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Home My WebLink About0629Mortgage Deed -Florida vrtaaao, rtoriaa 144 Ho. 'i82556 - Jim Walter Corporation THIS INDEN1ZJ1tE, Made this - -- -.- ----~tx1_------ -- - ---------_... day of .......-.. - --.may- -- - -- _ .. ....- ..-...., A.D. 19 6Q between Berard .:D,.-Cupaains ar;d~E~C~a ns _ his.-r~i fe--__ of .___.$.t:....~1>C1l~_-..___..___.__.__.._.._._._.._ Coanty, Florida, hereiaafoer cued Mortgagor, cad pM WALTER CORPORATION, a Florida oorpocacioo, Tampa, Florida, hereinafter cued Mortgagee, WITNESSETH: That Mortgages, in a~osidencion of the mutual eoveaaats and eooditioas eoatained cad of other valuable ain- sidendon ddivend by the Mortgagee to die Mortgagor, retxipt wlxteof is hereby adcaowkdged, does hereby grmt, bargaiq sell, assign, transfer, convey cad confirm unto Mortgagee the property :icuaoe in _~_~ St._ Lucie _.._.._ .. Cowocy, Florida, described as: From the SE corner of ~ SW~ SF~ S~i~ of Sec. 19 Txp 35S., R 40E., St. Lucie County, Fla., run Neat 170 ft. for F'OB; continue west a distance of 60 ft; thence North a distance of 160 lt.; thence East adiatance of 60 ft; thence South adistance of 160 ft to POB~ Les the South 40 ft for canal right-a!'=Way. For a source of title see Deed Book 177 Page 322. ~., gt:L'.4 T/~ 7 . / d :;: ~ - 1~OGBTHBR W111i all cad siAg~tlu the ways,•tastmeaa, riparian and od~er rights, and all tenements, herediamena and ap- partenaaces theteuato ia~ or in aayairse appectainigg, cad all buildings, scruccura cad ocher improvements aow an said land err that hereafter may bye a xted or placed dietcoati cad all fizenra amdced thereto cad al! rents, inoomt, issues and profits :caning and co aouue dterefrom. , < .,, . ~ HAVE AND TO HOLD the above dpcribed property unto the Mortgagee, its waessoes and assigns. The Mortgagee hereby oovraaaa with the Mortgagee that the Mortgagor is lawfully seined of the fee simple title eo the above described property and has fall power and authority m grant, bargain, sell cad mortgage the same to the Mortgagee; thu said prop- erty is free cad discharged from all liens, encumbrances and claims of e'oery kind, indudiag axes and assessments; that said Moati• gagac, his heirs, legal reptesenativa cad wooessors, shall wunnc and deknd die acle to said property unto the Mortgagee against the lawful daims cad demands of all persons wrhomsorver, and will make sorb further :ssucaoca to perfeu the fee simple title to said property in the Mortgagee as may be tasooably requited. PROVIDED ALWAYS, and these preaeua are ~ there express ooadicioas, chat if Mortgagor shall prompdy pq m Mortgagee one certain promissory none, even date herewith, made by Morcppgor ro Mortgagee in the principal amount of =--1~r3~4St.jiQ-.- -Payable in mondtly iasa~llment: of ~-~.Q.10-----:------------- each, cbe last insallenem being dx aaa payable on aTul3C ~ , 19-$1' ,cad unn'1 full payment chenof, err say e~ccensioos err retxwals cba~eof, in whole or in pact, and payment of all ocher indebtedness err liability dnt may become due or owing hereunder and secured hereby, shall faith- fully and prompdy taom with and perform each and eves ocher aovenaac provision herein an the pan of Mortgagor to be com- plied with and perfacm~ then these presents shall be void. The Mortgagor further oovemats and agrees with the Mortgagee as follows: To pay the iadebcedaess recited in cad evidenced by said node cad say esceatioos or renewals thereof, and all other indebtedness or liability hereby secured, however sated err evidenced; to pay all rues, assessments, levies, liens and encumbrances of every kind cad aatttre on saH property cad upon this mortgage and voce and the moaia secured hereby promptly when due cad before de- linquenq thereof; to pq all coca and expenses innu7rd or paid b! die Mortgages in oollettiag the indebtedness hereby secured or in enforcing or proacaag the rights and security of the Mortgagee hereunder, indudiag raisonable atoorney's fee if placed in the hands of an a ,whether eolleaed by foredasure err otherwise; m keep all buildings and setuccuras now or hereafter er+ecoed upon the mort premises, cnnstandy imtued is an amomc not Iess than the principal :mount of the note aforesaid against all loss or damage by fire, windstorm or cotaado and water damage, as may be required bf the Mortgagee, and in a company ere com- panies aecepcable to acid Mortgagee. All ssid policies and renewals thereof shall censor standard mortgagee clauses with or without full conmbutioa as the Mottgaget shall requitr, and in soh form as shall be suisfacooty to the Mortgagee by which say lens oc damage under said policies shall be payable ro the Mortgagee as its interest may appear. Ic is further cavenaaced dut the Mortgagee may advance mooia chat should have been paid by Mortgagor hereunder in order co protect said property a the lien a security hereof, cad MortpPgot agrees without demand ro ford~with repay such monies, which amount shall bat iaoetest from the dace so advanced until paid at the nee ~ six (6%) per amt per annum and shall be mosidered u sD much addiaoaal iadebadness secured hereby; but no paymeac by the Mortgagee of say such monies shall be deemed a waiver of the Mortgagee's right to dcdare the priaapsl sum due hereunder by t+eaaoa of the dehdc oe vio4dan of Mortgagor is any of his caveaaats hereunder. The Mortgagor farther covenants co keep said property and the buildings now looted thereon or hereafter ro be etecad dureon is Rood repair and to permit, commit or sufkr no waste, impairment oc decerioradon tbarof, and to aanply saicdy with all laws and governmenal regulations and rules affecting said property or to operation. Ic is furdxt oovenaated and made the essence hereof~thu in case of defaults fat chitty days in the payment of any sums of mosey co be paid hereunder by the Mortgagor or is cbe perforasance of any of the ooveaaan herein on dte pare of the Mortgagor co be performed, then is shall be opdooal wtdt the Mortgagee tD consider all unmatured indebtedness or liability secured bcreby, including say additional auras hereunder advanced and secured hereby and any interest due chereoa, as immediacdy due cad payable. without demand cad without notice or declancion of said optics, cad cite Mortgagee shall have the right forthwith co iristituce Proceedings to eaforoe the op;ileccioa of all monies secured hereby indudiag the right m forc5lose the lien baeof. FoRtr Jtr.s~o , ~. aooK 1`~y ~~ 6~8