HomeMy WebLinkAbout1620 TO HA~i AND TO HOLD 1~1e iL~~ ~tl1e! ~II1~lksD ind si~ul~ ths teaeo~ents. hersditamea~a aad appue~
~enances th~reun~o be~oagi~ug or in appertoining~ ~nd the rsvecsioa ~nd rsve~ons~ rem~indee or rs-
OOg
lllilIIdN'd~ ~ild R~fO ~~10 ab~i~~ lf~l ~1~ 1A1~l~E~ty f101ti1~~Eid~ d0~81' N~ Ot dOw~'~ SlQ~~A
poeeeasion, c1~im ~nd demaad wfiatsoe~, as well ia bw a+ in equi6y. ot the a~i~l ortgsgar in a~iii to tbs suas,
and every p~rt tboe+eoi, with Lhe appurten~aoes oi tbe e~id Mortgsgor ia and b tbe same, and every pari aad
pan~ol thereoi unto the said Mortgages in fes ~imple.
The Mortgagor heceb~ oovenaata ait,h the Mort~agee, that he is indefeasiblp seised oi said l~ad in ies
simple or euch other a~a~eR it wy as is stated herein; tbsti
he has full powec and l~wtul ri~ht to ooaveY -the sams
as sforessid; thd the 4?nd ~s free ~rom ~11 encumbranoes e~coep~ ~s heroin otLarwise recit~ed; fb~~ said Mortg~goe
will m~lce auch furtber assur~nces to prove tLe doresaid title to said land in euid Mortg~g~ee as ma~ be re~ron-
eey
req uire~~ ~nd t6st said Mortgagor does Lereb~ fully ~vamnt the tiVe to ai?id l~nd, and e~eey p~rt tl~ee~eot,
an wiU defend the same againat the Lwiul cluma oi ~lt pereons whomsoever.
Paoviasn Anwets tba~ if the Mortgagor ah~ll psy unto the Mortgy~ee that oe~rtain promiesury note, ot
whic6 the follo is s subataatial ooPY. to vi~:
= 10,500~0 Fort Pier~e ~ gbr;d.,
Apri~ 3 ,1~ 67>
Foa VeLOS Bscatvsa~ the underai~?ed promise(a) to pa to t6e ordet of
d~ninistast~or of Veterans' ARairs, an OA'ioer of the
rs auch ~s suc6, and his or their assigns. the ~sum of
~~~~1~"~~°an'~ no~- - - - - - - -Do~l.rs =1 ,~5~0.00
with interest from date at the nte ai 8i1[ per oenfum ( pe~ aaaum on t.he
u~apud balanoe wat~ The said and inten+st ahell bepa~ at the~~ o ~I.~an (iuaranty
O~csr, Veterans Adm~tntion Region~al
~oe, in St. Pete=sbu=$, Flor da , or at such
o e hold ate in writing delivered or m~?iled to the debt~or in a~nt~ly inst~llmenta of
S~~~S~an~~d~-------------- ,~o~1ars (=6 66
oommg~cin~ on the f irst d~?y oi M~ay - , 1~i and oon~~in8 on tLe
~ir6-C dsy oi each month thereafter until tbis note is fu11Y P~, ~~+?t, d aoti sooner
p
a
i
d~t~
filual P~
3
~
ment of 1pri9
2pal and interest s6all be due md payable oa the firet ~+?7 ~
Privilege ia reeerved to prep~?y at any time, without premiurn or fee, t
h e eatire ia
d
e
b t
e d
n
e e s or anY P~
thereof not leee tLan the smoiu?t of one inatallment or one hundred dollsrs (i100.00), whichever is lees. Aay
pt+epsyment made on other thun an inatallment due date w+iU not be credited unW the ne~ct following installmen~
due date.
It any deficiency in the paym
ent of aay inatallment under this nots is not made g~ood prior b t6e due date
of the neut auc6 installment, the entirepr~ncipal sum and ac.~xved int~erest ehall at onos beoome dne iu~d ~y-
sble wit6out notice st tLe option of the holder oi this note. Failure to esercise this option ahall noL oona4tute
s. waiver of tLe right to ezerciee the sane in tLe eveant of any subeequent def
ault. In t6e aventi ot default in tLe
payment of this note, and if the same ia ooUected by an attorney ~t la.~, tLe undersigned herebY agree(s) to
psy all ooets of oollection, including a reaeonable aEtoraey's fee.
