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HomeMy WebLinkAbout1894 1 a ~ ~ ~ That part of the West half of the NW 1/4 of the NW 1/4 of Section 17, Township 35 South, Range 40 East, St. Lucie county, Florida, more particularly described as follows: Ca®ence at a point where the Bast rightrof-way line of Hartman Load intersects the South rightrof-~aty line of Peterson Road; thence run Southerly along the Bast rightrof ray line of Hartman Road 460 feet to the point of beginning; thence run East parallel to the South rightrof~?ay line of Peterson Road 200 feet; thence run Southerly parallel to the East'right~of-way line of Hartman Road 120 feet; thence run West 200 feet to the Bast rightrof~aay line of Hartman Roads thence ru.R Northerly along the East rightrofroay line of Hartman Road 120 feet to the point of beginning. LESS easements for right of ways for roads and transmission lines. i I I f together with all rights, interests, easements, hereditaments and appurtenances thereunto belonging, the rents, issues, and $ profits thereof and revenues and income therefrom, all improvements and personal property now or later uuched.thereto or reasonably necessary to the ux thereof, including, but not limited to, ranges; refrigerators, clothes washers, Clothes dryers; or carpeting purchased or financed in whole or in put with loan funds, all water, water rights, and water stock pertaining thereto, and all payments at any time owing to Borrower by virtue of any sale, leax, transfer, conveyance, or condemnation of any part thereo~or interest therein-all of which are herein called "the property"; TO HAVE AND TO HOLD the property unto the Govunment 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: (l) 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 Borrowu. At all times when the note is held by ~n insured holder, Borrower shall continue to make payments on the note to the Government, as collection agem 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 Farmers Home Administration. (3) !f required by the Government, to make additional monthly payments of 1/l2 of the estimated annual taxes, 1 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 I required herein to be paid by Borrower and not paid by him 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 rue borne by the note which has the highest interest rata 3 (5) All advances by the Government u described by this instrument, with interest, shall be immediately due and payable by Borrower to the Government without demand at the place destg~ated 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 xtured 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, enculrtbdnces, and asxssments lawfully attaching to or usessed against the property, including all charges and assessments in connection with water, water rights, and water stock pertaining to or ~ reasonably necessary to the use of the real property described above, and promptly deliver to the Government without demand receipts evidencing such payments. _ a y~~ ~ t• ~ F~~~rKaGdJ QdCE~~. ~