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Home My WebLink About1430 To Hsva ~xD ro Hot.n the sune~ t~o~ether with aif u?d singul~~ the tenementa, heredi~ameata ana appur~ tenances thereunto belonging or in anyw~se ~ppertainir?g, and the n+veraion and revecsioi?s~ rem~in~er or re- ~n~indera, and also ~1l tha ostate, nght. l~tle, irtterest. _homestead; dower ~nd right of doK e~, sepsrats eatate~ poesesaion, clsini and deraand whataoever~ ~s well in l~vr as in equity~ o~ thd s~?id Aiortgti?gor in ~nd to the sa~tne ~ud e~er~ psrt thereot, with the sppurtenuncoe of the eaid 1liortgngos in and to the sama~ aad every part un~ percel thereoi unto the a~id Mortgagee in tee simple, The Mortg~gor hereby ooven~nta vvith the Mortgagee, that he is indeteasiblv sei~i ot said lrnd in fes simple or such other estate- it sny aa is stated herein; that he hss fuU power and lswful~ t to oonvo • tha sama as ~foreaaid; th~t tAe land is lree from aU encumbrsncca except ae herein otherwise recitea; tb~t said~or will make auch inrther ~esursnces to pruve the ~toresaid title to said l~ud in si?id Mort{~agee ss raa be regaa~a ~blyreq uired, ~nd that said Mortgagur does henDp fullp w~rr~nt the tatla to a+?id l~nd, snd ave~y psr~ thereoi and will dafead the same ag~inst the lawtut cl~?itns oi all pe~ons ~rhomeoever. ~ _ Paoviasa ALw~YS thst if the Mortgagor shsll pay unta tha Mortg~?gee th~t oertsin promissary note, oi which the following is ~ substsntial copy, to wit: = 9 500.00 - Fort Pierce Fiorid., ' November 30 . ~9 66 FOR YALIIB RECEIVED~ the t~nderaiRned promise(e) to pay to the order of j ~dminintrator oi Veterans' :Uiairs, an O~cer oi the S n re in a~ch o euch, and his or their esaigns~ the princ~~ eum of • $nc~ no~~- - - • - - - Dollera (s 9, 500. 00 wich interest fmm dste st !he rste of S~X per centum ( 6~lo) per enuum on the u~n_peid balsnce until paid. Tk?e said princi sl snd internst ah~ll be uyable at the office of the Loan Guarsnty Otl'icer, vetersna Adminiat~rstion Regional O~Rce~ in St. Peteisbur , Florida , or at such i other lace as the holder ms d ste in writing delivered or msiled to the ebtor in monthly inatsllmenta of SI~TY-OINEand21~~0~-------~------- ~oll.ra(i 61.21 oommenc on the rst day of JSriuAry ~ 19 67, at?d oontinuing on Lhe A ~St day ot ea~ch month thereafter unW this note is fully paid, excepti thst, if not sooner paia, the final payment of principal and interest aha~' Se due and paysbte on the first dsy ot December ,1991 • Privile~ ia reeerved to prepsy at any time, without premium or fee, the cntire indebtedneas or any part thereof not ieae thsn the acnount of one installment, or one hundred dollara (i100.00), a~~chever is less. Any prepayment made on ather than an installment due date will not be credited until the neat following inatallment due date. If any deficiency in the pa~m ent of any inatatlment under this note is not made gooci prior to the due dnte S of the next such installment, the entire principal sum and aa:rued interest shall at once become due and ~psy- ~ eble without nolice at the option of the holder of thia note. Failure to euerciee this option shall not conatatute } a wsiver of the right to eaercise the ssme in the event of any subeequent default. In the event of default in the payment of thia note, and if the same ia collected by an attorney at 1sw, the undP~signed hereby egree(s) to ~ pay alt coats of coltection, including a resaonable attarney's fee. ~ This note is given for purchsse money of ~al eat,ats and is secured by mortg~s to aecure debt of even ~ date herewitL, given end delivered by the undersigned to payee on certain real prr,perty desc:: "~ecl therein. s Prrsentment. protest~, and notice are herrby waivd. - i ~ State Documentary Stacups in the ~s~ ~RY C. BII~RY ~BF~L] ~ amount of $14.25 attached to Larry C. Bembry ~ , original note and canceled. /s/ SANDRA A. BE1~RY ~SE,,L] ~ - Sandra A. Bembry----------- - { ~ - _ ISEAL~ : : - ~8EAL~ ` And shall deily, promptly, and fully perform, disrharge, execute, efiect, complete, and comply with and abide by each and every the stapulations, agreements~ conditions, and covenants ot said~ promi.