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"Subject to first mortgage to Sun Bank of St. Lucie County-and second
mortgage to Farmers Home Administration as shown on Schedule B, items
7 and 8, Title Insurance Policy No. B-22134." '
That part of the West half of the NW% of the NW's of Section 17, Township 35 South,
Range 40 East, St. Lucie County, Florida, more particularly described as follows:
'Commence at a point where the East right-of-way line 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
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-way
line of Hartman Road 120' to 'the point of beginning.
Less easements for right of way for roads and transmission lines.
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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 necessarv to the use thereof, including, but not limited to, ranges, refrigerators, clothes washers, clothes dryers,
or carpeting purchased or financed in whole or in part with loan funds; all water, water rights, and water stock pertaining
thereto, and all pa ~nents at any time owing to Borrower by virtue of any sale, lease, transfer, conveyance, or condemnation
of any put thereof or interest therein-all of which are herein called "the property'
TO HAVE AND TO HOLD the property unto the Government and its assigns forever in fee simple.
BORROWER for Bonrower'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 any liens, encumbrances,
easements, reservations, or conveyances specified hereinabove, and COVENANTS AND AGREES as follows:
(f } 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 pay to the Government such fees and other charges as may now or hereafter be required by regulations of the
Farmers Home Administration.
'3) If required 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 6 Borrower and not paid by Borrower when due, as well as any costs and expenses for the pre-
' nervation, protection, or enforcement of this lien, as advances for the account of Borrower. All such advances shall bear
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-
able 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-
ment 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, judgments, encumbrances, and assessments lawfuily attaching to or assessed
against ehe property, including all charges and assessments in connection with water, water rights, and water stock pertaining
to or reuonably necessary to the use of the real property described above, and promptly deliver to the Government without
demand receipts evidencing such payments. i . ;
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