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Home My WebLink About1096 __l_~_.-.-___,__~______.. ____~__ ..1___..___ _ H 'n'N,' ~IJ''<< SSl ~IJ 3~J To HA vr. AND TO HOLD thtl tWnf', ~the.. with all and singull'r the teneh\ent3. heredi~i\ct!t,(~ct Mil.,.., .r l ~ tenan<'t'S thereunto oolonging or in an~ appl'rtaining. and thtl revel'l\ion IUld reversions. I't'mallldt'r or re- ' maindel'l, and .180 all the estate, right, title, Interest, 'holTlt'5tead, dowt-r and right of dower, st~parat~ l'statil, (.~on, claill\ lUld demrnd what.oovH. as well in law a9 in ('(}uity. of the "Rill MortKagor in and to tlw snme, and ..ven' pl'rt t,lu'i'OOf. with the appurtf'nl\nc.e8 of the said Mortgagor in and to the same, and l'\'ery pl\rt find parcel tl\t'rrof \mW the said Mor~ in foo aimph The Mortgagor hereby covtlnant8 with the Mortg&gl't', that he is indf'fpllsibly sl'ized of said land i,l (ee simple or such o~her estalll, if any AS is sutOO herein; that he hl\.~ full power and Illwtul riKht to eonvcy the same IUl ftforesaid; that the land is free from all encumbrane('S except I\S IlPrein otherwise recitt'd; that said ~tortKflgor will make such fm.ther a.88uunCf08 to prove the aforesaid title to 8aid l,,!,d in 8ai~l MortgaJ.!t'e 1\8 may be reason- ably required, and that 8aid Mortgagor dOfl8 her:eby fully warrant the title to "l\ld "md, and every pl\rt tlwrl'of, and wiH defend the 8&me against the lawful dau1\8 of all p6l'!K)ns whomsoever, PROVIDED ALW.-\ Y8 that if the }'fortgagor ahall pay unto the Mortga~'e that certain promissorl' noli', of which the following is a substantial copy, to wit: . $11,900.00 Fort Pierce, Florida. March 1 st. 196.1 . FOR V ALm: RECEIVED, the \Indl'l'l\i~ed promi8<'(8) to pay to the order of J. S. G1 eason, Jr. . as Administrator of Vl'tcrans' Affairs, an ome('f oC t~le Unitt'd States of America, and hi8 sucCC8S0rs in such office, f\II Bueh, and hi8 or their l\BSi~s, the prineipl\l HUIIl of DoIVlr8 ($ ). .vith intt'rt'St from date at the ratt' of Pi ve & on~ hal f (l('r eentum (5 - t %) per l'.nnUl1l on tl\l~ unpai,d balance until paid. . The said principal and intpr('gt shall be pay'abh~ at thl' officI' oC t,hC\ Loan (hll\rl\l\t y Officer Veterans Administration Regional Offir.e, ill St. Petersburg, Florida ,or at such other place as the holder may designate in writing delivered or mailed kl the debtor, in monthly instl\ll\lil'nts of Dollars ($ ), commencing on the lat. day of April , 196~ , and continuing on the day of each month the~lOfter until this note is fully paid, except that, if not sooner paid, the final payment. of princ!!>al and interest shall be due arid payable on the ls t day of March , 19 93. Privilege is rese:-ved to prepay at :my time, without premium or fee, the entire indebtednes,~ or any part thereof not less than the amount. of one installment, or one hundred dollars (Sl00.00), whiclwVl'r is ks..'l. Any prepayment made on other than an installment due date will not he cr('(lit('d l.ntil tlw next following- instllllmcnt due date. If any deficie,ncy in the payment of any in8tallment undl'r this note is not made Kood prior to the due date of the next <;uch installment, the entire principal sum and Maul'd interest shall at once bl'come .Iue and pay- able without notice at the option of the holder of this note. Failure to exercise this option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default. In the event of default in the payment of this note, and if the 8am6 i8 collected by an attorney at law. the undersigned hl'rehy &gTee(s) to pay all costa of collection, including a reasonable attorney's fee. This note ia given for purchase money of real estate and is secured by mort~age to secure debt oC even date here'i\-;th, given and delivered by the undersigned to payee on certain real property described therein, Prl'st'ntment. prot('st, and notice are hereby waived. ($11.90 State Documentary Stamps affixed to original note and cancelled.) .