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TO NAVS ANO TO HOLD ~•II@ S!?ille~ to&e+ther with all and aingul+~c the tenementa~ hareditsments snd sppurL tenAncea thereunto bclonging or in eu?yw~se a~pertuining, snd the reveraion nnd revecsiona~ remainder or te- iasinders~ and aleo all the estatc~ right, titlo~ ?ntereat~ l~omeatead~ dower and righ~t of dower~ aepsrAte estats~ possesaion, elaim ar?d demsnd wh~taoever, se well in lsw ss in equity, of tho $aid Mortgsgor in and to the same ~ eu?d every part thcreof~ with the appurtenances oI the said '4iortgagor in and to the same, and every part end j psrcel thereof «nto the said Mori~agee in tee simple. ~ The Mortgagor hereby covenents with the Mortgagee, 1.hpt he is indeteasibly sei:ed oi said lsnd in fee ~ simple or auch other eetate~ d any as is atated herein; that he hna full power snd taW iul right to convoy ~the asa?e ss uforeaaid; thst the land ie free ~rom sll encumbrancoa except se herein otherwise recited; tbst asid Mortgagor will make auch further sesuruncea to prove the sioreasid title to said land ia asid Mortgagce as may be reeeon- ablyreq uired~ and thet said Mortgsgor does hereby fully warrant the tiUe to said lsnd, and every psrt thereof~ ~nd will defend the same sgainst the lawful clsima oi ail pereona whomsoever. PROViaEn ALwAYe that if the Mortge~g~or shsll psy anto the Aiortgsgee that certain pmmissory note~ of ~ which the following ie s aubatantial copy, to wit; ; i 12,000.00 Fort Dterce ~ Florids, k February 21 , i9 68 • ? ~ FOR VALUF. RECSIVSD~ the underaiRned promiae(s) to psy to the order oi , as Adminiatrator of Vetersrw' Afiairs, t?n Gfficer of the - Uni o~p erica and his succ n siich office, xs such, an~i hia or their assigns~ the rinci el sum oi TH~`USA1+~D and no~~a- - - - - - - - - ~ - Dol~ars (s 1~L,0~0.00 with interest from dete at the rate oi Six per centum ( 6%) per annum on the u~n~paid balance until paid. The said principal and intemst shwll be peyable st the ot~'ice of the Loan Guaranty OB'icer, Veterane Admu?istration Regional Office, in St. Petersburg, FlOridB ~ or at such other lace as the holder may d ate in writing delivered or mailed to the debtor in monthly inatallmenta of SEV~TTY-SEVEN and 32~00- - - - - - - - - - - - - ~ollers (i 7,7.32 commencing on the • first dsy of AAril ~ 19E,g , snd oontanuuig on the aid the~inat t day of each month thereafter unCl Lbis note is fully paid, ~cept that, ii not eooner p ~MBrCh payment of 19 cipal and interest sball be due and payable on the 1rSt dsy of ~ 93 • Privilege is reserved to prepay at any time, without premium or iee, the entire indebtedneas or any psrt thareof not lesa than the amount of one inatallment, or one hundred dollars (=100.00)~ whichever is lese. Any ~repsyment made on other than an inataliment due date will not be credited until the next follow-ing inatallment . ue dste. -1 It any deficiency in the peym ent of any inatallment under thia note is not made ~~od prior to the due dste of the next euch installment, the entire principal sum and ac~;rued interest shalt et once beoome due snd ~ay- able without notice at the optioa of the holder of thie note. Failure to exerciee thia option ahsll not conaWtute s wsiver of the right to exerciae the same in the event oi any eubaequent default. In the event of default in the payment of this note, and if the same ie collected by en attorney st lsw, the underaigned hereby sgcee(s) to pey all costs of collection~ including s reasonsble attorney'e fee. „ _ - This note is given for purchase money of real estate and is eecured by mortgage to secure debt of even ' dste herewith, given and delivered by the underaigned to payee on certain real pmpertp deecnbed therein. Preaentment, pmtest, and notice are hereby wsived. /s / ROLAND H. VAILIrANT ; State documentary stamps in the [sE"L~ Roland H. Vaillant ; amount of $18.00 attached to /~J__~_~~_ V~TT ejQ'~'_ _ ~gEALJ ; original and canceled. Rita M. Vaillant ~BEALJ ' IBEAL~ And ahall duly, promptly, and fuily perform, diach~rge~ execute~ effect~ complete~ and comply with aad abide by each and every the atipulations, agreements, condiUone, and covensnta oi said~promiaeory note and of this mortgage, then this mortgege and the estate hereby created shall ceaee and be null and void. The Mortgagor further covenants as follows: 1. That he will pay the indebtednesa, ae hereinbefore provided. Privilege is reeerved to prepay st snp time, ~vithout premium or fee, the entire indebtedness or snp part thereof not lese thsa the amount of ona inets:lment, or one hundred dollars (i100.00), whichever ia lees. Any p~repsyment msde oa other thsn an inetsllment due date will not be credited until the neat following inetallment due date. . 2. In order more fully to pmtect the security of this mortgage, the 4iortgagor, together with, and in addi- tion to, the monthty payments under the terms of the note secured herebp, on the inatallment due dste dsy of each month until the said note ie fuUy paid, will pay W the 1~iortgagee as truetee (under the terma of t6is trust as hereinafter stated) the following sums: (a) A sum equsl to the ground rents, if any, next due, plua the premiuma that will next become due and payabie on policies of fire and ~ther hazard insurance covering the mortgaged property, plus Laxes and aeaesamente next due on the mortgaged property (all sa esiimatedby I.he Mortgagee and of which tLe Mortgagor is notified) lees all sums already paid therefor divided b1 the number of montha to elapse before ope month prior to the date v~hen such~ground rents, premiume, taxes, and asaess- m menta w:ll become delinquent, such eume to be held by Martgagee in Lrust to pay said ground rent8, premiuma, tsxes, and special assessmente. (b) The aggreg ate of the amounts payable pursuant to subparagraph (a) end those payable on the note secured hereby, shall be paid in s aingle payment each month, to be applied to the following itema in the order atated: (I) ground rents, taxes, assessments~ fire, and other hazard insurance premiuu~; (II) interest on the note secured hereby; and (III) amortiiation of the principal of said note. Any deficiency in the amount of auch aggregate monthlv payment ahall, unless made goud by the Mortgagor pr~or to t6e due date of the ne~t, such payment, constitute an even~ of default ~^der this mortgnge. At Mortgagee's option, Mortgagor w ill pay a"late charge" not e~ceeding four per u:ntum (4°Jo) of any install- ment when ps~d more than fifteen (15) days after the due date thereof to cover the extre eapense involved in handling delinquent payments, but such "late charge" ahall not be payable out of the proceeds of any sale msde to satiafy the indebtedness secured hereby, unle.ss sucb proceeda are su~cieut to discharge the entire indebtEdness and all proper coats and eapenses secured hereby. 3. If the total ot the pavments :nade by ihe Vlorigagor under (a) of paragraph 2 preceding ahall exceed the amount of papments sctual~v made by the ~fortgagee, as trustee for ground rents, taxea and assessments, and ~ inaurance premiums, ae the~case may be, such excess ahell be credited on subsequent payments to be made by the tiortgagor for such itema or, at ~Iortgagee's option, as trustee shall be refunded to :1Tort;agor. If, however, such monthly pa~rnents shall not be aufficient to pap such items when the same shall beoome due and payable, then the ~1ort~a~or shall pa3 t,~ t~e ~ af;ee ee any amou~~~ necessery to make up ~ ~ ess 6001(~ ~AGE~L1~ ~ ~ . , _ _ _ ~ ~ ~ ; _ ~ . = ~ ~ ~ ~7~~-~:::-; -