HomeMy WebLinkAbout2336.. ---t _..- - -.R:..~.y- ~-. ~._.~t... _
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To Sava AlfO ro IIOLD the salsa„ to4ethar with alt and inNlar the t~enaiate>sS,tlr~etr~a~~d appue~
tenances therounto belonpang or in ~t•idnS, sail the reveraioa sail rsveewior~s, rsmaiadee os re-
anaindee., and e1.o aH the est+1N, ct~- ~-t ~ aoM+~r .ed '~+-t of 34w1e, ~spa~~Re e.tais.
P~°n, slam and damned wLataosvie, as writ ii lair M i~- agaity, at ths.at~idn~atpi'M ie aid ta~tba.w~a
a1-d every paK tLereot, wtth the M Mid it Wd M t~ ads, sml r~ pu't v~
psreel d~ereot ue-to the aid ldortga~es is fee aita`pts; '-
The Mar~agor hereby ooveoants. with the M ,that be is iodefeaaibi~r -seised of aid land in fee
simple or such o_tTer estate if any as it stated heeein; that 6s bas fidi paw'ae and liwiul~t N eoa~e t4s aa,s
as aforesaid; that the land ~s tees. all as herein otherwise refits-d; t>ta.R said~oe~aSoe
will make such tarfbee adn~rmew to pi+aYa fhb aforesaid tidy b Mid lard id aid lwtorldages as a~ be twsos-
abty required, and that said 1N does haseb= warrant ihs title to Mitt lead, and evey- part thseeot,
sail rill dJeod the ame aSaiirt Ibs Lwtul claims of aU psrsooa wf~oanoever.
Pnoviasn Azwan that K the Mort4ago~r shall ps,1 nab the Mortgagee thai eeetaiia Mr-caissory sots, d
which the lolbwing is • substantial Dopy, to writ: ~ Fort Pierce ~ g>,wida.
= 13,500.00• FebruarF 21.1561.
Fqa VALU= ItsCS~sn, the usdefs3gtfed pr»rnlee(a) t0 L~O the Order Of J~ ~ •
~}~~,,gg~~gg0 ~ ~ , M Administrator of Veterans' Attain, as OlSoer of the
United Stated o~ and his su o as his or their assigns, the sum of
Thirteedn~ourand vs ~iudred e: n~ - - - Doria~+ i 1,500.00 ),
with interest (roan date at the rats of five ~~ ~tee~est shallhbe Kahle t~ ~ S~ o~)(,be~Lnan Gluoaraut
un~~ud balance until paid. The sad peisdp~l psi the y
Oflioer, Veterans Administration Regiond OMoe, in St. Pstarabu-rg ~aaci ~ , or at such
other w fhb holder iesigaate in writing deSvered oc mailed to t~e debtor i,n monthly installments of
tP end 90~~0' e - - - - - - - - - - - i - - - ~o~es~
oommencmg oa the 2 at day of Marati 15..o~, aad~oon~tm•9umS oa t~
21st day of each month theredter until this note i. fu11y pod, e: w that, if not ~ ei
paid, the final p~yment of irigcipal and interest shall be due and payable on the 21st y
Februa y lii6b
priv~lege~is reserved to prepay at any time, without premium or fee, the entire indebtedness or any part
thereof not lees than the amount of one installment or one hundred dollars (1100.00), whichever is lees. Any
Prepayment made on otter thaw an installment d~ ate will not be Qedited unW the next followtng uutallment
due date.
If any deficiency in the pa ant of any installment under this note is not made good prior to the due date
of the Hari such installment, the entire principal sum and aaxued interest shall at once become due and ~ay-
able without notice at the option of the holder of this note. Failure to exercise this option shall not oonstttute
a waiver of the right to ezercise the same in the event of any subsequent default. In the avast of default in the
payment of this note, sad if the same is oollected.by an attorney at•law, the unde~-ed hereby agree(s) to
pay all costa of collection, including a reasonable attorney's fee.
This note is gives for purchase money of real estate sad is sew~red by mortgage to secure debt of even
date herewith, given sad delivered by the utdenigned to payee on certain real Property described therein.
presentment, pmtest, sad notice are hereby waived.
,.
/a/ S~IILLIAir1 A. TURN$R, ~.-----•---- IeEAL~
/s/ JODITH ANN 1-v~s~!!~.-- ----------------- [sEALJ
J'UOITH-Alin-3'l7R1i8R
---------------- ~eEAL~
----------------------------------------------------------- [aSAL~
And shall duly, promptly, sad fully perform, discharge, execute, effect, complete,, and comply with and
abide by each and every the stipulations, agreementw, conditions, sad covenants of sud romiseory note and
of this mortgage, then flue mortgage end the estate hereby created shall cease sad be nuu and void.
The Mortgagor further covenants as follows:
1. That he will pay the indebtednew, as hereinbefore provided. Privilege is reserved to prepay at an time,
without premium or fee, the entire indebtedness or say part thereotLot law than the amount of one installment,
or one hundred dollars (1100.00), whichever is lees. Any prepayment made on other than as installment
due date will not be credited until the next following installment ~ Mo r that with, and in addi-
2. In order more fully to protect the secuity of this mortgago > , ~
lion to, the monthly payments under the terms of the note secuse~ hereby, on a installment due date day of
each month until the said note is fully pasd, will pay to the Mortgagee the following sums:
(a) A sum equal to the ground rents, if any, next due, plus the premiums that will next become due and
payable on policies of fire and other hazard insurance covering the mo~t~gaged p!b rty, Plus taxes
and assessments next due on the mortgaged property (all as estimated b the 1"asrtgag'ee and of
which the Mortgagor is notified) lees all sumo already paid therefor divided ~7 the number of months
to elapse before one month prior to the date when such ground rents, Premiums, taxes, and aesew-
menta will become delinquent, such sums to beheld by Mortgagee in trust to pay said ground rents,
premiums, texas, and special assessments.
a~r~ate of the amounts payable pursuant to subparagraph (a) and those payable on the note
(b)secured hereby, shall be paid in a single payment each month, to bbee applied to the following items
in the order stated: .
(I) ground rents, fazes, assessments, Ste, and other hasard insurance premiums;
(II) interest on the note secured hereby; and
(~) amoryaation of thq princpal of said note.
Any deficiency in the amount of such aggregate monthly payment shall Hale"" made g°°d by the Mortgagor
r~or to the due data of the Heil such pa~~ t~~ titute an event f ~ detaul~u ~er(4~ fortgage.
pp ~ ~~ not exceeding our per y
Mortgagee a option, Mortgagor will pa
meat when paid more than fifteen (lb~daya after the due date thereof to Dover the eztn expense involved
in handling deLnquent pp~~--yments, but such 4te charge' shall not be pa~ le °~ut. o~i` hA ~ ~ t~ entire
made to satisfy the indebtednew secured hereby, ew such p
indebtedness and all proper cosh and ezpenses secured hereby.
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