HomeMy WebLinkAbout1891 1
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Lot 22, Block 26, SUNIAND GARDENS, according
to the plat thereof, as recorded in Plat Book
8, page 32, of the Public Records of St. Lucie
County, Florida.
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together with all rights, interests, euements, hereditament: and appurtenances thereunto belonging, the rents, issues, and
profits thereof and revenues and income therefrom, all improvements and personal property now or later attached thereto or
reasonably necesury to the ux thereof, including, but not limited to, ranges, refrigerators, clothes washers, clothes dryer,
or cupeting purchued or financed in whole or in part with loan funds, all water, water rights, and water stock pertaining
~ thereto, and all pa ments at any time owing to Borrower by virtue of any sale, leax, transfer, conveyance, or condemnation
~ of any part thereof or interest therein-all of which are herein called "the property";
i TO HAVE AND TO HOLD the property unto the Government and its assigns forever in fee simple.
~ BORROWER for himself, his heirs, executors, administrators. successors and assigns WARRANTS THE TITLE to the
property to the Government against all lawful claims and demands whatsoever except any liens, encumbrances, easements,
reservations, or conveyances specified hereinabove, and COVENANTS AND AGREES as follows:
` (1) To pay promptly when due any indebtedness to the Government hereby xcured and to indemnify and save harmless
the Government against any loss under 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 holder, Borrower shall continue to make payments on the note to the Government,
as collection agent for the holder.
(2) To pay to the Government such fees and other charges as may now or hereafter be required by regulations of the
Fumers Home Administntion.
(3) If required by the Government, to make additional monthly payments of 1/12 of the estimated annual fazes,
assessments, insurance premiums and other charges upon the mortgaged premises.
(4) Whether or not the note is insured by the Government, the Government may at any time pay any other amounts
required herein to be paid by Borrower and not paid by him when due, as well as any costs and expenxs for the preservation,
protection, or enforcement of this lien, as advances for the account of Borrower. All such advances shall bear interest at the
rate borne by the note which hu the highest interest rate.
(5) All advances by the Government u deuribed by this instrument, with interest, shall be immediately due and payable
by Borrower to the Government without demand at the place designated in the latest note and shall be secured hereby. No
such advance by the Government shall relieve Borrower from breach of his covenant to pay. Any payment made by Borrower
may be applied on the note or any indebtedness to the Government xcured hereby, in any order the Government determines.
(6) To ux the loan evidenced by the note solely for purposes authorized by the Government.
~ (7) To pay when due all taxes, liens, judgments, encumbrances, and auessmenu lawfully attaching to or useued against
the property, including all charges and assessments in connection with water, water rights, and water stPsl~ s to or
reasonably necessary to the use of the real property described above. and promptly deliver to the Governrrt~rtt'~ ~ut demand
receipts evidencing such payments.
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