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11 PACE l~U
Tu H.\vt: ,'SD TO HOJ.D Ihl' sanll', to~htt:~IQjLiNtl" ~~~tllr thl' tNll'mrrlls, Iwreclitaml'nts l\rllt l\ppur-
\t'IlIlIll'f'!1 tIll fl'lIntn IH'hlll~ill~ ..r in Ilnywl!it: appl'rlHIIlIIIK, Imll tIll' I-I'\,l'rsilln Illul l'I'\'I'I'l'illlll', rl'IIl/liIUlt'r nf n'-
lIlaintll'nl. Illltlalso IlII tIll' l'14tllll', rit:ht, titll', mh'n'st, 11I1I11I':lII'all. tlO\\'I'r Ilnlt ri~hl nf tlnwl'l, !It'p"rll!I' I'Slllh'.
pt)li\,.'lN'."inll. dllim Illlll tll'mautl whllt!>()(,\"I'f, Il8 wl,1I in Illw a" iu 1'lIuily, of tIll' sKill ~lort~K~or in /lnll tn thl'llllllW,
IlJull'\'I'ry pKrl thl'fI'of, wilh thl' appufh'UIHlI'l'S of thl' sait! ~tnftKIlKor in anti tn tIll' Sllll1l', luull'\'I'ry pllft IlIlcl
part'I,1 ).lwn'nf IIUto tla' sa it! ~fl'rtKt\I.."'I' in fl'I' simp!.',
TIll' ~loftl!KKnf 11I'n.hy ('llvl'nttnls with thl' ~lortI!IlI!I'I'. Ihllt III' is inll..fl'llsihh' St'i 7.1't I of suit! 11l11l1 in fl'C
lIimpll'llr sl\('h llihl'f l'Statl', if any. as is lIlIlh'll hl'rl,in; thllt Ill' hHS full pnwl'r Illullllwtul ril!ht to l'OIl\'I'Y IIIl' slime
/IS Ilforl'saitl; thllt tIll' hlllll ill frt.(. from alll'IU'ulllhrllnl'l~ I'XI'I'pt 1\11 Ill'n'in othl'rwi!it. n'I'itt.d; t).!il sllill ~lort~"Kor
will mllkl' sl1l'h fllfllll'r \lllSUfftIU'I'S In pro\'\' thl' Rfm'l'sllill titll' to sllilllllnd in lI1liel ~lortI!IlI!I'I' /L.'l mllY 1)(' rl'a.'lOn-
ably rNluin'tl, anti thllt said ~lortK~,r tllH'S Ill'fl'hy fllll\' Wllffaut thl' titll' to lIaitllHntl, Ilnlll'YI'r,\" part IllI'rl.of,
ami wil IIt.fl'ntl t II(' 111\1111' Ilgail\!'t tIll' Illwful "'r\im:! of 1l\1 p('fsOn!l WhOIH!ltH'\'I'f,
PRn't'IDt:D ALW,' \'S thllt if tIll' :\lorlKIll!nr shllll PIlY untn III(' ~fnrtI!IlKI'(' thHt I'('ftain prolllisStlf~' IlOh', nf
whil'h tIlt' followin~ is a 8uhstl\J\tilll c'op,\", to wi~: '
S 1),500.00 Fort Pierce , Floricla,
Auguat 25 ,19 61
FOR Y...I.!.!.t.: Rt;,(,:t:lvt~ tll(' IIntll'f"j\if-FJleJ prnmilll'(s) to pay to thl' orclt'r of
