HomeMy WebLinkAbout0194 To Hevs ~xu ro Hor.n the same, t~ether wiU? all und singulnr the tenemeata~ hee~ed~tamenta ond ~ppur-
ten~~c.ea thereunta boloaging or in anyw~se appertsining~ snd the reveraion and reversions~ remunder or re-
iu
m~iuders. and slso att the eetuto, right, ~itle, mterest~ ~ do ~nd 6 oi dotirer, sep~r~?te estats,
poee~e~sion, c.laim snd dem~t?d ~?hatsoever, as weU in 1~~r equ ~y~ o~t~ i~uid~ortgsgor in and to the sune
and every pr?rt thereoi, ~vith the sppurtenances of ~e s~~id.IViortg~gor ~1[d to the ssme, and every put w~
parcel Rtieteof unto the s~id Mortg~?g~ee in tee eimpte.
The Mortgsgor b~+eby ooveaante with the Mor~, thst he is indefeasibly ~~a oc ~a i~a i~
aimple or snch other este?te, if anp aa ia atated Lerein; thst e hss full power and l~w(ul right to oonvey ~the same
as doresaid; Lhet the land is free ~rom ~ll encumbeanceB excep6 ei~$erein utbervrcise t+ecited; t6st sead Mort,g~gor
will make such lurther aesun?nces to prove the ~toresaid tiUe to ssid tand in eaid Mortgsgee as may be re~eon-
sb req uired, snd that auid Mortgagor does hereby iully warraati the utle ~o suid lsnd, snd every pi?r~ thereof,
an ~vill defend the same sgainst the lawful claima oi e~il pereona wi?onneoever,
Pxovtaaa AL~reYa thsL if the Mortgsgor sh~?11 psy unto the Mortgag~ee that oertain promiasory note~ oi
whic6 the foU is a aubet~t?ti~l oopy, to wit,;
i 12,0~0 ~ Fort Pierce p~,;d,~,
July 5 ,1~67 ;
FOR VALOE BECEIVIDD the undeiai ed romise a to puy to We order of th
United 3t~?tea of Ameri ~d~inestrator of Veteraus' Affairs, aa Off~oer of the
cs, and su in suc.h oft'ioe, ae such, wd his or their aesigna, e al of
ZwS.v~. ~o~rs~m ~ ~ no`~~f=~ - - - - - - - - - • Doll~~ cs`~.~';8$`8.d~° ~
with intereet from dste st the rate of six per oeatum ( qo) per annum on the
u~npaud bat~nce until paid. T6e said principal and int rne6 ~all be ~rable at offi~epf the Lt?an (3uarsnty
O~cet, Veterans Adminiatration Reg~onal U@ice, in ~t. ete~8 bLtrg ~~~OritlB , or at such
other lsce as the holder m writing delivered or msiled to the debtor in monthl ments of
s~~-s~~"'~~~~--------------~ ,~c:3~':~
first
A~ da f oi St dsy of AuguBt , 19 67 , and continning on the
y, each month thereafter untal t~us note ~s fully patd, ezcept that, if not sooner
paid,J~fuqai psyment of i~2
pal snd int~ereet ahall be due and payabte on the first day of
Y .
Priv~e~e ia reeerved to prepay a~ aay time, without premium or fee, the ent~ire indebtedneea or any pat6
thereof not leas tLan the smount of one inatallment, or one hundred dollars (:100.00), whichever is lesa. Any
prepayment made on other than an instsllment due dats will not be credit~ed un~il the next following inatsilment
due date.
If any deficiency ia the pa~?men6 of anq installment under thia note is not made ga?d prior to the due dst~e
of the neut such inatallment, the entire pruicipal aum and aci;rued interest shsU st once beoome due and Fsy-
able wit6out notice st the option of the holder of thia note. Failure to exercise this optioa aLall not consfatute
s waiver of the right to eaercise the same in the event of any subeequent default. In the event ot default ia tLe
payment of t~is note, and if t]?e asme ie oollected by an sttoraey st law, the undenigned hereby agree(s) t,o
pay all ooete of collection, including s reseonable attorney's tee.
This note ia given for purchaee money of real estste and ia eecured by mortgag~e to eecure debt of even
dete herewith, given and deliveted by the undeisigned to payee on certait? real Prc~rtY deecribed therein.
