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Home My WebLink About2132 TO HAVF. AND TO HOLD Lfl@ SAiY10~ to~e~he~ w•ith all i?nd singutw~ the tenemen~s, hereditaments snd sppur- t,enancra thereunto b~longing or in.anyNise appertainin~~ and the rc+version and ceversions, remainaer or re- ~nainders, ~u?d alao all the eslate, c~ght,~ title, mte~est~ l~omestead~ cio~ver and right ot dower, sepa~xte estate~ poasessian, claim and demand whataoever, aa well in law as in equity, of tho said hlortgesor in and to the same and cr~~ part thcreof, with the appurtenencca of the said AiortgKgor in and to the samo, and every part wnd parcel tl?ereoi unto the seid Morigagee in tee simplo. The 1liortgagor hereby covenants Nzth the Mortgagee, ~hat he is indefeasiblv seized ot said land in fee ~ simple or such other estete~ if sr?y, as is atated herein; that he h~?s full power and lawtul right to wnvoy the same as aforesaid; thst the lsnd ia free irom nll encumbranccs except ss herein ot,herwise recited; tbst said 141ortgagor will make such further assurances to prove the sioreaaid title to said isnd in said A'Iortgagee sa may be resson- ablyrequired~ and that snid Mortgagor does hereby tully warraat the title to said lAnd, and evcry part thereof, and will defend the same against the lawf ul claims of all persona whomsoever. Pxovin~n ALw~Ya thet if che Mortgagor shnll pay unto t~he Mortgagee that certain promissory note~ oi which the following is s subetantial copy~ to vrnt: i 8, 200. 00 Fort Pierce , Florids . February28~ 196g . FOR VALUF. RECEIVTsD~ the underei~r?ed promise(s) to pay to the order o Administrator oi Veterans' ARaica, t?n Officer of the Umt tates o mencs an ~s successors ~n s? c o such~ an~l hia or their essigna, th p c um of EIGHT THO[JSAND '''1~10 HUNDRED anc~ no ~b~- - - - ~ - Do~lnrs (s ~ , ~a~ ~ with interest from dete at the rate of SiX per centum ( per annum on the unpaid balance until paid. The said principal and inte st sh~]1 be peyable at thg,Qfi'icc o the Loan Guaranty Officer, Veterans Admimstration Regional OR'ice, in ~t. PeterSburg ~ r'lOri 8 , or at such other plece as the holder me designate in writ.ing delivered or mailed to the dehtor, in monthl installments of FIFPY-7.W0 and 84/y1 00- - - - - - - - - - - - - - Dollars (s ~2.84 commencing on the first day of April . , 19 68 , and continuing on the first day of each month thereafter until t~us note is fully paid, except that, it not sooner paid, the final peyment of principal and interest shall be due and payable on the first day of March ,1993 • Privilege is reserved to prepay at any time, w ithout premium or fee, the entire indebtedness or any part thereof not less than the amount of one installment~ or one hundred dullara (E100.00), whichever is less. Any prepayment made on other th~?n an installment due date v? ill not be credited until the next follow-ing installment due date. If any deficiency in the peym ent of any instaliment under this note is not made gooci prior to the due date of the next such installment, the entire principel sum and aa;rued interest ahall et once bewme due and pay- able without notice at the option of the holder of thia note. Failure to exerciae this option ahall not constitute a waiver of the right to exercise the same in the event of any aubaequent default. In the event of default in the payment of this note, and if the same ia collected by an attorney st lsw, the undersigned hereby agreg(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 herew-ith, given and delivered by the undersigned to payee on certain real property described therein. Presentment~ protest, and notice are herpby waived. /s/ DANIEL R. HARBOLT State Documentary Stamps in the (Se~L] Daniel R. Har'6o1t~ ~ amount of $12.30 attached to /s/_ PATRICIA _HARBOLT ~ae,L~ original note and canceled. Patricia Harbolt ~BEALJ ~BEAL~ And ahall duly, pmmptly, and fu113--per[orm, discharge, execute, eRect, complete, and comply w ith and abide by each and every the atipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then thia mortgage and the estate hereby created ahall cease and be null and void. . The Mortgagor further covenants sa followa: 1. That he w~il pay the indebtedness, as hereinbefore provide~. Privilege is reserved to prepay et anv time, without premium or fee, the entire indebtedness or any part thereof not le,ss thsn the emount of one instaflment, or one hundred dollars (~100.00), whichever is lesa. Any pr~epayment made on other than an installment 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 :4lortgagor, together with, and in addi- tion to, the monthly paymenta under the terms of the note secured hereby, on the installment due date day of each month until the said note is fully paid, will pay to the ~+lortgagee as truatee (under the tErms of this trust as hereinafter stated) the following sums: (a) A sum equsl to t.he ground rents, if any, next due, plus the premiums that will next become due and payable on policiea of fire and otLer hazard inaurance covenng the mor aged pmperty, plua tsxes and asaeasmenta next due on the mortgaged prop~erty (all as eatimated~y the Mort{ragee and of which the 141ortgagor ia notified) lees all sums already peid therefor divided b~r the number of months to elepes before one month prior to the date when euchgro und rents, premruma~ taxes, and aasees- ments will become delinquent, such suma to be held by Mortgagee in truat tv pay said gro~nd rente~ premiums, taxes, snd apecial eesessments. (b) The aggregate of the amounta peyable pursuant to subparagrsph (a) and those payable on the note secured hereby, ahall be paid in a aingle payment each month, to be applied to the followzng items in the order stated: - (I) ground renta, taxes, assesaments, Sre, and other hazard inaurence premiums; (II) intereat on the note secureci hereby; and (III) amortizatican of the principal of said note. ~ Any deficiency in the amount of such aggregate monthlv psyment ahall, unless made good t,y the Mortgagor pr~ior to the due date of the ne~t such paqment, constitute an event of default under this mortgage. At Mortgagee's option, Mortgagor w ill pay s"lste charge" not exceeding iour per centum (4%) of any install- ment when pa~d more than fifteen (15) days efter the due date thereoi to cover ~he estra expense involved in handli delinquent a ents, but such "late charge" ahall not be payeble out af the proceeds of any sale made to s~atisfy the indeb edness secured hereby, unlesa such prceeeds are su~'icient to d~scharge the entire _ indebtedaess and all proper costs and eapenaea secured hereby. 3. If the total of the payments made by the :~1ort_gagor under (a) of para{~raph 2 preeed~ng shall e~ceed the amount of payments actuelly made by the ~4ortgagee, as trustee for ground rents, tases and as.gessments, and insurance premiums, as the case maq be, such excesa shall be creciited on subsequent payments to be made ~ by the `lortgagor for such items or, at ~iortgagee's option, as trustee ahall be refunded to ~1ort~agor. If, j howe~ er, suc6 monthly pasmenta ahall not be sufficierit to pey auch items when the same shall become due : and payable, then the ~lortgagor shall pay to the :~ior a ee ae trustee any amount necessary to make up ~ ~ -s~~K~.~O~z~z~ ~ _ _ _ _ _ ~ - - Y~~ ~ ~~~~.~A..~ ~ ~ .~~a: