HomeMy WebLinkAbout0518 To Hevs ~tro ro Hot.o the same~ to~thec with all and aingulnr the t,euements~ hereditumeats ond sppueL
te~~~aes thereunto belouging or ia.atiyw~ee sppectsining, i?ud the reveraion and reve.aions, remsinder or re-
maindet+e. and +aso all the esU?te~ tigh~, title~ ~nterea~ hom~te~d, dower Rnd t, ot dowec~ separute eatste~
n
poeeeesion~ cl~ira ~nd deraaad rvh~tsoever~ us well in l~w as in equity~ ot tho auid' octg~gor in and to the aune
and every pi?r~ tbereof~ rvith tha sppurtensncus of t6e said Mortg~or in ~nd to the same~ and every put anc~
purce[ thereoi uato tba s~id Mortgagee in Iee simple.
The Mottgag~or hereby oovenants w+ith the Mortg~g+ee, that he is indefeseibl seised oi s~id land in fee
si
aimp~e or such other estate~ it any ae is stat~ed herein; that he 1?ss f uU power aad taw ul right to oonvoy ~the sanns
as dores~id; tbsti the lu?d ~s free ~rom sU encumbrwcos excspt ~a herein ot,~?erwise recited; Wat s~id Mortgag~or
will m~ke auch further ssswy?aces to prove the atoresaid title to said laad in said Mortgsg~ee as m~y be re~uoa-
ab~yreq ~ired, and tLat eaid Mortg~gor does hereby iullp warr~nt tLe tiLle to euid land~ and every pi?tt theteoi,
and ~riU detend the suna ~gainst Lhe l~wtul claims oi uil pereons ~vl?omsoevar.
PROV~usn AL~r~YS thst ii the Mortgagor shull pay unto the Mortgagee that, cectain promiasory note~ oi
which the fotlowing is ~ substantial copy, to wit: Fort Pierce
=16,000.00 ,
~ June 3 , ~s 6g .
FOR VALVS RECEIYED~ the unde ' ed mmiee(s) to pa to the order oi
A~trAtor oi Veterans' Affaira, i?n O~'ioer of the
United SUtes oi Americ~~ and his su rs in suc.h office, i?e auch~ and his or their a~igas, the al oi
$~~l`EF.r1 THOt~SAND and no 100- - - - - • - - - - - - Dollers (i1~,~~8. a~ )
~n mtereet h+ona ste st the rste ot 818 per centum ( b per aanum on the
unp4id b~lsaoe untal paid. The said prinp'~1 and interNSt ehall be psysble at the ~ce o~the Loan t~usru?ty
rs
O~cer, Veter~ns Adminietration Regional ~ce, in St . Petersburg , F ori a , or .t such
0 older d te in writuig delivered or m~iled to the debtor in moathly ins~
enta of
~f~~i~-~~and~~~ - - - - - - - - - - - - - -~oll.rs(i 95.88
oammencing on the first d~y of July ~ 19 6$ aad oontiauing on the
fir$t d~y of e~?ch month theresfter until tbis nots is iully paid, e:cepti tiut, if aat sooner
paid, the ~nal paymeat af principal and int~erest ehall be due and payable on the first day ot
PrivJ'il~e~eeis reeerved to pr3epsy at any time, withaut premium or fee, the entire indebtednees or wy purt
tbereof not lees than the amount of one inatsllment, or one hundred dollars (i100.00), ahichever is lesa. Any
prepayment made on other thsn an instsllment due d~te aill not be credited until the next following ineLaUment
due dste.
If any deficieacy ia tha pa~n ent of any inetallment under thisnote is not made good prior to the due d~te
of tLe nert such inatallment, the entire principal sum and ac~;rued intereat sholl st once beoome due and Fay-
~ble ~vithout notioe ~t the option of the holder of thia note. Failure to eserciee this option shall not oonstitut~e
~~vaiver of t6e right to e~cercise tLe same in the event of any subeequent default. In the event of def~ult in the
payment of tLis note, aad if the eame is Qollected by an attorney st l~w~ the undetsigaed hereb~ agree(s) to
pay all ooats oi oollection, including ~ reseonable attorney'a tee.
This note is givea for purchaee money oi real eetste and is secured by mortgage t~o secure debt ot even
d~te herewith, given i?nd delivered by the undere,igned to papdb on c~rrtain real pmperty deecnbed therein.
Pr~esentment, proteat, aad notice sre hereby waived.
