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HomeMy WebLinkAbout2848 . . _ ~ _ w . - _ ...._...~.._....-.--.r - . . . . _ ""i~w ~ ' . ~ TO HA~R AIfO TO HOLD L~ s~ID~A~ LO~~I?Ot WIf~1 ~II ~ dA~1lI~! HIO t~anaaeats;.l~a+edl~enh aacl ippue~- ' ~ bnar~oe~ fhee~eun~o batongiag oe in spPe~tsinln6. ~nd t~he rsrersioA sAd'rsversio~ renuind'ee or ra maindera, aAd. ~iso sll tLs atote, eigh tide, mtereat, homeatead, dowec u~d ~t ot dower ss~ b esU?~e ~ PoMeNioa. alaw~ and demand whataos~er, as well in law a iu equity; ot fbe s+~i1 o~t~?goe in't~ad t~o the s~ne ; aad every p~ut t,hee~eoi, wtth the ~ppurt,eu~ncoa oi .Li~ ~aid Mortg~oc ia aad to the saane, ~ every pert and ; paroe~ thereoi unto tbe ~aid Morlsagss in fee aimpla - T6s Mortgagr~r }~ersby ou~enants with the Mart$agee, thr?~ M i~ iadeteasiWy seised oi ~aid lsnd in fes f ~ ain?ple oz suoh othee esf~?bR i~ Y is ~tated hex~eiA; ttis~lte has iull po~ and l~wiul ~t to con~o the saine y n ~a do~esaid; tba` ths I~ad » ires from ~11 enaumbr~noes ex~ep~ as hereia otherwise i+eot ; tbst said 11~IortBagor will m~ice such fur=har a~up~vca to prove tbs atoresaid titls to s~id laad 'm ~sed Mortg~ge+e as m~y be reason• . ~rsq uired, ~ad that suid Mortga~or does hereby tulli wus~nt ~Le wde to s~id l~nd. ~nd e~ay part the~eoi~ : aad wiU defend t~e wne against tbe LMriul claim~ ot aA penons who~oever. j PItOr1DtD ALwATi L~O ~ 1~ MOtf$ia0! ~U ~~1 UIIf~O ~ MOt~ fbi~ OE[ttiR ~t+01p1f~0ly A01~~ Ot = M~LIC~I ~Id fOnOK![!g 1~ ~ B11b11~tA~ OOj13?~ 1~0 Nl`: ~ i13, 450.00 Fort Pierce ~ Fbrid~. , - _ November ~ ia ~4 . ; I FOt VALO= I;sC~i~sD~. LI1e riAde~+rip~ed Prom»sts) ta t~ ths order oi ; +n tl~e X~e tn?tor oi Ve~erw' ASsin, ~n O~csr oi tbs ~ IIaited St~tes oi Americ~~ ~ad his suooa~on in suah oRks, ~s suc6, aad his or t~heir a~signs, tbe principal sum oi ~ RTS$N TI~ORISAND FO~1R SUNDRSD gIgTY AidD Np/100----.~~ +~n = 13, 450.00 ~ intareat irom da~e ati ~he nte oi f~v~ a o~te-fptt per cea~um ( 5~ g~) per wnum on t~re ; un bat~aoe unt~ paid. The ssid prmcs and int~ur+si sli~~p~?yable a` t~?e o8toe of t~he Lo~?n Gluaraat be y ~ O~oet~~ Veter~ns Administ,ration Regiond oe; in ~ SC. Pateacsburg, Flo~ida , or ~t suc6 otherpli?ce ~s the bold iaay desiguate in writing delive~+ed or m~iled to the debtor in monthly inst~Umenta oi ' ~ . ~ $ightx and 6~00----------------------------------~ollais i ~0.61 ' ooattnencias on t~he first day oi December ~ 19,64, and~ro~ntanuing oa ths ~ fir~tt ds~ oi e~ch month Wereafter watil this note is fullY P~, axoept thst, if not sooner paid, t6s final psymeat oi princip~l aad int,erest shall be dua aad p~yable on tbe ~irst daY.>ot • ~ November . ~S 89 . Pri n reser~ed to P~P~7 st any time, r?it6ou` premium or fes, tLe eatire indebtednees or an~ p~r! thez+eQi not • than tbe smoun6 oi one installmen or one huadred doUai+s (i100.00)~ abieLe~er is lees. Aa~ - ' ~P~3?menti m~?de on otber thaa an installaaen~ due~te ~?ill nat be ct+edited nnt~it the ne~ct tollowing inataUmaa~ ne date. Ii any de6ci~aJ in the p~~ment of any installment uader tLis note is not mads good prios to Lhe due date ' oi the nest such inst~llment, the entire~n a'pal sum and ~ued interest sh~U ~t onas beooms due aad ~sy- . •bda without notioe ~t the opt~on oi ~he holder of tbis nate. Failue+e to ezerei~e tt~»opMoa a6all no= co~ns~tuts a waiver of tbe righti to e~cercise the same ia t,he a~enL oi ~n~ subsequeat dei~?ul~ In t1~e eveati of defwlt in tbe PuYment oi this note, and ii tbe ume is oollected b~ an attorn~e~ at l~?w, ths nndeesigned hereb7 a6ree(e) to , . ps~r ail oosts oi oollection, including a reuonable sttorney's fee. Tbis note is givea for purcLase ananey oi red at~te and is ~ecured b~ mertgsg~e to ~ecure deb~ oi even i dste bere~vith, ~~ren and delivered by tbe uader~ed to payes on oert~in real rt . Pr~dnemt, prntest, ~nd notioe arb ~ereby waired. Pt'~P~7 dacribed tLersin. ($20.25 State documentary sta.mps . - attached to original note and ~/~,~~g~~_.