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12.': 58 3"4
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To 11.\ v.: AN D ,\'0 1101.0 thl' samt', ~ther with IlU &nIl sin((ultlf the l..ellOmtmts, lu rooitamrnts anllllppur-
tt'n~'''Il't'.<I thl'f\'Ullto 1ll'lollKing or in, anyw~86 appt'rtsining, Rnll till' rt'\'ersion '\I~d n.'\'t'rsions, rrllll1illllt'r or rt'-
111 1111 Ith'rs , alHll\lstl ..It '\w rstutr, right, litle, mtertJet, hOllll'!ltel1d, tloWt'r and ...~ht or tlowl'r, .<It'l"trr\te I'slale,
1~'S.,.I's...;i(lIl,l'!ltiJl\ 1\I1l1 tI.'/\lI\IHI whal80eyrr, B.8 well in lay,,' a~ in ('(l'lity, of tlw !1M-ill \fort~r\:::)r in l\Julto thl' !lIUl\("
nlltl 1'\'1'1'." plt..t thl'reof, with the appllttl'lIl\nl'l's' or th(\ saitl ~tllrt~';gtlr iI'l and to th\' ~",!,", antll'\,l'r,)' pllrt I\IHI
pl\rc..l t11l'1'1'1)f Ullto th(' I!aill ~{ortgl\gl'I' ill fl'tl simple.
Thl' Mortgagor lwrt'b.v eOYl'nant:l with tlu, MorlKagl't', that IU' is indl'fl'asihly 81';l!.;.',1 or snitl Inn.! in fce
"impll' or 8\1('h otllt'r I'!llllle, if ail.", aH is st!llt'ulll'n.in; thatll1' hlt!! filII power IUld IIndlll right tOl'On\'l'." tIll' sllme
Il.<l Itfon'!lllitl; thltt the ll\ntl is frt'e rrom all cIH'umhranl'.'!I eXI't'pt 1\!llll'n'in otherwisl' rt,,'ilt'U; that saill ~t(lrlgagor
willlllakP sll('h rurtlu'r I\SlluranC('8 10 proVt, the arort'llllitllillt' 10 !laitlland in !ll\ill ~lortl~l\Kt'l' 11.8 l1\a." hI' rt'ltson-
nhlv rt'Cl"irl'd, and thl\t said ~.~ortg&fl:or dO(,8 hl'r('hy rulh' Wllrrant tll(' titl~ to lIlIillll\nll. anll ewr." \I"rt tlll'rt'of,
1\111\ wil lldelHllhl' lIllnu' I\gall1st the 11\~1111 dl\ims or a\1 pl'~)JlS wholllso(,\'I'r.
I'tlovlln:o AJ.w.~ YB that ir thl' ~Iurt~a~or Khall pay untH tIll' ~{ort~l\gl'l' thllt "I'rll\ill \lrollli~sor.Y 1101(', of
whit'h tIll' ful\owin~ iK 1\ suhstlLntilll ('oPY, to wit: .
$ 8,500.00' Fort Pierce , Florida.
March 7 ,19 63.
FOil V A un: lh:c.a n;n, tl\(' undl'~i""I('J promiat'(s) to p~y to thr ord('r or J. S. GLEASON I JR.,
, I\lI Adminilltl'l\tor or VI'INRII!l' Affail1\, I\n omeN or thl'
l 'nitI'd Stall'!'. of Auwrit'I\, IIlld hisIIIICl't'8.,<(111\ ill !l1H'h om!'t., I\R SlIl'h, I\nll hill or tlwir 1\.."..'Ii~l\s, Ih" prinl'ipal !lum oC
-.--:--Eiqht Thousand Fi V.e Hundred and NO/IOO--------- nol\/l~ ($ 8,500.00 ),
With IIltl'rl'sl (rom <ll\t(' at th,' rate offive & one-fourth pt'r Ct'1I1ulll (5+ %) pl'r annulll 011 thl'
IInpaid balance until paid. Tho said prinripl\land intNl'sl !lhall he payable 1\1 tlH' O~('I' of thr Loall Clllllrllntv
Offil'rr, Veterans Administration R(\gional Offi('I', in St. Pet...bunl Florida.. ' or I\t lIlIch
other pll\l'l' as th(\ holdN may d~ignatt' in writjn~ drlivered or ml\iINf1O'thi' (l('otor, m monthly in..'ltallllwllts of
-------Fifty and 94/l00---------------------------.:..-DollatB ($ ~.9~ ),
l'ol1lmcnl'in~ on 111(' 7th day of ... April , 1963, and continllll1~ on the
. 7th. tll\)'?r ~l\Ch mo~til tht'r('a(t{'r untillhis note is rully pl\id, eX!'i'pt thl\t, ir nol sooner
pl\ld, ~he hnsl paym('nl or prmclpal and mu.'rest Shall be due and payable on the 7 th day o(
March , 19 88,
PrivilPge is r('SCrvt'd to prepay at any tillie, without pr(,lI1ium or rN" thl' ('ntire indebt{'(hll's.... or 1\11)' part
thrr('of not l('ss than thr I\mount or on(' illstal\m('nt, or on(' hllndr('d dolll\rs ($100.00), whieh(,\'H iflll'''-'!. Any
prl'pl\,}'llwllt II1l\de on othl.r thl\n an instalillwnt due date will not Ill' I'rt'ditNluntil thl' nl'xt rol\owill)! instllllment
tlu!' dllt('.
