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MORTGAGE
Tags Molrro~os, dated the 12th day o[ December , A. D. 19 79 , by and
PAUL C. GILLESPIE ^ r
hceeinaftes called the Mortgagor, sad SUBURBAN COASTAL CORPORATION
, • corporation organised and existing under the Lws
of New Jersey ,hereinafter called the Mortgagee.
Wrrxaassre, that for valuable ooasiderations, the said Mortgagor does hereby grant, bargain, sell, alien,
remise, release, convey, assign, and confirm unto the said Mortgagee all that certain panel of land of which the
said Mortgagor is now seised sad possessed and in actual possession, situated in the county of ST. LUCI E sad
State of Florida, described as follows:
Lot 11, Block 144, LAKEW000 PARK, UNIT ELEVEN, according
to the plat thereof as recorded in Plat Book 11, Page 32A
of the Public Records of St. Lucie County, Florida. ;
"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 Readjustment
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 thereof may, at his option, declare
all notes secured hereby immediately due and payable".
C (7 1e'csho 3 8• ao M P~YAREIfT OF Tugs
e Sg • a CL' t'! CL ~~E 'L' ::sT:~~'?iE PcP..ity=l. PR!1PERTY,
? FL'Z38lYT T~ `HA.i'7:'c 71• .4. ACTS Of 1971.
RdG~:I PLIT~J?S
I C1FR1t g1CWT C~UCT, ST. lU<,lE CO., Fi~/~ M
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~ Together with all structures sad improvemeata now sad hereafter on said Isad, and the rents, isalles, and profits
' of the above described property (provided, however, that the Mortgagor shall be entitled to collect and retain
the said rents, issues, sad profits until default hereunder); and all Sutures 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, Sutures and a part of the realty, sad are a portion of the security for the
~ indebtedness herein mentioned:
1 -Range or counter top unit
Well and Pump
To Hsva axn ro Hor.n the same, together with all and singular the tenements, hereditaments and appur-
tenances thereunto belonging or in anywise appertaining, and the reversion and reversions, remainder or re-
mainders, and also all the estate, right, title= Interest, homestead, dower and right of dower, separate estate,
possession, claim and demand whatsoever, as well in law as in equity, of the said ~ iortgagor in and to the same,
and every part thereof, with the appurtenances of the said Mortgagor in and to the same, and every part and
f pucel thereof unto the said Mortgagee in fee simple.