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HomeMy WebLinkAbout0271 i . - - ~ 4 • _ , t ~ ~ To H~~s ~xo ~ro Soi.o tAs ~ams~ to~sU~er with ~il aad w~ulae tbs te~ea~eata~ hseeditaanenw aad appur. t- t~sna~ces thersunto beloapu~ or in aqyw~sap AertajninQ~ aad ths reveesion snd revaesioas~ rem~indec or rs- tnaiaden, ~nd ala all tbs atats~ righ~, f+tle~ Interea~, homestead~ dower ~ad ~ ot dower~ ~epan?te eat~te~ ! poMasion, cl~ina i?nd dsmand wb~t~osver~ a~ weU ia bw as ia equity. oi t~ W?id~o~tgugor ia aad to ths saaae ; snd every put~ tbereof~ with t~e ~ppune~?iu?~s o~f i~ie ~id h~ar3g~g~~ i~ ~ tA t~ ~rga~ a~~ ~ pamal theseoi unto the aaid Mortgagee in tee simple. { The Mortgag~or hereby oovenants with the Mor~, th~t hs i~ indefeasibl y~ eeised of said land in fes ' simple or such other estatet ~i any aa is stated herein; th~~ e has fuU power and lawtul r' ht to oonvop ~the same ~ ~ ~s atoresaid; that the land ~s ft~ee ~rom a!I eacumbranooa exoept ~s he~+ein otherwise e+aci~; tbat said Mortgagor ~ ; will make auch further assurancee to prove tbe ~toreaaid u~le to si?id l~nd in si?id Mortgagee ~a m~y be reaeon_ ~ ; ablynq uired, i?nd that eaid Mortg~gor dces hereby fully wuraat the uVe to said land~ and every pi?rt thereoi ~ and ~viU detend the s~nae agaiuat the t~wtul cl~ir,ns of ~Il pereons whomeoever. ~ Y~ ~ PROVIDS~D AL~I/AYd ~lt~ lf LA8 MOtf$BgOt 82111U pa31 UAEO E~ MOifgs(~!!8 u1L` OElf~ilA ~lOll'11880fy IIOIA~ oi ~ which the following is a aubstanti~l copy, to wit: . i8, 850.00 Fort Pierce , F1orid~, : Janusry 2~,19 64 . ' Foa VeLVS Racsivaa, the underai~ned pmmise(e) to pa to the order of ; - the ~ar A~miniatr~tor of Veteraae' Affairs, an OR'ioer oi the W 3 oi Am ca~ d his su in u h olTice such ~ his or their ~esigns, the sI s of ~ ~'~g~t ou$an~'' $~~t au~'~ F$~ty ~i~ xo~i`~b------ nou~~ t: e~;~~'$. o~" ~ ~ with interea~ trom date ati the rate oi f ive and one-foutt2~per centum ( S~ ~Jo) per annum oa the ~ u~n~u d balmce until paid. T6e s~id principal ~?ud intereet shAll be p~yabla at the oific~ of the Loan Quarat?ty O~'icer. Veterws Adminiatration Regional O~oe~nia St. Petersbur , Florid~t ~ or at auch ' ot~her pluce ~?s the hotder tn~y d' ate in writing delivered or m~iled to debtor in mont}ily instsllmenta ot Fifty three and 04/10~-------------------------- ' ~ollars (i 53.04 1 oominencing on tbe first d~y oi Mareh 1964 . and oontinuing on the ~ ~ first day oi each month theresiter wntil thia note is fully p~id, exoept that, if not eooner ~ paid, tbe 8na1 payment oi princip al and interest ahaU be due and paysble on t6e firat d~y oi * February , 19 89 . Privilege ie reeerved to prep~y ~t any time, without premium or fee, tha entire indebtednees or sny pu~ thereof not leee than t6e a~?ount of one inatallment or one hundred dollans (=100.00) ~~vhichever is leas. Any ~ prepayment made oa otber than sn inet~allment due date will not be credited until t6e neu~ following inatallment due date. If any deficiency in tbe payment of any inst,~llment under this note is aot made good prior to tha due d~te ' oi tbe nezt such installment, t6e entire pri~acipal sum and ~a:rued interea~ ah~ll at once beoome due aad ~ay- abls without nctioe at t~Le option oi the Lold~r of this note. Failure to eze~rci~s tbis op4on aLall not oons4tute a~ ~ • waivez of the right to exerci~e the ~ame in the eveat oi ~?uy ~ubsequent detault. In t4e event oi default in the ~4 p~yment oi tbi~ note~ and ii the ~ams is ooUected by an ~ttorney at l~w~ the uadarsi~nned hereby agree(s) to + p~y atl oata of coIIection, induding ~ re~sonable attorney'~ fee. 4~:;~. , This note is given for purchase monsy of real eetate and ii ~ecurad by mortgags to secure deb~ of evm ~:T; ~ date herewit~h~ given and deliverad by the undeisigned to p~?yee on oert~?in real property de~cribed thereia. + Pre~eatiaent. protest~ snd notica are hereby ~raived. i ($13.35 State documentary stamps i attached to original note and /s/ PAUL 13. STEWART ~r ~ cancelled. ) ~'auI"'L~:"'~tewa"r~-------__...