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Mortgags Deed - Florida - Jim Walter Corporation ;
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THIS 1NDENiURE,1~ae c~;s _ _?th...._ ~ . d,y oE F~.bruarg..._. . _ , A~ 19 . b$ .
becweea _~~_._Y,__IloDh~_.a~nd~_~da...,l~._.Bobba- h~e~,-~~-gi-.._...______.__.-•-------_-_..~....___..._........~_. ~
of .___$}~_~t~i~1t..___....._-------------__.__ Conary. Florida, lxreuufter alled Moccg~gc~r. u~d jIM WALTBR (ARPORA'PION,
a Florida eocparacioo, 'Tamp, Florida, hereinafcer aUed Morcg~ge~,
~DTTr~i'sSSETH: 'ILac Morcgagor, in o~asideracion oE che mucual caveaana and condicioos ccncained and of ocba valuabk oon-
siden?doa ddiverrd by the Moccgagee co che Mongagor, receipc whereoE is hereb~ ukaowledged, does lxteby gracu, bargaiq setl,
assign, craa~sfer, ounvey aad confirm uato Monga,gee cbe propecry sicuice in -------..~~~---I~110~l.....---_~.~.~ Connc~. Pbtida.
daa~ed ss:
Lots 2 and 3, Block 38 of the biap of tlihlte Ci ty aa r~cordsd
in Plat Book 1 pa~;e 21 of the Publ3a Rmaords of St. Lucie ;
County, Florida For Source of Title refer to book 191 page 401-402
Th;s irstru:ne•~2 prep9red by
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Tar.~pa, Fia. 33~~~ NGiE RNa c~~i ~EUE~ .
T~OGB1'HBR W1TH all and singulu che ~vays, tasemencs, ripuiaa and ocher righa, and ill tenemmcs, heredicuaencs and ap
puttemnas chereuato belonging or ia anywise appercaining, and all buildings, sttarnues aad ahet improvemeaa naw on ssid land
oc ch~c herafcer ma~r bt aecced or placed chereoq and all fizciua accached cher~co and atl rencs. incame, issues and profics ucnuag
and co aoaue rherefro~m.
1~0 HAVE AND TO HOLD che above described propercy uaco the Mongagee, its suaesson aad assig~u.
1be Moregsgor baeby covrnancs wich che Mongagee chat che Morcgagor is lawfully seired of the fee simple dde to che sbove
described propercy and has full power and auchoriry co granc, bargain, sell and morcgsge the same co the Mort$agee; chsc said prop-
acy is free and discharged han all tieas, encumbraaca and ciaims of erery kind, iaduding eazu snd assest+mmts; thac siid M~c-
gagor. 1us heics. legsl crpresencaciva ae~ successors, shall warranc and defend cbe cide co said propercy unco the Morc
~ againsc +
che k~rful daims and demands of all persons whomsoeva, and will make such funher ~ co pecfecc the fee s~m ncle t~
said propeny in c6e Mongagee as may be reasonably required.
PROVIDBD ALWAYS, and chese pre~a,cs ue upoa chese apms candicions, chu if Morcgagor s~hal! prompcl~ pa~ to
Mortg+$ee ooe cenaia pramicsory noce, even dace ~erewich, made by Morcgagor to Mongagee in thr principal amount of
;--6s-~-1~00 paysble in monchtq inscallmena of QQ----------------- pch, cbe last iascallmeat being due aad
P~l~e an A~Li1 ~th 19--$Q__, and uncil fiill paymenc thereof~ or an~ anensions or rene~vats chaeof~ in whdt
or in parc, and paymmc of ati ahet indebcednas or liabiliry chic may become due or o~ving heteundu and secvred haeby, aba11 faich.
futly and praapcl~ eampl Wirh aad paform cuh aad every aha covenanc provision haein on che puc of Moccgagor to be ~om-
plied with ~nd pafocme~ chen thae presena shall be void.
'Ibe Mongagor funher covemncs and agrees wich che Memgagee u follows:
To pay th~ indebceda~ss reciced in and evideaced b~ said noee and any emnsioos ot renewals thereof, aad ait otber indebtedneu
or Iisbiliry heteby savred, however creaced oc evidenced; m pay al1 cana, assesson~ncs. levies, liens and mcvmbranas of rvesy Irind
and aacur~ on said propercq and upon chis morcgage and nocc and che monies secvred hereby P~P~Y '~vh~a due and before de-
linqueaey thereof; co pay ali coscs and expenses incurred or paid by che Mongagee in colleccing che indebcedness hereby secvred or
ia enforcing or procecuag che righu and securiry of cbe Motcgagee h~reunder, including reasonabte attomrq's fee if placed in cbe
hands of an attomty, whecher coltecced by foreclosure ot otherwise; co keep aU buildings and suuccures now or baeaker emced
upcx~ the mongaged premises~ constandy insured in an amounc noc less chan che principal amouac of che noce afores~id agaiau ap
resi
loss or damage by fire, windscorm or coraado and wacer damage, as may be required by che Morcgagee, and ia a company or com-
pania aaepcable m said Morcgagee. All said polides and renewa[s chereof s6all concain standard mongagee clauses wich ot ~vithout
full coaaibuciaa u the Mongagee s6all require, aad in sach form as shall be sacisfaccory co che Mongagre by which aay loss or
dunage under said policia shall be pnyable co tbe Morcgage~ u ia incerest maq appeu.
Ic is f~nher covenanced chac che Mongagee may advance monia thac should have been paid by Mortgagor hereunda in ocdet
co procecc said propercy or che li~n or securiry hueof, and Mortgagor agrea wichouc demand to forthwich repay such maua, which
amounr shsll beac incaesc from the daoe so advanced uncil pAid ac che rau of siz (696 ) per cenc per annum and shal! be considend
u so mnch addirional indebcedness xcurcd hercby; bur no paymmr by the Mongagee of any such monies shall be deemed i
wnivet of tbe Matgagees righc to declue che principal sum due hereunder by reason of che defaulc or vi~acion of Mongagos in
any of his covenaucs baeunda.
1be Morcgagot further covrnancs co keep said property and che buitdings now toaced thereon or hereafcer co be erecced thereon
in good npaic and eo pecmic, commic or suffer no wasce, impairmenc or daerioraaon rbereof, and to camply saialy wich all laws
and gavernmenai ngularions and rules affeccing aaid properry a its operacioa
It is funher covenanted and made the essence haeof chat in case of defaulcs for chireq days in che paqmrnc of anq sums of
money to be paid hereunder by che Mongagor ot in che perfotmance of anq of che covenants henin on che patc of che Mongagor
to be perforaned, chen ic shail be opcioaal wich t6e Moagagee co consider all uneaatured indebtedness or liab:~ery sectzred hereby,
including any addicion~! sums hereunder advanced and sea~red h~reby and any inceresc due chereon, u immediacdy due and payable,
wichouc demand and wichouc naice or dedaracion of said opcioc~, and che Morcgagte shap have che righc fonhwich co insticuce
proceedings co enforce che coUeccion of all mooies sccvred hereby including che cighc ro forecloae che lien hereof.
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FORY JW.2~0
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BOOK ~ l ~ PACE 1851
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