HomeMy WebLinkAbout2280 To Hs.s ~rro ro Ho~ chs s.ma ~o~e~ wi~h all .nd.i,~gul~e ~he t«,e~aanta~ hersdit~inants ~ad ~ppue~- '
~en~~oea ~hee+eunto beloagiAg or ia,~uyrwas appert~tnir?6, ~ad the csvenioa and rsvKdoas, rsnuindee or rs-
aaaiaders, and ~Iso all the esta?te~ reghi, title~ urterest~ homestead, dower and ot dowee, sepan?te eatat,e, ~
poaeeeaion~ c1~im ~ad deaiand wh~tsoever~ Y MeU lII ~N t! 111 eQui~y, ot tha said ortg~gor in ~nd to thssame, ~
•nd ~+very p~rt thRreof, with the sppurtenar?oes oi We sud Mortgagor in and to the same. and every p~r~ and
parcel ti?en+ot unto tbe s~id Mortgeges in tee wapta
The Mortgag~or hereby oovenants with t,ho Mortgsgee, ~hat he is indefeasib~ saised ot said land ia fes
simple or such other estste. if any as is statad herein; that he has iult powar and l~w ul right ~o oouvop ~the suae
as aforesaid; tLst tbe land is fe+ae ~mm all eacumbranoos excapt ~s hareia otberwise e+eeited; fLat said Morigagat
~riU make auch fuKher ~asur+~nces to prova the aforoeaid tit]e to s~id land in s~?id Mort{~~gee as m~~ be reason-
~ ub~yrequired. wd thst s~id Mortg~gor does hereby t~ wamnt the tiVe to si?id li?ud, and every p~rt thereoi,
~ u?d ~riU delend the aame sgaina~ t~he lawf ul cl~?ima of pe~ons who~nsoever. ~
Piwv~asa ALw~xa thsti ii tLe Mortgagor shall pay unto t~he Mortgagee th~L cerf~in promiseory note. o~
~rhich tha following is a subatsntial oopy~ tio ~?it: e~
~ i 9, 800.00 Fort Pierce ~ Fbrid..
- March 3 .1964 >
FOR VALIIR RECSIYED~ the undersi~nod promise(s) to t0 ~4 4~~ Ot
the ~~~ministratar ai Vets:.~s' l.8~in, an Offioer oi tLe
United 3tatea oi Americw~ and his suoceeeors ia sucl? office. ~e such. aad his or their asaigns. t6e princip~l snm of
NS TSOUSAND EIGHT SiTNDRED AND NO/100-------------~~~ (i 9, 800.00
rn~ interest from dste at the rste oi f ive & one-fOUrth pet oentum ( Sa °yo). P~' ~ t~ ~
un aid balance uuta'1 paid. The s~?id princ~'pal at?d inta~n+st ah~ll be p~?yaWe ~?L the offiee oi t~?e Losn Gtuarant
~oer, Veterans Adminis4~tion Regional O~oe, in St. Petersburg. Rlorida ~ or ~t su~
` oF
fty igh tandn73/le
pp ate w ant~ag deL~vered o:mWed to t,he debtor~n~=
S8i llments ~
oommencang on t~e f~rs dsy o~ Aprf 1 . 19~C4, ~nd oontinuing on tLe
f icst day of each month there~fter unt~ tlus note is fuUy p+?id, first~' ~~t .
paid. the final payment oi principai and int~erest shall be due and payable on tbe y
March ~ 19 89
Privilege ia rEeerved to prepsy at any tima, ~rifhout premium or fee, tbe eatire iadebtedpees or ~n7 P~
tbereof not lees than the amoun~ of one inatallment~ or one huadebd dollars (i100.00), ~hichever is lees. Aa~
prepayaaent raade on otber ths~ ~n inat,allment dua date ~?ill not be cndited until tha ne~ct tollowing inst~sUment
due date. •
It my daficiency ie th~e psyment of any installmen~ under this note is not made good prioc to t6e due date
oi the next such instsllmenti, the ent,ire principal sum and aaxued iatee~est shall onoe beoome due ~nd ~?ay-
able ~vit6out notace st the option of the holder of this note. Failure to esercise tLis option ahall not oons4tut~e
a~ruver of t6e right to exercise the aame in the eveut oi any subeequent dafaul~. Ia the eveati ot detsult in tLe
~ payment oi this note, and if the aame is oollected by an attorney at low,'the undersigaed herebY agree(s) t~o
pay all oosts oi oollection, including s reasonable attorney's fee.
This note is given for purc6sse money of real estste and is secured by mortgage to ~ecure debt oi even
date here~rit~, givea and-~elivered by the underai~?ed to payee on oertain reai P~P~7 desc~abed ~herein.
