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HomeMy WebLinkAbout0185 ~ Orlando, Florida ; ' . ~ ~ 144 Mo . ~ 2~_ aJ~~ i Mortgage Deed - Florida -.1im Walter Homes, Inc. ~ ~ _ A.D. 1 7d ~ THiS 1NDENRIRE, Made this . ~ q _ ~ . . y oE _ _ ~ GG . , 9 . bet~reen --..~.o..,t~i le--------~~.-h~---r--..~-----~-- --~.-4'?-•- - ._w__._._...._..------...__._.. of --------•--------~1.~.---- ~!~!.t~ ~.--d--e---------- Counry'. Flocida, hereinafcec called Mottgqgor. aad JIM WALTER HOMES, Inc., a Florida cotpocacion, Tampa. Florida. hereinafcer called Morcg;gee~ WITNESSETH: Thac Mongagcu~ in rnnsideracion of che mucual covenaaa and ca~dicioos coacained and of a6a ~aluabk oon- sideracioa ddi~ered by che Motcgagee co the Morcgagor, receipc ~rhereof is heceb~ sdcno~?ledged, doa l~ereb~ granc. bat~in, ~dl. ~ auigq craosfu, oanvey and coafum uaco Mongagec che properry sinnue in -----------------Q t'----'L ~4~-' i.~_.. Co~unt~?. Plo~rida. described as: 8~g~nning ~t tl~s~ it~t~r~~eti~n ~t th~ north lin~ ot •~oti~n S, t~iwahip 3T south,, r~~q~ ~~ast. ~nd th~ w~~ riqht ot ~r lin~ ef th~ Fl~rid~ E~~t ~ L~q~st Railwy. Ga~pen~?, run th~na~ south 23 d~g. 29 ~¦in. E, •l~nq pid wat ~ riqht ot asy 1'in~ 265.4 tNt te th~ p~i~ et int~rs~ati~e+ of ssid railrNd righ! of wy lin~ ae~d th~ north lin~~ ~xt~nd~d w~t~rd ~t MfEE• Subdivision, as p~r pl~t tF~r~ot rscordod in Plst 8oek 4~ Pag~ ~4 ef th~ St. luci~ Countr, Florida public r~cordsi th~na south 67 d~g. 32 win. Ml~st 348.29 ; tNt to tF~ ~asterlr •dgo of th~ Sevannah= tbnc~ w~andsring th~ M~t~rlr ' •dg~ ot ths Savannah, run ~orth 26 d~g. 06 ~in. Ml~st, ~Il?. ~ t~~t te tM north lins of S~atisn 5, to~ship 37 south~ r~ng~ 41 ssst= tMna~ north ' 89 d~g. 44 ¦in. East, elong tl» north lin~ ot ssid s~ction 5, 399.3 t~~t i to th~ poi~t ot b~ginning, containing 2.?3 ~cr~~. For a source of title see Deed Book 197 Page 405. ; ~ ~ _ ~rlando Acct._ #10 Tp('ETHHR W1TH all and singulu the w+ays, easemrnts, tiparian and ahet righcs, and all cenaneacs, 6eredicaments and ap- purcenances cherrunco belonging or in wywix appercaining, and all buildings, scrurnua sad ahet improvemena nwv on said laad or chac hereafcet may be erecced or placcd chereoa, and all fimues anached chenco and all rencs. iacaane. iuues and profits aoccuing ~nd co aaru~ thenfroan. - Z'O HAVE AND TO HOLD che above described pcopercy anco che Mongagee, ics succeuors aad issigns. 'I'he Morcgagor hereby covenana wich che Mongagee chac che Moagagor is lawfully seized of che fee simpk dck ou d~ ~6ore described propercy and has full povver and auchoriry to granc, bargain, sell aad mongag~e the same m che Moitgsgte; e5at ~id ptop- erry is free and discharged fro~n all licas, ennimbrances and daims of every kind, including wca and asses~ne~t; t6at s~id Mott• gagor. his }xus, l~gal represencacives and successon. s1uU warranc and defend che cide co said properey unco tip Mort~$ee a~aia=t chr laaful daims and demands of al! persons whomsoeeer, and will malce such fuccher assuranaes to p~fect t~e fee simpk ntk to said Propercy in che Mongagee u may be reasonably required. PROVIDED ALWAYS, and chese pre~eucs ue npon chese express condicioos, chac if Morcgagor ~hsll prompcl~ pa~ ~o Moctgaget one cercain promissory nae, evm date herewuh, made bq Moccgagot to Maccgagee w cbe priaapal amanat af ~ P4Y~le in moachly inscallmeaa af =----------~--~~'1--~ each. the luc inscallmmt beit~g dne aad ~ WT+bk O° 19~ and uncil full paymenc chereof~ or any ezcensioas or rear~vals thatof, in wbok ; or in parc, aad payment of~ indebcedness or IiabiGcy chac may become dae or owiag hereunder and secvred