~_~_~~___ ~~~L] cancelled. ) ~ Nlorris G. 5heffield ..._1~~..~LiTxB~S~'F.,I~L]~----•...___ [sssi.j - Hautie Sheffield ~ issnL] 1 . Aad ~hall dul , pe~ompA7~ and fu117 Petio~nn. di~arge. eseaute. efteat, oom ••~ad oom ~•wi~h and - ~bide h~ e~oh ~e~e~r ~t~he stipulstiw~s, aad coveoanta~siid~p~o~~ w~ryy note sad oi tLi~ m~ortgag~e, tbea t~ mortgags and ~hs esta=e hee~ebj ereated +~hatl ee~s wd bs nna ~d ~oid. - Tb~e Mostgagar inrd?er o~~enants ~s ioibws: - 1. T6st he will p~y ths indebtedness, ~s~ereinbe#ors pra~ided. PrI n t+eser~ed to PrsPu7 at at?~r Wne• wit2wnt preminm or ies, tLe eantire iadebtedne~s or an,3? put thereci nut lees~ ths amoua~ of aae installment~ - ae ea~e hundred dollais (i200.00), wlucbe~er is ler. Aay yment m~ds an otber tban aa inatall~t dns date will noti bs credited uat~ ths ne:t ioIlowing msw~~ due dats. . . 2. In order more fuliy to protect the security of this the M , togethee with, and in addi- taon to, the monthly psyments nnder ehe terms oI the not~~ hereby,~ iastallmeat due date day of . each month until We said note ia fu11Y P~, ~will pay to the Mortgsgee as tsnstee .(under the terms of t~his tsnsti as her+aindter gt~ted) the fo~luwsag sums: • (s) A sum equal to the ae~ouad reats~ if w7, nez~_ dua, piu~ ths prsmiums tLat w~l nest 6eoo~e due i?nd ' p~yable oa policies of fit+e and oth~e~r has~rd insuranoe mvering tLe ~P~pe~7~ Plw iaze~ ~ and aeeeosments n~ct due on tLe mortgagedp~ Peri7 (~ll ~u estimaa te~d~b- ths M~rtgages and oi Rhich tLe Mortgagor is notified) lees all swn~ aleaady p~id tLerafor divi~d ~T the number of mont.~s ~o elspse before one month prior to tLe date when wch-gi+ound re~nts. P~'~~, ind asee~~- meats ~vill beoome ddinqueat, such aems to be h~eld b~ M rirrgag~ee ia t~ io pa~ said ge+anad raats, Pn~ums, ~t~es. and speci~l aeseaeme~nta. _ (b) Thea~~egs te oi t~ amounb p~yable purwan~ to wbp~ragtapd ~nd-thae payRWe on tLs note secured heraby, sball be paid in a eingle paymeut e~eh mont6, to bs applied to t~e foUovriag it~ems in tLe oriier ststed: (i) B~~ and~ otbec hiwrd iawr~ace pra~oiumr, . (u) iaterest on fbe note ie~uned berebj; wd . ~ . (II~ am~xtis~tion oi ths p~cipd oi sai~d note. - Aq1 de6cienay in the saawnt ai ~uch sggregate monthJJ7 PaYnaen~~6sll, m]e~s mads ~~ood b~ tLs ~i e to ~be due dat~ of the are~ct suah pa~meat oonstitu~e an e~e~t at deiautt nnder t~ ~At meni~'s option, Mortgeg~oe wili ps • Iste c~arg+e» not emoeedina tonr P~' ~~4,1 ~~~ps~d ~ t,6~a 8 teen (la~d.yr sicer tha dus dats t~ee+eot t~o ~.ee rbs ezera a~eo~s m.ol.ed . paymei?t~. but wch "1+?te a" ~6ai1 trot bsp aJab~s ont ot tLs pe+ooseds ~~o~r n1e,.. • made to ~aWty indebtednas ~ecue+ed hm~eby. wah pe+ooeeds ae+e wBasaC to dirchse~s tLs eatie+e~= . ind,ebtedaer and s11 p~per aosts and ea~pe~ea ~eaured lyeeb~. 8. If the total o[ t~he p~ ta mads Nu I?~oef~a~r nnde~ (a) oi P~'~&'+Pb Z P~~i ~sll eacoeed ths amount ot Pu7meata ~clw~aade h~ th~~ a tevaes fot pound~renta, tates aad a~ermeots. and • inwranos preo4iums„ as ths c~s m~ ba, a~oh ea~oas s~all bs ~redited a~ wb~eqnsnt pwment~s to bs made h~awsiaeM~~~at~h~j~~ itenr ae~ ~~~ogt3on, a~ .tr~rtss ~aD bs refnnded to Mor~qa~os. If~ . ' and pa~aWs, tLen tbs Mort~g~goe shall pa~ to the M ~~ltes~ w4en ths ~s ~6all beooms dus a~H~ w7 C~.~ ~o maks up • ~ F~~~ f ~4~ - - J