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HomeMy WebLinkAbout0841 . ~ ~ ~ i~ , ~~V Lot 4 and the East ~ of Lo.t 5, Block 38, ~ gUNI.AND GARDENS, PLAT #3, according to the plat thereof, as recorded in Plat Book 9, page 67, of the Public Records - of St. Lucie County, Florida. . , , ~ ; . . f _ ~ t ~ a together with all rights, interests, euements, hereditaments and appurtenanccs thereunto belonjting, the rents, usues, and ~ ~ profits thereof and revenues and income therefrom. all improvements and personal property now or later attached thereto or t rea~nably necessary to the use thereof, including, but not limited to, ranges, refrigerators, clothes washen, clothes dryen, ~ or cupeting purchased or financed in whole or in part with lwn funds, all water, water rig~ts, and water stock Pertaining : ~ thereto, and all payments at any rime owing to Borrower by virtue of any sale, lease, transfer, conveyance, or condemnation ; ~ of any part thereof o~ interest thecein-all of which are herein called "the propertr"; TO HAVE AND TO HOLD the property unto the Government and its assigns forever in fec si~nple. BORROWER for himse!f, his heirs, e:ecutors. ~dministrators, succeuors and assig~s WARRANTS THE T1TLE to t e ~ ~ proPerty to the Government against all lawful claims and demands ahatsoever except any liens, encumbrances, easements, ~ reservations. or conveyances specified hereinabove, and COVENANTS AND AGREES u follows: ~ (1) To pay prompdy when due any indebtedness to the Govecnment hereby ucured and to indemnify and save harmlas ~ the Government ~g,ainst any loss uoder its insurance of payment of the note by reason of any default by Borrower. At all ~ times when the note is held by an insured hoider, Borrower shall continue to make payments on the note to the Government, Z u collection agent for the holder. ~ (2) To pay to the Government such fees and other ch~rges u may now or hereafter be requued by regulations o t e ~ Fumers Home Administration. 'f (3) lf requ'ved by the Government, to make additional monthly payments of 1/12 of the estimated annual taxes. ~ assessments, insurance premiums and other charges upon the mortgaged premius. ~ (4) Whether or not the note is insured by the Government, the Government may at any time pay any other amounts required hecein to ~ mentbof Bth~is 1 en~ as advances for h a couna of Bonower 3All such advances shall bear in erest at~the ~ protection, or enforce } rate borne by the note which has the highest interest nte. . a (5) All advances by the Government u deuribed by this instrument, with interest, shail be immediateiy due and Payable by Borrower to the Government without demand at the place des~'gnated in the latest note and shali be secured hert y. o ~ such advance by the Government shall relieve Bonower from breach of his covenant to pay. My payment made by Borrower ma be applied on the note or any indebtedness to the Government ucured hereb}r, in any order the Government determines. ~ (6j To use the loan evidenced by the note solely for purposa authorized by the Government. n y ~ (7) To pay when due all taxu, liens, judgments, encumbrances, and assessments lawfully attaching to or uscued against ~ the Property, including al) charges and assessments in connection with water, water rights, and water stock pectuning to or I ~ reasonably necessary to the use of the real property described above, and promptly deliver to the Gorernmeat without demand ~ receipts evidencing such payments. y ~ 841 ~ - _ ~:~:r3~14 ~~cE _ s ~ ~ :