HomeMy WebLinkAbout2823___~ eoaK ~$ ~~692
To HAVi; aND to HOLD the name, tosethec with all ands ^~~th~~hereditaments and appur-
or in an a pertaining, as ilia reveraiod-7aitlt reversions, rem ar dtereoatst~s
tenatnces thereunto belonging Y~ p
mainders, and also sU the estate, right, title, urtsrest, homesteau `d of ~ ~~ ~ortgagor in~and to the same
possession, claim and demand whatsoever, as well is law as in eq y, art an~
and every Part thereof, wiUr the appurlenanoes of the said Mortgagor n- and to the same, and ovary p
parcel tl><ereot unto the said Mortgagee in tee simple.
that he is indefeasibl seised of said land in feo
The Mortgagor i-ereby covenants with the Mortgagee,
simple or such other estate, rf any as is stated herein; that he has full power and law ul righ tbatosdvd Y _tortgagor
as aforesaid; that the.land is free ~rom all encumbrancos except as harem otherwise recited; as may be r~asotl-
will make such further assurances to P does~hereb~tulld warri~int albs title to said lland~~every part thereof,
ably required, and that said Mortgagor y ~ whomsoever. - -- -
and will defend the same againal the lswfi~l claims of peso
Pnovrusu ALw~-ve that. if the Mortgagor shall pay unto the Mortgagee that certain Promissory note, of
which the following is • substantial copy. to wet: Fort Pierce ,Florida,
i 5, 200.00.. February 2 ,19 62.
ed romise(s) to pay to the order of J • 3 •
FOR VALUA $SC~ ED, the undersiia;n P ~ ~ Administrator of Veterans' Affairs, an Officer of the
GLJ3ASON, the rinci al sum of
United States of America, and his aucceesors in such office, as such, and his or theirpo ln~'(i 5 ,200p 00 )•
FNS TH0~I~AND TWO ED & no/1~OQ fs - ~; oentum (5~ %) Pei annum on the
with interest from a at the rate oI-five do one- 1 y
im aid balance until Paid- The said principal and internal s~iall be payable at the o cc of the Loan or at such
p nal Office, in St. etertl urg Florida y ,
Officer, Veterans Administration Regio in writing delivered or mailed to the c~ebtor~llara (= Lj.9 ~allmenta ;f
other L~e as the holder m• s - - _ _ _ _ _ _ - _ - 1
pForty-Nine and 1{.1~10~ t da of March , 19 62 , and continuing on the
comrnenci on the 2nd y
~~ day of each month thereafter until this note is fully paid, exce~d at, if not >ao~ of
paid, the final payment of principFal and interest shall be due and payable on the Zn
February • 19 T4• the entire indebtedness or any part
privi]ege is reserved to prepay at any time, without premium or fee, whichever is less. Any
thereof not lees than the amount of one installment or orie hundred dollars (1100.00),
prepayment made on other than an installment due ate will not be credited until the next following installment
due date. inatslhnent under this note is not made good prior to the due date
If any deficiency in the payment of pony , _ _
of the next t notice at t ~e optitohn of the holds rof sthis ots. Failure to euercise this o tion shall not ~ t ut,e
able witho
a waiver of the right to exercise the same in the event of any subsequent default. In a ewe he bdefault i~s~ h~
payment of this note, and if the same is eoilected by an attorney at law, the undersign y agree
Pay all costa of collection, including a reasonable attorney's fee. mortg~ ~ secure debt of even
This note is given for purchase money of real estate and is secured by ~ descnbed therein.
date herewith, given and delivered by the undersigned to payee on certain real p PAY
Presentment, protest, and notice are hereby waived.
/a[ ROBS__RT_-A~__~UW--------------------IBF.ALJ
---t'-'
_: ober~ ~. Baxley
` /s f ANNI$--PAYS 13A1/LBY ------------------ (saa:ALJ
~nnie~ Faye Hanrleiy
--------- IBEALJ
------------------------------ [seAL]
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discharge, execute, effect, complete, and comply with and
And shall duly, Promptly, and fully perform,
abide by each and every the strpulationa, agreements, eondrtiona, and covenants of said promissory.note and
of thin mortgage, then this mortgage and the estate hereby created shall cease and be null and void.
The Mortgagor further covenants as follows: age a at any time,
1. That he spill pay the indebtedness, as hereinbetore prof noF less than the amount of one installment,
without premium or fee, the entire indebtednesb or any part mpayment made oa other thaw an installment
or one hundred dollars (=100:09), whichever is lead. ~iastarllment due date.. - '
due date will not be credited until the next folloying the Mo r, together with, and in addi-
2. In order more fully to protect the security of this mortgage
lion to, the monthl payments under the terms of the note secure hereby, on fire installment due date day of
yy will pay to the Mortgagee the following sums:
each month until the sand note is fully Paid, next due, plus the premiums that will next become due and
(a) A sum ual to the ground rents, if an , m rty, plus taxes
eq insurance covering the mo P and of
payable on policies of 8re and other ~ all as estimatedthe Mortgagee
sad assessments nazt~ ~U~) ~ ~ sum y ~d therefor divided ~1 the number of months
which the Mortgagor ~ r ~ ~ date when such. ground teats, prenuums, taxes, and aseees-
to elapse before one month p}'io M m trust to pay said ground rents,
manta vvt11 beootne~dedl'nn~ , s~ sm~vt'o beheld by ortgagee .
premiums, tares, (~) able on the note
(b) '~ to of the sasounts Payab_le ~urauant to subparagraph be a°d 'ed to ~ following items
~dereby, shall be paid m s ~8 pa3'meant-each monfb, t'° ee aPFh
In the orderstated: - ~~ ~ otbee hi~:ard insurance premiums;
- ~) 8~touad ~~ taxes' aseesenreata,
(II) interest on the note secured Lereby; sad
(III) aaantyrti:atiop of hire principal of said iw~• ~ b the Mor r
Any deficiency in the amount of such agig'egate monthl7 Pa3Rg0at shaII unless made good . y t6aBet
riot to the dne data of the next sy-oh pa~meat eonstit~ e:oeediap°t centum O ~~~
's option, M will Pa a ~'e ~g's to Dover the extra expenss rawly „
o 1 b days ~ ~ , ~: ~ pay~~ out of the proceeds of any sale
meat w n pard store toltaan~~ Stte~ ( ) d~° ~'°, ~~
ue~nt payments, but au~r : latae'?~~ soh proceeds era t to diseluige the entire4 -F ~y
"madsatidy~the indebtedness secured herebTiecured ~eby.
iadsbtedaess and all proper costa gad expenses _ n .
3. Ii the total of the ~ is made by the Mortg~or under (a) of paragraph 2 preceding shall e3ceeed the
to aatuall sa~ade b the Mortgaaas, fior~roand rpnta, taxa sad aseeesmenta, and u-suranoe
amount o[ paymen y' 7 be ct,+edrted~ on ueot payments to be made by the Mort-
remituss, a~s the ptse,tona be, such e~ooees shell If, however, such monthly
~ for sudr items oar, ~ Mortgs~pee's optdton; shall be refnaded b ~ _ ~ due sad Wyable. then ~
payarpaots shall nof: bs sufBoient to pay strop ,it>~ wheq t~s N
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