If I\n." drfiri('ncy in the pl\vmrnt of I\ny installment undrr this not<, ill not m~(h, gootl prior to thl' tllIl' dat{'
of till' n('xt sudl inst I\lInlt'1l t, the ('ntire prineipal sum and aCI'rll('d in ter('st shl\lI at 01\('(' b('colll(' Itur I\llll pay-
I\hle ~'ithollt not.ice at the ol~tion or the h?ltll'r or this note, Failure to I'x('rcise this option shall not eons.titutc
a wal\'er or the rIght to rXt'r(,I!'l1' the sam? III tll(' rvent or any suhsc(l'll'nt default. In the ev('nt or drrl\ult III the
paYllwnt or this nott', .ann.ir the Sl\mt'l is ('ollrrted by an attorney I\t law, the und('t'fliI{I1NI hl'r('hy 1\~I'r(s) to
pay 1\11 COllts of !'olll'cllOn, mduding a ri'880nl\blc attorney's (e{'.
Thifl note is gi\'t'n (or purchase money or rt'al estate and is sccured by mortgage to scCoun' drbt of l'vcn
date hl'r('with, givcn and drlivl.'red by the und(,tBigned to payee on certain real property described therein.
Pr('s('Jltm('nt, prott'st, I\nd notit'e are h{'J'flhy waivcU.
, .. j ~I.... ~r;wJ.l? _ .~:J:. G~.I. . _ JR.... ---.... . .
Lewis Rice, Jr.
__./8/_.. . DAISY. _ E .__ .RICE...._
Daisy E. Rice
.. [St:AI.)
.. [st:.u)
[llt;AL)
. [St:.uJ
And shall duly, prom\ltl)', and (ully perform, rlisrhl\r~l', (,xt'l'ul{', rff('rt, romplrt(', I\nd comply with and
alli:!l' by I'l\ch and I'\'{'f)' Ill' stipull!otions, I\gn'l'lIwnts, conditions, I\nd :,ovenants o( said rromis.'!orv not(' and
of this 1Il0rtgl\gl', then this mortgage and lhe e.,tate hereby rreatecl. shaH ecase and be nul 8I1d void.
Thr Mortgagor (urthl'r covenants as follows:
1. Thl\t he will pay the indebtedness, as hereinberore proyided. Privilege is reserved to prepa)' at anv time,
without prrmium or (rt" lhe cntire indebtednl'ss or any part tlwr,,1)( not less than the amollnt of one ip.lItllfIment,
or onr hundred dollars ($ 100.00), whichever is less. Any prepayment made on other than an instllllment
du(' dl\te will not be errtlited until the next following installment due date.
2. In onll'r more full... to protect the security or this mortgage, the Mortgagor, together with, I\nd in I\ddi-
tioll to, the lIlonthly paynl('nls und('r the terms o( the note secur('d hereby, on the illiltallment due dstt' day or
each month until th(' said noh' is (ully paid, will pay to the Mortgagee the following sums:
(Il) A sum <'qual to th(' ground rents, ir any, next due, plus the premiums thl\t will next become dul' and
payable on policies oi fire and other haza.rd insurance covl~ring the mortgl\ged prOpl'rly, plus II\XC8
anil aSS('SSIlll'nts n('xt due on the mortg&fl:ed propNty (all as ('stimated by the Mortgl\gt'c and or
which the Mortgllgor is notified) less all sums alrel\dy pl\id tht'reror divided by the number or months
to elapse berore one month prior to the date when 8uc.h ground rents, prcmlUms,' lax(,fI, and IlSS<'.gg-
ml'nts will become delinquent, such SUIlliI to be held by Mortgagee in trust to payisaid groulld rellls,
pr('miums, taxes, and 8pecial asaessments," .
(h) The aggr('gat~ o( the amounts payable pUtBuant to subpl\ragraph (a) and those payable 011 tll(' note
s'.'eured hereby, shall be paid in a single payment each month, to be applied to the tollo\\;ng it<.>ms
in the order stated: .
(1) ground rcnts, taxes, IL88CS8ment8, fire, and other hazard illBurance premiums;
(II) int~rest on the note secured hereby; and
(HI) amortizl\lion of the principal or said now.
Any d('fi:'iellcy in tll{' amount o( such aggregate monthly paym('nt shall, unlpgg made gNXl ~y the Mortgagor
prior to the due. dale or the next such payment, co~~itutc an ev.ent of derault under tIllS IIlortgllg:e. At
Mortgagee's optIOn, Mortf:ligor will pay a "late charge not excccdlllg rour per centum (4%) of an~ ll1!1tsli-
men! when pll.ld more than fiftl'rn (15) days arter the due date thereof to cover the e:r:tra exp('nse lIlvolved
in handling ~elinquent payn. tents. ' but such "late charge" shall not be payable out. of the p~oceeds of any s~I(.
made to satisfy the inrlebt('dneBs secured hereby, uilleas such proceeds are suffiCient to dtscharge the enl\rf.l
indebtedness and all proper costa and expenaea secured hereby.
3. If thl' total or tIll' payments made by the Mortgagor undrr (a) or pnragra~h 2 precl'ding shnll rxccrd the
amount of payments ar-tually madl.l hy the MortgageC',-for ground r<,nts, tl\XI'S and aS3Pssments, and insurance
premiums, as the case may bl', such ('xcess shall be credited on subscql!ent payments to he made by the Mort-
gagor ror such iten18 or, at Mortgagee's option, shall be rerwlded to Mortgagor. H, however, suchmant hI)'
payments shall not be sufficient to pay 8UC~ items when the same shall bOCQmc due and payable, then thl'
. ~ . , .')
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