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Home My WebLink About1623 . ~ ~ ~ _ ~ ~ ` To H~va srtn a~o Hor.~ the same, to~ther with atl and siaguluc tbe teneraente, heredit,amente and appur- tenanoes t2ioreunto belonging or in anywise appe~ti?ining~ ~nd t~he reveraion und revenions. remander or re- m~?inders, and ulso all the eatsto~ right, title~ ~nterest, homestsad~ dower u?d ~6 of dower~ sepu~?te estate. poeeession~ claim snd demand whatsoever, as well in law as in equity, ot tho aaid o~tg~gor ia ~?ud to the ssrae and every put thcreof. wiLh the appurtenunces of the aaid Mortgegor in and to the sune, ~nd avery piurt and parcel thereoi unto the asid Mortgsgee in iee simple. ~ 1Le Mortgagor hereby oovenanta with the Mortgsgee; lh~t he is iadefeaeiblp seised of said l~ad in fee simple or such other estate~ if any as is atated herein; thaL he has full p~wec and lawfulr~ fl~ 1~0 OOAVOy ~the satne ~s aforeeaid; ~ p ted• thst said Mortgsgor that tbe land ~a free rom ~11 encumbrancos exoe t~a herein otherwise reci , pill mske such further ~eeurancea to pmve the dores~id wde Lo said l~nd in snid Mo~tg~gee as ms,y be reasoa- ab1~ req uired~ and th~t said dViortg~gor doee hereby fully ~ranan~ the title ~o swid lund~ snd every pat ~hereof, and ~rill defend tlie same ~gainst the lawful cl~ima of aU pereons whomsoever. PROYlDBD ALw~YS th~t if the Mortgagor shsU pay unto the Mortgagee ths~ oertain promiseory note~ ot ~?hich tbe iollo~ring is a subat~ntial coPY, b wit: . t 7s800.00 Fort Pierce , Florid~ . ,~q 2y , ~967 FOlt VALIIE RECEIYED~ the undereiRn~ed promiee(s) to pa to the order oi i~T. J. Driv~er , as A~minist,rator of Veterana' A~aire, un Officer oi the United 3tatea of America, and hia succeesora in su .h oftice~ us such~ und his or their aesigna, the pcincip~l sum ot Sevea 'rho~usand ffight Hundred sud 1~o f 100---------------------Doll rs (i 7~ $pp.00 with interes~ irom date at ~he rste of ~ si][ per oentum ( Per aanum on the unpud bal~noe until paid. The said princapal snd interest ahRll be~paysble st the oflice oi the Losn (iuarenty O~cer, Veteru~s Administration Regional OH'ice, in J~tckBOriville~ F1A]~'idd , or at such ~er p~ ~h~ gr~y deaignate in_writing dPli=ered= r mailed to the debtor~ll y_inst~?UmentB ~t /1 46. o~mmencing on the lat day oi ~ , 19 67 at?d oontinuuig on the - day of e~?ch month thereatter untal note is tully paid, eioep 6_thst, if not eooner paid, the finsl psyment of principal snd int~erest ahall be due and payable on the ls~ _ dsy oi J1me ,19 ~j. privile~e ia reeerved to prepsy st wy time, without premium or fee, the entire indebtedneas or i?uy part thereof not l~s thsn the amount o! one inatallment or one hundred dollars (i100.00), whichever is leas. Any prepaymeat mada on otber than an installment due ~ate will not be credited until the neact following installment due date. If any deficiency in tLe psym ent of sny inatsllment under thia note is no6 made good prior to the due date oi the nert such inatallment, the entire principsl sum and a,a;rued interest shall at once beoome due aad Fay- able ~vithout aotioe at tLe option of the holder oi LLia note. Failure to euem,ise tLia option ahsll not oonautute a~vaiver of the right to eaercise the aame in the event oi any aubeequent detault.~a the event of default in the psyment of thie note, and if the suria is oallected by an attorney at Isw~ the undersigned hereby agree(a) to pay all oosts of oollection, inclnding a reaeonsble attorney'a fee. 1'hia note is given for purchaee money of real eatate and ia secured by mortgage to secure debt of even dute herewith, givea and delivered by the underai~?ed to psyee on certain real property deacxibed therein. Preeentment~ pmt4st, and notice are.hemby waived. R~C~1liTd_L~_8~1~------------------------ IdEAL~ ~81__n~.i~_ F.