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Moitgage Deetf - Florido -~im Walter Homes, Inc.
7711S INDEN1l~RE.Made this---- ------------~_:7....---....._.-------- Ja ol' ---~v~S'~.-----•------,----.__....---..... .A.D. t9..1~--
between ----~CF~S.C/_~! f _r .l.?~--- Gf~~.---~-~.D,f~------- znd ---J.~ ~I1~/~_.... ~-~l~i . hust?and and wifc
of V~_~.f' e~?,~~y, ~lurida, hereinafter calied Mortgagur ~nd !IM WAL'IER HOMES, Inc.,
a Flurida Curporatan, whuse mailing adclress is, P.O. &~x ~~(~1 Tamp::. ~lurid3, ;362'' hereinafte~ caUed Murtgagee.
WITNESSF"I~~: That Murtgagur, in ~uiisiJeratiun uf-thr mutua! ~~ivenants an~! roiiditia^s contained a~~d of olher valuable con-
sideration Jelivered by the [11ort~ngc~ to the Mortgagor, receipt wherL~~f is hcreby ackrow~cd~ed. does hereby grant, bargain. sell~
a~ign. transfer, ronv~y and cunfim~ unto iNortgagee the pro~rty situate in _~]":___~L._ 4~_.1.~____________________ County, F1oriJa.
dexrii~ed ax:
110' X 125` of the Follawing described property. The West 125 ft.
of the East 385 f~. of the South 110 f_t. of the North 250 ft. of the
Nws of the NE~ of the NEa of Section 7, Township 35, page 40.
St. Lucie County, Flarida.
TOCE1'HER W1TH rll and singulu che w~ars. easemrnes, ripar;in and ocher righes. and all crnrmencs, heredicaanena aad ~p
purtenanca cheteu~co belonging or in znywix appertaining, and aU buildings, sttuccures and aher imptovementt now on ssid laad
~t chac heteafter ma~ bc aecced or placed chereor~ and all fixcures accached chereco and all tenu, income. iuues aad peoEia urnut~g
and co acciue cherefrom.
TO HAVE AND ?O HOLD che aboti~e d~scribed properry imro rhe Mongagee, ics successors and assigns.
'Ibt Mottgagot heteby covenana with the Marrgagrc cha[ che Mortgagot is liwfully uiud of the fee simpk titk to che abo~e
dcxribed propercf aad lus full powet and auchotiry co gnn~, bargain, sell and mortgage ch~ same eo che M~tgsg~•e; chat said prop-
erry is ftee and dixhuged from all liens, encumbranca and claims of e~~ry kiod, i~cludiag tua aad autssments; t6it said Mort_
gagcx, his heics, [egat crptesenracires and successors, shal! R~uranr and dtfead che ciclc co said prope~+ unm tbe Mortgagee againx
che la~fiil ~-laims and dcmands of aU ~ersons ahomsoever, and wiU mzlce s~ch furcher usiu~nca co pcrfect tbe fee simple title eo
said propcrt~ ia che Moccgagee u miy be rasonably rcquired.
PROVIDED ALWAYS, and ches~ pr~ncs are upon chese ezpress condirions, chac if Mongagor shall o~
Morcgagee ooe cercain promissory nae, evrn dace herewich, mide by Morrgagor to Mortgagec m che preaa~ a~mou~c pf
_ ----,~0 ~ ~/6. d ° - FaYaS;e in monchly inscallmrncs of s ~ ~L~ " c .
each, h~ lasc inscatlmeat b~'
- u~g due aad
PT~~ ~----/z-~ --S-I .------5---- 19 . and uncil full paqmenc chereof, oc ~y ~zcens~ons or re«...~s chaeof. in whoie
or ia ~tc, and pa nc o( all aher indebtedncss or liibiliry chac rruy become due or owing hereunder and sectired hereb~~ shall hit6-
full~ aad prompd~ mmp1~ wich end puform each and evet; aher covenzat provision hetein on th~ puc of Mortgagor to be oom-
plied wich and performed. cheo chese presencs shall be void.
