HomeMy WebLinkAbout0248 ~0 Orlando
144 mos.
~ 2~ ~2482
Mortgage Deed - Florida - Jim Walter Homes, Inc.
THiS INDBNIIJRF, Madt this . . . ~ ~
S- ~r ot . Ae~c EM tt3~ ~t . . , A.D 19 7.0
bet~reen ,D ~JI~IE.I.......HD.t..R.C.Qy.4~ar_xi..~.~~-~
of __~~t!~Z,~Er ..___,~~t:._E~~l~._.._. Counq, Plaida, heteinahu alled Moctgagoc, and JIM WALTER HOMES, Iac.,
• Florida oorporstion,'Tunp~, Florida. beteinafcet callcd Mortga,ge~, . _
WIINBSSBTH: TLac Morcgagor, in coasideacion of che muaW covenana aod coadiciom eonained and of a6a ~alwble oon- .
:ideradon ~li~aed bp che Moetgagee co che Morcgagor~ receipc Mhereof is herebp ackno~rledge~i, doa bereb~ scaar. bac~iq ~di,
usigq cnasfer, conve~ ard coafirm unco Morcg~gee che propeccy sicosce in _.St Lucie.~_-----M-------- plotid~, ' ~
dacribed as:
~oT s' / s' ~ N• / 6, !3 o q?~ sv ~v ~ ni p~',~~e c s,~ S ~
A~1~T .3 $oOK q Q,~~ ~o , S'T. L.UC/E c'ov,V~/
r~'~Rr 0/~ ~ . ~,'J ~
For source of title see Deed Book 9 Page 67. ~OOCUMENiAAp'STN~
AFF?XEu i0 0 ..CI 4
HOTE AHD GkCfl~El~
Orland~ /~cc~. #10
Z~OC'81HHA WI'I'H aU aad singulu the ~aps, essements, ripuiaa aad ahet tights, and all teaemena, 6ec+editaonentt ud ap-
punwanca themu~co belongiag or in aaywise appemining, and all buildiaas,chereto and all ~t ~~~a aow oo stid laad
or c6u beraher may be erecced or placed chereoa, and all fixcuces accad~ec~~ reats, incame, issua and p~c~ofia ~accuing
,nd co aatne thereft+am.
1~0 HAVE AND ?O HOLD che above d~saibed propeny unco che Morcgagee, ia waasas and assigos.
Tbe Martga,goc bereby c+o~e~aaa wich the Mongagee chac the Mongagcu is la.vfully sei~ed of the fee simpk dck to tbe abo+e
described peopecc~ and has ftill power and auchaicp co geanc, bargain, sell and morcgage che :ame to cbe b[atgag~ee; thac said peop.
erry u fm and dischuged fram all lieas, encumbraaces u~d daims of evay kiad, iaduding a~a uid assessmmes; rhu said Maec
8a8or, his }kies„ leg,~! represmuciva and succ~uors. shall wuranc and defend che cide co siid propenT nnco che Morcgagee aaain~c
che 4~rfut daims aad demands of all persoas whomsoever. and w?ill malce stuh furcher uwnooa co petfecc t~e fa ~mpk ride m
said prcpenl? in the Mac~agee ~s ms~ be teasooably required.
FROVIDED ALWAYS, and these praeuts are upon t~ese ~ptess condicions, th~t if Mortgagot shall prompcl~ pt~ tp
hforcgsgee ooe oercaia prnmissor~ noce. even d:ce berewich, made bp Morcgagar co Mac
ga8ee in tbe princip~i aa~onnt ef
;--~-1-~=~..~
~ pa~able in monchty installmma of ;---l~-~s--.~_Q__-- each, tbe lasc insallmeat being dne and
Pal~We on -~"--,-~J~L_~l_1~13, ~ 19~-3-, and uncil f~l pa~menc chereof, or a~? esteations ae rearwats thaeo~f, in w6de
e
or in parc, wd pqmenc of att acher ar tizhiliry chic any become due or owing hereuada u~d secvred lxreb~. sh~ll fsith-
Eully and prampd~ a~m w?icb and perfarm ach and rveq aha covtnanc pcavisioa haeia on che pare of Matgagor to be ooar
plied wich ud perfocme~ chea cLae praena s6sll be void.
