HomeMy WebLinkAbout0419 f
t
~p1 ~
500441
2.3
8/22/80
MORTGAGB AND SBCURITY AGREEMENT ~4~;--~
nn
~ ~im~
THIS MORTGAGE, made this Z~' _ day of August, 1980, ~ m~?~~
between DILL TOP DEVELOPERS, INC., a California corporation s
whose address is 431 East Central Boulevard, Orlando,
Florida 32801 ("Mortgagor") and CONTINENTAL ILLINOIS ~ t r,
NATIONAL BANR AND TRUST COMPANY OF CHICAGO ~ a national bank 1i
whose address is 231 South LaSalle Street, Chicago, Illinois r:.~~l--
60693 ("Mortgagee"). o
. Q
~ J' r t
W I T N E S S E T H~
o
1 x:
w WHEREAS, Mortgagor is indebted to Mortgagee in the
- N principal sum of SIX MILLION NINETY THOUSAND AND 00/100.
° DOLLARS-($6,090,000.00), together with interest thereon, as ti 1'•?ir
~ evidenced by that certain promissory note (the "Note'.1 of S 1~
- even date herewith, executed by Mortgagor and delivered to '`"'`~~a ~i
~ ~ Mortga ee, the final payment of which is due on or before `
tO the ~ da of ~ 1982, which Note b reference is ~ ~ k
~ ~ o made a_ art hereo to a same extent as though set out in
p
w full herein; o
x ° 3 :T? {
o ~T___~
p ~o NOW, THEREFORE, to secure the performance and observance i o 1 __?`r
~ o ~ by Mortgagor of all covenants and conditions in the Note and ! o
~ in this Mortgage and in all other .instruments securing the ;,_~r,_.,..
w a.o Note, and in order to charge the properties, interests and
rights hereinafter described with such payment, performance ....-....t1~
and observance, and for and in consideration of the sum of ,,,a~ ,~.:,4
a
One and No/100 Dollar ($1.00) paid by Mortgagee to Mortgagor, '
this date, and -for other valuable considerations, the i 3 16 o I
receipt of which is acknowledged; Mortgagor does hereby
' grant, bargain, sell, alien, remise, release, convey, -,GPI
assign, transfer, mortgage, hypothecate, pledge, deliver, ~`.i~
rift
set over, warrant and confirm unto Mortgagee, its successors - ~,_.,3
and assigns forever : = ~ ~
r.y .I
I ~ ~
_ `iz'
<
I
E THE MORTGAGED PROPERTY
Everything referred to in paragraphs (A) , (B) , (C) , co ~ v; '
(D), (E), and (F) herein and any additional property _here- o j:=!
after acquired by Mortgagor and subject to the lien of this o
~ mortgage or .intended to be so is herein .referred to as the o
~ "Mortgaged Property." ~ o ~ .
~y \ (A) THE LAND. All the land located in the County of
l St. Lucie, State of Florida (the "Land") , described in
Exhibit "A" attached hereto and made apart hereof;
(b) THE IMPROVEMENTS. TOGETHER WITH. all buildings,
structures and improvements of every nature whatsoever now
or hereafter situated on the Land, and all fixtures, ma-
chinery, appliances, equipment, furniture, and personal
r property of every nature whatsoever now or hereafter owned
by Mortgagor and located in or on, or attached to, or used
or intended to be used in connection with or with the
operation of, the Land, buildings, structures or other
improvements, or in connection with any construction being
THIS. INSTRUMENT PREPARED BY : J~I~
THOMAS C . COBS, ESQUIRE Hp`"'N/1° s N ~x Of 7~MS
MAHONEY HADLOW & ADAMS Due On Class "C' ar~f~s~lsllrilw~¦1l~Ms/wl~ '
14 01 AmeriFirst Building huwsnt To ChsOar 7i,1l~ AMA 1Af.
One Southeast Third Avenue Iq~l~A~
Miami, Florida 33131 pMtCb+altp~,sK«d,/k
gOp P116E ~
MAHONEr HADLDW 6 ADAMS, P A, 1401 /IIMERIFIRST BUILDING, MIAMI, FLORIDA 33131 • TEL. (305) 356-5550 }
`111
.