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3~~`~2 orlanc~o 18C
Branch _ No. Mos
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Mortgage Deed Flo~ida - Jim WG~ter~ Homes, In~. ~ s
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1HIS INDENRJRE,Made this ..............30th...-----------------.. day of MarCh _,A.D. 19-7~?--_
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Frederick As~_Scharfschw~rd~.~ ,~bao,d.a~i,~wip ~
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of _..._...._.S t. LuC 1 e..:_..____ County, Florida, hereinaftcr caUed Mortgagor md lIM V~'ALTER HOMES2 Inc.,
a Florida Corporation. whose nuiling address is, P.O. Box 22601 Tamp~. Florida. 336?2 hersinafter called Mort~agee. s
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WlTNESSE1l~1: That Mortgago~, in consider2ti~n o[ the mutusl oovenar~ts and conditions oontained and of other valuable ooa- ;
sideation delivered by the Mortg~gee to thc 113ortgagor, receipt whereoi is hereby adcnowledged, dces heret+y grant, batgaia, sell, !
St. Lucie - ~
assigR~; transfer, rnnvey and cont`um u~to Mortgagee the property situate in----------•------------------------------------------ Couaty. Florida,
descn~ed as:
Beginning at the N.W. ~~of the S.E. ~ of the N.E. ~ lying ~est of '
the Five Mile Creek, running along the Creek South Eastward by a
distance of 395' to a point thence West 238' to a point on the
. West line of said property thence North a distance of 315' to the ?
P,O.B. Z,and being_ situated in Section 19, Z1~vsp. 35S, Range ~+0
East, St. Lucie County , Florida. Part of thst property recorded
in Book 224, pages-238 and 239••
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~ 1!1 ~IIriENT OP YIUfE,t
. D!~ ON CIASS'C INTAtIG1elE 'r°QONAt MIOPc~t1Y,
PIlRSIMMT TO CiNP1ER )I-13:. ~ 1971.~~ ~
NOGER POITRAS
ClF1tl( GIICUlT OOURT~ Si WCIE 00. M~
1~p('BTHBR Wl'I'H all an.i singulu che ~va~s, easemencs. ripir;aa and «ha cigha. aad all cecxmaia. lKrediamena aod ap
puroeaaoces thereunco belonging or in anywix appercaining, and all buitdings. sauccuces and ochet improvements now on said laad
or t6at hereaket ma~ be erecced or placed-thereon, and al! fixcura aca:hed cheoeco aad all rencs, inaome. is.wes and pcof'~ aoc~uiaa
and co acaue tberefrom. .
T~O HAVE AND TO HOLD the above dexribed property unco ci~e Mxcgagee, iu suc:asots and usigos.
'Ibe Moccgagoc hereby c~ovenanrs wich the Mongagee cFnc che Moccgagor is lawfully seined of tht fet simpk dck oo tlte ~bo~e
dextibed pcopetcy and hu full pow?er and auchoriq co gnnt, barg:in, sell and mongage t6e same oo t~e M~ thst uid peop~ ~
ut~ is free and disd~?rged Ecan all liens. encvmbnaca and daims of rvay kind, i~duding rua and asseumentr that said D[oct- i
grgor, his 6eirs. legal reptesencaciva and successon, shall wuranc and def~nd che cide co saiei properey uato the Moccgaget aatia~t . =
cbe ls~vful diims and demands of a11 persoas whomsoever, and will tnalce s~h furthet assurantes to pafea d~e fee sampk tide to - ~
said piopercf ia the Morcgagee u maq be tasonably required - ;
PROVIDBD ALWAYS. and chese prese~cs ue upcx~ these acpress condiciau, chac if Mortgagot shaU p~ompcl~ pa~ o0
Mac~ee ooe cerciin pramissocy nae, evm dace hereaich. madc by Morcgagcx co Moccgagee in che principat amoant of
i i---?1-~-336 . oo wrb~~ ~n m«~~ty ~~~n ~ ~-35 ~ t~ ~a~~c ~ ~ ~ ;
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h,--------------- 19 ~l_ , and uncil full pa~menc chenof, or aa~ esceasioos ae renewais ~hereo~ ia wbo~e
~ o~ ia pacc, and paya~enc of all aher indebcedness or liibilicy chac may become due oc oaing hem~nder iod savred haeb~~ s~all hah-
full~ and prompcl~ a~mpl ~vich and petform each and every ocber covenaac pravision ba+ein on t6e pacc of Morcgagoc to be aoan-
plied wich and pafor~ chen chese praencs slull be void.