heteb~, shall hith- ~ fullq and prompd~ rnm~ wich aad paform ruh and every aha oovenanc pmvision haein on ch~ put of Madcgagor to be oom- C plied wich and petfotme~ thm these praencs shall be void ~ E 'Ibe Mortgagor furcha covenancs and agees wich che Morcgagee u follows: To pap che indebcednas recicecl ia and evidenced by said noce and anq ezcensioas or renew~als chereof, and all othet indebtedness or liabiliry haeb~ secvred, boweva created or cwidenced; to par all cases, assessmenes, levia, liens and encumbranca of e~te~r kind and nacure oa said propercy and upon chis mongage aad nae ud the moaia secvred haebY Pr~P~1 phen due and bef~e de- linquerny thereof; to pa~ all coscs and expenses incurred or paid by che Motcgagee in oolletting the indebtedness heteb~ st+cvc~ed oc ;n enforcing or procecemg che righes and secuciry of che Mongagee hece~nder, including reasooabk acmcney's fee if plaad in the hands of aa aaomey, whecha~ rnllecced by forecloa~ue or ocherwise; co keep all buildings and uruccura aow? a bereaka a~ecoed upon che moccgaged Premises, cooscandy icuiued in an amoune aot less chan che priacipal amounc of che nace afocesiid againse a11 ~ loss or damage by fire, windstorm or tornado and wacet dunage, u may be tequired b' the Mongagee. aad in a campaa~ oc oom- pania aaepcable co said Mongagee. All said policia and renewals chereof s6all~ca~cam srandud morcgagee ckn~es ~vich ot wicl~ouc full~ concr,bucion u che Morcgagee shaU require. and in such fotm u shall be sacisfactocy to the Morcgagee b~ ~vhic6 aa~ b~ a damage under said policia shall be payabk to che Morcgagee u ia inceresc may ~ppac. Ic is funher covenanced chac che Mongagee may advance monia [hac sl~o~ild have been paid by Mongagor bereus~det in ader co praect uid properh? or the licn or secvriry heccof, and Mortgagor agrees wichoai demaod to forthwich repa~ wd~ munies, w6ich amoum shall beu iacerac froan rhe dsa so advanced nncil paid u che nce of sis (6%) Pec cenc pa annum and shall be oonsidued u so muct~ addicional indebcedtxss sccured hetebq; but no paymeat by the Mottgagee of aay wch monia s6aU be deemed a .vaivu of che Morcgigee's right co dedare che pcincipal sum due bereunda by reason of the dehulc ae viduien of Morcg~gae in ~ any of his covenana hereundu. . ~ 'Ibe Moagagor Eucther coveaana co keep aaid propecty and the buildiags now loaoed cbereon or baeaka to be er~cced chereon ~ in good repair and to permit, cam,nic or suffa no .vasce, impairn~enc a daaiasaoei tbereof, and to compl~ saiul~ with aU laws ~ u~d gcrvernmeaal reguladoas aad nila affeccing said properq a ics opentioo:' , ~ Ic is furcha eavemnced ud made che essence haeof ebac ;n case of def~t #ac chicc~ ds~n ia che pqmeac of- an~ wa~s of moae~ co be paid heceunder b~ che Mongagor or in che performance of any c~f 4he ~i~dv~bana he}~lin a~ cbe puc of che Mar ~ co be performed, chen ic shall be opcional ~vich che Mongagee eo consider a11 unmaturcd indebe~ednas~ or Wbilie~ secvr~d ber~ ~ ~ including an~ addiciom! snms hereunder advanced and xaiced herebr and an~ in~eresc due cherton, as ianmedizcd~ due and pa~sWe, , aichouc danand sad wrichoUt naice or dedaracion of ssid opcion, and the Mottg~be,sh~ll htve tl~e right focth~rith co inscievte ~ Praceedings co enface c6e col(acion of all moaia secured herebq inciuding cbe rigbt co foreclose che lien bereof. ; ~ oocu~xrwn sr~ o n+~a ~HSrRUM~r vaaP~ sY ~ ~ AfFU~ED i0 OItf~INAL +f .3 • NorE ~wu c~cat~ • J. L. Moore F o~~ ~w.2~o SOUTNEASTERN GUARANTEED T~TLE b INSURAf'IC~E ' . ],500 NORTN DALE MABRY . . ~ ~ ~ ; ~ r~ j! ; tAIIPA 1~ FLORIDA ~ ~~i88 ~ 185 ~ ~ _ : ~ ~ _