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HomeMy WebLinkAbout0265 _ _ . . _ _ _ _ ~ - - - ~ ~ . ~ ~ _ x~= ~:~-,~-..~v-:,~ _ i~, . _ _ ~ - -:x~,-_ 1 _ _ s~ 0844~ _ 20'7611 ~ ~ortgagc TH1S MORTGAGB. e~cuted tbi~ 7~ .da7 eE _T~~ ~ 1fZl_ u Mlaml~ Fl.^L'ida b~, G$NERAL DEVELOPMENT CORPORATION, a Delaware corporation authorized to transact business in the State of Florida. of the lint pary ~ercinafter talled the Monga~, w6ics te.ho a wed hereia ia e~rery~ imaacs ~hsll ioclude tbe Mortaa~ors 6ars, e:auton. ~dmi~isera~on. succcs~on, Issal representati~p and a~i`as„ iacludiaj all suMequtat Q~satea, cithe~ ~oluntary br att ot t6e psrcin or in~olun- taryr by ope~atioo of law, aad ~6a11 deaote tse «nsulu aad/or plu~al. aad tAe muculiae snd/o~ femiaiac, ~ad aatu~al and/or arti~iad pet~ w~u~ wbeaeve~ wd rr6enve~ t6e tonten w ~equira or sdnub. to THIs FIRS1' NATlONAL BANI~ OF MIAMI. a aationsl baakias waia- cion„ oE t6e sa~ond pan. herei~~fte~ ealled thc Mon aQee, whics term as uscd bereia io c~cry in~tance ~bsll iaciude tbe Monpsee't ~uca~ wn IeQal npresenati~a and atii~a, Includin~ al~ subsequent ~i~nees. eicser ~oluatary by aa ot t6e pania or in~oluntary~ b~ opecatios ot law~ WITNBS88TH: T11AT (or di~•en good and valuable considerations, and also to xcure the payment o( the ag~reEate sum o[ money named in the prom- issory note o( e~•en date h~rewith, hereina(tcr mentioned, together with interest thercon. and all other sums of money secured hereby as herein- altcr pro~•idcd, thc I?lortgagor does qraot, bargain, seU, alien, remiu. release, com•ey and con(irm unto the Mortgagee. in tee simple, (A) the tolbwing land: Lots 6, 7, 8, 9 and 10, Block 139; RIVSR PARK, UNIT EIGHT, according to the plat therof, as recorded i~ Plat Book 14 Page 37, of the Public Records of St. Lucie~ County, Florida. / _ ~ p ~c ~ _ R~C.E!VED /v / IN PAYMEPR OF TAXES W STA~~ E a~ r- L~ R I D A D1E en cuss ~C ~rtTAlicIBlE PERSCIUI PttOPER1Y, V~ DOCUM~NTAp`! STAi~AP T~X P`, 'S;,ANT 10 CFiAPTER T072~, ACTS Of 1951. ~ Z\ _ - J ~ \ - APR1~'Ti - ~~c-~ roi~P,as, c~ a~~ c~~rt . . . . . - _ = ~ ~ ~ = ~ : ~ 6 7 9 5= ~ ~ent ~ot DAHIEL N. K!'IOWLES, 1R - • - ~ - . _ . V~ ' p?•r. r.F RErE~nc - • • S~ lucie C~owtp ¦/~~~y~~~~/~'~~~~ - . . _ _ . . , . . . . . pg. ~~ai , = T~c .........11. J~ By ~~c~c-~ ~~~cGt J Z uu~,uMr~vlA~_~ ~51'AM_~P TAjC ~ _ ~ ' APR U'Ti a ~ _ ~s~, = O U Page l, correcte~o~r~ead "due on October 7, 1971" , ^t/T.OF RfYE.~ 6 7 9 5? and re-record. PB'"Q"~ i B) All buildings, suuctures, and impro~•ements o( e~•ery nawre whatsoever now or hereafter situated on the said propertp, and aU (ixwra, machinery, equipme~t and personal property of every nature whatsoe~•er now or hereatter ovmed by t6e Mortgagor and located in, on, qr uced or int~nded to b~ us~d in connection with or with the operation of said property, buildinas, structura or other impwvements, induding all extensior?s, additions, impro~•cmcnts, betterments, rencwals and replacements to any o[ the (oregoing; and all of the right, title and interat of the Mortqagor in any :uch personal propert~ or fixtura subject to a conditional ules contnct, chattel mongage or similar Grn or claim together with the bcnetit of anr deposits or paymrnts now on c~reaftv made by the mortgagor or on ib behalf. ~ TogetLer wit6 ali and siu~ular t6e teaemena4 hercditunrnes. eue~oeaa and appunenanea ebenuoto be1~npn~. or ia anr w;se apper- tziaing, and t6e reata~ issue~ and pwfit~ thereof. and also all t6e atue. rigbt~ title. interat and all claims and demands wbatsoe~er. aa well i in Iaw u in equity. of wid Mo~agor In aad to tbe ~ame. and e~ery part and pucel thcrcof, aod also speci6cally but not by ~ay of limita- i tioo all p~ and tlectrit firtura, ndietorti Leaten. water pumps, ai~ conditioaia~ equipnmy maetinery~ boilers, ran~ ele~raton wd rmton. ; bath tub, sinln. wuer cloab. wuer ba~ia~ pipa, hucets, and ot6er plumbin~ aad heatin~ firtura~ maatels. refrigeratiag plana aad ice ~ bous. window suem~ sereen daon, ~metian blind~, aornica, storm shutten aad awniors. whicb are nov~ or mar hereafter pertain to or ! be uscd with. in or on said premiu~ e~en thou~6 t6e~ be detac6ed or detachable. are and s6a11 be deemed co be finura and acce~oria to ~ tLe freeLold and a part of tbe realq. ~ 'I~O HAVE AND TO NOLD tLe wne~ eoQet6er wic6 t6e tenements, hcrcditamenb aad appunmanca tLerounto belonQin~ and t~e ~ rcnn, issua and profin t6ereof~ unto t6e ~aid btortp~ee. ~ T6e ~aid Mo~a~or 6ereb~ oo~rnanb wit6 t6e wd Mortpsee thac tbe nid Mongagor is iadefeasibly seised .