Presen4ment, protest, and noti~e are hereby waived. .
s
/ / SAI~TEZ R. EnEN
IeSAL)
, State Documentary St~p s in the ~$~mc~~~Edgn~
amount of $16.00 attached to original E~ ~e~„L~
and canceled. --~~ieresa-~dm " " "
[B~?L]
~BSALJ
And ahall duly, PrompWy, and fully periorm, discharge, execute. e~ect, complete, and oomply wit~t? and
abide by esch and ever~ ~the stipulacions, sgreements, conditions, and oovenanta of seud~ pmmieeary nots and
ot thia mortgage, then this mortgage and tbe eatate hereby created shall ce~ee and be nuU and void.
The Mortgagor further oovenaats aa follorvs: -
1. 1'Lst he vrill psy the indebtednees, se Lereinbefore pmvided.' Privilege ~s reserved to prepay st any time,
~vithout premium or fee, the entire indebtednees or any part thereof not leas than the amount of one wstallment,
or one Lundred dollarg (t100.00), whichever is lesa. Any pre,Psyment made oa other tLan an installment
due date will not be credited unUl Lhe nea~t tollowing insts?ment due dste. ;
2. In order more full~ to pmtect t~ie secerity ot thia mor~ga~e trie M r, tog~etLer ~vith, and ia addi-
tion b, tbe monthl~r p~ymenta under the tsrma of the note eecsur~ Lere~y. inat~l~ent due dste dsy of ~
each month untSl the asidnote is iully :$sid, will pey:
to tbe 1bToi~tgag~ae the_ follQwing aams:
(s) A sum equal~to the ground~renfa, if ang, ~eat due, pk~s the preminma thst rv~l next beonme due and '
payable on policies of fire and otber hazerd insurance caoveruig the mo~ pmpertY, Plua tszes ~
and aseeearaent8 next dus on tLe mortgsged property (sll as eatimsted ythe Mortgagee end of j
which the Mortgegor ia notified) less aU sums already paid therefor divided bp the nunn~er of months
to elapse before one month prior to the dste when euch~ground :+ente, premiuma~ t~xes, and aesees-
menta wall beoome delinquent, such suma to be held by M~rtga~g~ee in truet to psy suid ground rents,
premium3, tszes, and special aeeeeemente.
(b) Z`heaggregste of the amounts psyable pursuant to subparagrsph s) and those psqable on the note t
secured hereby, ahall be paid in a aingle payment each month, to ~ spplied t~o LLe following iteme ~
in Lhe order stated: ~
(I) 8~round rents, taaea, seeese,ments, Sre, and ot6er Lasard inaurance premiums;
(II) interest on the note eecured hereby; aad ~ _ - - - -
(III) amortizetion of the principal of said note.
Any deficiency in the amount of such aggregste montWy psyment shaU, ui~leas made good by the Mortgsgar
pr~ror to the due dsW of the neat such payment, oonstitute sn eveat of default under th~s mortgage. At ,
Mortgagee's o~tion, Mortgagor will psy s"bte charge" not exceeding four per centum (4°fo) of any inatall- ~
ment wben paid more than $fteen (15) dsys sfter the due dete thereof to oover the erirs expense involved t
ia hendling delinquent psymente, but such "Lte charge" eha11 not be payable out of the proceeds of snp sale i
made to satiafy the indebtedness eecured hereby, unleea auch proceeds are su~cient to discharge the entire !
indebtednees and all proper custe snd ezpenses secured hereby.
3. If the tot~l of tl~e paytnenta made by t~ie Mortgagnr nnder (s) of parsgrsph 2 preceding ahall eaceed t~e !
smonnt of payments uctually made by the Mortgagee, for ground rents, taxes and esseesments, and inauraaoe
premiums, aa t,he case msy be, such e.~cess al~sll be cre~ited on subsequen~ psyments to be msde by the Mort-
gag~or for such items or~ at Mortgagee's optioa, ahat[ be refunded to Nior~a~or. U, however, such monthly ~
paymenta ahall not be su&cient to pay auch iteme when Li~e same shall 6eoome due and payable, Wen the t
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