HomeMy WebLinkAbout1982 • ~a-s r . . • ~ •
To Hn~s ~KO so ~o~.o Ww Mer~ t~at,he~ with ~ll aad rn~ut~ ~t~aeo~s, hee~eelltameat~ ~ad appur~ .
t~e~noe~ tha+sunb Aebnitpi sp P+~~t~ and tbs te ~nd hveesioe~ rsmainde~ or rs-
mair~den, u~d, alw ~Jl tbs esta?te, ei~~
utls. tatee~est, hanestead, dowee ~nd ~t oI doMree, ~spun?t~ at~ts.
pora~aa. clym wd detaa~rd wlutaos~ec, ~s weU iar 4w a in equity, ot tl~s wid oct;a~or iu ~nd to the wne
aud s~r pWt tbee~eoi. with ihs appuM~eai?noa ot ths ssid Mort~agor in ~ud~to tbs a~me, aad every p~ ~n~
pae~oel thereai un~o tha ~aid Mortgages in !ee wnple.
1be Morlgag~or hersb~ ooveaaats with the Mortgag~ee, th~t hs a indeiessibly seir~ed ot uid laad in fes
~imple or sueh other eat~~es d any as is stated herein; that he h~s [ull powee and I~wiul t ~o oonvoy ~the s~me
as ~foraaid; th~t tbs land n lree ~rom ~il encumbrsnces exoep~ u he~+ein otbeewise racite~; th~t s~id Mortgsgor
will make such furt,her aesu;ances to pravs tbe dons~id tide to said lwd in si?id MoH{~ages ~n m~y be naeon-
~req uired, ~nd tL~t ~aid Mortgagor does hereby fullp warn?n~ the tide to suid lund~ sT?d every part thereoi,
and ~viU defead the ~ame ag~inst the l~wful eiaima ot att persons whomsoever.
Pxovinsa ALw~YS th~t ii the Mortgagor sh~ll pay uato the Mortgagee tha~ oertain pwmiesory note. ot
wbich the following is s~ubtanfaal ooAY~ to wit: Fort PieYCe , Florida.
i 10,300.00 Febru
ary 16 ,19 65 -
, FOIt VAT.UE RECE[rsD~ fhe unde~ed promiae(a) to p~ to ths order ot
~qcis A~tr~tor oi Veter~as' Aftain, an O~oer oi t~?s
United States ot America. a~nd his suoceseors in such office, as euch~ aad his or their assigns~ the principal sum oi
TSN THOtJSAND T'H~S SUN~R~,~ AND NQ/1~0--------=-----~ll~rs (i 10, 300.00
with interest te+om d~te at the nte ve & one- ourth per cantum ( 5~ per anaum on the
u~a~p~d balance unt~ paid. The said princi and intereat shali bep~yabla at the oflioe oI the Loan (iu~ranty
Offioer. Veteruu Administ~ri?tion Regional ~ice, in St. Petersburg Florida , or at anch
othet,pl~oe as tbe holder may de~ignate in w?nting delivered or ra~Wed to t~?e debtor u? montlily installmenta oi
~ Sixty-one and 73/100- 6~ 73
oommen on the - fitcat d~ oi 1~ 19 65, ~ad oont~nuiag on tha
first day of each moath tt~eredter u~t~t~»s note is fuUy paid, escept thn~, ii not eooaer
paid~ fbe final p~yment of princip~?1 ~nd intereat ahall be due and payable on t6e f irst d~y oi
March , 1990 .
privilege is reaerved to prep~y at any time, withouL premiuun or fee~ the entirs indebtedness or any part
thereoi no~ lees thau the amount oi one iastallment or one hundred dollara (t100.00)~ w+biche~er is less. Aa~
prepayment made on ot6er Lhan an inatallment due ~ate w?ill not be credited until t~e ne:~ foUowic?g inat~llment
due d~te.
If any deficiency ia the payment of any installment under tl?is nota is aot made g~ood prior ta tbe due date '
. oi the nart such inataliment, We entire pnnc~p~l sum and sa;rued interest ahalt at oaoe beoome due and F~y-
~ble without notice at LLe option o! tbe bolder oi tLis aote. Failure to exercise this option sh~ll not oonst~tnte
~ waivea~ oi tbe sigh! to ezercise the same in the even0 oi my subeequent default. In t6s event oi detault in the
payment oi t~his note, ~nd ii the sune is eoIIected by m attorney at laa~ the nndersigned hereb~ agr+ee(s) to
_ pay ail oosta of oollection, inciuding a reasonable attorney'a fee.
This note is given for purchase money oi real estate aad ir ~eewed by ~ortga{~e to ~eeue~e debt ot even
d~te herewith, givea and delivered by the underaigaed to p~yee on oertain reai pmperty deecribed therein.