J. S. GL1!;ASON, .Jl'\... , /L.'l Atlminislrator nf \'l'tl'fllJ\S' AffRif"j\, Rn Ofl1c'l'r of Ih..
Fnill.d StKll'S of AIIlI'ril'R, Ilnll his SII('C'I's'''OfS in ~II('h uffic'l'J /L.~ RIWh. Illlcl his or Ihl'ir 1lS,,,if-rJ1S, Ihl' l!fineiplll Rllln of
TitIRTEEN THOUSAND FIVE HUNDRED &: nOL100 ---------- Dollllf"j\ ($ 1J,500. 00 ),
wilh intl'ft'ilt from datI' at. thl' rat(\ of fi va &: one- fourth P('f c'c'ntllm ( 5\ %) pl'f annlllll uu II\{'
IInpaid blllRn('(' until paid, Thl' said princ'ipAlllIul iall'fI'sl lIh"lI IH' pny"hlt. at tl\{' onkl' of Il\{' l"cllln GIIKrKhty
OffiCl'f, Vl't..ranll Administflltion Rc'~onal Offi{'(" in St. Peterabu:t'g, Flcr ida ,('of K! RIWh
othl'r pll\('l' .II' th(' hd'7:r mR?' dt'Signst{. in "'lilin~ d..Jivl'rt>t1 or m"il('tl to th.. dc.hlof, in monlhl~' in!ltallllll'nt~ of
Eight~ and 90 100 n - - - - - - - - - - - - - - - - Dollar.l ($ 8Of90 ),
('omml'nc'II.l~ on Ihl' 25th da\' of September . 19 61, and c'ontinum~ on the
2~th day of ..sri, month thi'fl'aftl'r until this notl' is flllly Pllicl, ,'x"(l'l that, if not soolll'r
pat(l, \n(' final payml'nt of priJ!('ipal,md intf'fl'St shall hl' cJut' anll payabl(' on tIll' 25 th IIIlY of
Augus t ' 19ts6 ,
1>ri\"ill'g(" is rl'Sl'f\'l'Cllo pn'pny at any linll', \\;thollt pn.millm or 11'(', thl' I'ntirl' indl'htt.dnc's''' or Any part
thl'rl'of not 11'S..'l than thl' amclllllt of onl' instKIIIIlI'nt, or onl' hllndrc,d dollllrs ($100.l)()), whid\{'\'l'r i:~ II's.". Any
pn'paYIIlI'nt mildI' on o!llI'r th"n an im,tHlllIlI'n! chII' dlltl' will not IH' c're'dill.d until thl' Jll'xl followillK inslllllmclIl
dill' dntl'.
If IIny dl'firil'nry in tIll' ptlYmi'nt of IlIlY imltllUnll'nt IIndc'r this noh' is nnl mAtiC' goo(1 priof to thl' 11111' tlatr
ol thl' Ill'Xt SIlC'h installulI'nt, till' {'ntin' pri,U'iplIl slim "nd Ilc'l,rtll'd inll'r.'sl shKllnt (lJU'c'h('c'ollll' dill' Knel p"y-
ahil' wilhoul notic{' At thl' option of llll' hohll'r of this now. Fllihlf{' to l'xl'rl,jS(' this option shllll nol c'(lnstitute
a w"inf of th(" ri~ht to C'Xl'fl,jSt' thl' 881111' in I II(' C'\'l'nt vf any suhs('cl'lI'nt d(.f/lull. In thl' l'\'t'nt of dl.flUllt in tIlt'
paynll'nt of this 11lI1(', anll if tIll' !lam(' is ('olll'c,tl'tI by an attorn('y Kt lK"', thl' undl'rsil!JlI'd hl'rl'hy a~n'ds) to
pa,)' all costs of (,lllll'(.tion, induding a r('asonl\h!.' attoml'Y's f('l',
This note :s ~i\'l'n for \narchase monl')' of rc,,,1 I'sts\(' anel is sel'urNI hy m()rt~Rgl' to IWC'larl' d..ht of {,Yl'n
date l\(,fl'with, gi\'t'n ami dl' i\l'rNI hy thl' undl'f"j\i~l'dlo PUYC'l' on (...rtKin rl'1l1 propt'rty eI('8l~ribed th..rl'in.
Prt'Sl'ntml'nl. prot!'!!t, and notic'(' arl' hl'M'by waivl'11.
/a/ JOHN,D. ALMO~~, III
---;Tolin- -n-: mA:rmond-~' -m -------,.- ..-.... - [1st:" L)
/ a/ ARLIA ALMOND
,m Ar T1-&.' - -Almond ..
. [st:."L)
[Kt:.u)
.........._..,....__..........._.. __ [St:,'Li
And shall cluly, promptly, and fully Iwrform, dilwhllfgl', I'x('Cutt'. ('fTl'('\, C'ompll'tl', and romply with and
ahiell' by ('a('h andl'\'l'fY thl' slipullltinns, agn'('nwnts, c'onclitions, ancl rO\'l'nallts of said rfomissor)' nott' and
of this mortgagl'. Ih..n this mortgagl~ and tl\(' {'State lll'rl'by created shall cease and be nul and void.
The Mortgagor furthl'r covl'nants 88 follows:
1. That hI' will pay the indl'ht{'{lnl'S8, &8 hereinbefore provided, Privilege is rC8('rved to prepay at anv time,
without prl'mium or fl't', thl' t'ntiJ'(' inlll'btt'dnt'SS or any part th....rt'Of not 1(,;MJ than the amount of one instlltlment,
or one hundrl'd dollars ($100.00), whi('hev('r is 1l'88, Any prepayment made on ot.her than an installment
dut' date will not be rrt'dited until the next following installment due date.
2. In ord("r more fully to prott'Ct the security of this mortgagt', the MOftgagor, tog<>ther with, and in addi-
tion to, the monthly payml'nts undl'r the t('nos of the nott' I\('cun'<i ht'rebv, on the installment due dat(' day of
t'lK'h month until the said note is fully paid, will pay to the ~fortgAgee the following sums:
(a) A sum <'qual to the ground rents, if any, next due, plus the prt'miums that will next become due and
payable on poli('ies of fire and other bazard insurance C9vering the mortgaged prop"rt", plus taxes
and 1l88e8800ent8 n('xl due en tbe mortgagro pro!><,rty (all as t'Stimated by the Mortg/lgc'(' and of
which the Mortgager is notifiM) 1t'8S allsums alJ'('adv paid th('l'efor divided by the number of months
lo elapse hefore one month prior lo the date \1l..hen Buch ground rents, premlUms, tAXl'8, and 8S."I.~-
m('nt8 will become delinquent, Buch 5Ums lo be held by Mortgqee in trust lo pay said ground rent8,
premiums, taxes, and spt.'Cial assessments.
(h) The aggrl'gah.' of th(' amouflts p:\yable pursuant to subparagraph (a) and those payable on the note
8('('ur('(j hereby, shall be paid in a single payment ea(~h month, to be applied lo the follo\\;ng it~lll8
in the order stMtcd:
(1) ground rents, tRXl'8, aS8eStnnent.s, fire, and other hazard insuranee premiums;
(II) interest on the note secured hereby; and
(III) amortization of the principal of said note.
Any dl'ltdency in the amount. of such ~~ate monthly payment. shall, unless made good by lhe Mortgagor
prior t.o thC'\ due elate of the; next such payml'nt, constitute an event of default under this mortgage, At
Mortgagee's option, Mortgagor will pllya "late cba~e" not exCt'ooing four per centum (4%) of any install-
mentwhen paid more t.han fifu'('n (15) days afler the due date thereof lo cover the extra ex!><'nse involved
in handling delinquent payments, but sueh "late charge" shall not. be payable out of the proceeds of any salt'
made to satisfy the indebtedncss 8CCured hereby. unl('M Buch proceeds arc sufficient to discharge the ('ntire
indebtedness and all proper costa and exp6naes aecured hereby,
3, If the lotal of the payments made by the Mortgagor und("r (a) of paragraph 2 ptt'Ceditag ailall ("xcet'd the
amount of .,yments actually mad(\ hy the Mor"..gagee, for ground rellts, ta)(('tl and aBSt'll8mellts and insufanCt'
premiums, lI.8 "he C&IMl may be, Buch eJltoOOSS shall be credit~ on subsequent payments to be male hy the Mort-
gagor for Buell items or, at Mortgagee'. option, shall be reflluded to Mortgagor, U, however slIch monthly
paymcnt.B shall not he sufficient. to pay lluch item. when t.he 8AIl16 ioban beCome due and payable, then thl'