HomeMy WebLinkAbout2516 r. ,
.
I • 1 ' ~ _ :
To Hn~s ~wo s~a Hoz.o tb~ ~s~, t~sthse with al! aod s~ngul,ir tb6 t~eaananti„ ha+e~ttimeots ~nd ~ppw~•
~ te~ tba+suat~o be1oaRio~ oe ia •p pe~t,~iaing, aad the rsve~ioa ~nd revecaion~, rsmaindee oe i~a
n ,
wainden, and ~SO s11 tbs ata?te, r~h~tae, inteces~, ho~aatead, dower wd ' t oi dowee, ~epante est~?~
poMeMioa~ cl~im aad denua~d wh~twsver, v well ia 1nw u ia equity~ ol ~he ~id ortgu~oe in aad t~o eheaame,
. sad every p~ t~ereoi, with ih4 appurtepunce~ o! tbs ~aid Mort~~g~or in ~ad b ti?e wne, ~ad ever~ part sad .
paroel thereoi un~o tbe s~id Morfg~ges in fes ~imple.
~?s Mortgagor hereb~ oovenants aith the Mort~y~e, th~t hs i~ indelessi~y ~e~sed ot said l~ad ia fes .
' simple or such otl~er at~Le it ~ny as is stated herein; t,hu- tl~e has futl puw~er u?d law[ul right to oonra~r -the same
a doe+es~?id; tbar ~he land ~s trae ~row s11 encumbranca exoep~ w hsreia otLsrwise rscit~ed, W~t s~id Mortgagor .
will mslce ~uc6 inrt6er wur~nca to prore the ~toresaid utls to ~id laad in s~?id Mortgages ~s m~~ bs nawn-
~b rsq w~d. ~nd l6~t s~d Mortgagor does ~ereby 1uUy warr~n` tha tide to ~?id land~ ~ad every p~ri thereof,
~n wilt defend the s~ne ~g~ins~ the lawfui cl~ims of aU penons whoauosver.
Pno~nasa 1~wAYS tbst ii ths Martgagor aL~ll pay unt~u ths Mortgages tha4 oart,aia pcomirory note, ot
wb3ah tbe followin~ is ~ wbtau?ti~l ooPY, t~o wio:
=9, 700.00 Fort Pierce ~ Flortd~.
Auqust 26 ~ 19 64•
FO~ VALlTS R~O~~~ tbs unda~ned pe~omi«e(~) ta to tbs ader oi
!
tTnited St~tes ot the ~wt tei?tor oi Vetesan~' AS~in~ ~n O~ost oi ths
Ame~ and hi~ suooeMOn ut suah o~ M suaL, aad hi~ ot their ~signs~ t~he prinaip~ wm at
I~iINS TSOUSAND SBVSN AUNDRSD AND NO ~100-- Dollua i 3, 740.00
wlth intera0 le+ona d~ts at the nts oi f ive & one-f ourth per oea?tum per ~nnum on the
unp~ b a
lancs un t
S
l p
a
i
d. T
~ e s ~
i
d priaci
p s
l an
d int~+cest a
h~
l
l b e puya
b
l
e ~t tha o ce o the Loan (iu~ranty ,
O~oer, Veteraas Ad~nia~stration Regiona~ O~oe, in St. Patatsbnrg, Floocida , or at such
F •
~ ofher plsoe ~s tbe ho~er nuy de~igaate in writing deLvered or m~?ited to tbs debtor in mont6l uut~Umeata oi
~ Fifty Sight and 13/1pp------------------------------
oomraenc,ng o~~ first day ot October ~ 1964~ ~oant
a~ui~ng tLs~ ~
da~ of esch month thereait,ee~ un~7 thi~ note is fuUl Paid~ e~cept t~6at, ii no~ sooaer
p~, ~~1 P~Y~t oi princip~l aad interest shaU bs dus ~nd p~,yable a? th~ fisst d~y oi
~ September ~ ~9 89. ~
, Pri~ 'is re~ed tio prepuy ~?t wy time~ without premium or fee, ths entirs iadebt~edness or oq~pa~
thereof not ia~ tha~? tbs sinouat oi oae instsUment, or one hnndred dollara (i100.00), ~rhicbe~er is le~s. 7,n~
i prsPi?ynuez?` m~de on otber t6~n an inustailmeat dne dute will no~ be credited until the next iollowing instaUmea~
; due d~te.
~ If my deHciena~ ia the pa ~ oi any inst~llment under this nots is not made good prior to the dus d~te
~s
; ot tbe nert such inatalimeat, entu~spc~ao~pal swn and socxued int~s~ ehaII at a~oe beowne dus aad ~ay
; able witLouti notios at tLe optaon oi tbe holder oi tLis note. Failurs to ezerciss this option ~hall not oons4tute
a waivee oi t~he rigLt to eneir.ise tbs wme in the event ot an.y subeequeat deiaul~ Ia tLe s~ent of detault in ths
' payauiat of t~his nots, and ii f~ wns is oollected by aa ~tLorney a! l~w, tbe vader~igned hee+ebl ~g~+es(s) to
' p~y all oosts of oolleation, iael~tding s reasanable attornsy's fee.
' Tbis aote is given iarp monsy of re~l atate aad ~ secwed by mostg~g~s to ~ecurs deb~ oi e~en
dats herewitL, given aad 'deli
~
by tLs imderaigned tio payes on osctaia t+e~l P='~P~7 daoribed th~e~+sin.
