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To HAVE AND '1'0 HOLD th. B&me. ~ther with all and singular the'\eM1tiema~hWMft"htei\ta and appll'"
tenanct'8 ~reunto lx>longing or in anyWtBe appertaining, and the n-vention and rev~nliona, remainuer or re-
maindfil'8, and aleo all the eebtt", liaht, tida. lDuree". l\om~tead, dower Md riuht. of dower. eeparate eata\.e,
~0Il. daim and demand wh.teoeveI', .. well in 1... ~,in eq\lity, of the .aid MortcalOr in and ~. the -::t
and every par~ thel'f'Of. with the appuru-naneee of thIs.let MortplOl' ia &ad to the 1&lM, aDd every part
~l tNft'IOf unto the lAid Morigape in lee .unp!e.
The Mortpgof Mreby covenanta with the Mor~, that he la indefeasibly aeillod of uid laad-in fee
simple Oi' Buch oilier eeLa\.e, if any I" iB .Lated hf'rein; that. he haa full power and lawful right to convey t.he same
as aforeaid; th.t. the land is free rom All Mlclimbranooa except,.. herein olc\erwite reciwld; that aaid Mortgagor
will make .u~h furthtll ..uranCEC to prove the aforesaid title to B.id land in said Mortpcee .. may be reaaon-
ably requiJ'tld, and that. &aid M~ does}web, full): warrant. the title to Mid land. a!\d every part thereof,
and "ill defen<ithe UIM apiDel the lawful claima of all penona wbomIoever. -
PaO'llD&D ALwATI that. if the Mort.pgor ...11 pay unto the M~ that. out.&in promileory note, of
whicb the following is a lubetantial ropy. W wi\.: .
. 9,000,00. Fort Pierce , Florida.
October 19 ,lG 6'1'.
Foa VALUE R&C&lyaD, t.he undf'ralped promite(B) to pay to the order of J. S, GLEASON,
JR. .,.. Adminiatrator of Vpterans' Marra, an Officer of the
United St.at... of Ameriea, aDd his BUC(':ffi01'8 in llu..1, offiNl, .. Iluch, an(l hiB or. their uaigM, the principalaum of
\fINE THOUSA..'fD .A..nd no(100' S _ .. .. - .. .. - - - ~ - DoUA" (I 9,000.00),
with InterNt, hom a.{~ at. ale rate 0 five & one-fourth p&' cent.um ( 5\ %) per annum on the
, \mpaid balance until paid. Tbe aaid princip~ and intf'l't't't "hall be payable at the offi('(' of the Loan Guaranty
Officer, Vewrans Administration ~onal Oftioe, in ,St Peteraburg, rlorl4a ,or at such
othH' pl~ .. the hoId<< may d~at.e in writing deliv;;d or inailf.d to the debtor In monthly iNltaIlmf'ntll of
Fifty-Three and 9411uO'. _ .. - .. - - .. .. .. - - .. - uollara ($ 53.'" ),
commencing on t,htl 19th day of November. " 19 61. and cont,inUlllg on t.he
1 q t h day of eaeh mont.h thereafter unt.il thia note is fully paid, except that. if not, BOOner
paid, the final payment of principal and intere8t.l'hall be due and payable on the 19 t h - day of
October , 19 86. '
Privileoge ia neerved t.o prepay at any t.ime, w.ithout. premium or fee, the entire indebtedneM or any part
thpreof not IP88 than the r.mount of one installment, or one hundred doUartI ($100.00), whichpvt'r is 1l.'SS. Any
prepayment. made on other than an installment, due date will not he c-n-dited until tbe nt'xl. f(lllowin~ instaUment
due date.
If any defiden<,y in the pavrnen\ of any installment. under tbiB note is not. made good prior to t.be due date
of tht' next such installment., the entire principal sum and accrued int~relit shall at once become due and pay-
able without notic~ at the option of the bolder of thiB note. F~ilure to exercise t.hia option &hall not c.()~htut.e
a waiver of t.he right to ext'f("ise the same in tbe event of any subeequent default. In the event of default in tbe
payment of tbis note, and if tbe same is collected by an attorney at law, the undersigned hereby ;:.gree(s) to
pay all C08ts of collection, including a reasonable attomt'Y's fee.
