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Mortgage Deed -- Florida - Jim Walter Corporation
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THA1J'IDEN~E, (ad~ tlus , , ,dllY of f?J<..(t/l-{/^-' ,
berween tc--!~ ' ,t~cA.j!xFJ q. ~...'&1'4..m.u...Vj/fvU;!vJ , ~ 4
of-d-7 LIl-G~ ,... , .."... County, Florida, hereinaher called Morrgagor, and JIM WALTER CORPORATION,
a F!orida corporation, Tampa, Florida, herein.lher called Mor(ga~e.
\'VITNESSETH: 111.11 Mortgagor, in comiJer.llion of (he mUlual covenams and conditions contained and of (){her valuable con-
sidera(ion delivered by (he Mortgagee co (he Morrg.lgor, receipl whereof is hcreby.-:cknowledged" does hereby glanr, bargain. sell.
J.sslgn. (ransfer, cofi\'ey and confirm \lnll> Morrgagc:e lhe property sima(e in~.L{:. ~f.-.:.C;~ ... Couilly.
deSCribed 15:
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f1ECE1VEO , " INT IINGIBLE PERSON...L PROPERTY,
DUE ON CLASS C:~IIPTER 20724. ACTS OF 194\,
PUR5U.a.NT TO . , .
OGrR PO\1RAC" Clerk Circuli C'..urt
R . AI E5
O~ Agenl fer CU.Tl5 M. J ^
5,: Ll,cie County lO~ cO(}...:~L
By DEf'Ul~ CLERK
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TOGETHER WITH all and singular the ways, easemenlS. riparian and olher righls, and all tenemenrs, heredi(am<:nrs and ap.
purtenances (hereunco belonging or in anywise apperlaining, and all buildings. srrUClllres and orher improvemenls now on said land
or lhal hereafrer ma)' be crecre<l or r!acco lhereon, and all fixlures all;lched (herew and all relllS, income, issues and profits accruing
and co accrue (herefrom,
TO H^ VE AND TO HOLD (he above described property umo lhe Morrgagec, its successors and assigns.
The Mortgagor hereby covenanrs Wilh lhe Mortgagee lhal (he Mortg.lgor is lawfully seized of (he fee simple tide (0 (he above
described property and has full power and alllhority co grant, bargain, sell and mortgage (he same (0 the MortgaRee; (hat 5aid prop-
erty is free and discharged from all liens. encumbrances and claims of every kind, i'lcluding (uc:s and assessmenrs; that 5aid Morl.
gagor, his heirs, legal represenralives and successors, shall warranl and defend the (ide (0 said property umo (he Mortgagee against
(he lawful claims and demands of all persons whomsoever. and will make such fUrlher assurances to perfen the fee simple (ide co
said property in (he MortBagee as ma)' be reasonably required.
PROVIDED ALW^YS, and (hese pre>ullS are upon these express conditions, lha( if Mortgagor shall promprly pay lO
Morlgagee one certain promissory nore, even dale herewilh, made by Morlgagor co Mortgagee in (he principal amOUnl of
s/ /:;--.;. tl, /" On. ..... . ..., pa)'able in monrhly j.nstallmenrs of S (J??j t! (..) , . each, (he lase installment being due and
payable on 1s-..~t"!4b.(..-d:5.. .... ,... 19/5 ,and until full payment lhereof, or any c:x(ensions or renewals thereof, in whole
or in parr. and paymeJrt of all ocher indebtedness or liability lhJ( may bccom<: due or owing hereunder and secured hereby, shall failh.
fully and promprly comply with and perform each and every ocher covenant provision herein on (he pari of Mortgagor ro be com.
plied Wilh and perfornled, (hen lhese presenrs shall be void.
The Mor(gagor furrher covenanrs and agrees with (he Mortgagee as follows:
To pay (he indebtedness recited in and evidenced by said note and any eXlensions or renewals (hereof, and all ocher indebledness
or liability hereby secured, howe'ler crealed or evidenced; co pay all (axes, assessmenlS, levies, liens and encumbrances of every kind
and nature on said property and upon lhis mortgage and nOle and (he monies secured hereby promprly when due and before de.
linquency (hereof; ro pay all costs and expenses incurred or paid by lhe Mortgagee in collecting (he indebledness hereby secure<i or
in enforcing or protecting the righrs and securirv of (he Morrgag~ hereunder, inclu?i~g reaso~able altorney's fee if placed in th~
hands of an allorney, whether collec(c:d by foreclosure or ocherwlse; co keep all bu~ldlngs ana structures now or hereafrc:r erec(o
upon (he mortgaged premises. constantly insurc:d in an amount nO( I~ss (han lh~ principal amount of the nOle aforesaid against all
loss or damage by fire, windstorm or rornado and water damage, as may be reqUIred by lhe Mortgagee, and in a company or com.
panies accep(able to said Morrgagee, All said policies a.nd renewals (hereof shall cO~lain slandard morlgagee clauses wilh or Wilhou(
full conr~jbmion as the Mortgagee shdl requIre, and In such form as shall be satlshcrory to the Mor(gagee by which any loss or
damage undc:r 5aid policies shall be payable ro lhe Mortgagee as ilS inreres( may appear.
Ir is further covenanred (hat (hc: Morrgagcc may advance monies (ha( should have been paid by Morrgagor hc:reunder in order
co prOleer said properry or (he lien or secllli(y hereof. ane! Morrgagor agrees without demand to forthwith repay such monies, which
amount shall bear intereSl from (he dale so advanced uncil paid al lhe rale of six (6%) per cent per annum and shall be considered
as so much additional indebtedness secured hereby; bur no payment by lhe Morrgagee of any such monies shall be deemed a
....aiver of lhe Morrgagee's righl to declare lhe principal sum due hereunder by reason oi the default or violation of Mortgagor in
any of his covenanrs hereunder.
The MOrlgagor further covc:nanrs 10 keep said property and (he buildings now localed lhereon or hereaher to be erected thereon
in good r~pair and to permit, commil or suffer no wastc, impairment or deterioration (hereof. and to comply srrictly with all laws'
and governmental regulalions and rules affecting said property CK irs optration,
Ir is fUrlher covc:nanted and madc: (he essence hereof (har in case of defaulrs for (hirty days in (he payment of any sums of
money 10 be paid htreundcr by (he Mortgagor or in rhe performance of any of (he covcnanrs herein on (he parr of (he Mortgagor
10 be performc:d, th~n it shall be op(ional with (he Mortgagee lO consider all unmatured indebledness or liability secured hereby,
including "ny addilional sums hervunder advanced and secured herc:by and any interest due thereon, as immedialely due and payable,
without demand and wi(hom notice or declaration of said oplion. and (hr Morrgagee shall have (he right fOrlhwilh 10 instilule
proceedings co enforce (he collection of all monies securc:d hereh)' including the right (0 foreclose the lien herc:of.
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