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Home My WebLink About2834~~ S1U513 Branch Tanga No, ~tos X80._. Mortgage Deed -Florida -Jim Walter Homes, Inc. ~q,e~ THIS INDENTURE, Made this ._....~e~r~ .............................. day of _..__Nnvelabtal~_----- --------•--------------. , A.D. 19.8Q --•- between ~4i~a.Eel..1~I...Td>,eartia...--•-• ................ and ..Jan..1~1....Edxerd.a----...-----.-----•..-....----- .husband and wife of ....____...+gtii....Lus~j.e ....................................County, Florida, hereinafter called Mortgagor and 1IM WALTER HOMES, Inc., a Florida Corporation, whose mailing address is, P.O. Box 22601 Tampa. Florida, 33622 hereinafter called Mortgagee. WITNESSE17i: T11at 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 hereby acknowledged, does hereby grant, bargain, sell, assign, transfer, convey and confum unto Mortgagee the property situate in ..............~t._..Ll~lti.!!___. _.__._.__..__ County, Florida, described as: Lot 18, Block 58, INDIAN RIVER E8TAT88, UNIT TIGHT, according to the plat thereof as recorded in Plat Book 10, Page ?3 of the Public Record: of 3t. Lucie County, Florida. prima-~Jt9 s (-~ IN PA7lRENT Oi TAX[g f C i C:~LZ 'C I!iTA!iG~2lE P~RSLa~I P^OPEkTY, - "'ii TO tL'~?iE: 71-s°4. ACTS OF 11)71. k.:L'1 P.'ll' Ai -. GS' U.i .:LU:T, ST. lU..IE lA. FU1.~ 7~OGETHBR WITH aU and :iagtilu the ways. easements. riparian tnd ocher rights, and all tenements, herediaa~ents and ap- purteaaoces theteunco belonging or in anywise appetuining, and all buildings. structures and ocher improvements now on said land or chat heteaker may be erected or placed thereon, and all fixcura artached thereto and all rents, income, issues and profits accruing and co aetnre therefrom. - , TO HAVE AND 7'O HOLD the abrnre desuibed property unto the Mortgagee, its suaessocs and assigns. 'Ibe Mortgagor hereby rnvenants wick the Mongagee that the Mortgagor is lawfully seized of the fee simple tide oo the above desuibed property acd has full power and authority co grant, bugain, sell and mortgage the same m the Mortgagee; coat said prop- erty is free and discharged from all liens, encumbrances and claims of every kind. induding cases and assessonents; thu said glaa- gagor, his heirs, legal represenncives and successors, shall wuranc and defend the title co said progeny unto the Mortgagee against the lawful claims and demands of all persons whomsoever. and will make such further assurances ro perfect the fee stmpk tide to said progeny in the Mortgagee as may be reasonably required. PROVIDED ALWAYS, and these presence ue upon chest ezpress conditions, chat if Mortgagor shall promptly pay to Mortgagee one certain promissory note. even date herewcth, made by Mortgagor to Mongagre in cbe principal amount of _-------~~s~2+QQ------___-- payable rn moodily installments of =----- -3~3v-94 -- ---- each, the last itntallmeat being due and ~~~ ~ 5th F@~2118r.J---_--------, 19-~b---.. and until full payment thereof, or any ezceasioos of mtewals tbt~eof, in whole or in put, and paymeac of all outer indebtedness or liability that may become due or owing hereunder and secured hereby, shall fai~h- fully and promptly onmpl with and perform each and r-ery other eovtnaac provision herein on the pace of Matgagoc to bt oom- plied with and performe~ rhea these presence shall be void. 7lne Mongagor further covenants and agrees with the Mongagee as follows: To pay the indebtedness recited in and evidenced by said note and any estensiocns err renewals thereof, and all otna indebtedness or liability hereby secured. however created or evidenced; co pay all cues. assessmancs, levies, liens and encumbrances of every kind and nature on said property and upon this mortgage and note and the moaia secured hereby promptly when due and before do- linquene7 thereof; ro pay all costs and espenses incurred or paid by the Mortgagee in colitcting clne indebcedaas hereby secured or in enforcing or ptotectiog the rights and security of the Mortgagee hereunder, including reasombk attoccney's fee if placed in the hands of an accomey, whether collected by foreclosure or otherwise; co keep all buildings and structure now or herafca erected upon the mongaged premises, oonsandy insured in an amount na less than the principal unounc of dte note aforesaid against all loss or damage b) fire. windstorm or tornado and water damage, as may be required by the Moagagee. and in a company ac com- panies aocepnbk ro said Mortgagee. All said policies and renewals thereof shall conain standud mortgagee c4usa with a without full cona'bucioa as the Mortgagee shall require, and in suds .form as shall be sacisfaaory ro doe Mortgagee by which any k>4s a damage under said poiicia shall be payable ro the Mortgagee as its interest may appeu. Ic is further covenanted that the Mortgagee may advance monies chat should have been paid by Mortgagor hereunder is order co protect said property a the lien or sectiuity hereof, and Mortgagor agrees without demand ro forthwith repq such monies. which amount shall bar inserese ~ rte dace >D advanced until paid ac the ate of sine (6%) pet Dart per annum and shall be considered as so mncb addirional indebtedness secured hereby: but no payment by the Mortgagee of nay such monies shall be deemed a waiver of the Mortgagee's right to declare the principal sum due hereunder by reason of the dehulc err ~io4tioa of Mortgagor is any of his covenants hereunder. The Mortgagee further cavenaats to keep said property aced the buildings now hated thereon ac hereafoer to be erected thereon in Rood repair and to permit, commit a suffer no wssce, impainaenc or decerionrioa thereof, and oo comply strictly with all 4ws and go-ernmeanl teguladons acd Hiles affecting said property err its opeacion. Ic is further eovennnted and made the essence hereof chat in case of defaults for chitty days in the payment of a~ sums of money ro be paid hetaunder ~ the Mortgagor or in the performance of any of the rnvenants herein on the pan of the Mast to be performed. then it shall be optional with the Mortgagee m consider all unmanutd indebtedness or liabr7ity secured hae~r. indudiag nay sddicioml sums hereunder advanced and secured hereby and any interest due thereon, as immediately due and payable. without demand aced w~dnouc notiet or dedaacion of said option, and cite Mongaget shall have the right forthwith to institute Proceedings to eafarce cbe oolleccion of all monies secured hereby including the right co foreclose the Gen hereof. THIS INS'IRUMl;N 1' 1'It);NAK~u l3Y IORY J>•~=70 • GP~~~ ~~ OF JIM WALTER HOMES, INC. BOJK PAGE Z ~ .: -----...---480?-.Alamo-.-Dr.---Ta>~pa--Florida---3.3680 - -.~ _ - ~-_ = - ~; ; r: ,;