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Home My WebLink About0636 f Tu HAVF nxp mo NoLn t.he same, ~4E;E'LF1PC K~ith all an~i sinKulnr ihe tPnen~ents, hereditement9 snd appur- ~ tNnanc~a thrreunto tielonging ur in anvK•?~ a?~pertainin~, an~! ttYe r~version and rev~~rsions, rem~?in~ier or re- I inaindera, and ~lac~ all the e~tate, right, titlc, intrre~sf,, homratend, tio~~er xnd ri =ht ut doH•rr, st~parate estate, ~ poaaessiun, claim e?nd demand wh~tsoever, na wel! in law as in equity, af thr aaiJ ~tort~n6or ia ~ncl to the sarne, and e~•ery pxrt th~reof, a•ith the spp«ria~~ani•es of the said ~1ort~x~or in nn~1 to the same, xnd every~ part en~i parcel therNOf unto the eaid Mortgagee in tca simplc. The ~~Iortga~or hereby covenants with the ~iurtgHgee, thnt hc ia indNfensibl~• seized ut said ldnd in fee simple or such uther eatate, ?f an~•, as is stated herein; tl~at he h~s tull power and law~Iut rig~?t to canvcy~ t}ie. same as aforesaid; that the land is free from s11 encumbranres exee{~t ns herein otherwisr recitel; thet. said ~ltoregagar will make such further asaurt?ncea to prove the aforeseid title to seid land in said liort~;agec e~ may be rea~n- ably req uired, and that eaid ;~iortgagor doea hereby fully warrant the title to saici lKnd, e?nd every part ti~ereof, snd wzll defend the same against the law~ful claims of all persons whomaoe~~er. PROVIDED ALR'AYB LZ1BL lf ~}18 1lortga~r shHll pay unto the 4'Iort~x~ee that certain prnn?issori~ n.~te, af which the follow~ing is ~ subatantisl capy, tq W~it: ~ 14,350.00 Fort Pierce , Florida. May 27 , lg 65 • FOR VAL[JF, RECEIVED~ the unciersi~ned prnmise(s) to pay to the orc~er of " ~ Adrninistratur of Veterans' AffAirs, An Officer ot the United States ~f America and hi$ successors in such o~,f u h, anc r their assi~ns, the princi al sum of FOURTEEN THOUSAND THREE HUNDRED FI~"P~ ~ not~~8~- - D~pA 14 3~0.00 K~ith interest from date at Ehe rate of f7.Ve and Orie-fourtY~,er centum ( ~~~J~,) per annum on t}ie iin~peid balance until paid. The s~id principal ar~d inten~st shall be paynble at tht ~Zfic~c Uf She Loan Guarantv Officer, Veterans Administration Re~ional nffir~•, in St. Petersdurg, loY'ld3 , or at suc~ other place as the holder may de~.gnatQ in writing delivered or mailed t~ t.he debt~r, in monthl ns lm~nts of Nine~y-six and 7Z/lOQ' - - - - - - - - - - 6~ollars (s ) commencang on the first day of r July , 19 , and continuing on the first day of each moi?th thereafter until this note is fully paid, except tht~t, if n~t sooner paid, the final pay~ment of princ~al and intPrest ahall be due and payable on the fi~'S~ day of June , i9 8~ . Pri~ ilege is reserved to prepsy at any time, without premium or fee, the entire indebtedness or any part thereof not less than the amount ~f one installment, or one hundred dullat~s ($lOQ.00), whichever is less. An~ prepe~yment made on other than an installment due date w ill not be rredited until the next follow•in~ instal(ment due date. If any deficiency in the pa1 ment of any inatallment under this note is not made good prior to the due date of th~ next such installment, t~e entire princip~l aum and accrued interest shatl at once become due snd pay- abte without notice at the option of the holder of this note. Failure to exerciae this option shall not constitute a waiver of the right to e~erc~se the same in the event of any subsequent default. In the event of default in the payment of this note, and if the same ia collccted by an attorne,y At 1~~, the under~igned hereby Qgree(s) to pey all costs of rollection, including a reasonabte attorney's fee. This note is given for purchase money of real estate and ia secured by mortgage to secure debt of e~-en date herewith, given arid rlelivered by the undersigned to pa~ ee on certain real propert.y described therein. Presentment, protest, and noti~e are hereby waived. ~ /s/ THOMAS CABLE SCate Documentary Stamp s in the 'r`h as Cable l~F:~L~ amount of $21.60 at~.ach.ed to ~s/ EDNA S. CABLE original note and canceled. Edna So Cable- [SF'.,L~ ~ - - _ ~SE:AI,~ - IsF:.,~,] And ~hall duly, promptl~•, and fuil~~ perform, discharge, exc~cute, etTect, com~lete, anc! compl~~ i~•it}~ and abic~e bg each and e~•erv the stipulations, agref~ments, conditians, and covensnts of said~ promissory note and of this mortgage, then this mortgage and the estate hereby created shall cease and be null and void. ~ The ~TQItbPnQ?' fi~rther ~orenRnts a.q f~ll~w3: 1. That he w-ill pay the indebtedness, as hereinbefore provicied. Pri~~iiege ia reserved to prepay at any time, ' without premium or fee, the entire indeUtedneas or any part thereof not l~ss than the amount of one installment, ` or one hundred dollars ($100.00), whichever is lesa. A.ny prePayment made on other than an installment ~ due date will not be credited until the next foll~wing instellment due dete. ~ 2. In ordFr more fully to protect the securitv of this mortgage, the `fortgagor, together with, and in addi- f tion to, the monthlv paytnents under the ternls of tl~e note serured hereby, on the installrnent due date day of eac:i n~onth until the said note is fully paid, xill ~,ay to the 1lortgagee as truatee (under t.he terms of this trust as hereinafter stated) the follow-ing sume: (a) A sum equal to the ground rents, if anv, next due, plus the premiums that w:ll next become due and . pay able on policies of fire and other hazard insurance cuvering the mortgaged property, plus taxes and assessments next due on the mortgaged property (all as estimated b~ the 1~ort~agee anc~ of which the ~tortgRgar is notified) less all sums slready paid therefor divided bv the number of months to elapse before one month prior to the date when such~r ound rents, premium~, tsxes, and tlssess- ments w'iIl beco;ne delinquent, such sutus to be 1?eld by L~ortgagee in trusL tu pay said grouncl rents, premiums, taxes, and special assessmenks_ (h) The a~gregate of the amounts payable pursuant to subparagraph (a) and those payable on the nate secured }iereb~-, sliall be paid i~ a single pnyment each month, to be applieci to the foilow~in~ items in the order stated: (I) ground rents, taxes, a.~essmerlts, fire, and other hazard insurance pr~miums; (I1) interest on the note secured hereby; and (III) xmortization of the principal of said uoLe. ~ny d~ficienc~• in the amocnt of such aggre~ate monthlv pa~ ment shall, unle4s made good by the \lortgagor prior to th~ due ciate of Lhe nest such psyment, constitute an event of defa~~lt under this mortgAge. At hiorigagee's o~tiun, :~tortga~or ~~~ill pt~~ a"late charge" not exceediag four per centum ~4~fo) of any install- ment when pa~d m~re than fifteen (15) ria,ys after the du~ date thereof Go cover the extra exper?se in~ ol~ ed in handling delinquent pa~~ments, but such "late charge" sha~l not be pa~~able out of the pmceed~ of any sale - made to satisfy t}~e it~~ietitedness secured hereb~•, unless surh prcceeds ar.e suflicieiit to ~iischarge tt~e entire inc~.~btedness and all proper costs and expenses secured hereby. If the totHi of ttre ~at rne:its rna~ie h~• the 11ort~xgor under (a) of parn<~rapli Ure~~edinri shall etceed the xmourit of payments actuall}• nuic~e h~- the~~lort~agee, as trustee fQr k•round rents, ta~es and As~e~sments, and insurai?c•e premiurns, as thc~ casc~ ~n~s~- be, sueh exee~ shKll tae credited oi? subsequent pay ?i~ents to be ti~ade h~- tlie itort a<~or fur siic•h ite,iis or, at L1ort~a~ee's option, as trustee shall he refuricind to Zfort~,raror. If, ho~•P~-er, suc~ nionthlc- pa~•rnentR st~all IiOt })P SL'~iClPIl~ f0 pri~' ~uch items khen the sarne ~hRll be~ome due t~n~! pxti•able, then tlie \lortgagr~r shHll pa~• to tlie \lart a~ee ~q trust ~ nv a~r~ount r~ec~essKr}r to m~~ce u~ ~`7 ~ .