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HomeMy WebLinkAbout2832 4A~551 ~ ~ • Branch Q ~ /4 " " No. Idos 2~ Mortgage Deed -Florida -Jim Walter Homes, Inc. THIS INDENTU ade~' ~ ay of ~ , A.D. 19 --7 9-- ~ ~ ~:.__R_..~ between ~4~''~ l I. ~f and u~fr~.--- - ~ s~ ~ ,husband and wife of ___.._._..~v..~..__.(r ~t.ti.! :G ...........................County, Florida, hereinafter called Mortgagor and JIIN WALTER HOMES, Inc., a Florida Corporation, whose mailing address is, P.O. Box 22601 Tampa, Florida, 33622 hereinafter called Mortgagee. WITNESSETH: That Mortgagor, in consideration of the mutual covenants and conditions contained and of other valuable con- sideration delivered by the Mortgagee to the Mortgagor, receipt whereof is herebyLackn wledged, does hereby grant, bargain, sell, assign, transfer, convey and confirm unto Mortgagee the property situate in ._.__.~a.__T _.._~4! County, Florida, described as: Lot 8, Block A, Harmony Heights Addition # 5 Plat Book 10, Page 34 C of the Public Records of St. Lucie County, Florida - ? ` ~ ~ Ow On dalr'~C" itlMegll~l~/ry~ _ _ .S Yes. _ ::,v-.•7~ .t~. A_~` ~ 'unua~ntTo 71.134„A~Of1pi. - - - ROGER POiTlW Ch?k CbcuR Court. St. Ltado. Co., Mla TOGETHHR WITH all and singulu the ways. easements, riparian and ocher rights, and all ceoecnena, berrdiamena and ap- puroeaaoces thecettnco belonging or in anywise appertaining, and all buildings, structures and ocher imptoveaxnts now oa said Land or chat hereafter may be erected or placed chereoa, and all fixtures attached thereto and all rears, income, issues and ptnfits aonuicig and co aanre therefrom. TO HAVE AND TO HOLD the above described property unto the Mortgagee, iu successors and assigns. The Mortgagor hereby covenants wick the Mongagee chat the Mortgagor is lawfully seised of the fee simplt dcir oo the above desuibed property and has full power and authority to grant, bugaiq sell and mortgage the same ro the Mortgagee; that said prog- eny is free and disdrarged from a!1 liens. encumbrances and claims of every kind, including rues and assesm'unes; that said Mart- gagor, his heirs, legal represencacives and successor, shall wurant and defend the tide m said property unto the Moegagre agsimc the Lwful claims and demands of all persons whoeasorver, and will make such further assurance to perfect the fee dangle tide m said property in the Mortgagee as may be reasonably required. PROVIDED ALWAYS, and these presents ue upon these express conditions, chat if Moagagor shall promptly pay m Mortgagee one certain p issory note. even dace herewith, made by Mortgagor co Mortgagee in the ptinapal amount of so _--~~,~7__l.~f payable is mon~hlyyins~allments of ~--~.~"~y---~~----... ach, tlx last insadlmeac being due and payable oa ~ __t~ 19. and until fuU payment thereof, or any ezteasions oe rraewals thereof, in whole or in put, and payment of all~cher indebtedness or liability chat may become due or owing hereunder and secured hereby, shall faidt- fully and promptly mmplJ vetch acrd perform each and every ocher covenant provision herein on the pare of Mortgagor to be oom- I plied with and performed, then these presents shall be void. The Mongagor further covenants and agrees with the Mortgagee as follows: ~ To pay the indebtedness recited in and evidenced by said Hoer and any excetuiana or renewals thereof, acrd all ocher indebtedness t or liability hereby secured, however created or evidenced; co pay all taxes, assessmenu, levies, liens and encumbratxa of eery kind z4d nature on said property and upon this mortgage and note and the monies secured hereby prampdy when due and before des liaquenty thereof- ro pay all costs and expenses ic>nured or paid bI the Mortgagee in collecting the indebtedness barb, secured err in enforcing or pr..cecnag the rights acrd security of the Mongaget hereunder, including reasomble attorney's fee if placed in cbe hands of as atto~tney, whethu collected by foreclosure of otherwise; to keep all buildings acrd scrtscntca now or haeaker crated upon dte mortgaged premises. constantly insured in as amount not less theses the principal amount of the note afatrsaid against all toss or damage by fire, windstorm or tornado and water damage, as may br required by the Mortgagee, and in a aompaay or com- panics saeptable co said Mortgagee. All said policies and renewals thereof shall contain sandacd mortgagee clansa wim or without full cona,bucion as the Mortgagee shall regwre, and in such form as shall be satisfactory to the Mortgagee by which any leas or damage under said policies shall be payable to the Mortgagee as its interest may appeu. 4 Ic is further coveaanced chat the Mongagee may advance monies chat should have been paid by Mortgagor beratnda in order to protect said property ac the lien or security hereof. and Mortgagor agrees without demand ro forthwith repay suds moaes, whacb amount shall bear inaresc frown the dace >D advanced until paid at the race of siz (6962 pst ant pa annum and shall be considered as so much addirional utdebtedness secured hereby: bur no payment by the Mortgagee of any such mania shall be deemed a waiver of the Mortgagee's right to declare the principal sum due hereunder bl reason of the definlc or ~iohtion of Mortgagor in _ nay of his covenants hereunder. The Moagaga further covenants to keep said property and the buildings Haw looted thereon or barafoa to bt craned thereon in Rood repair and eo gamic, commit or suffer no waste, impairment or deterioration thereof, wad oo comply strictly with all hws a~ governmeaul regu4tions and rules affecting said properey a is operation. Ic is funber covenaaced wad made the essence hereof chat in case of defaults for thirty days in the paymau of nay sums of money m be paid hereunder by ehe Mortgagor or in the pecfotmance of any of the covenants harm oa cbe part of the Matt robe performed, then is shall be optional with the Mortgagee to consider all unmatured indebtedness or Gabtliey srnurd hrnj, indndigg any sddiciaaal sums hereunder advanced and segued hereby and any interest due thereon, as immediately due and payable without danand and without notice a deduacion of said opting and the Mongagee shall have the right forthwith to institute proceedings co enforce the tx?lleccioa of all monies secured hereby including the right co foreclose the Gen hereof. s f T l TRU EN" ' R1;Y U IiY TORY J<••~!0 1111'j OF Jl(~/1/-I`/j /WAALTEAR ///HO , IN//C,(/.~~ / /////J /~//yQ/, ' J / " _ _ _