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HomeMy WebLinkAbout0725ST. ! l1CIE COUNTY. FLA. To HAVF:.~ND Tt~ IioLD tho same, togt•thcr ~t•ith all and singular the tenements, horetlit.amenta and appur- tonant•c•a thereunto bolonkinK or in anywise a4tportaining, and the m~•crsian and rovcrsions, romaintler or re- mainders, and also all tho estate, right, Iitlc, tnten~t, homestead, dower and ri ~ht o[ dower, st•1~aratt• testate, posscs.Rion, claim and demand .vhatsoevcr, as well in law as in equity, of the said ~iortgngor in anti to the same, and ever~• part theroot, with the appurtenances of the said 4ortgagor in and to the same, and very part and parcel thereof unto the said ;liortgagoe in tee simple. The ;~lortgagur 1-.•rt~by covenants with the Mortgagoe, that he is indofeagibl~• seixc;l ::f safe! land in fee simple or such other estats, d any, as is stated herein; that he has toll pt-wer and lawi`ul right to convc~• tho same as aforesaid; that the land is free from all encumbrances except as herein otherwise recited; that said ,Mortgagor will make such further Bsauranccs to prove the aforesaid title to said land in said Mortt;agcc as may be rrason- ably mgqaired, and that said Iliortgagor dots hereby fully warrant the title to said land, and every part thort•of, and will tlofencl the same against tho lawful claims of all pet•sons whomsoovor. Peov~D>:D ALwAYB that it the'.1lortgagor shall pay unto the Mortgal*ot• that certain pmmicacc-ry note, of which the following is a substantial copy, to wit: z c ~ni• cit: _ 1"ns t Pi62':,C . Fl~:::l~. January 17 FuH ~ALIil: I{k:t;f:ItiF:U, ltie UlittNR+-Ktu'tt l)tt-iiiit+t;la/ .,7 ~o-' au. vaa.a.: QSt .. x 7 'AHITTIER , as Administrator of Veterans' AtTairs, an Otficer of the UII11lYl otnit7- Ul taUtt•i'it'd f-itu 1,:H Siii~-t-t-ben-ia iii aii(+11 (lt~ii'.F-, xis isitC..i, and 11:5 i)r tlielr aS3i~i13, tll pr ilelpA Sum Of Six Thousand Five Hundred and no1100~ s - - rcentum (DolS~ %)~r~00num n the with interest from date at the rate of r~ ~~ ~ q}~e four~l~ Pt' unppaid balanco until paid. The said principal and mterc•st s to 1 payable at the office of the Loan Guaranty (?fficer, Veterans Administration Regional Office, in St. Petersburg, Florida , or at stic•j- other place as the holder may delig~ate in writing delivered or mailed to the debtor, in monthly instxllmonts of 1~ortJ-Three and t30/100 ~ s - - - - - - - - - - - - -Dollars (3 43.80 ), commencing on the 17th _ day of February 19 61 , and continuing on the 17th dsy of each month thereafter until this note is fully paid, except that, if not sooner paid, the final payment of principal and interest shall be due and payable on the 17th day of January , 1981 Privilege is reserved to prepay at any time, without premium or tee, the entire indcbtc+dnos4 or any part thereof not less than the amount of one installment, or one hundred dollars (3100.00), whichovor is loss. Any prepayment. made on ot.hcr than an installment due date will not. l-e+ creditod until the noxt followin;• installment dac. sac. If an3• deli: irar~ in the payment of any installment tinder this note is not made Ko«I prior to thc• duo date +-f th^ nna c--t•h inafallnlt•nt tl'1n rnNrn rinr-ppl a--m anti gt+rrt-rd intt•rext Rhxll wt. onrr lx•come tluc and nav- :<l,lt~ wiilultt n:,tiaa. sL the otliion tJf the ~oldt•r of this note. Failure to exercise this option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default. In the event of default in the payment of this note, and if the same is collected by an attorney at law, the underaiRnc+d hereby agree(s) to pay all costs of collection, including a reasonable attorney's fee. This note is given for purchase money of real estate and is secured by mortgage to secure deht. c-f oven date herewith, given and delivered by the undersigned to payee on certain real property described therein. Presentment, protest, and notice are hereby waived. ,!~/ AIITIS R. BARKER - [st:.aLj 1u~ie--~-~--marker-------------------------- /s, ANITA KATHLEEN BARREIt _ [sF:ALI 1lnit4 -Ka~h~.een Barker --------------------------------- -- - lsr:.lLj ------------------------------------ -- -- - -- [aF:ALj And shall duly, promptly, anti fully perform, discharge, execute, effect, complete, and comply ~~•ith and abitle by each and evory the stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate hereby created shall cease and be null and void. The Mortgagor further wvenants as follows: 1. That he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to prepay at any time, without premium or fee, the entire indebtedn~.~ta or any part thereof not less than the amount of one instalment, or one hundred dollars (3100.170), whichever is leas. Any prepayment made on other than sn installment due date will not be credited until the neat following installment due date. 2. In order more fully to protect the security of this mortgage, the Mortgagor, together with, and in addi- tion to, the monthly payments under the te!zns of the note secured hereby, on the installment due date day of each month until the said note is fully paid, will pay to the Mortgagee the following sums: (a) A sum equal to the ground rer•.ts, i! any, next due, plus the premiums that will next become due and payable on policies of fire rmj other hazard insurance covering the mortgaged property, plag taxes 6,^,a ...~,;;~~~*~ nn~f d-~P n~ •~in mprtpagai mm~t!rt.y (all nx wsttimatori hat t}.g _ _nrfn..nnn odd pf wttleh tree I~'IOCGj„'at~U~ is tlviiiC- j lraD au aililin iiiirady palu i,ilect;itft tliviuetl i,~y Llte ilutlllKr U{ inollttts to elapse before one month prior to the date when such ground rents, pre[ruuma, taxes, and assess- ments will become delinquent, such soma to be held by Mortgagee in trust to pay said ground rents, premiums, taxes, and special assessments. (h) The aggregate of the amounts payable pursuant to subparagraph (a) and those payable on the note secured hereby, shall be paid in a single payment each month, to bye applied to the following items in the order stated: (I) ground rents, taxes, assessments, fire, and other hazard insurance premiums; (II) interest on the tote secured hereby; and (III) amortization of the principal o~ said note. , Any deficiency in the amount of such aggregate monthly payment shall, unless made good by the Mortgagor prior to the due date of the next such payment, constitute an event of default under this mortgage. At Mort~s~ee's option, Mortgagor will pay a "late charge" not exceeding four per centum (4~Jo) of any install- ment when patd more than fifteen (15) days after the due date thereof to cover the extra expense involved in handling deltnquent payments, but such "late charge" shall not be pp gable out of the proceeds of any sale made to satisfy the indebtedness secured hereby, unless such proceedasare sufficient to discharge the entire indebtedness and all proper costa and expenses secured hereby. r, ~. ;: