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To A~rs ~xa ro Ho~ the e~me, to~?thar wi~h all ~nd singuli?e t~hs t~?e~aent~, heredttaanents and ~ppur:
Lsnanoes t~?ereunto belongiag or in• ~t?yw~se ~ppe~t~ining, und the reve~sion ~nd reversiona~ remunder or re-
m~inders, und elso al! the e~t~te~ cight~ ta1Ja~ interost~ homeateed, dower und righ~6 oi dowe~, separste estate~
• poesession~ claim und demand w?hatsoever, ~s Mrell in l~s as in equity, ot t1?e si?id Mortgagor ia and i~o the esias
nad every purt thereof, with the sppuM,~n~nc~s oi the s~id Mortgsgor in r?nd b the sune~ snd every put eu?~
pan~el thereof unto t,be a~?id Mortgagee in tee simple.
~ The Mortgagor horeby oovenu?ta wieh the Mortga~ee~ that he is Indeieasibl eeised of said lsnd in fee
simple or such other estate, ~i any as is atated herein; thst he hua tull power and tsw~ul ri h~ to oonvoy ~the sune
~s uforesaid; ths~ the 1Rnd is iree ~rom all encumbrsncca except ~a herein otherwise reci~; thst esid Mortgsgor
will mske such further assurances to pmve the i?foresaid wWe to said l~nd in ssid Mortgsgee as msy be roason-
sbi req uired, ~?nd Lh~~ suid Mortgsg~r does hereby fullp warraat t~he tiue to suid lund. and evory pur~ thereot, -
ate~w*ill defead the sama ~gsinat ~he l~wtul clsims of all pereons whomsoever.
Pxov~asa ALweYS thst it the Mortg~goe shsll pay unto the M~rtgagoe ths~ oectain pcomissory note~ ot
wl?iah the foUoNring is s aubstantial copy~ to wit:
700.00 . Fort Pierce ~ Florida.
Septembe r 1 ,19 64 •
Fo~t Vs~.vs RscuvaD~ Lhe unders~ed pmmise(s) to p~~ to the order oi
the, st~ ministr~tor of Veteraas' Affurs~ an 08ioer of ths
United 3tatee oi Americ~~ and his suooeaeors in such oflioe us auch~ and his or their assigns, Lhe ptincipeil sum of
SEVSN TSOUSAND S$VEN HIJNDRED AND NO/~00------------ Dollsrs i7 ,?00. QO
wit~ interest irom dste st the nte of f ive and one-fourt
u~np sid b~lence until aid. Tha said ~ Oe°tum ~ 5~; o~ per °anum on the
p princi sl snd intc+rnst ah~ll be payable st the offioe of the Losa (~asri?nty
O~oer. Yeterans Administr~tion Regional ~H'ice, in St. Petersburg, Flaacida or st such
' other plsoe as the holder m~ design~te in writing delivered or miWed to the debtor in montbly inst'sUments oi
~ For~y-six and 15/1~0--------------------------------~ollara t 4b.LS
oomtneacing on the lst day of petober , 1964 , and~continuing on the
lst d~?y oi each month thereaiter until t4is pote is fully paid, eucept thst, ii not eooner
paid, the find payment of principal sad int,ereet ahall be due and pay~ble on the lst dsy oi
September , 19 89 .
Prin'Iege is reeerved to prepay st any ~ime, without premium or fee~ the entu~e indebtedness or any p~rt
tbereof ao~ lees t~han t~e smount oi one installmen or one hundred dollsrs (=100.00) ~ whichever is leas. Aay
prepsymant made on other t~he~wn aa insLsllment due~ate aill not be crcdited until the next following instsltmant
due dste.
If ~ny deficiena~ in the pa~ment oi any inatallment under this aote is not made good prior to the due d~te
of tha nert such insEallmeat, Ws eatire princ,igal aum and sc~;nied interest ahall st once beoome due snd ~sy-
~ble ~vithout no4oe at the option oi the holder oi t,hia note. Failure to exerciee this option shall noL aonatatute
s~raiv~ oi the right Co eacercise the same in the event of sny subeequeut defanlt. In the eveat of defsult in the
psyment of this note, and if the same is eollected by aa attoraey at law, the- underaigned bereby agree(s) to
pay all uosta oi oollection, including a reasonable attoraey's fee.
This note is given for pur~hase money of real estste and is secured by mortg~ge to secura debt of even
d~?te herewith, given aad delivered by the nnderaigned to pspee on certain reat property deecnbed therein.
