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HomeMy WebLinkAbout1570 TO HAVE AND TO HOID the said ptoperty, with said buildings, imp~ovements, fixtur~s, appu~ten- ances, appar~tus and equipment, and with all the ~~ghts and p?ivileQus tF.ereunto b~longin~ u~to said rwrt- gagee forever, for tha uses herein set forth, f~ee f~om all rights and benefits under the homestead, sxemp- tion and valuat~on laws of any :tate, which said ~ights and benefits said Mo~tgagor does he~~by relea:e and waive. TO SECtIRE (1) the payment of a note executed by the MoNgagor to the order of the Mortgagee beari~ even date herewith in the principal sum of _Thi_rty_Nine_ Thousand_and No/100----------------- ~~ars 3s,n00.00 N,hich note, together with interest tF~ereon es the~ein provided, is payable in monthly installment: of .__;lV~~ H~Qdred fourteen and_19/100 ~~~a~ (E . ~14.1~ - commencing the__ lOth--- day of ------October ; 14_Zl--. ~ t which psyments are to be applied, first, to interest, and the balance to principal, until said indebtedness is paid in full. ' ; ~ (2) any advances made by the Mortgagte to the Mortgagor, or his successor in title, for any purpose, T at any time before the release and cancellation of this mortgage, but at np time shall this mo~tgaga secure ~ advances on account of said original note together with such additional advances in a sum in excess of ' Thirty Nine Thousand and No/100--------------------------------'-" Oollars __~~,OOG.00_ ~ovided that nothing herein tontained shall be mnsider~d as limiting the ~ amounts that shall be secured hereby when adva~ced to protect the security or in atcordarxe with coven- ~ a~ts contained in the Mortgage. ~ (3) all of the covenants and obligations of the Mortgagor to the Mo~tgagee, as contained in a supple- ~ mentat agreement dated, executed and delive~ed concurre~tly herewith and reference is hereby made to said note and supplemental agreement for the full terms and conditions thereof, and the same are hereby ~ incorporated herein as fully as if w~itten out verbatim t-,rrein, and recwded pursuant to 695.Q2, Florida Statutes, in Official Record Book l_38_, pages 1_!~' ~ j~f the pubiic records of St Luc i e_ Coun t*lorida. In this instrument !he singular shall include the plural and the masculine shal! include the feminine and neuter. All rights and obligations under this mortgaga shall extend to and be binding upon the respective heirs, executors, administratars, successors and assigns of the Mwrtgagor and Mo~tgagee. IN WITNESS WHEREOF, we have hereunto set our hands and seals, ihis _____i!~~_________ day of _ _ _ - - - -June - A. D. 19_ 71_ :~~~~e~,~~~ ~G~ F~Q ; Signed, sealed and delivered GENERAL DEVELOPMENT CORPORATI~~~*?~~ i~: ~ , in the presence of: ^ ' - - _ . - , _ _ Qd _ ~ i . _ _ - - - ~~.`ri` f - - ~ _ ~ • ~`a V . V o - _ BY= ss i an i c _ `~1• - - - - - - - - .-~(SE~1k~y ; - - - - - - - - " `~--1-~ _c---- (SEItI) : - ATTEST~-- t~g T ~ - - - - - - - - - - - - (SEAI) (WITNESSES) (MORTGAGOR) v ~ - _ : ~ . ~ STATE OF FLORIDA CQUNTY OF ST. LUCIE ~ - ! HEREBY CERT t FY ; hat on th i s 24th day of June , A. D. ~ 19 71 . : bFfore me personally appeared Charles J. Clark, Jr. an~ W. C. Bevan~ Jr. , ~ ~ resFectively Assistant Vice President and Mortgave Officer ~~~HS~of _ General Development Corporation , a Delaware Corporation, to me kr.own to be the persons described in and who executed the foregoing instrument~ and seve~ally ; acknowledged the execution thereof to be their free act and deed as such officers ;o~_thC ~1Ses , and purposes therein mentioned, and that they affixed thereto the official seal 9f,.~~4~~M,:; f~ ~ ~~SSi?~~r ~ , corporation, and the said instrument is the act and deed of said corporat' ~ IfITNE55 my hand and official seal at M~~i . said o nty `~~sl~~e. r?. FsL=D t'+'''?ECJ~OEO ~ ~ V ' _ _ , ~t • - r,_,UNTY fl~ _ ~ ` s~ kOr:r r:. ?:.GS _ . ; CIER~ G~rC±':i :.C~J T _ ' pc r^RO VERIf 1~ v , ~R ~g3_ ~5G8 ~~Q ~ N~ary Publ ic, In and for a end ty af esaid 0 3 52 PM ~ 1 NOTARI~ BUi'. S'~i~ r:~^~;1A UR6E ~ R 193 ~.56'~"',, ~y ; 3 ~ ~ ~ ~ py y Commission Expires: DOr~M1 211416 ~OMD~ TNAJ:IVM i%.ED :::Z3TSLMOTfT