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'1 ~t ll.+y}: •+~u •rt) llot.n the s~trtte, ta!;eth:•; wil;,;.all wnd_sinl;ulHr the !tnements, hcrrdilNrnents And Nppur-
ttuantts thtrtunto l)tlonl;int; or in any+\•lae ~)~~t~tlatirtio~',hNli'd tli.i•Ir~•\•erxion lord reversions, remainder ~r ro-
n::+indcrn, Hnd tdso ttll the esttite, right, title, Inlere$t; hont.stedd, do~\'er and ri ~ht of do+\•tr, separate estate,
postie,,aiun, tlHim Hnd dentNlld w'llRtaoe yen, as well in law Ns in equity, of tht said ~lurtgH6ntr in Hnd to the sautet
And k•\•tr\• part ther:ot, wi•.h the appurtenances of the said \torigagor in Nnd to the samo, NII[I e\'ery part Rncl
parcel tLtreuf unto the said ~torl}~s}»~e in tec• aitnph~.
The ~IortgHt;ur hereby covenants with the ?11ortKH}tte, th~-t ho is indefeasit)ly seized OI aRld 1HRt1 in fee
simple or sucjl other estate, rf any, H3 !:~ atNled herein; that he IIHB f11I1 po\\'l`r Nild IHN'r'11I right to convey the canto
Hs Hfurtsaid ;that Ihr land is free frnnt All encumbrances exttpt Rs herein OthOrN'ISk' recited; that said `:1lortt;agor
will mHke such further Aswurances to pmvc tl-e Nforesaid title to said land in said Morit;Al;ee As Inay he reltson-
Rbly rrg~ired, And that said AlortgAgor does hereby fully warrant the title to said land, Hnd every })art thereof,
Rrll] will defend the same against rho 1Rw•[ul c•IAims of a]1 per3ons wl-omsoever.
1'%ttri'?llFa) ALw-1T8 thRt if the ~Iarlgtlgor ellHll pAy llntU thE` :~fOrtgAgek' t1lHl c`ertt+111 pn)mi~~c)ry note, Of
\+•hich the folio\\•Irlg IS R Snb3tHlttlRl copy, to wilt
$ 14,000.00 Fort Pierce ,Florida.
November 16, ~ 1962
Fox V.~r,u}: R>•:csrvs•:u, the under.\igned pmmiae(a) to pay to the order of J. S.
GLl:ASO~' , JR. , Ra Administrator of ~'ettrans' AfTHira, an Officer of the
i'nitc<t ~tatea of ADlerICA, And his aucce goys in such office; N.9 Bllth, Nnd his or their Assigns, the rind al sum of
r^OUFITE}~Id THOtigA^ID and ro~100 r s- - - - - - - - - DollRrs (~ l~, 00.00 ),
with interest from date At the rate of five ~~ • orie-fourth per ccntun) ( S~ %) per Annum on the
)mpaid balance until paid. The said principal And interest s11H11 1)P. pRyRble Nt• rite olTite of the Loan (iuarnrtty
Officer, Veterans Administration Kegional Office, in 3tt:. Yststr;~Wa~ lloYiia , or At such
other )lace Ns the holder may des' ate in writing delivered or mArled to t~te debtor, in monthly installments of
SFV~NTY-SEVEN sad' 31100 t s- - - - - - - - - - - Dollars (g 77.3 )~
commenting on the 16th day of De c e inb e r 19 62, and continuing on tl-e
11 ~~ day of each month thereafter until this note is fully paid, except that, if not sooner
paid- the Final payment, of principal and interes± shall be due and payable on the 16th day of
`1o~•ember ~ 1992
Privilege is reserved to prepay At any time, without premium or fee, the cntiro indebtedness4 or any part
thereof not less than the Amount of one installment, or one hundred dollars (3100.00), whichever is less. Any
prepaynu•nt made on other than an instNllmettt. due. date µ'i11 not ht credited until tl-e next follo\cin~ installment
due date.