Pneentment~ pmtest, and notira are hereby waived.
($11.55 State-documentary stamps
attached to original note and ~8~ GILB~SRT- L. TAYLOR
cancelled) ~il~ert ~L ~ ~Taylor iss~~~
/e/ ~RIANITA.J~--~,'AYL(?R___-------•--------.. [sBr?~
Juanita J. Taylor
~ [sssL]
[sar?LJ
And shsll dulY. PmmpUy, wd fully. pertorm~ discharge, e~cecute~ eRect~ oomplete,, aud oomply with aad
~bide b~ eaeh and every ~We stipulations, sgreement~, conditions, and oovea~nts of s+ud~promieeury note and
oi this mortg~ge, thea Wis mortgage i?ud the estste hereby crested shall ceaae and be null and void. ~
TLe Mortgagc?r further oovenauta as foUo~vs:.
I. 1'hs6 he w?ill psy tLe iadebtednees, as hereinbefore provided. Priv~ege ia reeer~ed to prepay st an time,
withont premium or fee, the eatire indebtednees or eny part thereot noti lees than the amount of one ins~ent~
or one hundred dollars (=100.00), w?hichever ia less. My prepsyment made on other than aa installmen6
due date ~rill noC be credited unti! tLe nezt following installmea~ due dste.
2. In order more f~lly to protect the security of thia mortgs~e the Mo r, together ~vith, and in addi-
~ion to, the monthl payments under tLe terma of the note secure~ hereby, on e inet~llment due dste dey of
ure
each month until e ea?d note is fnlly psid~ will psy to the Mortgagee as taustee (under the terms of this
tr~et as hereinsfter atatedj the following suma: ~
(a) A aum equal to the grovnd senta, if eny, naxt- due, plas the premiums thst will ae:t beoome due and
psysble on policies of fire uid atber Lasard insuraace oovering the mo~ PmpertY, Plus taze~
and a~aementa next due on tLe mortSag~ed pmPerty (alt ~a estimated ythe Mortgagee and of
which the Mortgag~or ia aatified) lees all suma slready psid therefor divided bp tLe nur~aber of monW~s
. to elupse before one month prior tio the dste ~rhen such~~ound renta, premiums, t~ces, aad se~ess-
ments will beooau delinquent, auch sume to be held by Mortgagee in taust to psy ssid ground rente,
premiums, taxes, and epecial aaeessmente.
(b) Theaggregs te oi the amounts ~sysble purauant to subpangnph (a) aad thaee payable oa the nots -
eecured hereby, shsll be paid in s aingle psyment each~ month, to be ~?pplied to the foUowing items
in the order ststed: ~
(I) grownd reab, taza, ~ssessananta~ Sre, and othet hwrd insuraace premiums;
.(II) interest on the note secured hereby; and
(III) amortiaat~on of the principat of asid aote.
A~u~ deficiency in t6e amount of such sggreg~te monthly payment shaU unlen made good by the Mortgagor
prior to the d~e dst~ of the next auch psryment oonstitute an event o~ defsult under tbia mortgage. At
Mortgagee's option~ Mortgagor will pay a'late c~srge" not eYCeeding four per ceatum (4%) of sn, inst+~li-
ment when ~a ~ siteen (ib) days after the due date thereoi to oover tbs ertn e~pan~e involved
in bandling delinq ueatpsyments, bnt aucb "latec~srge" ahall not bepsyltble out ot Wie p~eeds oi sn ssle
made to satiaty the indebtedneea ~ecured hereby~ unless such proceeds are su~cianL to dmchi?rge tbe ~tire
indebtedneM and sU proper cata ~nd e~spe~a~ secuced hereby.
3. If the total of the pe~yments made by t-he Mortgsgur nnd~ (a} of paragaph 2 pre~xding e6aq ezceed the
amount of paymenta actuaily made by the Mortgagee, as trustee for ground renb~ tazes and asreesments, and
iue+uaace preuuuins„ as the caee ma~ be, such exceas shsll be exedited on w uent
b the Mo r for such items or st Mo ~ ~~~~8
y ~ rtgagee's option~ v tsustee st,all be retunded to Morts~ugor. If,
' however, su monthly~,paymeat~ not be su8'icient to pay such items when the same shall beoome due
; and pi?yable, then the Mortgag~or shsIl psy to the Mortgagee as trustee aay sinount neceesary to make up
- . go~K ~7 ~ a~,~ 37~