HomeMy WebLinkAbout2310 TO HAY6 A!QD'1'O HOLO l~l! 8wR18~ to~thce:wilh all_and aingul~~ the tenementa~ heredita?menta und ~ppur-
ten+~ncea thereunta betongin~ o~ in anyv?~se rp{~crt+dning, and the r~?ve:~ion and ~~ecsions, remainder or re-
maindera, snd wlso all the eatat~, rigl?~, title, tntereat, homratead, dovre~ ar?d ri~ht ot dowec, separ~te cstale.
possc~ian, rlaim snd demand whetsa+ver, i?s weU in l~w ~a in equii~~, of tho axid Aio~tgagor ia snd to the same
c.nd evcry part tl~ereof~ wilh the appur~e~anccs ot the said :1{o~tgsgor in and to the sume, i?nd evrry pa~t und
piu~cel thereot tu?to the asid Mo~tgagee in ice simple. ` ~
The l~~ortgagor hereby oovenen:~ with tho MortgageN. th,?t 1?e is iudetesaiblv seiaed ot s~id land in fee
simple or such olher eatats~ ~i ~?ny. aa is atat~~l l?erein; U~~?t he hKS tull power ~nd lev? fut rigl?t t~o convov the si?me
as atoresaid; that the land is free irom all Nncumbrances exc~pt, us herein othervrise cecited; th~t said :~iortgag~or
will mske such further sssursnces to prove tl~e aforesaid title to said land ia suid Mo~t~t~gre ~s m~y be resson-
sblyrequired, snd th~t ssid rlortgagor dooa hemby fully warrant the title to s~?id lund, srtd every pert thereot~ ;
and will detend the same sgsins~ the lswiul clsims of atl peisona whomaocve~.
Peov~usn A~~r~Ya that if the \fortgagor shall psy unto the Mort{~.~c that certain pcomis4ory nute~ of
which the folluwing is a aubetsnt~ial copy, to wit:
i 13,850.00 Fort Pie~~e 6~: Florida.
December ,19
FOR VALOA REC6IYRD, the undPraiRne3 pmmise(s) to pAy to the order of
Admimatrwtor of ~'etcrana' Affaira~ en Qfficer o[ t6e
United Statea of Americi? dh~s su in s c na suc ~ and their sssigns, the rinci sl sum of
Thirteen Thousaric~Eight« u~nndrec~S~~t~ an~' no~~ - Dollgrs (s 1~, SSg . 00
with interest f
r
o m d e t
e s
t t
h e r
a t
e o i p er centum ( p er ennum on the
u~np ~id balance until psid. The said principal and intPrest ahull be psyable st the g!!'icc of the Loan Gusrsnty
O~icer, Veterana Adm~niatntion Regional Office, in St. Petersburg Florids , or st such
other lsce sa the holder raa d~n ate in writing delivend or msile~i to the de~tor in monthl~ ~?s~lmenta oi
Eighty-nine and Z~~/ 1u0- - - - - - - - - - - - - - ~ollara (i • c~
commcncing on the f rst dsy oi February ~ 19 6, and oontinuing on tLe
first day oi each month thernaiter until this note is fully psid, except thst, if not sooner
paid. the finsl payment of princi al and interest shall be due and psysblo on t~he f irs t dsy of
January , is 9~.
privilege is reserved to prepsy at any time, without premium or fee. the entire indebtedness or sny psrt
thereoi not less thsn tha smount of one instaUment~ or one hundred dollars (t100.00)~ whichever is les4. Any
prepsyment made on other than an installment due date will not be creciited until th~ ne~t tollow-in~ installment
due dste.
If any deficiency in the paym ent of any instaliment under this note is not made good prior to the due dste
of the next such installment~~ the entire pnucipal sum sad acx;rued interest a6a11 at once beoome due and psy-
able without notice at the option of the holder of this note. Failure to eaerciae this option shall not conatitute
a wsiver of the right to exercise the same in the event oi any subsequent default. In the event of d~fault in the
psyment of this note, and if the sama is oollected by an sttoraey at lew, the underaigned herebp agree(s) to
pay all costs of collection, including a reaeonable attorney's fee. _
This note ia given for purchase money of real estate and ia secured by mortgage to secure debt oi even
dste herewith, given and delivered by the underaigned to psyee on cert~ re~'prnperty desecibed therein.
