HomeMy WebLinkAbout0492~bo~ - 1 564
To HAVS AxD pro HOLD the. same, together with all and singular the tenements, hereditamenta and appur-
tenances thereunto belongi'1B or in sn~-w»e appertamu-g, and ttK' rovoreion and roveraiona, remainder or re-
mainders, and also all the estate, right, title, mterest, homestead, dower and right of dower, separate estate,
possession, claim and de~nsand whatsoever, as well in law ss is equity, of the said ,Mortgagor in and to the acme
and every part thereof, with the appurtenances of the said Mortgagor in and to the same, and every part and
parcel thereof unto the said Mortgagee in fee simple.
The Mortgagor hereby ooveaants with the Mortgagee, that he is indefeasibly seised of said land in fee
simple or such.other estate, it any as is stated herein; that ho has full power and lawful right to convoy ~the~ e
as aforesaid; that the land is free ~rom a1} encumbrances except as herein otherwise recited; that er:d Mor r
will make such further assurances to prove the aforesaid title to said land in said Mortgagee as may be reason-
ably required, and flat said Mortgagor does hereby tuAy warrant the title ~to aaici land, and Query put thereof,
sad will defend the same against the lawful chuima of all persons whomsoever.
PRO~IIDED ALwATa that if the Mortgagor shall pay unto the Mortgagee that certain promissory note, of
which the following is a substantial Dopy, to wit: *~.t p ie ree ,Florida . .
s 1Z=044.1/4. _ =:::~~ ~3 :1961 .
FOR VALUE RsCE1vsD, the undersigned promise(s) t0 W to the order of S~ a•
~g~~~ , is iuiliri~::a~u: fft ~z~"H~' °' AReira~ wpn (1fFrrr of f-hA
United8t~at,ea of American and his succ~e~rs ~n such once, as such, and hie or theirTSa~gns,ss 1 ? Oc~O QO )i
~elre TtiOttlat~ ttiati iav vv • ~ - - - - - -
with interest from date at the rate of ~~70 _ OIIO-rOIII'tll -per centum (~j %) per annum on the
unpaid balance until paid. The said.princippal and interest shall be payable at die o~ a of the Loan (l satrsncy
Officer, Veterans Administration Regional Ol$oe, in St. Pt terib~nrs s ~lOri • h
other place as the holder ma e~a to in writing delivered or mailed to the debtor in monthly instal menta of
lferen~-Otg an q ~100's - - - - - - - - - - - - - ~ollars (i ~1.9~ ),
commencwg on the ~L~ _ day of ~itiZ'lltry 19 ,and continuing on the
1 th day of each month thereafter until this note is fully paid, exceppt that, if not sooner
paid, the final payment of pru~~al and interest shall be due and payable on the 12t1i day of
d pnege is reserved to prepay at any time, without premium or fee, the entire mdebtednesd or any part
thereof not lees than the smouat of one installment or one hundred dollars (1100.00), whichever is less. Any
prepayment made on other thsa an installment due c~ste will not be credited until the next following installment
due date. .
s_^-__-_- ' .i --.-r- -~ - -- -!-~1--•.~.t ~,,.~p. ft};a n~fn ~w nI-t. i1'llulw P(NNl Drier to the due date
rr --.-. - -_ ;-~... _.
a• uaj fiiiiii::ti:ii.j iu ..:. j:c~iza~_:t 'va ~--.+ --- : ~ , :__-~• -!. _!! ! a ~nrn : P anr~ nAV-
of the next such installment, we entue prmcipu sum auu a~;iueuu°a,o.w~ s.,-.. ov oD~ £ d1.:
able without notice at the option of the holder of this note. Failure to exerlxse this option sh~sll not constitute
a waiver of the right to exercise ttw sirs ;II tha srcut of rte; su'nxq~!eRt dw;suit. iu ,,.~e asst of default in
payment of this note, and it the same is collected by as attorney at law, the undersigned hereby agree(s) to
pay all costs of collection, including a reasonable attorney's tee.
This note is given !or urcha~s money of real estate and is secured by mortgage to secure debt of even
date herewith, fives sad de~ivpred by the undersigned to payee on certain real property described therein.
Presentment, protest; and aoti~oe wre hereby waived.
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------------------------------------------ -------°------- IBEAL~
----------------------•^------°--------------------------- IBEAL~
And shall duly, Promptly, and fully perform, discharge, execute, effect, complete, and comply with and
abide by each and every the stapulstions, agreements, oonditaons, and oovensnta of sad promimory note and
of this mortgage, then this mortgage and the estate hereby seated shall cease and be null and void.
The Mortgagor further covenants w follows:
1. That he will pay the indebteednee,, as hereinbefore provided. Privilege is reserved to prepay at any time,
without premium or pe, the entire indebtedness or say part thereof not leas thsa the amount of one matallment,
or one hundred dollars '(1100.00); whichever is lead. Any psymer}t' mi-de on other -than an installment
due date will not be.credited untII=the aea~folbwiag' kt due date: - -
2. In order more fully to protest the seeurit7 of this mortgage the Mor, toghther wrath, and in addi-
tion to, the monthl payms4b u t~-e terms of tlls ante aeouns~ hereby+ °n '~R°.instvl°°'e~t due date day of
each month until t~ said note ~s fully paid, will pay to the Mortgagee tt-e following sums:
(s) A sum equal to the ground rents, if an , next due, plus the premiums that will nest become due and
pa able on policies of fire and other hazard inwrance covering the mo pro rty, plus .taxes
sad assessments nest clue on the mortgaged ~roperty (all as estimated ~y the !Mortgagee and of
~ i _ -' _ - _ •:ai-.i\ i..~.. -ii .».•.... - .iw ~..e.~ •~.wsr.E ~ ~i~•..-~wa a !~s nnmMr ~~ m~n1~•
weuca ins MVrag~a-a a avo..aou/ ac.e .., ~...... ~u ww.~ j.r.....-a ~v. .. j '
,.
to 81apx before one mono prior to ~ Disc w'neu s-ucn~ g~ou~n~ r`esnie, p~reuuuri,a, i~siaoe, a~iu eascm-
meabwill become delinquent, weh soma to beheld by Mortgagee in trust to pay said ground rents,
premiums, rues, and special aasesemenb.
(b) The agg. to of the amounts payable pursuant to subparagraph (a) and those payable on the note
secured hereby, shall be paid is a single payneent each month, to be applied to the following items
in the order stated: .
m ground rents, tares, asieesuaeuta, fire, nd~ other h.:.rd insurance premiums;
(II) interest oa the note sec~u+ed hereby; and
. (III) amor4sawon of a~ Principal ~ said pots.: ~ ... - s
Any deficiency in the amount of ate monthly payment~t~ unless made good by tba Mortgagor
prior to the due data of tl-e'nsst ~rment, constitute an eieht'df'default under this mortgage. At
. ; 1M 's option, M will pay a late charge„ sot eaooeeding four per ceatum (4%) of say install-
:. ~! mento when patd sass than S '!ten (1 b) the ~ c~-~s t~of to oo~'er the eztra ezpenss involved
is handling de '`ngsent psJmsnts, brat as sh~lll hai'bs payable out of the proceeds of say sale
e to aatist the indkbtednew aeoured hetrob , snap prooaedr at'e w~oient to discharge the entire
indebtedness ayad all proper oasts sad ezpeases l+ee+aby.