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HomeMy WebLinkAbout2456- - _ ._.` ~~~ 4 48~ ~ -_ ..., . To Hsva Axn ~ro 8oln the acme, together with aD and singular the tenements, heredigmenta and appur- tenances thereunto belonging or in an apportaining, and the reversion and roveeaiona, remainder or re- mainders, end. slew all the state, right. tiit0. interest, homestead, dower and right of donee, se to estate, poeseesran, claim and demand whetsos~~ D~ ~ the said M Wortgsyg'or ~and~toMthe same, and every part~an~ and every part thereof, with the app parcel thereof unto the said Mortgagee in fee simple. The Mortgagor hereby ooveaanta with the Mortgaged, that he m indetoaBibly seised of said lmd in fee simple or such other estates d any as is stated herein: that he has full power and lawful right to oonvep the same as aforesaid; that the land m free ~rom all eacumbranees except as herein otharwise recited; that said Mortgagor will make such further assurances to prove the doresaid title to said land in said Mortgagee as may be reason- ably required, and that said Mortgagor does hereby fully wamnt the title to said land, and every part theteot, and will defend the same against the lawful daims of all persons whomsoever. note, of PROVIDED ALweys that if the Mortgagor shall pay unto the Mortgagee that certain promisso?cy which the following is a aubtantial copy, to wrt: Florida . 110,100.00. Fort Pierce - February 2!~ • 19 61• FOR VALUE RECEIVED, the undensigrred Promise(s) to pa to the order of J. S T o ~ a ~R r ~ ~ , as Adaniniatrator of Veterans' Af~sils, an Officer of the United fates ofA~ erica d~ ~h,~t~ rs such rs such_and his or their assigns, the rig~~al~gm of - TII~i THOIISAi~D O1~R011Dxan~ no a - - - - Dollars%°(i 18, l1 • U ), with interest from date at the me of t'iYe do d inn~c~~ ~~ ~ seable a the off5-o~e of~theeLean Clusrantbey un_ppaid balance unti paid. The said prmcappal an P y , or at such Officer, Veterans Administration Regional Qflioe, in St. Petersburg, Florida other place sa the holder may deaigrrste in writing delivered or mailed to the debtor in monthly insts-llmenta of "}s _ - ,- - - .. are (i ), gixt~gtand ~~jlOq; - - - - - - - ~ x•51 cowmen on Lh day of MaPCIl 19 61 y and oontlnumg on the ~th day of each month thereafter untR this note is fully paid, exce t that, if not sooneot paid a final payment of principal and interest shall be due and pi-yable on the 2~}th - y February , 19 privilege is reserved to prepay at any time, without premium or fee, the entire indebtedness or any part thereof not less than the amount of one installment or one hundred dollars (1100.00), whichever is less. Any prepayment made on other than sn installment due ate will not be credited until the next following installment due date. It any deficiency in the pa ant of any installment under this note is not made good prior to the due date of the next such installment, the entire princlp~ sum and accrued interest shell at once become due end psy- sble without notice at the option of the holder 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, end if the same is collected by an attorney at law, the undersigned 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 dt ~u~de~eofn even date herewith, given and delivered by the undersigned to payee on certain real property . Presentment, protest, and notice are hemby waived. ja j aEOR__aE P. PASCxAL__________________ (9}:.+L] a~~$ ~'; -- ------ ~ASC~AL -- j~l _MARY_-L~,---P~3CA~lL -------------- fsf:AL) MARY $. PASCHAL ------------- (BERG] ____ (BEAL] -------------------------------------------------------- And shall dul , prompptly, and fully perform, discharge, execute, effect, complete, and comply with and abide by each and every the~stipulstions, agreements, condntions, end covenants of and romiseory note and of this mortgage, then this mortgage end the estate hereby crested shall cease and be null and void. The Mortgagor further covenants as follows: et sn time, 1. That he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to Prepay . without premium or fee, the entire indebtedness or any part thereof not leas than the amount of one installment, or one hundred dollars•(i100.00), whichever is less. Any prepayinEnt made on other thin an installment due date will not be credited until the next following ins ant due date. der ~~ and ~ ~~- 2. In order more fully to protect the security of this mortgage the Mortgagor,.tAge , lion to, the monthly payments under the terms of the note secure hereby, on tthhe nnstallment due date day of each month until the sand note is fully paid, will pay to the Mortgagee the following soma: (a) A sum equal to the ground rents, if an ,next due, plus the premiums that will next become due and payable on policies of fire and other hazard insurance covering the mortgaged property, plus taxes and assessments next due on the mortgaged property (all as estimated by the Mortgagee and of which the Mortgagor is notified) less all sums already paid therefor divided b7 the number of months to elapse before one month prior to the date when such ggrroound ren~ ~r ~ p°°y, ~a ~und , manta will become delinquent, such sums to be held by Mortgagee premiums, taxes, and special assessments. P a8T P able on the note (b) The aggregate of the amounts payable pursuant to sub ar a h (s) sn ~~ ~ he following items secured hereby, shall be paid in a single payment each month, to bbee app in the order stated: (I) ground rents, taxes, aseessrnents, fire, and other hazard insurance premiums; - (II) interest on the note secured hereby; and (III) amortization of the principal of said note. a ant shall, unless made g~ by the Mortgagor Any deficiency in the amount of ouch `aggregate monthly p ym of an , install- Pr~ior to the due date of the nest such payment constitute an event of defiul~n ,rimer( 1~) mortggage. At Mortgagee's option, Mort~gn~or Trill pay a late c~iarge not exceeding fOm' ~ went when paid more than Sfteen (15) days after the due date th~of able out obef the pro seeds of lanylsva~ in handling delistghwent yments, but such "Lte charge" shall not be pa~ au~~t ~ d~~ge the entire indebtedness a nd all p~per coats end expenses eyec nuredl hetebyProceeda ~, :=: ~, X ~:n