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Home My WebLink About1845 To H~vx ~xa ro Ho~ the siune. to~+the~ e?i1h ~li~rW sir?~?pt6e tenemcnta~ hereditament8 snd sppuc~- tenanrns theceuntc? ~clonging or in snyw~se sppertainin&~ and the teveraion snd reveraions, remainder or re- msindera, snd also aU tho estato, right, title~ intereat~ liomeatuad, dower and ri•h~ oI dower~ sepacKte eslate, poesession, alaim wnd demai?d whatsoaver, aa well ia low as in equity, ot ttio si?iJ ~orlgagor in and t,o the ssme and everv pt?rt th~reof~ with the sppurten~ncas oi the asid Mo~tgsg~or in and to the same, und overy part and pu^cel tJiereoi unto lhe suid Mortgagee in fee aimpla. 1`he Mortgagor hereby covenanta ~vith tho Mortgagee~ II~Rt he is inde[eesibly aeised of said l~nd in fee simple or such other estsl,e~ ~t en,y, as is atated hemin; t,hat he hNS full power and law[ul right to convoy ~the same as aforesaid; thst the land ia free from all encumbrences except us herem otherwise recited; that said Mortgagor will mske such further sesurunces to peove lhe sfot~esaid tiWe to asid lsnd in at?id Mortgagee sa msy be roason- ablyreq uired, snd that asid hiortgagor does hereby tuily warrant the title to said land, and evory part thercot. ~ und will defend the asme sgaitist the lawf ul clsima ot all persona whomeoover. PROViasn ALweYa thst it the Mortgsgor shsll~ psy unto the Mortgsgce lhe?L cerl,ain promissory note~ oi I which the follovring is s subetantial copy~ to wit: - Fort Pierce , Florids . =12 , 500. 00 February 13 ~ 19 67 FoR VeLV~ Rsc~avsn, the underai~r?ed pmmise(s) to psy to the order o Admin~strator of Veterana' Affairs, t?n O~t'icer of the United Ststes oi Americs and his succeesora in such office~ ~ ch nnd his or their essigns, t~1p ri 1~1 of ~WELVB TH~JSAND FIVB HtII~TDRED 8lta AO~~b..' - - - - - Do Ais l~'~~ • • ~V with intere$t from dste at the rste oi SiX per centum per annum on the u_n~psid bslsnce until paid. The said principal and internat shail be payat~le at the o~icc o( t,~e Loan Guaranty 08'icer~ Veterana Admuiistration Regional Otfice, in St. Petersourg , Floria8 .~yr at such otherp lace as the holde~ ma designate in writing delivered or msiled to the debtor ia monthl menta of EIGHTY and 54/1Q~- - - - - - - - - - - - - - - - -~llsrs(:~~`:~ uommencing on the i=$t dsy oi 1"18TCh , 19 , and continuing on the ~irst day of each month theresfter until this note is tully paid,e~ cept thst, ii not sooner psi , the &nal payment of princi al und interest shall be due and payable on the tirst day of Februa , 19 9~. Privilege ~s'~reserved to prepay at nny time; vrithout premium or fee, the entire indebtedness or any part thereof not less than the amount of one instaliment, or one hundred dollara (i100.00), whichever is less. Any , prepayment made on other thsn an installment due dste will not be credited until the next following installraent due date. t If any deficiency in the psym ent of any inatallment under this note is not made good prior to the due dste of the next such installment, the entire principel sum and aa:rued interest ahall at once become due and pay- sble without notice at the option of the holder of this note. Failure to exercise thia option shall not constitute s waiver of the right to exemise the same in the event of sny subsequent default. In the event ot default in the ~ payment of this note, and if the same is oollected by an attorney at lew~ the undersigned hereby agree(s) to ; pay all costs of collection~ including a reaeonable attorney's fee. This nots is given for purchase money of real estate and is secured by mortgsge to secure debt of even date herewith, given and delivered by the underaigned to payee on certain real property described therein. Preaentment, protest~~ end notice