Preeentment, proteat. ~nd notice ~+e hereby ~raived. ~
($14.70 State documentary stampe
attached to oriqinal note . and N~~~..~_____ [sa~L
~ cancelled) --r~~~~--A-•-CDtt1~_ ]
George A. Couden
. _1~/_~~ a-en [s~?a
~ ts~?Ll
~ [s~?~
And shaII dulY. P~p~Y. and fully pertorm. di~churger, ezecute, e8ect, oumplet~e, and eomp~y with aad
sbidc b~ esch and ever~ ~the avpuLtions, agreements, oonditions, and ooveaants of said note and
of tbis mortgage, thea tLis m~urtgage e~ad tbe est~te hereby cre~ted shall oeass and bs n and ~o'
1Le Mortgagor further aoven:ats as follo~rs:
1. Thst be wiD psy the indabtedness, as hereinbefore ~+ovided. Ptia1ege is reeened to pr~7 at anI ~t~ane,
witbout premium or fee, the eatire indebtednees or aay parr thee+eof not less tLaa the amuunt of oae inswlmant,
oe one hundred dollats (i100.00), wr}ucLever is less. Any prepayme~t made on otLee tban an inatallm~L
- dne dste will not be credited until the nezt follo~ving inatallmeat due d~te.
F 2. In order more fully to protect the security of this mortga~e tLe I1~o , toB'ather with, ~nd in addH
tion to, tha montLl psyments under tLe terma of the note eecure~ herob~',~ inat~aliment dw d~te da~ of
each month until ~ esid note is fully paid, ~vill psy to the Mortgagee tbe following sums:
(s) A sum equal to the ground rents, it anp, ne~t_ due, plus the premiums tbat w11 ne:t beoome due and
F paysble on policiea of fire and otber h~s~M inaunaoe oov the m~ prop~ty, ns taxes
, and aseeeements next due on the mortBag~ed pmP~e*ty (a11~as
estemsted~the Msrtg~e aad of
~ wLich tLe Mortgagor is notified) lees all sums already paid tLerefor divided ~l ths nnmber oi months
` to el~pee before one month prior to tbe dste ~rhen auch~ground rents, P~~, and assees-
' meats will beoome delinquent, such suma to be held by Mortgagee in tnist to psy said ground rents,
; pnmiums, tw~res, and special aseeesmeats.
~ (b) T'heaggreg~te oi the amounta psy~ble punuant to wbparagraph ~a) and thoss p~yable on the nots
secured hereby, ahall be paid in a eingle p~yment each month, to be applied to tbe folbweng items
in t,he order ststed:
he
~ (I) Smnnd renta~ t~ses, ~ssesauieats, fire, aad`ot~her hasard insuraaoe premiums;
~ (II) iaterest on tLe note secured hereby; ~d ~
° (~II) amortisation oi t~e principal of said note. -
: • An~ deficieacy in the amount oi such aggregate monthl7 PnYa?ent sbaD unle~s made good b~ ibs Mor~6~B«'
' rior to the due dst~ of the nezt suc6 pa1yment constitu~e sn e~eat o~ default nnder tLis moetg~s. At ~
~ ~~~g~ , ~or • " not ezoeedi four per centuan (4%) ot aa~ ~stall-
6 s optaon, M wiU pay • Lte c~args n6
~ ment
wLen paid more thaa ~ teen (lb) daps a~tter the due dats thereof to oo~ee tLs ~tsa e:pews in~olved
s in ~sadli~~ uea~tpaymants, but such "late~
° s6a11 not be yable out of t6s pe+ooeeds of an~ aale
~ made to ~at.iaty !bs indeetedne~s secured Lereby, uaTess sucL ~ooee~are ~~enti to d»c~Bs t~ eatire
~ indebtedness aad all prope~r oosts sad a~pe~es secured hee+sb~.
~ 8. Ii tbe total o! the pa~ enta mads b~ tl~e Mo~tgag~r under (a) oi psre6capti Z precedi~ ~6sU exceed tLe
amouat ot p~~men4 ~a~wUy msde by Wa Mortg~,- torgr~und rents, t~ea and ~eNa~w~t,~, a~d insuranoe
~ pre~miums„ as t,hs dss ma~ be, such eoccess s1uU bs c~t+edited oa ueot pa~ments to bs aiu~de b~ the Mortr
~ g~g~or for such ite~s or, at Mortgagee'a oPtion~ ~6all be refanded to . If, howe~ee~ sueh montKljr
~ P~Ymeots aLaU no~ bs au~cient to p~~ sucb items when t4e saaas ~hall me dne ~ad P~7~0.
~ ~ ~ ebR~ 82 326
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