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HomeMy WebLinkAbout0975 ~ • ~ _ , ; ~ To ~?~s ~xa ro Hor.~ tb~ Nms, t~et~ee wi~ s!1 an~ intvl~c . t~, h~r«iitsment~ and ~ppue~ ' ' ~ ~sna~oe~ ~henunta bel~oa~inn~ or in ap P~c~uait~i sOd th+ t+~v aad ar f mai~den?. and ~l~o all f~6s e~tate~ teras~, holaa?tesd. °~01~ i''~matnd~c oe rs. . . ri~h~tk~ in ho a dorinr sad ot do~rec, Np~?t~ at~tie, i P~~, olaaa ~nd demand whataos~er~ ~ well in ]aw as ia equioy~ ot tl~e wkl o~~~oc in ~nd to t!us~, ~ ~ and every p~ tba+eoi~ Mrith th4 ~PPaet~et?~noe~ ot the ~aid Mort~a~or in and b tbe was, ~nd sveq? p~K ~ad. , ; . paroel thereoi unto Ll?s ~aid Mortg~ in ies simpla ! ~'!rs Mart~~gar hereb~ co~enanta. witL tbe M ~ th~~ he i~ indeteasiW~y ~sised ot ~?id lwd ia fes wnpk or such othee e~t~tst ii any a b stated hereia; th~t A~s tuU poMror and l~w(ul~ ~ to oaavey ~t~?e wne c' Y d~raaid; thut tLe land ~ fres ~m ~Il enowabranuas except ~s 6erein othsevri~s reat~ea; tl~~t s~id Mortg~goe ~ will make suoh farther s~susance~ to pwve ths aioe~es~id title to ~sid Isnd in said Moetgsg+es ar naa~? bs rea~oa- and will d~ead s~ Mor~~ot doer l~ereb~ i warr~n` ths ~itle `o s~id land, and every p~ti tbsreoi~ ' s~itu` ths l~wiul ol~ims ot~ penons whomroefer. ~ Pso»asn Azw~~n t~ut it tLe MortQ~oe shall p~y unto tLs Mortgages thao oset~ain promirory note~ oi ~ which titis iolbwin~ i~ ~ wb~tantiat ouPY~ to rrIt: i =10,150.00 Fort Pietce ~ July 22 .19 64• FOIt VALIIS AECSLYSD~ the wideisi~p?ed promi~e(~) top~' t-o ~tbs ardet ot vaitea sc.te. o~ tne ~w Aimini.k.tor ot veter.n.~ A~.ira, an offiosr of r~s . Amerlca, and h~ suooe~wra in su~sh o~os, ~s suoh, ~nd bis or tbsir wigos, Lb?s priacip~1 wm oi ~gp TS0~1S;~ ONS ~UNDRE~ FIFTY AND NO/100---------- Dollus i 10,150.00 with intee~e~~ ifrom d~te at e r~ts f~.v r}e-fou pee centu~m g~) per annum oa tbs un~ bal~nos until pafd. TLs ssid p~nc~pa~`an~ wt~ere~o ~bsparbls t~?s o~os o-f tbe Lo~n Quar~at Offioe~, Veterans Admiai~tratioa Reg~onal O~os, in . St. Peteacaburg, Flaacida ar ~ti ~u~ ' ot~es pl~os a~ tbe ~1der ma7 d te in ~rriting deh~ared or mailed to tbs debtar in maathl,y inst~lim~t?t~ oi ~ Sixty Dollars and 83~0----------------------------~d1an (_~p~ ) oammane~in~ on tbe First day oi September , 1~64 and oon-ii'a~ ' . • First da~ oi each month thers~ftar until tbis note i~ full,j? P~, ~P~ t~, ii ~~on~er P~~ P+?7~o oipnacipal ~nd interesti sbaii bs dus ~ad p~yabts on ths Fisst da,p ot August ~ 1~ 69 a ~ P~d~i~ re~e~+ed Zo prspa~ so an~ tims, wit4ou0 prsaaium or ies, tbs ent~irs indsbtsdne~s or aof aK tL~+eoi not tban tLs amoun~ o! ons irut#lUnent ~ one hundred dollar~ (=100.00), Mrhiche~er is las, pAn,~ pe~spqmnent made on otbe~ than an inatallment due ~ats will not bs oredited until ths ne~ct ioltow?ing iwt~llment dns date. 1 Ii aay deRcieuay in tbe pa~?menti ot any inst~lnae~t undar t~ note i~ no~ made good prior to tLe dus d~ts oi tbe nert wch instsllment, the mt3rsp~mcipal som ~nd ~axued.interat ~ha11 ~t oaos beooms due ~nd pa~- . ~ble wi~houti notice ~t tbe option oi ths bolder ot this nots. Failura to essrea~s tbis opt3on ~all not oona4tuts a waive~r of the rigLt to esarcise ihe same ia tbs eveat ot any ~ub~equea~ detanlt. In ths svent of det4ul~ in tbs psyment oi this nots, and if the ~ama is oolleated by ~n ati~orney at Lw, tLs underai~?ed Lereb7 age'ee(~) to P~7 ~?ll costa of collecLion, including ~ re~wnable atit~orney'~ fee. This note is given for purchase money of real atate aad i~ ~eaured by~ mortgage to ~ecure debt of sven date herewith, gi~en and detivered by the underaigned to payee oa oertaia reai prupart,~ dacsibed ~rain. Pre~entmeat, ~otest, and not~e are hee+eby a?aived. . ( $15.30 State documentary • _ stamps attached to oriqinal ~'A~..