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HomeMy WebLinkAbout0380 . . • .L'75502 ~ Resale of S. T. Knight ,L~'d 150094 ~ Mortgage Deed - Florida - Mid-State Homes, Inc. ~ THiS INDENTURB, Made chis 2Zth------------------------ day of . February- A.D. 1969.-- becwcen ----------M]:IrL8Rl2---JAM~---87t1~--G.IaASI~?~l._sT~~~.~~e wife of __.___---------St,--- LuCieT---------------------- Couary. Florida, hereiaaker called Mottgagor, and MIDS'PATB HOMF.S~, ING. a Flotida oorporacion, Tampa, hereinafcer called Morcgagce. Wl'fJNfTSSETH: 'I~ac Mongagor, ia coasidencion of mucual rnvenancs aad eoadicioas rnncaiaed and of ocher valuable con- sid~ratioa delivered by the Mongagee to che Mongagor, raeipt whereof is heteby acknowledged, does 6ereby grant, bargaiq sell, p.ssign, cru~sfer, coavey and confirm unm Mon8i8K ~ P~nY sicuace in ------------St.--.I.uC].@----- Counry, d~cribcd as: Lot 7, of Englewood Park Subdivision as per plat thereof recorded in Plat Book 7, Page 48 of the Public Records of St. Lucie County, Florida _ ~ ~ $6.60 DOC Stamps have been affixed to note and cancelled. ~ ~ ! , , " T~O('ETHfiR W1TH all and singulac cbe ways, easemma, ripuian and other rights, and all tenea~ents. hertdiwnena had ap- purcenances chereunto belonging or in anywise appercaining, and all buildings, scruccures wd ather improvemu?ts n~av on s~iid Lad or chu hernfcet may be erecced or placed tl~ereoq and all fimua attachod cheteco aad all reats, iaoome, Iswes and profits scauing and co aanu cherefiom. - ~ TO HAVE AND TO HOLD c!x above described propeny unro the Mongagee, iu s~oassats a~ assi~s.- ' ~ The Morcgagor hereby covenanes wich che Mongagec chu che Moccgagor is lawfult~ seixed of cbe fce simpk dtk to the abo~e described pmpercy aod has full powet and autharity to granc, bar8ai4 sell aad motcgage the ssme to the Mortgsgee; ~ t3~?t said pmp- ercy is kee and discharged fcoan all lieas, encumbrances and daims of tvay kind, induding tases ~mtr, that said Mat- gagor. his heiis, leg~l represmcuiva and successors. shall wacranc and defend che cide oo said propercy unco tbe Morcgagee againsc che lavvfiil da;ms and demands of all persons whoaosorver, and will mak~ snch furcher asAU~anoa co pafecc che fee aimple ritk to said property in the Morcgaget u may bc rasooably requitcd. ~ i PROVIDED ALWAYS, and chae pre~ua are apon th~ czpress ooadicions, chac if Morcgagor shall pra~pctp pa~ to I Moagagee one cemin promissory noce, evea dace hcrrwitl~ made by Morcgagot to Mongagee in ch~ principol sona~nt of 59.80 a d on in tal1men __---------`~,-9.Z5-..~~--____ payable in monchly iascallmencs af i----------------------------------- ead~/rhe ~isc ic~mmc ~ng ~ue ~ : P~9~le on Ju ne 15 --------y 197 7----, and unt~ Ivll gaymenc chereof. or aa~ ezcensioos rb~of, in whde ~ or ia pacc, aad payment of all ocher indebtedness or liabiliry chac mzy becane due or owiog ha~eunda and secured ba~eby, sbatl hith- t fully and prompct~ mmpl .vich and perform ach and evay ochec covenaac provision harin on cbe pan of Morcgago~ co be oom- ' plied ~vich and pafocme~ chen chese praencs shall be void. Tbe Mongagor furcher covemncs and agrees ~vich che Morcgagee as followrs: To pay che iadebcedness reciced in and evidenced by said nae and a~? e:ornsions oc rene~vals chereof, and al! aber indebcedness or liabiliry hereby secvtcd, boweva ueaced a evidenad; m pay all tazes, asses.mnenu~ levia, lirns and encvmbranoa of rvay kind and nacnre on said properc~ and upoa chis mangage aad aae and che monies secvred haeb9 P~P~Y when due and before de- linquency chereof; co pay aU coscs and ezprnses incurnd or paid b~ t}~e Morcgagee in calleccing tbe indebcednas heteb~ secured or in enfor~iag or prncac,nA che righcs and secvriry of che Mongaga hereunder, induding rasooabJe accocney's fee if placed in cbe hands of an a ,~vhecher coliecced by foreclaaure a~ othawise; to keep ap buildings and muctnra now or 6araket ezected ~ upoa che morc~ premisa, coosandy iawred in m amoanc na las c6aa che priocipal amoanc of che nooe aforaaid agaiasc all loss or damage b~ fire, ~vindscorm or cornado and waca damage, as may be required b~ the Mortgagee, and in a oompany or cam- pania aocepcable co said Morcgagee. All said policia and renewals chereof shall caaain s~andard mongagee dausa wrich or without ' ~ full coom~ucion as cbe Morcgagee shrll r~quia, and in such focm as shxll be satisfaccoiy m rhe Morc8i6'ee b'f which a~ laas or ~ damage under said policia shall be pafaWe c~ che I~[orcg~~gee u ics interat mi~ appear. ~ - Ic is f~uther covenaaced chac che Morcgaga may advance mmies chac sbo~ild have been paid by Mongagor heceunder ia order ~ co procecc said propat~ or che lien or securicy hereof, and Morcgagor agcces ~vichouc demand to forch~vich repsy snth monies, which amounr shall bar incaesc kom che dax so a~d~ancccd nncil paid sc che nce of sis (6%) Per ceat per anaum and s6all be oonsidered u so mucb addiriooal indeboedneu s~eevred heaby; buc ao pzyanenc by the Mongagee of a~r such monia shall be deemcd a ~ waiver of the Morcgagee's rigbt to dedare che principal sum due heminda by reason of cbe defanlt ac vioLriaa of A~torcgagot in ~ an~ oi''I~is co~?enana l~aeundet. 'I-nr Morcgag~cx furcher coa?emna co kap said properc~ and che buildings now loaced tbereon or haeafca co be aecced cherwn ;n good repair aad ~o pamit, oommic or sufkr no waue, impairn~enc or decerioracion chereof, and to oompt~ miccl~ w?ich all liw?s and governmenal regularioos ud inla affacting said pcopert~ at ia operatioa Ic is hucher coreaaaced and made ebe ateACe haeof cl~ac in case of defaula for chirqr days in che pa~menc of any suma of mcmrr co be paid beceunder b~ che Moccg~gac ar ia che perforn~ance of aay oE che rnvenana herein on tbe put of che Mongagor co be performed. chen ic stull be opcional ~vith the Mo~rcg~gee to consider all unmatured indebadnas oc liab~7iq secured herebp, including acq? addicioaa! wins bereunder advu~ctd and . secl~red hereby and a~r interac dut theteon, at immed'uttly due aed payable. wichan demand and wrichonc nocice o~ deduacion of said opcim, and dx Moccgager shall have cbe righc forchRrich ro inscinne R~Ss co enface tbe cdlecciou of all cnonies secuccd hereb~? including cbe rigl~c co foredose che Gen beceof. This Mortgage wae prepared'b~z James N. Kynee, Esquire ~ ~R P.O. Box 9128 pq~ ~ 16' p~ 3~y Tampa , Flor ida - _ _ ~ ~ ~~~w __r.~=., ~ _