This note is given tor purchsse money oi real estats and is secured by mortgage to secure debt oi even
date here~vith, given and delivered by tLe unde~ed to psyee on oertain re~~l proper~y desctibed tiierein.
Presentment, pmtest, snd notice are hereby ~vai~ed. .
/ s / DONALD L. FLENIING
State Documentary Stemops in the - [eanr.~
- - Donalc~ L. F~ewirig--~~_w_.___
amaunt of $15.75 attached to 8~IS_ H.__FLEI~IING__
original and canceled. 1-1------------ - ~88"~
Claria 8. Flenning
[as~+r.l
! [e~?L1
F And shall duly. Promptly~ and fully pertotm, diecharge~ ~ecute~ effect, complete, aad oomply ~rith and
~ sbide by eacL and every ~tLe aUpulations, sgreemente, conditaons, and oovenants of said pmmieeory note aad
of tLis mortgage, then thia mortgage and tbe estate hereby created eL:ll ceaee and be null and void.
T~e Mortgag~or further oovenants as follows:
1. That he will psy the indebtedneae, as hereinbefore provided. Privilege is reeerved to P~Y ~~~~0.
~vitLout premium or fee, the entire indebtednees or my part thereoi not lees t~han tLe amQUnt o~ oae ina~~,
or one Lundred dollus (i100.00), vvLic6ever ia lees. Any prepayment msde oa otL~ec tban aa inatallment
due date will not be credited ~mtil tLe neit following installment due dste.
2. In order more fuDy to pmtect tbe sec~uity of this moitgaee fhe Mortgagor, tog~atber witb, ~?d ia addi-
ure
tion to, the monthl psymenta ui?der the teims of tLe note aeeure~ hereb , on tb i~tallme~t due date d~y of
each month until ~ eaid note is fuUy paid, ~vill pay to the Mo~rtgsg~ee foUowr.ing ~ut~as:
(s) A sum equal to t6e ground rent8, if any, ne=t~ due, plud the premiums that w~l nezt beoome due and
psysble on policiea oi fire aud other Lasud insuranoe oovering fhe mo pm~~perty, plus tazes
sad aeeessments ne~t due on tLe-mortgag~ed pmP~ert,Y (all is est~im~ted~tbe Mortgagee and of
vrLich the Mortgagor is notified) Iees all sums elready paid therefor divid~7 tLe number of months
to elspee before one month prior to the date ~rhen such~ground r~nta, preuuums, t~see, and aaeess- '
mente ~vill beoome delinqueati, eucL auma to be held by M~rtgag~ee in trast to pay said ground reats,
premiums, taiee, and apecial aeeeeementa.
(b) Thea~rega
te of the amounts psysble pursuant to subparsgrsph ~a) and tiwee payable on the note
secured hereby, ahaU be paid in a single paymenti each month, t~o ba spplied to tbe follo~ring it~us
in tLe order atsted:
~ (I) ground rents, tu~, aseeesmente,. Sre, aad ot,her has~rd inanrance premiums;
(II) interest on the note eecured hereby; and -
(III) amort,iaation oi the principal of ssid note.
Any deficiency in the timount of auch ~ate monthly psymeat sh~ll = unlees msde good by tLe Mortg~r
prior to tbe due dstb of the neri such paiyment oonstituts an event o~ def~ult nnder thffi mortga~e. At
M ~gagee's o~tion, Mo will psy ~'Lte c~ge„ noti exoeeding iour per centum (4%) ot aay inswll-
men~
1~, ~hen psid more Lhsa~teen (15) dsys sfter the due date thereof to eover the ~ta~a e:pense involved
ia handling delinqueatp~?yments, but suc6 "lats~~
" ehall not bepsy+~ble out of the proceeds of aay ssle
made to eatisfy the indebtednees secured hereby~ unCeee anch pro~eeds are su~cient to discharge t6e entire
indebt~ed~s ~nd sll proper c~osts and ezpenees secured hereby.
3. Ii
the total of the ps~ymente made by tl~e Mortgagor under (s) oi psngnph 2 preced'uig ahall ea~ceed tLe
- a~onnt of puymenta octually made by the Mortga6M, for ground rents, taxee snd aseeasments, and ineutaaoe
premitims, ss the caee m,y be, such escees aha11 be credited on a~uent payments to be mule by tbe Mort-
gag~or for such itsms or, st Mortgagee's option, s6a11 be refnnded to ortga~r. It, 6owever~ suc6 montWy
psyments e6aU not be su~cient to pay auch items when t~e eame shall beo~me due and psyable, then the
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