TLe Macgagor fiucher c~ovenancs and agrees wich che Morcgaga u follo.vs:
To pa~ che indebcedness reciced ;a and evidenced b~ said nae aad aay exce~ioos or reneRn~ls thenof, aad alt od~er indebcedness
or liabiliry hereb~ secured, ho~?ever creaud or evidencrd; co pay al! cua, ~ssessmenrs, levies~ leeas aAd encvmbrances of e?e~ kind
and aa~rr oa said propetc~ iod upon chis mongige and aae ud che manies secured herebl P~P~f ~vhen doe aod before d~ ~
tinque~y chercof; tio pq all coscs and ezpenses iacurred oc pxid by cbe Mongagee ia colleccing c6e indeboedness 6ereb~ iavred or i
in enfac;ag or procecting che righa and secucicp of che Mongagee hereunder, including reasooabk accorar~'s fe~ ~f plaoed ia che ~
hands of an s ,~vhec6er cotlacrd by foreclasure or ochervise; co kerp all buildings and scructura Aow ~ hemha erate~d .
~P~ ~~~P~~. comm~d~ iasured in aa amoanc na less chan che priacipal aaionnc of che no~e afacesaid agaiasc sll
loa or damsge b~ fire, ~vindscam or cornado and ~vata damage, as may be required b~ cbe Moccgagee~ and ia ~ oomp~ a rnm-
pania aaepcable to uid Mongagee. All said policia and renewals cbereof sh~tt canain scandud ,moccgagce ctauxs with a wicbo~c
ful! coau~buc,an as dse Morcgag~ee shall reqcure, aad in wch form ~s shall be sacisfactor~ m the Morcg~gee b~ which an~ bas a
damage nnder ssid policie~ shall be pa~abk co che Moccgagee u ics incerac may aPpear-
i Ic is funber covenanced chzc che Morcgag~e may zdvance monia c}uc should have beea paid b~ Mongagor hereuada in oeder
co procecc said pro~ercy or che lim or securiry hereof, and Morcgagor Agrea wicbouc demaad to forch~vith repq suc6 monies, w6ich
amounc sh~U bar woaac from che due ~o advaaced uncit paid u che csce of six (6%) pec anr per aanum acd shall be eoesiderrd
as so mucb a,ddiriaoal 'u~ebudnas saured txreby; but no pa~meac by cbe Moccgagee of at~ wch monia a6all be deemed a
.va;va of che Morcgagee': nigbc m dedue che principal sum due tureuader b~ reason of tbe dehulc or rioLriar of Morcpgoe ia
any of his cavenana herrunda.
'Ibe Moagaaar furcber covenana co keep said propercy and che buitdings naw loaced c~ereon oc baraka oo be a~co~d ~
in c~epair ud oo permi~ cnmmic or suffa no wasce, impairmear or decerioraaoo cbereof, sod o~ oompl~ stricd~ ~vicb ~ll Lws
gavanmenal xgu4riaos ud n~s iffeccing said proper~ a ia operuioa.
Ic is fuaber ooveaanced and made the esse~e haeof chac in cue of defaula foc chirry di~n ia cbe pa~menc of a~ wms of
mone~r to be paid baeunda b~ che Morcgagor or in che performance of any of cbe crnreaaaa herein ou che parc of cbe Mac
co be petfonaed, tben it ~hatl be opcioaaf ~vith che Martgagee co cauider all unautured iudebtednp~ or Wb~7iq se~un~d ba~~ ~
inclnding ury sdditioaa! snaa: l~ereunder advanced snd srcured her~eby and aaJr incensc due chereon, as immed'ucel~ due ~ad pa~able,
wichouc danand snd wrichouc oocice or deduacion of said opcion, and che Mongage~ shaU hive che rig6c foahwich co ieutieute
proceedings to eaforce che "colkccion of all monia saviced hereb' including cbe right co foreclose cbe Gen 6ereof.
THq INSTRUMENT PREPAREO BY
~ "i 07~ 1~.~--
PORY J~.z~o SCUTilEAStERN GU'~RANTEED TITIF & IySU°A~'CF Cp
1~01 NQ Tu D'(E ht 8;Y
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