__/~/.;r_~~~~n9_~...~_~Jgg~___m_d"UU_ d ist;,..L] James o. Briggs __.... [s t: u] _/~/I?.<?_~~~hY__~_~n.J;\.rJggs._ _hh .... lst:.-\Lj Dorothy H. Briggs _n_nd_un________n.n__......... _ U__hh.d u.__ [SEAL] And shall duly, promptly, anll fully perform, dill('hargl', execut(', efft'ct, complet<" and comply with and abidl' by each and ev<,ry tll(' stipulations, sgreeml-nts, conditions, and covenanta of saidpromis.'lorv not(' and of t'lis mortgsge, then this mortg&ge and the ('Staw hereby (',reated 8hall cease and be null and void. The Mortgagor !urther covenants ~ !ollo\VB: 1. That he will pay the indebtedness, AS hereinbefore provided, Privilege is reserved to prepay at any time, without premium or fee, the entire indebtednl'88 ot any part thereof not less than t}}e amount oC one instullment, or one hliDdred dollars ($100,00), whichever iil 11'tlS. Any prepayment made on other than an instl\lIment due date will not be credited until the next following in8tallment due dat~. 2. In order more fully to protect the l\eeurity of thi8 mortgagt', the Mortgagor, together with, I.nd in addi- tion to, the monthly paymenta under the tilrms of the not{\ secured hereby, on the installment due dflft- day oC each month until the said note is fully paid, will psy to the Mortgagee the Collowing 8UIns: (a) A sum equal to the ground renle, if any, ntlxt due, plus the premiums that will next beeome due and ps):able on policies of fire and {lther hazard insuranciJ covering the mortgaged property, plus ta~ ~s and ll88e88menta next due on the mortgaged property (all 88 estimat~d by the Mort~lIgl'(' and of which the Mortgllgor is notified) Ipss all sums alreadv paid tht'refor divided br the number oC months to elaJ>f\e before one month prior to the date when such ground rents, premIUms, taxl'~, and IISSl'S,'l- ments will become delinquent, 8uch 8Ums to 00 held bv Mortgagee in trust to pay said ground rl'nts, premiums, taxes, and special 888e88menta, . (b) The aggrt'gate of the fUDounts payable pursuant to subparagraph (a) an!.. those payabl!' on the note 8ecured hereby, shall 00 paid in a eingle payment each month, to be applied to the following items in the order 8tated: (I) ground rents, taxC8, 8S8el.l!lment8. fire, and other hazard insurance premiums; (II) interest on the note secured hereby; and (III) amortization of the principal of said note. Any deficiency in the amount of 8uch aggregate monthly payment shall, unle.ss made good by ttc Mortgagor prior to the due rlal6 of the next such payment, constitute an event of default under thiS mortga.ge. At Mortgagee's option, Mortgagor will pay a "Iale charge" not exceeding four per centum (4%) oC any install- ment when paId more than fiftl'en (15) days after the duo date thereof to cover the extra expense involved in handling delinquent payment9, but such "late charge" shall not be payable out of the proceeds oC any s~le made to satisCy the indebtedness secured hereby, unless such prooeeds are sufficient to discharge the ent Ire indebtedness and all proper costa and expel18eS ilOOured hereby. 3, If the total. of the payments made by the Mortgagor under (a) of paragraph 2 preci'ding shall excerd the amou,nt of payments a.ctually made by the Mortgagee, for ground rl'nts, taxes and assessments, and insurall~ premIUms, 88 the case may be, such exce8S shall be creditl'd on subsoql!ent payments to be made hy the Mort- ~agor for such items or, &t ~fortgt:.gee's option, shall he refunded to Mortgagor, H, however, such mont hly payments shall not be suffiCIent to pay such item8 when the same 8hall become due pnd payable, then thp . ~.;...-_~-~~,.~~.~.~~~r~,-'C.,...-.........,.-.~:"~'~~~~~..,...........,------.~'--------""''--';--..._''-'''''-~--