HomeMy WebLinkAbout1144 ~
~niG- V
~ 70
~ ~ortgagt 2~90~3
THIS MOR'IY'sAG$ cucuted tW~ 29th d.y o~ April , i~Z~ ae Miami. Florida
_ by GENFRAL DEVELOPMENT CbRPORATIQN_~ a npl amarP~, cor~ nratinn
to transact busines in the State ef F1Qri da
esu a.iivi i~cu
of the fint pan. heninaftet called the Mo~ajo~. wWcs term a used Aenin ia ereqr ieaunee ~I?ali iocluds t6e Mort~a~o~'~ 6e~n, e:auton.
adminisuaton. succeawn, (e~al «prestntativa and a~itm, iacludia~ all suMequtat ~raatta. tit6er ~oluntary by ~tt of tAe pattia or involun-
t~~r by operatiou oE law, ~ad ~Lall deoote c6e dn~ulu and/or plur aad che ma~euliae and/or ianiaiae~ aad aatu~ai aed/o~ arti~idal peN
Wflf~ NbqltYt~ lOd +r6ue~e~ the contest ~o nquira or admin, to TH~ FIRST NATIONAL BANK OF MIAMI~ a natioad baakiat a~socia-
tion~ of ehe secood put. berein~fcer e~lled the Mort~a~ee. w6ic6 te?m a~ uscd hereia ia e~ery in~tanee shall iaclude thc Mortsa~ce'~ suae?
wn, legal rep~aeatatira and aai~», includina all ~ub~equc~t a~iaoees, eitbet roluntarr by aa of tbe partia or iovoluntary by opcratiao
of law,
WITNBSSSTH:
THAT (or di~•en good and ~•aluable considerations, and a~o to ucure the payment ot the a~rcgate sum o( money named in the prom-
issory note o( e~•en date hcreN•ith, herrina[tcr ~nentioned, together with inter~st thercon, and all otAer sucns of money secured he~eby as here~n-
after pro~•ided, thc tilortgagor does ¢rant, bareain, sell, alien, reoiise. releau, com•ey and contirm unto the Mort6aaee. in fee simple,
(A) the folbwing laad:
Lots 5 and 7, Block 273, PORT ST. LUCIE, SECTION THREE, according
to the Plat thereof, as recorded in P1at Book 12, Page 13A, of
the Public Records of St. Lucie County, Florida.
~ ~~o : .S o ya ~ M~
Thts Instrc~:.:r: FY~s Pr~pared tK!E Oll Ct/lSS ~C' IIITAr6ql~ ~
. ~j•- :Z. ..":t ~or r~:~ Co_:r.,el r?•~`Ii ~0 p1ApTER p ~
~ ' - ~1lll.
c t:.:'~_: LCi ~v: •r.Gii ~ L.r.i.t~t7~1~1~P~ ~~~i~~ ~~'r~Y ~i~
j~ 1~ 3~ys~~o:s ~r.. i.Si~,i~i. fla.' 33131 ~ Ollf~
: ~ S -rL:-1 ~ _ ~ ~ c ~ i; i ~i sc i4
~t t~ oaniE~ tt ~ ~t
c ~ [ ~~CvI+:FiJTA='_v_ ~=i/:~ T~X lku:lp Ti~I Cql~
~ = n~ri:~ii 3 7 8 0= ey c
~ o~,~. - ` ~un a~ec
1-:t~_:wi~~ _?~v_ _ ~
~~.:~G
B) All buildinga, structures, and improvements of ecery nature whatsoe~•er now on c~reafter situated on the said property, and all fixwra,
machinen, equipment and personal proprrty of e~~ery nature whatsoever now or herea(ter owned by the Mortsagar and located in, on, or
used or int~nded to be used i~ connection with or with the operapon o( said property, buildings, swctura or other impro~•cmrnu, induding
all extmsions, additions. impro~•ements, betterm~nu, renewals and replacemcnu to any ot the (orcgaing; and all of the right, title and interest
of the ~iortgagor in any such personal propcrty or fixtures subject to a conditional sales contnct, chattel mortaage or similar 6e~ or daim
' together with the benefit of any deposits or payments now or hereafter made by the mortgagor or on its be6alf.
To~ether witL all aad sinsulu t6e tenement~ hereditamentr. easemmb and appunenanea tbtceonoo be~~ nL or in aar wiae apper-
caining, and tLe r~na~ iaue~ and profia tLsreof~ and also all the atate. rig6~ title, ~aterat aod all claims and dtmands wLanoe~er. u~•ell
in law u in equity. of said Mortsagor in and ~o t6e ~amq ~nd r~ee~ pact and parcel t6ereof. and al~o spai~ically but oot by way of limita-
doo all ~r aud elatric firtura, radiawrt~ 6taten, ~sater pumps, air wnditioaos equipmmy mae6ineqr~ balers, ~anges~ cleraton and motors.
bath tnb~. sink~. wuer eloats. wuer bs~iw~ pipa. huctb. and otLer plumbing and 6eatin~ firtura. mantels~ refrigeratiog pland aad iee
~ bozes~ wiadow serca». ~treen doonr ~e~etiaa blind~, aoraica. stortn shutten aad awaiogs. which are now or ma~ heraEter pertaia to or
! be used wit~ in or oa uid premi~es, erm tLou~6 the~ be detaeLed or detachablq are and shall be deemed ro be fiuures aad aaeswria to
~ che freebold aad a put of ~he realq.
i
; '1~0 HAVE AND TO HOLD the wne. to~et6et witb tbe trnemenn, henditamenb aed appurteaanca tbereunto bebngin& and t6e
~ reats, i»ua aad profiu tLtteof, unto the ~aid bbrt~agte.
