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HomeMy WebLinkAbout2386 _ - _ . ~ . ~ . ; . ,3'j ~ To 8n~s ~ro xo Ho~ tbe aa~s. to~s~her.vit,h ~il aud ~gul~e t~1?s leneaaeats~ hee+edi~amea~e .ad aPl~+~'' ~ tAnanaes ti?e~suab balon~~u` ot in pest~sinie~ aod ~bs rsver~ion sad revenans, rsau~indee or ra A a~aiaden, aad ~o a11 tbe atate• ri~h titk, tse+es~, bomesl,esd, dowee aad ~1~ oi dovror, ~sp~?c~te esiat0. poMC+rion, claim ~nd de~n~wd whuVoeree, M well in law as in equity, ot the.sual ortgsgur in and t~o the s~aae and eoery p~ thee+eot, w~th ~6e ~ppurteu~noes ot ths a~id Moctgagor in ~?d b the eame, ~nd every part ~ p~,roei thst+eoi unb tLe sajd Martg~ee in Ies simple. Ths Mortgagar bereby o~vaoanb wiU? tbe Mort~~~,e, t,h~t he i~ indetessibly eei:ed oi ~aid land in fes s:~~k ~ sach other af~tes ~i an~ as is st~ted herein; U?s~-lu h,~a tull powee and l~wful ' t to oonvey ~d?e eaa?e lu as atot~e~sid; t~hR~ t~?e Lnd n ie+ee ~rom ail encumbr~nces exoept ~a hersia otherwise reci ; Lb~t said Mortgsgos wiU malce such further aesurancds to prove tbe doi+es~id title to said l~ad iu a~id Mort{~ages ~s m~y bs re~n- ~req uired, and thi?t said M does 6ereby fulll warrsn~ flie title to suid l~nd, ~u?d every p~K Useeboi, and ~riU deiend the same ~gainst~~ wtul cluims ot a1t perwns whomsoever. PAOrIDSD AL~?AY6 ~l~t i! tbe Mortgsgor eh~U pyr unto tbe Moct{~s~ee thaL oertaia pramissory note, oi which t6e tdb~ is s substwual ooPY~ `o witi: = 8, 850.00 Fort Pierce ~ Fforid~. March 5 ~ 1~ 64 ~ FO~e VALIIS Iiscsivsn~ tl~e undersigned promise(s) t~ ~~~o ~tbe order of United States oi ~ 7~ A~iminista?tor oi Vetes:ns' AIEi?ira, an O~oer oi ths Amezics, wd his wooeeson in such offioe~ ~s such. und his or W?eir aeeigns~ tbs princip~l wm ot I ~SAND 8 GHT ~gg D FIFTY AND NO/100----- ~11i~~ ~B, 850.00 w$it~h~terest trorn dats at ~e rate~i~f f~v~e~p~ e-four~ PeT ~?tun? ( 5 Per anaum oa tbs unpaad balaaoe nntil paid Tbe aud pnnc~pal and "mt~+res~ eh~U-be p~y~ ~ the ~ o~t~ Loan Quaraat e O~oer, Vet~erans Ad~a~inistr~taon ~d O ioe, in 8t. Yetmcsbqsg' Flatid~ . or at ~ i otLer~ ~s tLe holder n?ay deu~ ate in writiag delivered or m~iied to~i~e debtor m moathly inatallraenta d F i f t y ~ r e e a n d 0 4/ 1 0 0------~------------~-~-------~ r s t i 5 3. 0 4. ooma~enc~ n g on the fitcat du y oi ~ril . 1 9(4 , and oontin u i n g on the first dsy of eacL nno~ntb thareatter un this note is iul[Y P~d. eioept that, ii not woner ' P~, tbe Sinal payment of princip~l and iaterest sh~l~ be due ~ad p~yi?ble oa tbe first dsy oi , March : 89 . Friy~~ is i+eserved to prspay at any tims, witbout premium or fee, the entie~e indabtednees or any part ~ ~ tl?ereof not7eas t~han the amount ot on~ inst~lL:.:,.:.~ or one hundred dollars (i100.00), ~fiichever is tees. Any _ prsP~yment made on ot6er than an ins~altment due ~ate wrill not be credited until the next lollowing ins~allao~ea~ due dste. I It any deRcienc~ in tbe pa~mnent o~,any i~tallmenti under t6is note is not made g~ood prior to the due data ~ of the nert snch inataUmeat~ the entirspn~~ pal sum and ac~xued interest ah~ll ~ oaoe beoome due wd FaY- : able ~vitbout aotice .t i~ optiun oi the holder oi tLis n~ote. Fsilure to exercisa tbisopLioa ah~ll aot oons4tut~e ' . a waiver of the righti to exerciee the same in t~Le even~ oi aay subeequent~ default~ In the sven` ot det~ult in tLe = P~Y~t of t~ note, and ii tbe sanre is oollected by aa attorney at law, t~ uadersi~ned hereb7 ~~ee(s) t~o pay all oosta of oollecdon, including ~ reason~ble attorney's fee. ~Lis aole i~ given for urch~se money oi real estate aad is secured by mortgage to ~ewu+e debt of even • , . dste herewith, given and d'ver+ec! by tLe unde~igned to psyee on oert~sin real P~P~7 d~~ Pre~eatmeat, pmteat~ iwd notice are hereby waived. ' . ~ • ($13.35 State documentary stamps ~ attached to original note and can- ,~gl___ ~~.._~A~IS~'T__...