~__.------•--- [sanr.] : ` . /s/ MARILYN STSWART V 1Ka"riI"yii "'~tewa'rf---------------•--------•-- [e~?~l fsg,~Ll a~y . [ssr?L~ . a: + And ahall d~ P~p~Y, t~7 P~~, ~?i*6'e~ execute. eHect, oomplets~ and oomply with and a~?ide by eacL ~ev tbs st~pu]at,io~ns, s~reeJaeah, ooadit,ion~, wd oovea~nb oi ~aid~ note and ea n p~m~o ~ oi thi~ mortgag~e, tLan ' mort~ags and ths atate hsrsby a~sated aLall cea~s ~nd bs null ~nd vo'~ ~ The Mortgagor iur~Lez oo~e~aut~ ~ followr: s. 1. Tha~ he rrill pay tLe indebtedaeM, as hereinbsiore pro~ided. PrI u re~erved to rs ~t ~n ; z: ~ P P~Y Y ~ - - ~ wiL6oat premium or ~ee, t~?e entire indebtedaer or aq~ part thereoi noL ler the amount oi ons inataUmsnt~ r ~ o~ one huadred dollus (=100.00), w h i c h ever is lee~. A n y prep~ymeat mads on otber th~a ~a inst,allment E. ~ due date ~vill not be credited uatil the next following in~tvlmen~ due d~te. ; 2. In order more fully to protect the security of Wiis mortga~e ths Mortga~r, togetLer with, snd in ~ddi- ; tion to, the monthly paymenta under t~e terms of tha note eecure~ hereby, on iLe inst~allment due date day of ' A~ { each month until tha ea~d nate is i~illy paid, will psy to the Mortgagee as trustee (under tha terms oi this 3 trust as hereinsfter stated) the followiag sums: ~ A sum equal to tbe ground rents~ it anY, ne~ct~ due, plus the premiums that will nbst beoome due ~nd payable on policies of fire and other Lasard insuraace oove~riag the mo aged property, plus taze~ ~ and ~seeasments neut due on the mort8ag~d proP~e~'tY (aU ~s esLi.anited~~+ tLe Mortgagee and of wbich the Mortgagor is aotified) le~s all sums already pud theraior di~ided bp t6e number of montbs - to eiapee before ona month prior to tha dat~e when such~ground renb, premuums, taaes~ and seaees_ ments will become delinqueat, such sums to be held by Mortg~gee in trnati to p~y eaid ground reuta, - premiums, ta~ree, snd special asse~naenta. ~ _(b) Theaggreg~te oi t,be smounta payable pursuwt to ~ubparagi~~ph and thoee p~yable on the nots - i , aecured hereby, a6r~111 be paid ia s aingte p~yment each montb~ to be applied to the follawing it,ems ' in the order stated: ; . , (I) ground reats, La~es, aesessraenta, Sre, and other 6asard inaurance premiums; ~ (II) intereet on the note ~ecured hereby; and , (III) amortis~tion oi the principsl of said note. - ~ ~ An~ de6ciency in the amount oi such aggregate monWily paywent sball un1eN made good by the Mortgagor ~ p r i o r to the due clnta oi the neri such p a l y menL oonstitute an event o~ deisulL under t h ~ s m o r t g a g e. A t ~ M 's optioa~ M willpa w`Lte c~ a r g e" not ezoeeding tour per ceatum (4%) of any iastall- xa ~ iasn~ pud mors tl~teea (lb~d~y~a after t~?e due dats thereot to co~er the e:tn espenee involved ~ ia bandling delinquen~tpayments, but aucb "Lte charge" s6sll not bepayab{s~out oI the proceeds of any sale : ~ made to satisfy the indebtedneas ~cuced hereby, unless such prnceeds ars w~cient ~o disch~rge LLe eatir0 ~ indebtedae~s and all pmper costa wd e~spe,nsee eecured hereby. ' 3. It the total ot tha ps~yments made by t~he Mortgagor under (a) ot p~rsgraph 2 preceding shall ezceed the •J r~ ; amouat oi payments ~ctuaUp made by the Mortgagee~ sa trustee for ground rents, tues and asaeesments, ~nd 4~_ ~ ineurance pt~ennuuns, as tha case may be, suc6 excees eh~11 be credited oa subsequent payments to be made , by tbe Mortgagt?r for auch itenne or~ at Mortgsgee's option, as truatee s6aU be retunded to Mortgagor. If, I horvever, such -montbly~payments ah~ll not be su~cient to psy such items ~?hen the same ahall beoome due b o0 ~ and payable, then the Mortgagur shaU pay to the Mortgagee ss truatee any amount make. - ; aD~K ? FdG~~~ Y ~ .