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HomeMy WebLinkAbout0169 • • . r " iS • i i i E That part of the West half of the NWT of the NWT of Section 17, Township 35 South, r' Range 40 East, St. Lucie County, Florida, more particularly described as follows: i 'Commence at a point where the~East rightrof~ay lice of Hartman Road intersects the ~ South right-of-way line of Peterson Road; thence run .Southerly along the East right- # of-way line of Hartman Road 460' to the point of beginning; thence run East parallel. to the South right-of-way line of Peterson Road. 200'; thence run Southerly parallel 1 to the East right-of-way line of Hartman Road 120'; thence run West 200' to the East right-of-way line of Hartman Road; thence run Northerly along the East right-of~ray line of Hartman Road 120' to the point of beginning. ~ 4. Less easements for right of way for roads and transmission lines. 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 attached thereto or reasonably neceuuy to the use 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 ppertaining -thereto, and all pa ments at any time owing to Borrower by virtue of any sale, lease, transfer, conveyance, or condemnation of any part thereof or.interest therein-all of which ue herein called "the property"; TO HAVE AND TO HOLD the property unto the Government and its assigns forever in fee simple. BORROWER for Borrower's self, Borrower's heirs, executors, administrators, successors and assigns WARRANTS THE ~ TITLE to the property to the Government against all lawful claims and demands whatsoever except an liens, encumbrances, easements, reservations, or conveyances specified hereinabove, and COVENANTS AND AGREES as follows: } (1) To pay promptly when due any indebtedness to the Government hereby secured and to indemnify and save harm- less the Government against any loss under its insurance of payment of the note by reason of any default by Borrower. At all times when the note is held by an insured holder, Borrower shall continue to make payments on the note to the Govern- ment, as collection agent for the holder. (2) To pa to the Government such fees and other charges as may now or hereafter be required by regulations of the Farmers Home Administration. (3) If requiitd by the Government, to make additional monthly payments of 1/12 of the estimated annual taxes, 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 ~ required herein to be paid by Borrower and not paid by Borrower when due, as well as any cosu and expenses for the pre- nervation, protection, or enforcement of this lien, as advances for the account of Borrower. All such advances shall beu ~ interest at the rate borne by the note which has the highest interest rate. (5) All advances by the Government as described by this instrument, with interest, shall be immediately due and pay- , abk by Borrower to the Government without demand at the place designated in the latest note and shall be secured hereby. - No such advance by the Government shall relieve Borrower from breach of Borrower's covenant to pay. Any payment made by Borrower may be applied on the note or any indebtedness to the Government secured hereby, in any order the Govern- a inert determines. (6) - To use the loan evidenced by the note solely for purposes authorized by the Government. {7) To pay when due all taxes, liens, judgmenu, encumbrances, and uscssments lawfully attaching to or assessed against the property, including all charges and assessments in connecrion 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. i!i 3 . ~1~~~5 P~~ 1~ ~ ~ -