Presentment~ protest~ and notice are hernby auived.
- ($15.45 State documentary -
atamps attached to original s/ FLORID~A WILSON 1~lOBLEY
- - -
note and cancelled) -~Flor~.da Wilson Mobley ~
s/ WII,I.IS D. 1KOBI~Y [~s~?ta
~Willie D. Mobley
[s~?Ll
[s~1zl
Aad shall dulY, P~p~Y. aad fully Pe*lorm~ di~cbarge. ssecute, eQect, oomplets, ~nd oomply with and
abide b~ each aad every ~tLe
s~v~
twas, agreeaaenb~ oondition~, ~pd o~venants oi wid_promirwr~ note aad
oi tLis mortgago, then tLis and tbe e~tate hersb cra?ted ~haU cea~s and be nnll id
The Mos~gagor furtLer covenanb ~ follows:
1. T6at he will p~y the indebtedneN, as Lereiabstare provided. Prin7ege v resezved to prspay at any time,
witbout pramium or fee, tbe e~tirs indabtednee~ or any part the.~eot no~ lees thau the amount oi oae inst~Dment~
oe ona hundred dollars (i100.00), wrhichever ia less. Anyprepaynuat made on otbe~ than an inst~atlment
dus d~te ~vill not be credited until the ae~t following installment due date. -
2. In order more inlly to protect the security of this mortgage ths Mortgagor
, together with, wd ia uddi-
tion to~ the monthlp psymenta under t~he terms oi the note secure~ Lereby, on t~e uistaliment due dste d~?y ot
- - euch month unW the said note is fully paid, .will pay to the Mortg~gee a~ trustee (under the terms of this
trust as hereinsiter stated) the follo~ving ~umr.
(a) A sum equai to the ground reab, it anY~ ae~ due, plus tbe premiwns tLat ~vill ne~ beoome dua and
p~yable on policies of Sre and otber hasard inauraace oovering ths mory~~ pr~operty, plus taxes
and asseesments next due on the mortgaged pro
_perty (all as estimated-by- the Mort~agee and oi ~
which tLe Mortgagor is notified) lees all sums already paid therefor divided bj the number ot months
. to elspee before one montb prior to the date xhen such~ground rente, premiums, ta~ces. aad aeeeas-
ments will become delinquent, such suma to be held by Mortgagee in truat to psy s;id ground reuts,
premiums, taues, and specid ae~ments.
(b) The te of the amounta piyable pursuant to subpuagraph (a) and those paqable on the note
- aecured ereby~ shall be paid in a aingle payment eac6 month, to be ~pplied to the following items
in the order atated:
CI) ~tmd r~ab, eaxe~, ~uie~smeats~ Sr~, ~nd ot~h~e basud in~uranos pr~miue~u;
~ (II) interest oa the note ~ecu~ed hereb~; and
(III) wwrvsntioa of the prinapat oi said aote. -
dn~ deficiency in the amount oi such agge+e~ate monthly payment sbaU un1eN made good by ths Mortg~gor
ia
t~o tbs dne datt~ oi the ne~ci wch pa~nneat oonstitute aa event o~ dsfaul~ nn~dec t~ia a~ortga~s. At
's option, Mo wiU p~y a~Lte c~iu~ge,~ not ezoeeding four per ceatum ot an~ mst~U-
ment pasd ~?ore tban~it~een (IS) days atter the due dats thee+soi to oovet tbs estrs aspe~n~s in~ol~~ed
in L~ndWig deliaquan~tpaya~eata, but wcb "late c " sball not bsp ayabls oat ot ehs prooeeds oi an~ sals
mads to rt~idy the indebtedne~s ~ecured bereby,~ess suc6 prooeeda ars su~oienti to di~o~ar~s ths eatirs
indebtedAe~s aad a11 psoper oost~ and e~cpeiues ~ecured heceb~. -
3. If t6e total of t6e ps~~menb made by t~he Mortg~gor under (a) ot parageaph Z p~+ecaeding ~hall e:eeed ths ~
• amount of ps~nnwt~ actuaU~ made b~ the Mortgagee, ~ tru~tee tor gnonnd reat~, t~sa and ~eera~enb, sad
insursaoe pramiuu~s, ~ tbe c~us ms~ be, such e~cceM rhall be credited on sub~equent paymAUb to be m~de
~ b~ the Mort$ag~r tor such it~ew or at Mortgagee'~ option, ~s tsnstee ~6all bs refyaded to Mortgag~or. U~
i howeoer, wcb montbl~~paymeats s~all not be a~cient to pa~ ~uc6 item~ whea the aa~e r6aU beooms dus
' ~ P~7ab~e, tLen the Mortg~g~or shal! pay to the M as tsu~tee an~ aonouat neoee~ar~ t~o mak~s up j
f O.Ra~ll~ f~Ci~7~7
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