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HomeMy WebLinkAbout2602 ST-'1,9~I' t~ :r~an 219~2~ ~'A P~es~ ~i-~JM (llwne Iwwni Ns~~ue~f ISMrl. (':e optiondi. F~~DA ~ectao 1ti10. TitM 7+t t'.~.1'. ~ Ar~epta+•le to F vftr~l \rtwna! Alortr~ Ai~utwa MORTGAGE 2'~3~s9 TH18 MORT(3AGE~ dated the ?th. ~,y of DPCer,wer , p, D, 19 ~2, by and ~ta'~n Lawrenc~ i~Y:wartz a~d iAia M. Schr,arta., h;_s wife hereiaaiter called the Tlortgagor, and J. T. ST~~ART MQRTGAGE CrJMPAt~IY, I~IC. , a eorporation orqanised and existing under the laws of ~tate af Florida . , hereinafler called the 11'Iortgagee. Wrrivess~rH~ that for valuable considerations~ the said ~Iortgagor does hereby grant, bargain~ sell, alicn, remise~ release, convey, a~~i~n, and confirm unto the said Tlortgugce ull thAt certain parcel of land of which lhe said 11~Iortgagor is now seized and possessed and in actual possession, situated in the couuty of St . Lucie and State of Florida, described as folloa~s: ;ots ~ ar~ R?ock 14, I~AK~,'ry3^ FA?2K, TINIT PX~. 2, ac~ording to the glat recorded t::c~re~of in Plat Book 10, page 56 and 56A thru 56C of the ?~ublic Recor~3s nf St. Lucie Cbunty, Florida. The mort~a~or covenants and agreas that so long as this mortgage and said note secured hereby are insured or guaranteed under the provisions of the Servicemen'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 mortRaged property on the basis of race, color or creed. Upon any violation of Lhis undertaking, the mortgagee may, at its optian, declare the unpaid balance of the debt secured herebq immediately due and gayable. The mortgagor further covenants that should the Veterans Administration fail or refuse to issue its guaranty of the loan secured by ~e mortgage under the Provision of the Servicemen's Read~ustment Act of 1944~ in the sum of 512,499.20 within sixty days from the date of the loan would normally become eZgible for such guaranty, the mortRagee herein may, at its option declare all sums secured by this mortgage immediatelq due and payable. STATE DOCt2iEI3TARY STA.*~'S AFFIXED TO THE ORIGINAL NOTE AND CANGELT.Eb Together with al! structures and improvements now and hereafter on said Iand, and the rents, issues, and profits ' of the above described properiy {provided, however, that the ~lortgagor shall be entitled to collect and retain the said rents, issaes, and profits 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 following described household appiiances, which are, and shall be deemed to be, 6xtures aad a part of the realty, and are a portion of t6e security for the indebtedness herein mentioned: ,f ~ i ~ . 4 !i` T•:est~n,~~ouse Stove-~'~~?el v^' 73~ ~ i i ~ C, ~E~ ~ t1~~ ~ ~ ~N P~` 1t ~ G18~E QE4~S OF 19)1. ,~0 ~N~~ j1.~3A. ~ RE~ CV~ ZER ~Tt~ rp.. ~'i~' 0~ S~t t0 t~'p~,~AP~s~. ~~~E ~,q~`\ ~ n - ~ TO F~AVE AND TO HOLD 1,~1@ S&Rl@, to~ether with ail and singular the tenements, hereditaments and appur- tenances thereunto belonging or in anyvri~e a~pertaining, and the reversion and re~ ersions, remainder or re- meinders, and also all the estate, right, titte, interest, homestead, dovrer and right af doKer, separate estate~ possession, claim and demnnd whatsoever, as weU in law ss in equity, of the said ~fortgagor in and to the same, and e~-ery part thereof, w ith the appurtenances oi the said :liortgagor in and to the same, and every part end parcel thereof unto the said ~fortgagee in fee simple. T.~a~ t~r r. ~a TN13 fAfYfRU1v.ENT PREnqR[O bY~ ~ ~ ~ ABSTRAC7 & TITLE CORP OF FLA. n Rr ('1O~ ~Ayi ~ 20S 6. ~ND ST. FORT PI£P.GE. FLOHIOA 1~ ~/'1Jo~ ~ - ~ `~'~`'~'~i ~ ~ ~ '~e~2~,~~ ~ ~ x 3 ~ h ~'~.Y:~~'Ye{ ---"r"~`QS~I~`"~_ . _ . ~ _ 1+& 'd^`' " ~3C.