HomeMy WebLinkAbout1977 • ,l /
n'7~~61
Branch No. Mos ..loo
Mortgage Deed -Florida -Jim Walter Homes, Inc.
THIS INDENTURE, Made th' day of , A.D. 191P~_..
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between _ _6._W.u:~. jh'~- ,husband and wife
and
of .__....._..____.County, Florida, hereinafter called Mortgagor and lIM WALTER HOMES, Inc.,
a Flodda Corporation, whose mailing address is, P.U. Box 22601 Tampa, Florida, 33622 hereinafter called Mortgagee.
WITNESSETH: That Mortgagor, in consideration of We mutual covenants and conditions contained and of other valuable con-
sideration delivered by the Mortgagee to the Mortgagor, receipt whereof is hereby a Howls ged, does hereby grant, bargain, se[I,
assrgn, transfer, convey and confirm unto Mortgagee the property situate in _ _ _ _ County, Florida,
described as:
Lot 17, of Liberty Park a Subdivision in the City of Ft. Pierce
according to the plat thereof ere recorded in the Plat Book 7,
Page 54, of the Public records of St. Lucie County, Florida
y ~
~ Rscs~vea 8 ~'~n Paymen! Of Taxef
- ~ Cos On Class "C" tntany.Dle Personal Property,
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- ~ i Pursuant To Chspter 71.184, /lets Ot 1871.
. ROQER POB1iA1s hK `
' - - ~i j f Clerk Clrwk Cosset, it Ltst~ 00. fM.
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TOGETHBR WITH all and singulu the ways, easements, riparian and ocher righa, gad aU ceaemena, heredicameaa grid ap-
purteosnces thereunto belonging or is anywise appertaining, and all buildings, scruccures and abet improvemeaa now on said Isad
or cbac hereafter may bt erected or placed thereon, and all fixtures attached thereto and all react, income, issues gad peofits accYUiag
u?d co uxYUe therefrom.
TO HAVE AND TO HOLD the above described property unto the Mortgagee, its successors and assigns.
The Mortgagor hereby cavenana with the Mortgagee that the Mortgagor is lawfully seised of the fee simple title to the above
desuibed property and has full power and authority to grant, bargain, sell and mortgage the same ro the Mortgagee; that said prop-
erty is free and discharged from all liens, encumbrances and claims of every triad, including cues gad asa; thu said Jldatc-
gagor, his heirs, legal npreseatacives and successors, shall wurant and defend the title co said property unro the Mortgagee agaiax
the lawful claims and demands of all persons whomsoever, and will snake such further assurances to perfect the fee sample title m
slid property in the Mortgagee u may be reasonably required. -
PROVIDED ALWAYS, and these presents are upon these express condiciotu, that if Mortgagor shalt promptly pay o0
Mortgagee- Doe certain promissory aoce, even dace herewith, made by Mortgagor ro Mortgagee in the ptinapal amouac of
=-_ley__?~1.11_l2------------------ payable is monthly inscallmrna of =-~'_f~~=-~~_--- each, the last instaHaneat being due and
payable on --'r 19Q~- , and until full payment thereof, or any excensiaas of renewals thereof, in cable
or is part, and payment ofocher tndebtedness or liability chat may become due or owing hereunder gad second hereby, stall fai~h-
fully and promptly ammlel with and perform each and every other covenaac provision herein on the pare of Mortgagor to be com-
plied with gad performed, then these presents shall be void
The Mortgagor further rnvenants and agrees with the Mortgagee as follows: '
To pay the indebtedness recited in and evidenced by aid note and any extensions or renewals thereof, and all other indebcedatss
of liability hereby secured, however created or tvidrnced; to pay all cues, assessmrna, levies, liens and encumbrances of every kind
and mcure oa said property and upon chic mortgage and note and the monies secured hereby pranptly when due and before de-
linqueaey thereof; to pay all costs and exprnses incurred or paid by the Mortgagee is collecting the indebtedness hereby scatted or
in enforcing or protecting the righa and security of the Mortgagee hereunder, including reasonable artoraey's fee if placed in the
hands of an acc~ney. whether rnUected by foreclosure or otherwise; co keep all buildings and suncntre~s now or htxeafca erected
upon the mortgaged Premises, constantly insured an sa amount Hoc less than cbe principal amoum •oF th! Hour; afoc~esaid against all
loss or damage by fire, windstorm or tornado and water damage, as may be required by the Mortgagee, gad in a eompaay oe oom-
paaies acceptable co said Mortgaget. All said policies and renewals thereof shall canton staadud moagsgee cLusd with of witbut
full conctibucion as the Mortgagee shall require, and in such form as shall be sacisfaaoq uo the Mortgagee by which nay loos of
damage under said policies shall be payable co cbe Mortgagee u is interest may appeu.
Ic is futtl?er-covenanted char the Mortgagee may advance monies chat should have been paid by Moagagor beratnder is order
ro praect said Property or the lien or securiryr hereof, and Mortgagor agrees without demand ro forthwith repay sndt monies, which
amount shall bear iacerest from the date so advatxed until paid ac the nee of six (ei%) per Dent pet annum and shall bt ooasidered
. as so much additional indebtedness secured hereby; but no paymrnc by the Mortgagee of nay such mania shall be deemed a
waiver of the Mortgagee's right ro dedsre the principal sum due hereunder by reason of the defidc a wioiuion of Marccgagoe is
any of has coveaana hereunder.
The Mortgagor further coveaana ro keep said property and the buildings nwv (Dated thereon ac hemfua m be ensued thereon
is repair and ro permit, commit or suffer oo waste, impairment ~ or deteraoracion thereof, and to comply strictly wash all laws
governmeaal regulacioas and Hiles affecrang said property or is operation.
It is bother covenanted and made the essence hereof char in case of defaults for chitty days is the payment of nay sums of
money ro be pod baeunder b7 the Mortgagor tx in the performance of any of the covenana herein oa dte part of cbe Mott
ro be performed. then is shall be optional with the Mortgagee to consider all unmacured indebcedaas of tiabt~iq secured he~t~r..
iacltdiag nay additiooal sums hertunder advanced and segued hereby and any interest due thereon, u immediately due gad payable.
without demand gad without notice or decluation of said option. and -the Mortgagee shall have the right forthwith co ias<itute
proceedings ro enforce the collection of all monies savted hereby including the righe to foreclose the lien hereof.
THI$ INS'1'1tUMkN'1' P1tl;YAK1rU t3Y
•otty Iw.2~o ~ .
~ OF JIM ~VALT'ER HOMES, INC,
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