~rich the absolute and fce cimple title co said properqr~ aad 6as full powtr aod lawful aucboritp n sell. oon~ey. cransfer aod monQage t6e sune; ehat it shall be lawful u anr ~une hcaafter for the Mort~agce topeu eabl~ aod quietl~ enter upoo, havq bold and en~or ~aid pmperh. and e~err parc e6ereof; t6u ~ said property is fne and di~c6ar ed fran all lieos~ eucumbranca aod ela;ms of any 1nod, ioclud;ng ta:a and aa~e:sment~ ezcept tbwe thu ~ ma~ be set out abo~e or herein~cr; that tbe Mortp~or will mate at MortgaQors e:penu aad u ao e:pense to Mongaga such ocher aad fur- ther assuraaca to perfect t6e fee simple title to nid land. fi=tura aad personal propertr in t6e Mortgagce as may 6ereaRer be required; aud ~ t6u t6e Mo a~r 6etebr fullr warranu unto tbe Mortsa~ce the title to said pmperty and will defend t6e same aQaiast t6e lawful claims and ce demands o( al penon~ w6omsoener. ~ NOW. THEREFORE. ttie oondition~ of t6is mortQase an snc6 that if t6e Monga~or s6dl Rdl and eruy pay uato the MortsaQee the ~ indebtcdnas e~ideaced b~ tbu artaio promisary note of e~ea date hercwitb. made by tbe Mortga~or and parable to tLe Mongaga iu tLe ' prioeipal swn of NINETY THOUSAI~ID SIX HUDIDRED AAID NO/100---- 90~ 600_ 00---=~, ebe fioal ~ pa~~oent of wbich is due oc ~C~~eT=.:_~~ 1971 , together wit6 an~ nae or oota hereafter c:ecuted 6y the Mortgagor ~ oe , beraa by and in accordance wit6 pan~rap6 sirtcen of t6is movtgas aa 6ereinakcr set fort6 aad tecured by t6e lirn of tLis mortsa~e. toeetther a wich iaterat as [hercin staccd. and s6all perform. comp{y wit6 aad ahide by eac6 and e.ery t6e seipulanoro~ .sreemeoa~ coodicaas and co.o- nants coatained and sct fort6 io this mongslit snd in the promi~sory note seeured 6ereby. thm tbis noort~a~e aad tbe atate bcrebr ereated ~hall «ase aad be null aad ~ad. ' AND~ the Mortsa~r doa hereby mveos~ aad asra: ~ l. To perform. oanply wit6 aad abide br eacb ~ad e~ery t6e stipulations. aatttmcob, oonditions snd oo~caanb oootaincd and set forte ~ in said promiMOp ~ae or aota. thi~ eoort~sse wd~ if appGc~ble, t6e baa a~reaneat betwaa tbe Mon~atee aad Mon~asor. ~ 2. To par t6e indcbtedna~ ucured bY t6i~ in~truo~eot wd atcording eo t6e true teaot aod effcct of t6e pre~miporr note bereinabo~e ~ mcnciooed or of anr renewal t~ereof~ prompdr oo tbe dq or dar tbs ume ~neally become due. To pay. btforc becaoiag deGnquent~ all eblisatiao~, eatutnbrance~ ta:a. asaw?eots~ pavins. tidcwalk, ~aniary aod ot6er wesr ~ ment~, {eria or lieos, aow or 6treafter leritd or itnpaed upoo ot asainst the mortp`ed property. and to e~ibit to the Mort~agee befo~e ~ueh u:a. asesuncnts. lien~ and encumbraaca bccaae delinqueat tre official recapa tor paymeot t6ereof, and if tbe same or u?r part ~6ereof ~ bc not paid befo~e becomin~ dclinqurnt tbe MortRa~et mar u sn~ dml par the ssme wltA aarutd iaterest aad cbarea. if anr, witbout wair- inq or afEeceing Monga~ee'~ option to ioralae tbu aart~a~ or wr ri~6t 6e~eunder. ~nd tverr payraent w made sh~ll bear interat fran t6e ~ dau ~bcreof at t6e rate of teo pcr cent (f09(r) per amum. aod all ~ncb parmeaa witb iutcrat ~hall be secured b~ t6e 4m bereof. ~ 4. That if a conreraace abould be msde b~ tbe Mortpsor of tbe premi~es hs:ein dacribed or aar part t~era~f~ witbout t6e writtea conxnc of the Mort~agee and without auumptiea of tbe obli atioo, trrated Sereunde~~ in reQular form of law br che Qrantee of the llfort~a~or~ ao rhea •nd in that e~rnt and u tbe optioo of cbt Mortp~ce an witMut oaice to tbe MortRaRor, all ~um~ of rnoner sccured 6erebr ~all im- mediaulr ~nd concurrmtlr v?itb ~uc6 con~eruxe beoorne due and pafablt and ia dcf~ult w6et6a or aot tbe iarae ~re a dus and p~rable u~d in default b~ t6e ~occifie tenn~ Sereof. ~ ~ ~ aooK~sz b~~~ 191 204? - _ _ - r4>_: _ ~ ^i z . *wb.:`s.. r_.._ ~ ~ 4,a ~~;~?~~rs~~