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To H,?vs ~xo ~ro Ho~.n the aame~ to~the~ vrith sU end aingula~ the ts~?emente. hereditamenta ~nd sppur- '
tenan~? thereunto belaaging oc ia anyw~ae appertuininR, and tha reversion end reversiona~ remainder or re- i
maiaders. and also a!1 the estate~ right. title~ interest. hameat,ead~ dowec nnd ri ~ ot dowec, sep~rAte eatate. ~
poaecssion, clsim und demand whataoever~ ~s weU in l~w as in equity, of tho said ortge~gor ia ~nd to the same !
and every pArt thereot, with the appurtennnces of the a~id ;~iortg~gor in and to the a~une~ and every part Rn~ i
parcel thereof untc? the s~id Morlgsgee in Iee simple.
The Mortgagor hereby oovenenta with the Mortgagee~ that he is indefeasibl~r sei~d ot said laad in tee ~
simple or euch other eatate. if any aa is atated herein; that he h~vs tul! power and lawtul right to convoy ~the sams r
aa uforeasid; that the land ia free ~rom ~ll encumbrences except as hereia othorwise recited; that said Mortgagor i
will make such turther aasureu?ces to pmve the sioresaid tiUe to said l~nd in suid Mo~tRagee as msv be reason- '
sblyreq uired~ and that aaid Mortgegor dces hereby tully wurant the title Lo suid lund, nnd every part thereot, ~
aad will defend tbe same agains~ the lwwtul clsims ot sl! pcreons whomeoever. s
PROVIDRD ALNAYS 1.Lw~ lI ~h8 ~ZOiI$~O~ 8}11111 pay IIR~O ~l8 MOt~bg'Ci :~at certain promissory note~ oi ~
which the follovving is s substantisl copy. to wil: ~
i 12,750.00 Fort Pierce , Florid..
December 29 .19 67
Foa VwLVa Rscsivsa~ the undeisi ed rnmise s to •y to the order ot
Adminiatrator of Veterana' ARi?ira, e?n OQ'icer oi :he ~
e s~ s s ~ ne ch~ or their assigns~ the rinca al sum of
~~'~'`~b$~'~ ~~8 Y~'~~ no~~~- - -n~:jA~ cs i~i, ~~o. oo
with intereat fmm dste st tt?e rste of SiX per cenLum ( b%) per enuum on the
un~psid belance until psid. The asid principsl and inter~t ah be s qble a~ the ce Qi the Losn (3uaranty
OS'icer~ Vetersns Admuiiatration Regional O~c.e, in ~t. ~et~~Sburg ~ F~OY'1d8 , or st such =
other lace as e holder d ate in writing delivered or msiled to the debtor in monthlyQ
' ~nents of t
EIGI~TY-ZW~ 8nd 1~~1~ _ _ ~ _ ~ _ _ ~ ~ _ _ _ _ ~llsrs V~~~. .
oommencing on the f rst day oi February . l~i , snd continuing on the ;
first dsy of esch month theredter until Lhis note is fully paid~ except thst, if aot eooner
pud, the final payment oi principal and intereat shall be due and paysble on the firSt dsy of }
1993 • '
PJnvile
gae
i~s
reserved to prepay at eny time, without premium or fee, the entire indebtedness or sny part ;
thereoi not less than the amount of one installment~ or one hundred dollars (i100.00), whichever is less. Any ~
prepsyment msde on other thsn an installment due dste will not be creclited until the next follov?*ing instullment ~
due date. ~
It any deficiency in the paym ent of any inatallment under this note is not made good prior to the due dste
of the next such installment, the entire principnl sum and accrued interest ahsil st once become dus snd psy-
able without notice at the option ot the holder of th~a note. Failure to e~cerciee this option shall not oonstitute
a wsiver of the right to eaercise the same in the event oi any subsequent def ault. In the event of deisult in tLe
psyment of t~ua note, snd if the same ia collected by an attorney at law, the undersigned hereby agree(s) to
psy all coats oi collection, including s reaeonable attorney's fee.