State Documentary Stamps in the ~s/_GEQtGE L. ENGLAND
IdEAL~
00 attached to George L. England '
amaunt of $24.
original and canceled. [s-~ _ ~=-T-~~__E:_ 8`?~D ~BEAL~
Ratherine E. Eng~anc~ +
[8~?Ll
~BEAL~
And ehall duly, Pmmpdy, and fullr perform, diacharge, eacecute, effect, complete,. snd comply with and
~bide by each end every ~the etapul~tione, agreements, conditaons, and covenanta of sud~ promiseory note and
of this mo_-tgag~e, then thia mortgag~e and the estste hereby crested ehall cease and be null :nd void.
The Martgagnr f~rtb~er oovenaats as follow~:
1. 1~at he will psy the indebt~edneee, as hereinbefore provided. Privilege ia reserved to prepsy st snp time~
witaout premium or fee~ the entue indebtednees or any p~rt thereof not leee than t,he amount-of one instaliment,
or one hundred dollars (i100.00), whichever is leae. Any prepsymm6 made oa otLer than aa inat,allment
dua date will not be credited unW Lhe nezt followiag installment due dste.
2. In order more fuUp to pratect the eecurity of thia mortgaYe the Mortgagor, together with, end in sddi-
tion to, the monthlp psymenta under the terme of tbe note eecuret~ hereby, on tbe u~atallment due dste day of -
e.ach month until the eeud note is fully paid~ will pey to t~e Morigagee as truatee (under the terma of thie ~
truat aa 6ereinafter atated) the follovring auma: ~
(a) A sum equd to the ground renta, if any, neut~ due, plus the premiums tLat will next become due and ~
payable oa policies of Sra aud otLer haurd insurance aovering the mor~ property~ plua tsxes ~
u ~
and aa~eesmenta ne~ct due on the mortgaged prop~erty (~il as est~imoted ythe Mort{tagee and of
wi~ich tbe Mortgag~or ie notified) lees all sums alnady p~ud therefor divided bp the number of months '
to elspse before oae month prior to tLe dste w+hen such~ground rents, premiunas, t~aces, and :ssess-
menb ~rill beoome delinquenti, such sums to be held by Mortgagee in trust to pay said ~+ound rents~ ;
preraiums, t~es~ ~nd rpecial ~eee~smeats.
(b) Thea~ega
te of t6e amounta Fayable pursuant to subparsgraph ~a) and those payable on the nots
aecured hereby~ sha]1 be paid m a single payment each month, to be appUed to the iollowing items
in the order stated:
~
(I) ground reab~ tua, as~e~wne~t~, Sre, aad otbee hwrd insurance premiuma; :
(II) intee+e~L on the aote ~ecured hereby; and '
(III) amortisatao~? of ths principal of Nid note. .
Any deficiency in the amount oi such aggnegste monthlT psyment ~h~ll ualess made good by the Mortg~gor ;
prior to tbe due datb of the nex~ such ~ryment oonstitute an event o~ detault under tbis mortgage. AL ~
Mor~gagee's option, M will pa~ 'bte c~arg~e•' aot e~ccxeding four per centum (4%) of any inst~all- t
ment whea pud mors tl~teen (15) d~ys dter che due dats Lbereof ta oo~e~ t6e eztn expe.n~e involved
in 6andling delinquen~tpa
yraenta, but such "latecharga" absll not bep~?yable out ot the proceeds of any aale
made to ntidy the indebtednes~ iecured henby, unleas such prooeeds ue su~cieat w d~scharge the entire
indebtedae~s and sU proper oosts sad espe~a secuced bereb~.
3. If the total ot tbe p~ ~nts made b the Mortgsgor under (a) of paragnph 2 preceding shalt exceed the
~ym n
amount ot payment~ actually made by tbe . ortgagee~ as trustee tor gmund reate, taxes and aaseesmenta, ~nd
inaurance premiwns, as the caee m~y be, such ~ccess ahall be credited on subsequent paymeata to be m~de
by the 1liortg~gor for such items or, at ~iortg~gee's option, ae trustee ehaU be re!'unded to :4iort~sg~or. I[, ~
howev~~ wcb monthly ym~nts shall not be su~'icient W pay such items w6ea the a~rue ahr?ll beooa~e d~e
n
, and pa~~ble, thm the ~ ottg~g~or ~t?att pay W the :No tee sa amount nece~sary te m~lce up
~ ~2 ~ ~~s =
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