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Home My WebLink About0109 i r~ TO HA~S ANO TO HOLD ~ M1D0~ Lo~ether with aU and singui~ t~?e ieaeiaent~, hereditameab and'nppur~ , 4~~, t tenanae~ thereunto balo n g i a g or in. ~ q y w a s a p p ertain i n g, ~ad t,he revenion ~?nd rovecsions, remaindet or re- ' ~ mi?iadeis, ~nd ~lw i?U the est~te. nght~ title. u~t~e~es~~ lwmeatsad. dawu and ri t ot dower~ sepsr~?te eetate~ I ' po~eeasion~ cJuim u?d demand ~rh~tsoever. v weU in law i?s ia equity~ oi 1~ said ~ortgsgor in and to the same f ~ and•every pur~ t,hereoi, with the ~ppurt,easnces ot tbe said Mors,g~gor in sad b the eame, and every pu~.n~ , i parcel thereof unto the s~?id Mortgsg~ee in fee simple. ~ The Mortgagor bereby oovenaat$ with the Mortg~gee~ 1.hst he is iadete•aibly sei~d ot eaid land in fee ' simple or such ocher esu~e, ~i any ~s is ataLed herein; th-at, he hi?a futl power and tawiul righ6 to aonvop ~the a~une ~ aa doresaid; that the land is free from all encucnbrances except es herein ot~6erwise recited; t~s~ said Mortgagor will m~ke auch iurther aesun?nces b pmve the aforcaaid w~le Lo eaid lsnd in s~id Morl,gagce as msy be reason- ' -~y ablyrequired~ ~nd thst said Mortgsgor does hereby tuUy wurant U?e title to said land~ and every part the~oof, j and ~rill detend the ssme against the lawfut clsima of sll pe~one whomsoever. ~ Paovtnsu AL~?eYS thw6 it the Mortgagc~r shsll pay unto the Mortgagee tha6 certsin promiasory note, oi ; which the following ia a substeutial oopy, to wit: . ~ = 9, 954. 00 Fort P ierce ~ Florids , ; Janvary 17ttti 19 64. ~ FOA VALUA RBCEIYED~ the undersi~ed proraiee(s) to pay to tbe order of J. S. Gleason, = JY'. , , sa Administr~tor oi Vetersns' At[aira, sn O~'icxr ot tde United 3t~tea oi Americi? nnd his eucceaeore in suah otl'ioe us su and his or their aesigna~ the principsl swa oi . N.- ~ tbo and niaa ~rad Pif ty snd' No~1b0 Do lar~ (s g 9~0. 00 • wi~~nterest~rom date s~ the »te oi Five-one hal# per oantum ( S ~Jo) per ennum on the - u~n~paid balmce unW paid, 19ie ssid princi~p~a~l and inte~rst ahsll be able at the o~co of the Losn Glusrsnty : ~ O~cer, Veterana Adminiatration Regional O~oe, in ~ or at auch other place es the holder designate in writeng delivered or m~?iled to tbe debtor in montLl ~lment8 oi Fif ty e ix et~d 50~00 ~ollars (s u commencang oi~ the lst de?y oi Ma~'Ch , 19 64 , and conti.auing on the l~t dsy of each month tt?ereafter until thi,s note ia fully paid, eacept thst, if not sooner ~ ; paid, the 6na1 psymea6 oi principal snd inter~t ehall be due and payable on the let day of ; . ge~b~a , ~994 . .~t`~ ~ is reeerved to prepay at any time, without premium or fee, the entire indebtednees or any part , thereoi not ess th~n the unount, of one installment, or one huadred dollara (=100.00)~ whichever ie less. AAy prep~ymeat made on other thsn an iuetallment due dste wiU not be credited unt•il the next following inatallment 1~~ due dste. ~ If an deficienc in the s ent of raa y y pym y iostallment under this note is not made good prior to the dua dste r: of the nezt such installment~ the entire pnacipat aum and ac~:rued int~ec+eat ahall at onoe beoome due and Fay- 1:~ ~ able without notioe st fhe optaon of the Lolder of tLia note. Failure to exam.iee tl?is option ahsll not oonatttute s~~ s w?sive-r ot the right to e~ercise tLe same in the event oi enp subeequent default, In the event of defsult in tLe psyment of t6ia note, and ii tLe saune is eollected by aa attorney st Iaw~ the underaigned hereby agree(s) to p~y sll c~ta of collection, including a reasonsble attorney's iee. This note is given for purchaae money of real estate and is eecured by mortgage to eecure debt oi even dnte herewitL, given snd delivered by the undersigned to payee on certein real pmperty deacribed tLerein. , Preaentment, pmtest~ snd not•ice are herPby waived. ~ i - - 1 (State Documenta St a ~ ~ ' r~? a~P o%-fe~rg+a_~.