HomeMy WebLinkAbout2160 To 8~n e~m so HoLO tfie wns, t~l~ee rvith ~ll aad dn~l~e t~rs tAaeane~nts, heradtt~~ruut~ ~nd apput?
tananoea tbersunto n .
bda~iut or ia sp pertaiAtng~ ~ad thi rsvenioA ~nd reveesions, rsnu~indsr or rs.
m~der~, u?d ~ls~ all t~e e~tn~e. cight, tttls~ Int+~t+e~~, home~tead~ dowee ~ad ~ ot do~ repan?tA eat~?ts
- poe~eesion, claim ~nd de~n~ad ~~~oever, ~a well in l~i? as in eqult,y, oi t~he auid~oreg~goe In aind to the sa~ne,'
wd e~ery p~rt ehereot, with th4 ~ppue~tea~noes oi .the said Martgagur m and to ths s+~me, ~ad every p~rt ~nd
parcel thenoi untio tbs said Mortg~g~ee in fee simple,
The Mortgagcr bereby oo~ea~nts ~rith the Mor~, eh~t ha is indeteaaibly seised ot s~id land in fes
dmple os such other atits; ~i any as is stated hereia; U?at e h~s iult power wd lawiul right to oonvoy ~the sacne
•s doresaid; tha~ the tu?d ~s free ~rom aU encumbrauuas exospL ~s herain otLerwi~e reait,ed; tbat said Mortgagos
will make such furthet reaur~wces to pr~ve the done~id title to said l~nd in a~?id Mort~qagee ~s m~y be reason-
ab req uired, wd th~t said Mo does hereby iu~y warrant ~he t3ve to s~id land~ wd svery part thereoi,
an ~rill defaad t~hs s~me ag~ins~Mrful ctuims oi ~It pnrsons whomsoever.
Pao~nasa AY.wsYS th~t if the Mortgagor shall pw? unto the Mortgages tbati osctain pmmiseory note, oi
which tha following is a subatu~tid ooPY~ to vri~:
= 7, 250.00 Fort Pierce~ Flodda. '
April lZ 1964 •
• FOIt VALIIE RlC~t~D~ the underaiRaed promi~e(~) to t~o tbs order of
~~lA~6tK?~Ot O~ Ve~~ AS~ ~R O~t~l1' Ot L~1A
v~~a s~.~ ai a~~ "
' a?~ ~ad his suoaesors in sucgi otRoe, as such~ and his or their seeig~u, tha principal sum oi
S~V~~T~ US~ ~O H~N~RED FIFTY AND No/100----___..nou.~. : aso. oo
~n m a~ e ra o f~.vF~ d ne-f t.h P~ uentum ( S~ ) Per wuum on the
. u~n~p
u'd balance unt~ paid. The s~id pru?ci~
~nd in~rest s~?~bepayaWe ati the o8ioe o the I.om Qu~rsnty
O~cer, Vetersns Administration Regional ~'ioe, in St. Petersbwcg Fle~cid$ . ar ~t such
~ Fther~Iace~tbe h~d d 45~1pp
~te itt writing ddivarad or m~iled to t~ee debtur~~
(s 3installnaents ~ _
~
oomme~cing onethe first d~y oi . , 19( , and oontinuing on the
fitst day oi each month thereaiter un~t~us nace » fally p~, e:oept tbst, if not soouer _
paid, the 8na1 paymm~ oi p:iadpa1 aad iateresL ahaU bs due ~nd pyable on tLe first day oi
Ma ,1989 • . ~ _
Pri~e~em resened to prepay ati an~ time, rvitawu0 prsmium or les~ tbe e~drs iadabtedner or aq~ u~
a
tbereof no lees thau ths amoun~ of ons ins~Ilnnent, or one hundred dollan (=t00.00), ~rhichever i~ lea~. ~An,~
t msds on o~ thaa aa installment due dats wrill not bs credited unt~ the nexL follo~riag inst~allmeat ~
ue~~
~ If any deHcieaay in ths puyment of any installment under tLis nots is ao6 m~ds good prior Lo tbe due d~ts
of t,he nest sud? inatallmea~, the entirsp~meipat aum and a~arned int~erest e6~ll ~t onae beoome due andpa~
~b~e ~rithout no4oe ati the option oi the ho2der of this note. Failnrs to eueroiss this op~ica sh~il not oonstitute
' a wsiver of ths righ~ to ea~ercise tbe eame ia the eventi oi any subseque~t detaul~. Ia t~tie eveat ot defwlL in tl~e
p~yment oi tbis note, md.if tha same is eolleeted by an atitorney ~t Lw, tbe undeesigaed h~+ebJ? ~ge~ee(s) to
pay all oosts of oollection, iacluding a reasonsbte attoruey's fee.
