HomeMy WebLinkAbout1046 ~ -
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v. r.n,. ~-as.. ixo~,. ! ~
iua. u.. w~.~.~, s.r.- FIARIDA
~c~men'~ &ndiwtmoat AK (~S
U. S. C. A. N4 (~)1. Acaptabb
W ld~rwl N~Houl Roetp~te
A~wci~tSon~
Mo~T ~ AG~
'I~is Mns~msas, datcd t6e ~d dsy ot .Oqt,p~jer: : , A. D. 19 6~ , by and
between
AI~ ~D'. J~S md KAI~ D. J'CBi~~ his wife
hereinafter called the hiortgagor, and q~ M~~ CQ~PANY,
, a corporation organised and e~dsting under the lara~
~ the 3tete of F'lo='ids , hereinafter c~lled the Mortgsgee.
Wrrxasa~, that for valuable conaiderationa, tb~ gaid Mortgagor does hereby gre?nt, bargain, gell, utien,
remiee, release, cauvey, s~i&n, and coufirm unto the sa.id Mortgagee all that certain parcel of land ~ which the
said Martgagor is now eeiaed and possessed and inaatual poe~esaion, eituate~d in the county of St. Lueie ~d
$tr?te of Florida, de~cribed aa followe:
Iat 9~ Blxk 1~ IIQDIAN ffiLIS FSTA~S' a subdlvision in
the City of Fbrt Fisrce, Florida, accanLtng ~to the p2st
thereo~ recorded in P].st Baa~k 10, Pa,Se 32, Public Recorde
of ~t. Lucie Co~un~ty~ F1oMda..
The mortgagor cavenants attd agreee that sa long as thia-n~rtgage and the eaid note
secured hereby are insured or guaranteed under the provisiona of tt~e 8ervicemen'e
Read3uetment Act~ as amended, he will not execute or file for record any inatrument
Which icaposes e rea~triction upan the aale or occupaney of the mortgage property on
the basia of race, coZor~ or creed. Upon any violation of thia undertaking, the
~ortgegee may, at ita opt3.on~ declare the unpaid balance of the debt eecured hesebq
i~ediately du~ atid payable,
The mortgagor further covenanta that sttould the Veterane Ad~ninietration fail or refuae
to iasue its guaranty of the loatt secured by the m,ortgage under the praviaion of the
S~rvicemerr's Read~uetment Act of 1944~ aa amended, in the sum of ~
within sixty days from the date the loan s~ould nornially become eligible for such
guaranty~ the mo~tgagee hereia ffiay~ at its option, declare all eums secured by thia
mortgage i~ediately due and payable.
Together with all structures and improvemente now and hereafter on s~id laud, snd the rents, isauea, and profits
uf the above described property (provided, however, that the Diortgagor shall be entitleti to collect and retain
the said rents, is,sues, and profits until default hereunder); and all fixtures now or hereafter attached to or used
in eonnection with the premises herein describeci and in addition thereto the foHowing described household appliances,
which are, and shall be deerned to be, Sxtures tind a part of the realty, and are a portion o# the s~ecuritp for the
indebtedness herein mentioned:
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aooK 128 447
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