HomeMy WebLinkAbout1764
; h. 59 ,:.: :361
To lIA VF. AND TO HOJ,D th!' Samfl, ~thrr with all and .ungull\r. the l4\of\Jllrnls, hrre{litamrnts Rnd appur-
tenall(,I'S therrunto lX'lonK'ing or in. anrw~!\t'l apprrtllinin'l(, and the ~rversion I\I~d fl'Hmions, n'lII11indl'f or rr-
maindl'r8, an,i a\so aU the rstatl', ngh..., tltll', mh'.rest, hon~l'sh~al~, I\O\\'I'r and. rlghl of dow~'r, Hl'\lafl\ll' l'~tale,
pO&ll'ilSion ('Iaim al\(l demand whatsoever, &8 wl'll 11\ law as 11\ l'<}lIIty, of till' ~alll ~torl~a~of III a!1I 10 I hl' 'ltlllle,
and rY!'n.'pl\rt thl'rL'Of, with th(l appurtl'lll\nl't'S of tl\(\ SRitl ~tort~lt~or in anti to the :-lalllt~, IUHIl'\'l'ry ptlrl 1\1\11
paITrl th.l'reof unto the said M(lrl.g>"t~ in fel' 8impll',
The Mortgagor hl'rl'b~ COVl'nlm~S with till' ~tortgagl't" IllItl Ill' is inlll'fl'llSih\y sl'.ized of stlid Illntl in fee
simpll' or su('h other est,at{',. If any, a..~ IS statNI hen'lIl j tlillt hr Ims full p~,wl'r aud !t\wtlll. right to l'on ~'l'Y thl' Slimo
a..~ aforrsaid tllltt tl\(lland 18 frrl' from all (lnc\lmbran(,I'8 eXl'('pt as ht'rl'1Il otherw!!l'" n"'lted; thal stud ~t(\rt~l\gor
will make 81;('h furthrr 8.S8uran('('S to proVl' the aforl'8Ilid title W 8ai,llanll in !laill ~torlgl\~l'l' as IIII\Y Ill' fl'1lS01l-
ably rrquired, and t.hat said Mortgagor dOf'S I\('~('hy f'Jlly Wllrrllnt thr t~~11' to sl\illland. I\nd eHf,\' part lhrrt'of,
a1'<1 will tlt'frnd the 8ame against, the lawful dlU018 of ,,1\ pt'l"'dOns whomso~'vl'r.
PROVID.:D ALw.\Y8 that if the ~tortgllgor shl\ll pay IInto thl' ~torlgag('r thl\t I'Ntl\in Jlrolllissor~' nOll', of
whirh the following is a aubstantial ('oPY', to wit:
$ 10,600.00 Fort Pierce I Florida.
March 25 ,19 63,
FOR V AMI); R.:CEIVF.D, thr undrr8i!{T1CO promi!<<'(8) to pay to th., ororr of J. S. GLEASON, JR.,
, a.~ Admini~trl\tor of Vrtl'rtlnS' Affairs, an Offi('l'r of thr
lTnitl'd SlI\tl'S of Amrrica, and his RII(,I'I'!\"~ors in SlIl'h offi('c, a..~ SlIl'h, and his or thl'ir I\S.'li~lS, thr prin('ipl\l slim of
----Ten.. Thousand Six Hundred and NO/100----------J)oijl\rs ($10 600 00 ),
,,;th intercst from dat-E" at. tt.l' rat~ or five & Qne- four th pl'r I'l'nt Ulll (5t %) 1H'r' annuli\ on I hI'
unpaid halance until paid. The said prmcipaland mtl'rt'.'ll IIhall1)(' paYl\ble at thl' offin' of thl' Loan fillarl\nty
OffiCN, Vetrrans Administration RI'~onl\l OfficI', in St. Petersburg F1Qrid~ ,or al Sill'\.
othrr place 1\8 tl\(\ hol<lrr may drsignate in writing drlivered or mailrll to ~ll' 111'I>tor, IIllll0nthly instl\lll\H'nts of
----Sixtv-Three ~d 53/100----------------------- Dolll\rs ($ 61. S3 ),
comm~nclllg orr"thl':l5 dayof ril ,1963, and confinllll\g 01\ lhe
25th day 0 pa('h month thl'rcaftt'r untill}l?i!l notl' is fully pl\id, I'x(,l'pt thill, if not ;;ool\rr
paid, the final payml'nt of prinripal and intNest. shall be due and payable on thr 25th oayof
March , 19 88.
