HomeMy WebLinkAbout1042 vs ~tio~o. - ~ S`T-17.093
rt.~eee i•~. oN~io~. VA Lodri 199559 FLORIDA
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MORTGAGE ~ ~
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1~ia MoR~rasaa. dated the 3rd. day ot March ~ A. D. 19 72, by and ~
bet~een gric Suqene Young, a sinqle man ~
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hereinafter caUed the 1liortgagor, and
J. T. STBWART MOdtTGAGS CaMPANY, INC. ~ a corporation organized and existiag under the laws
ot State of Florida , hereinafter called the Mortgegee.
WtrHr~a~t~ that for valuable considerationa~ the said Tiortgagor does hereby grant, bargain, sell, alien~
remise, release~ convey~ assign~ and con6rm u~[to the said hiortgagee all that certain parcel of land of wtuch the
said Mortgagor ia now seised and posse~ed and ia actual poe~ioa, situated in the oounty ot St • I.ucie ~d
State of Florida, de~cribed as follows:
Lot 17. C. A. IaI~LSR SUBDIVISION, according to the Plat thereof as recorded
in Plat Book 3, paqe 16 of the Public Records ot St. Lucie County, Florida.
The mortgagor covenants and aqrees that so long as this mortqaqe and said
note secured hereby are insured or guaranteed under the provisions of the
Serviceman's Readjustsnent Act, as asnended, he Will not execute or file for
record any instrument which imposes a restrictian upon the sale or occupancy
of ttie mortgaqed property on the basis of race, colar or creed. Llpon any
violation of this undertaking, the mortqa4ee may, at its option, declare the
unpaid balance of the debt secured hereby imaediately due and payable.
The mortqaqor further covenants that should the Veterans Acbninistration fail
or refuse to issue its guaranty of ths loan secured by this mortgage under the
Provision of the Servicemen's Readjustment 1~?ct of 1944, in the sum of $6,600.00
within sixty days from the date of the loan would normally became eligible for
such guaranty, the mortgagee hexein may, at its option declare all swns secured
by this mortgage inrmediately due and payable.
State Documentary St~nps affixed to the original note and cancelled.
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Together wit6 all structures and improvements now and hereafter on said land, and the rents, issues, and profits
of the above described property (pmvided, however, that the Diortgagor shall be entitled to collect and retain
the said rents, issues, and profits euitil default hereunder); and all fixtures now or hereafter attached to or used
in connection with the premises herein described and in addition thereto the following described household applianoes,
which are, and shall be deemed to be, fixtures and a part of the realty, and are a portion of the security for the
indebtedness herein mentioned:
~ (1) International Harvester Refriqerator -~54-397296 - P 138685-3
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~ ~ ~ ~ (1j Frigidaire Range ~665-65122 - RAN-L
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TO HAVE AND TO HOLD LbC sBmC, together vvith aU and singular the tenements, hereditaments and appur- ;
tenancea t6ereunto belonging or in anywise appertaining, and the reversion and reversions, remainder or re- ;
mainders, and elso all t6e estate, right, title, uiterest, homestead, dower and right ot dower, separate estate, ~
pos.9ession, claim and demnnd whatsoever, as well in law es in equity, of the said riortgagor in and to the same ~
snd every part thereof, wit6 the appurtenances of the said Mortgagor ia and to the same, and every part an~ ~
parcel thereoi unto the said :liortgagee in iee simple. S
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