HomeMy WebLinkAbout1694 TO AA~ AIiD'i'O HOLD ~ M1ne~ to~e~Aer with ~11 wd dngulnr tbs t~eaenueata~ hee~edita?meats and ~ppuri- !
tenanoe~ tAeceun6o beloagiag oc in w~ appe~taiaing~ Nad ths rsveraion and roversia~s~ cemainder or ra
tn~iadan, ~e?d ~leo ~?it ths escate. rjgh ~ tatle, ~atereet~ homestead~ dower ~u?d ri~l?6 ot dower~ sepan?t~e eata?te~
po~sessioa~ claim ~nd dem~ad wh~twever, as well ia l~w as in equi~y, ot Lha suid Mo~lg~gcu ia aad t,o the sams,
wd every p~rt thecaof~ with the ~ppurt,enunces oi tha s~id Mo~tg~gor in ~nd to t,he eame~ ~nd every put And
patr,el thereoi uato tbe eaid Morfg~gee in tee simplo. •
The Mortgagor hereby ooven~nta wiih the Mortg~?gee~ th~~ he is indetesaibly seized ot ei?id luad in fes .
simple or such other estatsR ~i any ~s ia st~ted beroin; that he bns f uU pbwee ~u?d l~wtul ri~ht to oonvoy ~the s~me
as afores~id; th~?~ the laad ~s iree fram ~U enoumbcuioos except ~?s herein oU?arwise rocital; ttut said Mortgagr?r
wili mske auch further oesuruices to pmve the ~toras~id title t,o eaid land in s~?id Mortgsgee as m~y be reason•
•bl req uired~ and ths~ said Mortg~gor does hereby iully wuraa~ tbe tiUe to suid I~u?d~ i?nd evory p~?t~ 6he~eoi~
an~xill defead ~he s~me ~g~inst. tha l~wtul cl~ims of ~tl persons whomsoever.
Paoviosn AL~rsYS th~~ it tbe Mortgagor shull p~y unto the Mortgagee ttu~ ceetaia promiasory note~ ot
~rhich the following is ~ aubetantial coPY~ to wit:
. =15, 000.00 Fort Pierce , Florid~.
Au9~at 7 •1964 .
~ Foz V~LVa Iiscnvso~ the undersi~ed pmmi~e(s) top~ ?yto the order oI the
~ ~potAdrainist»tor oi Vetee~ans' AB~irs, w O~oer oi ths
United State~ of dmerica, ~ud his suooesaon in 4urh oQioe~ as such~ ~uad his or their aesigas, the rinci~l sum of
A
gifteen RRiousand and n~/ 100- - - - - - - - - Doll~n i 1 , OOv.00 .
~ with interes~ from d~te the nts of ~~-ve & one-fouYth p~ ( S~ par ~nnum on tl~e ~
u~n~pa~d balaaoe unW paid. The ~aid primapsl aod int~+rest shall bep~?y~ble at the o~ics o~tha Loan t~usrsnty
O~cer, Veter~ns Administration Aegional O@'ioe. in St. Peteraburg Florids ~ or ~t such
ot~er plaoe as tLe holder d te in ~niting delivered or mailed to t~re dabtoc ia mont,hl1 ~iAata~llme-nta oi
8ighty-nine and~9 1 0's- - - - - - - - - - - - - ~ollsrs 59.89
oo~runancing on t~e lst day oi Sep tember , 19 64 ~ and oontinuing on t~e ~
1 t day of ssch month thereaftsr unt~ this note is iuUy paid, exoept that, ii not eooner !
~ ~ Paid~ t~e~inai payman~ oi princip~l wd iaterest s6all be due md payable on tha lst d~y oi .
August , t9 89. ~
Priv~'1eg~e is re~erved to prep~y ~t ~ny tirae, witLout premium ~ fee, ths entirs indebtednees or wy pae~
ti?ereoi notlae~ tluun tbe ~anoun~ of one installment~ or oae huadred dollua (i100.00)~ ahichever is iees. M~ ;
prepayment m~?de on otber tban an inst~llment due date ~?ill not be cc~+~edited unti~ the ne~ct following installmen~
di
dus date. ~
If any deficieacy in tLe pa ent oi aay insf~llment nnder tbis note is no6 inade good prior to U?e due date
oi ihe neut such inst~llment, entire principal eum and ~?a:rued interest ehall at onae beoome due aad Fay- k::
~ ~ble ~vithout notice ab the option oi tha holder of this note. Faiture to exerciee this option sh~11 not consututs
' • waiver oi the r
i g
ht to ezerciee the same in the eventi oi aa
y su
b
e e queat default. In the event of def~?ult in the
paymea?t o
f t
h i s note, an d i
f t
h
e eame is oo
llec t
e d by an attorney ~t l~w, t
l?a un
derai~
e d b
e
r
e
by agree(e) t
o
pry all oosts of oollection, including • reaeonable ~ttorney's fee.
