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OI.R,
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15 PACE158
To HAVI': ,'NO TO HOLD tht. samt'l, ~th('lr with aU and sinjcular tht'l t~nt'lm('lntA, ht'lreditaml.'ntA and appur-
1I'lIallt't'8 tht'n'untn bt-Ionging or in anyWlHl aplK'rtaining, and thc' rovc'l'IIion ..ul n'\'('nUonll, I't'maintlt'r or re-
maindl'J'B, and alan all the NtaU-, right., t.iUt'l, IDlel'Mt., homNte"d, dowllr and ri2ht of dowl.'r, lk'parat.e l'8tatel
po88t'88ion, ..Iaim IoIld demand wbataoover, .. well in la. c.a in eq\lity, of the said Mortgagor in and to the same,
and l'V{'r\' part. thl'l'E'Of, with the appuru-nan('8 of \he said Mor\g&gOl'in AIld to the same, and "very part and
par<'l'l tllt'rrof \mto the said Mo~ in ftle eimplo.
'The Mortgagor hl'roby rovenanla with t.he Morlt{&gN>, that ht'l is indt'fusibly lIeiacd of said land in foo
simple or such othl'r estal<<', if anyi.. is "tatOO heroin; t.hat. he ha.~ full power antllhwlul right. to ronve,)" t.he same
as afomWd; that the land is fnoe rom all eonl.'umh!'ant't'8 ex~pt .. hl'rein otherwise recit~; that said Mortgagor
,,'ill make sUt'h further ..urances to prove the .foreeaid titJe to said land in saitl Morlgagt'C .. may be re880n-
ably I'ft()ui..oo, and that. said Mot'lgagor dOO8 hereby fully warrant t.he title to saitllancl, ..ncll.'nry part tht'r(\Of,
and will dl'fl'nd t.he same apinat. the lawful t'laima of all pcntOnB wholllAOOvl'r.
PROVIDED ALWAY8 that. if thtl Mortgagor shall pay unto theo Mort.gagN' that oort.ain pn)miB80ry nott', of
which the following is a substantial ropy, to wit.:
. 9,750.00. Fcrt Ilerce , Florida.
July 28 ,1961 .
FOR VALUE RECEIVBD, the undl'J'Bilt"ed promisees) to pay to the order of J. 3.
''1 L 'SASO"J, .lR. , .. Administrator of Vt't~rans' Affairs, an OffiC'er of thl'
Uni\~ Statea.of America, and l.Ua 8q~~ 8'W~ffi~, as surh, ancl hi8 or their usiKDS, the principal sum of
L'TE T!iOUSAi\iJ SEVE~ HU~):i&) l'IFTY - - - - - - - -Dolllll"8(SQ,750.00 ),
with interl'8t. from date at the rate of f1 ve &: O~~ - four th pt"r ("('!ntum ( 5\ %) pt'r annum on tht'
unpaid balance until paid. The said principal and int('l't'St "hall be payable at the offi("(' of t.he Loan Guaranty
Offict'rl Veterana Administrat.ion Regional Office, in St. pet.ebura, P1or141& , or at surl1
othl'r plliCe .. the holder may d~ate in writing delivl'red or mailt'ld to the dl'btor!fin monthly installmt'nts of
Fifty-Eight and h 1/100' s - - - - - - - - .- - - - - lIal"8 (I 58143 ),
commt'nt'mg on t.he 28tft day of AUf'"us t , 19 6 ,and continuing on the
28th da.y of each month thl'reafter until t.hia note is fully paid, ex("-ept. that, if not sooner
paid, the final payment. of principal and intereet shall be due and payable on t~le 28 th day of
July 11986 . '
Privilege is reserved to prepay at any t.ime, without premium or fee, the entire indebtednt'Sll or any part
thl'reof not. I... than the amount. of on(' installment, or one hundred doUal"8 ($100.00), whi("hl'vl.'r is I.... Any
prepayment made on 'It.her t.han an installml'nt. due date will not be crroitro until thl' nt'xt following installment
due dat('l.
