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HomeMy WebLinkAbout1848 To Nsva ~xD ro Ho~ the saaae~ to~tha~ wilh a!1 and singul~~ tl?e te~ements, hereditameAts iued ~ppwr. ten~na~ thereunta belongi~g oe in unywtee ~?ppe~t,uning~ and the reve~ion and reversioi?s~ remaindec or e+e- u?aiad~ra. and elso all the estato~ right. tiWe~ iAterest, home8tead. dower and t oi dower, separ~?te eat~te, po~se~aion, claim And demand whataoever, as well in l~w as ifl Qquity~ ot.tbe si?id~urtgsg+or in und to the s~uae ~nd eva~y pert thcreot. with the ~ppurteniu?ces ot the eaid MortgY?g~r w and to the a~ma, sad every pu~ an~ parcel thereof unto tl~.d said Mortgsgee in iee simple. The Mortgagor heraby ooven~nta with the Mor~, thst he is iadefesaibl~+ sei~: ot said l~nd in tes simple or auch otht?r estate~ ii ~y as is atated hereia; thst e hus full power and law[ul right to oonvoY ~the same as aforesaid; that tbe land is free ~rom al! eacumbranoos exoept as hereiA otherwiae recited. th~t s..id Mortgagor will make such furthet aasw~?nces to prova the doresaid title to eaid land in said Mortgagee aa may be reaeon_ ablyreq uired~ ~nd th~?t said Mortgagor does hernby fully warrsnt the title W said lund, and every part theteoi~ aad ~vill deicnd the same ~guina~ the Iawlut clums oi all peraona whomsoever. PieoviasD AL~reYe th~?t ii t,he 1liortgsgor ahsil psy unto the Mortgag~ee thst certain promissory note~ oi ~ wbich the foBowing ia ~ substanti~l oopy~ to wit: , = 11,20U.00 Fort Pierce , Fiodda. December 18 ~ 1967 . FOR YALUE BBCICIVI~D the und~rsi ed romise(e) to pay to the order of Administrutor of Veterans' Aiiain, aa O~cer of ths United 3tates of America an his~y~g~ rs in euch office, us auch, end his or their aesigns, tLe princi~al sum oi g~,~~ ~ls1T~ _ ~aR1Dx~Y - - - - - - - - - - - - Dollsrs (i lYZOa 00 ~ mterea~~~~daa~at the rate oi six per ceucum ( 6%~~) P~' ann~im on tHe u~np aid balance until paid. The ~princi~ pa~l and inte+ t ah ble aEt~th~gori°d8~ Loan (~usranty O~cer, Veterans Adminiatration onal O~'ice~ in ~e~~~~~ , or st euch other we ss the holder ~te in writing delivered or msited to the debtor ia mon~ tallraents of S -ZWO $nd - - - - - - - - - - - - - ~ollara {~2~0817 ) commencing on the fir8t ~ d~y of February , 196~3 , end o~atinuing on the first d~y of each month thereafter untii this note is fuAy paid, eucept th~~, if not sooner paid, the final psyment of principal and intereat shall be due and payable on the first day ot January ,1993 • Privilege ~s reaerved to prepsy at any time, without premium or fee, Lhe entire indebtedneas or any part thereof not lesa than the amount of one installment~ or one hundred dollara (i100.00), whichever ia less. Any prepsyment made on other thsn an inatallment due dste will not be cr~,~dited uniil the nea~t following instaUment due dste. _ If any deficiency in the ps ent of any it?stallment under Wua note ia not made good prior to ~he due d~te h of the neut auch inatallment~ t e entire principal sum and acx:rued interest shall a6 once beoome due snd_~ay- sble ~vithout notice at the option oi tLe hotder of Lbis note. Failure to exerciee this option shall not conat~tute a waiver of the right to eaerc~se Lhe same in the event oi any aubeequent defaalt, In t6e event of defsult in the psyment of this note, and if the eame is oollected by an attorney at lsw, the undersigued hereby agree(s) to pay all costa of collection, includi.ng a reasonable attorney's fee. ~ 1~is note is given for purchase money of real eatste and is eecured bq mortgage to eecure debti oi even j date hcrewith, given and delivered by the underaigned to psyee on certaia real pmperty descnbed thereia. Preeentment, protest, snd notice ara hereby waived. State Documentary stamps in the ~S~_GEORGE M. H~iRRON Geor e -~:~-~ar'rori----------------•------- [eE~r.