HomeMy WebLinkAbout1626 Walter E. Davis ~ `'~v ~ ~
~~a ~r~r~uKU+T rlt[rAMED ~r: S~1`-18 , 005
vw /re~ ~~iM lHoar Load?OBTRACT A~ TITL.E GORP. OP i~i~l. VA IAdri 20~1?74 jt~Qj~DA
R~vifd Au~~ 19eT. Uw oP~b~y~ S. fND IT. FOIlr r1~IMGi. FLARIDA
8~ctbo Ifi10. THN id U.B.(r--
Acapta~M to P+d~d Nubw!
~lort~ Aaorl~tbo-
MORTGAGE
ltirei Mox~rosaa~ dated the 17th. dsy ot May , A. D. 19 72, by and
~tp~A Charles M. Baker, Jr. and Maz~qaret Ann Baker, his wife
hereinatter caUed the Mortgagor, and
SOUPHSRN IdWtTGAGS ASSOCIATSS, INC.
, s oorporatioa organised e?nd exiaLing under the laws
of State of Arkaasas , hereinsfter c~lled the Mortgagee.
Wrrrrsee~, that for valuable considerationa, the eaid Mortgagor does hec+eby graut~ bsrgsin, eeU~ slien,
remiee, releaee, convey, assiga~ aad con6rm unto the said Mortgagee all that certain paroP.l of la~nd d ~rhich the
said Mortgagor is now seised and poas~sed snd ia actual po~sion, aitw?ted ia the oounty of St. Lucie aad
State of Ftorids, deeciibed as follows:
Lots 1 and 2, Block 4, TR~PICAL BBACH SU~IDISIO~t, as per plat recorded thereof
in Plat Book 10, paqe 9 of the Publa~c Rscords of St. Lucie Ceunty, Florida, LSSS
Sou~herly 12 fest of said I,ot 2 as measured perpendicularly to the South line
of Lot 2 and parallel thereto.
The mortgagor covenants and agrees that so long as this raortgage and said note
secured hereby are insured or quaranteed 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 mortgaged property
on the basis of race, color or creed. Upon any violation of this undertaking,
the martgagee may, at its option, declare the uqpaic] balance of the debt secured
hereby ~ediately due and payable. •
The mortgagor £urther covenants that should the Veterans Administration fail
or re£use to issue its guaranty, of the loan secured by this mortgage under
the Provision of the Servicemen's Readjustment Act of 1944, in the sum of $8,575.00
within si.xty days from the date of the loan would norma22y become eligible for
such guaranty, the mortgagee herein may, at its option declare all swns secured
by this mortgage '~.runediate2y due and payable. ~
State Documentary Stamps af£ixed to the origirial note and cancelled
Together with all strucfur~s and improvements now and her+eafter on said laad, aad the renta, isauea, and profita
of the above described property (provided, however, that the Mortgagor shall be entitled to collect and retain ~
the said rents, issues, and profits ~til default hereunder); snd all fixtures now or hereafter attached to or used
iQ conne~tion with the premises herein deseribed and in addition thereto the following deseribed household applisnc~es,
which are, and shall be deemed to be, Sxtures snd a part of the realty, snd are a portion ot t,~e aecurity for the
indebtedness herein mentioned: \
_
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(1) Westinghouse Range 2•Sodel ~I~230I~ Uytg~1 Q~
(1) Westinghouse D~ishwa~her liodel ~~1t13CXQ3
' (1j ~lestinghouse iterrigera~or Model RT173LLA3
~ (1j Nutone Vent Fan rSoc3el #3083
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TO HAYE AND TO HOLD ~le 38i11@, to~ether w?ith all aad singular the tenemente, hereditameata snd a~,pur-
1 tenances t~ereunto belonging or in anywi.ge a~pert~ining, and tha reversion and revecsiona~ remainder or re-
i msinders, and also all the estste, right~ t~tle, interest, homestead, dower andngfi t of dower, eeparste estste~
~ poasessiun, claim and demnnd whatsoever, as well in law ss in equitp, of t6e ssid 114ortgagor in snd to the same
~ snd every part thereo(, vrith the sppurtenances oi the said Mortgagor in and to tLe same, snd every pert an~
~ parcel thereo! unto the said 1liortgagee in fee simple.
8~( ~.V~ P,1~
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