Pri\'ill'gtl is r('8('rvNl to prl'pl\Y at any timr, without prl'millm or fl'r, thr l'nlire inlh'htl'lhll'ss or any pl\rt
thrrpof not 11'88 than thl' amount of (lnr instl\lInll'nt, or onp hundrrd dollars ($100.00), whirhp\'l'r is II's..,. Any
prcpayment made on othl'r thl\n an installmrnt dlw dalt' will not hI' <'rl'ditl't1l1l1lillhl' I1I'Xt following' il\sl>\IlI\H'nt
due dl\tr.
If any defirirncy in thr pl\YlJlrnt of I\ny instalhurnt undrr this not I' i~ not Illadl' ~ood prior 10 Ihl' dill' dal{'
of thr nrxt SUell instl\lhurnt, tfH' I'utire prinl'ipl\l slim and a('{TI\('I! inh'n'st shall al 01\('1' 11l'I'OIlH' dill' Ilntl pay-
abl(' without notil'e at thr option of the holtll'r of this note. Fl\ilure to I'xNl'isr this option shall not l'onslilllte
a waiv('r of thr right to l'x!'r('isr th(' same in the l'Vl'nt of any SUbSNIIIl'nt llt'fIlUIt. In thl' ('nnt of Ill'falllt il! thl'
pa)'nwnt of this not(', and if thr sl\mp is colle('tl'd by an attorney I\t Il\w, thr IIndrrsiKOl'd hl'rl'by agn'ds) to
pay all ros!!; of co\lpction, inclllding a r('a..~(mablr attorney's frr,
This notl' is glv('n for purch6S(, monl'Y of rral l'state and is sl'l'urrd by I!lort~agr to Sl'l'lIll' d('bl of l'\'l'n
date herl'with, ginn and drliverrd by the undl'rsigTll'd to payre on l'rrlain wl\l propl'rty dl'seribl'd thl'rt'in.
Presl'ntml'nt, prolt'.'lt, I\nd notil'r are IWi'f'hy wai VNI.
I:?/F.RANK.,ANGELO FRl\..NGELLA.
Frank Angelo Frangella
Is/, PRISCILLA FRANGELLA
Priscilla Frangella
Ist:u)
[Ht:\ LJ
[st:\L)
IHt;\ LJ
And shall duly, prOm\llly, 1\ III I f \Illy pt'rlorm, dis('h I\r~I', eXl'I'lIlt., l'ff l'l't, I'om pld I', I\n,1 ('(111\ pl.\' wi I h 1\ III I
abidl' by I'l\ch and l'\"('ry t w slipllllilionB, ll~n'l'ml'nls, condilions, twd ('o\'l'nanI8 of sl\itlllrOlllis..,ory not~' al1l1
of this mortgagl', then this mortgagl' I\nd thl' l'statl' Ill'n,by ('rrated shall ('el\8{' and be nul al1ll \'oi,L
Thl' Mortga~or furth('r COVl'nants 1\8 follows:
1. Thl\t hI' will pay the indl'btt'dnrs..~, 1\8 hl'rpinhpfore providrd. Pri\'ilrge is n'served to prrpl\Y at an\' timr,
v. ithout prrmium or fl'l', the entirp indrhtednl'R!l or any part th.'rl'of nollrss than the ,,-mount of onr instllfll\ll'l\t,
or onr hundr('d dollar8 ($100.00), whichrver is 1f'S..~. Any pn'(ll\yml'nt made on other tban an in~ll\llllwllt
due tlatl' will not b(' credited until the next following installment dlle date.
