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To HAY. AND TO HOLD the MIDe, ~t.hel' wit.h all lAd .mplar the t.menwID", heredl\&meata and appur-
wnr,nc('8 t.hereunto btllonginr or in foIl~ &t>>pertain""" and the ~venion and revel'lliooll, remainder or re-
maindel"ll, and Nao all t.he eet.ate, ript., t.itle, m......t., hOl'f'Mtead, dower ...~ Matht. of dower, eeparate eat.ate,
poe8t'88ion, rlaim and demand wbateoenr, .. well in law u in equity, of the aakl Mortpcor in and to t,h" I&IIMl
and f'very part th<>roof, with the app'urt.euanca of the Mid ~ortgagor in and to the aa.ne, and every part. and
parcelthf'roof unto t.he ea.id Mortpcee in fee llimple. '
The Mortgagor hereby covmanta with the Mo~,that bel ill indtlfeuibly eeiMd of said land in fee
simple or 8uch other eet.ate, if any, .. ia 8lated h~iriith&t. he has full power and lawful right. to convoy ~t.he 8&1116
&8 aforesaid; that the land is free from all encumbrancee except. .. herein otherwiae recit.eCl; that aaid Mortgagor
will make But'h further &IIIIIUranCM II'> pron the a10reuid title to aid land in ..id Mortppe &It may be reuon-
ably required, and that. said Mort.gagor dON hereby fullt-warrant tM title to Mid land, and enry part. theNlOf,
and will defend the orne against. the lawiul claims of all peftoaJ\8 wbc>r2woever. .
PROVIDED ALW A Y8 that if the Mortgagor shall pay unto t.he Mortgagee t.hat certain promiAttory not~, of
which the following ill a 8ubstantial copy, to wit.: · . . -
S 12 I 000.00 Fort Pierce ,Florida.
" March 15 ,19 63.
FOR V A LUF. R F.<:EIYIlD, the undersittned promise(8} to pay to the order of J. S. GLEASON, JR.,
,as Adminiat.rator of VeWaDe' Affairs, an Officer of the
Unit~d Statt'S of Amf'rica, and his 8ucceaeon in IUt'.b offi\le, ... 8Ueh, and his or their usigna, the principal8um of
---------TWELVE THOUSAND AND NO/10o----------------~~I.rs(S12,OOO.OO ),
with int~r('8t. from date at. t.he rate of five & one~ fourth---per CfIIltum (5.... %) per annum on the
unpaid balance until paid. The eaid ~pU and intftl'Nt. shAll be ..ya~ a~ th~ omce of the Loan Ouarant.y
Officer, Veterana Admini8tration Regional <lffice, in ' St. PetersDurg~ nor1da . "or at.auch
othf'r p!ace u the holder may deaipaLe in writing delivered or mailed to u.e debtor~.mont.hly inat.a11~nta of
-----Seventy-One and 91/100-------------------------lJOUara (t n.91 ),
commencing on [he 15th ~y of April , 1963 , and oootiD.iung on tM
15th day of each monLh thereafter UIltil this note ill fully paid, excep~ that, if not 8QOnflr
paid, the tmal payment of principal ano inte~ Ihall be due and payable on the 15th day of
March ,19 88.
Privilege is reserved to prepay at any time, without premium 01' fee, th~ entire indebtedn618 or any part
t.hereof not less than the amount. of one inst.allment, or one hundred dollan (SI00.on), whichever is less. Any
prepayment. made on other t.han an installment due date will not be credited until the next. following in8t.allment
due date. ' '
If any deficiency in t.be payment of any installment under t.hilI note is not made good prior to t.he due date
of the ftf'.xt 8uch in"tallment, the entire principal 8um and accrued intere8t. shall at once become due and ~ay-
able without notice at tbe option of the bolder of thia note. Failure to exerciee this option &hall not. oonatitut.e
a waiver of the right to exerdee the sam~ in t.be event of any 8ubeequent default. In t.be even' of default in th~
pay:nent of this note, and if the same is collected by an attorney at law, the undenoigned hereby agree(8) to
pay all costa of collection, including a reuonable attomey'8 fee.
This note i8 given for purchaae money of real e.tate and is aecured by mortgage to ~ure debt of even
date herewit.h, given and delivered by the unden1igned to paYM on cert.aiu re..l property deecribed therein.
Pre8('ntment, prot("St, and noti~ are heNlby waived.