'The Mongagor furtber covenancs and agrees wich che Moctgaget u follows: ~
?o p' che indebtedness ieciced in and evidrnced by uid nooe and ani e:censioas or renrw~als tbereof. and iI! ocl~a indrbtedaess ;
or Liabilicp hereb~ secured, 6o~?eva creaced or evidenced; co Qa~ all cua. assessmrnu, levies. Gens aad encumbraaoa of e.ec~ Irind ~
3nd mcure on said pt~openr snd upon chis mongage and noce and che moaies secvred t?aeb~ PranPdf when due ~od befoce de-
linqueae7 thereof; to pa~ all c~oacs acsd e:penses incurred ot paid by che Morcgagce in ooll~cting tbe iodebtedness ~ s~cvred ot
ia enfocciag oc proeecang cbt tigha aad secvricp of che Morcgagee beceunder, indnding reasooabk actocaey's fee if placed en che
hands c+f an aa ,~hecl~et collecced by foreclosure or ocherwise; to iceep all buildings and sarnctuta now ac hsrafca eeecad
upoa che morc~premisa, conscand~ insurcd ia sn ~inoune aoc tess chan r!K priocipsl amounc of cbe noce zf~id against all ~
lo~ or damage bp fire, WIt1dStOlm O[ t0[[ItdO u1d WatK d~IIfi~, as may be required b~ c6e Moccgagee. snd ia a oompa~ ot oom- f
pania aocepcabk co said Moccgsgee. All said policia and cenewals chereof shall eonain staadard morcgagee c4uses with or wiehout ~
fuU coauibunon u cbe Morcgagee shall require, aad in such form u slull be sacisf~ to ctie Mortgaga b~ whic6 aa~ loas a !
d~amage uader szid politia shaU be papabk co che Morcgagee u ia incaac may a~sp~ar.
Ic is f~ucher caveoanco~ chac che Morcgagee may :dw~nce monia thac should have been paid b~' Muc~gagor bereundet in ocdet .
co procecc said propaq or che liea or secariry hereof, and Morcgagor sgrees ~virhouc demand to foah~vich repa~ wch monie; whitL
smo~nc s6a11 bear iocaac from che dice so advanced uncil paid u che nce of six (6%) per anc pet annum and sbsU be ooasidet+ed
u ~o mncb addicioosl indebce~nas sec~rcd hereby; buc ~ pa~menc b~ cbe Moccgsgee of a~ wd~ monia sMll be dcemed a
wai~er of ebe Moccgagees righc co dedue che pcincipal sum due hereunder b~ r~eason of tbe dehdc ar iioiarian of Moecg~~oe ia
an~ of his c~o~nts h~nmder. t
'~e Moccgagor f~uci~er covenina co keeg szid propecc~ and rhe buildings aaw loaced chsreon a 6aeaker to be ee~cad tbee~eon
ia repair and co penaic, commic a suffer no wasce, impairmenc or decet;ocacion c6er~of. sod oo ~oomPtf ~~f witb alt 4ws
~+anmenal re;ulaciau and cula sffcccing said properq ar ~u opentioo.
Ic is fiutber ooennnced and made che esxnc~ benof:'tbac in case of defauics foc chire~r da~s in d~e pqmenc ef ao~ wms aE _
mo~ co be paid fieereaadet b~ ebe M aga or in ch'r' ~et~ormance of any of che coveaana ~xxin on cbe parc af cbe Mat ~
reaa er g1
co be perEormed, t6ea ic staU be opci f w:ch. cbe MQtc~ m cansider all unmaturcd indebcedness ac IiabDiq xcnred 6a
b~,
indndina aa~ additiooa! wms haeundet advaticed aad ~ secur~+d beree~'y and an~ inceresc dut chereon, u immediacd~ dne aad P~1s~• s
w?icbouc demand and wichouc nociu or dedu~4~ . of siid qpcrop. tbd che Morcgagee shall inve che righc forchwich co imsic~e !
prooeediods to eafocne cbe oollarioa of a!1 monies tavted h~reb~ incloding che ri~c m foreclose c6e 4eA haraf.
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DOAJMENTi1RYSTA~I THIS INSTR EN'1' PKLjt'AK~ ifY ;
AFFLYEO TO OR~g~l~, . ~
MGRAIIDCr11~I~Ej,J,ID L~~.4:~.• -_._.~._-.E!s.'f.-- `
.oRw 1•-=~0 ~ ~i 6. 6 Zj ' . . P~
L31 i .y ' ~i
OF JIIVt WAL`fER I-IOMES, INC. ~
c••~ u 40 W. Calonial Dr. Orlanda Fla.
: . _ 25 ~ 899 - 5-------------- -
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