This note ia given for puir,hase mone~ of real estRte aad »~eeured by mortgags to seaurs debt oi evea~
d~te herewith, giv~ wd ddi~ered by the uadereigi?ed to payee oa oertain real W'oPertY described tLsrein.
, Presentmenti, prot~st, und notice are hereby waived.
($10.95 State documentary ~
• stamps attached to original .~~l~~~Q~~~~t..~~~~~_~~___ ~ss~?~~
note and cancelled) Horace E. Huqgins
__~l~/__.
~CQ&~._~..~TS~~N~------------- [s~?~]
[ssn~J
And sh~D du17. Prompti und fult [sa~?Ll ~ ~
Y. , Y P~o~?. discharge, ezacute~ e8eot, oomplete~ and oomply with and
: abide by esch and sverp ~tbe stxpul~tions, agreementa, oonditions, and oovenants oi sud~prom~ssory note ard ~ u
~ of this mortgage, then tbis mortgage and the estate hereby cre~ted stull oea~s aad be nua aad void. li
The Mortgagor fur~?er oov~?mta as follaws: :
1. 1'hat he ~1 pay the indebtednees~ ~a Lereinbetore provided. Plri~ileg~e ~ resened to preps~ at anl 'time, ~
witLout preoninm or fee, the entire indebtedaees or any put Lhereef not lees t~~an ths amouat oi oae instellment, i
. a~ oae hundred dollars (i100.00), ~rLichever is leee. Any prepayment made on ot~Lec tLan an installment ?
dne date ~vill not be exedited unt~ the ae~ct following instaIIment dwe date. i
2. In order more fully to protect the eecurity of tbis mortga~e the Mo r, togethm~ with~ aad in addi~
tion to, the monthly psyments nnder the terms of the note secure~ hereby, on e inst~allment due date dsy of
. e~ch month unW t,ha esid note is fnlly psid, ~vill psy to the Mortgagee as t:vatee (nader the terms of. this
trnat ss hereinafter stated) tbe followmg sums: -
~ (a) A e~mequal to t6e ground reat8, if anY, ne:t_ due, ptua tbe premiums that w~l aert beoome d~s aad
' psqa~le on policaes.of fire aad otLer hasard insunace oovering the mo prop~r ~y, Plns t~?za
snd aeeeesments nezt due on the mortgsged prop_ertY (all as est~inuted~tLe Mortgagee aad oi
which t~e Mortgugor is notified) leee all sums already paid tberefor divided ~l tbe number of mont,~s .
to elspee before one month prior to tbe dste when such~grouad re~ts~ premiuua~s, taxas, aad asee~s-
menta rv71 beoome delin uen auch sums to be held b Mo a s,
Q Y ~BaB'~ ~ trust to pay eaid grouad rents,
prcm.iums, taxes, and apecial aeeessmenta
(b) . Thea~gste oi tbe anaounts Fayable purauant to subparagr~ph a) and those payable on t,he nots
i~e
secured hereby, ahaU be paid m s eingte psymeat each month, to applied to the follow?ing items
in the order ststed:
(I) 8~rat~d rents, t~ses, ~sseesments, Sre, and o~r has~rd 'msuranoe premiuuc~; ~
~ (II) interest on tLe note ~ecured hereby; and -
(IIn a~o~sst~oa oi the principal of said note. ~ -
An~ deficianay in the sanownt of such aggregste montbl7 P~7menti s6siit un1eM made good by ths Mortgagar
pn~or ta the due datre of the nert weh pa~men oonsutute an e~enL of detanlL under t~ mo~rtgage. At ~
~ M~'s option, Mortga~ will pa a Lte ~~arge~~ not ~oeedin~ tour pet oeatnm t4%).of any i~taU-
~ menL ~v piud more tL~a t,eea (15~dsys aftes the due dats thereof to ooves the euteti? eacpa~s mvoived
in hsadling de uea~tipsyments, buL such "late c " ehall not bs ysbte ou~ of t.he pro~e~e~L oi uay sale
made to sat~iady indebtedne~ se~ed hereby~~ such ars ~nt to
indebtedness sad all m oosts sad ~ enti»
P per ~pe~es eecured heceby .
3. If t6e total of the p~~yments ma~de by the Mortgagor under (a) of paragrsph 2 preoeding s6a11 euceed the
amount of puymenta act,ually made by the Mortgagee, ~s trustee for ground rents, f~e~es wd aeeeesmeate, and
ins~rsaoe premmms, as the case ma~ be, such exe~ees ahalt be credited on subeeqaent payments to be made
by the Mortgagor for snch items or at Mortgagee's option, as trustee ~hsII be refunded to Mortg~gor. If,
however, sucL montlily~psya?eata a~all not be sufficien6 t~o pa~ sach iteins when the same shall beoome due
and paysble, then the Mortgsgor shsU psy to t,he Mortgagee a~ trustee W amount neoeesary to mate up :
_ . _ ~ .R: gg 359
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