__1lickel [~g~L~ ~ af f ixed to origfnal note George J. Nickel ~~a- ~ and cancelled. ) - (e~?~ ' ~ ~ -i_ i •I--F.~~~he~t4_ 4!~ _ ~'1i~~e_1 (asnL~ ~ Eli~abetb A. Nickel i ~ ~BS/?L~ ? And shall dulY, Promptiy, and fully pectorm~ di~chu~g~e, execute~ e~ect, complete, and aomply with and y abide by each and every ~the stipulatione~ agreemea?ta, condiUons, and oovenants of said~promieaory note and - of tbis mortgage, then tbie mortgage snd tLe estate hereby created ahall ceaee and be null and void. The Mortgsgor iurtLer coveaante ~s followa: ~ 1. Thst he will p~y the indebtednees~ ae hereinbefore pmvided. Privitege ia reaerved to prep~y ~t anp time, - ' without premiuin or fee, the entire indebtednees or any part thereoi not lees t.6an the amouat of one vnstallment, or one Lundred doDara (i100.00), wLichever is leea. Any p~renaymeut made on otLer thaa an iwst,allment ~ f~: due date will not be credited unta the nezt following inatsllment due date. 2. In order more fuUy to protect the security of this mortgage the Mortga~c?r,,tog~ether with, end ia sddi- ; tion to, the monthi~r psyments under the terms af tbe note eecure~ hereby, oa the inatallmeat due date dey oi ' e~h month until t~?e aaad note is fuUy paid, will pay to tLe Mortgagee We following suma: - ; (s) A sam eqnal to the ground renta, if anp, nea6~ due, plus the premiums thst will nest become due and - ~ psqable on policiea of ~re aud other hazard inaurance oov tLe morg ; ering t aged Pm~perty~ Ptua tszes and aeseasments nea~t due on tbe mortgag~ed property (all as estimated-by the Mortgagee and of j wfiich the Mortgagor is notified) leas aU suina elready pa~d therefor divided bp the nu~ber of months ! to elspee before one month prior to the date when such~ground renfs~ premiums, ta~ces, aud a,~ss_ ~ ! ments will beoome delinquent, such suma to be held by Mortgagee in trust to pay ssid ground rents. ~ , premiume, t~es, snd apecial a~ssments. j (b) Thea~rnga te of the smounte payable pursusnt to aubparagraph and thoee payabie on the nots I aecured Lereby, shall be paid in a szngle psyment each month, to be applied to the foUowing items - ' in the order atated: - } • (I) Sround rente, taiee, aasea~nents, fire, and other hi?sard inauru?ce premiuans; - ~ (II) intere4t on t1?e aote ~ocured hereby; wd i (III) amortisaUoa ot tLe principal oi said aote. . Aay deficiency in the smount o! such sggregat,e monthly p~yment sh~ll unlese made good by tbe Mortg~agor ~ pr~ar to t6e due dat~ of the next suc6 pa~ a nent oonatitute-an event o~ default'under this mo rt g s g e. At ; M o c t g a g e e's option, Mo r t g a g o r will pay a•late c~~ r g e•, not etoeeding four per centum (4%) of say instRll- ~ men t w b e n pst d more t h s n b t,eea (1 5) days aite~ the due dats tbereof to oover tLe e~t,ra expense involved , in baadling de uen~tp~y~nenta~ but such "lsta c~~ " ahaU not bspayable out ot the pmceeda of any sale - made to sstiefy t,be indebtedness secured hereby, unfees such pmceeds are su~aiant to diech~rge the entirs ; indebtednees and sU pmper costa aqd ezpeoses eecured hereby. F:;~ , 3. It the total of tl~e aym ents mada b tl~e Mo amount of p y KB~r under (t) ot par~gr~ph 2 preceding shall exceed tue . p~ymeats actually made by fhe Mortgagee, or ground rents. tu~ca and aaseasments~ and inaursnoe pramiua~s, as tha c~e mn~ be, such atcess shall be credited on a~eat paymer~ts w be msda by tbe Mort- ; M:~ , gagor for such items or, at Mortgagee's option, ahall be refunded to o r t g s~r. It~ howe~er, such moatWy - ~ payments ebaU noti be su~cient to pay such items when ~Ue ssone ehall b e ma due ~?nd psyable, then the • - - Q. ~i.~ - •'y . . g~?~~K r•eeE~~~ ~ ; - - -