If any deficiency in t.he payml'nt of any installment und('r this nou- is not made good prior to t.he due date
of the nl'xt such installment, the entire principal sum and aCt~rued intt'l't'8t. shall at once become due and pay-
able without notic.e at. the option of the holder of this nole. Failure to exercise this option shall not constitute
a waiver of the right. to eXf':"{'ise .he lWlle in the event. of any subsequent. default.. In t.he event. of default in the
payml'nt of this nOle, and if the lWlle is collected by an at.toml'Y at law, the undel"8igned her('lby agroo(s) to
pay all costa of collection, including a re880nable at.tomey's fee.
This note is given for purchue money of real estate and is secured by mortgage to &'Cure debt. of eoven
date herewith, given and delivered by the undel"8igned to payee on certain real property described therein.
Presl'ntment., prot"t, and noti("('l are hereby waived.
l~j. .~~9.u~~~,;~J:i_ _.._ _, u ,_u,_ u_ _ __ _ u",.. (sta L]
Ed10 Graham
If}lu'!.IJJQ.P'U~.. GRAHA;1 .".. u u,.. _ (8t:AL]
Virginia Graham
.._n___u, , (SK'L]
__u_uu,h_nnnnuUU'U_n..." n _ n._. no Unn uu _ (SEAL]
And shall duly, promptly, and fully pt'rfonn, discharge, execute, effect, complt'te, and comply with and
_abidl' by each and evl'ry the stipulationB, agreements, conditiona, and covenants of said promissory nole and
of this mortgage, then this mortgage and t.he l'Btate hereby created shall ceue and be null and void.
The Mortgagor further roven.mta .. follows: .
1. That he will pay the indebt.edn..., &8 hereinbefore provided. Privilege is reserved to propay at. any time,
without. premium or fee, t.he ent.ire indebt.ednees or any part thereof not lees than the amount of one installment,
or one hUDdred dollan ('100,00), whichever is 1... Any JJ::rayment made on other tJum an installment.
due date will not be credited UDtil \he next following ins ent due date.
2. In order more fully to protect the security of t.hi& mortgage the Mo~agor, together with, and in addi-
tion to, ~he monthly ~aymenta ,mder the t.enna of the note sec~ hereby, on the installment due date day of
each month until the said note is fully paid, will pay to the MortgagH the following 8U1D8:
(a) A sum equal to the ground renta, if any, 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
ana ueeNTllentA next due on the mortgaged property (all &8 estimated DY the Mor~agee and of
which the Mortgagor is notified) Ie. all8UD18 already paid t.Juorefor divided by the number of mont.hs
to elapee befoN one mon\h prior to the dale when 8uch groUDd rente, preuuwns, taxes, and UBe8I-
menla will become delinquen\, 8uch awns to be held by Mortgagee in tnutt to pay 8aid ground renta,
premiuma, tax., and apecial .. e "'"'en".
(b) The aareP~ of the amoun" payable puraUUlt to 8ubparaaraph (a) and tboee payable 011 the note
. leCuied hereby, ahaIl be paid in a Bingle payment each month, to he applied to t.ht, following itema
in the order atated:
(I) pound renta, Luea, ...Manen.., fire, and oth.r liuud inaurance premiWD8;
(II) intene~ on the note leCured hereby; and
au) amor1iaaLioll of the princip.l oi Mid DOt.&,
Any de6cieocy in U1e amount. of 8uch agrepte monUli, payment.1Ihall unle. made good by the Mortgagor
pljor to the due Clat.lll of the next. auoh pa~eIltl ~~tute an event ~ default. under this mo;-tpge. At
Mort.ppe'a o~ ),fort,pgor win pay A 'late coup" not. exceediDl four per oent.um (4%) of any inat.all-
1DeIlt.-wlleD paid more ~ Bfteen (15) days after the due da~ thereof to co..... the extra expenae involved
in }landli. delincauent. ~ymen.., but. BUell ")ate charp" ebaIl ~yable out of the prooeeda of any..le
made &0 --, the iDdebteclneee IeCUI'ecl Denby, u.ue.. auch are auf6cieD~ to di8charge the ent.ire
iadebted.- Uad all proper oo.t. aDd e~ .I.ecured hel"eb1.