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HomeMy WebLinkAbout1882 ~ To Hs~s ~rm ro Hoi.o the san?s~ toq~ther wi~h ~`and dngul~~s t~enemeab, heredita?meata aad ~ppue~ ~ Lenanaes t~?ereunto belongi~ os in aµ~?w~e appertaiai~.g, wd ths revecsioA and revenions, rsm~?indee or rs- ~ waiaden~ i?nd ~Lo ~ll Lhe at~te~ ~ht,~ tatle~ interes~~ homestead~ dovrer ~nd ~R ot dower, aepiuy?te eatate~ 1 po~ion, clum ~ad deaaand wb~t~wever, ~s weU in bw as in equity~ ot t~ s~ic! ort~a~or in at~d to ths wns l ~nd every p~r~ thereot~ with the ~ppurtenance~ oi tbe a~id Mortgagor in and to the suns, and every put aad f p~rcel thereof unto t~s uid Mort~agse in fee ~unpla. ~ Tbs Mortgagor bereby oo~enants with tLs Mort$~ee, th~t he i~ indeteasibly seised oi uid land in tes simpls or ~uch other atat~e ~t auy ~s ia stated hereiu; ttia~ he h~a full power aad l~wful t to oonvoy ~the s~me as dorewid; Wu?~ the Iand ~ lres ~rom ~11 eacumbranco~ exoept as herew oti6erwi~e recitea; tb~~ s~id Mortg~gor . ~rill make such furtLer ~wuraaces to provs t,he ~fore~aid tatle to suid l~nd in s~?id Mortg~gee ~ m~y bs reaeon- ~req uired, and th~t ~aid Mor~or does hereb~ iull~ warran~ ths title to s+?id l~nd, ~nd~every part thereoi~ ~nd wiU defend tbe wne a~?in~t t~he I~wiul d~ims oi a.l per~ow whoauoever. . P~eo~nasa At.w~Y~ th~ti ii the Mortg~r shall pty unto the Mortgag~es th~t oertain promieecry note~ oi wbich the follcw~ing i~ a~ubstanU~l ooPY, to Mri~: i 7, 800. 00 Fort Pierc , Florid• . May i7, ~4~66 . FOIt VALUS RsCSIVSD~ the unde~ip~ed promise(s) to p~y to the order of ~ , as Administrstor oi Veteraas' ABsirs, an O~cer oi the U' ~~a.t~9j ~jp~~a ,~pd~ sug~o,~g auch tTice~ ~,,~h, and his or their aesigas, th4 oi ~~Y~IV THU~f`~A1VU L1Q~T tIU1VDKEU anc~ no~00- Do ars (i/,~~uV.u~ ~ wish interest fe+om date at the rate oi five 8nd one•h81f per centum ( 5~ per annura on the u~np aid balaace until paid. The anid princi snd inteirst ahsll be ~yable st the o oe ot the Losn (iusreuty OS'ioer, Veter~na Administr~tion Regional ~cs, in St. Pe~ersbur$ ~ Florid8 , or at auch other place as t6e holder ms ats in ~?riting dslivered or m~iled to the de tor in monthly instulimenta oi ~ Forty-aeve~a and 9~~1~- - - - - - - - - - - - - - ~ollars(=47.90 t oomm c~ng on t,6e first day of July , 19 6, and oantinuing on the ~ ~iYSt day of euh month thereafter until tbia note is iully paid, except th~?t, if no~ sooner paid, the fin~ paymeat of principal aad interest ahall :~e due and pay~ble on the first da,y ot June ,199]. . priv~e~e is reserved to prepsy at aay time, without premium or fee~ the entire indebtednese or any part thereoi not leas thsn the amount oi one inetaltment or one hundred dollare (i100.00)~ whichaver is leae. Any prep~yment made oa other thw an iastaUment due ~ste wiU noL be cTedited until the next following inatallment ~ due date. Ii any deficienay in the psyment oi any installment under this note is not made good prior to the due date ~ of the next such inataliment, the entire principal sum aad acerued interest shsll at once beoome due and ~ay- ~ ~ble ~vithout notice at tl~e optiou of the holder of this aote. Failure to exercise this optioa shaU not oonat~tute a'vaiver of the right to euemise the same in the evez?ti oi any subsequent default. In the event of def~ult in the i p~ymeati of tLis note~ ~nd ii the same is oolleated by an attorney ~t l~A, the undenigned hereby agree(s) to ; pay all ooets oi ooUection, including ~ reason~bla attorney's iee. Tbis note is given for purchase money of real estate and is seaured by mortgage to secure debt of aven daLe here~vith, givea ~nd delivered by the underaigned to psyee on cer~ain real pmperty described thereia. Presentment, protest, and not~ics ara hereby w?aived. State Document S s in the /8/ G~r ~gEAL~ ~ amovat of $11.70 attached to ~~ey ~=ant~ ~ ~s/_ MILDRED- G,~--GRANT-------- ~ original note and canceled. Mildred G. Gran~t ~~~e~~ ~ (gs~+r.] ~ [sanL] ( And ehall duly, Promptly, and iully pecform, discharge, execute, effect, complete, and aomply with a:?d •bide b~ esch aud every ~Lhe stipulawons, sgreemente, condiWons, and covenanta of suid~promieeory note aad of tbis mortgage, then this mortgaga and the est~te hereby crested shall cease~ and bs null and void. The Mortg~gor further oo~eaaata as follow?s: 1. Th~t hs w?