HomeMy WebLinkAbout1058 To Hs~s Aten ro Ho~ the swme. to&rthe~ wilh ~11 and singulwr the tcnements, heredit~rn~uts ~ad ~pj~uN
te~~n;~es thereunto belonging or ia anywise ~pPe~tiitiing, ~ad the reverai~n end reveraiona, remainler er e+e-
mainders~ ~nd eLo aU the estate. righ~, title, uiter~s~. hom~tead. dowec und ri~hl u[ duv?e~, aep~te estate~
posseesion. clai~n a?nd demnad wh~teoever. ~s well ip lsw as in equiLy, ut tho s+?id Ato~tgsgur in u?d 1,o t,he sa~ne t
iaed R~ ery purt thcreot~ with the appurteunnces oi the a~id M~rigagor in st?d to the same, ~nd ev:.ry p~?rt and j
parcel thereo[ unto the~ said Mort.gagee ~n tee eimple. ~
'The Mortgagor hereby covenante with the Mortgsgec. t,hat he is iadefeasibl seised of said land in fee
aimple or such other estace. d any aa is stated herein; that he hsa full povrec and lsw~ul right to couvop ~the s~aee
se aforeasid; that tho land is tree ~rom all ancumbnacoa excep6 aa herein otherw~se r~:iced; tb~t said Mortgagor
~vilt aaske such turther sesur~nces to prove the ~for~aid title to ssid laad in si?id Mortgagee as msy be reason-
~bly~g virr~l, und thst ssid Mortgagor does hereby fullq wurunt the title to seid lsnd. ~nd a~•ery put thereof,
and wNl defend the asme ag~inst the lswtul cl~?ima of a11 p.rsons whom~oever.
Pitovtasa A~.~reYS ih~t it the Mort{;agor ahell pay un±~o the Mortg~ that certain proniissory note~ oi
which the~ follow,tig is s su'ostantial copy, to vr?t: ,
= 16, 350. 00 FORT PIER19 6b, Fiorida. ~
NAVe~nb~~
FOR VALUS BECEIYED~ the undersiEtned promiee(s) to p~y to t6e ordet of
Administrutor of Yeterans' ABaira, an O~'ioer of the~
e u u• us aucb~ sn h' or their assigne, the n ot ~
~ ~ `~~~`t~ and no~l~0- - Dotly~a (s ~g,~~ ,
with interest from dste at the rate of Six per centum ( b%) per annum on the ~
u~n~p~id b~lsnce until paid. The ssid principal and internst. a~i?U be~syable at ~~oflicp Qf the Lasn (3usraaty ~
Oft'icer, Veterana Adminiatration Itegional Office, in St. rete Sbtlrg, oY'1a8 ~ or at such ~
ocher lace as the holder msy d sS~ in writing delivered or r~cisiled to the debtor in monthl enta ot
ON~ HUNDRED FIVE an~b/100- - - - - - - - - - - - ir~u,~ ca i~:~~ ~
0oa~ cin on the first d~y oi J$t1t~y - . 19 67 ~ and oontinuing on the
tirs~ dsy of each month thereafter until t~us note ia fully paid, except thst~ if not sooner
paid~ the Snal psyment of princi al and interest ahsll be due und payable on the first dsy of
December , i9 9~.
privilege is reeerved to prepsy at any time, without premium or fee, the entire indebtednesa or any put ~
tliereof not lesa than the amount of one installment~ or one hundred dollars (t100.00)~ whichever ia le.ss. Any 4
prepayment made on other than an installment due date will not be credited until the nea6 follov~-ing installment ~
due date.
If any de6ciency in the psym ent of anp installment under this note is not made good prior to .the due dste ,
of tLe next such installme.nt~ the entire pruicipal sum and sc.~:rued interest ahull st onca beoome due end psy- ?
sble ~vithout notice st the option-otthe holder ot thia note,. Failure to eacem.ise this option ahsll not oonstitute
s waiver of the rigLt to exercise the same in the event of sny eubsequent def ault. In the event of deisult in the
payment of this note, and if the same is oollected by an attorney at law, the undersigned bereby agree(s) to ~
psy aU co~ts of collection, including s reesonable attorney's iee. ~
1~is note ia given for purchase money of real ~etate and is eecured by mortgsge to eecure debt of even -
date here~vith, given and delivered by the undeisigned to psyee on certsin real pmperty deecribed thereia.
