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Home My WebLink About2156 ' ; ~ ` ~ To H~~s ~xo to Hor.n the s~me, to~ethe~ with all ~?nd sin~l~ the tei?ements. hereditaments and ~ppue~ b~ana~ theceuntu bclonging oc in.anyw~se appertsining~ nnd the revecsian snd revecsiona~ remainde~ or re- - mainders, snd sleo sll the est~to, nght, t~tle, tnte~est, homesteed~ do~rar und ht ot dower. sepuste est~te~ poeeeesion. claim and demand whstsoe~er~ as well ia law as in equily, ot tho sxid~4ortgagor in ancl t~o the same and ever~ part thereof~ with the appurtenHncea ot the s~id ;~iortge~gor in ~nd to the si?me, ~nd every part iu?~ pucel thereot unto the said Mortgeg~e in tee simple. 'I9~e Mortgag~or heroby oovenaats vrilh the l~tort{~~~ee~ ~het he is indeteasibly seiracd of ssid land in fe+e simple or such other estate. it ~ny. as ia atat,ed herein; thsl, he hus tuU puwer and lav~rful righ~ to convey ~the same e?s ~foresuid; the?t the laad ia tree f~om ~Il eucumbranccs except us herein o~herwiae rccited; thst ssid Mort~gor ~vill mske sucb further asuurences to pmve the aforeaaid title to said l~nd in ai?id Mortgsgee as msy be reason- sb~yreq uised, and that said l~iortg~gor dces hereby tuUy warraat the titte to said land~ and evory psrt thereoi~ and will defend the same aga:nst the lew[ul clsims oi all persot?a whomsoevcr. Pttovtasa ALwr~~ra ihst it the ~iortg~+gor sh~?Il psy unto the Mortgeg~ee that certi?in prumissory note, oi which ?he foUowing is a substantial cooy, to wit~: gort Pieree , Florid~. = 11, 000. (10 December 14 , l~ 66 • FOA VALVg RECEIVED~ the undersi ed romise s) to psy to the order of , Ad~iniatrator ot Veterans' Aftaira~ an O!~'icer of the United 3tates ot Americs, u~d his suoceasora in auch office, na s~ch~ an~l his or their aesigns; th ri of ~ ~ous~xn and no/100- - - - - - - - - - - - no~~ c: ~.~,`b~~'.~'$` wi~interest fmm dats st ihe rate of SiR per centum ( per annum on the u~np ud balance until paid. The said princi~ px~l and internat. ahull be psyable st the ofi'ioe f t,he Loan Guaran6y O@'icer, Veterans Administntion Begional O~'ice~ in St. Petersburg, Flori~s , or st auch ' other lace ~s the holde~ n~ay~ate in writing delivered or msiled to the debtor ia montla i ~ilments ot sI~'PY-FIVE and yb - - - - - - - - - - - - - ~olisre (s6~5.~6 oomm n on Lhe first day of JatlusY'y ~ 19 6~ and continuing on the ~~Y'~t dsy of each month thereafter until this note ia fully paid, except thst, ii not sooner paid, the final payment of principal and interest shall be due and payable on the first dsy oi December ,1991 . - ; privile~e is reserve~ to prepsy at any time, without premiuna or fee, the entire indebtedness or any pat~ ~ thereof not lesa than the amount of one installment, r one hundred dollsis (t100.00)~ whichever ia less. Aay ~ prepsyment msde on other than an instaliment due ~te will not be credited until the ne!ct. follow~ing installment due date. If any de&ciency in the paym ent oi any inatal~nent under this note is not made good prior to the due dste of the next such inatsllment, the entire principal sum and ac~rued interest shall et once beiwme due and Fsy- able without notice st t6e option of the holder of thia note. Failure to exercise this option ahsU not oonstatute ~ s waiver of the right to exercise the same in the event oi any subsequent defaulc. In the event nf default in the payment of Lhis note, and if the same is ooAected by aa attorney st law, the underaigned herrby agree(s) to psv a11. co~ts of callection, including a reaeonable attorney's fee. This note is given for purchase money of real eatste aad is secured by mortgage to aecure debt of evea date herewith, given and delivered by the undersigned to psyee on certain real propert,y deecribed tLerein. Preeentment. protest~ snd notice are hemby ~raived. State Documentary Stamps in the /s/ ERNEST M. CAIN ~ 50 attached to """Ef'~t~~L-'pi~~~ IBEAL~ ~ amount of $16. -C~i:tt-------------------- original and canceled. /s/ J~AN--CAIId----- - - - [as~?L] ~ ~oan=- iri ~86ALJ i IBEALJ i , And shall duly, promptly, and tuqy perform, aischarge, execute, eRect, ooniplete, and comply with and { sbide by each and every the stipulations, agreements, cond~tiona,-and covenanta of said~ promissory note and Qf this mortgage, then this mortgage and the estate hereby created shnll cease and be null and void. The Mortgsgor further oovenants sa followa: 1. That he will pay the indebtednesa, as hereinbefore provided. Privilege is reserved to prepay at any time, ~vithout premium or fee~ the entire indebtedne~ or any part thereof not less than the amount of one vnstallment, or one hundred dollara (i100.00), whichever is less: Any prepsyment made on other than an installment due date will not be credited until the next following instsllment due date. - 2. In order more fully to prc.ect the security of this mortgage, the Mortga~or, together with, and in addi- # tiot~ to, the monthly paymenta under the terms of the note secured hereby, on the~u~atsllment due date dsy oE ; each month until the said note is fully paid, will pay to the MortgaRee as trustee (vnder the terma of this ; trust as~hereinafter stated) t6e following suma: r (a) A sum equal to the ground renta, if any, next due, plua the premiums that will next become due and ; psyable on policiea of fire and other hazard insurance covering the mortgaged pr~operty~ plus taxes ~ and aeeFSamente nesct due on the mortgaged prope~rty (all as esiimated b the Mortgagee and of : wLich the Mortgagor is notified) leas all sums already paid therefor divided ~~r the nwhber of months ; to elapee before one month prior to the date when auchground rents, preuniuma, taxes, aad aeseas- ments will beoome delinquent, such aums to be held by Mortgegee in tauat to psy seid ground renta, ; premiwna, tszes, and apecial aesessments. (b) The aggregate oi the amounts psyable pursuant to subparagrsph (s) and those payable on the nots ' secured hereby, shall be paid in s aingle gsyment each month, to be applied t,o the following itema ; ~ in the order atat~ed: ` ~ (I) 8round rents, taxes~ aeeeesmente, fire, and other hsaard insurance preroiums; ` (II) intereat on che note eecurecl hereby; and ~ (III) amortizstion of the principal of aaid note. ~ - Any deficiency in the amount of such aggregate monthlv paymen` shsll~ unleas made good by the Mortgagor ~ pr~~or to the due date ot the ne~t such payment, constitute an event of default under this mortgnge. At ~ Mort~agee's o~tion, Mort~a~or will psy a"late charge" not exceeding four per centum (4°'0) of sny install- ~ ment vvfien paid more thsn ~ifteen (15) daya after the due dste thereof to cover the ea~ra eapense ~nvolved ~ ia hsn delinquent pa en~s, but such "Lte c~ e" ahall not be payable out of the proceeda of any asie ~ made t~o s~atisfy the indebt~ednesa secured hereby, unfe,sa such proceeds are su~cient to discherge the entire ~ indebtedness snd all proper cost$ and ezpenses secured hereby. _ 3. If the total of the pe~yments made by the ylortgagor under (a) of paragraph 2 preceding ahall exceed the ; ~ amount of payments actually made by the Mortgagee, aa trustee for ground rents, taxes and assessmente~ and = ~ insurance premiuma, ae the case may be, such excesa ahall be credited on subsequent psyments to be made ~ ~ by the biortgagor for such items or, at ~Sortgagee's option, as trustee ahall be refunded to yiort~agor. If, ~ ~ however, sucb monthly psymenta ahall not be sufficient W pay such itema when the same shall beoome due ~ and payable, then the ~iortgagor shall pay ~~h~y~p tgagee ~sny amount neceseary to make up i 60UK IO~ PaGE ~~i'~ - - - - ~ f ~ _ ~ - ~ ~ ~ °~s=,. ` ~ ~ rv~~ ~ ~ ; - _ _ ~