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HomeMy WebLinkAbout0884 , ST-38.S30 ~ 355140 va s3~oi~ ~ ~ , . ~ ~Y Loan i x259 VA FORM 26-l~ps IHOME LOAHI r FGORIDA REV. JUNE 197~, USE OPt10NAL ~O SECTION 1010, TIT~E 30, U•S.C. ACCEPTABLE TOFEDERAL NATIOHAL MORTGAGE ASSOCIATION SHORT FORM OF MORTGAGE . - Thia Mott~age, dated the 14th ~Y of Jmuary A. D. 18 ~ by and between P8TB8 A. BORDOI~iAI.I ~d SANDRA G. BORDONALI, his rifa ' hereinafter called the Mortgagor. and G88AT AI~IC.AN 1bBZ~GA~GB CORP. REC~D s S~ V IN PAl'titFNT OF T!J(~s ~3UF ON CLRSS 'C' I4TAPt6BlE Ptii50llA~ PROPEBTY~ ~URStllU1T TO ~ HAP1~' 11- ACTS OF 1!]~, hereinafter called the Mortgagee, :.,c, r~~ a..~ _ Cl CK Ci U T U T 1, , 0 WITNESSETH. that for valuaWe conaiderations, the said Mortgagor does rhere6'y b~ain, 11 ~ and convey unto f~?e said Mortgagee and his aasigns, all that certain patcel of land of which the said ~ ~ i Mortgagor is now seized and possessed and in actual possession, situated in the County of I,p~ig ~ i Q and State of Florida. deacribed as follows: J p b~ Lot 41, Block Y, MARAVILI.A BS?ATBS ucordiag to the ~ X° Plat thessof, aa rtcordsd in PLt Book 8, paga 77, a~ ~ ~ of tha Public Records of St. Lucis Count~, Florida. ~ i - "Ths grantor (s) cro~rtaant (a) aad agrae (a) that ahoald this sacarit~ instr~uent or nots secar~d L~rebp be dtteraiaed ineligible for g~sranty uadsr tba Sartieu~n's Baad~nstasnt Act qithin t~eirtjr (30) da~s fro~ - the dat~ l~sreof (Nrittan statts~at of aay offi.c~r or antborised ageat of i ths Vsteraos l~dainiatrati,oo d~clining to gnuant~e said nota aad/or _ ~ tbia s~cnsit~ instrurat baiog d~e~d eonclusive proof of aaeh ineligibilit~) : ths pYeaeat Lolder of tha nots securad hereb~ or aa~ suba~qneat holdes thaseof ~s~, at its optian, d~cLre all notea aecnsed hereby i~diatel~ due ~ ' aad pa~able." ~ ~ . S Together with aU structures and improvements now and hereafter on said land and the renta, issues and p~o~ts of the above dea~xibed property (provided, however, that the Mortgagor shaIl be entitled to collect and retain the said renta, iasues and profits until default hereunder); and all fuctures now or here- after attached to or used in vonnection with the premises herein dea~xibed and in addition thereto the fol- lowing descaribed hougehold appliances, which are and shall be deemed to be, fuctures and a part of the realty, and are a portion of the security for the indebtedness herein mentioned. Bange, Nall to iiaii Carpating TO HAVE AND TO HOLD the same, and every part thereof, with the appurtenances of the said Mortgagor in and to the satne, and every part and patcei thereof, unto the said Mortgagee in fee simple. The Mortgagor hereby covenants with the Mortgagee, that he is seized of said land in fee simple or such other estate, if any, as is stated hetein; and that said Mortgagor dces hereby fully warrant the title to said land, and every part thereof, and will defend the same against the lawful claims of all persons rvhomaoever. ~ PROVIDED ALWAYS, that if the Mortgagor should pay to the Mortgagee that certain promissory note of even date herewith, made by the Mort~agor and payable to the order of the Mortgagee in the principal sum of ~~q ~~g TgppSAND EIt~flT HUNDB~ FIFTY Dollars, payable in monthly install- A2ID NO/100 menta to principal and interest of aZZg~10 starting on the ~t day of pgggp~y 19 , and if not sooner paid the 5na1 payment being due on the lst day of JAZIUA~Y ~ ~ ~~p ~ , or any extensions or renewals thereof and shall fully pay all other ir.debtedness or liability that may became due and owing hezeunder and secured hereby, and shall faithfully and promptly comply with and perform each and every other covenant and provision herein on the part of the Mortg,agor to be complied with and performed, and every other covenant and provision as contained in that blank or master form of mort~age, which is incorporated herein by reference as if set out herein in full~ then these presents shall be void and reteased at the expen~e of tlie Mortgagor, otherwise to remain in full force and effect. The said blank or master form of mortgage was recorded on February 13, 1970, in the Official R.ecords of the Clerk of the Circuit Court of the following counties in Florida in the Official R.ecords Volume and at the page designated after the name of each county, to-wit: (except that it was recorded in Bradford, Brevard, Duval and Suwannee Countiea on F'ebruary 9,1970, and in Dade County on February 10, 1970j . ~ Bo~263 P~ 869 ~~zsz ~E1943 ~ ~ T}?T5 IS BF'I::C A,FRECOF.DED TO CORXf:CT FIAAI. ;inP.TGACF PAY'~~:t~'T' DATT'. ~ y- ,