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HomeMy WebLinkAbout2531 tlO~ K "-#llfftIIK '.T, ale! ~u(;~n~ fl To ""n: AND TO nOLD thf' lWDfI, ~ther ~'itl. all and sinK'll.r thtl tenementA, heredit.amt'ntA and appur- tt'lIaIWt'l1 tllt'n-unto bt-Ionl{inK or in anywitM" apIN'rlltininlC, and th" l"t'\'ersion ami ft>vl'rsions, l"t'mainclpr or I'E'- maindf'l'S, and also all tbe Nt.att', rigfit, title, anterNt., homt"lltead, clower and ridlt of dowpr, tM"parat4!' (>Stat.e, po8lK"88ion, t'laim and demand what.soever, .. well in law a!l in equit~" of ti", ""icl Mor4{agol' in and to the same and l"\"t'r~' Iltlrt thl'rt'Of, with thf' appurtf'nenc:t'8 bf the said Morlg1lgOr in and to t.he lW1le, and I'very part llnd part',,1 thc'n.'Of unto the said Mor~ in ft'tl aimple, Thl" MortgAJlOr ht'l'E'by COVl"nant8 ~;th thl" ~lor.tlC"W"', ttll,t he ill inclf'fusiblv N'ized of said land in fee simple or lIurh otht'r l'8tate, if any. as is state'll Ilt'rein; that hI' hl\.'4 full INlWt'r and l.a",11I1 riKht. to C-OO"t'\' tht' same as .fol't.'tlaicl; that. the land is fret, from all c1tRt'lImbran("('8 exN'pt. .. h{'l"t'in ot.herwise recited; t.hat Mid ){ortKaltOr ",ill make 8u("h furthl"r U8uran("c" to prow thl" afon.'88id tille' to saicl'and in saicl Morttt~ .. may bto l'E'uon- ably I'f'quiretl, and that. saicl Mor~r dIM" ht'rehy full v warrant. the tidt' to lUliel lanel. .ncl t'vt'ry part. thl'rC'Of, and will clt'fl'nd thl' same against thl' "awful c'laim8 of all pefllOns whom8O('vl'r. PROVIDED AL1U YB lh.t. if thl' ~lortlCagor sh"'l pay unto the MortKR"'l' that c't'rtRin prumi~'44lry note'. of whic'n thp followinlC is a lIubattLntial c'op)", to wit: l"l, ii;'1."U Forot P1eroce ... A'lf'1J~t 15 , 19 . Florida. .c.}, FOR V AL"t: Rt:Ctan:D, th.. undenlill"ed promiIW(8) to pay to the order of ..f, S, -, T '~ASo'r J .'R. , as Administrator of Vc.terans' Affairs. an Offic.t'r of lht' Unitt'tl Statt'fiof Aml'riu,r and his SUC'C'C'88UnI in !cuc'h offi("e, ll8/suc'h, anI I his or tht'ir assiKfll', tht' prinl'ipalsum of "r'~~ ,!,!!C}:.!~:\''T) ~'~'!T..': r'!~rj~m FI?'l'v ',':10 l\)!.....s -______Dollars(Sr;.')r.;().~ii.' ), ~;th intt'rc'lIt. from date at. tht' rate of fl ve:' one.. foarth pt'r ("entum ( S\ %) pt'r annum on the unpaid balanl'e until paid. Tht' said prindp!1 and inte'n...t HhAtI be payable at. t.ht\ offic'e or the Loan Guarant v Offict'r, Vl'terans Adminilltration Regional Offi("e, in St. Peter.burg. Florida " or st 9'11''' otlwr p. tl\("e as the holcl.-r may dl'8ignatt' in writinK d.-livered or mail..d to the dehtor hin monthly installnll'nts of Pi !'t,'T~1.ne 90d ()~l!()f) ------;---------------------- uoHan (I 59,.6~ ), ("onuncllc'mg on lht' ,~' v'1 UIi)' of Sor-t!