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Home My WebLink About0301 i' . , ~ , ~.t .K re l ) . - f' S~ ~ i ~i ~ ~ . ~5 INortgdge Deed - Florida - Jim Walter Corporation TH1S INDENT'[JRE, Made chis _ 9th day of - tiovember , A.D. 19 65 ~~,~n N_, V_.____Cannon.__.._Jr. _and__ wife2 Jane_ F. Car?non of _.._St Lucie Counry, Florida, hereina#cer called Morcgagor, and JLM WALTER CORPORATION, - a Florida torporatioa, Tampa, Florida, hereinafcer called Mottgagea, WITNESSETH: Thac Morcgagor, in consideracion of che mucual covenancs and condicions contained and of ocher valuable con- sidtracion dtlivered by the Mongagee to che Morcgagor, receipt whereof is hereby acJcnowledged, do~s hereby grant, bugain, sell, assign, cransfa, convey and confirm unco Mangagoe rhe propercy siruate in S~_.____Lucie__._____________..____.____.____ ~~~y~ desuibed u: ~egin aC the souttiwesC corner of lot 118 of~ 5heen's Survey of ;Jhit~ City as recorded ~n pla~ 'uook 1 page 23 for the point of beginning. Thenc~ run north 210 feet, thenca run easC 210 feet, thence run south 21U fe~t, therice run wzst 21G feet to the point of b~ginning. Less and ~xcsgt any existing road ri~ht o£ way of reco~d. F~ar Soiirce of Tit-I_e refer t~, bocik 253 p ge ~45 / ~ /3 ~r~ pey~ ~~d70FTAXES ~ RFC.ctYED S r ~ ~ f'.;~NERTY. . :'J ; qc~'C' lh •7 l i CL 1c F 1°»t ftt Pl:k. , ~ :v Ct;.4~ _ _ hU:i ~~'~l { _l~i~ F~" _ . _ _ Jf~ ~ ~.Zi - I.y~._J p° ~.','i:t ~ .f . Si. ~U~iE GC~Itlty' iC:y, ._C:t~i, ~ 6y uEPUTY C~ERK TOGETHER WITH all and singulac the ways, e3semenrs, riparian and orher rights, and a31 ccnemencs, heredicaments and ap- punenances theteunco belonging or ia anywise appenaining, and all buildings, scructures and ocher improvements now on said land or chat hereafter may be erecced or placed thereoq and all Eixrures accached chereco and all rents, income, issues and profics accruing and co accrue cherefrom. TO HAVE AND TO HOLD che above described prepecry unco che Idiongagee, ics successon and assigns. The Mortgagot hereby covenann wicl~ the Morcgagee chac che Mortgagor is law~fully seiud of the fce simple title to the above described proptrty and has full powet and authoriry to gtant, bargain, sell and mongage che same to the Mortgagce; that said prop- erty is ftee and discharged from ali liens, encumbrances and claims of every kind, intluding tues and assessments; that said Morc- gagor, his heits, legal r~prexncacives and successors, shall warrant and defend the ticle to said proprrcy unto che Mortgagee against che lawful claims and demands of all persons whomsoever, aad will make such further assurances to perfect the fee simple tide ta said properry in the Mongagee as may be reasonab(y required. P~tOVIDED ALWAYS, aad chese pre~euu are upon chese zxpress condicions, chac if Mongagor shall prompcly pay co Mortgagee one certain promissory noce, even dace herewich, made by Morcgagor to Mongagee in che principai amounc of ~ 6_~ ~66._~+C~ paqable in monchly inscallmencs of f_.45.60 ~ch, the last installment being due and - able on _____~~C~mh~r___~ 19_._77_., and uncil full payment thcr~of, or any extensions or renewais ch~reof, in whole oyn pazc, and paymene of all other indebtrdness or liabitiry char may become due or owing hereunder and secured herebq, sha1S faich- fully and prompcly comply wich and perform each and tvery othet covenanc provision herein on th~ part of Mortgagor to be coan- plied wich and performed, chen chese preseats sha11 be void. The Mortgagor Eunher covenanrs and agrees wich che Moccgagee as follows: To pay che indebtedness rrciced in and evidenced by said note and any extensions or renewals thereaf, and all ocher indebtedness or liability hereby secured, however creaced or evidenced; to pay all taxes, assessments, levies, liens and encumbrances of tvery kind a.nd narure on said properry and upon chis m~rrgage and note and che monies secvred hereby prompcly when due and before de- linquency thereof; to pay all costs ar,d expenses i~curred or paid bq che Mongagee in colleccing cho indebcedness hereby secured or in enforcing or prottc*.ing che rights and securiry of che Mongagee hereunder, including reasonable attorneq's fee if placed in che hands of an attomey, whether colletted by foreclasure or othtrwise; to keep all buildings and struct~ues now ar hereafter rrected upc~a the rnortgagtd pttmises, constantlq insured in an amounc not less chan che principal atnount of tbe note aforesaid against all ioss or damage by fire, windstorm or tornado and water damage, as may be required by the Mortgagee, and in a comgany or com- panies accepcable co said Morcgagce. All said policies and renewais rhereof shall contain standard mortgagee clauses with ot witheue ful! concribution as the Mongagee shatl require, and in such form as shall be sacisfaaorq to the Morcgagte by whieh any Ioss or damage under said policies shall be payable to che Mongagee as its inreresc maq appear. It is further co~enanted chat the Mortgagee may advance monies that should have b~en paid by Mottgagc,r herennder in otder to procea said property or the lien or security hereof, and Mor,gagor agrees a~ichout demand to fonhwich re~:zy such monies, which amount shall bear interest ftom the date so advanced until paid at the rate of six (6%) per cent pct annum an,~ shall ~e consider~ed as so mucb additional indebtedness secured hereby; but no payment by the Mortgagee of any such monies shall be deemrd a waiver of tht Mongagee's right to declare che principal sum due hereunder by reasc>n of che defaulc oa violatica of Mongagor in any of his cov~nants hereunder. The Morcgagor furcher covenancs co keep said propercy and che buildings now locared ch~reon or hereafcer co b- erecced chercon in good repair and to permit, commit or suffer no wastt, impairment or decerioration thereof, and to comply suia:y with all taws and governmental regulacions and rules affecting said properry a ics operation. Ic is furcher covenanted and made che esse~ce hereof thac in case oE defaulcs for thirry days in the paqmenc of any sums of money co be paid hereunder by che Mortgagor or in che performar.ce of any of ch~ cavenanu herein on che pan of ct~e Mortgagor to be performed, then it shall be opcional with the Morrgagce ro ronsider all unmatured indebtcdness or liability sec ired hereby, induding any additionai sums hereunder advanced and sttiired hertby and any inceresc due thereon, as immediately due ~nd payable. wirhout demand ~~d wirhout notice or declaracion of said opcion, and che Mortgagee shatl have the right forchwith th inscicute prcxeedings to enfarce the collrccion af a(1 monies secured hereby including the right to foreclose thr lien hereof. ECRx 1~1