--B-,~!~°!_--------------------------- te~?~ ~ - , - IB~ALJ I ~ i8$ALJ ! •Md aLall duly, promptly, and fully per[orm, discharge, e=ecute~ eBect, uomplete. end comply with and ~ sbide b~ each and ever~? ~the at~pulationa, agreemente, conditions, and oovenanta of aaid~ pmmiaeory note and oi tbis mortgage, then Wsis mortgage and the eatate hereby created s6all ceaee and be null and void. The 1Vlortgagor further oovenanta as follows: f f 1. Thst he will psy the'indebtedneee, aa hereinbefore pr~vided. Privilege ~a reserved to prepsy st any time, ' ~ithout premium or fee, the entirE indebtednees or any part thereof not lees than the amount of one installment, or one hundred dolla~a (i100.00), whichever is lesa. Any repsyment made on other than an inataliment a due date will not be credited until the ne~t follo~ving ina eat due dste. 2. In order more fully to protect the security of this mortgage, the Mort~agor, together with, and in addi- tion to, the monthly payments under tlie terms of the note becured heteby, on tlie installment due date dsy ot each month until the said note is fully paid, will psy to t6e Mortgages as truatee (under the terms of this trust aa hereinaf ter ststed) - the following sume: (s) A sum equal to the ground rents~ if anp, nezt~ due, plas the premiunns t~at will neat become due and payable on policies of fire and other hazard inauranoe oovenng the mor~ pmpe ~,~plus~ xd f md aseeesmente n~act due on the mortgeged prop~erty (all as estimsted ythe Mor which the Mortgagor is notified) lees all sums already paid therefor divided b~? the nnmber of montha ~ to elapee before one month prior to tLe dste vrhen such~ground renta, premiums. taxes, and assees- ~ ments will beoome delinqueat, such auma to be held by Mortgagee ia truat to pay asid ground rents, + prenaiums, tases, and epecial aeeeesmente. ~ (b) Theaggreg ate of the ~mounte psysble puraumt to eubpuagraph (s) and those payable on the note - aecured hereby, sbAll be paid in a single psymeut each month, to bs spplied to the following itema in the order atated: (I) ground reate, tsaea, seeessmeats, Sre, aud other hasard insurance premiunos; (II) interest on the note secured hereby; and C~ (III) amortiss~ion of the principal of esid aote. ~ Any deficiency in t6e amount of such aggregate monthlp psymeat ahaU unl~a made good by the Mortgegor s '~"'1 pr~ior to the due dstb of the na~t such ps~?ment, conat~tute an event o~ de t under mortguge. At ~ Mortgagee's option, Mortgagor will pay s`Lte chsrge" not eaceeding~~e.tnt ~ri o) o~y~v~ ~ ment when pud more thsn fifteen (15) days siter the due date thereof to aover he expe ~ in handling delinquentpa yments, but sucb "late~~ e" sball not beps y~?ble out of the proceeds of any sala made to satisfy tLe indebtedness aecured bereby~ unTess such proceeds ue su~cient to d~echarge tLe entire indebtednees sud all proper uoste and eupeases secured hereby. ~ 3. If the total of the ps~ymente made by the Mortgagor under (s) of parsgraph 2 preceding ahall eacee~d the G~ amount ot paymente actually made by the Mortgagee, as tcuatee for ground rents, taxes and sseessmenta, snd inaurance premiums, aa the caee may be~ such excese shall be cre~ited on snbsequent payments to be made by the Mort~a~or tor auch itema or, at Mortgagee's option, es taustee ahall be refunded to Mor~ ~!~pr..x'It,~ however, auch monthly payment8 ahall not be suR'icient to psy such items whep the same ahall beoome due and pavable, then the Mortgsgor ahall pay to the Mortgagee as truatee any emount necessary to make up _ - ~ s = - - ~ ~ ~ . ; i