HomeMy WebLinkAbout0862 S-8821 GSM
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MORTGAGE
Tees MORTOAOS, dated the 25th day Of October , A. D. 1979 , by and
between ROBERT LEE RAMSEY
hereinafter called the 1V,tortgagor, and The Lomas and Nettleton Comparry, a Connecticut corporation
with principal place of business at 230 George Street, New Haven, Connecticut 06510 .
a corporation organised and existing under the laws
~ Connecticut ,hereinafter called the Mortgagee.
Wrrrtsess~rtr, that for valuable consideratioaa, the said Mortgagor does hereby grant, bargain, sell, alien,
remise, release, convey, assign, and confirm unto the said Mortgagee aU that certain parcel of lead of which the
said Mortgagor is now seined and possessed and is actual possession, situated in the county of St . Lucie and
State of Florida, described as follows:
Lot 16, Block I, MARAVILLA ESTATES, a Subdivision according to the
Plat thereof as recorded in Plat Book 8, page 77, of the Public
Records of St. Lucie County, Florida.
The Grantor(s) covenant(s) and agree(s) that so long as this Deed of Trust, Security
Deed, or Mortgage, whichever is applicable, and the Note secured hereby are guarante-
ed under the Servicemen's Readjustment Act, or insured under the provisions of the
National Housing Act, whichever is applicable, he will not execute-or file for record
any instrument which imposes a restriction upon the sale or occupancy of the subject
property on the basis of race, color or creed. Upon violation of this covenant, the
note holder may, at his option,. declare the unpaid balance of the debt secured hereby -
immediately due and payable.
The Grantor(s) covenant(s) and agree(s) that should this security instrument or note
secured hereby be determined ineligible for guaranty under the Servicemen's Readjust-
ment Act within thirty (30) days from the date hereof (written statement of any officer
or authorized agent of the Veterans Administration declining to guarantee said note
and/or this security instrument being deemed conclusive proof of such ineligibility)
the present holder of the note secured hereby or any subsequent holder thef may,
at his option, declare all notes secured hereby immediately due and payable.
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f Together with ell structures and improvements now and hereafter on sa'sd land, and the rents, issues, and profits -
of the above described property (provided, however, that the rortgagor shall be entitled to collect and retain
the said rents, issues, and profits until default hereunder); and all fixtures now or hereafter attached to or used
in connection with the premises herein described and in addition thereto the following described household appliances,
which are, and shall be deemed to be, fixtures and a part of the realty, and are a portion of the security for the
indebtedness herein mentioned:
Range or counter top unit, dishwasher, refrigerator, disposal and wall-to-wall
carpet.
~ Reoslwd • in Payment Ot Taxes
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Dui On Gass "Cr' intangible Porsonal Propsrty,
~j • *unuent To ChspRa 71,154, Acs OI 111'11.
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TO HAYS AND TO HOLD the Same, together with ell and singular the tenements, hereditaments and appur-
tenances thereunto belonging or in anyvnge aQpartainillg, and the reversion and reversions, remainder or re-
mainders, and also all the estate, right, tale, interest, homestead, dower and right of dower, separate estate,
possession, claim and demand whatsoever, as well in law as in equity, of the said Mortgagor in and to the same,
and every part thereof, with the appurtenances of the said Mortgagor in and to the same, end every part and
parcel thereot unto the said 11'Iortgagee in fee simple.
3.,,'~ 319 ~0