HomeMy WebLinkAbout1581 To Aeva ~xo ~ro Hoi.u the sune, t~e+the~ wit,h s~l i?ad siagulnr tbe tsnemente~ hereditaments snd ~ppi?e~
ten~noes W?ereunco belonging or in wywiee sppertalniog~ and t,he reversion snd reveraiona, remainder or re-
m~indera, end ~lso ell tbe eeti~te, cight, tiWe, u?tecest~ homesfkad~ dower e?nd righ~~ ot dower~ eepar~te eafa?te.
poeBeeaion~ c.laim i?nd derasad ~rhstsoever, as weU in l~w ss in equity, ot tho suid Mortgsgor in ~nd to the sama
and every peu~t thereof, with the ~ppurtenances of t!?e eaid Mortgegor ia and to the asme, and every put end
parcel thereof unto the said Mortgsgee in iee simple.
The Mortgag~or hereby oovenants with the Mortgsgee~ thst he ie indetesaibly seised oi said lwd in fee
simple or such other ~state~ d~ny se is stut,ed herein; that he hRS tull power and lawiul righ~ to oonvep ~the asme
as doresaid; thst the le?nd ia tree ~rom e?ll encumbrancas except sa herein otherwiae r8cited; thst said Mortg~gor
~riU malcn such iucther sesursnces to pmve the aforesaid title to asid 1~?ud in aAid Mortgagee sa msy be rei?eon-
abl req uired~ snd thst eaid Mortgagor does hereby fullp wurant the tatle to asid l~nd, snd every p~?rt thereoi,
an~will defend the same agsinst the lawful clsims ot all pereons whomeoever.
Pnomnsn AL~v~YS thst if the Mortgagor ahaU psy unto the Mortgag~ee that oertain promissory note, of
~vhich the following is a substantial oopy~ to wit:
i 17 , 000. 00 Fort Pierce , Fiorida .
June 28 ,196g .
FOA VALIIS BECEIYED~ the undersiRned promiee(s) to pay to the order of
~ Administrutor of Veterans' A~fi?irs, an O@'icer of t6e
United Ststes of Amen~ and bis suoc~eeore such oftice, as such~ wnd his or their asaigns, th oi
SEVFNTEEN ~H~TSAND a
fd no~00- - - - - - - - - - Do~ara t ig,~~
with interest from d~te s0 the r~te o S R per centum ( ) per annum on t~he
u~n~pa~d balmce until psid. T6e s~?id principa~l aad interesr ah~?11 be psy ble st the oflioo p~the Losn (3uaranty
O~cor, Veterane Adminiatratioa Regional O@'ice, in St. Peters~urg Florida , or at such
other lac~ sa tb?e holder may deaign~ye~n ting delivered or mailed to the de~tor ia montlil ents of
0~ HUNDRED NINE and 5~+/10~- - - - - - - - - - - - ~ollars ~1~.~+
oumraencing on t~he first dsy of Au~ttSt , 19 68~ and oontinuing on the
first day oi each month therei?fter until"thia note is f~illy paid, ezcep t thst, if not eooner
paid, theJ
¢l payment of in~~pal and interest ahsU be due and psysble on the f ir8t dsy oi
1~ , `J
Privile~e is reeerved to prepay st any time, witLout premium or fee, the entire indebtedneea or any put
thereoi not lc~sa than the amount of one inatsllment, or one hundred dollars (i100.00), whichever ia lesa. Any
prepayment made on other LLan an installment due date will not be credited unt~il the next following inatallment
due dabe.
If any deficiency in the pa~m
ent of any installment under thia note ia not made good prior to the due dste
of tLe neut such installment, the entire princapal sum and ac~:rued intecest a6a11 at onoe beoome due and Fay-
able without notice at the option oi the hoider of t6ia note. Failure to eaerciee thia option ahall not conatatute
s waiver of the right to ezerc~se the same in the event oi any subeequent default. In the eveat of default in the
psyment of tLis note, and if the asme ia collected by an stbrney st ls~v, the undersigned hereby agree(s) to
psy all costs of oollection, including s reaeonable attorney's fee.
This note is given for purchaee money of real eatste and ia secwred by mortgage to eecure debt of even
date herewith, given and delivered by the underaigned to payee on certain real pmperty deecribed therein.
