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Home My WebLink About1091 _. .__' ~i..~.__"'olU-'U:.~~~--~ , . .. j, .' \ 1~""'ta.J. ..' O,R.' B~~<< 58 'f ~'E 388 ~ . /,,:1.;0 It38UU · ~\T. lucir CCUNTT. fLA. .- --------........-..- . .-- .. Mortgage Deed - Flodda - Jim Walter Corporation THiS INDENI1JRE, Madt: this. .1 5th. .."... ,.. . ... day of .... J aOllAty , !..D. 19 6 '3 between ....... t\~~~i~..Pt)ugl~~L.J~.n?__~~x~.hL!&"1~l~.s....(h~.~...~~~fe) .... ......................... ... of. . ..~t.... J,tlcle..................... ....... County: PlOlida, hereinafter called Mong&8oc, and JIM WALTER CORPORATION, a Florida ..:orporarion, Tampa. Florida, htreirufrer called Mongasee. WITNESSETH: That Mortgagor, in cons,iderttioQ 01 the mutual. covenants and conditions roortined and of ()(hec valuable con. lid~ration delivered by the Mort~gee to the Mortgagor. receipt whereof is hereby acknowledged. does hereby grllnt, bargain, sell, usipl. transfC'tt conyey and confirm l.lDto MOrtgasC'e the property situate in ........S.t........Luc.i.e.......m........._..... County, deJCl'ibed u: . . , Tb~ ~orth 100 feet ~ro~crty; one ecre ~. of the t\orth~.g~t Rap.:!e 40 East. of the:> '.'!~st 100 fpet of ip the Southwest corner .~ of th-:- S0t~t-h\..'est t of the follo~ing descri~pd . of the South ~ of the Southeast Sect ion--2Q'f'- 'to'.'?)}sbip . 35 \.~~u.tn. . U ..... RECEIVED' Ir- ,'t "~' IN t'AY I' DUE ON CLASS C' INTANGIBLE PER"O::lN~ Of 1 AHS PURSUANT TO CHAPTER 2,)7Z4. ACTS OF 19 ROPERTY, ROG R POITRAS, CI.rk Circuit Court 41, as Agent for CU~T1S M, JAMES St. lude Covnly Tall. C~ector . By.p~~--,--?T Dff'Un CLERK ........ flBAC &OCO~ 11150 , oor:ll~\[lI1r.R't Sl~,ALI' :'X:ll F) ClUG\:'~ '.1, d, ,,'., "~'lrtLllO I\J1L IV'" V'.. " TOGETHER WIllI all and singulu the ways, euements, riparian and ocher righu, and all tenements, he<<ditarnents llnd ap- punenarlCes thereunto belonging or in anywi1e appertllining. and all buildings srruaures and other improvemenu now on said land or du.t here.fter may be erected or placed thereon, and all fixtules llttachcd thereto IlOd all rents, income, wues and profits llceming and (0 accrue therefrom. TO HAVE AND TO HOLD the above .described property unto the Mortgagee, its roccesson and sssigns. The Mortgagor hereby covenants with the Mortgagee .that the Mortgagor is lawfully seiud of the fee simple ride to (hO! above described properry and has full power IlOd lluthority to grant, bargain, selland mortgage the same to the Mortgagee; that said prop- erry is free and discharged from all liens. encumbrances and claims of every kind. including taxes and assessments; (hat said Mort. gagor, his hein. legal representatives and 5'Jccessors, shall warranr and ddend the title to said property unto the Mortgagee agllinst the lawful claims and demands of all persons whomsoever, and will make such further usurances to perlect the fee simple title to said properry in the Mortgagee llS may be re~bly required. PROVIDED AL WAYS, and these pr~JtS are upon these express conditions, that if MOrtgagor shJlI promptly pay to Mortgagee one certain promissory note. even ~ate herewith, made by Mortgagor to Mortgagee in the principal amount of . 7.4IL3.0....muumu..hmu. payable in monZ( in51allments of ,__.56...60. h.......... e.ch, the last imtallment being due and r~h"'U8ry 1 5 . ' . paYllble on ______~.h:...:__.____mmm....... ....., 19 h.... and until full payment (hereof, or any extensIOns or renewals ther~f, JO whole or ill part, and payWCilt of all utilci indcbtec:h-leM Of li.biHIY thAi rruf ~v..u' du~ or v,"-ing t-~:~under ar.d :.-.-c~:d h~rebj"t s.hill f~i~h- fully llnd promptly comply with and perform each and every other COVetWlt prm'ision herein on the pan of Mortgagor to be com- plied with and performed. then these presents shall be void. The Mortgagor further covenants and agrCC's with the Mortgagee as follows: To pay (he indebtedness recited in and evidenced by said note and any extensions or renewals thereof, and all other indebredness or liability hereby secured. however created or evidenced; to pay all taxes, assessments, levies, liens and encumbrances of every kind and nature on said property and upon this mortgage and note and the monies secured hereby promptly when due and before de. linquency thereof; to pay all costs and expenses incurred or paid by the Mortgagee in collecting the indebtedness hereby secured or in enforcing Of procecting the rights and security of the Mongagee hereunder, including reasonable attorney's fee if placed in the hands of an attorney, whether collected by for~osure or otherwise; to keep all buildings and structUres now or hereafter erected upon the mortgaged premi5C's, cOlUtandy 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 required by the Mortgagee, and in a company or com. panies acceptable to said Mortgagee. All said policies and ren~wa\s thereof shall caottin standard mongagee clauses with or without full contribution llS the Mortgagee shall require. and in such form as ~hall be satisfllctory to the Mortgagee by which any loss or damage under said policies maH be payable to the Mortgagee llS irs interest ouy '.ppeat. It is further covenanred th:H the Mortgagee may advance moojes dlLt ihould have been paid by Mortgagor hereunder in order to procea said property or the lie., or security hereof. and Mortgagor agrees without demand to forthwith repay such monies, which amount shall bear interest from the date 110 adnnced until paid at the rate of six (6%) per cem per annum and shall be considered as so much additiontl indebtedness secured hereby; bur no payment by the Mortgagee of any such monies shall be deemed a waiver of the Mortgagte's right to decla.re the principal sum due hereunder by reuon of the default or vioatioo of Mortgagor in any of his covenants hereunder The Mortgagor further coverunts to keep $lid property and the buildings now located thereon or hereafter to he erected thereon in good repair and to permit, commit or roffer no waste, impairment or deterior1tion thereof, and to comply strictly with all laws and governmental regulations and rules affeaing said property oc its operation. It is further coverunred and made the eiJence hereof that in case of defaults for thirty days in the payment of any sums of money to be paid hereunder by the Mortgagor or in the performance of any of the COVC'lU.nts herein on the put of the Mortgagor to be performed, then it shall be optional with the Mortgagee to consider all UCUD&cured indebtedness or liability secured hereby. including any addiriona.l sums hereunder advanced and Y'Cured hereby and any interest due thereon, as immediately due and payable. without dema"d and withou, notice or declllCation of said option, llnd the Mortgagee shall have the right forthwirh to institure proceedings to entorce the collection of all monies secured hereby including t~ right to foreclose the lien hereof,