~sory note and of this mortgage, then Lhia mortgage and the estate hereby created ahalt cease and be null and void. The Mortgagor further covenants as follows: 1. That he will pay the indebtedness, ss hereinbefore pravided. Privilege is reserved to prepas st any time, ~ ~vithout premium or fee, the entire indebtEdnesa or any part thereot not le,ss than the amount of one installment, or one hundred dollars (i100.00)~ whichever is less. Any p~repayment made on other than an inataliment - due date will not be credited until the next following inatallment due date. 2. In order more [ully to pmtect the security of Lhis mortgage, the ~Sortgagor, tagether with, and in addi- ~ ' tion to, the mor.thly payments under the terms of the note secured hereby, on the installment due date day of s i each month until the said note is fullp paid, vrill pay to the Mortgngee as trustee (under the terms of this ~ trust as hereinafter stated) t6e following suma: (s) A sum equal Lo the ground rents, it any, next due, plus the premiums thet will next became due and f paysble on policies of fire and other hazard insurance coveruig the mortgaged pro~erty, plus taxes i and assessments next d~ie on the mortgaged pmperty (sII as estimated by the ~~.o. tgagee and of which the 11Sortgsgor ia notified) leas all sums alrcady paid therefor divided b~? the numDer of montha Lo elapse before one month prior to the dnte when suchground rents, prevniuma, taxes, and essese- { ments will become delinquent~ such suma to be held by 1liortgagee in trust to pey said ground renta, ~ premiums, ta~ces, and apeciel ~ents. ; (b) The ate of the amounts psyable pursusnt to subparagraph (s) and those payable on the note t secured ereby, ahall be paid in a sing2e payment each month, to bc applied to the follorving itema ~ ~ in the order ststed: (I) ground renta, texes, sea~nenta, fire, s?ad other haaerd insurance premiums; (II) interest on the zote secured hereby; and (III) amortization of fhe principal of aaid.note. Any deficiency in the amount ofsuch aggregste monthly payment shall, unlees msde good by the Mortgagor pr~ior to the dne dste of the neat such pa~ment constitute an event of default under this mortgsge. At Mortgagee'e option, Mo~or will psy s'lete c~srge" not exceeding feur per centum (4%) of any inatall- ment wFien paid more thsn fteen (15j dsys after the due dste the.•eof to c:over the extrs e~cpense involved ; in handling delinq uent payments, but such "Lte charge" shsll not bepa ysble out ot the proceeds of aay ssle ` made to satisfy the inaebtedness eecured Le~eby, unlees such proceeds are sufficient ta diacharge the eatire indebtednees and ~11 pmper casts and expensea eecured hereby. ~ , 3. If the total af the payments made by the Viortgagor under (a) of paragraph 2 preceding shalt exceed the ~ . amount of psymenta actualty made by the vlortgagee, ae trvet,~e for ground rents, ta~e$ and asaessmente, snd inaurance premiun~s, as the case may be, such excees a6all be eredited on aubsequent peymenta Lo be made ~ by the tiior~agor for such itema or, at ~iortgagee's option, as trustee shall. be refunded to ~~ort;agor. If ' however, suc monthly payments shall not be su~cient to pay such items when the san~e ahall be~ome due and pa~able, then the ~iortga~or shall pay to the~~~or ee as trustee any amounG neceasary W make up BOOK ~O PitCE z30 a `~~~-~-w~ n F~ ~ ~ „~x . _ ~ ~ _ ~ . ~f~.__