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To 8~nt ~?~ta,~ro Hor.o ~he sume, to~e~her ~vit,h all ~nd ein~ul~e Lhe teaem~b, haredit~mont~ and ~pput~ -
tenan~es lhee+eunto belongin~ oc in ~pPert~ur?6~ and 1hs rsrenion and reve~sions~ remsinder or rs-
n
mainde.ra, wd aiso ~11 the estate. rlgl? ti~le, mteros~, homeste~d, dowec ~?nd ot dowor~ aep~ata est~~e.
~ poesoseion~ claim usd demsad ~rLst~soever, ~s well in Lv as in equity~ of ttw sai~l ortg~gor in and to the s~une,
and e~er~r p~r~ therooi, w+itt? the sppuet~uuncas oi the a~id Mortg~gor in and to the suao, ~nd overy part end
p~roel tlureoi unto ~he a~id Mortgsgee ia iee aimple. -
1Le Mortgsgor 1?oreby ooveaaata with the Moctge~g~+e, t,h~t he i~ iadefeasibl~ seisod ot ssid lsad ia tea
~mple or sucl~ other at*te; if any as is etnLed herein; ehat he has tull poMrec and lawit~l ri~h~ to c~onroy -the satpe :
as doressi~; thst the land aa fno ~rom ~ll eacumbraaoca axoept ~s hareia ot~arwiae i~ecits~l~ t~~t ssid Mor~g~gat
will me?ice euch further aesurss?c~ to prove t~he atoresaid taWe to said land ia said Mortgagoe as may be resson• :
~req uired, and iLe?t aaid Mortgegor doas horeby f~ wurant tbe tide tio s+ud liu?d, aad evc~r pae~ theroof, i
' aad will defend tihe same ~?ga'?ua~ the luwf ul cisims ot pe~ons rvhomaoevee. ~
~ Psov~aso Ar.w~ts tl?st if tbe Mortgagor sh~ll psy unto the Mortq~ee th~t oertain promissory not~p. oi ~
~ abich the following ~ ~~~,~tanfSal ooPY, ~ w~~: '
i 13, 500.00 Foxt Pierce , Florida.. '
~ May 22 ~ 3~i4 r ~
i FOlI VALUIC $sCElraD, the under~igned proraise(s) tope~ t~o ~tbe order of . L
' ~e~[ Aiministr~tor oi Veterans' ASaira, an O~oer oi fLa ~
t IInited 8tat~+e oi Am nc~~md lus suoceseora in suc~? oflioe, su~h, and his or their assigna, theprincipal~ sum oi ;
~ TSIRTLEN TSQU~?'AND FIVS SUNDRED atid NO~100----------~oll~rs~ (l13, 500.00 s
~ ~?ith interest irom date e?t the rste of f~.v~ r~e-fou~~ P~' oantum ( S~C~ Jo) P~' annum on the ~
un sid balsnce nrrt~ paid. The ssid pruic~p~sn~ mt~e~eat ps abl t the ofl'ioa cf the Losn Qnar~nty ~
~oer, Vete~re?na Administratiion Regionil O~ce, in St. Patesabu g, ~acida or st suoh ~
~ other pLce as t6e bolder m:?y deaignste in writing delivered or mailed to the deb~or in mont~h~y inst~aUraents ot .
Eighty, and 90/100----------------~------------------ ~ollsrs (t 80.90 ~ '
_ commenc~ng on t1~e first d~y of ~'uly ~ 1964 , euid eoutinning on t,he
~ firat day of eaah montii thereafter unt~ this note ia fully psid, except that~ ii no~ sooner
; : paid, tLe fmal psyment of psinci al aad intet~est ahall be due and psysble oa tLe f~st day of
` nine. ; ~9 8~.
P~riv~e~e is reeer~ed to PrePap s~ eay time, without premium or fee, the ~tire iadabtedness or sny pt~t~
tlrereoi not less th~a the ~unount of one instellment, or one huadr~d dollsrs (~100.00), rvluchever ia less. Any
prepaymen~ msde on otber thsn an instsllmeat due dste aill no~ be credited until the neac~ following instalLnent r~-
dne de?te. ~
. If any deficieacy in the psym
en6 of eny installmeaL under thia note is not made good prior ~o tbe due date
~ oi the nesC auch noatallmeat, the entirepr~
eipal sum and eicx,x;rned interest shAll ot oaoe bao~me due and Fsy-
able ~vithout notice st Lhe optioa of the holder of tLis note.~ ~ Failure Lo esercise t~us option absll not oonaLttute
' a~vaive~ of the.right to e~cer~iae tLe asme in tJie avent of say snbeequen~ defaulk In the event oi deEsult in tha
psyment of thia aote, aad:if the ssme is oolleet~ed bp sa stitorney at law, tLe umderai~aed hereby age+ee(s) to - ~
. pay all oosts of coAection, mcluding s reasonabla sttoraey's fee. '
T'~i~a aote ie giqm for purchase monay of real estats and is secured by murtgage to secnre debt oi-bven
~ datie Lerevrith, givea sud delivered by the nnderaigned to pspee on certain real P~P~7 desccibed therein.