Presentment~ protest, snd notire ere hereby waived.
/ s / DAVID EUGENE SWARTZ ~g~~L]
-~avid'-Eug~i?~ ~-S~w~rt2-------------------
' State Documentary stamps in the ~S~ J. SWARTZ
amount of $20.85 attached to - [8~'+~
' original and canceled. Barbara J. S~iartz
ISEAL~
~ ISEAL~
And ahall duly, promptly~ and tully perform~ discharge~ execute, etiect, complete~ and oomply azth and
sbide by each and every the stipulations~ agreements, conditions, and covenanta of said~ promissory note and
of this mortgage, then tWs mortgage and the estste hereby created shall cease and be null and void.
The Mortgagor further oovenants as follows:
1. Thst he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to prepey at any time~
~vithout premium or fee, the entire indebtednees or any put thereof noti less thsn the amount of one installment,
or one hundred dollars (i100.00), whichever is lesa. Any pr~epayment made on other than an inatallment
due date will not be credited until the next foUowing installment due date.
2. In order more fully to protect the security of this mortgag~e, the Mort~agor, together vvitL, and in addi-
tion to, the monthly payments under the terms of the note secured hereby, oa t~e instsllment due date day of
each month until the sa~d note is fullp paid, will pay to the Mortgagee tdie following sums:
(a) A sum equsl to thE gcound rents~ if any, next due, plua the premiuma that will next become dus and
payable on policies of fire and other hazard uisurance coveruig the mortgaged prnperty~ plus tsxes
and assessments next due on the mortgaged prope~rty (all as estimeted by the 1liortgagee and of
which the 1liortgagor ia notified) less aIl sums already paid therefor divided b~r the number of months
to elspse before one month prior to tLe date w-hen suchground renta, premiums, tazes~ and essees-
. menta will become delinquent, such suma to be held by biortgagee in Lrust to pay said ground rents,
premiums, taxes, and apecial assessmenta.
(b) Thc aggregste of the smounta psyable pursuant to subparagraph (s) and those payable on the note
secured hereby, shall be paid in a single payment each month, to be applied to the following itema
in t~he order atated:
(I) ground rents, taxea, aseesamenta, fire, and otLer haaard insurance premiums;
(II) interest on the note secured hereby; and
(III) amortizstion of the principal of asid note. •
Any deficieacy in the amount ot such aggmgate monthly psyment shall, unless made good by the biortgagor
pr~ior to the due dste of the ne~t such payment, conat~tute sn event of default under this mortgage. At
Mort,ga~ee's option, Mortga~or w ill pay a"tate charge" not exceedicg tour per centum (4%) of any wstaU- ;
ment when pa~d more than fift~en (15) dsys after the due date thereof W cover t6e ectra expense involved ~
in handli delinquent pa ents, but such "late c~
e" shall not be payable out ot the proceeds of any sale
made to s~atiafy the indebt~ednu~s sccured bereby, unless such proceeds ere sufficient to discherge the entire
indebtednesa and all pmper coste a~ eapensea secured heceby.
3. Ii tl~e total of tl~e paym ents made by tl~e Mortgagor under (a) af paragrapl~ 2 preceding shall e~cceed tl~e
amoun~ of payments actusily made by the Mortgagee~ for ground rnnts, ta~rs and as.4essments, and insurance
premiuma, ea the case may be~ such e.~cess sl?all be creditc~d on subsequent payments to be made by the Mort-
gagor for such items or, at:4iortgagee'a option, sfiall be refunded to viortgagor. If, however, such monthly
paymenta shall not bp ~~i~cient to psy such itetna wben tlie aarr- shall become due and payable~ then the
j a~x 169 ~E2~~'3
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