ThiB note is given for purchue money of real esLate and ia secured by mortgage to secure debt of even
date herewith, given and delivered by the underoigned to payee on certain real propert.y described therein.
Pl't'Sf'ntment. protHt. and noti<,c are ht'~by waived.
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And &hall duly. promptly, and fully perform, dilcharge, execute, effect, complete, and comply with and
abidt' b;r each and eVl'rv the. stipulations, ~ments, conditiona, and covenants of aaid _promiMory note and
of this mort.ga.ge. then this mortgage and the estate hereby Cl'e&ted sbal1 ceue and be null and void.
Tbe Mortgagor further covenanta &II folloW1l:
1. That be Yo;}1 pay the indellt.edne88, u hereinbefore provided. Privilege ia reeerved t.o prepay at any t,ime,
without premium or fee, the entire indebtedn~ or any part, thereof not. I.. than the amount of one installment,
or one bundred dollr.n (1100.00), whichever ia Ieee. Any ~piLyment made on other than an inat.allment
due date will not. be credited until the next following inat QV'IIlt due date.
2. In order more fully t.o prot.eet. the security of this mortpge the Mortgagor, together with, and in addi-
tion to, ~he ~thl.Y pa~ta under the terms of the note &eC~ hereby, on the installment, due date day of
each month until the Mid note iB fully paid, 9ill p:r.y to the Mortpgee the following Bums:
(a) A Bum equal to tht' ground rents, if any, next due, p1ua the premiums that will next become due and
payable on policies of fire and other baurd insurance covering the mortgaged pro~rty, plus taxee
and aMe8Amenta ne.'tt. due on tbe mortgaged proper\y (all &II e.timat.edoy the Mor\<<agee and of
which the Mortgagor is notified) IMll all suma already paid thf'refor divided br the number of months
t.o elapee before ODe month ~ to the date when such ground rental prenuums, t.axes, and aM4l88-
menta will become deliDqueD~, iUch sums t.o be beld by Mort.ppe in uuat to pay said ground renta,
premiums, tue8, and special8l8e8f~ta..
(b) The aggregate of the emounte payable pursuant to .ubpar~ph (a) and thoae payable on the not.e
!lCCured hereby, ahal1 be paid in a einP payment each month, t.o be applied tA> the following items
m the order staled:
(1) ground renta, taX.,.. u.e.menta, fire, aIld other huard inaurance premiums;
(11) intel;Mt, on the note teCuted hereby; ~
OIl) amortisation of the principal of aa.id note."
Any deficiencv in tbe a.mount of such aggnogate monthly payment,.hall unleea made goo4 by the Mortgagor
p~ior to t.be due da~ of the next. sueb pa~entl ~~t.it.u\e an even\. 01 default under this mortgage. A~
Mortpgee'. opt.ion, Mortgagor will pay a 'lAte cnarge" no\ exceeding four per cent,um (4%) of any install-
ment. -when paid more lhaD fiftRen (15) days after the due da\.e thereof to cover t.he extra expen.ee involved
in handling delinquent ~ymenta, but. such "late eluU'ge" sh&ll not be payable- out of \be proooeds of any eale
made t.o saUsfy the indebt.ednesa secured herebv, unJHe web proceedJ are autliciAnt. t.o diBcharge the ent.ire
indebLednMS and all proper C08~ and e.xpeoses .ieeu.red hereby.
3, If the total of d\.8 po.ymenta made by the Mortgagor under <a> of paragraph 2 preceding shall exceed t.be
amoun\ 01 payments ac\ually made by the Mortgagee, for ground renta, W('S and U8t'8lUOents and insuranoe
premiuma, .. ~ cue may be, such ex~ s.hall be Credit.ed on S~ll8J)' pftYll16nt.8 to be m.a.de by t.he Mort-
_ gagor for.uch l\.elQa or, at Mort.gagee. option, shall be mWlded to ~ If, however aueh lI~()nthly
paymenta aha1l not. be sufficient t.o pay .Uch it.emA wben the same shall me due and payable, then tht'
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