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HomeMy WebLinkAbout0798 j - .456365 rlo. Nos _~s~__ Branch --1'nmtan Mortgage Deed -Florida - J:m Wolter Homes, inc. THIS INDBNTURB, blade this 6 th_---•--..._........... day of A.llg~lH~.................-----------..... , A.D. 19 ....Z~ between W~~la.. ~_t_..~k?t~4I? and .....~52]CQ~~:iY.. ~ ~1RC~Qn...---............. husband and N1f0 of 3 t . LuC ie~.. _ County, Florida, hereiasfter called Mortgagor and JIId WALTBR HOb1ES, Inc., a Florida Corporation, whose mailing addresa is, P.O. Box 22601 Tampa, Florida, 33622 hereinafter called Mortgagoe. WITNBSSEIH: That Mortgagor, in oonsideratioa of the mutual covenant: and ooaditiotu coataitted cad of other valuable ooa- dderatioa delivered by the Mortgagee to the Mortgagor, receipt whereof b hereby acknowledged, does hereby gnat, bargain, sell, assign, tratufer, convey and confirm unto Mortgagee the property situate lit"... St ._..LuCie County, Florida. de:sxibed a:: The South 104 feet of the West 104 feet of the 3 1/2 of the $ 1/2 of the following-described parcels From the 3W corner of the NW 1/4 of Section 3, Township 35 South, Range 39 East, run North 89057.03° East 40 feet] thence Run North~02°02'43" West 40.5 feet to the point of beginning; thence continue North 02°02'43" West 1278.36 feet;- thence run South 89054'04" East 575.64 feet; thence South 02Q02'~43" East 1276.87 feet; thence run South 89p57'03" West 575.59 feet to the point of beginning, consisting of 4.22 acres. a ~ STATE aF FLORIDA ~ ~ DOCUMENTARY~°-_.-:~,S1A.'1RP Tn X ~ ~ w ~ TAI~f DEPf.OF REYEtiUE :.i-, : f~3, m - - ~ OYE ON CVSS 'C Ml'ANYIYLE PEYStM~II 1~PER1Y, 4 = P.B. ° "''°21.19 : ~.f 7 7 5 .~1 ~ fYRSUANt TO CY~TfIt A•13~. ACTS Oi 1171. 1~OC'E?lEIS$ WI'I2I all and the ways, easrmmts, riparian and other tights, sod all tenements, hesediaasencs sod ap- puroenaoca thereunto beboging or in anywise apperaiaing, and a!l baitdings, savctures and other imptorements now on aid Lod and to aattve tba~ram. ~ ar placed dxreon. and all fimues attached thereto and all rents, income, iswq and peoEus aot~tit~ - 1~0 HAVE AND TO HOLD cbe above described property unto the Mortgagee, its suaessors and assigns. 'ibe Moagagoc hereby ooraana with the Mortgagee that the Mortgagor is Lwfuny seized of the fix simple ode m the above described propercp and has full power and authority co great, bargain, sell and mortgage the same to the >ldortaa~ dial said ppetw~ erty is free and discharged from all Baas, eaaunbranees and daitns of every kind, including cans aa: a:seseanencs; that slid Matt gagos; his heirs, legal repeeseaacives and successors, shall warrant and defend the tick to .said property unto the Mortgagee agsiaat the Lwfnl claims sod demands of all peraoas wlwmsoerer, and win mslce such further assuraaoa eo perfect the fez s[anpk title eo acid pe~operey in the Mortgagee luny be reasonably required. _ _ - - - PROVIDED ALWAYS, and d~ese presence are upon these exptesa coadicioos, that if Mortgagor shall promptly pay so 1~[occgagee one Derain promissory note, even dace herewith, made by Mortgagor m Mortgagee in cbe pciotipsl aasounc of = 51,660.00 to 2 payable ' y installments of _87 -00__-_-__-_---- the Lac inspllment being clue aid par, ~ November 5 29-- 94 and until full payment thereof. err nay a~sians a renewals thereof; in while or m pare, and paymwt of all ocher indebtedness or liability chat may become due or owing hereunder and se~veed hereby, shall fstth- fully and promptly Dorn with and perform each and eveq other aovensnc prevision Benin on the part of Mottgs,goc to be com- plied with and petforme~ then obese presents shall be void. 'IUe Mortgagor further covenants and sgea with cbe Mortgagee as fonowrs: ?o pay the indebtedness recited in and evidenced by said none and any estcensions err renewals thereof, and all other iadebcedngs or Wbility hereby savred, however created or evidenced; to pay all lase, leers std aticnmbeanoes of and mtun ao saM pmpcny and upon this mortgage and note aid cbe monies . • } • promptly whey clue and bC efae de- Gcgtretae7 thereof; co pay all costs and a:penses incurred of paid by the Mortgagee is oolieccing the a in enfaccing or procatiag the rights and security of cbe Maagaga hereunder, including r~pesombk attorneys fee~faoed in dse hands of an , wleedaes oollecced bf foreclosure oc othecwisr, co keep all bniWiags and structures now or herafcec erected upon dee morca premises, coasnndy insured in an amount not less dean the prinapal amount of the none aforesaid against all leas -or damage ~ fire, windstorm or tocaado and water damage, as may be required by the Mortgagee, and in s aom~aay err Dam. panic aocepabk m said Mortgagee. All said policies and renewals thereof shall contain standcid mortgagee clauses wrath or without ft~71 cootribariaa as the Mortgagee shall require. and in such form ss shall be sscisf damage under said politics shall be payable co the Mongsgee as is intcrat may appa~ ~ ~ M~~ ~ ~ leas a It u fnrdaer otrveoanced chat the Mortgagee may advance monies disc should have been paid by Matgsgot baeuader in oeda to pmacc said property a the lien or security hereof, and Mortgagor agrees without danaod m forthwith ~y node monies, which amount shat! bar lateral from the dose so advanced until paid ac the nee of sixc (69K) per aenc per annum and shall be•oo~o:;da+ed a: a much addidoml irdebtedoas secured hereby: but no payment b! the Mortgagee of any such monies shall be domed a am of bMis aoreasabaeua~ to declare dee principal sum due hereunder by reason of the default a ~idstion of Mortgagor in 1be Mottga~or fnrdeer coverants ib leap acid property and the buildings new looted deereoa or beraeher m be enctred thereon in good repair std oo pet~mi~, cam~mic or saffa no wave, impairment or decaioacion thereof. and to comply atriaty wit? all 4ws and ~vcrameatal regulatiotu ud Hiles affecting said propeny a ,ts ope~racioa. It is fnttber eoremated and made dee essence hereof chat in case of dehula for thirty days in the payment of say seetos of money tD be paid beanroder by the Moagagor or is dee performance of nay of cbe cotenants herein on the part of doe so be performc+d, dxa it shall be opdoual with the Mortgagee m consider all unmanned indebtedaas a liabSicy sectterodhu~ indndigg any additiansl sums hereunder advanced and secured hereby and any interest due thereaq as immedisoely clue and without demand and without notice or declancion of said option, and the Mortgagee shall here the right fotthwide to ~u~ e pr+ooeediregs to eafotce ebe eotlection of sU moaia seaered hereby including the tight co forecbee dee lien hereof. ' THIS INSTRUMEN"1' P1ZLjt'AttLU 13Y R. 8. Pratt !.Dater s..~~a - ~ ` ' Ctkc~ OF JIM WALTER HOMES, INC. 80DX J1~ PAGE ~ 9807 Adaroo Drive , Tamps , Florida