}rnber ,1961, and l'ont.mumg on the "} ~ t I _ clay of t'&I'h mo'.'th tht'rt'aftt'r until this note is fully paid, t,'XCl'pt that, if not. soonl'r paid, the finrol payuwnt of priJl(~~~al anct mu'rt'St shaltbe dul' ancl payahle on the If'th day of AlII 'l~t ,19 "'.0 - Privil('ge is rt'St'rvc-cl to prepsy at any time, y..ithout. pfl'mium or fN', the l.ntire incll'btt'dness or any part. tlwrC'Of not l('SB thRn tIll' amotmt of Olll' illstallment, or onl' hunclre'll dollars ($lIlO.0()). whil'h,'\'c'r islc'S.q. Any prc'pa~'lIlent. Illade on otlwr thRn an illstRlllIll'llt eluc' elRU' will not he c're'clitC't1 until till' Ilc'xt folluwiltl! ilt!ltallllwnt clu(' date, If all\' clefil'i('Jl('\' in thf' pl\\'ltll'ltt of I\lty illstl\llllwntunc\t'r this Dote' is nut. ml\ele .,KKI prior to till' IIIII' clale' of tllC' nl'xt su("h iu!'tl\llllll'nt, th~. I.ntire princoipsl sum RIllI aC't'rtlC'cl inte'rc'st shRll Rt tlIWC' l..., Imc' due anll pay- aliiI' without notil'c' at. thc' option of the holelc'r of this note, Failure' to t'xt'ft'iSt' this option sl\RIl not I'onstitute a waiver of the right to I'xc'fl'ist. tht' 8RIIW in till' c'n'nt of sny suhscquc'nt dl~f'lUlt. In the en'Dt of cll'fault in tilt' paym('nt of this note., I\nel if till' same is l'ollc'ctl'Cl by an sttorlll'~' at IRw, th(' unclersiKflt'cl hl're'hy agt'c'I'(!l) to pay all ("usts of I'ollfftion, inc'ludin~ R ressonahlt. attorney's fc't'. This note. is gtvl'n for \H1rc'hast~ mont'Y of re'lll (>Stale' flOd is twc-url'd hy mortttage to Sl'C'Urf' c\t.ht of f'\'en date hert with, ginn and df' i"f'rNI hy thf' undersiWlNI to PRYt'l' on c.t'rtain rc'al proJK'rty dt'SC'ribed tht'rt'in. Prt'Sc'ntment, prole'!lt. I\nel notil'e Rre hl'l'f'hy wRin.d. /- / ~ _ ~.t.I. I ' . . I ,. ~ ..~, -. '~~0:J~!_~q~_~ .__ ~~i\.";::.3u____._____ ",>or,,,: ~{. 'i',"e:: ~-:::._~_:-~ ':.(_~~~.1.3~ ';,;~,!ES ~: ::; : f: ~ - C' :_.~ ~ :'i (; . -~.1 . - e S (lit: \ I,) (st:.\L) Ist:.\L) (8t:.\I.) AntI !lhRll duly. prullt\ltly. Illltl f"lly pI'rfllrm. c1iS4'IlItrgc., C'lWC'Ute'. c'fTc'c't, 1'1111\ ple. le', anll coomply with I\ntl Ilhiclt, hy c'''l'h anti I'\'t'ry t II' ~tipllll\tionK. agr"I'nwllt!l. t'olltlitions, and C'O\'l'nants of sRicl rromi~on' lIole' anti Ilf this nlClrt~l\gl', tllt'n this mort~I\~I' Rnel thc' ~tsh' IlC'reh)" crcated shRlI C'l'a8(' and be nul anti voiJ. Th(' ~tort~l\~nr furt}wr I'OVl'I1aDt8 as follows: 1. TIIRt IIC' will PRY tilt' inclt'hle,tlnt.s..., as IlC'n.inllC'fore pro\'iclt'eL Privilf'~c~ is n'8('n'c.cl to prt'pa)' at anv timl', without prt.mium or fC'I'. tllC' c'fltirc' ilulc.htc.elllC'Sli or any pl\rt tlwre.of not 11'SS than tht' Ilmount of one instllflnll'nt, or ClIlC' hlmcln.d dollars ($100.00), whicohc'\'C'r is lc's..q, Any prl'paymc'nt maele on other than an illstllllnwnt chIC' elRtl' will not lx' c'rI'Ilitl'cl unt il thl' n('xt followin~ instRllment chl(' dllt~o 2. In orclt'r more fully to prull'C'ltllC' St'c'urity of this mortgage, lht' Mortg,,"or, logetht'r with, Mcl in "eleli- ticll\ to. t.he monthly payult'nts