~.._~IQQ~~...~$,....._. [u~~l note and cancelled ) Vance R. Woodard, Jr. ' _.C~el~-.MA~X _J1~.3~iQQDAxA [ssn~ Mary Jane Woodard - (sssra _ [ssnr.] - ' And shall dul ~ Psomptl3?~ umd tull~ Pertorm, di~o~a~e~, eieaute, eHeat, oomplete, and oo~aapU? with and ~ ~de b~ e~aL ~ever~ ~tbs ~4gu4tioo~~ agi~eemeot~, oonditio~~, aad ooveoaats of ~aid nots ~nd oi tbis mortgag~e~ theQ tLi~ mortgag~s and tbs at~te Lersb~ crsated iball as~~s ~ad bs a.n~~i~~ ~ a~~ ~ ia~?.: ' 1. That Le wiIl pay the iadebtednew ~ Ldreinbstors p~+o~ded. Peivilegs i~ re~e~sed to prsp~~ atan,~ dme, . . withonti p~~sminm oz fes, tLs antirs indebtedneM ~ aq~? part tbeeeoi ao0las. tban ths amount ot o~s iastaIlmen~, ae one huadred dollar (=100.00), w?hidse~er is le~s. AnY Pr?Yment mads m otLer tbaa ~a in~tallmenti due d~ts will noti bs credited w~t~ the nest follo ms ~ w wing ' , t dus dut~s. ~ 2. In order more fuUy to protect the security oi t6is mor`gage tbe Mo aga ~ toget~?ee wit6~ and 'w addi. . tion to~ the montlily pi?yments under the terms of the note secure~ hereby, ortn t6e instaUineut due dnts day oi each month until the aud note is fulty paid, vv~l PaY to tha Mortgagee aa trustes (under the terrns oi thn trust as hereinaiter atated) the following aums• A sum equal to the grouad reata, if any~ nezt~ dus, plus tbe preminms tl~at pill nest beoome due aad ~ payablo oa policies of fire aad other hwrd insunuoe aovecing the nyort~aged pmperty, piw t,+?zas and aseeesmenta next due on tLe mortgaged grop-erty (a11 ~s estimated b~r tbe M~tgag~e and oi ~fiich the Morig~gOr is noti&ed) lees all sums already pud t~erefor divided b~ tLe nwnber ot montbs ' ~ to elapee before one month prior t,o t~he date ~rhen such~ground reats, Puneouums, t~ces, aad aeee~s- meats ~viU beoome delinqueat, auc~? eums to be held by MotKtgsgee in trust to premiums, taxes, and specid aeeesemeat~. PaY ~ 8~uad rants~ ;(b) The ste of tbe amoanta payable pw~wanti to subparagraph (a) and t~wee psyable oa tl~e nots - secured~ereby, shall be paid in a single payment e~ch mon~ to be applied fa ~he foUo~ving items ~ j•' in tLe order stated: ~ ~a,.~v, ~~otbee hwrd iawranoe pe+~niua~; (II) intee+e~st an the note ~ecured hQrebl; ~ ~ ~ (III? amo~rtisatio~n of tbs priacipai of a+~id not~e. ; An~ deHciency in the unoun~ of such aggngate mon ns ~t~o tbe due dat~ oi the nsst wch pa~rment oonsti~uts~~ e~t~~ def~iul andec~tL'~~sy~ At 's option~ Mortgagoc wiU pa ~'lats c~ar$e„ noE e~ceedio~ to~r pes oeatum (4%) ol a~q~ ur~taU- , j . ment w pa~d mot+e tban $tteea (lb~dsp~ sfteer tbs dns dats the~eot to oo~ee tbe eattas e~ inioioed ~ ymant~, buti wch ~~lats ~s~„~6aU not bs ~abls out of ths pwoeed~ ~ an~ ~~le ~ made to ntidy t6e~~tedner ~ecured hereby~ unfeas wch prooee~ars w~oisat to discl~e~s tlis entire ; inde6tedner ~nd all proper oat~ ~ad espsnre~ oecut~ed heteb~. j' 3. If t6s tot~l of the p~~yments made by t~hs Mortgag~nr wndet (a) ol pa~agragh Z p~raceding ahaD ezoeed the unount of paymenta act~uaDy made by the Mortg~gee, as trwtes for g~ound reats, t~er and a~e~emente, and ; inwrwce pre~ruuma~ a~ tbe cass may be~ wcL e~coeM ~h~11 bs csedited oa sub~equen~ p~~ments to be made ~ i by the Mortga~~r ior wch iteur or at Mortgageb's option~ u trustee ~ha11 bs re[uaded to Mott~gag~or, If~ ~ 6owever, wch monthly~p~yrnent~ ~iall not be su~cient to'Po1 wch iteoo~ when the s~ms ~ha11 beoums due . , and payable, tben the M~rtgagar shall psy to the Mortgages a~ trwteo w~ waount neoee~ary to m~ke up • 0 RI n ~ B~~- ~ i~ftJ~~ - - - - - _