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HomeMy WebLinkAbout0226 v. P«,. s~~e. ~~+on~ i.~no, FLORIDA R~~isM1 Aus. IWG. Cs~ option~. Seetwn 1~10. Ti~M ~M C.S.I . aa~pu~~N w F.Kiin! ..~p~.~ ~'3U9~3 . MORTGAGE . Ti~[S iNORT(lACE, dated the 5th. day of June ~ A. D. 19 7?, by and ~ between Phillip T. Sryan and Elizabeth Bryan, his wife ~ hereinatter called the Niortgagor, and SO~FiERN MORTGAGE ASSOCIATES, INC. ~ a~~~tion organiaed and existing under the law~ oE State of Arkar~sas , hereinafter called the Mortgagee. _ R1irxESS~~ that for valuable considerations~ the said 111ortgagor does hereby grant, bargain, sell, alien, remise, release, convey, assig~~ and con6rm unto the said Diortgagee all that certain parcel of land oi which the said Mortgagor is now seized and possessed and in actual po~ession, situated in the oouuty of St. Lucie ~d State of Florida, described ss foUows: Co~nence at the intersection of the South line of Lot 3 of ~'S SUBDIVISION of the S~ of the S~+Ific of Section 21, Township 34 South, Range 40 East as recorded in Plat ~ook 3, page 24 of the Public Records of St. Lucie County, Florida, with the Westerly line of Old Dixie Highway; thence run northwesterly alonq the said westerly line of Old Dixie Highway a distance of 136.87 feet to the point of beginning of the property herein described; thence continue northwesterly along the westerly line of Old Dixie Highway a distance of 110.13 feet to a point, which point is the intersection of the north line of said Lot 3 of CARLSAN'S SUBDNISION with the westerly line ot Old Dixie liighway; thence run westerly along the north line of said Lot 3 a distance of 434.5 feet to the east line of New U. S. Hiqhway ~l; thence run southeasterly along the east line of New U. S. Highway ~l a dista~ce of 107.59 feet; thence run easterly along a line. 103 Eeet south of and parallel to the north line of said Lot 3 a distance of 443.55 feet to the point of beginning. Tne mortgagor covenants and agrees that so long as this mortgage and said note secured iiereby are insured or guaranteed under the provisions of the Serviceman's Readjustment Act, as amended, he will not execute or file for record any instrutment which imposes a z-estriction upon the sale or occupancy of the mortgage property on the basis of race, color or creed. Upon any violation of this undertaking, the ~ortgagee ~?ay, at its ~ option, declaz-e the unpaid balance of the debt secured hereby i.-~nediately due and payable. ; ~ ~ The mortqagor further covenants that should the Veterans Ac~inistration fail or refuse to issue its guaranty of the loan secured by this raortgage under the Provision of the Servicemen's Readjustment Act of 1944, in the sum of $9,300.00 within sixty days from the date of the loan would normally becane eligible for such guaranty, the mortgagee herein may, at its option declare all stnns secured by this mortgage iimnediately due ! and payable. , ~ " k State Documentary Stamps affixed to the original note and cancelled. i ~ ~ Toget6er with all structures and improvements now and hereafter on said land, and the rents, issues, and profits ~ of the above described property (provided, however, that the liortgagor shall be entitled to collect and retain : ; the said rents, issues, and pro6ts until default hereunder); and all fixtures now or hereafter attached to or used g in connection with the premises herein described and in addition thereto the followinR described household appliances~ ~ which are, and shall be deemed to be, Sxtures and a part of the realty, and are a portion of the security for the ~ indebtedness herein mentioned: (1) :;enmore Dishwasher-Model 587-Serial No. 718400 ; (1) .ziatnilton Washing ASachine-t~iodel 700-Serial No. WS 757 ~ (1) Gaffers & Sather Stove-2•iodel F 301; Serial No. 177878 (1) Frigidaire Refrigerator-;bdel Gemini-Serial ~159 (coanbination refrigerator and free~er ~ ~ ~ i ~ ^ ; ~ l ~ RECEfIffD; "i~ ~ IN PAYMEHT QF 1!!:ES DiIE ~M MASS 'C' INTMiGIBLE PERS~7NAL PFO.aE:tlY, jr ' PIIRSUANT TO CFiIWTER 71-134. ACTS Of 19~1. t v•` ~ ROGER PORRAS ~ Cl~RK CIRGIIT C0:1.rii. Si. L:.lr•c CO., iU6 ~ ~ ~ ~ TO HAVE AND TO AOLD Lhe sSiile~ toRether with all and singular the tenements, hereditamenta and appur• ; tenances thereunto belonging or in anyw~se a~pertaining, and the revecsion and reve~ions, remainder or re- ~ mainders, and also all the estate, rig6t, t~tle, interest, homestead, dower and right of dower, separate estate, ~ ~ po.s,gession, claim and deme~nd whatsoever, as well in law ss in equity, of the said hlortgagor in and to the same and every part thereof, with the appurtenances of the said ~iortgagor in and to t6e same, and every part an~ ~ parcel t6ereof unto the said ~iortgagee in fee simple. ~ waitAY F_ navis 0 k ~ 7111• INfT*UM[!R PREPARCD eY~ ~~=~i~ ~0~ f~AGE ~26 /~~g~t/~CT 9c TITLE CORP. OF FLA ZOS 8. 1ND ST• FORT P~ERCE. FLOR~DA _ 1 ~ ~ ` ~ ~ _ - ~ ~ , ~ -`i 7.' ~ r ,~1~ ~ ~ a,. ^ ~ ~ s .