HomeMy WebLinkAbout0970 A:'~~i;~~6H8571
x~ ~"oR» ~,°.o~ FLORIDA
R~vis~A tit:u Iv8~.C» oDtbnal.
Netbo 1610. TItN A1 V.V.C.
AccrptaAN b F~Aut! N~tbnal
Mot~~ Araiatbn ) '7
MORTGAGE +
Z~IIB MORTOAQ~, dated the 19rh day of Dec~rrber , 19 86 , by and
bet~veen
RAYN~Nll RYAN and MDIRA RYAN, his wife
hereinalter called the h2ortgagor, ~?nd ALLIANCE MORTC~IGE COI~IPANY ~98~'~
, a corporation organised and existing under the laws
ot STAZE OF FL,ORIIaA ~ hereinaEter called the Mortgagee.
WrrevESe~~ thet for valuaLle consideratione, the said Mortgagor does hereby grant, bargain~ sell, alien,
remise~ release, convey~ assign, a~d con6rm unto the said Mortgagee all that ceriain parcel of land of which the
said Mortgagor is now seized and posseased aud in actual poesession, situated in the county of St . Lucie ~d
State of Florida, described aa followa:
IAt 16, Block 40, RIVIIt PARK, LJNIT F'OUR, according to the plat (~U
thereof, cm ~ile as recorded in Plat Book 11, Page 9, of the Public
R~cords of St. Lucie Gotmty, FZorida,
Should the Veterans Ac~ni.nistration for a~y reasan fail or refuse to
issue the loan guaranty certificate in accordance with the pravisions
of the Service~s Readjustment Act of 19_44, as ~nded, aa~td the
Certificat~ of Caimiiment issued by the Veterans Ac~ninistration to
guarantee the loan secvred by this m~rtgage within 60 days of the
date her~f the m~rtgagee may at its option declare all suns secured
by this trortgage inrr~ediatel due and payable.
Zhe m~rtgagors cover~ants and agrees that so long as the trortgage and
note secured hereby are ~uaranteed under the Senricemans Readjustment
Act of 1944, as ~nended, he will not execute or file for record any
instrunalt which i~oses a restriction unon the ~ale or occupancy
of the m~rtgaged property on the basis oi race, color or creed. Upon
any violation of thiG undertaking the r.nrtgagee rn~y at its option
declare the tnpaid ~alance of this debt secured 'nereby imnediately due
~d payable . ~
~%C?C>
ti ~_~L~ in ~ayment Ot'~~i
. ~ :~~,,s.: •.C. int~n6~hle Person~t Prop+rty~
.,,:.~nt To Cnapiur 71, 134, Actt Ot 1571.
:;Ic~rk Circuk Court, St. tucie, Co., Ft~y../
~
Together with a.ll structures and improvements now and hereafter on said land, and the rents, issues, and profits
of t6e above described property (provided, however, that the l~iortgagor ahall be entitled to collect and retain
the said rents, issues, and proSts 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, 6xtures and a part of the realty, and are a portion of the security for the
indebtedness herein mentioned:
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TO HAVE AND TO HOLD t~10 SQII'1Q~ t.ogether :vith sll and singular the tenements, heceditamenLs und appur-
tennnces thereunto belonging or in anyw~se appartainiiig, and the reversion und reversions, r~meinder or re-
mainders, and also all the estate, right, tit(e. ~nterest, homestead, dower and right of dower, ~eparate estate,
possession, claim $nd demnnd whatsoe~•er, ss we1! in law as in equity, of ttie said ~lortga~or in and to the same,
and every part thereof, with the appurt~nanccs ot t6e said htort~agor iu and tu the same, Hnd e~~ery part and
parcel thereot unto the said :1lortgagee iTi fee simple.
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