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Home My WebLink About1137 1 MTG• 17 18~~~1 ~ a A+1 ~tortgage THIS MORTGAGE, e:ecuted tbi~ 26th dRr ofNovember ~ 1y69 at Miami, Florida _ by GENERAL D~sVELOPMENT CORPORATION, a Delaware corporation authQ.~'~,zed to transact business in the state of Florida. of the first part, 6ere+nafter called the Mortgago~~ whic6 te?m a~ uscd hc~ein in every in~taoce ahall ioclude t6e Mortgagor'~ 6eirs~ e:ecuton, ad~ninistrators, aucceswra, legal reprae~tativea and asaigns, iaciuding aii subscquent grentca, eitAer voluntary by act oE the partica or involun- tary• ~r operation of (aw, and ~6at1 deuote the ungular and/or pi~ral, and the msscuiine and/or feminine, and aatural and/or artifici~l per- wrts. Khenever ~nd where~tr thc contc:t w requi~a or _dmits, to THE FIRS1' NA1'IUNAI. BANK OF 1~tiAM1, a natioaal banking associa- tion, of the sccond part, hercinafter called t6e biortgagce, Khich [erm as used hereio in every inuance ~hal! intlude the Mortgsgee'~ succef- ~on. legal reprpcntativa and ~s~igns, including all subxquent aa~ignee~, cithcr voluntary by act oI tbz partia or involuntary by opecatioo of IaM. ~ViTNESSETH: THAT for divcra good and valuable coa~iderrtiuns, and also to securc t6e payment of the agg~egate sum of money namcv~ ia the prom- i»or~• note of even date here~.itb, hereinafter ruentior~ed, wgether aeith inurest thueon, and ali ot~er ~um~ of monep secured hercby aa 6e~eia- after providcd, the !~tortgagor doa srant, bargain, sell, alicn, remiu, reiease, ~unve~• and confirm unto the hiorcgagee, ia f~e ~imple, the land of whic6 the I?iortgagor i• noR ~cizcd and in actual poucesion, in the County of __$t . Luc ie State of Florida dacribed as follo~s~: ; . i Lot 16, Block 73, RIVER PARK, UNIT 9 PART A, according ~ to the Plat thereof, as recorded in Plat-Book 14, Page 31 of ttie Public Records of St. Lucie County, Florida. . tt~~-~ : _A w~R~~l e~4~0.~, s te~ ~ Jn~` ~ ~f~ QS~+~~. ~ s CA y E,• ~ pF ptQp tg ~ Q c-~ ,.~~S'~ p(G. , i~?~g~~E?5,~ l• F~. y3~~~ •C ~NtF t2D o~.< C~,~ti . ~ l~C•':~~ . 1::•%~' ,~;EO 4~j,SS t~4?i" ~ C;~t~~ ~,S,1~ ~ . Vc.. R~G~' O~~ c C~ ~4`~~ i o~~:s~*}'~~ZQ~`s, t~•~ oc e:-: i:~• ' QC~~ R ~t O PC•~-'a~,~~\e~ ~ R~ t a5 A~.` ~e vt, ~ t~,t, o~e~ St ~ s . ~ Together Rith all and singular t6t tenement~, 6ereditaments, casements add appurtenanca t6ereunto belooging, or ia aoy wist apper- tainiog. ~nd the reat~, isaua, aad profita thereof~ and alw ali the ntate, right, titte, intereet and alt claims and demands whatsoever~ aa we11 ~ ia law u io equity, of ued biortgagor in and to tht ~ame. and evety part and parcel thereof, and a~ao speci6cally but not bp way of limita- I tion all gu aad elcctric fiYtures, radiators, heattr~, vvater pumps, air conditioning equipmcat, machinery. boifen. raages~ elevaton and moton, ~ bat6 tub~, sink~, a~ater cloKta„ watcr ba~ins, pipes. fautcn, and o:her plumbing and hezting fiztura, maatels, refrigeratiag piaub and ite ~ twza. window xrcem, screeo doors, vcnaian blind~, rnrnica, storm ~huttero and an~nings, Khic6 art now or may 6erafter pertain to o~ ~ be used with, in or on sud preaiscy, eaen thoug6 t6e~ be detached or detachable, are and s6a11 be deemed to be fiztu~e~ snd aeces~oria to ' the frte6old and : pan of tbe reilt~•; and alw ~ucb penonal pmptrty as ~na~ he ~pecifically described above or listed hereafter on attae6ed ezhibita TO HAVE AND TO HOLD the sasne, together ~vith the tenements, hereditament~ and sppurteaances t6ereunto belonging, and tht renes. iuues u~ pcofib t6ereof, anto the said biortgagre. ~ 'Ibe •aid bioctgagor 6ercby wveoana ~it6 the said titortgagte that t6t said Alortgagor is indefeasibly seizcd ~vith the absolute and fee ! urople tiNe to ~aid property~ and has full power and lawful authority