HomeMy WebLinkAbout0888 v. x~m. ~u~~~» ~.N.~~~ vA ;.oan 20'l0•::; FLORtDA
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MORTG~GE ~
~I~i18 MOR7'GAGE. dated che ~tn, day of ~:=ne ~ A. D. i9 , by and
between Donald Peter~on and S'ung Cha Peterson . his r~~.?;~
hereinafter called the \lortgagor, and
SOii`i.=i~~I I~,ORi'GAG~ ASSOCIATES, ItIC.
, a corporation o~ganized and existing uader the laws
of State of I~rkansas , hereinafter called the Mortgagee.
R'IT~IFSSF.TN~ that for valuable considerations, the said rlortgagor does hereby grant, bargain, sell~ alien,
~ remise, release, convey, a.s~ign, and confirm unto the said ~iortg:~gee all that certain parcel of land of which the
said b~iortgagor is now seized and po.ssessed and in actual possession, situated in the couuty of St. Lucie ~d
State of Florida~ described as follows:
Lot 12, Block 3, SUI~SI:T PAR?: R~PLAT as per plat thereof recorded in Plat
Boo;c 11, page 2^, of the public recorc3s of St. Lucie County, Florida.
The nortqagor covenants and agrees that so long as this mortgage and said
note secured hereby are insure~ or guaranteed under the provisions o~ tiie
Servicer.~en's Readjustment Act, as amended, ne will not execute or ~ile for
record any instrutr.ient which ir.?p~ses a restriction upon the sale or occupancy
of the mortgage propc~rty on the basis of race, color or creed. Upon any
~ violation of this underta~:ing, the nortgagee may, at its cp~ion, decl~,re
the unpaid balance of the debt secured hereby immediately due and paya~le.
The m~rtgagor further covenants that should the Veterans Administration
fail or refuse to issue its r,uaranty of the loan secured by this ~:ortgage
under the Provision of the Servicemen's R,eadjustment Act of 1944, in the
sur.~ of $9,~~20.00 within s~y days from the date of the loan would nonnally
b~come eligible for such ~a<:~ a.~ty, the r.ior~ga5ee herein ma1, at its option
- ~eclare all su.~ns secured ay this nortgage im^~ec:iately due and payable.
State Doctuaentary Stanps a~fixed to tne original note and cancelled.
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~ Together aith all structurPS and improvements now and hereafter on said land~ and the rents, issues, and profits
€ of the above described property (pro~ided~ hoRever, that the 1lortgat{or shall be entitleci to collect and retain
~ the said mnts, issues, and pro6ts until default hereunder); and all fixtures now or hereafter attached to or used
in connection with the premises herein described and in addition thereto the folloa~inR describeci household appliances,
~ which are, and shall be deemed to be, fixtures and a part of the realty, and are a portion of the security for the s
~ indebtedne~ herein mentioned:
~
~ ) Di~:ie Stove-~:odel 47111-Se_ ic:l ;~~107
~ (1) Sears Air Conditioner-::odel lOG-67630-~eral ;r7D29434~
~ (1) 3roan Ven~ ran ~672
~
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~ RECEIYED ~.~,..1,L~~N MYMENT OF TA~
~ DI:E ON CI/ISS 'C' INTAt~61M.E PERSOIIAI ?~OPERiY,
~
~ PYI~UMiT 1~ Cf1APiOt 71•l~{. ACiS Of 1s71. G
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R08ER ro1TRl4~ Cl~tk ~n~it CwR ~t twM Oo~ Fla ~ i
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TO HAVE AND TO HOLD t~1C SBTIIC~ to~ether with all and singular the tenements, hereditaments and appur- ,
tenances thereunto bclonging or in anyv~nse aQpertainii?g, and t6e reversion and re~ ersions, remainder or re- '
~ mainders, and also all the estete, right, title, interest, homestead, doaer and ri~ht of dower, separate estate, ;
~ po~session, claim and demnnd a~hatsoever, as well in law as in equity, of the said ~lortga~or in and to the same,
end every part thereof, w•itl~ the appti~rtenances of lhe said ~iortgagor in and to the same, and every part and
~ parcel ihereof unto tl~e said ~lortgaKee in fee simple.
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