unclt'r tht, terms of tllC' notl' St'c,urc'll Iwrehv, on thl' in!ltallment. due elate clRY of t'al'h mOllth until tIw !il\icl noh' is fully pllill, will PRY to tllC' :\Iortgagc't' the followin~ sums: (R) A sum I'clual to thl' J.,rrouncl rc.nts. if any, Ill'Xt clue, pl'ls th(' prf'mi"ms that ",;U nf'xt. tK'c'omt' dill' and pa~'Rhlt. on polil'ie'!l of fire anel othc.r hllzsrel insllranl'l' ("ovf'rin~ ~hp mortttattell propc'rty, phl!l tRxes ancl as!ws..'4ments nc'xt clue on tilt' lIlort~R~c'(l \lroIK'rty (all as e.stimah.cl hy the ~lort~lt~t'I' ancl of whic'" tlte' ~lort~Il~()r is notili('cl) lc'ss all sum!lS rf'ftcly pRicl thl'rc'for cli\'iclt'cI b~' the numtlt'r of months to elal_ hc.fore' on(" month prior to tilt' elstt' when suc'h grouncl rt'nts, prl'l1\lUmS, taxc's. I\ndl\s..'it'ss- uwnts will lx'l'omt' ddilUttlt'nt, sucoh sums to be Ilt'lcl by ~lortgagl'l' in trust to pay sRiel ~ftltll\ll rcnts, pre'millms, tRxc'S, ancl sPC'I'iRl tL.'iSl.~..nwntc. (h) The' It~~re'~ate' of tlte' I\mCIIlnts paYl\hlc' putsul\nt to subparagraph (It) snel thosc' pRy"hl,' on thl' note !lC'I'lIre'cl lte're'by, shRll Iw I'Rill in R !lin~l,. payull'nt c'al'h month, to be applic.d to tlte' fllllllwin~ ite.ms in thl' cmh'r stRtl'Cl: . 0) gTounel rents, tR':t'S, I\........s...mwllts. fin.'. Bncl otlwr hazsrd insurtlDloc' prt.mium!i; (II) inu'rl'st on the 1I0tl' SI'c'ure'ClllC're.hy; anel (Ill) alllort iztlt ion of thl' prinloipal of sl\icl not..-, Any tlC'lil'ic'Ilt')' in tlte' amount of Slid. al-~rl'~Rte' moltt hly paynwnt !lhall. unlt'S!l macle good ~y the ~lort~ll~or prillr to till' clul' clah' of tllC' Iwxt such pa)"lIlt'nt. cOllstitute an C"'c'nt. of ddault uncll'r thiS mort~l\gc'. At MortJ:ll~c'c"s optioll, ~Iort~a!!:or will Pj}:O' a "late ehar!!:c'" not c'xct'eelintt four JK'r c'c'ntum (4%) of any install- nwnt WhC'1l paid nlore than fif:t'I'1I (Ia) days aftf'r the clue date tht'reof to cover the c'xtra I'XPI'I1Se invol\'t'eI in hanellill~ ilt.linquc'llt. pR~'nll'llts. hut su("h "latf' cha~e" shall not bf' paYRble outo of t he p~(}('ef'ds of any ~lt' made to !lat isfy thf' inelt'hle.elllt,ss S('l'urf'd hl'rchy, unlc,~q su("" proceeds are suffiCient. to dlsdta~e tht' I'nt Irf' indebtt'Clne8S and all propc'r c'osts and c'xpenses Sl'l'UrOO hereby. ;l;- If tllC' Intal of the pa\'lIl('nts mMI' hy t IIC' Mortgagor undl'r (a) IIf para~raph 2 prc'l'c.dillg shall I'xcC'c'Cl the alttount IIf payments sctually I\laell' hy th(' ~tort~~c'e, for ground re'nts. taxl'S and as!w~qlttents, alld insurancc' prt'miums. as the ca.o;c may bc', sucoh exce~" shall be creclitl'd on sUhSl'qUt'1I1 payments to he ml\d(' hy tllC' ~Iort- ~~or for such it.I'InS or, at. MortltRgl'c"s option, shall be refullllI,d to Mort~a~r. If, howc'vclr. such mOllt hi\' paynwnts shall not. be sullicic.nt. to pay sudl itc'1\l9 when thl' same 8hall bf'l'ome du,' and payahh', t.h..n tli"