to sell, conve~, tnmfer and mortgage the sunr, tLat it shall be lavcful ' at any tiroe hereafta for t6e biortgagee to peaceablp and quia(y enter upon, 6ar•e, 6otd aad enjoy said property. ~d everr part t6ereof; t6at ! ~aid proprrty is frte and dixhargcd from ~II liens~ encumbrances and claime of any tind~ including tazq and a~asment~, e:cept those t6at I may be set out above or hereinafter; that the I?Sor~gagor will makc at ~1or~gagor's e:pense and at no e:pense to Mortgagee euc6 ocher and fur- ~ ther suuranca to perfect the fce sin~ple title to ~aid land, ~iturp and personal property in tbe Mortgagee as ma~• 6ereafter be required; and ~ that the Mortgagor 6ereby fullr ~carrants uato the blortgagee the title to said property and ~aill defend t6e same against the lawful elaims and E demands of all penoas Khomsoecer. i ~ NOW~ THEREFORE, the conditions of t6is martgagt ate suc6 that if t6e Mortgago~ e6d1 well aad truly Qay uato tbe Mongagre t6t ~ indebtedneas evideoced b} tbat certain promis~orp rsote of ecen date 6ere~cith, made by t6e :~lortgagor and payable to the 111ortgagee in t6e ~ P~;~P.~ ot Thirteen Thousand Five Hundred & 00/100----~ 13, 500.00 tee f;o~~ pa~ment of ti~hich ie due on _M~~_.~~~7.~_______, togethcr Rith aoy aote or notes hereafter e=ecuted b~• the Mortgagor hercin b~ and in accordance ~sith paragraph siitcen of thie mortgage as hercinafter att fort6 and secured by t6e lien of t6i~ mortgage, together ! wit6 inttrest u therein statcd, and shaii periorm, comp;}• ccit6 and abide by eacb and er•ery t6e stipulation+, agrtements, tondition~ and eo~e- nants contained and set fort6 in ~his mortg~gc and in the promissorc aote secured hercb~, then this tnortgagt and the atate hereby treated ; shall cease and bt null and void. ; F AND, the Aiortgagor does hereby co~eaant and agrce: 1. To perform, compl~• «ith and abide by each and erery the ~tipulations, agrecments, conditions and covenants contained and set factA in ~aid promiswrq aote or aota, t6is mortgage and, if applicable. tbe ban agrccmcnt bee.~ccn the biortgagee aad I~longagor. Z. To pay the iadebtcdnesa secured bp t6is in~trument and according to tbe true tenor and effrct of t6e promis~ory note htreinabove mentioned or of an~ reoc~sat tDereof~ promptly on the day or day~ the sune sevenlly bccome due. 3. To pay, before becoming delinquent, all obligation~. eacumbrances, taza, usesaraents, pa~iog, sidewalk, •aniary sad ot6er a~as- ment~, levia or lien~, no~v or hercafter levied or imposed upon or sgainst the mortgaged property, aod to ez6ibit to tbt Itifortg:gte before suc6 - tazes, t~.ses~menta, liens and encumbrances become deliaqueat t6e of~cial receipts for paywent ehereof, and if t6e same or any part thereof be not paid bcfore becoming delinquent t6e Mongagee roay at anr time pay t6e aame wit6 aarucd interat and charga~ if anp. Ritbout wai~- ing or afEecting Mottgagee's option to foreclose this mortgage, or tny right Lereunder. and every pa~ment so made s6a11 bear interat from t6e date t6creof at t6e ~ate of ten pcr ceot (109b) pcr annum, and ~11 iuc6 payraenn .ric6 ioterat shall be saured br tLe lim 6ereof. ` 4. T6at if a conveyanre ~hould be made bs t6e Mortgagor of tfie premixa hereio dacribed or any part t6erar~f, without the written ` conaent of t6e Mortgagce and witl?out a»umption of thc obiigation, created 6ereunder, in regutar form of law b~ t6e grantte of t6e Mortgagor, ihen ¦~d in that event and at ~he aption ef the Mortgagce and wic6out nocice to t6e I?tort~[aRor, all sums of money secured 6ertbr sbal) im- mediatcly and rnncurrentty ~.it6 ~uch rnnveyance ba~ome due and pa~•able and in default w6ether or not t6e ~une are so due and parabte : and in defautt b~ t6e specific terms bertof. 6~~ ~ ~ ~ii.~i.i~ ~ - - ~ , , r _ ~ . . _ ~ - ~ _ <