P
r
a
e
n t~ a
e nt. pa+otea~~ ~
a
d notics ~rs h
e
e+
e
by wai~ed.
, ($14.55 State documentary stamps
; attached to original not~ and ~B~ ~o~ N~
cancelled) (~s~?L~
: T-T~Yg L.S.i~nd Wa~A~II.~.d (ss~?Lj
;
[ss~~
; ~ ~ [a~?ti1 - I
; Aud ~LaU dui~. Pe+aaptip. !nd tWty Pe*rona, di~Ch+~rBe~ e~eoute. eBect, ooa?P~, ~~P17 wit~? aad - ~
; a~ide b~ e~ch and so tbs wpulation~, ~ge+ee~aenta, oondit+oos, .ad ooveoants oi ..id aote anid
~8~' a
; oi tLis mortgags, t,hen ' aaoMgsgr, snd tbe eatats Lereb~ crented ~dall oe~s and bs nu~ ~
' ~e Mortgag~or further oo~enant~ ~s iu~bws:
' 1. Tbat he wilt p~~ tLe indebtednas, as hersinbetors p:+u~id+ed. P~ re~ecved 6o P~T at !n~ ~wms,
wltbon0 praria~ium or fee, the eatirs indebtedneas or sn~ p~rt tLereoi not lees ~he amauat oi c~s iascaumec?t,
~ ae one Luadred dollan (i100.00~. ~rhic4ever is lee~. Any prepuyment mad~s on othee tLan an iasWiment
j due date wiU not be credited until u?s aext falbwing inatallment due datA.
' 2. In order more lutly to protect ths eecurity ot t6is mo ~age, the Mo , togethar with, and in sddi-
? tion to, the montbly payanauts uuder the teruis of tha note s~e~c;ured henby, an installment due d~?te day oi
each month unt~l the s~id aote -is tully paid, will P~Y to t~he Mortg~gee aa trus`ee (~ndor t6e terms of this
~ tiwt as hereind~ stated) the fo~lo~ving wms: .
~ (a) A sum uai to ths ground renta, it any, rm:t~ due, plus the premium~ tbat will aezt beo~me dus a~ .
aez
p1~ati e on policies oi Sre aad otLer hasud insurance ouv t~?s p~r~
~n aa~e~soneab ae~c~ dae on t6e mort6~proP~Y (~1~
~ima~
t1Oed~~rt~hss~D~u~ii~
wd oi
~ wbich the Mortgag~or is notified) le~s alt sums ale+eady paid tberefor di~ided bl ths numbez~ oi montLs
i to elapee befoe+e cne awath prior to the dace whe~t wch~~+ouad renta, P~~, ~a, a~ul a~s-
r menta will beoome deainqumt, such suws to be held by M~rtg~gee in trust to p~~ ~aid growad rents,
~ , prainiums, taxes, aad spe~~al see~eesments.
(b) TLe te oi tLs amount~ p~?yable purauant to subparagcsph (s) and thae payable on tbe not~s
~ecureda~reby, sLall bs paid ia ~ singie payment each moath, to be applied to tbe toUow?ing itew
~ in tLs ord~r stated:
~ (i) grouad t+e~?ty t~ze~, a~erm~eats, Srs, ud otber Las~rd inwranos prsmiw~s;
(II) intee+esti oa tbs note secured hereb~; and =
~ (III) ~~mor~i:st3oo ot tbs p:incip~i oi isid nots.
. Aa~? deHc~enay in the suanat oi wcd ~ggregate montht~? Pa7menL d~ unieM mads ~aod b~ tLs MortgMgae
to t4s due dsW ot tba asxt wa6 pt~meat oonstiLuts an s~ent d defadt und~r t6is maf~e. At
a~ea~~s op ~,~g~oe willp~ a L?ts c~rge' not ezoeedins tour pee oentui~ (~°yo) ci aq~ ~11.
p~a~d Sitesn (lb~day~ aff,er ths dus dats tibreot to ~~e ti~s estas sxpen~s m~ot~ed
! ia haadliag~ uea~~pa~ment~, but wcb "Iats „ ~6a11 not bep ~9ab1s o~ ol the pnooesds ,ot an,p ~aie
made ~o ~sLid~ t5e indsbtadne~s ~saured he~+sby, un suc~ prooesds ars w~Oient to diwhae~s ths entirs ~
indsbtedner sad ~?!1 propee, oost~ and ea~pe~ne~ aecured L+ee~eb~.
3. Ti the tot,al ot the pa~~ment~ mads bl t~Ls Mortg~gor uadee~ (a) af
- ~ P~7~v ~a~7 msde b~ the Ma~gages, ss tru~tee for pound~pt6i~ ~i~met?~~ts?
premmnur, ar tbe caos ma~ bs, woh esceM ~all bs rredited an wb~eq~sut pr~ment~ to bs m~de
° b~ t~ Ma~~ iar weh iteuu~ or at Mortgyjes'i ogti~, M ttustes ~6all bs retuaded to Mo:t~oe. Ii,
Loweoer, ma?t61>~p~>nneat~ ~aD not bs w~cient to'Pn7 wc~ itemr when tbe nm~s ~haU beooms dns
atid pay~bls~ t~heo tha M~etgago~t ~halt pw to tbe MortgsB~ ~q1 t~` ~o mslrs up
' ' ~o ~ 97 ~A~~125