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HomeMy WebLinkAbout0101~~ - BOOK ~~ ! ~4~ - Sr. ~~~~E ~~T.~, ~~~.. ' DO AN . ~t • Mortgage -Deed -Florida - ~m alter Corporation THIS between I 8 `~" _ day of _.. A.D. 19 ~i 0 . n.~....cyt - .. of ---- -~ -- ----------- Couaq, Florida, bereinafeet celled Mortgagor, and JIM WALTER CORPORATION, a Florida oorpocatioa, 'Tampa, Florida, hereinafter txlkd Mortgagee. WITNIsSSETH: That Mortgagor, is consideration of the mutual covenants and conditions contained and of ocher valuable con- sidencioa delivered by clx Mortgagee co the Morlgagor, receipt whereof is hereby acknowledged, does hereby gant, bargain, sell, assign, transfer, convey and confirm unto Mortgagee the properly situate in __~~--~.L---------------~_-- - ----_ . County, desCi'tltd as: Legalt Lod 10 of Block 2 of Prosperity Park, a Subdivision according to the plat ihereoi On lil@ in t.ilt~ V~l1Gd Vi ti is v ciZ'ii vi a..~:^. ~.~ C"i± rny~+t O~ •~'~ LuCi_sa County, Florida. Book X112 Page X198 Mot bxes dw R«xh-ed =--~-~~ in PaY~ on Class "C" In'ang~We Personal Property purwant to ~p1ef 20724, laws of Florida, Acts of 1941. Tjx ColNttor, St lucN ~"sl, n~„t~a ~O ~A~ENtARYORIS rAE. ,~1XE0 O ~p,~~CEE~-~ Mp~E ~ TOGETHER WITH all and singular the whys, easements, riparian and ocher rights, and all tenements, hercditamencs and ap- purtenances thereunto belonging or in anywise appertaining, and all buildings, scnlctura and other improvemrnu now on said land or chat hereafter may be erected or placed thereon, and all filctuta attached thereto and all tenor, income, issues and profits atxtuing and co accrue therefrom. TO HAVE AND TO HOLD the above described property unto the Marlgagee, its suaessoes and assigns. The Moagagor ilere'vy to:~c~,;u,.a wick t ;c '.o:c~..a.~ tl>:t the Mortgagor is lawfully seized of the fte aimpk [isle co the above described property and has full power and authority co grant, bargain, sell and morlgage the same ro the Mortgt/aee; that said prop- erty is free and discharged froth all liens, encumbrances and claims of every triad, including razes and assessments; chat said Mort- gagor, his heirs, legal represencacives and successors, shall warrant and defend the tide ro said property unro cbe Mortgagee against the lawtul claims and demands of all persons whomsoever, sad will make such furlher assurances co perfect the fee simple title to said property in the Mortgagee as may be reasonably required. PROVIDED ALWAYS, and clxse pre~ala are upon these ezpress conditions, chat if Mortgagor shall promptly pay co Mortgagee one certain promissory voce, tven dace herewith, made by Mortgagor ro Mortgagee !n ctle principal aawunt of ~/p . ~, _ -----a~----:------------------ Pauable in monthly inscallmmes of =------~i~.:.----------------- each, the last inscaWnent being due and payable oal~---.r------_~ 19-{-~f--_ ,and until fttll payaxnt thereof, of any ezcensions or rrnewals thereof, in whole or in pare, payment o ocher indebtedness or liability that may became due or owing hereunder and secured hereby, shall faith- fully and promptly comply with and perform each and every other eovetsant provision herein cxl the part of Morlgagor to be com- plied with and performed, thrn these presence shall be void The Mortgagor further covenants and ogees with cbe Mortgagee as follows: To pay the indebtedness recited in and evidenced by said none and any ezcensioas or renewals thereof, and all ocher indebtedness or liability hereby secured, however created ac cwidenced; co pay all caza, assessments, levies, liens and encumbrances of every kind and nature on said property and e4on this mortgage and note and the monies secured hereby promptly when due and before de• linqueney thereof; co pay all costs aced ezpeases incurred or paid by the Mortgagee in oolleccing the indebtedness hereby secured or in cnforung 4r prtxecting the rights and security of the Mortgagee hereunder, including reasonable attorney's fee if placed in the hands of an si~comry, whether collected by foredasure ac otherwise; co keep all bui.dings and scructura now or hereafter erected upon the mortgaged Premises, constantly lasured in so amottnc hoc less than the principal amount of the note aforesaid against All loss or damage by fire, windsrorm or tornado and water damage, as may be required by the Mortgagee, std in a company or com- panies aaeptable co said Morlgagce. All said policies and renewals thereof shall contain standard mortgagee clauses with or without full concrbucion as the Morlgagee shall require, and is such form as shall be sacisfacooty to the Mortgagee b'y which aq loss or damage under said pdicies shall be payable to the Morlgagee as is interest may appear. it is further covenanted chat the Mortgagee may advance monies that should have been paid by Mortgagor hereunder in order ~ :o Y.o.,.,-t .~~a ~~nrY ~x the lien oc security hereof. sad MortitABor agtt~es wftilout deatatsa to tozmevitn repay such monies, witicn ~ amount shall bear interest from the date w advanced emtil paid ac the race of siz (6%) per o-nc Pa annum sad shall be considered as ao much addidoaal iadebtzdnaa secured hereby: bar no payment bq the )![oet8sigee of nay such matzies shall be deemed a waiver of the l`dorlgagee s right to det9are the principal wm due banundet by reason of the default a violation of Mortgagor in any of his covenants hereunder. The Mortgagor further covettana to keep said property and the buildings now looted checeon oc hereafter ro be erected thereon la repair and ro permit, commit or suffer ao waste, impairment a: dccerioruiaa thereof, and to comply saiccly with all laws and governmenal regulations and risks affecting szid property tx it: opa~acion. Ic is further coveas.aced and made the essence hereof chat in tax of defaults for thirty days in the payment of any stems of money to be paid hereunder b1 the Mortgagor or in the performance of atsy of ctse covenants herein oa the pace of else Mortgagor ro be performed, then it shall be opdoeW with the Morlgagee m ooosider all tsomacured indebtedness or liability secured hereby, ircluding arty addiciotial sums hereunder advanced and :anted hereby and nay interest due thereon, as immediately due and payable. without demand and wrichoac notice or dedatacion of said option, and the Mortgagee shall have the right forthwith co institute proceedings co enforce the colkccioo of all monies secured hereby indudicta the tight co foralaae else lien hereof. RE i URN T0: 1`M 1NALTER CORP. P. 0. BOX 9128 TAMPA 4, FlA J l ~~ ..aY~e-•~~4~~9[:-~"fr,*l,F-s~-3~F?'.~.T.~"rps~p*~'r *~_. -~sn; r*t- --.. ,~ - --