~1 psy the indebtednees~ ~s hereinbefore provided. Priv~ege is reserved to prepay ~t aa tims, witiwut preminan or fee, the eatire indebtednees or aay part tbereof not lees thsn tbe ~m~ouat of oae u~s~t, ar oae bundrad dollare (~~00.00), w?bichever is lees. Any renayment made on other tbaa an in~t~aUn?ent due dste will not bs credited until the nest tollo~ving ins~t due date. - - J 2. In order more fnlly to protect the security of this mo ~ge, the Mortgag~or, togethar with, sad in sddi- tion to, the monthlp psyments under the terms o# the nots sTi~:uFed hereby, on t~e inst~llment due dste day ot esch month wnti2 the eaid note ia fully paid, ~vill psy W_ the Mortgagee as trustee (under the terms of this truet aa hereinafter sbted) tLe following sums: - (s) A sumequal to the grouad renta, ii any, ne:t due~ plua the premiums that w?ill nezt beoome due and psyable on policies oi Sre and ot~her bas~rd inanrancs oovering the mor pmpert,y, Plua tases ms and asseesments nezt due on the mortgaged pmP~e*tY (all as estamstRd~the Mortgagee and oi w~ich the Mortgagor is notified) lees aIl sums already paid therefor divided 1 the number of montLa to elapee before one month prior to the date when such~g~+oeu?d raats, pramianas, tues, and aesees- ments ~?ilt beoome delinqueat, such sums be held by Mortgagee in trust to pay said ground renta, preminms, tanes, and special seaeasments. (b) Thea~reg ate oi the amounta psysble pursuant to subparagrsph (s) i?nd thoae payable on the note eecured hereby, shall be paid in s singie psyment each month, to be applied to tbe following items in the order s[st~d: (I) 6c~onnd renta, taies, asseerments; Sre, aad otLec-has~rd inanraaoe pre~iums; (II) interesti on tbe note secured Lereby; and . jIII~..aanortia~tion of the priacipal of aaid note._ Any de~cib~f in tLe amount of auch ~ggregate mont,bly psyment shall wiless made geod by the Mortgagor p_rior ~o the dne dstb af the next auc6: gatyment cwnstitute sn eveat o~ deisult under th~a mortgage. At M~rtg~g~'e option~ Mo~tgagor will psy a'Lte c~srge" not ezoeeding four per centum (4%) of any install- ment ~vben paid more t~aa- ~fteen (15) dsys dter tLe due date thereof to oover the eztra expense ~avolved in handling delinqueatpsyments, but such "Lte charge~" s6a11 not bepsyable out of the proceeds of any sale mada to satisfy the indebtedneee eecured hereby, tinlees auch proce+eds are su6scient to discharge the entire indebtednees aad all propet c,osts aad ezpenses secused 6eteby. 3. If the total of the ps~ymenta msde by t~he Mortgagor under (s) oi paragrsph 2 preceding ahall euceed the emount of ps~anenta sctually made by the Mortgagee, as tauatee for ground rents, tsxee and aeeeesments, and inaure?nca premiums, aa the caee may be, auch eacees ehalt be creaited on aubsequeat payments to be mude by t6a Mortgsgor for such iteme or at Mortgagee's optaon, se tivstee shall be retunded to Mort~sgor. If, ho~vever, auch munthly~ psyments sf?all not be su~cient to pay such items ~vhen the same ahali beoome due and payable, then the Mortgagor ehall psy w th~ I~o as trua~'~° y smount:aeoiess~ to mslce up - ' QOOK ~.YV OV ~ „~1.~ _ ~ ~ . _ _ _ _ _ - ' : - :R_~ - ~ 4.~~:~ ~ . , , ..K,.. _ ,~-r~~