"I~e, Motc
_gYgoc further covenancs and agrees wich the Mongagee u- follaws:
To pnp ci~eindebcedness mited in and ev~denced by r_:~~ note and any exceiuions or rene~vals chereof, and al! other indebcedness
oc liabiliq hereby secnred, Iwwrrver crcticed or evidenced: co ~ay all caaces. uxssmencs, levies, liens ind en~vmbru~cts of e~ee~ lrind
ind nan~re on ssid propercr and upori rhis mo:tgage and nca~ arx~ che monies secv:ed heteby ptompcl~ wben doe and before de-
li?puenc~ cbereof: co pay all coscs and ~pensrs incurred or ~.:i3 bv che Morcgagee in colteccing che indebtednas bereb~ secvred oe
in eaforcing or ptoceccing the righcs and securiq of thc `r4ottgigee hereutxier, inciuding tessooable ittotney'~e fee if ptaced in tbe
tunds of aa anomey, .vhecher cotlecced by foreclosure or aher~rise; co keep all buiMings aad uruccura oow or beteahet ttette~
upon che moregaged ptrrr;ses, consrantl~ insured in an unounr noc less chan ehe principa.l amounc of the oooe afoetsaid agait~se dl
loss or damag~ b~ fire, wrindscorm or cornado and waca d~mage, u may be rcquired by cbe Mottgagee, and in a aompan~ oc com_
paaits ucepcable to said Mongaget. All said policia and rtnewals theceof shall contain ssandatd moctgsgee c4utp wich o~ w~cho~t
full coocribuuoc~ as che Mongagce shall require, nnd in such form as shall be sacisfatcor~ ra t~u Mongagee b~ which aa~ 3oas ~t
damage under said pol;cia shall be pQyabk ro che Morrgagee u ia inceresc may appear.
Ir is funher cavenanced cAac che Morcgage~e may advante mmia char stwuld have been gaid bi Mortgagot heteuader in oodet
co ptocecc ;aid property or che lirn or securiry hereof, and Mongagar agrets ~ritbout demand co fo~thwich repa~ such monies, wbjtb
amount shsll beu inceresc fcom ehe dace so advanced uncil paid ac che ace of six (6%) per cenc per anauan and shall be c~onsidend
u ao m~h sddicion~ indebcedness secured hereby: buc no pa~mrnc bp che Morcga~ee of anl such monia a~aU be dctien~d a
wai~er of che Moccgsgees righe co dalare che principal sum dur hereunder b~ rc~on of tl~e drh~lc ar rio4tioo of Mextp,g~x in
an~ of his cavenaaa hereundet_ .
The Moccgagor furchec covrnana ro keep said Propecc~ and thr buitdings now,lnoiced cbercon ot l~et~ta(ta c,~ be ~+c~ ~
in repau and ro permit, commir or wffer no wesc~, unpnirmear or dwreri~.,radon cberrof, and ro compl~ s~cd~ w;c5 ail laws
,ga+ernnoenal tegulacions-and nilcs affercing said properry or ics opeacion.
I~ is furchn cmrenanecd and made che rssence hereof ehac in case of defaults foc chite~ da~s in che pa~ment of an~ suoss o(
awoep to be p~id bereunder b~ eht Moregagor or in ch~ perfo:m:nce of any of c6e cavenants henein on the pet~ of the Matt
co be pe[fottned, then it shall be opciot,al vith cht Mortgagee ro crosid~r ul unmatuted indebcrdnes, or liab~7it~ secuted h~
inclodin6 arq sddicioaal stims hern:rder advanced and secured hereby and ans intercst due theteon, u immediatel~ due and p~p~b(e.
.richwt demarrd and wricl~oue aocice or declararioo of said o~~rion, and che Morcgagee shall have clx riRhc forthwich co etutitutt
~coceediags eo rnfonce tbe colieceion of a.ll m~nirs stcvred hereby ~nciuding che tighc co foceclase the lien hcreof_
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