This note is given for purcLase money of real eststs snd ia secured by mortgage to eecure d6bt of even
dste herewith~ given and delivered by the undereig~nod to psyee on certain real pmperty described therein.
Presentment, protest~ snd notiee sre hereby wuved.
/s/ GEORGE H. LeDOUX
IBEAL~
State Documentary Stamp s in the George H. LeDoux
amount of $19.20 attached to _Js1 _RO$EMARIE__LeDOUX________________ ~SE~~
original and canceled. Ytosemarie ~elSouX
ISEALJ
IBEALJ
And shall duly, promptly ~ and f~illy perform~ discharge, execute, efiect, complete, and comply with and
abide by each and e~ery the stipulations, agreements, conditions, and covenanta of sud~ pmmiasory note and
of this mortgage, then this mortgege and the eatatc+ hereby created aLall ceaes and be null and void.
The Mortgagor further Covenants sa follows:
1. Thet he will pay the indebtedness, as hereinbefore pmvided. Privilege ~s reserved to prepay at any time,
~ithout premium or fee, the entire indebtednesa or any part thzreoi not less thsn the amount of one inatallment~
or one hundred dollars (5100.00), whichever ia less. Any prepayment made on otLer than aa inatallment
due date will not be credited until the next following instellment due date.
2. In order more fully to protect the security of this mortgage, the vior~r, together with, and in addi-
tion to, the monthly payments under the terms of the note secured hereby, on t e installment due date day of
each month until the said note is fully paid, will pey to the Mortgagee as trustee (under the terms of this
truat aa hereinafter stated) the following sums:
(a) A sum equai to the ground rents, ii any, next due~ plus the premiums that will next become due and
psyable on policies of fire and other hazard uiaurance covering the mortgeged property, plus taaes
and nssesaments next due on the mortgaged pmp~erty (all sa estimated by the Mortgegee and oi
which the il~fortgagor is notified) less all sums alresdy paid therefor divided b~ the number of months
to elepse before one month prior to the date v~hen auch~gro und rents. premiuma, taxes, and asee~-
ments will become delinquent, sucL sums to be held by Mortgagee in truet to pay said ground rents,
premiums, tsxea, and special aseessmente.
(b) The aggregate of the amounts payable purauant to subpsragrsph (s} and thoee payeble on the note
secured hereby, shell be gaid in s aingle psyment each month~ to be applied to the following items
in the order atated:
(I) ground rents, taaes, aeeeasmente, Sre, and other haaard inaurance premiums;
(II) interest on the note aec«red hereby; and
(III) amortiuation of the principal of said note.
Any deficiency in the amount of such aggregate monthly payment shall, unleas made good by the 1liortgagor
pr~ior to the due dstas of the ne~6 such pa~ment, constitute aa eveut of default under this mortgage. At
Mortgagee's option, Mortgagor vrill pay s'late chsrge" not eaceeding four per centum (4%) of any install-
menti wben paid more than fifteen (15) days after the due date thereof to cover the extra expense involved
in hsndling delinquent pspments, but sucb "late charge" shall not be payable out of the proceeds of sny asle
made to satisfy the iu.jebtedness aecured Lereby, udess auch proceeds are su8'icient W d~schsrge the entire
indebtednees and all groper coeta wd expenses secured 6ereby.
3. If the total of the pe~ymente made bp t~he ~+Iortgagor under (a) of parsgraph 2 pre~eding ahaU ~ceed the "
amount of paymente ectually made by t6e viortgagee, sa trustee for ground rents, taxee end aeseeements, snd
~ inaurance premiums, sa the case may be, aucb exc~3s ahall be credited on subsequent pnymente to be msde
by the :4lortgagor for such items or, at ~lortgsgee's option~ ss trustee shall be refunded to Mort~ag~or. If,
however, 6ucb monthlp pavrr.enta shsll not be suff'iciant to psy such item~ ~vhen the ssme shell beoome due
and psyable, then the ~iortgagor ehall pey to the ~r~g se ttu~tee eny amount peceeesry W make up
a~K~~y P~E2471
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