Preeentment, protest, and notice are hereby wsived.
State Documentary Stam~ s in the ~s~ H~1RY H• MATTH'~S _M_-______ ~gEAL~
-
amount of $25.50 attached to
original note and canceled. - H~sl~y~~~~~ATTHEWS _~SE,,~
"-~"a"rolqri~ G:'1~.~~hews
,
, _ - - . (
~ iBSAL
' _ • ,
~
~ • IBgAL~
And aball duly, prompt1y, and fully perform, ~ischarge, execute, effect, oomplete,_ and uomply with and
~ abide by each and every the atapulation$, agreemente, oonditione, end covenante of said_promiseory note and
of thia mortgage, tLen th~s mortgage aid the estats hereby aeated ehall ceaes aud be aull and void
~ The Mortgagor further oovenmta aa follows:
~ 1. Thst he will psy the indebtednees, aa hereinbefore pmvided. Privitege ~a reaerved to prepay st en time,
without premium or fee, the eatire indebtednees or uny part thereof not lees t~6aa the amount of one ~na~ent,
or one hundred dollais (i100.00), whichever ia lees. Any repsyment made on other thaa aa inatallment
s
due dste will not be credi'ted unt7 the nert following ins ent due date.
2. In order more f~illy to protect the security ot t,his mortge~e the Mo r,_togather ~vitL, snd in addi-
~s
tion to~ tiLe montlil psymente under the terma of the note secure~ hereby, on mstsllment due dste dsy of
each month until ~e aaid note is fully psid, will psy to the Mortgsges the follo~ving sums:
(s) A sum equsl to the ground rents, if any, neat due, plua the premiwns thst will neat become due and
psyable on policies of fire and c?tLer hasard insurauce oovering the mort~aged pmperty, plua ta?aes
and aeeeasments neat due on t6e mortgaged prape~rty (sll as estimste~ b tLe 14iortgagee and of
rvhich the Mortgagor is notified) leas all aums already paid therefor divided ~l the number of months
to elspee before one month prior to the dste wLen auch~ground renta, premiums, taxes, and assees-
menta will bec;ome delinquent, such sums to be held by Mortgeg~ee in trust to pay said ground rente,
premiuma, tsx~, and speciel aee~smente.
(b) The te of the amounts psyable puisuant to subparegrasph (s) and thoae payable on the note
e
aecured ereby, ahall be paid in a s~ngle paymeat each month, to be applie~i to the tollovPing itema "
in the order stated:
~
~ (I) ground rente, t~es, aeeeeaments, fire, and other haaard insurance premiuma;
~ (II) intereat on tLe note eecured hereby; and ~
~ (III) amorwizaWon of the principal of ssid note. ,
Any deficiency in the amount of such aggregate monthlp payment shsll unleas made good by the Mortgagor
pr~ior to the due dats of tLe nest such payment, oonatitute an event o~ defeult under this mortgage. At
Mort,ga~ee's o~tion, Mortgsgor will psy s'late charge" not ezoeeding four per centum (4%a) of any instsll-
~ meut wben paid more thsn $fteen (15) dsys sfter the due date thereof to oover the extn expenee involved
~ in delinquentps ents, but such "late charge" shall not be payable out of the proceeda of any sale
madh
e t~o e~atisfy the indeb~neas eecured hereby, unlees euch proc~eds are su~cient to diecharge tLe entire ~
itedebtednees snd sll proper casts snd ezpet~es eecured hereby. ~
~ 3. If the total of the psym ents made by the Mortgag~nr under (e?) of paragraph 2 preceding ahall exceed tLa
amonnt of psymenta actually made by the Mortga6N. ~or ground rents, ta~es and asseescnents, and inauranoe
premiums, sa the case msy be, such eacesa ahall be credited on subaequent psyments to be made by the Mor~
g~g~r for such itema or, at Mortgag~ee'a option, elull be refunded to Mo r. If, howe~er, ~ch monthly
~ paymeote shall not be sufficient to psy such ite~s when tLe eame ~ehall~me due and psysble, then the
~ aooK172 ~~1575
~ ~ ~ ' t ~~sr ~ ~ ; - _ _ _ . _ - y~
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