? T~is aote ia given for purch~ee money of reai est~te and is secured by aaortgag~e to eec~u+e dabt oi even
date herewitL~ given and delivered by the underaigned to puyee on cartain real P='oP~'~Y deecribed therein.
Piresentmeat. pmtest, snd notac~ are heraby waived.
' /s/ GUS G. VASIL- "
, ~ [sanL] ~
( $22. 50 State Documentary ~us '~Vasil'---.._.._..
Stamps attached to original /s/ ANGELINE M. VASIL ~
--~--eY~:rie ~ 1~1:
~'iiaeiT"'..___..---------•- [ssati]
note .and canceled. ) Q
; ~ ~
~ (s~?L)
' [sr,~r,j
Aad ahall dulY. Pmmptly~ and fullY Perform. di~c1?atge, eacecute~ eftect~ oomplete~ sud oomply ~vith and -
abide by eacL and every ~the stiput~tions, ~agreemeatt, oonditioa~, aad oove~naata oi said~promieeory note snd
of this martgag~e, then t~his mortgage and the estate bereby creat~ed shall cease ~nd be null and void.
1Le Mortgagor further oovenants ~s follovrs:
1. Thst he vvill psy tLe indebtednees, as hereinbefore pmvided. Pri~ege ia reeerved to prepny ~t an~r tiois, .
witbout premium or fee, tLe entire indebtednees or any part thereof not lees thaa the amount of one mstallmeat,
or one hundred dollsrB (i100.00), whichever is teee. Any prepayment made on other tLan an inatallment s
due dste will aot be creditsd until the nert toUowing instaUment due d~te.
~ 2. In order more fully to protect the eecurity of this mortgaee the Mortgagor~. together with, aad in addi-
ure
tion to, the monthly psyments under the terma oE the note secure~ hereby, on t~ha metsllment d~e date dsy.of
each montli until the said note is fullp psid, will pay to the Mortgages sa taustee (under the terme oi thia
trus~aa hereinafter etated) the following eume: ;
(s) A apnn equsl to the ground rents, ii anp, nezt~ due~ plus the premiums tLat ~vill nest 6eoome due and t
payable on policies of fire and other haaard insurance oovering the rao~ pm_
perty~ plus ta~ces
:und aasessments nezt due on the mortgaged prop~erty (a11 ae estimated ~r t~ha Mortgagee and of
which the Mortgagor is notified) lees all sums already paid t6erefor divided bl the number of months
to elspee before oae month prior to the date whea euch~ground rents, premmms, t~uces~ e~ad aasees-
raents will beoome delii?quent, such sume to be held by Mortgagee in trust Lo pay eaid ground reuts,
. premiums, taxes, snd special aseesemente. ~
(b) Theaggregate of the ~mounta payable pursu~nt to subpangraph (a) ~nd thoee pap~?ble on the note `
eecured hereby, aLsll be paid in a single p~qment each moath, to be applied to the following items
. ia tLe order stated:
- (I) 8ronnd reats, tases, aeeessmet?ta, fit~e, and ochet li~ard insuran~ premiums;
(II) interest oa the note oecw~ed hereby; aad
(III) ~mortisa~ioa oi ths prjncip~l oi said ao~e.
Any de&eisncy in the unount of such aggregate montWy papmmt sbaU unless made good by tbe Mortgagor
p_rioe to the due datb of the nest suc6 pafyment oonstitute aa event o~ dei~uit undet this taortgeg~e. At ~
M~~g~gee's option, Mort~gor wiii p~y •'l~te c~arg~e,~ not ezceeding iour per ceutum (4%) oi aay iasw?ll-
menti
wfien ps~d mor~ tbsn ~fteen (15) d~tys after tha due dste thereoi to cover the eztn e~cpenae ~avolved
~ in haadling de~inquentp~yments, but sucb lste c}~
e eh~il no~~ bepay~ble out of the proceeds of any sale
! made to s~tisty the indebtedness eecured hereby, unfees such p~o~eds are sufficient to dischiuge the entire _
i indebtedneea and sU proper coete sad expeaees eecured heceby.
~ 3. If the f,otal of the pa~ymenta macie by the Mortgagor under (a) of psrsgnph 2 preceding shall euceed the ~
~ amount of gayments actuaily mede by the Mortgagee, as trustee for gpound rente, tasee and aeeeeements, wd
! inaurance prenaiuma, ae the case msy be, sucti eacees ahsll be credited oa eubsequent p;yments to be made
' by the Mortgagor for euc6 items or at Morfgsgee'a optioa, sa trttatee shsll be refunded to Mort+~agr?r. If~ ~
~ ho~?ever, eucb monthly syments s~ell not be suff'icient to pay such items whea the eame sh~D beoome due
! s .
~ and payable, then the ortgegor shall psy to the Mortgagee aa tnutee any smount iiecessary to make up
. -
! . . _ ~~~R g5 r~~r,~ 4':g3