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TMi~ n~uwc~+~r weer~~co srt W~lter E. Dav~j_17,073
ABSTRACT ~ TtTLE CORP. OR FIA. FLORIDA
~e.euo~a IM~IO,,T~ftN~ ~al'.~1,. !OO S. 2N0 fT. fORT ?~[RCE. FIORIDA 201622
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MOtt~~ AbOt'{~tiua~
MORTGAGE ~ ~ '
~I8 MORTOAQE~ dated the lOth. ~y ~ March ~ A. D. 19 72, by and
betwreen ~e ~llen Boyer and Deborah Boyer. his wife
t
6ereinatter called the 111ortgagor, and
SOVP~RN MO~tTGAGB ASSOCIATES, INC. , a corporation organiaed and existing under the lawe
o[ State of Arkansas ~ hereinafter called the Mortgsgee.
WtrxESS~rtt, that for valuable consideratioas~ the said l~iortgagor does hereby graat, bargain, sell, alien,
remise~ release, convey~ assign, and con6rm unto the said rlortgagee all that certain parcel of land of which the
said biortgagor is now seized and possessed and in actual possession, situated in the county of St ~ Iucie snd
State of Florids, described as follows:
Lot 17, LESS the West 920.5 feet thereof, UNIT U~, ~VILLA GARDENS, as
per plat thereof recarded in Plat Book 6, page 55 of the Public Records of
St. Iucie Cauity, Florida.
The mortgagor covenants and agrees that so long as this mortgage and said
note secured hereby are insured or guaranteed under the provisions of the
Serviceman's Readjustment Act, as amended, he will not execute or file for
record any instrument which imposes a restriction upon the sale or occupancy
of the mortqaged property on the basis of race, color or creed. Upon any
violation of this unaertakinq, the mortqaqee may, at its option, declare
the unpaid ba],ance of the debt secured hereby imnediately due and payable.
The mortgagor further covenants that shauld_the Veterans Administration fail
or refuse to issue its guaranty of the loan secured by this mortgaqe under
the Provision of the Servicemen's Readjustznent Act of 1944, in the s~ of
$9,000.00 within sixty days fran the date of the loan would nonaally becane
eligible for such guaranty, the mortgagee herein aiay, at its option declare
all sanre secured by this mortgage imaediately due and payable.
State Documentary Stamps affixed to the original note and cancelled
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Together with aU structures and improvements now and hereafter on said land, and the rents, issues, and profits
of the above described property (provided~ however, that t.he ~iortgagor shall be entitled to collect and retain '
the said rents, issues, and proSts until default hereunder); snd all fixtures now or hereafter attached to or used
in connection with the premises hemin described and in addition thereto the following 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
indebtedness herein mentioned:
(1) Built in Gas Range ~069-6600 • - -
TO HAVE AND TO HOLD Ltle 38I17@, together with a11 and singular the tenements, hernditaments and appur• 5
tenancea thereunto belonging or in anywise aQpertaining, and the reversion and reversions, remainder or re-
msinders~ and also all t6e estate, right; title, interest, homestead, dower and right of dower, aeparate estate,
posse.ssion, claim and demnnd whatsoever, as well in law ag in equity, o! the said I~iortgagor in and to the same,
and every part thereof, with the appurtenances ot the said `iortgagor in and to t6e same, and every part and
parcel thereoi unto the said ~iortgagee in fee simple. ~ E`C~ IN P11YMOfT OP IAl(84
DUE ON CUSS 'C INTAMGIBLE PfRSOt~lAL PROPEf~iY, ~
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' ~yUAi PURSWNT TO CHAPIER 71-134, ACTS OF 1971. ~~~~t
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