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Home My WebLink About1616 ~ . ~ ~ 1t 1 ' ~ ~ L To Hs~s ~rrD ~e~o Ho~ the same~ to~?~her with s11 ~nd singulne the tenements. heredit~ments and appue~ ~ ten~~oes thenunto belonging or in anywise appcrti?ining, and t,he revecaion and e~evecaiona. nmainder or re- uaainders, and nleo nll t~he estste, righ~, title~ interest, homestead, dower Rnd righ~ ot dower, separate estate, poes~ion~ al~im ~nd deaaand whatsoever. as well in lsw as in equi6y, of tha said Mortgngor in aad b t,he sune and every pe?rt thRrmf. with the oppurtenunc~s of tLe aaid Mortg~gor ia and to the aame~ sad every part ~nc~ . p~rcel thereoi unto t~?e s~id Mortgagee in fee sitnple. 'The Mortgsg~or hareby oovenanta with the Mortgagee, t,h~t he is indeieaaibly sei:ed oi s~id laad in fee simple or auch other esu?~es d any ~s is s~ated heroin; tha6 he hMa tull power and law[ul~ t to convoy ~the same aa aforea~id; that tbe land ~s lree ~mm aU enaumbranoos aucept as here'~n othecwise recite~; tb~6 said Mortgagoc will make such further aesurances b prove the aforesaid title to a~id la?d ia si?id Mortgsgoe ~s msy be raseoa- ab~yreq uired, and th~t s~id Mortgsgor doee hereby iuUy ~varrant the title to si?id lund~ snd every part thereof~ and ~vill defend the same againat Lhe l~v~?f ul cl~ims of ~11 persoAS rvhomsoever. PROViDSa AL~r~YS th~~ it the Mortgag~or sh~ll pay unto the Mortgagee that oect~ain promisaorv note. oi which t6e foAowing is a substaati~l oopy, to arit: ~ i 11,500•00 Fort Pierce , Florid~. ~y 26, , ls 67 FOA VALOR RECEIYED~ the undereiRr?ed pmmiee(s) to p~y to the order of Ui. J. Dtiver , ss Administ,retor of Veterans' ABsirs, sn OR'icer oi the United 3tatea of America~ and his au«~esara i~ uch offics, sa such~ and his or their assigas, the rinci al sum oi $lev~en Tho~usan~d Five 8~undred and 1to~100---------------------- Doll rs i 1~,54f~.00 with interes~ from date at 1he nts oi si~c per centum ( ~°J~o) per ~anum on the unp~ balanoe until paid. TLe said principal and intPres~ ahall be p~yable st the offico of the Loan Cinaranty Offioe~, Veteraae Adminis~ra~.ion Regional OHioe~ in , or st such other plffi as tb~a lder mi?y des~ga~te=n writing delivered or m~iled to the debtor in mo ~'nat~llmRnts ~ 3ixt31- 8~ 96~ 00- ~ollu~s bi3. J~ , oomrasncing on the _ lst dsy of .hily ~ I9 b7, and oontinuing on the day of each month theresiter unW t~ia note ia fully paid, escept thst, if noL sooner paid, the Snal payment of prin-c~ipal uid interest shall be due aad psyable oa the lst duy oi ~113ue ,19 Y( • privilege ia reeerved to prepsy at any time, without premiwn or fee, the entire indebtedness or any par~ thereoi not less thm the smount of one inatallment, or one hundred dolls~a (i100.00), ~vhichever is lesa. Any prepsyment made on other than an installment due date ~viU not be credited unt~il the next following inatsUment due date. If ~ny de6ciency in tbe payment of any installment under this note ia not made good prior to the due date oi the nez6 auch installment, the entire pnncipal aum aad ~a:rued interes~ ahsll st once beaome due and Fay- - able without notice at the pption of the holder oi thia note. Failure to eaerciee this opdon ahalt not oonsWtute a w?uver of the right to euercise the same in the event of any aubeequent default. In the event oi defavlt in the payment of thia note, md if the ssme is collected by an sttorney st l~w~ the undereigned hereby agree(s) b p~y all ooste.of oollection, including a reaeonable attorney's fee. T'his note ia given for purcL~ee monay of real eotate aad is secured by mortgage ~o eecure debt of even ; date here~vith, given and delivered by the uadersigned to psyee on certain real property deecribed