__.____. (s~r.j _ celled.) ~~~am M. eurnett ; alA,~_F.AY~_~JB~18TT_._____--•------------- [ssaL] ' Faye Hurnett . - ts~?~ ~ [.s~?~.l And shaII dd~r, P~pv~. ~7 P~'ro~?, di~oluu~ge. eseaute~ eHect, oompkte, aud oompiy witL and abide b~ e~ch and eoer~ ~tbe stiWili?tions. ~gree:oent~, conditioos„ aad cuveoants ot Nid aote and ~ " of tbis mo~rtg,~ge~ thea t~Lis mortgs,g~e wd tLe estate Lee+sbj crested dull oe~~e and bs nu~ ond~ Tbs Mottgsg~o~ turtLer oo~e~nts as fdbws: ~ . 1. ~at be ~l psy tba intlebtedne~s, as ~e+einbefoe+s p~o~ided. Pri~r~egs ~s re~et~ed to prsp~~ st any tims, - wit~ant premium or fee, the entie+e indebt~edneos ar ~ny p~rt thereof not ter t~un tbs amouut ct oae iasLa~m~t, ac oas huadred doDae~e (:200.00), w?hichever i~ less. Anyp~ap ~yment made ~an otLer tLan aa installment ' das date wi11 no0 bs credited uatal tLs nest toDowing i~~e~~llment due d~te. . ~ .In orde~ mor~? runo ~~?tec~ ti,e secyiity oi thi~s morcea~e r,Le Ma~r$agor,.to~esber wit6, and in .ddi- ~ tion to, t~he ma~tbl p~ymaat~ mde~ the terms o~ tLe note ~ecurec~ hereb , oa tl~a mstall~ent due d~te daT oi y erms e~c6 moath until tbe ~asd riate is fn11Y P~, ~ P~7 to tbe Mortgag~ee lolbwiu~ wms: (a) A snmegusl ~o the ge+~w~d reats, if aap, nest~ dne, plus tbe premium~ tLati w~l nest beoo ~du~ aad~ payable oa policies ot fire and ot~ L~sard insuranue ouverinB Ibe Pt'o y~ us taus . .aa .a.~~ ~ a~ ~ ~~s~pron~~ t.n ~wn.r,ean°'°~`'~c~ oi ..}uc6 the Mor~gagOr is novs~ea) te.s au s~.lresa~ pa~a rLentor diriaea ~~r tbe number ot moncb. to elapse befare one aQOath psior to the dut~e wl~en auch~gi~und renta, P~~, ~a0. ~eser- - ments will beoo~m~e ddinquent, such sums to be Le1d by M~rtgages ia tr~at to p~y s~id gi+ound rents, ~ preaniums, taza, atd epecial ae~ee~oaent~. _ (b) Tire ~y~?te oi the ~a~oun4,p~?y~ble punuant to subpar~graph (a) aad thoss pnyable on tLe not~e ' eecuied bec+eby, aLa11 ba psid ni a~ing~e P~7menti each moath, to be ~pplied to tbe following items in tLe order atated: ~ (I) 8round renta, tase~, aree~emeata, fire, and other hasard insnr~noe premiums; . (II) iaterest oa tLe note ~ecured L~erreby; and - _(III~ amo~l~sation ot tbe prinaipal ot wid not~s. ' - dn~ deficienay ia tl~e anwunL ot sucL ~+e@ate mont617 W?yment absU unlerr wade good b~ ths Mort~tgor , p zo t,hs de~e dat~ of the ne~ such pa~t oonsutu~s an'e~en~ o~ detault under t,6is mo:tga~e. At ]~'s optaon, Mortgagoc will pa • Lte cbatgs,~ not eoooesdi~ iour per cent,um (4%) of an~ mstait- ment piud mors than stteea (lb~dayr aite~r t~hs dns dsts t6aeeot ~o oo~ec tbe ezLra e:peass ~nrohed is Lwdiing~ nen~tpaymeats, bat sucb "Lts aball not bs yabLs out oi tbs pe~ooeeds of any ~sls ~ ma~s to ~atat' tbs indeet~dne~i se~u+ed ~eeeb~, u~ ~h prooee~ae+s ~a~nt ~o d~c~s tLs entie+s indebt~edoer and aU pmpe~ oosts snd ea~e~es ~ecured Lee+eb~. : 3. It N,e total ot tbs ps~~menta made b~ tl~a ~rt~r nnder (a) of paragnph ~ pre~eeding ~twU esceed tLs - ` amouat o[ p~~menta rct,uaU~ nrds b~ ths l~or~g~ee,~ t ~round rent~, t~uca wd ~ts, and iawranoe ' premiums, as tLs cMSma~ bs, ~ eaooe~s ~hal1 bs a+edited on neot pa~m~eots ~o be msds b~ tbs Mort- ~ .~a~os tor wch it~ oe, at Mor~grg~eb's option, shaU bs retauded to . I#, lawe~ec, wah ru~untWjr ; 1~7~ts ah~U not bs wBoient to p~~ wch tte~us when tJjs s~ms ~haU dne ~d pay~ble, t~6ea t~he ~ ~ . ...t . : , . go~~ 82 '~3~. } 1 _ - -