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HomeMy WebLinkAbout2695~~ ~1 ~9 granch Ta~Pa No. ldos 180 I/ Mortgage Deed -- Florido -.lim Waiter Homes, Inc. 7NIS INDEN1UItE. Made chis -----......lst---------------------------- day of -------December.------------......._......._ , A.D. 19 80.---- between _.~B~i1...E~.---~I8~~~113~8~ ...................... and _.IIQy.x~.ls ..E..--•--~Ia.~B1.].1ef....------------. , husband and wife of ._ .St.:.. LuC ie ..............------..__._..._..._......---County, Florida, hereinafter caUed Mor~gagor and J[M WAL7ER HOMES. Inc.. a Florida Corporatk~n, whose mailing address is, P.O. Box 22601 Tampa. Florida, 33622 hereinafter called Mortgdgee. WlTN~„SS6'fH: That Mortga~r, in oonsideration of the mutual covenants and conditions contained and of other valuable con- sideration delivered by the Mortg,aga W the Mortgsgor, receipt whereof is hereby acknowledged, dces hereby Bant, bargain. seU, assign, transfer, convey and confirm unto Mortgagee the property situate in .._ S t.__ LuC ie . ._. County, Florida, --- •-•--------------- ------ described u: Lot 11, Block 161, Lakewood PArk, Unit 12, as per plat thereof, as recorded in Plat Book 11 pages 26A thru B in Public Records of St. Lucie County, Florida ~y .~~ 71 ' Rt+cerved 4 ~~'` ~ In ~aym~nt n/ TexK ., . Due On Cl~cs •.C•. intang~h!e r~ r".~,, :-~;,•'h. ~ , ' ~ ~ ~'u•eu~^t To Chapter 71. l3~. -.:.ts :ii +y~t ~. .____--- -- - - - ~- ' ROGER P01THi.S ~_~- . ~ ~wrs C,rcuit Court. St. Luue. Co., Is, 1~p(-E1'~~It W1TH ap aad singular che wqs. easemencs, riparian and «6er righcs, and all cenemena. heredicaa~ena ~nd ap~ purteoances ~heceunco belooging or ia anyaise apperuining. and all bu;ldings. sciuccuces md aher impcovemencs now on s~id laad or chat bera~ket ma~ be aecced or placed chereon, and aU fi:cur~s accached chececo and all eencs, income. iswes aod pc~ofia aociuit~ aad co aaccue cba~efeom. T~O HAVE AND TO HOLD che above described propercy unco che Mongagee. ics succasots and assigns. 'Ibe Macgagor bereb~ aovenana aich the Morcgagee chac chc Morcgagor is laafuUy seised of che fee simpk dde m c!~ aboTt dpuibed ptopa~ and has hill po~ver and auchorie~r co granc, bugaiq sell and moccgage che same to che Moitgagee; c6ac said pt~op- ercy is free and dischsrged itam all liens, encvmbnaces and claims of every kind, induding casa and auasmeats; thu said Mott- gago~r. his bein, icgal represenacives and successors, shal! wuranc and defend che «de co said property nnto the Moaaagee a6aiwt cb~ lswful dzims iod demznds of all penons whomsorver. and aill make such further auaranas to pafect the fee simpk tide ~o said propere~ in cl~e Morcgagee u may be tasonably requiced. PROVIDBD ALWAYS, and chese presena ue upon ~hese arQress condicions, chac if Morcaagx s6alt prompd~ pa~ o0 (Korcgagee eoe cecuin promissor~ nae, evea dace here.vich. made by Mongagor co Morcgagee in che pciacipal amouac oE _---- 36 0~8~00 -------- P~lable in monchly iascallmrna oE =--200-,~ lU--- ---- ------- ach, che luc insallmedc~eins due and P~T+~ ~__.__ F~~--S-,--------------------. 19. 