~ ~ amount of $16.80 attached to ~S~ ~ORGIA S. HARRpN original note and canceled. - - - - - ~~E"Ll Georgia S. Harron IB~ALJ I~EALJ ~ And shall duly, promptly~ and fully perform~ dis~hsrge, execute, eftect~ oomplete~ and comply with and abide by each and every the stipulst.iona, agreements, conditiona, and covenaats of said~ promissory note and of this mortgage, then this mortgage snd the estste hereby crested ehall cease and be null an3 void T'he Mortgagor further vovenauts as follovra: ~ 1. Thst he vvill pay the indebtedneee, ae hereinbefore pravided. Frivil'ege is reaerved to prepsy at sn t~me, ~vithout premium or fee~ the encire indebtednees or any part thereof not less than t~e amount of one u~at~ment, ~ or one hundred dollare (i100.00), ~rhichever ia leas. Any prepayment made on other tLan an installment due dsts will not be credited until the aext following inetallme~nt due dste. ~ 2. In order more fully to pmtect th~ eecurity of this mortgage, the Mor~°,gagor, t,ogether with, and in sddi- t tion to~ the mont~ly psymente under the t~erms of the note secuted hereby, on !he installment due dste dsy of i each mont6 until the said note is fully paid, will psy to the :1~ortgagee as truetce (under the terma of this truat aa hereinaiter etated). the following sume: - - ~ (a) A sum equal to the ground rents, if any, nezt due, gtus the premiuma that will nezt become due snd psyable on policies of fire aad other hasard insurance covering the mor aged pmperty, plus tsxes snd aeeeasmente neut due on the mortgaged pmpe~rty (all as estimated~y the Mort{cagee and of ~ ~?hich the Mortgsgor ia notified) lees all sums already paid therefor divided bl the number of monf,hs { to elspee before one month prior to the date whea such~ground rents, premiums, taxes, aud aseess- ~ F enta will become delin~~al~ Saseeesmentato be held by Mortgagee in truat to pay ssid ground rents, ~ remiums taaee aad s (b) Theag~ega te ot tLe amounts payable pursuont to subparagraph (s) and t6oee payable on t6e note ~ secured hereby, shaii be paid in a eingls psyment each month, to be spplied to the following iteats ia the order atated: ~ (I) 8round rents, tues, aaersments, Sre, and othet haiard insurauce premi~una; (II) interest on the note eecured hereby; and ~ (IiI) amortizatioa oi tLe priacipal oi aaid not~. ~ ~ Any deficiency in the saeount of euch aggregste montbly psytnen~ ehall~ unless made good by the Mortgagor ~ pnor to the due dstb of the neacL auch psyr~ent, canstitute sn event of default under th;s mortgage. At ~ Mortg~ee's option, Mortgagor will psy s"late charge" not exceeding four per centum (4%) of any inatall- ment wfien paid more than $fteen (15) dsys after the due date thereof to c~over the extrs expense involved ~ in hsndling delinquent payments~ but such "late c6arge" shall not be payable out of the proceeds of unp sale m~de to satiefy the indebtednese secured bereby~ unl~s such pmce~ls are aufficient to discharge the entire ' indebtedness and sJl proper ooste snd expe~es secueed hereby. 3. If the total of the pe~menta macie by the Mortgagor under (s) of paragraph 2 preceding ahall exceed the amount of psymenta actually made by the Mortgagee, as truatee for ground rents, taxes and assessmente, snd it?eurance premiums, as the case may be, such e~rcees shall be crediLed on eub~equent paymenta to be made by the Mortga~or for such items or, at ;~iorigsgee's option, as trustee ahall be refunde~ to Mort~ag~or. If~ hoRCev:er, such monthly~ psyments shall not be su~cient to pnp such itema when the seme shall i~eooma due and payable, then the Mortgagor ahall pay w t$ ee sa any amount necesssry to mske u ~COi( PAfE p