sre hemby waived. Documentary Stamps in the amount ~8~__~~' D• 1 Flicliael'"~: Bar~Ie~~ [BE~L of $18.75 attached to original ahd canceled. ~Y BiARTLETT------------ ISBALJ Lin~a ~ay Bartlett ISEALJ I~ IBEAL~ And ahall duly, promptly, and tully Perform, discharge, execute~ eftect, complete, and comply with and abide by each and ever~ ~the stipulations, agreements, conditions, and covenants of ss?d~ pmmissory note snd ~ of this mortgage, then t,his mortgage and the estate hereby created ahsll ceaee and be null and void. The Mortgagor further covenants as followa: 1. Thst he will pay the indebtedness, aa hereinbefore provided. Privilege is reserved to prepsy st any time, ~ ~vithout premium or fee, the entire indebtedness or any part thareof not less than the emount of one u?staliment, or one hundred dollars (t100.00)~ whichever is lesa. Any p~repayinent msde on other than an installment : due dste will not be credited until the neut following inatallment due date. ' ` 2. In order more iully to pmtect the security of this mortga~;e. the Mortgag~or, cogether with, and in addi- tion to, the monthly paymenta under the terma of the note secured hereby, on the iastallment due date day of - each month until the said note is fnlly paid, will pay to the Mortgagee as trustee (under the terms ot this ? ; trust as hereinafter atsted) the following sums: ~ (a) A sum equsl to the ground renta, if any, next due, plus the premiuma tbat will next become due and paysble on policies of fire and other hszerd insurance oovenng the mortgaged pm~perty, plus tsxes ~ and aese.ssmente next due on the mortgaged property (all as estimated b the Mortgagee and of which the Mortgagor is notified) less all sums already paid therefor divided the number of months ~ to elapse before one month prior to the dste when suchground renta, premiums, taxes, snd assess- ~ menta wiU beoome delinquent, such suma to be held by Mortgsgee in truat to psy said ground rents, premiuma, tsxes, and special aseesaments. ~ (b) Thesggregats of the atnounts psyable purauant to subparagrsph (s) and those psyable on the note ~ eecured heceby, shell be paid in a single payment each month, to be applied to the follovring itema in the order atated: ~ ~ (I) Sround rents, taxes, ae~sments,~8re, and other hazard inaursnce premiucns; ; ~ (II) intereat oa the note aecured hereby; and ~ ` ~ (III) amorti~stion of the principal of said note. { Any deficiency in the smount of such aggregate montWv psyment ahall, unlesa made good by the Mortgagor pr~ior to the due dste of the ne~L such payment, constitute an event of deEsult under this mortgxge. At ~ Mortgagee's option, Mortgagor will pay s`late charge" not excee~ing four per centum (4~Jo) of any inatall- ~ ment wfien pa~d more thsn ~iftccc~ (15) dsys siter the due dste thereof to cover the extra expense involved j in han delinquent pa ents, but such "Lte charge" ahsll not bepsyable out of the proceeda of any sale ~ made to s~stiafy the indeb~ness aecured heteby, unless such proceeda sre au8'icient to discharge the entire indebtednees snd sll pmper coats and expenaes eecured hereby. 3. If the total of the pa~yments made by the Mortgegor under (a) of paragrspfi 2 preceding shall excced the amount of payments actually made by the Mortgagee, as trustee for ground rente, taxes snd.assessments, and inaurance prem~ums~ aa the case maq be, such exceas ahall be credited on subsequent psytnents to be made by the Mort~agor for such iterns or, at Mortgagee's option, as trustee ahall be refunded to Mort~agor. If, however, such monthl~ payments shall not be sufficient :o pay such items when the same shall beoome due and payable, then the Mortgagor shall pay ~o ~th . ort~agee as trustee any amount ne~ary to make up o~;~~~~4 ~~~E1843 _ - _ ~ - -