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HomeMy WebLinkAbout1963 r - - ' . # `.f w 1 - - ~ • ` To H~.s ~xn ro HoLn ~hs w~ae, ~o~e~hee wich .U ana sin~ul~ chs ceneme~?a,liee~edituw~epta ~ud ~Pue~ y `en~?noe~ fbee+eunto belongiag or ia ~nywus ~?pps~taining~ ~nd$~he revenion ~?c?d raveesions,-refn~i der os rs- ~ mainden, ~nd, ~?bo ~Il the est~te~ rtgfi~, title. Intereat~ homateid~ dowee sad ot dower, separ~ie est~ate, + poMeaaiw~, Rium nnd dera~nd wLateoevac~ a~ ~rel! ia law? ~s in equi~y~ ot W~e snid ortg~gor ia uad b I,he ~a?ed ~ and every p~?rL tbereof, with the appuM~?nunc~s oi tLe s~id Mortg~gor iu wd b the suae, ~nd avery par~ w p~ruel thereoi unto tbe snid Mortg~gee ia tes simple. 1 The Mortgsgor hereby oovehant~s with tt?e Mortg~gee?~ ih~t he is indefea8ibl eeised ot said lwd in !ee 1 s simple or such other est~?teR tt aay as is statad hereu?; tb~t he h~s tull power ~nd l~w ul righL to oonvey ~the ssrae ~ as ~tot+esai3; i~at the laad ~a fne ~rom ~11 encumbri?noos axoep~ ~a herein otherwisa recited; tb~t said MoMgagor ' ~rill m~?he such furtLer ~ssursncee to pcove the dores~id tSde to said l~nd ia e~id Mortgsgee ~s may be reason- ~ ~ ob required, ~nd that ssid Mortgagor does hereby lulty wamnt tbe tiWo to s~?id land, snd every part theceoi, ~ an~witl de[end Lhe aame ~gainst the 1~?wful claima ot aU pereons whomsoever. PROYIDSD ALweYS thst iE t,he Mortg~gor ahsll p~y unto tbe Mortgsqee tha6 certsin promiseory note, oi ~ ~rDich the following is ~ aubst,ential oopy, to wit~ ' i 10, 400.00 FOrt Pf.erce , Fforida. ± February 25 ~ 19 64 ? i FOR VAL~18 REC~IYED~ the undersi~ned promi~e(s) to pi? t~o the order oi . ~ m~ e ' tY?e i.• tr.tor uf vecerws~ Aetairs, .n o~oer oi ctis ' United 3tates of i?nd his suaxseots in suc.h Q~oe~ ~s such. md his or their aesig~s, tbs rinca~ sum ot ~ ,'tTN THOUSANDA~~F ~OO~t S[1NDRSD AND NO/100--------------- Doll~rs :1~, 400.00 + with interes~ irom date at the rste oi f iWe' & one-fourth per oea6um ( 5~ °~o) per snnwa oa the' 1 u~npud balanoe untl paid. The eaid principat and inteer+st ah~ll be p~y~ble aL the o oe of the Loi?n (iuar~aty i O~oer, Veteraas Administrstion Regional O~oe~ in St. Petersburg, Flarids , or at snch i, other plsoe ~s tLe holder muy design~te in vvriting delivered or m~iled to the debtor in monW~lp inst~llmeuts oi ~ F Sixty-two and 33/100--------------------------------tlollars (:62.33 oommeuc~ng on tbe ffrst day of April , 1964 ,~nd co~ntinuing on the ' first day oi each month theredter until this note is fuUY P~, ezcepti t~lu?6, ii not aooner ~ paid, the finsl psyment of principul and int~er+est ahall be due ~nd psyuble on tbe £i~cst d~y ot ~~8x~ch ,198~. Privil 'is reserved to prepay st my time, ~vi~hout pnemium or iee, tbe eat~re indebtedaees or any part 0 ` fhereof noL thaa tbe amount of one inst~llmen or one hunde+ed dollars (=100.00)~ wluehaver is lees. Any ~ prep~yraeat made on otber tL~n an installraent due~ate ~rill not be credited unW the next follo~ring instslianent ; dne date. - If my de6cienay in the payment oi ~ny inatallmea~ under this note ia not made good prior to tbe due date ~ oi the nezt such inaiallment, tLe entira priaGipal snm aad aa•,rued intei+est shall ~t onee beoome due aad Fay- ~ble ~vithouti notioe ~t the option of tbe holder oi this note. Fail~u+e to ~erciee this option ehall not oonst~tute s~raiver oi tLe r;ght to ezercise the s~?e in tLe event oi my subeequent detault. In th~e event of default in tbe P~Yment oi this note, and if tbe same is eollected by aa att,oraey at l~w, tLe underaigned herebY agree(s) to pay aU oosta of oallection, including ~ reaeonable attoraey'e fee. This note is given for purchaee money of real eetate and is secured by mortgsge ~o secure debt of even date henwith, given and delivered by the nndersigned to pi?qee on oertain real praperty described tberein. Preeentment, pmtest, ~?ud notice ara hereby waived. ($15.60 State documentary stampe ~ attached to original note and ~ ~ cance~ed) • [sasL] . Dale R. ~ Mucho~w 8elen~C. Mucha~ [s~+~j [s~?Ll ' ~ isr,~+~j w . And ibaD dul , P~ ~Y. iwd iullY P~ora?, esecute~ eSect, oomp~ets, and oonnply with and abide b~ each ever~~ stiPulations. +g~"eemeuta, condidons, and oovenaats o~ ~aid note and at this mortgsge, then tLis mortg~~ge ~ad the estate Le:+eby created rLall cea~s and bs nnl~ The Mo~rtg~gor furtbec ooveaanta as idb~: ' 1. That Le wiU pay tbe indebtednees, ~s Le~niabefors provided. Priv~ege is re~erved to prep~?Y ~t ~v~, withonti pe~en?ium ~ fes, the entire indebtednees or aay part thereoi not leas t~ban tLe aa~oua~ oi one ins ae aae nvndred dallars (=100.00), wbichever is lees. Aayp~ yme~t made aa otber tLan an inst~allment dns d~te will not be credited ua¢il tba nert fo~owing inst~~imenti dns date. Z. In ordec more filly b p~teaL the secuiity oi this awrtga~e- the M , t~ogether with, and in addi- t~oa~ to, t~e montLl p~~nenb unde~ tLe ~erms oi the note ~ecured hera~y,~ installment due dste d~y ot ~ e~ montb until ~ sud aote is fuUy Paid, will psy to tLe Mortgagee Ws folbwing sums: ~ (a) A sum equal ~o the gro~nd nata, it aa , ne:t due. plus the premium~ tLat w~l a~i beoome de~e aad paysble on policies of fire aad otber~ iasunuce oor tLe pect, ~ and ~neat~ next due on the mo pm~ L wLich the M is notified) leas all s~wns I~Y estimated tbe~M~r ~tgig ~ d oi to e l i b e fo~ ~ mon t h Y P~ therefor di~ded ~ j the nuanber of mont6s . Pse prar to t h e d~te w h e n auch~gmund reata, preauums, tazes, and aeeees- ' menta wiD beoome deliaqueati~ sucL sums to be beld by Mortgagee in trusti to pay s~id ground reats, pnmiums, tiures, ~nd special aeeeosmeuts. ~ (b) Tbe ~te of tbe amownta psyable purauaut to subP+~ragn?Ph and those p~yable on the nots eecured~ereby, shsll be paid ia a siagle PaYmeut e~ch month, to ~e applied to the following items . in the order stated: (I) Sround renta, tates, aeeeasmeats, &+e~ aad othee hasard insuraaoe pe+emiums; (II) interest oa the note ~eeured here6y; aad (III) amortisatioa oi tbe priacipal of eaid note. Aay deHciency in the amaunt ot such agg.regate nwathi7 P~9ment s6aU~ unie~s mads good by tbs Mortgsgor e to tbe due datb of the next such pntyment a~nstitu~e ut eveai oi detanlt uader this mortg~e. .1t 's option, M will pay a'late c~arg~e" not e~oeecU~g four pe~ centum (4%) ot au~ mstall- msnt paid more tJ~teen (lb) days atter the due dats t~hereot to oo~er t6s etera expense m~dved io L~ndlin6~~ uentp~?ymeat~, but wcb "Iate a6aU not bs{~ ayaWs out oI the pnoceeds oi sny ~ale made to satidy t6e indebtedneas recured hereby v~ such psooeedr ~t+e su~e,iant to disclurgs iLe entirs Z indebtedne~s aad sU pruper oorts aad e~pe~nes ~ec~t+ed Lereby. - + 3. It ~e toW ot tJse ps~pmsats made by tl~e Mortga~or under~a) oi paragnph 2 pr+ecedir~g a6ai1 exceed ti,s ; amount ot pa~aneat~ aaLuaU~ made b~ tbe Mortga6», ~or~+ound rent~, tues sad as~esa~nents, u?d ia~surmce ~ ~ premiums~ as tb~s ca~s ma be, sw~ e~oe~s e4a11 be endieed on uent pa~ments to be made b~ tbe Mort- ~agor for wch item~ or, ~Mortgag~ee's opt~ioa, ah~U be retnaded ta . Ii, 6owe~er. such naathly ~ paymeow ~6a11 not bs su~cient to p~~ su~h iteaos when we aame sh~ll me due and P~Yabk. ~heu tbe ~ _ i ~ ~z :p ~z ~ - x:~ -