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r~ae xoR~mwa$ n~, maa~ .aa .~cea me.~.r-a.~ ot_ ~arch 19 76
by G.G S CORPORATION, a Florida corporation
hereinatter called the Mortgagor. which term ahall include tt.e heirs, lega! representattves, succeesora and assign~
ot the aald Mortgagor wherevar the context ao requires or acimits,
~.,_..~JTNSTN,,,BEACH BANKI..,a.,_Florida,,,banking_ corpo~~t;iQr}__..M,_,_,_..,,_.,.._,.,,_.,,,__
besein~fter called the Mortgagee, which term ahall include the heira, legal tepreaentatlves, ~uccesaors and asslgus
of the aeld Mortgsgee wherever the context so requires oe admits.
W1TNE33ETH: That for dlvera good and valuable conslderatlon~, and aL~o in con+ideratton of the aggre-
gate suna named in tha promi~sory note o! even date henwith herelnatter described. the aaid Mortgagor doea
hereby graa~ bargain, sell, alien. temise, releaae, convey and contirm unto the aaid Mortgagee, h1s hefts. succla~ars
and aasigns~ all the certain piece..... parcet... or tracG.._ of land. af which ttie aald 1ldort~agor b now selzed and
~ posse~.sed and tn actual posse~lan, situate in the County o!_....~.~...._~11.G~@.___.and 3tste of Florida~ deacrlbed
as follows:
As described in Txhibit A attached hereto and made a part hereof.
Special provisions set forth in Txhibit B which is attached
hereto and made a part hereof.
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. ~`o This Ins!r,~:;,~n# p ~F~,ed by
- JOk~: r. .=~cEb`J1:- . ^C~~Y
~ P.O. D~.:•,:~~; 0:;;;:,.~: 8ldg.
, Stuart, ~tor~4~ 3~~34
It is turthe~ :+~reed hetween ihe parties to this mortgaAe that, in additeon to the term~ and conditions
set out herein, if a conveyance should be made by the Mortgagor of tfie premises herein desctibed, or any
part thereof, without &rst obtaining both the written consent of the Jensen Beach Bank, and an assumption of -
this obli~ation, in writinR, by the new proposeci Grantee, then, and in that event, at the option o[ the Jeneen
Fieach Bank, without notice, all sums of money sec~red hereby ahall, immediately and concurrently with such
conveyance, become due and ~k~yab{e and said Note and Mortgage shall be in detault. ,
. TO HAVE AND TO HOLD the sart~e, together wlth all and ainguler the tenementa, hereditament• and ap~
purtenances thenunto belonging or in anya?ise appertalning and thr reversion and reversioas. remainder and
remainders, rent~, issuea end profiU thereof and also sU ths eatate, rlght, L1Ue, interes~ property, posaeasion.
E claim and demand whataoever as well ln lsw ae in equity of the sald Mortgagor la and to Lhe same iwd every part
` and parcel thereot unto the aaid Mortgagee. snd his heirs, ettcceaaors and assigt~s„ in fee elmple.
~ And said Mortgagor, tor himaelf, aad hie helrs, legal repreaentativ~,e, succwora and asaign~, herebp covea-
ants with said Mortgagee, hie heirs, tegal npreaentative~, succeaaora aad assigns, that said Mortgagor !r inde-
i
j feasibly aeiud of aaid land in fee simple; that the aaid Mortgagor has tull power and lawful rlght to convey Ws ,
~ame in tee eimple as atoreaaid: that lt ahaD be lawful tor aaid Mort6sgee„ hls heirs, legal representativea, suo-
cessor~ and assign~, at all timea peaceably and quietly to enter upon, holc~ occupy and en~oy asid land and ever~
part Lhereof; that aaid land 1s free trom all incumbrances; ~fiat iaid Mortgagor, hi~ helrs, legal repceaentaUve~.
~
succeasoro and assign~, will make auch further a~surancea to periect the tee simple tiUe to sald tand tn safd
: Mortgagee, his heirs, legal representativea, ~uccessora end aastgne. es may reaaonablp be required; and that aatd
Mortgagor dae~ hereby fully warrant the t1Ue to sald lAnd and every part thereo! and aW detend the ssase sgsSnst
' ihe Inv?~teil claim~ of all person~ whom~oever.
PROVIT)ED ALWAY3, That It aafd Mortgagor shali pay unto the aaid Hortgages the certdn promissor~
' note, ot which tre toUowfng la words and figures Is a true copy, to-wit:
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~ STATE ~F FLQRIG~ ~
h? DOCUMFN3AR`!~ S T A M P T A X ~
~ DfPT.OF RfYEiIUf !a~`}'~ `
-~c' ~ P.O.'~ Mru2i5'T'S{~`~;."*J~~.
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