The URL can be used to link to this page

Home My WebLink About2334°QRa 52 `~~~7G ..-,''~ Mortgage Deecrr -Florida ~ ~4G,~~ -t . SST, LUC-E C;,UNT`'. Fi.A. -- Jim Wa (ter ~orpor'ation ~~ THIS INDENTURE, Made this . .. .. ~ .. day of -.... Dbr- . . - _ . -- . . , A.D. 19 ~ between .._-----Y~!!ra-•---2~rgsret-Arnold----~a-_°1!~gle no~wrl).- -- - - - -------- -- ---------- - -- - --- - -- ------- - -- -- - - . _ -- - of -...-.._~~_ Li.Cin _ -. County, Florida, hereinafter called Mortgagor, and )Iht WALTER CORPORATION, y - - - - --- --------------- - - ---- a Florida corporation, Tampa,da,tttereinafter called Mortgagee, WITNESSETH: That M rb rgagor in consideration of the mutual covenants and conditions contained and of other valuable con- sideration delivered by the Mortgagee to the Mortgagor, receipt whereof is hetcby acknowledged, dots hereby grant, bugain, sell, g 8n P Perry St. Luoie ... Coon . assign, transfu, convey and confirm unto Mcrt a the ro situate in -_-----_---------------- ----------- - --- --- -- - - --- ry~ described as: Lot. ~7, Qwaatxall ~bdiviaion, gloak 3, as recorded in public Records of St. Lucie Cov~nty, Florida. ~~ue ~; o` taxes 3~'~~~ .n\ ,o P 1..~ ;. pt~ ` '?' ~ :.'~ Ol .ate ~ it-~-`~ ~ ~,:, ,~, ~.•;. ~"~ ~ 9.ao ;~~- <i . ~ . TGGETHER WITH all and singular the ways, easemrnts, riparian and ether rights, and all tenements, hereditaments and ap• purtenances thereunto belonging or in anywise appertaining, and all buildings, structures and other improvements now on said land or chat hereafter may be erected or placed thereon, and all fixtures attached thereto and all rents, income, issues and profits accruing and co accrue ctlerefrom. TO HAVE AND TO HOLD the above described property unto the Mortgagee, its successors and assigns. The Mortgagor hereby covenants with the Mortgagee that the Mortgagor is lawfully xized of the fee simple citlc to the above described property and hu full power and authority to grant, ba:bain, sell and mortgage the same to the Mortgagee; chat said prop- erty is free and discharged from all liens, encumbrances and claims of every kind, including cases and assessments; chat said Mort- gagor, his heirs, legal representatives and successors, shall warrant and defend the title co said property unto the Mortgagee against the lawful claims and demands of all persons whomsoever, and will make such further assurances ro perfect the fee simple title to said property in the Mortgagee as may be reasonabiy requited. PROVIDED ALWAYS, and these pre~trts ue upon chex express conditions, chat if Mortgagor shall promptly paq co Mortgagee one certain promissory cote, even date herewith, made bq Mortgagor to Mortgagee in the prinnpal amount of • 6 .80_ .................. each, the last installment being due and _ 918'2~--------------------------- payable in monthly rnstallmenrs of ;---.-..~ -- -- payable on ___-1~_ J837RiA~_y'___--________________ 19-7~----, and until full payment chueof, or any extensions or renewals chercof, in whole or in part, and payment of all other indebtedness or liability that may become due of owing hereunder and secured hereby, shall faith- fully and promptly comply with and perform each and every ocher covenant provision herein on tht part of Mortgagor to be com- plied v~ith and performed, then thex ptesenu shall be void. The Mortgagor further covenants and agrees with the Mortgagee u follows: To pay the indebtedness recited in and evidenced bq said note and any extensions or renewals thereof, end all other indebtedness or liability; hereby secured, however created or evidenced; to paq all faxes, assessments, levies, liens and encumbrances of every kind and nature on said property srd upon this mortgage and note and the monies secured hereby promptly when due and, before de- linquency thereof; co pay all costs and expenses incurred or paid by the Mortgagee in collecting the indebtedness hereby secured or in enforcing or protecting the rights and security of the Mortgagee hereunder, including reasonable sttorney's fee if placed in the hands of an aaotneq, whether collected by foreclosure or otherwise; co keep all buildings and strurnues now or hereafter erected upon the mortgaged premises, constantlq insured in an amount not less than the principal amount of the note aforesaid against all loss or damage by fire, windstorm or tornado and water damage, as may be requited by the Mortgagee, and in a company oc com- panies acttptable to said Mortgagee. All said policies and teneR•als thereof shall contain standud mortgagee tlauses with of without full contribution as the Mortgagee shall require, and in such form as shall be satisfactory to the Mortgagee by which any loss or damage under said pviici~ s,~all be payable co the Mortgagte as its interest may appeu. It is further covenatxed that the Mortgagee may advance monies that should have been paid by Mortgagor hereunder in order co protect said property or the lien or security hereof, and Mortgagor agrees without demand to forthwith tepaq such monies, which amount shall beu interest from ehe dace so advanced until paid at the me of six (69b) per cent per annum and shall be considered u so much additional indebtedness secured hereby; but no payment by the Mortgagee of any such monies shall be deemed a waiver of the Mortgagee's right to dedue the principal sum due hereunder by teases of the ucfault or violarion of Mortgagor i^ any of his covenants hereunder. The Mortgagor further covenants to keep said property and the buildings now located thereon or hereafter co be erected thereon in ood repair and to permit, commit or suffer no waste, impairment or deterio.-acion rhereof, and co comply stricclq with all laws and governmental regulations and rules affecting said p:operry a i~, ~p«ation. Ic is further covenanted and made the esxnce hereof that in case of defaults for thirty d:qs in the payment of any sums of money co be paid htreund~r by cne Mortgagor or in the performance of any of the covenants herein on the pan of the Mortgagor co be performed, then it shall be optional with the Mortgagee to consider all unmatured indebtedness or liability secured hereby, including any additional sums hereunder advanced and secured hereby and anq interest due thereon, as immediately due and pay>ble. without demand and without notice or declaration of said optiat, and the Mortgagee shall have the right forthwith to institute proceedings to enforce the collection of all monies secured hereby including the right co foreclose the lien hereof. I - • ; -~ ~ ~ "~ j ~ ~ ~ ~ + ._~~ ~ . - ~ t . --