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Mortgage Deet! Flor~da Jim Walter Homes, Inc. ~~ll,~
7111S IND~NIURE. I?lade t is day of .._.~~N~---...-•-----•/-----------._...... . A.D. 19
betwcen l9../.~~~C~~--•~"!4-~ll/lIll and .~f._~.--l=1
~-l.~l~.~Sl./.¢ ~(.Q . husband and wife
of ._.~~...eL.lc~ C_1.~________________________________ ___County, Florida, hereinafter ralled Murtgagor and llM WALTER HOMES, lnc.,
a Flurida Corporation, whuu mailing address is, P.O. Box ""_601 Tam~. Florida, 336?~ hereinafter called Mortg~gec.
WITNESSETH: That Mortg:?g~r, in c~~nsideration of the muwal covenants and conditions contained ar.d of other vatuable cun-
si~teratiun delivrred hy the Mortgagec to the Murtgagor, receipt whereof is hereby acknov?ledged, dces hcreby grant. bargain. sell.
assign. transfer, convey and conCrm unto Mortgagee the p[operty situate in __.~..~_~_.~_LC Gounty, Florida.
described as:
Lot l, B~ock 31, PARADISE PARK, accordin_q to the Plat thereof' as recorded
in Plat Book 8, Page 17, of the Public R~cor:is of St. Lucie County, Floridt~.
For S~urce of Title See Deed ~ook OR 172 Page 2971. "
nlGE1'HER WI7'H all and singulu che ways, eisemrncs, ripar+an and ocher righcs, and dl cenemena, headicamena ~nd ap-
purcmacces chereunco belanging or in anywix appercairsing, and all buildings, sccuccures and ochec improvemena now on said land
or c.hat hereaftu may be erccced or placed ch~ccon, and all fixewa auached chececo and all reacs, income. iswa and peofits ~otnuog
and co acuue cherefram.
?O HAVE AI~'D TO HOLD che above described properry unro ~he Morcgagee. ics suaessas and assigns.
'Ibe Mong{gor hereby cav~nina wict~ che Morcgagee chac che Morrgagor is !~wfully seiud af che fee simpk tick to [he aboTe
descrioed pmQerry and hu full power aod auch~riry co gnnt, bargain, setl and morrgage che same co the Morcg~ce; chat said ptop-
ercy is ft+er and dixhuged from all liens, encumbrances and claims oE every kind, iea~ding caza and usessmencs; thit said Matt-
' gagot, his heirs. legai npresencacives and successors, shall wuranc and defend che tick co said pmprtty unto the Mortgag~e tatiwt
che izwful diims and demands of all persons whomsoever, and aill make wch furchtt auuranoes to pafecc t6t fee s+mpk dtk t~
said pcopett~ in the Morcgagee u may be re:sonabty required.
PROVIDED ALWAYS, and these presents are upon these ezprrss conditions, that if Morcgagot shall prorapd~ pa~ o0
Morcgagee one ain promissoty nae, evrn dace hrrewech, snade by Morcgagor co Morcgagee in che principal amount of
` _----~--~~1--~-T__~'__~---------.. W7ab1_ ia monchly uucallmrncs of =.-l ~3• tach. che lut installmeat beiqg due at~
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paTable m__5~~~~~--~~~_~--, 19 and uncil full Q~ymenc chereof. or an~ ezceasioas or cenrwals chereof. in whale
j or in puc, and payinenc of all aher indebcedness or liability chac may become due or owiag heceonder and secuced haeb~. s6al! faitb-
full' and prompcts rnmply wrich and perform e3ch aad every ocha covenanc pravisioa harin oo cbe puc of Ioi~gagor to be aoan-
plied ~vich aed petformed. chen chese preseacs shall be voed.
The Mongagor furcher cove~uncs and agrers wich che MoRgagee u follo.vs:
To pay che indebcedness reciced in and evidenced by said noce and any e:eensioas oc ret~vals chereof. and all other indebtedoess
or liabiliry herebr secured. bowever crraced or evidenced: co pay al{ cazes, 3.ssessmena, leoia, L'ens ud axvmbnnces of e.e~r k;nd
and nacurc on said pmpercy and upon chis morcgage u?d nae and che moaies secvred haeby prampct~ wben dae and before de-
linquency cbereof; ro pay all cosrs and ~:penses incurred oc paid by che Morcgaaee-in colleccing th~ indebcednas hereb~ secvt~ed ae
in enforcing oc ptocecang che righes and securiry of che Mortgagee hereunder,, induding reasoo~bk aetorne~
s fte if plued in tbe
Aands of an acco~ney, whe~er rntlecced b~ foreclaaure or aheraise; so keep all buildings aad scn~aures now ot hereakec etc~ced
upon che morcgaged pre~mises, consrandy insured in uz uaounc cat less cnan rhe principnl amount of che note afortstid against all
l~ss or damage by fire, wirdscorm or cornado and wacer damage, u may be rcquired by che Margagee. wd in a aampan~ a cam-
p~nia accepcable co uid Morcg~gee: Sll~a~id po;icies and renewals chereoE shall conain sandud morcgagee cLuxs wicb or wictwuc
fuil coocribucian as che Mongagee shiq re~quire, and in such fotm u shall be sacisfactor~ to the Moctgagee b~ wbich ~ lo~s a~e
damag~ uadet said policies sfull be pnyabk co cl~e Morcgagee u ia inceresc may appeu.
Ic is funher covrnanced chac che I~~oagagee may advance ma~ia r6ac should have been paid by Moccgagot beteundet in oe~der ~
co procecc said prop~rcy or che lirn ot securiry hereof. and Moregagor agrees ~vichouc demand m focd~~ich repa~ sud~ monies~ which
amounc shall beu inceresc from che dace so advanced +uicil paid ac che nce of six (6%) per cmc per annum aad sha11 be coosidered
u ~o mucb iddicional indebcedness secured hereby: buc no psym~nc by che Mocegagce of a~ such mooia shall be deemed a
~ .rai~er af chc Morcgagee s righc co declue chc Qrinripal sum dur hereuader b~ reuon af ~he defiulc ot vio4tion of Morr,~r,a~or in
an~ of his covenana hereunder.
~ 'I~e Moccgago~ Eunher co,rc~ann co iceep xid Propercp and che buildings aow locared cbereoa a hereafta m be eeected tbe~e~an
in rep~ir and m permir, cammic or suffa no .vasce. imp~irmenr or decerioracion chereof. ~ad m complT ~ wic6 all 4ws
go~vernmmal regeilanons ud nila affeccing said propere~ ot ics operacion.
Ic is furcher tavetunted and made che essence herenf chat in case of defaulcs Ea thirty days in tbe pa~t of a~ snms ~f
~ mone~ co be paid hertunder b~ the Morcgagot or in che perforrrunce of any of che covenancs hercio en tbe patt of the Mott
" co be performed. :hen ic shaU be opcional wich che Morcgagee m consider all unmatwed indebctdness ot liabiliq secuted 6rn~,
~ iuclndiag :n~ addicional ~ums hetrunder zdvanced and secured herebp snd any incercsc due tlurecx~~ u immediae~el~ due aad pqabk,
~vichout demand snd wrichoc~c nocice or declararicx~ of said oprim, and ct~e Mostgagee shall hare the right fotchwrith to iwtitute
~i' PfOC!'tdlpgS [p MfOfCt tIf[ COIJKtlOf1 4E ~ mooia secured herebr includinA ehe righc co foreclose ehe lirn l~ereof.
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