HomeMy WebLinkAbout0362~o ~ 25 X362 _
To HAVE AND'ro HOLD flu s+une, to~ethcr with sU and singular the tenements, herediCamenta and appur-
tenances thereunto belonging or in anyv--~se appertaining, and the reversion and reversions, remppeinde~ or re-
mainders, and also all the estate, right, title, interest, homestead, dower and right of dor is anlato the s. e~
possi~asion, claim and demand whatsoever, as well in law as in equity, of the said ortgago
and every part thereof, with the appurtenances of the said ;ttortgagor'n and to the same' and every part anc~
parcel thereof unto the said Mortgagee m fee simple. that he is indefeasibl seised of said land in tee
'The Mortgagor hereby covenants with the Mortgagee, y
simple or such other estate. ~t any, as is stated herein; that he L ~ here~inwotherwise recited; that aid \iortgagor
as aforesaid; that the land is free from all encumbrances excep
will make such further assurances to prow the doro8aid title to sail land in said Mortgagee as may be reason'
ably required, and that said Mortgagor does hereby telly warrant the tiUo to said land, and every part Cheroot,
and will defend the same against the lawful-claims of all persons whomsoover.
pROYIDSD ALWAYS that if the Mortgagor shall pay unto Cho Mortgagee that certain pmmissory note, of
which the toUowing is a substantial copy, to Writ: Fort Pisrgs ,Florida.
= 9 s 500.00 - Ds cestbsr 18 ~ 1961
FOR VALUE RSCE1vED the undenu(Cned pmmise(s) to pay to the order of -
J• S • aL~ASOR r ~ ~ , as Administrator of Veterans' Affairs, an Officer of the
United States of America and his successors in sac office as ~u~h,_ nd hia__ their assigns, th~pglnOlp~a~+bum ),
Hine Thousand Ff ve Hundred de no~100 is Dollars (= r annum on the
with interest from date at the rate of F live hand n! ~~ hall ~ p~ysble sl, the office clot ~e Loan (iusranty
unppaid balance untU Paid. The said p , or at such
Oflioer, Veterans Administration Regional Office, in St Pet . abut ~~or tda
.other place as tha holder ma dengnate in writiiigrdelivere~ or maUed to ~e a for m monthlyinstallmenta of
~ollars (t 56.93 )~
FiltT-Sl~c p --------------- ------ , t9 ,and continuing on the
send 93 ~th day of January
eominencang on a aid, ex t that, it not sooner
day of each month theredter until this note ie fully p
pu~jt~ final payment of principal and interest shell be due and payable on the 1~th day of
Ds aetttbsr , 19 86 .
a at sn time, without premium or fee, the entire indebtedness or any part
privilege is reserved to prep y y whichever is less. Any
thereof not less than the amount of one installment, or one hundred dollsis (:100.00),
prepayment made on other than an inatsllment due date will n_ot be credited until the next folloW~ng installment
due date. inatsllment under this note is not made g~~od prior to the due date
It any deficiency in the payment of pony . _ _ _
of the next t noU'ce the option of tthe holder of this ote. F ilurento exercise this o Lion a~linll not ~ t ate
able withou
s waiver of the right to exercise tha same in the event of~ tto~ ~~ ~~~f ~e •~aerta~gnevde hereby f aagree(s) hto
payment of this note, and if the same is collected by y
pay all costs of collection, including a reasonable attorney's fee. _ y to secure debt of even
This note is given for purchase money of real ~t~ p~~ o ~ut~ ~ pmt ~'~y de8cnbed therein.
date herewith, Given and delivered by the undersign
presentment, protest, and notice are hereby waived.
sf MARYIN L. BILffi_____________•__-- [Bt:AL)
-- - --min -~:--Bil'es---- --
--~~1- LBFA--F~~- BILKS-------------- [seAL]
Lena Farley Bi1ea
------------ IBEAL~
______ 18EALJ
----
And shall duly, Pmmp~ly, and fully perform, discharge, execute, effect, complete, and comply with and
abide by each and every the atipulstiona, agreements, conditions, and covenants of said promissory note sod
of this mortgage, then tLis mortgage and the estate hereby orated shell cease and be nuU and Void.
The Mortgagor further ooVenaats as follows:
vided. Privil 1a'reserved to prepay st any time,
1. That he will pay the indebtedness, as hereitibefora pro ~ amount of one installment,
without premium or fee, the entire indebtedness or any part thereof not 1 made ~ other ~ an installment
or one hundred dollars (ilf,)0.00), whichever is lees. An, ~ ~,r'eP!y~IIeAt+ .
due date will not be credited untd the nest following t due date.
the Mortgap~or, together with, and in addi-
2. In order more tally to protect the securityt f thn ~ r ~ ~by~ ~ u~re ~~rnt due date day of
lion to, the monthly payments !index-~ ~ terms L ~ to the Mortgagee the following sums:
each month until the sod note is fully paid, will Pay
(a) A sum equal to the ground rents, if an ,nest due, plus the premiums that will neat beooine due and
of fire and ot~~uynCe covering the mo pr~oppeerty, plus uses
payable on poWdes (all as estimatedthe Mortgagee -ahd of
and aresssrients nesti due on the mortgaged pprroopen'y •d therefor divided ~ the number of months
which the Mortgagor is notified) less all sums alr$ady pa 7
to elapse before oar month prior to the date whea such ground rests, premiums, lases, and sesees-
ments w~ beoo~i+e deliuqueat, such sums to be held by Mortgagee in trust to pAy sad ground rents,
• premiums, taxas, and epeeist asseea~4• a) ~ ~~ payable oa the note
(b) The ~re~e of the attionnte F~-y+M° Pursuant to subparagraph ~ hod the following items
secwed be~e+eby, shall be paid m a st~1e Pay~t each monib, to - app ~
is the order stated: s ~ other fia and imuraaoe pr+eminres;
~ (I) groymd rents, lases, asbeesnoieatK ~.
(II) interest oa the note secured hereby; ~ _ ~ . r , , , ~ - ,
(~) . of ~'° ' ~ ~ r1of~• ~ ualess made good by the Mortgsg~t
Aay def3cieaey in tbs amount of sac)} agge+egnte moathll Pal -
prar to the due data of tbs tied suck ~ at oonsli~tte~d~ default under this rnortga~e•
~t'~e '~ tout per oentum (4%) of a-7 ~-
,s ~~ M will ppaa s late c~isrge _ , involved
l~tioetgagee optima teen (1b~ . t4A trs to cruse the extra experiss~ sale
~ a ~~~~°''~
thsawdling pa>d u~tp ycQeuts, but ~ ~ ~ xt+o ~ ~ tbs~entire
made to satisfy the b><kbtedaess ,~~ Ttse~eby. - -
indebtedasss sad ~ PpPa costs and espetres
3. Yt fiN total of the to made by the M under (s) of paragraph ~ precedu>s shall reed the
snooiint ~ 1xY~M ae~ ~y1°°n~ ~ ~ M °~ ta, taxoa and assessmea~s, sad iruurawe
rennitum~s, as Cllr case be, sum a~oosss orj~~~~~ usat emu, b ~~~ auoyh~m ~a hl
foe loch hems ot, a~ a.°P~ ~ be ~~, ~ dne and payable, thea the
Pa7rneals shall sot bs wfficLent Pay ~"~?t~"~
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