HomeMy WebLinkAbout1391 • S ~ •
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To Hwvs ~~u ro HoLn t~hs waas. toqetl~er wif~h aU ~ 1~fngul.e Ws~t+s. hee~edit~aeats aad appuF
tsnsnces tbereuato bel~ ot in anyw~s apPectainin8, ~nd tbe rsvenion wd reve~sio~ir. rsaa~in~ec or rs-
maimiera, and, ~w all tbe atata~ ri~ht, titis. ~ntee~es~, bomest,e:d. dower and ~t ot dow~, ~span?t~ eatate,
porerion~ clwn ~nd demand what~oa~sr. as well in Li? as in equi~~. ot t,Us w?id o~~~oc in ~od to tbs ~ams,
aad e~ery part tl~ereot~ wtfh ~he ~pPurteaanoes of fb+s aiid Mortgagoe in and to tbe wne, and evar~ part md
parod thareof uat~o the s~id Moslg~es ia fes siu~ple.
~ Tbe biort~~go~e Lersb;? oovanaats with tbe M~rt~~es, tb~i hs is iadetes~i~ ~eised of sa~d land in tes
~ ~im or sno6 ot6er est~~s it any as is s`ated he~+ein ~ tlu~~l~s h~s tull powec and l~w ul to oa?~e? ~ths sams _
as ~it~id; tb?a~ tLs l~nd ~s tres ~rom ~11 mcu~nbranoes exospt ~ hsrein oeherwLs rsoi ; tb~ s~id Mortga~ot
will make wah furtl~ee s~sur~ncss t~o prove tbs ~toresaid title to s~id land ia a?id Mortgag~ee ~ may bs rs~son-
ab~reg and that s~id bi ~tg~ar doe~ bereb i wa:rant t~hs ~itls to ~aid iwd, and eveep p~rt theceot~ ~
and w~71 d
t~end W~e ~ame ~ai~u~
t t~he law~ul ~daim~yoi~ penons w~hom~oe~ee.
p~wnas~? L~.w~~rs tha~ it ths Mortgag~or ~hall"Pay unto t~e Morigag~ee tlu~` ca~tain prom~o~l not~s~ ot ;
whkh t,hs tdbwring i~ ~ wbtwuu ooPY, to rn~: ~ ~
b° Fort Pierce ~
= 10,800.00 ,
July 1~ 66 ~ ~
1~'o~t VwLVS Rscstvsn~ t~he uAdeni~~ed_promi~e(s) to to tLs order oi
- h~'u~or their~~~ A~~irs, an O~csr oi ~
Unit,ed 8tates o~ aa~d lu~ sua~eroer jn such wch,
~gg~ n ~ ~ • w • ~ ~ ~
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a-_~~ts oifive~andn~ ree•faurt~ cenw~m ~F+ ) per:nnum on ~he
~iatanati
vin~.,~ balanos un~7 p~id. TLe wd psiAa~t and in~e~s~, ~be ~ls at ofQ tt~,Loan f~uaranty
O~oer, Vet~w Administration Aegional ~ae, ui S~ ~Pste~~g, ~lor°~ a~ o~ at wah
other~t,~ a~ tbe Loldar d~'
ein writin$ deli~ere~ or na~iled ~o tbe debt~r in mionLhl~~~ta ot
3'L'RT~t=SS'V~I ~S~L~t~- • - - - ~ - _ _ • • ~ ~ •
oa~e~an~ on tLe. ~ir~ da~ ot 1~1~8~t b~, .nd~oont3nuin~ an ~
a fi=st daj of ew~? montl? t~Lesedtes unt~ tius note is fuU~ paid,e~cept Lb~, ii n~ui ~ooner
P~: tba 8a~1 paymeu~ oi princip~l and interest shall be due ~ad p~ysble oa tbe xi7cet d
yr d
Julq ,19 91 .
h
n reser~ed to p~+ep~y at any tiims, witbouti premium ce fee, the entu+s in~debtedneM aa~ aa~
ZLee~eoi~ tlun tbe amouut oi one inawlment, or one hundred doUa» (=100.00), ~rhicLe~er is lee~.
L
pe+sp~ymeat *_n~rde on otber than an inatallmen~ d~ date ~rill not be cndit,ed nnt~ the ne~ct~ follo~ring instsUmeat
d da
If my de8cienay ia t~hs pavment of my installment under this note ie aot made g~ood priar to t~e due da~s
~t t,~e ne~ ~ch insta~meat, tfie entirepr- _cipal sum and ~cx~rned intee+eso ~b~U oaos beooms due and ~sy
abls without notioe at tbe option of t~Le hold~er ot ~hi~ nots. Fa~ure to stoercise t~op tion shall not~ oonsytuts
Le
a w~i~ee aj ths rigLt tA e~ise ths wne in f~e erent of aqT ~ub~quen0 defaulk - Ia.ths e~eat oi detsWt ia t}?S
. p~y~n! of t~hu no~s, ~d ii the Mme is oollected b~ an s~to~~ at law; the unds+~i~ued hereb7 ~ge'es(s) to
pay ~11 oosh of ooUeation, inolqding a rs~so~nabls ~tt,c~nsy's fes. ~
TLis nots ia given for~ purcbase money oi re~l at~ats aad ~ ~e~+ed b~ mortgage to secure debt oi e~en
dste h~awitb, given ~rd d
e
l
ive~red by ths uadersigned to payes oa o s
r t~
i
a r
a~
l propert~ d a`~
r
i
b e d t
b e r
e
i
n.
