HomeMy WebLinkAbout2896 E3ranch ~ L' !l ni l~ U ;~o. \tos 1~ O
Mortgage Deed - Florida - Jim Walter Homes, Inc.
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Tt11S INDEN7IJRE. Made this day of . A.D. 19 _7_~...
hetween ~~.1;^~ °r. L ~'~T~--•'~-- -and..__1=~LiL.A..~3~..TN.._L_._:.j'v~=1~J)},husbandandwife
uf _._.._Q! r.:_._~_!L..~ 1_~r ..............................County, Florida, hereinafter called Mortgagor and lIM WALTER HOMES, Inc.,
a Florida Corporation, whose mailing address is, P.O. Box 22601 Tampa, Florida, 33622 hereinaCcer called Mortgagee.
WITNESSE'I1-1: That Mortgagur, in consideration of the mutuai covenants and conditions contained and of other valueble con-
sideration delivered by the Mortgagee to the Mortgagor, rcceipt whereof is hereby acknowiedged, does hereby grant, bargain, sell,
assign, Iransfer, convey and conPtrm unto Mortgagee the property situate in T.~.~' V r 1~Y . County. Flurida,
described as:
Lot 19, Block 5~, Indian River Estates, Unit 7, in Plat Book
10 page 75, St. Lucie County, Florida.
.3yo.~ -~ob'-o3~7-aoo~q -
RfCE1VED y ~ IH PAYMENT OF TAXES
~ D'JE UN CLASS 'C' INTANGIBIE iERSOt~AI PROpER(Y,
PURSUANT TO CflAf"F~ 71-]34, ACiS OF 19/1.
RO(iER POIIftAS
CIERK CIRCUIi C(h1R(, Sf. LUI:IE CO., Fl/~
~I~-fi't!c Lt~
Pook:._ 237, Page: 2965 (for source of title)
1~0C'E'PHER W1TH all and singulu che ~rays, easemrncs. riparian and aher righcs, aad all cenemena. heredicunroa and sp-
purcenances theteunco bcloaging or in anywix appemining, and all buildings, scturnues and ahet improvements aow on said land
or chac henifter may be a~cted or placed chereon, and all fixcura accached chereco and all rencs, incomr, issua and profits uciuing
and co aarue chenfrom.
TO HAVE AND TO HOLD che above described properry unro th~ Mongagee, ics succason and assigns.
'I~e Mongagor hereby covenana wich ~he Mongagee chac che Morcgagor is lawfully seiud of che fee simple cide co che abote
described propetty and hu full power and authotiry to granr, bargain, sell u~d morcgage che same co the Motcgagee; that said pro~p-
erry is hee and dischuged itom all liens, encumbranca and claims of every kind, induding cua and assessmena; that said Mat-
gagor, his heits, legal npraenacives and successors, shall warranc and defend che cicle co said properry unco the Mortgaga agaiwt
che lawful claims and dcmands of all persons whomsoever, and wiU malce such fuahet usuranca to pafcct the fec umple title to
said propetcy in the Morcgagee u may be teasonablq required.
PROVIDED ALWAYS, and chese ptes~nts att upon these express tonditions, that if Mongagor shall prampci~ pay w
Moccgagee one ceccain promissory nae, even date herewich, mad~ by Mongagot co Morcgagee in che ptincipal amount of ~
Z Z O 0 0 G-Q------ able in monchl inscallmrncs af j.Z 2"~ each, che lasc iracallmrnc be' due and `
_ P~7 Y ~ _ ~8 ;
' pnyable on !r----------------------- 19 Q_~. . aed unril full paymenc chcreof. or any ezcensioos or rene~vals thereof, in whde
or in patc, and paqmenc of all aher indebtedncss or liabiliry chac may become due or owing heteundet and secvred haeby, shall hith-
fully and prompdy c~mpl~ wich and paform each and ever~ ocha covrnanc provision haein oc cbe pacc of Morcgagor co be com-
plicd wich and perfortned. tt?en chese presena shall be void.
The Morcgagor furcher covenanrs and agrces wich che Morcgagee u folloovs:
~ To pay che indebcedaess r~ciccd in and evidetxed by said aoce and any extensiau ot rer~ewals thenof, and all otber indebtcdness
' or liabiliry henby secvred, however crcaced or cwidenced; co pay all caza, assessmencs. levies. liens and encvmbraeces of rvet~ kind
` and nacure on said properry and upon chis mongage and nae ud che monies secured hereby ptamptly ~vhea due and befote de-
; linquency thereof; co pay all coscs and espenses incurred or paid by the Mongagee in tollcccing tEie indebcedness haeb~ s~cviced or
in enforcing or praecnng the tigha and securiry of che Morcgagee hereunder. induding reasonabte attorney's fee if placed ia the
hands of aa accorney, whecher collecced by foredosure or ocherwise; co keep all buildings and scnun~ta no~r or 6aeafta erected
` up~n che morcgaged premises. conscandy insured in an amounc noc less chan che principal amount of che aae aforesaid againsc atl
~ loss or damage by fite, ainduorm or totnado and aacer damage, u may be requiced by the Mottgagee, and in z rnmpany ot com-
E pania aaepcable co said Mongaga. AU said policies and rmewals chereof shall concain scandud mongagce clausa wich or ~vicl~ouc
~ full concribucion as che Mongagee shall require, and in such form as shall be sacisfaccory ro che Morcgagee b~ Which aq loss a
S duaage under uid policia shall be payable co che Morcgagee as ics incerac may appeu.
~ Ic is furcher covenanced chac che Moagagee maq advance monia chac shaild have been paid by Morcgagoc heteunder in order
~ ro procecc said propetcy or che lirn or sccuriry heceof, and Morcgigor agnes wicho~c demand to fath~rich repa~ such monies, ~+hith
unounc shall bru incerest froan che datc so advanced uncil ~id ac che nce of six (696 ) per cenc pet annuan and shall be considercd -
€ u so muc}~ addicional indebcrdness xtvrcd hercby; buc no payanent by che Morcgagee of a~ snd~ monies shall be deemed ~ '
waiver of cb~ Mongagees righc to dedue che principal sum due hereunda by rezwn of cbe defaulc or violacion of Morcg~gor in
f
; any of his covrnana hecennda.
3 'Ibe Mortgagor further cavenana co keep said propercy and che buildiags no~v locarcd thereon oc heteaka to be erected tbereon i
~ in good npair and co permic~ commic or suffa no wasce. impairmenc or decerioracion cbereof. and co campl~ scricd~ wirh all laws y
£ and governmenal regulaciocu u~d niles affcccing said properry a ia opeacioa ~
Ic is furcha covemnced and made che essence hereof chac in case of defaulcs fot chitcy days in the paymeat of an~ sums of {
~ money co be paid hereunder by che Morcgagor or in chc performance of anq of che covenancs herein on the puc of the Mongagor
- co be performed. chen ic shaU be opcional wich che Morcgagee ta consider all unmaturcd indebcedness oc liabilic~ secnred herebp,
_ including any addiciooa! sums lureunder advanced and sea~red hercby and any interesc due thereon, u unmediicd~ due and pysblt.
_ wichouc demand and ~richouc naice or decluacion oE said opcion, and che Moicgagec shall hive che righc forchw~ich co iasticuce
proceedings co enforce che collacion of all monia saured hereby icxludiag che righc ro foreclase che lien hereoE.
p; THIS ;NSTRtJMENT PREPARED BY
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r oocu~Enr~r srw~
PORY JM.,~o ~cFncm ro oe~c,r~uu OF IM W'ALTER HOMES I C.
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