HomeMy WebLinkAbout2956 ~ ~ S'1'-16,585 VA Loan 1~b500
F-~ x~~}+~~~=K `~~;,`,~1~'~ j~ \ Fbrt Pierce, FLORIDA
Ke~a.rd Ai~. !Y~ L se ul~th~r:.J
5sttwn lV0. 'lltle l'.> ~ ~
A~•:{.tr'~M tu Fe+rir~l \rtwurt
,1u!IRI~t .{StP't11W0
MORTGAGE
TH18 ;~'SORTGAGE, dated the 13th. dey of January ~ A. D. 19 72 ~ by and
betw•een K,enton Roqer 9cnith and Laurene Kay S~ith, his wife
hereinafter culled the 1lortgxgor, and SWT~iHRN I~KaRTG7~G8 JISSOCIATES, INC.
, a cor~x~ration orRanized and existing under the lawa
~ State of ~rkansas , t~ereinafter cxllttii the ~iortgagee.
R'i~esc~r~, that for valuable considerations, the said ~fortg~or dues hereby grant, bargain, sell, alien,
remise, mlexse, conve~•, as.~iKn, and confirm unto the sxid !~lurtK~~~r all that certain parcel uf land of which the
said Alortgagor is now seirxd and pwse~ed and in actual possession, situated in the couuty of St. Iucie and
Stste of Florida~ described as follow•s:
Lot 3, Blxk B of REVISED PIAT OF COBB'S PARR, as per plat
thereof as recorded in Plat Book 8, paqe 54 of the Public
Records of St. Iucie County, Florida. _
The mortgaqor covenants and aqrees that so long as this mortgaqe
and said note secured hereby are insured or guaranteed under the
provisions of the Servicemen's Readjust~nent Act, as ame.zded, he
will not execute or file for record any instrument which imposes
a restriction upon the sale or occupancy of the mortgaged property
on the basis of race, color or creed. Upon any violation of this
' undertaking, the mortgaqes may, at its option, declare the unpaid
balance of the debt secured hereby izmaediately due and payable.
; The mortqagor further covenants that should the Veterans A~ninis-
' tration fail or refuse to issue its guaranty of the lcan secured
; by the mortgage under the Provision of the Servicesnen's Readjustment
~ Act of 1944, in the svm of $8,700.00 r~rithin sixty days from the
date of the loan would normally becocne eligible for such guaranty,
~ the mortgagee herein raay, at its option declare all sums secured
; by this mortqaqe iffiaediately due and payable.
"r
~
y
- STATE DOCUMENrARY ST~1I+~S AFFIXED TO TI~ ORIGINAL NOTE AND CAN~LIF.D.
3
~ Together with all structures and impro~•ements now and hereafter on said land, and the rnnts, issues, a~d pro5ts
~ of the atw~•e described property (pro~•ided, however, thst the 1lortgagor shall be entitled to collect and retain
~ the said rents, iasues, and proSts until default hereunder); and ail fv:tures now or hereafter attached to or used
in cunnectiun with the premises herein described and in additiun therelo the fulluw•ing described huusehold appliances,
~s
F~ which are, xnd shall be deemcd to be, 6xtures and a part o[ the realty, and ate a portion of t6e security for the
indebted~ea~ herein mentioned:
- -
:1
U'
% ~{r~ ~ a
~ ~~?r~rr a T~
~M !a ONRH ~
~ if~ry~
kOGfli PWT~ ~ ~i~+aR't 1rd~r 4.
-
.
To FI~vE exn ~ro HoLV the same, to~etl~er v~ith all and sin~ular the tQ,nements, hereditaments and appur-
= tenances thereunto b~longing or in anyw-i~e appertaining, and the re~ e~ion and reversions, remainder or re-
mainders, and aiso sii the est8te, ri~i~t, citie, int,erest, homestead, dower and ri~i~t oi dow~er, sepamte estxte,
F~' possession, claim and demi~nd w~hatsoe~ er, as w~eli in law as in eyuit~ , of ttie said ~lortgagor in and to the same,
and e~er~• part thernof. N-itt? the appurtenances of the said ltortge?gor in and to the same, and every parl and
= parcel thereof unto the said ~1orl~akee in feP simple.
f ~ . . .
~`,~K~~~ t~ ?MIS i1d5TS-..'r(,NT PREPPRED BV O
t k /~BSTRACT & TITLE CORP OF FLA.
p V ~vS 5 LND 5T. F"OR~ PtE17t:E. FL R~qA
. . - . _ .
>
,
. ~ .
y . . _ . _ . .