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HomeMy WebLinkAbout1346_ . . ~ ' ~ , ~ ~ Begin at a point 42 feet West and 20 feet South of the Northeast corner of Lot S, thence run South 131.3 feet; thence run West 237.15 feet; thence run North 131.3 feet; thence run East to the point of beginning, lying and being in ~1HITE CITY SUBDIVISION, in Section 3, Township 35 South, Range 40 East, as per plat thereof, recorded in Plat Book 1, page 23, of the Public Records of St. Lucie County, Florida. AAID The South '~ of Lot 88 and all of Lot 91, according to the Plat of White City as per plat thereof, on file in Plat Book 1, page-23, of the Public Records of St. Lucie County, Florida, said land being in the NW~ of Section S, Township 36 South, Range 40 East, LESS AND EXCEPTING rights of way for public roads and drainage - canals. R~e~ g'~~ ~~ Peyment Of Taxe~ Oue O~ Class "C•• IntangiblePersor~ipropw~: pursuant To Chaptar 71, 134, Acta O~ +a~t, ROGER POITRAS ~~ ~~iers C~rcuit Court, St. lucie. Co., Flb. together with all rights, interests, easements, hereditaments and appurtenances thereunto belonging, the rents, issues, and profits thercof and revcnues and income therefrom, a11 improvements and personal property now or later attached thereto or reasonably neccssary to the use thereof, inc!uding, 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 payments ac any time owing to Borrower by virtue of an~ s:le, leasc, transfer, conveyance, or condemnation of any put thercof or intcrest therein-all of which are hcrein called "the property"; TO HAVE ANI) TO HOLD the property unto the Government and its assigns forcver in fee simpie. BORROWER for Borrower's self, Bonower's heirs, caecutors. adminutrators, succeuors and assigns WARRANTS THE TITLE to the property to the Government against all lawful claims and demands whatsoever except any licns, cncumbrances, e~sements, reservations, or conveyances specified hereinabove, and COVENANTS AND AGREES as follows: ! 1 j To pay promptly whcn due any inde6tedness to the Governmcnt hereby secured and to indemnify and uve harm- less the Government against any loss under its insurance of payment of the note by reuon of any default by Borcower. At all times when the note is held by an insured holder, Borrower shall continue to make paytnenu on t6e note to the Govern- ment, u collection agent for the holder. (2) To pay to the Government such fees and other chuges as may now or hereafter oe required by regulations of the Fumers Home Administration. (3) If required by the Govcrnment, to make additional monthly payments of 1/12 of t}~c estimated annual taxes, assessments, insurance premiums and other charges upon the mortgaged premiscs. {4) Whether or not the note is insured by the Government, thc Government may at any time pay any other amounts rcqaircd herein to be p~id bp Borrower and not paid by Borrower when Jue, as well as any costs and expenses for the pre- servation, 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 thc 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 an} indebtedness to the Govcrnment s~cured hereby, in any orcier the Govern- ment determines. (6j To use thc loan cvidenced by the note solely for purposcs authorized by the Government. (7) To pay when due all tues, liens, judgmenu, encumbrances, and asuuments lawfully attaching to or assessed against the property, including al) charges and usessments in connection with water, water rights, and water stock pertaining to or reasonably neceuary to the use of the real proptrty described above, and prompdy ddiver to the Government without demand receipts evidencing such payments. $~~345 PAGE1344 ~._:.;~ . ~ _ ~~ - ~-~~.~ _ -- _ ~~ .