Presentment, pmtest~, and noti~e are heir.by waived. .
State Documentary Stamps in the /s/ LEWIS A• ~~+~5~ ~SEALJ
- - - -
amount of $24.60 attached to ' " ' - " "
Lewis A. Raulerson
~ original note and canceled. _~s~. ALBERTA_L. _
RAULERSON________ ~BE,,L~
Alberta L. Raulerson
[B~LJ -
' ~ [s~L~
And shall duly, promptly~ _and .fully pertorm, dischsrge, execute, ef~ect, complete,-and comply R~th and
sbide by each and every the stapulations, agreements~ conditions~ and cavenanta of ssid~ promissory note snd
of thia mortgage, then th~s mortgage and the estats hereby created shall ceasa i,nd be null and void.
T6e Mortgagor further eovenents sa follovcs:
1. That he will psy the indebtedness, as hereinbefore provided. Privilege is reeerved to p=epsy at an time,
~vitLout premium or fee, the entire indebtednesa or any part thareof not less than the amount of one ins~ment,
or one hundre~ dollara (i100.00), whichever ia less. Any p~repayment made on other tLaa an instaUmeat
due date will not .be credited until the next following installment due dsts. - _ ~
2. ln order more ftilly to pmtect the security of this mortgage the MortRa~or, together wit:~, and in addi-
tion to, the monttily psymenta under t~he terms of the note securc~ hereby, on t~e inatallment due date day of
each month until the sa~d note is fully paid, will pay to the :~iortgage~ sa trustee (under the terms of t6is
trust as hereinafter atsted) the following sunis:
(s) A sum equal to the ground rents, if any, next due, plua the premiums that will next become due and
' paysble on policiea of &re and ~ther hazerd insurance coveru~g the mortgaged property, -plus tsaes
and aeeessments next due on the mortgaged prop~erty (all aa estimeted-by the Mortgagee end of
which the Mortgagor is notified) lees all sums already paid therefor divided b~ the number of montha
to elspee before one month prior b the date when suchground renta, premiums, taues, and asseas-
menta will bec~ome delinquent, such suma to be held by Mortgagee in ti'ust to pay ssid ground rents,
premiuma, taxes, and apecial ~essmente. •
(b) The aggregate of the amounts psyable pursusnt to subparagraph (u) and those psyable on the note
secured hereby, shall be paid in s aingle psyment esch month, to be applied to the following itema
in the order ststed:
(I) ground rents, taxea, aaeesamenta, fire, and other Lazard insurance premiums;
~ (II) interest on the note. secured hereby; and
(III) amortizstion of the principal of said note. .
~ Any deficiency in the amount of anch aggregate monthlv pay-ment shsU, unless msde good by the Mortgagor
pr~wr to the due datg of the ne~t such payment, constitute sn e~ent of default under this moY~gage. At
Mortgagee's option~ Mortgagor Will pay s"late charge" nat ezceeding four per centum (4%) of any inatall-
~ ment wLen pa~d more than fitteen (15) days after the due dste thereof t,o cover the ea~tra expense ~nvolved
in he~ndling del;nquent psymente, but such late charge shall not beps
yable out of the proceeds of any sale
made to aatiafy the indebtednesa secured Lereby, unleas sucL proceeda sre au@'icient to discharge the en~ire
indebtedness and all proper costs snd expenaes secured heraby.
3. Ii the total of the ~Sa~ymenta made by t~he Mortgagor under (a) of paragraph 2 preceding ahall exceed the
smount of payinenta actually made by the Mortgagee, aa trustee for ground renta, tazes and sasessmente, snd
insurance premiume, as the eaee may be, auch ~cees ahall be credite~ on subaequent psyments to be made
by the Mo~r for auch items or at vlortgegee's aption, sa trustee shall be refunded to ylort,s~ag~or. If,
however, auc monthly papmente s~all not be euff'icient to pay such itema when the same shall beoome due
snd payable, then the :~iortgagor shall pey to the :~fortge~gee aa taruatee anp amount neceeeary to mske up
~~~59 ~ 45~
: " ~ ~ X`.~'.K°y.,f.~ r,~+w. :7~ ~ :"f. - ~ ry~`y.`" .
~ a~ r
'
- ~ ^ _
50~_~~eT''~'PV.:- . .