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Home My WebLink About0735 s 4b2,QJ'~ TAmpa 180 Branch No. Mos CORRECTIVE Mortgage Deed - Fiorida - !im Walter Homes, Inc. THIS INDENTURE, Made this 6~.~_._.___•-------..-•___--. day of ._...~4t$>d~>i_..__...._.•--•--------•---•---...__ , A.D. 19.7.x._-- between ~Yi 11 iara G. Buxton and Dorothy J . Buxton ,husband and wife St . LuC ie___ _ County, Florida, hereinafter called Mortgagor and JIM WALTER HOMES, lnc., of - 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 hereby acknowledged, does hereby grant, bargain, sell, assign, transfer, convey and confum unto Mortgagee the property situate in _.__St . LuC ie County, Florida, u:.scribed ss: The North 104 feet of the West 104 feet of the S~ of the S~ of the following described parcel: From the SW corner of the NW~ of Section 3, Township 35 South, Range 39 East, run North 89°57'03" 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 r-un South 89°54'04" East 575.64 feet; thence South 02°02'43" East 1276.8? feet; thence South 89°75'03" rest 5?5.~9 feet to the point of Beginnine, Consisting of 4,22 acres. All lying and being in St. Lucie County, Florida. This is a corrective instrument designed to correct an erroneous legal description. The previous mortgage was recorded in Book 325, & page 79b- TOGB?HBR WITH all and singulu the ways, easemmcs, riparian and ocher rights, and all tenements, hetedicaments and ap- purtenances thereunto belonging or in anywise appertaining, and all buildings, struceures and other improvements now on said Isad or chat hereaku may be erected of placed thereon, and all fixtures attached thereto and all rents, income, issues sad profits accruing and co accrue therefrom. TO HAVE.AND TO HOLD thr about drsctibed property unto chr Mortgagee, its successors and assigns. The Mongagor hereby covenants wick the Mortgagee chat the Mortgagor is lawfully seized of the fee simple tide to cbe abase described property and hu full power and authority co grant, bargain, sell and morcgage the same co the Morgagee; chat said prop- erty is free and dischuged from all liens, rncvmbrances and claims of every kind, including cases and assessmma; chat said )![Ort- gagor, his heirs. legal npreseacacives and successor, shall wuranr and defend the title to said proputy unto cbe Mortgagee against the lawful chinos and demands of all persons whomsoever, and will make such further assurances to pufea the fee simple tick m said property in the Mortgagee u may be reasonably requited. PROVIDED ALWAYS, and these presents are upon these repress conditions, that if Mortgagor shall promptly pry o0 Mortgagee one certain promissory note, evrn dace herewith, made by Mortgagor co Mortgagee in the principal amount of j-_______-___ 51, 660,,,_QQ_______ payable in monthly installments of ~.8? .00 - . . each, the last installment beitrg due and November 5, 94 - paysble an 19 - ,and until full paymemc thereof, or any ezcensioos or renewals thereof, in whole or in put, and payment of all ocher indebtedness or liability chat may becomr due or owing hereunder and segued hereby, shall faith- fu11y and prompdy rnmpiy with and prrform each and every other covetrant provision herein on the put of Morcgsgor to be eom- plied with and puftxm ,then chose presents shall be void. The Mortgagor further covenants and agrees with the Mortgagee as follows: To pay the indebtedness recited in and evidenced by said Wort and any excensiona of renewals thereof, and aU ocher indrbtedness or liability hereby secured, however created or evidenced; co pay all cases, assessments, levies, liens and encumbrances of every kind and nacutr on uid property and upon this mortgage and Wore and chr monies secured hereby promptly when due gad before de- linquency thereof; to pay all costs and espenses incurred or paid by the Mortgagee in collrccing the indebtedness hereby secured or in enforcing or protecting the rights and security of the Mortgagee hereunder, including reasonable attorney's fee if placed in the hands of an aaomry, whether mlleaed by foreclosure or otherwise; co kerp aH buildings and srtucnues nmv of bueaftu erected upon the mortgaged premises, constantly insured in an amount nee less than the prituipal atmounc of the note aforesaid against aU loss or damage by fire, windstorm or tornado and water damage, u may be required b9 the Mortgagee, and in a eompa~ or com- panies acceptable to said Mortgagee. All uid policies and renewals thereof shall contain standud mortgagee clauses with or without full conaibucion as the Mortgagee shalt require, and in such form u shall be ucisfaccory to the Mortgagee by which nay Ions or damage under said policies shall be payable co chr Mortgagee u is interest may appeu. Ir is further covenanted char the Mortgagee may advance monies chat should have been paid by Mortgagor hereunder in order co protect uid property or the lirn or security hereof, and Morcgagor agrees without demand to forthwith repay such monies, which amount shall beu interest frown the date so advanced until paid ac the nee of siz (6%) per cent pu annum gad shall be considered u so much additional indebtedness serttred hereby; but no payment the-Mortgagee of any such monies shall be deemed a waiver of the Mortgagees right co declue the principal sum due hereumdu by reason of the default a vidaaon of Morgagor is nay of his covenants hutuadu. The Mortgagor further covenants co keep said property and the buildings now [oared thereon or ltueafcer m be erected thereon is repur and to permit. commie or suffer fro waste, unpairmenc or deterioration thereof. and to comply strictly with all laws governmental regulacioas and rules affecting said property a its opencion. It is funkier covemnted and made the rssetxe hereof chat in case of defaults for chitty days in the payment of any stuns of money co be paid hereunder b9 the Mortgagor or in the performance of any of the covenants herein on the part of the Mortgagor co be performed, chert it shall be optional with the Mortgagee m consider all unmatured indebtedness or liability secuued hereby, including any additional sums hereunder advanced and seeurrd hereby and any interest due thereon, u immediately due and payable, without demand and wdtbout notice or dedancion of said option, and the Mortgagee shall have the right forthwith co itsstitute ' proceedings co enfoae the collection of all monies secured hereby including the right co foaclox the lien hereof. Recehred s In Payment 01 Taxes 'I'RIS INS I~IZUMI:N I' Nkht'AttFl) t3Y Due On Class "C" IntanpiblsPersonatoropw.ty, Randy Pratt pu~suaM TO CAapter 71. 134. Act! O~ `8'r1, - - rort~ Jw.t~o ROGER POITRAS p yyVVAA R trots Ctrcuit Court. St. facie. Co.4Ftt+.~ 0980 Adaitio DrH~ eFS. IVC. ~;~rc'~~ D 'T~1 --Tampa-~ --F-lot-ida---33680------------