.../ ~i.___ROnRT__A... _J3H.EI..It_______________ (lEAL]
Robert A, Shell
. __/.1S/. __ _ YEJU.UCB _..M.a._ . SHELL ~ ~ ~ __ ~ _ _ _ __ ~ - (8EA L)
Vernice M. Shell
_____ ___....~n___ __ n_ .____ ____ _~ _ __ _ __ ~ ~ _ __ _ _ _ ~ ~ __ __ _ _ _ _ ~ - (SEA L]
__ __ _ ___~_ _ ___ __ ___ __..__ _ _ ____ _ __ _ _~ _ _ ~ ~ _~ _ ~ ~ _ __ _ _ ~ _ __ ~ ~ _ _ _ (SEAL]
And shall duly, pro:'1Ptly, lUll! fully perfonn, dischBrge, execute, effect., complete, and comply wit.h and
abidl' by each and e\'ery the 8tipulations, agreement.e, condit.ions, and covenant8 of asidpromisaory no~ and
of this mortgage, then this mortgage and the estate hertlby created ahall oeue and be null and void.
The Mortgagor fu;;t.~~r covenanta as folloW1l:
1. That he will pay t.he indebtednees, as hereinbefore provided. Privilege is reeerved to prepay at any time,
without premium or fee, the entire indebtedneas or any part thereof not Ieee than the &mount of one installment,
or one hund~ dollars ($100.00), whichever its Ieee. Any prepa~ent made on other than an installment
due dat~ will not be credited until the next following inst.allmen~ due daLe., '
2. In order more fully to protect t.he aeeurity of this mortgage the MGl'tCagor, together' with, aud in addi-
tion to, the mo~thl'y par,ment8 ~der the ~"!I!~ of the no~ MC~ hereby, on the .inatallment due d8te day of
each month unt.il the SAld note 18 fully paid, will PAY to t!l.e Mortpgee the folloWIng luma: '
(a) A sum equal to the ground renta, if any, next <'ue, plus the promiuma that will next become duo and
payable on policies of fire and othel' h&sard ina'.lrance covering the mortgaged property, plus taxes
and 8.Il8e88menta next due on the mortgaged property (all as 68Umat.ed 11.1 the Mortgagee and of
which the Mortgagor is notmoo) lea alllSuma already paid t.ht'refor divided bl the number of montba
to elapse before one month prior to tlle date ,when suei! ground renta, premlUJD8, t&xea, and ~
ml"nta will become delinquent, 8uch ,,\aM to b4;'held by Mortgape in trust to pay Mid ground retlta,
premiumll, wea, and special uee-menta.' ,
(h) The aggrf'pte of t.he amoun'" payable pursuant to 8ubpangraph (a) and thoee payable on the note
secured h~reby, shall b9 paid in a aingio payment. each month, to be applied to the following itema
in the order 8tated:
(1) ground renta, taxes, a88eIl8meX,lLt, fire, andowr ll...an\ insurance premiums;
(II) interest on t.he note secured herobYi,t.nd .
(III) amortization of the principal of ~ note.. -
Any deficiency in the amount of such aggregate mont~y payment eb&ll1 UfUelIlI made good ~y t.he Mortgagor
prior to the due d!ll.~ of the next sUClh IJ6'y';mentl ~~~ltute an even~ 01 aefault under thiS mo~. At.
Mortgagee'8 option, Mortgagor will pay a 'late Cn&rg1''' not exceeding four per centum (4%) of any lnatall-
ment when paid mol'9 thaD fifteen (15) days af~r the due da.te thereof to cover the extra expen.e involved
in handling delinquent payment.B, but 8uch "la.t.eoba.rKe"aball ~ De p&yable Ol.lt. olthe p~ of any ~e
made to satisfy the indebtedness 8eC\lred hereby, vuleea aucl1 prveeeda are ,lufIlclen~ to Qiacharge the entire.
indebtedne88 and all proper coet.B and 6Xpflnaee lMlCured hereb,.., .
........
3. If the t.otal of the payments made by the Mortgacor under (a) of paragraph 2 preceding ahall ex~ the
amount. of payments 6Ctually made by the Mortgagee, for ground renta, W<!8 and &M8Imftflt.a, and iDfiQI'&DOfl
premiums, as the caso ma.y be. such 6."(06M shall he c~ted on 'S\lbae<luon~ pavmenta Lo be mwe by the M~rt.-
gagor for such items or, at Mort.gagee'. opt.io~,ahtil tie 'ref~~ed t.o Mort<<tcOr. I'. bowenl"; weh monthly
payments sht.ll not 1>6 sufficient to pay 8uch ltema when ~he aame 'chall beCome due and payable, then the
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