Pre~eatmea~, P i'
o t
e
s
6. ~?ud noti~e are hereb~ wai~ed. -
~'V '
State Docu Stamps in the [ssnL] -
amaunt of 16.20 attached to
~_'I~olierf"~: ~Iiller "
original and canceled. ~ ~
s~?
[a~?~l
[s~+z.J
And ahall duly, Pmmptly, sad fully pertorm, discharge, enecute, e~ect, oomplete, and comply with and
, abide by each and every ~the stapulations, sgi~eements, aonditiona, aad ooven~nte of aail~ pmmieeory note and
; of tLis mortgage, thea this mortgage aad the est~te hereby created ahall oe~se and bs nuIl and roid.
I TLe Mortgagor tnrthe~ oovenaats ~s follows:
j 1. 17ut he will psy t~he indebtedne~s, ~s Lereinbef~+s provided. vi1egs ~~s re~ervea to prepa~ ati aa tima,
~ withou0 prewium or iee, the entire indebtednesa or any part tbereof notip~l.ees t~haa the amount oi ons ins~t,
~ ar one hundred dollats (i100110)} ~vhirLever a lees: AaY ~P~Y~t made on otLe~ than an i~stallmenti
~ due date will not be cradited untl the nezt ~ollowing insta~lmeat due date.
~ 2. In order more fuUy to protect the eeaunty of thia mortgage t~e Mortgag~or, together with, aud in addi-
~ion to~ the monthlp papments_nnder tTte terms of tba note ~ henby, on tLe installment due date day of
esch month until the aaid note is fully-psid, will psy to the btortgagee u 4~ate~ (under,;the terms of this
Lruat as hereinafter atated) the follo~ving sums: - _ -
(a) A sumequal to tLe ground rents, if anp, ne:t~ due, plus the premium~ that will ne:t beoomelus tazes
p~yable on policies oi Sre ~nd other basard ins~uaaoe eoverin8 the mo pr-oper Y. P
.na .eeesemeats nert ane on the mortgagea pmP~~*~y c.u as escim.Lea~the Mo
`rtgagee ana of
which the Mortgag~or is aotifled) les~ ~D sums ~lre~dy paid therefor divided the numDqr ot montbs
to elap~e befors one month prior to tbe dat~e when wc~~gi~ound rent~, pramiums, taxe~. and a~-
meata ~vill beoome deliaqvant, sucL sums to be ~re~d by M~rLg~gee in ~urL to p~y Mid gx+~uad ren~,
premiumy taxe~, and speoial are~eme~Dt~.
(b) ~~~b the amouab ~y~ble unn~nt to wbparagraph and tbpse pay~ble oa tbe not~s
y shaIl be paid m a angle payment each moath, to be applied to tbe following ite~os
in the order atated:
(n ground reata, t~uces, ~eMa~aata, Sre, ~d ot~ ha:ard insutanoe premiums:
(II) interest on tbe note ~ecured Lereby; and
; (III) amostis~t3oo of thec~riricipal oi sa~d nota :
' Any deficiency in the amoulnt of su ~ste mont.hty payment slull unlesa mada g~ood by tbe Mortgagor
p_rior to the due dstb oi the neati such pa~rnent oonstituts an eveat o~ default under t~us moetgag~e. At
Marl;gagee's option, Mortgsgor will pay a late c~arge,• not e~eeeding four per centum (4%) oi wy mstall-
ment wben paid mors thw fifteen (15) day~ atter ths dne dats tb~ee~eof to oover t6s e=tn e~pen~s in~olved
pi+oose s
ia handling delinquentpaymenb, buti sueh'=1st~e ' s6all not bspay~~bls ont of the p~+ooseds oi sa~ ala
mado to wtidy ths indebtednees ~ecured he~eby~ er ~uch prooesds ~re w~ent to. daabar~s ths eatire
indsbtedne~s and all propet cats and aspe~es ~eaured h~sb~. ~
3. If tbe totil oi tbe pa ent~s msde by t~he Mortgagor undee (a) oi paragnph Z preoe~ding ~hall es~eed ths
smount ot psyme~ts actually
made by t.'~.a Mortgagee, as tr~stee ior gi~ound reab, tases aad we~ta, ~ad
in~uraace premium~, a~ the ca~e msy be, ~uch ezoe~s ~6a11 be credited oa sub~equent pa~meab ~o be made
by the Mortgagor tor such items or at Mortgagee's option, a~ trustes ahall bs rstunded to M .,,j#~ x
ho~vever, sucb montLly~psyments e~all not be •su~cie~t to psy such item~ when the ~ame ~haII~~
QId
and payable, then the Mortgsgor aheill pay W the Mortgagee as trustee aay smount neces~ar~ _ p
60GK 1JV ~
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