If Rny deficiency in the payment of Any installment under this note is not made goal prior to the due date
of the next. such installment, tftt: entire principal sum And acrnred interest shall at once become due and pay-
able \\•ithout notice At the option of the holder of this note. FNilure Io exercise this opption shall not constitute
a \vaiyer of the right to exercise the carne in the event of any subsequent default. In file ovent of default. in the
payment of this note, And if the same is collected by an attorney at law, the undersigned hereby agree(s) to
pay all costs of collection, including a reasonable attorney's fey.
This note is given for purcheso rnoney of real estato and is secured by mortgage to secure acbt of even
date htrewith, given and delivered by the undersigned to payee on certain real property described therein.
Presentment, protest, and notice are hereby waived.
--~sf -CHARLES L. PECK __________ _ [s>•:;+r.]
- - - - - ---------------------------
Charles L. Peck
--~s~_.AUI2R~X_-PEEK- ------------ ----------- [st:.~r.]
Audrey Peck
And shall duly, pmmp fly, and fully perform, ctisthargc, execute, effect, complete, and comply with and
Hhide by each and every rile stipulations, Agreements, conditions, and covenants of said promissory note and
of this mortgage, then this mortgage and the. estate hereby created shall ceases and be null and void.
The :~fortgRKor further covenants as follows:
1. That he will pay the indebtedness, as hercinbefore provided. Privilege is re~crved to prepay At any time,
without premium or fee, the entire indebtedness or any part thereof not less titan the amount of ono mstNflrnent,
or one hundred dollars (3100.00), whichever is less. Any prepayment made on other than an installment
due date wit, not bo credited until the next following installn.ent due date.
2. In order more fully to protect the security of this mortgage, the :Mortgagor, together with, and in Rddi-
tion to, the monthly payments under the terms of the note secured hereby, on the tnstallmont duo date day of
each month until the said note is fatty paid, will pay to the Mortgagee the following sums:
(a) A Burn equal to the ground rents, if any, next due, plus the premiums that will next become due and
payable on policies of fire and other hazard insurance covering the mortgaged oropperty, plus taxes
and assessments next due on the mortgaged property (all an estimated by the ~iort'gHgee and of
which the Mortgagor is notified) less all sums already pard therefor divided by the number of months
to elapse before one month prior to the date when such ground rents, preriums, taxes, and Rssess-
ments will become delinquent, such sums to be held by Mortgagee in trust to pay said ground rents,
premiums, taxes, and special assessments.
(h) The aggregate of the amou_tts payahh pursuant to subparagraph (a) and those payable on the note
secured hereby, shall be paid in a single payment each month, to be applied to the fo11o\\-ing ittsma
in the order stated:
(I) ground rents, taxes, asaessmc~tts, fire, and other kazard insurance premiums;
(II) interest on the note secured hereby; grid _
(III) amortization of the Nrincipal of said note,
Any deficiency in the amount of such aggregato monthly payment shall, unless made good by the i\iortgsgor
)~ for to the due elate of the next such pavrnent., constitute an event of default ands, thin mortgage. At
~iartgaggee's o~;,ion, Mortgagor will pay a "late charge" act exceeding four per septum (~%~ of any rnstall-
ment \vhea pard more than ~ifteen (15) days after rho duo daft) thereof to cover the extra expenso involved
in handlin delrn uent• payments but such "late chargo" shall not be ayahle out of the pro-e~eds of ~„y sale
g ~ rg p
made to satrsfy the intlehtedness secured hereby, unles.9 such proceeds are suf$cient to discharge rho entire
indebtedness and all proper costs and expenses secured hereby.
3. If tl-e total of rho paymcnta made by the Portgagor u~:der (a) of paragraph 2 precedin„ shall exceed the
amount of payments artuaiVy made by the Mortgagee, for ground rcllts, tares and assessments, and i~laursnce
premiums, sa the case may be, such excess shall be credited nn subsequcnt payments to be made by the ~iort-
gHgor for sucl- items or, at :viortgageo's option, citgl! be refumled to Jortgagor. If, however, such monthly
payments shall not be sufficient to pay such iterita whoa rho same shall becoato due and payable, then the