HomeMy WebLinkAbout1503 ; • i 1 . i ~ r
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MORTGAGE ~
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~IB MORT()A(iE~ deted the ~7th. ~3? ~ May ~ A. D. 19 73 ~ by and ~
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hereinaiter caUed the Mortgagor, and
McCaughan Mortgage (bmpany, Inc. ~ a corporation organised and existing under the lswa }
of State of Florida , hereinafter called the Mortgegee. ~
WrrxESS~ret~ that for vuluable considerationa~ the said hlortgagor dces hereby grant~ bargain, sell, alien, {
remise~ release, convey, assign, and confirm unto the said Mortgagee all that certain paroel of land of which 6he i
said Mortgagor is now seirscl and poesessed aad in actual po~sessioa, situated in the oounty o~ 5t. Lucie and
Stste d Florida, described ss followa: ~
Ipt 21, Block 7, I~?RNl~NY HEIGHTS ADDITION NO. 4, as according to . '
the plat thereof recorded i.n Plat eook 9, page 71 of the Public i
Reoords of St. Liucie ~unty, Florida. ~
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~ The mortgagor cavenaats mad agrees that so long as this mortgage ~d said
note secured hereby are insured or guaraateed uader the provisions of the.
Servicemen's Itead~ustnent Act, as aseaded, he vill not eaecute or file for ~
record aay instru~ent vhich imposea a restrictiaa upon the sale or occupancy ~
af the mortgaged praperty on the basis of race, color or-creed. Upon any ~
violation of this undertaking,_the sortgagee may, at its option, declare ~
the uapaid balance of the debt secured hereby immediately due and payable.
The mortgagor further cvvenants that should the Veterans Administratian fail ~
or refuse to issue its guaranty of the loan secured by the mortgage under
the Pravisioa of the Service~men's R~ead~ustment Act of 1944, in the sum of$11,430.00
within sixty days from the date of the loan would normally become eligible for
surh guaranty, the mortgagee herein may, at its op~ion declare all sums secured ;
by thie mortgage i~ediately due and payable.
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; STATE DOCUI~NTARY STAt~S AFFIRED TO THB ORIGINAL NOTE AND CANCELLED.
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Together with all structures and improvements now and hereafter on said land, and the renta, issues, and pmfits
of the above described property (pmvided, however, that the biortgagor shall be entitled to collect and retain
the said rents, issnes, and pmfits until default hereunder); and all Sxtures now or hereafter attached to or used
in connection with the premises herein described and in addition thereto the following described household sppliances,
which are, and shall be deemed to be, fixtures and a part of the realty, and sre a portion of the security for the
indebtedness herein mentioned: 4
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(1) General Electric Refrigerator-Serial No. H4469-625 ~
(1) Hotpoint Stove-Model ~318RB61 {
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~ " RE~ O IN PAYMEt1T OF tAX~
~ OtlE ON C111SS 'C INTANGIBL.E PE:2S0~41 PRQPERn.
~ pU~IT TO CHAPTER i1-131. AC1S OF 1l11. ~~c
Rp(',ER tORRAS , 1 ;
~ CLERK CIRCli1T 0~~. ST. WCIE 00, Fu ~ ;
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TO HAYL AND TO HOLD Lh@ 3Bi118~ topether with all and singular the tenements, hereditamenta and appur- ~
~ belo ' or in an se a ertaini and the reversion and reversions, remainder or re-
~ tenancea thereunto nging yvv~- Qp ~8~
~ mainders, and also all t6e estate, right, title, u?terest, homestead, dower and right of dower, separate estate,
pos.aession, claim and demnnd whatsoever, as well in lew as in equity~ of the said 11Sortgagor in and to t6e same
and every part thereof, wit6 the appwtenances of the said Mortgagor in and to the same, and every part an~
parcel thereof unto t6e said Siortgagee in fee simple.
` TMIf INHTRUMENT PREPARED er~ Wa1tCr E~ DrZV~.S
6Q~,~ F~~ ~~jo~ ABSTRACT @ TITLE CORP. OF FL.A.
j V 205 6. 2ND 8T. FORT PIERCE. ~LORIDA
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