet of t6e promis~ory oote berdnabore ~
mcoclaocd or of a~ reoews! ~6ereaf. P,nmpcly on ~6e d.~ or da~. ctie woe •e.ecaly beoo~ae due.
3. To par. before bea~omiu deliuque~ s11 ohli~ eaewn~rance; tuq, a»p~meop, parins, sidswallc~ sanitatr and other wew- ~
ment~ k~ia or ~iea, oos or 6erea~er irned oc im aod to e~ibit to tbe Mort~~ee befors ~nci t
po~ed apoo or apiwt tbe moni~i~ ProP~n7.
ca:a, auessmena, lieas and eoeumbranca beoo~as deliaque~ tbe ofRcia! rcceipa for paYa~ent ebenof, and if tbe ~aaoe or aa7 part ~bereof ~
be not patd befwe becomio~ deliaqueat tbe Mor~~cs ma~ at ~r ame wr ~~e .«t~ ioarc~ aad e~a~p, if ao~~ wic6out wai~.
tng or affaan~ Mort~ec's opion co foreelae t6b m~:a~ er au~ ri~bt hereunder. and ereryparment a made ~ali bear i~cnst fraw d~e
dacc c6er~of u e6e rue of aa per cene (lo%) Pet aonns. ~od all we6 p~~rmeoa with iacerat dall be ~red b~ t6e Gw bveof.
4. 16u !f a oonrefaacs sbuld bt made b~ tbe Mortss~or of t6t p~emi~a beran daen'bed or an~ put tettee~f. ~eitbout ttie written
coASeo~ of che Morepsee and w;~ba~t a~umpaaa of ebe oblip
two. ereated t?eronader. ia re~ulu fonn of law by t6e ~antce of tbe Mon~a~or. '
thm ~nd ia th~t t~eot and at t?e optioo of t6e Mortp~ce aad wic6rx,c iwciee a tDe Moa~or. al! iuuo~ of mooey ~ecured tiere~? ~al! id. ~
med;stcl ~nd ooncnrrend~ ait6 a~ a~oo~erioce benome dus ~nd pa,~abk aad in default w4e~ber o~ eot tbe ~ame ue so d~e aad Pa~abk ~
aad in ~ifanlt tiy t~e apeetfie urar bereo~.
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