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TNIS INSTRUMQNT pR[PARlD BY! - .
ABSTRACT 9e TITLE CORP. OR FLA.
VA 7«1M l~iouM loun) iJD 3. 2~1D Sf FOAT P:ERGl. fLOR;cw ~ FLORIDA
~..we twez. ont~o~+!. ST-16~577
~etioo lea. TI~N 7s l . •
~,~•uurae w F~ ~uao.i V11 Loan 198810
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1VIORTGAGE :
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~118 MORTOA(iE~ dated the 15th. day af F+e.bruary ~ A. D. 1972 . by and
between Billy Joe 9aa11 and Doris S1ma11, his Wife
hereina(ter called the rlortgagor, and
SO~f~RN NO~tTGAGB ASSOCIATSS, INC. ~ a corporation orRaniae~ and existing uader the lawa
of State of 1lrkansas ~ heceinatter called the ~Iortgagee.
WtTrtssse~t~~ that for valuable consideratioas~ the said Alortgagor does hereby grant, bargain~ eell, alien,
remise, release, ccnvey~ assign~ and confirm unto the said 11lortgagee all that certain parcel of land of which the
said Mortgagor is noa seized and possessed and in actual possession, situated in the county at St. Iucie ~d
State of Florida, de~cribed as tollows:
Lot 9, B1ock 70 of RIVSR PARR UNIT 7, accordinq to ths Plat thereof as
recorded in Plat Book 12, at Pages 41 & 41A of the Public Records of
St. Lucie County, Florida.
The mortgaqor coveaants and aqzees that so long as this mortqaqe and
said note secured hereby are insured or guaranteed under the provisions
•y of the Serviceman's Readjustment A,~t, as amended, he will not execute
~ or file for record any instrument which imposes a restxiction upon the
sale or occu c of the mo
3 paa y rtqaqed property on the basis of race, color
~ N or creed. Upon any violatfon of this undertakinq, the mortqaqee may,
~ at its option, declare the unpaid balance of the debt secured hereby
~ ~ ~ iumediately due and payable.
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~ 2~; The mortqagor further covenants that should the Veteraas !?c~ainistration
t~ fail or refuse to issue its guaranty, of the loan secured by this mortqaqe
~ 3 under the Provision of the Service~aen's Readjustment Act of 1944, in the
o~ sum of $12,499.65 within sixty days from the date of the loan would normally
g become eligible for such guara:?ty, the mortqagee herein may, at its option
E declare all swns secured by this mortgaqe i~ediatel~ c3ue and payable.
_ ~ ~ ~ic
~ State Documentary Stamps affixed to the oriqinal note and cancelled.
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~ Together with all structures and improvements now and hereafter on said land, and t6e rents, issues, and profits
~ of the above described property (provided~ however, that the ~lortgagor shall be entitled to coltect and retain
~ the said rents, issues, and pro6ts until defautt hereunder); and all fixtur~s now or hereafter attacheci to or used
~ in connection with the premises herein described and in addition thereto the foltoain~ described household appliances,
~ which are, and shall be deemed to be~ 6xtures and a part of the realty, and are a portion of the security for the
indebtcdness herein mentioned:
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n (1j SSARS RA1dGE-Serial ~8203673, Model 1039396760
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TO HAVE AND TO HOLD Ltl6 SBII'18, togethe~ v~ith sll and sin~ilar the te,nements, hereditements snd appur-
tenances thereunto belonging or in anyw~se aQpertaining, and the reve~ion and re~e~ions, remainder or re-
~ mainders, and also aU the estate, right, title, u~tere.st, ho~nestead, dower and ri ht of dower, separat,e estate~
_ possession, claim and demnnd whatsoever, ~?s Hell in law as in equit~ , of t6e said ~tortgagor in and to the same,
and every part thereof, with the appurtenances of the sxid ~Iortgagor in and to the same, and every part and
= percel thereoi unto the said J1ort~;N}~ee in fee simple.
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