96---. and nncil Eull paymeat chereof. or an~ rxcensiaos ac tenewals chereof. in whde or in puc, and pa~menc of sll ocber indcbcednas or liabilicy chac may becane due or owring bereunda and secvred 6ereb~, sl~all hieb- E~ll~ and peaapd~ oompl~ ~ricb and perform each and eveq ochec eovenaac pravisioa haein oa che parc of biaccg,~goc eo be oom- plied with and pafocmed, thm chese presenu shall be void. The Morcgaga fuccher covenanu and agrees aich che Morcgagce u follo.vs: To p~ tlx indebcedneu recited in aad evidenced b~ said nae and any a~censions or renew*als tl~er~eof, and all othet indebtednest or liabiliryr hereby secvred, ho.vever creaced a evidenced: co Pal sll cua, asses.unena leo;a, Gens and eocumbcanoa of e.ee~- kind and mcure oo said propere~ sad upcm chis mongage aad aae ud che anonia secured t~eceb~ Prompol whea dne ~nd before de- linquene7- chereof; co pa~ all coscs and e:penses incurred or qid b~ che Morcgagee in colleccing c6e indebcednas hereb~ secve~ed er in enforcing or proceccing che righa and sec~uiq of che Moccgaga heceunder, ~ndudiag rea7ooabk ucaner: fee if placed in the hands of an a ,~+hefia coUecced b~ foredawre or otherwise; co keep all buildings and sctuctura oow ot baeafta aa~te~d upon che morc~ premises. cooscand~ iawred in aa amounc aoc less cb~n che priacip~l amounc of c6e aoce afa~naid asainsc sll loss or damage bp fire, windstorm or mtaido ~nd w~acet damage, u may be requircd b~ cbe Morcgaga, ~a~d in i aompa~ at cam- psnia a~acepabk co said Mongagee. All said policia and cene.vals chereof shall concain sandard morcgagee c4iua wich oc wicbooc full coaa~cioa ss cbe Morcgagre shaU require, and ia such fam as shall be sicisfsccoq oo dze M~ee b~ wbic6 aa~ bn a damage undet ssid poiicia s6all be pq~bk to tbe Morcgagee u io incecac may appeu. Ic is f~uctrer ca~enanced chsc the Morcgagee ma~ adrance monia cbac stwuW have been paid b~ Mac~agoc haeanda ia aeder co pro~ecc ssid prop~rq- or ~he lien oc securiq fiereof. and Moa8a8or agms wicbouc demand to faethwith repa~ mdi monia. whicb .mw~ shaU bear iacaac Ecom che daoe ~o sd~aoad nncil paid u che raa of sis (6%) Pa aac per annum and shall be ooosidered u ~o mncb addidaW indebadaas savred hereby: buc no papmeoc b~ cbe Moccgagee of ~q wd~ maniss s6all be deemed a w~i~u of du Macgagee's righc co dedue che principal sum due hereunder bp reisoa of che dehulc a~io4deo of Morc~gae in an~ of his oo+renann bereanda. 'Ibe Morcasaor f~uttkr covenaaa co keep uid propece~ and the buildiags now loaeed cbacon ae haeafar to be erecced che~ron in Rood repair aad oo paanit, cnmmic or suffa no wuce. unpairmeac or decaioracioa c6aeof. and o0 oompt~ ~trial~ wicb ~11 4ws ,nd go+ernmeaaJ reg~iliao~s aad niles affecciag said properc~ a ia opetacioa Ic is fuaher aoarenaatrd aad m~de che esseace hereof chac ia case of defaula foc chitq di~s in cbe pa~meat of aa~ s~ oE mooe~ to be paid 6ertvt~der b~ the Matgagor or ia che performance of aar of che cavenaua t~erein aa ~be p~tt oE cbe Mat co be performed. d~w it s6al! be opcional ~rich cl~e Moccgagee m consider all unmacured indebcedness or liab~7iq ~ecared ~ inclndin~ an~ addicieoa! u~ms bereunder ad.anced and sect~red l~ereb~- and a~ incerrsc due ~hereon, as immediaoel~ due aad pqable. wicbouc dema~d r~od wricbaut nocice or dedancion of said opciao, and che Morcgagee shall tave che righc forchwith to in~cievoe prooeedit~s !o eaforce c6e mif~eccioo of all monies secursd hereby iacludiag cbe righc co forecloee cbe Gm 6ereof. IS INS'fltUMEN"1' '!'AK~U !3Y ' -- - - - - =~--~---~--- -G-`--~'`-v------------------------------------ toa~ J~•»o F JIM WAL R HOM INC. ~ '~ • ~d - ~~~1 ~ 'r -- .. .. . .-------•--- ~ ~ -- --- -- r--- -- - /~` f---- ----•------ • --- " ~~r3~5 PaGr[.Q 4 ~`l^1( x~ ,.~, _. _ . _ . : -: ~~ -° .~ _. .. ...~--~