HomeMy WebLinkAbout1541 ~~~18~ Branch ~ GGi1 No. Mos ~~4'C~
Mortgage Deed - Florido o Jim Wolter Homes, Inc. ~
THIS INDENTURE, Made this day of ~P.C~~______________________________________ _ A.D. 19.
. -
between . ~ ' ~ ~ ~..~_!].A~L~.tjlL..r and _ :___.~'.2~...~_ ,husband and wife
of _~,__p~~C:C.tG_________________________a..__._.___._. County, Florida, hereinafter called Mortgagor and JIM WALTER HOMES, Inc.,
a Florida Corporation, whose mailing address is, P.O. Box 22601 Tampa, Florida, 33622 hereinafter called Mortgagee.
WITNESSETH: '61tat 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-hereb ackno~"ledged, does hereby grant, bargain, sell,
~ assign, transfer, convey and confirm unto Mortgagee the property situate in ~,GG~~ : ty,
Coun Florida,
described as: Staff at the SW corner of the Nw ~ of the SW ~ of the SE ~ of Section 9,
?ownship 35 South Range 39 East, thence rtui Easterly 30 ft to the EAst Right of Way
of Campbell road, thence Northerly along said right of way for 300.09 feet for a
Point of Beginning. From the FOB, run Easterly 321.0 feet to a point; thence by
an angle of 90o to the right run South 165.0 feet to a point; thence by an angle of
90° to the left run Easterly 89.0 feet to a point; thence by an an~le of 90o to the
~ left run Northerly 315.0 feet to a point; thence by an angle of 90 to the~left run
Westerly 410.0 feet to a point, said point being tin the Easterly right of way of
Campbell road; thence by an angle of 90° to the left rtuT Southerly 150.0 feet along
said right of way to the Point of Begging. Said tract containing 1.75 acres more or
less.
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S o 0 Rf!'[il'fJ s • f1 m PAY}?.'_YT QF T1!XE'! - °
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I~O('ETHHR Wl'1'H all and siagulu the ways, easemrncs, riparian and ocher tights, and all tenemrnrs, hereditamrnts and ap-
purtenances thereunto belonging or in anywise appertaining, and all buildings, structures and ocher improvements now on said land
or chat hereafter may be erected or placed thereon, and all fixtures attached chececo and all tents, incomt, issues and profits scuuing
and co aotYtte therefrom.
TO HAVE AND TO HOLD the above dexribed property unto the Mortgagee, its successor and assigns.
The Mortgagor hereby covenants with the Mortgagee char the Mortgagor is lawfully seized of clte fee simple tide to the above
desuibed propeny and has full power and auchocity co grant, bargain, sell and mortgage the same ro the Mortgagee; thu said prop-
erty is free and disclruged from all liens, encumbrances and claims of every kind, induding canes and assessmenu; thu said Moa-
gagor, his heirs, legal represencacives and successors, shall wuranc and defend the title co said properey unto the Mortgagee against
the Lawful claims and demands of all persons whomsoever, and will make such further assurances co perfect the fee simple title to
said property in the Mortgagee u may be teasonablq required
PROVIDED ALWAYS, and these presents are upon these express conditions, chat if Mortgagor shall prompdy pay m
Mortgagee one certain promissory note, even dace herewith, made by Mortgagor co Mortgagee in the principal amount of
=.~lP~~a ~---v_~----------__--- Payable in monthly inscallmrnu of ;..~d~' 4 0-- . each, the lase installment being due and
payable on _ 19 c1..~- . and until full paymrnt thereof, or any extensions or renewals thereof, in whole
~ of is pan, and payment of all ocher indebtedness or liability ctuc may become due or owing hereunder and secured hereby, shall faith.
fully and promptly rnmply with and perform each and every other rnvenaac provision herein on the pate of Mortgagor co be com-
plied with and performed then these presents shall be void.
The Mortgagor further covenants and agrees with the Mortgagee as follows:
To pay the indebtedness retired in and evidenced by said note and any excensiocts or renewals thereof, and all ocher indebtedness
or liability hereby secured, however created or evidenced; co pay all taxes, asscssmrnu, levies, liens and encumbrances of every kind
and nature on said property and upon this mortgage and note and the monies secured hereby promptly when dire and before de•
linquenr.T thereof; ro pay all costs and expenses incurred or paid by the Mortgagee -in colletcing the indebtedness heaby scarred at
in enforcing of protecting the righu and security of the Mortgagee hereunder, including reasomble attorney's fee if placed in the
hands of an anomey, whethu mllecced by foreclosure or otherwise; co keep all buildings and sctuctur2s,nA~ or hawker erected
upon the mortgaged premises, constantly insured in so amount not less than the principal amount of thr note sfocaaid agsiast all
loss or damage by fire, windstorm or tornado and roarer damage, as may be required by the Mortgagee, and in s tompaay or tom.
panics acceptable co said Mortgagee. All said policies and renewals thereof shall concatn standud ;notcgagee clauses with or without
full conuibucion as the Mortgagee shall require, and in such form as shall be sacisfaeaory to the Mortgagee b7 which nay loos ae
damage under ,laid policies shall be payable to dte Mortgagee u its interest may appeu.
Ir is further -covenanted chat the Mortgagee may advance monies chat should have beta paid by Mortgagor hereunder in order
ro protect said propeccy or else lirn or security hereof, and Mortgagor agrees without demand co forthwith repay such trtanies. which
amount shall beu interest from the date so advanced until paid sc the me of sin (6%) per ant per annum std shall be considered
u ro much additional indebtedness secured hereby; but no paymrnt by the Mortgagee of any suds monies shall be deemed s
wPiver of the Mortgagees right co derJare the principal sum due hereunder by reason of the default or vio4don of Mortgagor in
any of his covenants hereunder.
The Mortgagor further' covenants to keep said property and the buildings now looted thereon a haeaket to be errcccd dtereon
in Rood reparr and to permit, commit or suffer no waste. impairment or decerioracion thereof, and to comply strictly with all 4ws
~ gavernmmacl regulations sad Hiles affecting said property or its operation.
Ic is further covenanted and made the essence hereof that in case of defaults for chivy days in the payment of any sums of
money co be paid hereunder by the Mortgagor or in the performance of any of the covenanu henein on the part of the Mon
ro be performed, then it shall be optional with the Mortgagee co consider all unmatured indebtedness or liability scatted ha
including any additional sums hereunder advanced and secctred hereby and any interest due thereon, as immediately due rod payable.
without demand and wYt}touc notice a decluacion of said option, and the Mortgagee shall have the right forthwith to institute
proceedings to rnforce the copeccion of all monies secured hereby including the right co foreclose the Gen hereof.
"I'HIS~ 1 S-1'KUM 'N I NK1?1'A~1?t) 13Y
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OF JIM WALTER HOMES. INC.
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