HomeMy WebLinkAbout1812 :t=
'
r
~ .
1
i
i
Parcel 1: Lots lS and 16, Block 54I, PORT ST.' E~-SE
EIGHTEEN,~a Subdivision according to the Plat t~~of, ~i"ded
in Plat Book 13, page 17 and 17.A through 17 R, Public Records
of St. Lucie County, Florida.
PARCEL 2: See legal description attached hereto and made a part
hereof .
Subject to all valid outstanding easements, rights of way, mineral
reservations, mineral leases and mineral conveyances of record.
Subject to mortgage in favor of UNITED STATES OF AMERICA, recorded
in ORB 269, page 331 and ORB 287, page 1261, Public Records of~
St. Lucie County, Florida.- Subject to mortgage in favor of WILLIAM
N. GARDNER AND MARY A. GARDNER, recorded in ORB 1918, page 116
and mortgage in favor of GERARD CAMPAGNES, recorded in ORB 2906,
page 529, Public Records of Palm Beach County, Florida.
together with all rights, interests, easements, hereditaments and appurtenances thereunto belon ' ,the rents, issues, and
profits thereof sad revenues and income 'therefrom, all improvements and personal property now or ter attached thereto or
reasonably necessary to the use thereof, including, but not limited to, ranges, refrigerators, clothes wuhers, clothes dryers,
or carpeting purchased or financed in whole or in part with loan funds, ail water, water rights, and water stock Pertaining
thereto, and all pa cots at any time owing to Borrower. by virtue of any sak, lease, transfer, conveyance, or condemnation
of any part thereof or interest therein-all of which are herein uUed "the property' ;
Td HAVE AND TO HOLD the property unto the Government and its assigns forever in fee simple.
BORROWER for Borrower's self, Borrower's heirs, executors, administrators, successors and assigns WARRANT'S 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 OOVENANTS AND AGREES a: follows:
(1) To pay promptly when due any indebtedness to the Government hereby secured 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:hali continue to make payments on the note to the Government,
as toll«tion ageat for the bolder.
(2) To pay to the Government such ftes and other charges as may now or hereafter be required byregulations of the
Farmers Home Administration.
(3) If required 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 premises.
(4j 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 Borrower when due, as well as any costs and expenses 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 has the highest interest rate.
(Sj All advances bq the Government as described 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 ahaU be secured hereby. No
such advance byy the Government shall relieve Borrower from breach of Borrower's covenant to pay. Any payment made by
Borrower may be applied on the note or any indebtedness to the Government secured hereby, in any order the Government
determines.
(6) ~'o use the loss evidenced by the note solely far purposes authorized by the Government.
(7) To pay when due all tares, liens, judgments, encumbrances, and assessments lawfully attaching to or assessed against
the property, including aU charges sad assessments in connection with water, water rights, and water stock ptstaiaing to or
reasonablgaeceaary to the use of the real property described above, and promptly deliver to the Government without demand
receipts evidencing such payments. BOdK ~1`t PAGE
~ ~ L
.~~~...a..~..~._. _....-s_w. _ _ ra:ras