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VA FORM 265~0~ IMOME IOANI 1 ' j t ~
REV. JUNE 1l7~. USE OPTIONAI. 14~;,F~~ FLORIDA
SECTION 1t10, TITLE 7~, U.S.C. , jj ~
ACCEPTA6lE TOFEOERAL •
NATIONAI YORTGAGE
ASSOCIATION
PURCNAS~ MONEY
SHORT FORM OF MORTGAGE ~
This Mort~age, dated the 21st dsy oi November A. D. 1977 , by and between
LARRY S. TOWNSEND ~d MARGARET A. TO~JNSEND. his wife ~
hereinatter called the Mortgagor, and ~
Administrator of. Veteran's Affairs.an officer`bf C~te;~nited States
of America,his successors and assigns ~
hereinafter called the Mortgagee,
WITNESSETH, ~st for valuable conaiderations, the said Mort$agor does hereby gi~ant, bargain, sell
and convey unto tlie said Mortgagee and his assi~ns, all that certain parcel of land of which"the ~aid
Mortgagos is now seized and posaes~ed and in actual possession, situated in the County of S t. Luc ie
and State of Florida. described as follows: •
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Lot 7, Block 6, PINECREST ESTATES, UNIT ONE.
a subdivision according to the Plat thereof
as recarded in Plat Book 16, Page 34,of the
Public Records of St. Lucie County.Florida.
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Together with all structures and improvementa now and hereafter on said land and the rents, issues
and pco6ts of the above described pcoperty (provided, however, that the A~Iortgsgor shall be entitled to
collect and retain the said rents~ i~u~ea snd profits until default hereunder); and all fiatures now or here-
; after attached to or uaed in oonnection with the premisea herein deacribed and in addition thereto the fol-
f lowing descxibed household applianoes, which are and ahall be deemed to be, fistures and a part of the
~ realty, and are a portion of the security for the indebtedness herein mentioned.
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i TO HAVE AND TO HOLD the same, and every part thereof, with the appurtenances of the said
~ Mortga~or in and to the same, and every part and parcel therEOf, unto the said Mortgagee in fee simple.
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~ The Mortgagor hereby covenants with the Mort$agee, that he is seized of said land in fee simple or
~ such other estate, if any, as is stated herein; and that said Mort~agor does hereby fully warra-~t the tiUe to
~ said land, and every part tl~ereof, and will defend the same a~ainst the lawful claims of all peraons
~ whomsoever.
° PftOVIDED ALWAYS. that if the Mort~gor should pay to the Mortgagee that certain promissory _
~ note of even date herewith, made by ihe Mortg,agor and payabie to the order of the Mortgagee in the
~ principal sum of ~IRTY-ONE THOUSAND ($3 L~J00.00) Dollars, payable in monthly inatall-
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~ menta to principal and interest of 5238 . 37 starting on the ls t ~y of January
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~ 19 78 , and if not aooner paid the final payment being due on the ls t ~y of December ;
~ 2007 , or any extensions or renewals thereof and ahall fully pay all other ir.debtednesa or liability that ' :
~ may become due and owing hereunder and aecured hereby, and shail faithfully and promptly comply with °
r and perforna each and every other covenant and provision herein on the part of the Mortt~aagor to be
5 complied with and pedormed, and every other covenant and provision as contained in that blank or maiter
form of mort~age, which is incorporated herein by teference as if set out herein in full. then these presenta ~
~ shall be void and released at the eapense of tltie 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 Of~icial Records of the
~ Clerk of the Circuit Court of the following countiea in Florida in the Official R.ecorda Volume and at the
~ page desi~r?ated after the name of each oounty. to-wit: (except that it waa recorded in Bradford, Brevard, .
- Duval and Suwannee Counties on February 9,1970, and in Dade County on Fetxuary 10, 1970)
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