~
~ 'Tde ~aid 1ulortsa~r 6ereb~ oo~enants vsit6 tLt said Mortgagee that the said Mortgagor is iadefeasibly xized ~.ith t6e absolute and fee f
rimple title to ~aid propett~. and 6is full povrer aod lawful authoriq t~ sell, oon~ey, tran~fer and mortgage the »me; t6at it s6a11 be Iawful
u~ny ame hereafte~ for t6e Mon~ee tope
ueabl7 and quialy mter upon. 6ave, bold aod enjo~ uid propertj~ and e~ery part c6ereof; that
~aid ptoperry is free and di~cbarscd fraa all lieos~ eocwnbranca and claims of any Iciod. iacludiag ta:a and asxasmeot~ ezcept tLwe t6u ' ~
ma~ be ~et out abore or 6sceinaftcr; t6at tbe Mortgagor will mate st MortgaQo~s e:pente aad at ao e:pense to I?lortQagee ~ucL otber aod fur-
ther muranca to perfect tLe fee simple title to ~aid laad. S=tura and penonal properq in the Mortgagce as may 6ereafter be required; aod ~
c6at cLe 1io~t~a~nr berebr fu11T wartaou nnto tbe Moct~aste t6e title to said properti aud sriq defead t6e same against the lawful el~ims and
damaod~ of all penon~ w6omsoe~er. -
NOW. THEREFORE. tbe oondi6e~ of tLis mortQa~e are anch chat if t6e Moctga~ur s6a11 weU and trul~ psY uato t6e Mort`aagce tDe
iadebtedoea e~idenced br t6u certain promissory note of ereo dste 6erewit6. msde by cbe Mon~a~o~ aad pa~able to the Mongagee in tLe
P~;~;p,~ ~ ZiaENTY FIVE THOUSAND ZieTO IiLJNDRED AND 00/100~~ 25, 200.00 che finsl
pay~nrnt of wluc6 is due on OCt~bPr 2~ 1971 , together ~sith an7 note or oota 6ereafter ezauted by the Mortgagor ;
6ereia by and in accordance wit6 paragrap6 sirtccn of t6ia mortgage aa 6ereinaher set fort6 aod secured by t6e lien of t6it mortgs~e. toget6er t
.sit6 interest u t6crein statcd, and a6a11 perfomy complp vsith snd abide by each and rvery t6e atipulationr~ a~reements, couditioas and oo~o-
nann rnatained aad set fort6 in t6is mortgil[e snd ia the pranissory uote secured 6ereby~ tben t6is mort~a~e aod tLe e~tate hereby created
~ ehall ceast aad bt null and ~oid.
~
~ AND~ cre Morc~a~o~ doa I~ereby oovenaac aad s~ra:
~ 1. To perforra, oompl~ ~.ie6 and abide b~ ese6 aad t~ery t6e stipulations, aQreuatots. oondiriora and co~enanq oootaiaed snd set forc~
~ in ~aid promisar7 oote or aota, c6is mort~a~e and, if sppliuble~ t6e ban agreanent betwcrn eLe Mongagee aad biort~agor.
~ 2. Topa
r che indebeednas serured by chis io~trument and ~ecording to t6e true teiwr and effect of t6e promiswry nae bereinabo~e
~ mrntioocd or of an~ rmcwd thercof~ promptly on t6e dar or days t4e sarne se~erall~ bcoome due.
~ 9. To par. befoce becaning delinqueny all ob6Qadoo~. ea~vmbranca~ tssa. as~a~mma. pa~io6, sidewalk~ saaitar~ and otber ~aea-
meot~ le~ia or lieos, aow or 6ereafter It~ied or impaed upon or apiaat tbe mon~a~ed property~ and to e~ibit to the MortQagee before sucb
~ ta:a, masmeab, lien~ and encumbranca brcane delinqueat the offitial receips for psy~eat t6sreof, and if t6e same or u?~ part t6ereof
br not paid 6efore becomiog dtlinqucot tbt Mort6aQee mar ~t anr tim! pa~ tbe ~unt witb setrutd interat and cbarees. iE aar. witbout wai~-
~ ing or affecting MortgaQee's option to foralose t6i~ mort6a~e, or aur ri~c bereunder. and erery payment ~o made s6a11 bear interat frora the
~ dace c6ereof ~t tbe rate of ten per eent (1096) per ~nnmq and all ~nc6 parmeoa witb interat ~hall be secured br tbe liea 6ereof.
~ 4. 'Ibat if a coaveyance sbould be made b~ t6e Mort~agor of t6e premi~a bercie deacdbcd or any part therer~f. wit6out ehe written
conscnt of t6e Mortgagee and without as~umptioo of t6e obligatioo, er~ated 6creuader. in rcaular forn~ of law br t6e granta of the Mortgago~~
chca ~nd in thac crent ~nd at t6e optioo of tbe Mort~ata and witM~ut aotice eo the MortRSgor, all surw of moncr secured herebr ~all im-
- mediately and ooneurrtntly wit6 suc6 con~eyance beooine dut aad pa~sble and ia default whetber or oot t6e sune ace a due and pay~ble ;
and in default b~ tbe ~peeific ter~ 6e~eof. _
~ ~d~
~ ~
. _
, c ` _ ~ ~ ~
'~x2"~~ ; I
~ 3~.rw~ a -
:
, . _ w ~ _ _ . . .