HomeMy WebLinkAbout0323 lU [1+~Y~ A\D 7~` l~u~,p [ile ~~Il~, ~uk'r'u~c~ w~~R ui eu~u ru~Ku~wc u c aa-ua-~aruai~ ucic~a~a ~ucuaa sun~ a~~}iui-
tr~~au.~rs thrn u?~~ ~oitginK ur [n ~?nyv?•i~ ,~~s{~ertainin};, und tl~r n•ve~iun aud n vecniuns, n•i~ixir.:lr~ ur m-
Ipl!ltiti!lli. 8t~t! Nl, al~ I~IC E'Sl11IP~ Cl~fll~ tf1~4?~ Illt~`[l~dl, j10111~'3lt•li~~~ ~~O?Yt~~ Rlit~ f'l?~t~ u( I~ONN~~ Sk~~?rate rstale,
poa3c~siun, c•lain? ,u~d dem~e„d whs~s.~e~ er, ~s v? rl! in l~w as in equity, ut tl?c ~i~l ~iu~tghb~ur in u~ to the ssn~e
ettd e~•er}• p++rt ~hra~uf, v?ith the apNurtNnan~rs ui the said ~tortgNK~r in and to the s,?~ue, nnd e~~r~y pNrt ~ttc~
patrel thereof unto the said ~turtgager in tee simpl~.
T4~e ;1lortgx~ur liercby co~ruar?ta w-ith the ~1ortKs~rP, thNt he is in:tPte~sibl~ u~~z~ or ~;a i~a r~
simple ur surh ather rstatP~ it any, u.c ia statrd 1?emin; that Ite he?s full power ~nd iaw~~~i rigl?t t~ c~on~cr the saute
- as e~foresaid; that tha land ia fcee (rum ell encunibranres Nxcept as herein olhecw•i~ n~cited; that s~id ~1o~tgagor
wilt make si~ch I~irther assurances to pro~e the ~foresaid title tv said land in si?id ~iurt~Hgce as may b~i rcason-
sbly required~ and d~et said \torlgaKor does hernby fuliv warr~nt ihe title io saiii 1Knd, and N~er~ pa~t thPreof,
snd w-ill detend the sune ageinst the law~ful claims ot ~11 persons wuomsoeve~.
Pxovin~n ALw:~Ye that i( tl~e ~lortgagor shnll pay unto the ~iortgagee thst certein promissory note~ of
v?~hich tt~e t9~Q:i~eis s subatantiel copy~ to w~t: Fort Pierce
= b~ 6 U U ~ Florida .
November 3 .19 66 •
FOR VALB& RECSlVBD~ the underai~ned promise(s) to psy to the order of
Adminietr~?tor ot Vetersns' A~airs~ an Of~'icer of the
U S n ' rs in such office, Re a nd his or their assigna, the i al of .
~~4~~ ~ FIFi`Y and noy~(~- D 1 ~rs (s 6p,~S~B.(~~
with interest from dste at thQ ratr oi five & otle-fourth per centum per annum on the
u~np aid balsnce until psid. The asid principal end interc~ t ahet] be pay sble st thes c~ Qi he Loan Ciuarnnty
O~icer~ Veterana Adm~nistration Regional OElice, in yt. Petersburg, r'~oY'1~8 , or at such
other place as the holder msy d~ignete in writing delivered or msiled to the debtor in monthlp inatallraents of
FORTY-FOUR and 8Z[10p- - - - - - - - - - - - - - ~Aurs (t 44.82
commg cic~ g on the lUtfi day oi Deceznber , 19_~6, and continuing on the
l~tR day of each month thereefter until this note ia fully paid~ e cep t that, if not sooner
paid, the final payment ot princi al and intemst shall be due and paynble on the l~ti1 day of
November ,19 86p. -
Privilege ia reserved to prepay at any time~ witbout premiuni or fee, the entire indebtedness or any part
thereof not lesa than the emount of one installment, or one hundred dollars (5100.U0), whichever is less. Any
pre~ayment made on other thnn an installment due date will not be crndited until the next follow-in~ installment
due date.
If any de6ciency in the paym ent of any installment under this note is not made gooci prior to the due date
of the next such instailment, the entire principal aum and ac~;rued interest shall at once become due and psv
sble without notice at tbe option of the holder of this note. Failure to exercise this option ahall not constitute
s waiver of the right to exemise the same in the event oi any subsequent default. In the event of default in the
payment of this note, and if the sarae is collected by en ettorney at law~ the undereigned hereby agree(s) to
pay aZl costa of collection, including a reasonable attorney's fee.