therein. Preeenta?eat, pmt4st, and not•ics are hereby ~rai~ed. /S~ -ii4~~ _f~!! -~"1 IBSAL~ ~8~_ C0118~tiCe C. T6@Z (BEALJ I ; IBEALJ ~ - IBEAL~ , f ~ ~ And shall duly, pmmptly, and fully perform, discherge, eaecute, e8ect, complete, and comply with and i abide by each ~d every ~the atapulations, sgreements, condiWons, and coveaaats oi sud~ pmmiseory note and ~ of thia mortgage, then tLis mortgage and the estste hereby created ehall ceaee and be nuU and ooid. T~e ~Iortgagor further oovenante as follovrs: 1. Thst he will psy.the indebtedqeee, as hereipbefore provided. Privilege ~ reeerved to prepay at an~ time, ~ ~vitLout premium or fee, the entire indebtednees or any part thereof uot leea than the aniount of one mstaAment, ~ or one hundred dollars (i100.00)~ whichever ia lees. Any prepaymen~ made on other than an inst~illment due dste ~vill not be credited imtil t,L~ t?8st ~ollowing inatallment due dsts. _ ~ ~ 2. In order more fully to pmtect the eecurity of this mortga~e the Mort,~a~c~r, together with, snd in addi- tion to, the monthly paymente.under the:terma of the note ae~w+e~ hereby, on t-he installment due date day of ~ each month until the ssid note ia fully paid, will pay to the Mortgages aa trustee (under the terms of this trust as hereiaafter atated) the following sums: ~ (a) A sum equal to the ground renta, if anp, nea~t~ due~ plus the premiums thst will nert beoome dua snd ~ psy~ble on policies of Sre and other hazard inaurance covenng the mor~ pr~operty, plua tszes ; and aseeasmente neact due on the mortBaged proP~eMY (all as ~timeted ~r the Mortgagee and of ! w?hich the Morigagor is notified) less all sums alreadp paid t~erefor divided b~ tbe number of montha ~ to elapee before one month prior to the dste when euch~ground rente, premmma, tsaes, and assess- ' ments will beoome delinquent, such auma to be held by Mortgag~ee ia truat to psy asid ground reuts, ; ~ ' premiums, taaea, and special ~sseasmente. i ~ (b) Thea~ega te of the amounts psysble pureuaa~ to subparagraph (a) and those psyable on the note ~ aecured hereby~ sball be paid in a s~ungle psymeut each month, to bs applied to the following itema ~ ia the order stated: . - ~ (I) ground reats, ta:es, dseessmente, Sre, and other huard inaurance premiums; (II) interest on the note secured hereby; tnd , (III) amortiaation of the principd oi said note. ~ Aay deficien~cy in the amount of such sggregate monthip psyment shall, euulesa msde good by the Mortgagor ~ pr~ior to the due dat~ of the neri such ps~nent constituts an event~¢ efault unde tLia mortgage. At '+e'~! M 's option, Mortgagor will psy a`Lte c~arge„ not ezoeeding~[per centum~%) of any inatsll- G1~ msnt~w en ps~d more thaa ~fteen (15) days atter the dne daLe thee~e~i to oover the exLn expense involved ~ in handling delinquentps ymente, bu~ sucb "bte ah~g e" ehall aot bepayable out of Lhe proceeds of ~ny sale made to satiafy the indebtednese secured Lereby~ unless such procee~s are su~cient to discharge the entire ~ indebtednees aad all pmper costa and expenees secured h~ereby. ~ 3. If the totsl of the pa~ymente made by the Mortgagor under (a) of paraRraph 2 preceding ahall exoeed the amount of psymente actually made by t6e Mortgagee, aa truatee for ground rents, taxes and aeeeesments, and ,r.~ insurance prem~uma, ae the caee may be, such excess ahall be credited on aubsequent paymenta to be made by the Mort~a~or for such items or, at Mortgagee's option, as trustee ahell be refunded to 4lort~a~r~. . I ~ however, such monthly psymente shall not be sufficient to pay such items when the eame shall t~eee~ne-~ ~ and pafable, then the Mortgagor shall pay to the Mortgsgee aa trustea any smount necessary to make up - - - - 4-t ~ ~ ~ - - _