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ST-16,112
TM~s ~NS~uN~ PREpARED av: walter ~~~svis VA Loan No. LH-195502 ;
ABSTRACT 8 TITLE CORP OF FLA ~
~'A F~r~ !~-i~i IHoo~ Lwa) =OS S. 2ND ST. fOFt7 P~EfiCE. FLOR~OA ~(jrt Pierce, FLORIDA ~
Au~. 19SR. UK oPt~oea~• Sen- j
icweea'• Ae~wtmeol Att 1 ~8
U. C. C. A. ~9~ lall. AecrptaEl~ ~
W Federal N~tional 11ort=~[e
~~`u`~~ MORTGAGE
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~lIR ~~OR1`OAa=, dated the 29~• dey of Naverab~x ~ A. D. 19 71 , by t?nd
between David Allen Cooley and Deanna F. Colley, his wife
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hereinafter c~lled the 111ortgagor, and
J. T. STF~AIrT M~GAGS COt~ANY, INC. , a corporation orAanised aad e~cisting under t6e laws '
~ State of Florida ~ hereinafter called the Mortgagee.
Wrrxt~a~ra, that for valu~ble considerations, the said hiortgagor dces hereby grant~ bargain~ seU, alien,
remise, relea~e, con~ ey, assign, and confirm unto the said 1ltortgagee all that certain parcel of land ot ~rhich the
said ~lort~or is now ~eiz~ed and po~sed and in actual po~session, aituated in the oounty of St ~ Lucie ~d
State of Florida, deecribed as followe:
Lot 13, Block 1~, SILVSR I.A1~ P?~RK ADDITION, as per plat thereof recorded
in Plat Book 10, Page 8 of the Public Records of St. Lucie County, Florida.
The mortgagor covenants and agrees that so long as this mortgaqe and said
note secured hereby are insured or czuaranteed under the pz~o~visions of the
Servicemen's Readjustment Act, as amended, he will not execute or file
for record any ins~trument which imposes a restriction upon the sale or
occupancy of the mortgaged proper±~y on the basis of race, color or creed.
Upon any violation of this undertaking, the mortgagee may, at its option,
declare the unpaid balance of the debt secured hereby immediately due
a.*~d payable.
The mortgagor further covenants that should the Veterans Administration
fail or refuse to issue its guaranty of the losn secured by the mortgaqe
under the Provision of the Servicemen's Readjustment llct of 1944, in the
sum of $7,800.00 within sixty days fro~n the date of the loan w~ould normally ~
becane eligible for such guaranty, the mortqagee herein may, at its option ~
declare all sums securec3 by this mortgage iurnediately due and payable.
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STATE DOCtJI~1'PARY STAN~S 21FFIXED TO THS OttIGINAL N028 AND CANCEIS+ED.
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- Together w-it6 all structures and improvements now and hercafter on said land, and the rents, issues, and pmfits
= of the above described property (provided, however, that the ~iortgagor shall be entitled to collect and retain
` the said rents, issues, and profits until default hereunder); and all fixtures now or hereafter attached to or used ~
_ in connection with the premises herein described und in addition themto tb~e folbR~ing described household appliances~ ~
fr which are, and shsll be deemed to be, fixtures and a part of the realty,' and are a portion of the security for the =
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~ indebtedness herein mentioned: `
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~ ~~E IN PAYNENT OF t/U(g .
P~~S;;Rti7 TO CtiAPT~R 2012 ~~ONAI PROPERi1', i
_ EOG"R PoITf.AS. Cletfc Grcuit @F 1941. s
_ as Ager,t far C~~~~~ N, ~p~ylES,
St Lucie f~:.ty Tax Cellector F
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_ ~EPUIY CtFyh .
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