This note is given for purchase money of real estate snd is secured by mortgage to secure debt of even
dste herewith, given and delivered by the undersigned to payee on certain real pmperty descnbed therein.
Presentment~ protest, snd notiee are herPby waived.
/SI CHARLES O• HINES------------------ IBEAL)
State Documentary Stamps in the
amount of 10.05 attached to ~ r~es O. Hines
$ ~Is~ DELORES K. HINES
'Qeficsr~~-~K:~-iiine~-------------------------- [sE~L)
original and canceled. ,
IBEAL~
• ~ ~ IBEAL)
~ And shall dul romptly, and fully pertorm discha pacecute eflect com lete and comply v~~th and
. P
~ abide by each and
everv the stipulations, sgreements, co
d
tions~ aud covensnts of said~ ptomissory note and
of this mortgage~ then this mortgage and the estate hereby created ahall cease and be null and void.
` The 1liortgagor further covenants as follow~:
1. That. he will pay the indebtedness, ss hereinbefore provided. Privilege is reserved to prepay at any time,
~vithout premium or fee, the entire indebiedne9s or any part. thareof not less than the amount of one installment,
or one hundred dollars (5100.00), whichever ia less. Any prePayment msde on other than an inatallment -
due dste will not be credited uni;l the next following installment due dete. '
2. In order more full~ to protect the securiLS of this mortgage, the ~iortgagor, together with, and in addi-
~ tion to, the monthiF pa~~menta under the tern~s of the note secured hereby, on the ~nstsllment due dste day o(
each n~ontl~ until the said note is fully paed, a-ill paq ta the ~iortgagee as trustee (under the terms of thia
irust as hereinafter stated) t6e follorcing sums:
(a) A sum equal,to the ground rents, if any, next due, plus the pr~miums that will next become due and
pa} able on policies of fire and other hazard inaurance covenng the mortgeged property~ plus taxes
~ and as.9esaments next due on tbe mortgaged property (all i.s estimated by tha ~~ort~agee and of
which the ~iortgagor is notified) less all sums already paid therefor divided b~ the number of montha
to elspse before one nionth prior to the date Khen suchground renta, preuuums, taxes, and assess-
~ menta vr~ll becoine delinquent, such suma to be held by Mortgagee in truat to paq seid ground rents~
y premiums, taxea, and special assessmenta.
~ (b) The aggregate of the amounts payable pursuant to subparagraph (a) and those payable on the note
" secured hereb3 , shall be peid in a single payment each month, to be applied to the follow~ng itema
~ in the order stated: '
R (I) ground rents, texes, assessmenta, fire, end other hazard inaurance premiums;
~ (II) intereat~ on the note aecured hereby; and
~ (III) amortization of the principal of aaid note.
!~n de&cienc ~n the amount of such ate montl~v s ent ahall, unless made b the bior or
~ , y y~ ~'eg P 3'~n Br~od Y ~a8
~ =~pr~ior to the due dete of the nett~ such paymen+, constitute an event of detault under this mortgage. At
~ Mortgagee's option, Mortgagar K ill pay a"late chasge" not exceeding four per centurs (4%a) of any install-
~ ment when paid more than Sfteen (15j dsys after the due date thereof to cover the extra eapeuse involved
~ in handling detinquent payments, but such "late charge" ahall not be payable out of the proceeda of sny sale
mede to satiafy the indehtedness secured hereby, unlesa such proceeds are sufficient to discherge the entire
indebtedness and all proper ccata and expensea secured hereby.
~ 3. If the total c?f the pa~ments made by the ~'Iort~egor under (a) of paragraph 2 preceding shall exceed the
amount of payments actually made by the Ziortgagee, as trustee for ground rents, taxes and assessmenta, and
~ insurance premwu~s, as the case ma` be, such e!ccess shall be credited on subsequent payments to be made
~ by the ~tort ga~or for such items or, at ~tortga~;ee's option, as t;ustee shall be retunded to ~1ort~agor. If,
~ hovre~er, such inonthlr ps~ments shall not be su~cient to pa~ such items ~rher. the same shall beoome due
~ and payable, then the ~Iort~agor shall pa~ to~tlQ ~1ort~agee as trustee anv am~unt necessary to mnke up
l EOG!(150 ~A~E J~J
_ - _ - -
- = K ~
.r~
_ ~'r~~ ~
~
~ s;~ ~
: i
_ 3,, ~ ~ -
- .c r'~ ,
~ _ ~i t~ _ . _