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HomeMy WebLinkAbout1146 ~ ~ ~ ~n~ ~.,~~fnX~~~~.. VA iORM 26~3t~ INOYE IOANI REV. JUNE 1!7{. USE OPTIONAL a~ ~~N~~~ ~ SECTIOIJ 1~10, TITLE l~, U.S.C. w]]•1K. ~s ACCEPTAB4E TO FEOERAL ~ ~ NATIONAL MORTGAGE ~E ~ ~ ~~1~ ASSOCIATtON ~ Ww.. s~• SHORT FORM OF MORTGAGE This Mort~age. dated the 3rd day of SeptembeT A. D. 197 S , by and betvreen RIG~iARD G. S(~~Q17T ~d ELEANOR M. SG~MIDrf, his wife hereinafter caUed the Morfgagor, and ~S AI~iD N~T17,h'TON ~ANY, a ConneCticut Corporation with principal place of business at 175 OraTMge Street, New Haven, Connecticut 06510, a corporatio~ organized and existing under the laws of Connecticut hereinafter caUed the Mortgagee, . . WITNESSETi~, tl~at for valuabie considerations, the said Mortgagor doea hereby ~rant, bargain, sell ~nd convey unto tbe aaid Mort~agee and his aasigns, all that certain parcel oi land of which We said Mortgagor is now seir,ed and po~d and in actual possession, situated in the County oi St. Lucie and State of Ftorida, deacribed as followa: 21, gIACK 197, PORT Sf. LUCIE SBLTION PO[JR, a subdivision accordi~g to the Plat thereof recorded in Plat Book 12, pages 14A-14F. - of the Public Records of St. Lucie Co~ty, Florida. The grantor(s) covenant(s) and agree that so long as this I?brtgage and Note secured hereby are guaranteed under the Servicemen's Readjustment Act, or insured ~wder the provisions of the National Housing A+ct, whichever is applicable, he will not execute or file for record any instnunent which i~oses a restrictions upon the sale of . ~ cy of the subject property on the basis of race, color or creed. Upon violation - of~ covenant, the note holder may, at its option, declare the unpaid balance of the debt secured hereby imnediately due and payable. The Grantor (s) covenant (s) and agree that should *~i.s securii;~ instn~t or ns~te secured hereby be deteYmined ineligible for guaranty un~der the Servi.cemen's Readjust- ment Act within thirty (30) days fram the date hereof (written statanent of any officer or authorized agent of the Veterans Ac~ministration declinin~g to guarantee said note and/or this s~urity instrwnent being deened c~clusive proof of such ineligibility) tl~ present holder of the note secured hereby or any subsequent holder thereof, may, at its option declare all notes seeured hereby imn~ediately due and payable. Tog+et6er with all strucbu+ea and improvements now and heresfter on said land and the renta, issues and pcofits of the above deacxibed pcopezty (~ovided, howeves, that tbe Mortgagor shsll be eatitled to oollect and retain the said renta, iss~s and pro5ts until default hereunder); and all tixtures now or here- a~ter attached to or ueed in oonnection with the premises herein descxibed and in addition thereto the fol- lowing desc~ribed household appiisncea, ~vhich are snd shaU be deemed to be, 5atures and a part of the reaity, and are a portion of t6e security for the indebtedness heTein mentioned. t ~ Range, dishwasher, range hood, fire detector, wall-to-wall carpeting ~ Z`O HAVE AND TO AOLD the same, and every part ffiereof, wi~ the appurtenances of the said r Mortgagor in and to the same, and every part and parcel thereof, unto the said Mortgagee in fee simple. ~ The Mortgagor hereby covenants with the Mortgagee, tbat he ia seized of said land in fee simple or ~ such other estate, ii any, as is atated herein; and that said Mort~agor dces hereby fully warrant the title to ~ said land, and every part tliereof, and will defend the sazne against the lawful claims of all penona whomaoever. PBOVIDED ALWAY3, ~at if the Mort~agor should pay to the Mortgagee that certain promissory note of even ~ate herewith, made by the Mort~agor and payaWe to the order of the Mortgagee in tLe ~ principal sum of -~enty-eight thousand f ive fi.uldrecl- Dollars, p~yable in mon~Iy ic~stail- ments to principal and interest oi a 209.19 starbng on the lst ~y of Novanber ~ f ~ 19 75 , and if not sooner paid the 5na1 payment being due on tlie lst day of p~tober ~ 2005 , or any extensions or renewals thereof and shall fiilly pay all other indebtedness or liability that ~ may become due and owing hereunder and secured hereby, and shall faithfuUy and promptly comply rvith ~ and perform each and every other covenant and provisio~-herein on the part ot the Mort~agor to be ~ complied nvith and pedormed, and every other covenant and provision as contained in that blank or maiter form of mort$age, which is incorporated herein by reference as if set out herein in full, then these presenta shall be void and rEleased at tl~e eapenae of the Mortgagor, otherwise to remain in i'ull force and effect. The said blank or master form of mort~age wes recorded on Felxuary 13, 1970, in the Official R.ecords of the Cterk of the G~rcuit Court of tl1e following counties in Florida in the Official Itecords Volume and at the p~ag~e designated after the name of each eounty, to-wit: (except that it ~vas reeorded in Bradford, Brevard, Duval and Suwannee Counties on February 9,19T0, and in Dade County on Februsry 10,1970) gooK~43 P~~f1.146 . _ _ _ _ . . ~ - " .x y a- . . S`y ~+Y', n~_ . a.,-. y,~,~- ~ ~ - .-.~°P: .'3c~~:;`~~,i3 _