2. In ordrr more fully to proh'('t tll(' .'leeurity of this mortga~r, thl' ~1ortgl\gor, togl,ther with, and in addi-
tion to, tll(' monthly pl\ymrnls undl'r thr temls of thr noli' s{'I'lIrrd lwrehv, on tll(' installment dul' datp III\Y of
l'8rh lIlonth until thr said note is fully paid, will pay to tl\/' ~10rtgage(' tlJ(' following sums:
(a) A sum cqual to till' ground rents, if any, next dut', phl.'l the prrmiums lhat "ill next hel'ollle dill' and
payahll' on policies of fire and othrr hl\zard insuranl.l' cO\"l'rin~ till' morlgage'll propl'rly, p!IIS ll\Xl'S
al1l! aM8t'SSmentl:1 next due on the mortgaF:rd ,')roperty (!\II liS t'stimatrd by the ~torl~l\gl'l' I\llll of
which thl' Mortgagor is notified) Il'sS all slims 1\ rl'fidy pl\id tlwrt'for divid('ll b~' thr nllmhrr oj I!lonlhs
to r1apse hl'fore onl' month prior to the dat~ when 811ch ground rpnts, pr!'mlllms, tl\Xl'S, I\nd lIs...,l's.s-
lI1('nl8 "ill become drlinqurnt, surh sums to be hpld by ~fortgl\r,N' in trust to pay sail! grollllti rt'lltS,
pn'lIIiullls, taxes, I\nd spI'(',ial &S8Cssmpnts.
(b) The I\ggrrg"ate of the amounts payabll' pU~lIant to subparagraph (a) I\IHI thosr pa)'lIhll' on thl' note
Bl'ellrl'd lwrcby, shall he paid in a single payml'nt ea('h month, to be applil'd to Ihr following items
in the order statl'd:
(1) gp)\md rents, tax{'8, 1\88{'s..,,"wnts, firr, anll othrr hazard insure.nc(' pr(':lIiUIIU;;
(II) interpst on thr note sl'('urt'd hi.'rehy; and
(III) amortization of the principal of said note.
Any drficif'llcy in the amount of such ~rl'gl\t(' monthly paympnt .'lhall, unle~.'l mad!' good by 111l' ~forl~lI~or
priof to till' due date of the next such paymenl, eonslitllll' an l'vent of dl>falllt undrr this 1II0rlgllgl'. At
Mortgagl'e's option, M~rtgllgor will pay a "late charge" not eXl'ecding fOllr prr Cl'ntllm (-1%) of all~: inslall-
ment whrn pllld more tUan fiftl'cn (15) days after the dul' date thereof to cover the l'xt rn I'xpl'nse lIl\'olYl'd
in handling dPlinqurnt payments, but sueh "lo1te charge" shall not be payable Ollt of Ihe prorerd'l of any sale
made to sati'lfy the indebt('dness Becured hereby, unless such ""oceeds are sufficiellt to disdlBrgl' thl' rnlire
indehtedness and all proper costs anu eXpen!lC8 secured bereby_
3. If thr tolal of thr payments madl' by thr Mortgagor undl'r (a) of pnrngmph 2 \Ht'ct'dillg shnll I'X('I't'd the
amount of paYlJlents actually madp hy the 1vtortgagpe, for ground [('111'1, tnx('S and nS';I'SSlllel\ts, and lIISUrallCf'
premiums, 1\8 the Cll.."Ie may be, sueh ex<:e:"s shall be credill'd 0/\ subsl'lJl!l'nt payml'lIl'llo 1)(' mnde by Ihr ~forl-
gagor f<)r such itrms or, at MortgagfW's option, shall be refunded to Mortgagor, If, howt'VPf, s\l~h 1I10/\t hly
payments 8hall not be suffici{'nt to pay such items whe/\ the Sllme shall become due alld paynbll', tlH'II tlil'