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Home My WebLink About1613 TO HAVP AND TO HOLD ~I1P SdiYIF~ toge?ther w~th all ~?nd singular the tennments, heroditaments and eppur- tenanma thereunto belonging or in snywise a~pcrtainin~, t?nd thH reversion and re~•ersions, rE+mainder ur re- muindcra~ and xlso all the estAte, right~ title, ~nternst~ homestcad, do~ve~ nnd ri~•,hl ot doHer, ~parate ~•state, possc~.gion, ~laim and demsnd wl~atsoover, as w~ll in law as in equil,v, oi tlie sniil `tortgagor in and to the san~e end crerv part. Il~ernof~ with the eppurtennn~~~~ of the said ~torLgx~or ~n and to the se~mo, and ~vrry part anc~ pamel Uicrnoi unto ihe said Mortgegee in fc•e simpl~. The ~iortgagor 1?ereby covenants H-ith tho Mort~agP~, thwt ho is indefea.gii~ly ~ized oi said land in fee siniplo or such other estete, ~t any, as is statcd hemin; tl~e?t lie h~?.4 full power and law tul rigiit to convev the same as aforesaid; that thu land is fmc+ !rom sll cncumbrances except ns herein otherN ise recited; that said ~iortgagor will make such further assurances to pro~o tho aforesaid title to said lsnd in awici Mort~ngec+ as mav be reason- ablyreq uired~ and that said Ttortgagor cioes herrby fully warrant the title to sni~i land, Knci every part thereoi~ and will de[end the same against the lawful claima oi all pcrsona whomsoe~~r. PROVinEn ALw~~s thAt ii the ~Zortgagor shAll pa,y unto the Mortga~ce tha~ certe?in pmmissory note, of which the following ia e substantiel copy~ ta wit: E 12,500.00 Fort Pierce , Floridn. February 16 , i9 68 . FOR VALUF. RECPIVRD~ the underai~ned pmmise(s) to pay to the orcier ot Adminiatrator of Veterana' Aftairs, an Officer of the Llnited St~ace~~i ~n ~a s n such office ch and his or their assi s ~h of 1WEI.VE THO~~Aivll' ~~~1~ and noJ~- - - - Doll~s~(a with intereet from dste st ~he rate of SiX per centum ( 6%) Pcr annum on the u~n~paid balsnce until paid. The said principal and int~•mst. shnll be payable at Lhe otfic~ of the Loan Guaranty O~'icer, Veterans Admiiuatration Regional Office, in St. Petersburg, FlOrida , or at such other lsce as the hold m y de8ignate in writing delivered or meileci to the debtor in monthly inatallmenta ot Eig~ityand54~~0~-----------------~ollara(i 80.54 commencmg on t.he first day of April , 196 , and continuing on the first day of each month thernafter until this note is fully gqid, excr.pt that, it nat sooner paid, th~e~eh payment of pn~,c~pal and interest shall be due and payable on the first dey of yj Privilege is reserved to prepay at any time~ without premium or fee, the entire indebtedness or any part thereof not less than the amount of one installment, or one hundred dollara (i100.00), whichever is less. Any prepayment made on other th~u? an installment due date will not be credited until the next follaH-ing installment due date. If any deficiency in the payment of any installment under this note is not made good prior to the due date of the next such installment, tf~e entire principal sum and accrued interest shall et once become due and pay- able without notice st the option of the holder of this note. Failure to exercise this option shall not constitute a waiver of the right to exemise the same in the event of any subsequent default. In the event of default in the payment of this note, and if the same is coAected by an attomey at lew, the underaigned hereby agree(s) to pay all costs of collection, including a reasonable attomey's fee. This note is given for purchase money of real estate and is secured by mortgage to secure debt of even date herewith, given and delivered by the undersigned to payee on cert,~in real pmperty described therein. Presentment, protest, and noti~e are hernby waived. State Documentary Stamps in the /s/ LESLEY L~ RAvLERSvI~ _~gFAL~ amount of $18.75 attached to Lesley L. Raulerson ~ original and canceled. _/_s/___BEATBICE_RAIILEBSQ~i_____________ (ae+L] Beatrice Raulerson i ISEAL~ I ~ ~BEALJ ' And shall duly, pmmptly, and fully perform, dischArge, execute, effect, complete, and comply w~t.h and ~ abide by each and every the stipulations, egreements, conditions, and covenants of said~ promissory note and ~ of thia mortgage, then this mortgage and the estate hereby created shall cease ~?nd be null and void. ! 1'he Mortgngor further covenants as follows: ~ 1. That he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to prepay at any time, ~ without premium or fee, the entire indebtedness or any psrt there~f not le,ss than the emount of one uistallment, r or one Lundred dollars (a100.00), whichever is less. Anp prepayment made on ot6er than an installment t due date will not be credited until the nea~t following installment due date. . ~ 2. In order more fully to protect the security of this mortgaee the Mortga~or, together with, and in addi- tion to, the monthly peyments under the terms of the note s~cure~ hereb , on the inatsllment due date day of r ~ each month unti! the said note is fully paid, will pay to the Mortgagee t e following sums: ; (a) A sum equal to the ground rents, if any, next due, plus the premiums that will next become due and ~ payable on policies of fire and ~ther hazard insurance covering the mortgeged peopert~, plus tsaes ~ and assesaments next due on the mortgaged property (all as estimated by the ~iortgagee and of ~ which the biortgagor is notified) less all sums already pa~d therefor divided b~? the number of months T to elspse before one month prior to the date v~hen suchground renta, premiums, taces, and assea~- ~ ments will become delinquent., such sums to be held by :~iort.gagee in trust to pay said ground rents, ' premiuma, taxes, and special assessments. ; (b) The aggregate of the amounts payable purauant to subparagraph (a) and those payablc on the note ~ secured hereby, ahall be paid in a single payment each month, to be applied to the follow~ing itetne ~ in the order stated: ~ (I) ground rents, taxes, a~ssmenta, fire, and other hazerd insurance premiums; _ (II) interest on the note secured hereby; and ~ (III) emostization of the principal of said note. - Any deficiency in the amount of such aggregate monthlv pny'ment shall, un~~ made good by t6e ~iortgagor ~ ~ prior to the due date of the ne~t, such payment, constitute an event of default under this mortgxge. AL Mortgagee's option, Mortgagor W iil pay a"late charge" not e~ceeding four per centum (4%) of any install- y IY18IIt When paid more than fifteen (15) days after the due date thereof to cover the e~tra expense involved ~ in handling delinquent payments, but such "late charge" shall not be payable out of the proceeds of anp sale ~ made to satisfy the indebtedness secured hereby, unless such proceeds are sufficient to dischsrge the entire indebtedness and all prnper costs and expenses secured hereby. ~ 3. If the lotal of the paym enta me.de by the 11Sortgagor under (a) of paragraph 2 preceding shail exceeci tl,e ::t amount of payments actually made by the Mortgagee, for ground rents, taxc~s and assessments, and insurance premiums, as the case may be, such e~cess shall be credited on subsequ~ent payments ~o be made by the Mort- ~ gagor for such items or, at Mortgagee's option, shall be refunded to Mortgagor. If, howeve~, such monthly payments shall not be sufficient to pay such itema when tLe same shall become due and paysble, then the % 170 ~~1608 ~ ~ ~ , ~ .~ry~ - _ }S 'f . . _ . '40 ~ . _