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~i;jK 1~ PAGfSDT
~ T. lllCIE COUNTY. HA.
To nul': AND TO HOLD lhf. ......" ~lhflo with aU and sin<<ular the tMemel\ta. hereditalMllta and appur-
UollafKN thereunto bcolongilll or in an)'WlMl appertaining, and th. ""vetBion and revl'niona, h'maindf.r or re-
maindf'n, and al80 aU the eetau., riPl. Litle. lftteftlM, homt"a~ad, dower and riidlt of dowt"r, ...p....te Nt.ate
poMtWion. l'laim and demand whateoe'..,.. well in law a. in equity, of the said ~Iortcagor in and to the aame.
and ('\'t'f\' part tb('roof, with the .ppur~n~ of &.be aid Mortpgor in and to the same, and nery part and
pan-e1 tlif'h"Of unto the said Mor~ in fee ~mp&e.
Tbe Mortpgor bt'rt"by COVenanla with lhfl Morljt~t'f>, that he is indt"ft"uihly lIei&ed of aaid land in fee
simple orauch oth~r estate, if auy,.. is atated hl'rein; that hl' hu full po~r and lawful right to convcythtl same
u aforeeaid; that the land ia free rom aU enrumbran('.N ex....pt .. hflrein otherwis-.. recited; that aid Mor~r
.'ill make aUl'h furthl'r ..uranc,.. to ProVl\ the .foresaid title to aid land in I'aid Mort~ .. Olav be reuon-
ably ~uired, and that &aid Morlfralor dON h~rt"hy fullv warrant the title to Mid lllnd, anll t'Vt'rv part tht'rrof,
and will dt"fl'M t.he same against thfllawful daima of all penona whol118OOvt'r. .
PROVIDED ALWAYS t.hat if the Mortjt&gOr .hall pay un") tht" Mort~ that rertain p.'llIni!l8()f\' nott', of
whil'h the following is a aubatantial copy. w wit: .
. 8,000.00. ' Fort Pierce ,Florida.
AUEust 7 ,19 61,
FOR V AL".: R.:C~:IVKD, tht' undt'I"RiJtlled promille(a) to pay to tht'l onlt'r of J. S. G LEAS~'~T,
JR. , &8 Administ.rator of Vf'tt'rana' Affairs, an Offil't'r of t.he
lTnitt'd.Statt'8 of Amt'ril'a, anll his slit't'8Atlrs in I'ul'h offil'f", as such, .nel hiI' or tht'ir aMi~s, the principal sum of
EICHiT T:-!OUSA'ID and no laO's - - - ~ - - - - - - - i)oll.rs(S ~,OOO.OO ),
with intt'rt'8t from date- at the rate of f1 ve & one-fourth pt'r N'ntum ( 5\ %) per annum on tht'
unpaid halance until paid. The said prindpal and intt'rt'8tl'h,,1l \)fI payable at the offil't' Ilf thl' Loan Guarantv
Offil~t'r, Vet('rans Administration Rt'gtonal Offirt', in St. Pet..bUrS1 Florida , or at SUl'"
Ilthl'r plAl'e as the hohlt'r may c)f'8ignat(' in writinK dttlivert'ld or "lailNI to t.he df'htor J.... in monthlv inlllallmt'nts of
Forty-Seven anc' 9li/l00's - - - - -- - - -_ - - - _ .1Jollars(SIt1.94 ),
{'ommcn,'in~ on the 7t"Pl day of _ 3eptemoer . 19 61, and continuing on the
7 t:1 dllY tlf l'&ch month tl1l'n..ftt'r until this notl' is full~' paid, eXI't'p.t that, if not soont'r
paid, the hnal payml'nt of prinl'ipal and inWrt'Rt shall be dut" and payablt'l on tIlt' 7 t h dllY of
AULU.::t ,1986 ,
Privilege is rt'St'rved to prepay at any time, without pn-mium or f('(\; tht' E'ntire indebtednl'88 or any part
t!wreof not 1ell8 than thl' amlluntnf ont' instsUml'nt, or onf' hun,lrt'rl dollars ($100,00), whil'llt'wr isll'SS. Any
pn'paJnll'nt lIuule on otllt'r thsn an instaUml'nt duf' dllte will not Ill' ('fl'tlih.d until tht' nl'xt fClllClwill~ instKlIment
tlut' dstt'.
If an,. cl"fil'i('lwy in tbt' ps)-mt'nt of I\ny ill8taUnwnt untlt'r thiR nolt. i!l not matle gt)()(l prior to tht' tlut' claw
of tht' nt'xt Sllt'h installnwnt, tilt' t'ntire prineipal sum Rnd 8I'c'rut'd intt'rest, "hsllat Ilnt~t' become clue ancl P8\'-
sblt' without notil'e at thc' option of till' hohlt'r of this note. }o'llilurf' to t'xc.rcist' this option shaU not constitu"te
a wah.l'r of the riKht to t'xt'rc'iKt' tht" same in tilt' t'Vf'nt of any sul>8t'flUl.nt dl'fault. In tIlt' eVt'nt of default in tht'
pannl'nt of this nolt., and if thl' aame is 1'0UN'te-d by an attomt'Y at law, tht' undersi~oo llt'fI'hy .,.,-I'('(S) to
pr.y aU I'osts Ilf c'oUt'I,tion, inl'lUllinK a rt"asonahll' atlomt'Y's f('t'_
This note is Kinn for purchase mont'y of rt'al t'Rtatl' and is !\('(~url'tl hy mortgage to lK't~ure elt'bt of t'\.en
date hen-with, giVf':l ancl dt'livt'rt'd by tht' uncll'rsi~l'cI to P8JI't' on t~t'rtain rt'al property clescribed thE'rt"in.
PretWntml'nt, protc'!o\t, anti notir" art' ht'rrhy wai\'t'Il.
I ~l_A-qlrO_w__p. '\~F-L_~____m____u___.. IlSt:u)
Ar;lOld D. :'1l11er
I~[AI-J;G_I;;__C" r!Ir..L~... ,ISt:.u)
ALice C. r:'iller
Ist;.u)
----,"' hh. '_hhp.. _, "Ist;-u)
And IIhall duly, promptly, Rncl flllly pt'rform, di~harl{c', t'XN'utf', l'fff'l't, complett', and comply with and
"bitl" by c~ac"h Rnd ('\'I'ry till' !\tipuIRtiIlIlS. ll~rl'I'lIIt'ntll, t"ontlitions, I\nll 1'0\'l'nants of aaid,promi8..'40rv now and
Ilr this JllOrtKI\~c, tlwn this mort~al{f' anti thl' I'Mtstc Ilt'rt'hy crf'atoo shall cease and be null and voill.
The Mort~a~or furthl'r C'.ovl'nants as 'ollows: '
1, 11lat hI' y,;1I pay tllf' inclc'htt.'thlf'ss, as hcrt'inbeforc provided_ PrivileKf' is ft"8(>r\'ed to prt'pay at AllY time,
without prt'mium or fl'I', tIlt' t'ntirt' intlt'bll'tlnt'88 or any pari thl'rt'of nllt 1l'SS than the amount of onl' instl\ttml'nt,
or ont' hundrf'd Ilollars ($100.00), whidlt'\'l'r is It'88. Any prepaymt'nt made on other than an instalhnt'nt
dllt' tlatt' will not Ix- crl'e1itt'tI until t~w nl'xt following installment due date,
2, In ordt'r more fully to prott.'t.tthCl 8f'rurity of this mortK&KI', the MortKagor, tOftE'ther with, and in addi-
tion to, tht' monthly pllyuU'nla undt'r tilt' tt'rms of tht" note !It'Curl'tllwl't'hv, on the installment due clah' day of
l'aC'h month until thl' saitl nole' is fully paid, will pay to tht' Mort~ag('f' the following sums:
(a) A 8um t'qual to tht' ..rround rt'nts, if any, nt'xt duf', Illus tht' prt'miums that y,;ll next lWl'ome dUI' ancl
pRJablt. on polil"ic'H of firt' ami (ltllt'r hazard insurance covt>rinjt the mortgaged propl'rty, plus tax~
ancl allSt'Mmt'nts nf'xt due on tht' mortgaged prolwrty (all as t'8timawd by the ~lortI!IlKl't' and of
whidl tht' MortKRl!or is notifit.e1) ll'ss all sums alrt'ftdy paid thf'l't'for dividt><l by the numllt'r of months
to t'lspIll' ht>fol't' on(' month pri(lr to the date when such ~rround renla, premmms, taxf's, anell\8Sl'ss-
nuonts will bt't'omt' tll.linqul'nl, sudl sums to be llt'!d by MortK>'t' in trust to pay said Wllund rl'nla,
prt.miums, tUC'8, Rnd spf'c'ialllS8t'8..'1Illt'nts.
(h) Thl' sKKrt'ltstl' of thl' amounts payahll' pursuant to suhparagraph (a> and those payahlt' on thE' note
llt't'un.e1 lll'rc'hv, IIhall ht> paid in a !linglt' paYJllt'nt t'sl'h month, to be applied to the folloy,;ng items
in tbt' ordt'r statt'd:
(I) KJ'ound n'nts, taxt'8, 'UISC'HSmt'nts, fire, and otht'r huant insurancc' I)remiums;
(II) int('rt'st on thl' nott' !Jl'c'urt'tl ht.tt'hy; and
(III) amort.ization of thl' prinl'ipal of ll8id note,
Any dt'fil'i,'nry in thl' amount of Sill'll aKKrt'l!atl' monthly paymt'nt shaU, unl('.8.'1 made Kood ~y tht'! MortK8Kor
prillt to thl' dul' elate of till' nl'xt lIuch paVllwnt, I'.onstitulc' an t'vent of clt'fault uncll'r thiS mortKIlKt', At
MortK~ee's option, MorlK8gor will PAY a "'late cha~c" not t'xcf'eclii1K four J>t'r ct'ntum (4%) of an~ ill8tall-
mt'nt when paid more than fiftl't'n (1.')) days after the due date thereof W cover the t'xtra I'XJ>t'DSe Involved
in hantllillK uelinqut'llt payuwnts, but. such "laic l'ha~e" shall net he payable out. of the p~oceeds of any ~Ie
made to 8atiRfy thf' indehtl'dnc'ss !It'Curl'd hereby, unlt'!4t sUl'h proccOOs are suffiCient to discharge the enhre
indebtednC88 and all proper t'osl.8 and expenses secured hereby,
, 3, If tilt' tot.1 uf tht' pavments madt' by thl' MortKagor undf'r (a> of paragraph 2 prc'Cooillg shalll'xct'Pd the
alJlount of paymt'lltK actually lJlacle' hy thl' MortK&gc>e,for Kround rt'nt~, taxl'M and 88S1'SSments, alld insurallCt.
premiums, as the ca."!' mo.y Iw, such e:'tee!\.'4 !\hall be creditf'd 011 suhst'ql!tmt payml'nts to be made by the Mort-
Kllgor for such it~ms or, at MorLKagoo's opt.ion, shall Ix refunded to Mortgagor. If, however, such mOllthly
payments 8hallllot he !\ufficit'nt to pay !lul'h items when the SafOl' shall twroml' dul' alld pnyahlt., t.hl'lI t hi'
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