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•s r~. ~ ~b~. FIARIDA
Revis~d Yar 1981.U1~ eptle~rl. ~~~~3
A«~ x Nub~l THIS INSTRUMENT PREPARED BY :
FIRST ATLANTIC MORTGAGE CORPORATION
~ MORTGA~~ a4350 SW 119th Avenue
Miami, Florida 33186
19 86 . by ~ad ~
11at6 Mo~em~?os~ dated tbe 13th day ot June • ~ 7
between JOHN C. PAXTON, an unmarried person ,
t0
bereinatter called the Mort~aaor, aad FIRST ATLANTIC MORTGAGE CORPORATION
~ a oorporatioa organised and e~oating under the laws
ot THE STATE OF FLORIDA , hereinaiter called the Mortgagee.
Wmvses~cx, thst for valusble coasideratione, the said Mortgagor doea hereby grant. bargain, eell, alien,
nmise, nkaee. oonvey, saeiga, aad ooafirm unto the aaid Mortgagee all that oertain parcel of lsnd of which the
said Moctga6or ie no~r aeised and poeeeeeed aad in aci,ual poe~ion, situated in the oounty of ST. LUCIE and
8tate ot Florida, described as iallowe:
Lot 27, Block 1146, PORT ST. L'JCIE, SECTION NINE, according to
the Plat thereof, as recorded in Plat Book 12; at Pages 39A
through 39I, of the Public Records of St. Lucie County, Florida.
S~'
S In Paym~nt Ot Tax~s
Due On C ass 1n,an ;ib~e Personal Prop~nY~ •
Pursuant To Gh4~ er 71, 134, At~t~ Of ~ 1•
FtOGER P~I TRAS ~
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Clerk CirCUit Cour4 SL Lucta, CO..
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~ Together witb all stnictucea sad improvements now and hereafter on aaid laad, and the renta, iasuea, and profita
of the above described property (provided~ however, that the Mortgagor ahall be entitled to collect and retain
~ the said rents, iasues, and pro6ts until default hereunder); sad all fi~ctures no~v 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, fixtur~ and a part of the reaity, end are a portion of the security for the
indebtedness herein mentioned:
The Mortgagor covenants and agrees that so long as this Mortgage and said Note
secured hereby and insured or guaranteed under the provisions of the Servicemen's
Readjustment Act, as amended, he will not execute or file for record any instrument
which imposes restriction upon the sale or occupancy of the mortgaged property on
the basis of race, color or creed. Upo~i any violation of this undertaking, the
Mortgagee may, at its option, declare the unpaid balance of the debt secured hereby
immediately due and payable.
The Mortgagor rurther covenants that should the Veterans Administration fail or
~ refuse to issue ~ts guarantee of the loan secured by the Mortgage under the pro-
~ visions of the Servicemen's Readjustment Act of 1944 within 90 days from the date
~ this loan would normally become eligible for such guarantee, the Mortgagee may, at
its option, declare all sums secured by this Mortgage immediately due and payable.
~
TO HAVL AND TO HOLD th8 98II18~ toðer with sll and singular th~ tenements, hereditaments end sppur.
tenances thereunto belonging or in snyw?se a~partaini~ig, and the reversion and reversions, remainder or re-
mainders~ and also all the estate, right, title. interest, homestead, dower snd right of dower, separate estate,
possession, claim and demnnd whatsoe~ er, as well in law as in equity, of the said :~iortgagor in and to the same,
and every part t6ereof, witb the appurtenences of the said Mortgagor in and to the same, and e~ery part and
parcel thereof unto the said :liortgagee in fee simFle:
~~ooK P~r,E ~26
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