_ Preseatment, prntest~ und noti~e are hereby ~vaived.
- ($20.25 State docunrentary stamps _
, _ attached to original note and ~~..RA~C QZ~~._».~ [sanL]
cancelled) ~ Ray O. ~enderehot~~` '
AARRARA _~T.. '
~8~~
. _ ~ . _ Barbara J. ~endershot -
. t+~~l
~ ~ _ ~
. - ~ ts~?Ll
' And sLaIl dul~. Prompdy, .p
d fnlly ~
dischsrg8, ezecute, e~ect, oomglete, a~ad comp2~ with and =
• sbide b~ e~ah and every ~the sv e~lawons ts, conditions, and oovenaata oi eaid~promieeory note aad ~
of tLis mortg~ge, thea this mortgag~e aad the estste hereby created ahall eeass aad be nuIl aad void. -
T~e Mortgagor furtLer cov~ants aa follows:.
~ 1. Thst he ~riD psy the indebtedness, aa Lereinbetore pruvided. Priv1eg~e is reserved to prepsy ~?0 aaI time, ~ -
~vithout premium or fee, t~e entare indebtedneas or any psrt thsreof not leas tLan the amo~nt of one ~nstnliment, _ _
. ~ one hundred dollars (ilOQ.UO), ~rhiehever ia leas. Anyprepaymmt made o~ of,he~ than an iastallmeaL .
dne date will not be credited unt~ the n~ct follo~ving inat~ilmeati due dsta ~
2. In order more fuIlp to pmtec~ the aecuritp of tbis mor~tg~ge~ the Mortg~or,.toget~ wi~h, and in addi-
tion to, the montbl p~ymeuts nnder tbe terms of the note secw~ed hereby~ on tbe mstallmeat due date dsy oi _
esch month vntil ~ eaid note is full9 P~, ~ P~?7 to tbe Mortgag~ee the following sums: -
(s) A sum eqnal to the grow4d rents, if aay, next dae, plus the premiums that wn~l aezt beooms due aad
payable on policies oi fire aad a~her hazard inauraaoe oo~ering tbe mo P~pe~,1~ Plns t?us
and aeeessments nea6 due on tLe mortga~ged pmPertY (all ed estimate3~the M~rtgagee and of
wLich ihe Mortgugor is notified) lese all snms alreadp pud tLerefor divided the number oi mont~s
to elspee before one month prior to the dste arhen sach~g~uond zents, premrums, tazes, and si~sess-
menta ~l bevome delinquent, auch suaos to be hetd by Mortgsg~ee in trust to pap said ground reats, _
. pt~emit~ms, ts~res, ~und special aeseeamenta.
(b) TLe te of the smount~~aysble pnrauanti to subpsragcaph ~s) and Lhosa ~?yabls oa the aots
seaured8~ereby, s~ll be paid m s eaag~e Pa?ymeai esch montb, to be applied to ti~ foUowing iteno~s
ia the order atsted:
- (n ground reats, ts:es, aesess~neat~s, Sre,~ an~1 otbee hwrd imuaaaoe pcaa~iamr _
(I~ interest on the note secured h8rebj; and ; _ -
(II~ a~o~t~ssti~ vt tbe principal of a~id note.
- ~ An~deHciency in the amount of such sggreg~te monthlY Pa~men~ ebaD~ ~mlees msde ~ood bT tbe Mo~tgag~oz .
p_sior to the due ~iat~ of tLe next such ps~aneat eons~itute u? evmt af deisult ander this naortge~e. Ati _
M~rtgagee's o~t~on, M will ps s. Lte cbarge" not e~~eeding faur per oenttina of an~ ~la~
ment wben ps?d mars ~~,aen (Ib~dsys sfter the due dste t~ereot Lo oo~vae ~Ls ~xt~ra ezpe~ss ~n~dved -
in hwndlins detinqu~~tp aymeata, but suc~h Lte rgd shall not bep~ ?yable ont of tl~e proceeds oi sny aale
msde to s~ta~T t~6e indebtednees secured h~ereby ~unler auch p~±ocaed~ ars saffi~ieni tio dischi?eg~e ~he ant~ire
indebtedn~e~s and aQ prope~ eosta aad eocpenees secured bae~eby. . .
" 3. Ii lt~e tiotal oi tbe pa ts made b~ tl~e Mor~
r nrxter ot p~?ragraph ~ precedirg sLaU exc~ed tLe -
amount of paym~ta ~ct~m~rde by the Mart~a6N,- ~or ground r~ts, t~tea snd a~suaent,s, sad inwraaoe
~ preaniu~,? ss tbs c~e ma~ be, swch eQ~ees shaU bs e~ted os? nent psymeats tq be t~ds b~ tbe Mor~
~ : g~g~oar for ach ite~ or, at I~iortgag~ee's option, sh~11 be rafnuded to y It, b~wa~se, such monthlp
p~ymeots ~6a11 ~t be suffieient w pa~r sn~h it,ems wLea t4e sams shvl~ 6~e~
o
ms dns and payable, th~? the ~
; •
: : 0.~. -
: $8: t ' ~ ;~f~~~~`.
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