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Home My WebLink About1319 19a~2~~ ~ xo Mortgage Deed - Florida - Housing Development Corporation FOR AECOADER'S USE T~~~s i~~strume~t P~epareci E3y: S~ fiGuSltdG DEVfLOPMENT CORPORATION ~ya~ ~ By: W. C. Cannon ~~~t ~ P. 0. Box 7337 • Ortando, Fla. R~~Q ~ ; Bo~ati Paq~ ~ STATE OF FLORIDA, } County of ST LUCIE ~ THIS INDENTURE. Made this 4th d~ ~ March A. D. # ~g70 betv„een Clifford Minus, a single man i of $t. Lucie County, Florida, hereinafter calleel Mortgagor, ar.d Housing Development Corporation, a Florida Corporation, Orlando, Florida, hereafter called Morigaqee. WITNESSETH: That Mortgagor, in consideration of the mutual covencmts and conditions contained cmd of other valuable consideraiions delivered by the Mortgaqee to the Mortqaqor, receipt whereof is hereby acknowledqed, does ~ hereby grant, bargain, sell, assign, hansfer, convey ~d confinn unto Mortgaqee the property situate in St. LuCie _ ~ County, described as: Lot I Block 3, HIGHLAND PARK SUBDIVISION, according to the plat thereof recorded in Deed Book 151, pages 195-196, of the Public Records of St. Lucie County , Florida. ~ ~Q' ~ ~ P.~CEIY:D S~L_~ IN PAYk1EM OF TAXk~ . ~ DUE OH CIASS 'C' C~TA`2~IB! E PE%c~~tAl P:tOPER1Y~ ~ ~ Pl'::S':AhT 70 Ct?'~"~, ~~~S OF 1941: ~ ~ FOG-R F~I;RAS, Cir~~!:t Cot!:t " as Age~t icr D;it~-L 1'wiOPil.ES, JR ~ ~ St Lucie Cour.ty Tz,: Ccl:cctor . } o ~ ~ ~ c pEpbry qFRK ~ a ~ ays, easements, riparian cmd other rights, cmd all tenements, heredita- ~ TOG~THER WITH all cmd singular the w ~ ments and appurten~ces thereunto belongincJ or in cmywise appertaining, cmd all buildinqs, structuras and othe: im- ' ° provements now on s~id land or that hereafter may be erected or placed thereon, and all fixtures attached thereto s and all rents, income, issues and profits accruing and to accrue therefrom. ~ o TO HAVE AND TO HOLD the above described property unto the Mortgagee, its successors and assigr.s. } E ~ The I~4ortgagor hereby covenants with the Mortqagee that the Mortgaqor is tawfully seized of the fe-~ simgl~ tifle E X to ihe above described property and has full power cmd authority to grant, bargain, sell cmd mort4age the same to the E : Mertgagee; that said property is free and dischcaged from all liens, encumbrances cmd clai~ns ef every kind, includ- i ° inq tmces and assessments; that said Mortgagor, his heirs, legal representatives cmd successors, shall warrant and de- ~ ~ fend the title to said property i:nto the Mortgagee against the lawful claims and demands of all persons whoms^~ver. ~ and will make such further assurances to perfect the fee simple tide to said property in the Mortgagee as may be rea- ~ ~ scnably required. ~ s PROVIDID ALWAYS, and these presents are upon these express conditions, that if Mortgagor shall promptlr pay ~ to the Mortgaqee one certcrin promissory note, even date herewith, made by Mortqagor to Mortgagee in the principal Q- 96.72 ~ E amount of $ 9, 000 .00 pc~yQble in monthly installments of ~a each, including inferest ° until full papment thereof, cr ar.y extensions or renewals thereof, in whole or in part, and payment of all ott:er indebt- N s ~ edness or liability that aiay Y~ecome due or owing _hsreu.zder cmd secured hereby, Shall f~ithfully and _promgtly com- - ~ p!y with ar:d perform each and every other cevenant pro-: ision herein on the part of Mortgagor tc? be complie3 wi~h ~ and performed, then these presents shall be void. ~ ~ The Mortgagor further covencmts and aqrees with ths Mortgagee as follows: ~ ~ To pay the indebtedness re~ited in ~d avidenced by said note ~d any extensions or renewals thereof, and all ~ other indebtedness or :iabi?ity hereby secured, however created or evidenced; to poy all taxes, assessmants, levies, ~ ~~iens en3 encumb:ances of every kind and nature on suid property cmd upon this mortqage ~d note and the monies ~ . secured hereby promptly when due and before delinwen~y thereof; to pay c~ll costs cmd expenses incurred or paid i ~ `Y' ~Y the Mortgagee in collectinq the indebtedness hereby s2cured or in enforcing or protecting the rights and security of ~ ti`' t'r.e Mortgagee hereunder, includinq reasonable attomey's fee if placed in the hamds of an attomey, whe;her collected by fereclosure or otherwise; to keep alI bu~idings and structures now or hereafter erected upon the mortgage premis~s, constantly insured in cm cunount aot less than the principal amount of the note cYforesaid against all loss or damage " b~r fire, windsto :~n or torna3o and water damcge, as may ioe required by the Mortgagee, and in a company or com- ~ panies acceptable to scrid Martgages. All said policies and renewals ihereof shall contain stcmdard mortgagee clauses ~ v>ith or without full contrbution as the Mortgagee shall require, cmd in such foim as shall be satisfactory to the Mort- ' gagee by which anY Icss or damage un~3er said policies shall be payable to the Mortgagee as its interest may a~p- ~ear. -y It is further covenanted that ihe Mortqagee may advance monies that should have been paid by Pdortgagor here- ~ under in order to protect said proparty or the lien or security hereof, and Mortgager agrees without demand to foj~ ; v~ith repay such monies, which crmo~~nt shall bear lnterest from ihe date sc+ adv~ced until paid at the rute of # per cent per annum and shall be considered as so much aditional indebtedness secured hereby; but no pay:nent by ` the Mortgaqee of ~y such monies shall be deemed a waiver of the Mortgaqee s right to decl~e the prlndpal sum ~ due hereunder by reason of the default or viotation of Mortqagor in any of his covenants hereunder. ~ ~g The Mortqagor furt~-~er covencmts to keep said property and the buildings now located thereon or hereinafter to be ~ erected thereon in good repair and to permt, commit or suffer no waste, im~3airment or deterioration thereof, and to ~ L; comply strictly with all laws and govemmental regulations and rules cdfecting said property or its operation. 800K ~ R 1~3 ~~E~3;~8 ~ . ~ _ ; _ , . . .,u~