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HomeMy WebLinkAbout0401 1 J ST-37,322 V VA FORM 26-0~l0 (MOME LOAN) 3(~~`~`15 VA 327330 REV. JUNE 1f7~. USE OPTIONAI LOSD ~ZI~FI F'WRIDA SECTION 1010, TITLE 7!, U.S.C. ACCEPTABLE TOFEDEpAL NATIONAI MORTGAGE ASSOCIATION SHORT FORM OF MORTGAGE This Mort~a~e, dated the 30th ~Y of September A. D. 19 76 , by and betweea i~IILLIH DHIGHT MAI.LARD and hereinafter called the Mortgagor, and ~ CRBAT At~RICAN 1~RTGAGB CORP. hereinatter called the Mortgagee, S3 rt~ag by gisn bargain WITNFSSETH, tliat for valuable conaiderations, the said Mo or does here t, , sell ; and convey unto the said Mort~gee and hia assi~ns, all that certain parcel of land of which the aaid ; Mortgagor is now seized and poases6ed and in actual poasesaion. aituated in tl~e County oi ST. IACIE i o and State of Florida, deacribed as follovYS: ~ ~~Q pO N REC~q~ a~r HI FINIIIIE1ff ~ jAXEi ~ Lots 23 and 24, Block 2, DR,EA~QrArID PARK according ~~Rn. cr+wr~R n-~K. ~crs Q iu~. N f, to the Plat thereof , as recorded in Plat Book 7; ~ ~o~t ~ort~a.t ~t l~a ~ o page 38, of the Public Recozds of St. Lucie Couaty, ~AC o1~1~N~ oeu~, st ~E ap., Fu ~ _ ~ Florida. ~Piw~i~+~+s t a`~08_"~d/-- d Oa QpO~S .a - . , USE 0't!.r t ~ STATE DOCUI~NTARY S?AHPS AFFIRED TO T~ ORIGINAL NOTS AND CaNCffi.LED. "The grantor (s) covenant (s) aad agree (s) that sbould this security iiutrumeat or note secured hereby be determined iaeligible for guaraaty uader the Servicemen's Readjuataeat Act within tbirty (30) days fraa the date hereof (writtea statemeat of any officer or authorized ageat of the Veterans Adninistration decliniag to guarantee said aote and/or this security instruoent being deeaed conclusive proof of such ineligibility) ~ the present holder of the note secured bereby or any subaequeat holder N thereof may, at its option, declare all notes aecured hereby i~ediately due and payable." ; Together with ail struchues and improvements no~v and hereafter on said land and the renta, issuea and profits of the above deacribed propaty (provided, however~ that the Mort~agar shall be entitled to ~ coUect and retain the said rents, issues and profita until default hexeunder); and all fiiturea now os here- ~ after attached to or uaed in oonnection w?ith the premises herein deacribed and in addition thereto the fol- ~ ( lo~ving described household appliancea, which sre and shaU be deemed to be, futurea and a part of the realty, and are a portion oi the aecurity for the indebtednesa herein mentioned. Range, two sir conditioners 'PO HAVE AND TO HOLD the same, and every pact thereof, with the appurtenances of the said Mortgagor in and to the same, and every part and parcel thereof, untfl the aaid Mortgagee in fee smple. The Mortgagor hereby covenants with the Mort~agee, that he is eeized of said land in fee simple or such other estate, if any, aa is stated herein; and that said Mort~agor does hereby fully warrant the title to ~ said Isnd, and every nart tl~ereof, and will defend ihe same aaainst the lawful claims of all penons : whomaoever. ! ~ ~ { PftOVmED ALWAYS, that if the Mort~agor should pay to the Mortgagee that certain promieeory - note of even date herewith, made by the Mort$agor and payable to the order of the Mortgag~ee in me ' principal sum of N~g~g~ ~gpD~ FIVE HUNDRED AND NO/100 Dollars, payable in montlily install- menta to principal and interest of E 149.95 $~~g O° ~ FIRST ~Y of NpOgl~Eg 19 76 , and if not sooner paid the 5na1 payment being due on tlie FIRST day of OCTOBSB 2pp6 , or any extensions or renewals ther~of and ahall fully pay all other indebtedness or liability that may become due and owing hereunder and secured hereby, and ahall faithfully s.~d promptly comply with and perform each and every other covenant and provision herein on the part of ine Mort~agor to be complied with and performed, and every other covenant and proviaion as contained in that blank or mader form of mort~ge, which is incorporated herein by reference as if set out herein in fuU, Wen tl~eae preset?t~ shall be void and released at the ezpense of the Mortg~gor, otherwi~e to remain in full forae and effect.'17~e said blank or maater form of mort~ege waa recorded on Febcuuy 13, 1970, in the Of6cial R~ecords oi the Clerk of the GSrcuit C:ourt of ~e following counties in P7orids in tl~e Of6cial R,eoords Volume and at tbe p~~e designated after the name of each oounty, to-wit: (ezcept ~at it was recorded in Bradford, Brevard, Duval and Suwannee Counties on Fetxuary 9, 1970, and in Dade C~nty on Febcuary 10,1970) r^~K250 PAG4 ~~7~ Du~.