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Home My WebLink About2809 TO HAYS ANA TO HOLD t}IC SIlIYIe~ tope?ther wit~ u~l ~?nd singul~ the tenements, heredita?menta ~nd spputt tena~ces thereunta belonging or in snyv~nse spperEaiatng, unci the reversion and reveraions, remsinder or res- msinders, snd wlso all the estwtc~, right, title, interea~, homeat.ead, do~ver snd right, ot dowec, separwte eatats~ poescsaion~ claim nnd demand whstsoover, as well in lsw ss in equi~y, oi tho swid 141ortgagor in and to the same snd every part tl~ereo[~ with the appurteniu?ces ot the said Mo~tgsgor in and to the same, and overy psrt end parcel tl~ereoi unto the asid Mortgsgee in fee eimple. The Mortgagor hereby oovenanls with tho Mortgagee, ~hat he ia indeteasibly seized oi asid lsnd in fee simple or such other estate. ~i i?ny, as is atated hercin; tl?et he h~?s tull power and lawtul right t,o convoy ~the same as afon~said; thst the lsnd ia lreo !rom aU encumbrances except ss herein otherwise recited; that said Mortgagor wiU make such i~rther aesurances to prove the sioresaid title to said lsnd in anid Mortgi?gee as may be reason- sblyreq uired, and thst said biortgagor does hcreby fully warrant the title tv said land, and Pvery part thereoi, and will detend the same agains~ the lawf ul clsima of all persona whomsoever. Paovtnsu Atw~Ya that it the Mort.gagor shall psy unto the Mortgngee that certein promissory note, of which the tollowing is a subetan/ial copy, to wit: = 8,900.00 Fort Pierce , ~orids. July 301968 FOR VALUR RSCSIVBD the underaip~cd mmise(8) to psy to the order of ~nl. J. Dr1Ve~ ~ sa Admin?strator of Veterana' Atfnirs, an Otficer of the United Stt?tes of America, and hia suceessora in such offic.e~ wa such, and his or their assigns, the principal sum of G~T THQUSA~ID NI~T$ IiUNDRED AND NO/100 - Doll~s (i 8, 900 . 00 vvith u?terest from dgte at Lhe rste ofS1X & three-quarter per centum6(-3~4 oJo) per annum on the u~n~paid balanoe until psid. The ssid principa! and internst. shall be payable at the o}~'icc of the Loan Guaranty 08icer~ Veterans Admuustration Regional Office, in St. pete~~buT~q ,~18 t 33731 , or st such other place ag Lhe holder ma d ate in writing delivered or ma~ to t e de tor ~n monthl yinatallments of • FI1~Yi8~ ~ IE/'1.00~ - - - - - - - -~ollars ~1.1,6 )~CF~ commencing on the 30th day of Aug113t ~ 196 , snd continumg on the~~,,~ 30th day of each month thereaiter until this note is fully paid, excep~t that, if not sooner paid, the final payment of pruicipal and interest ahall be due and payable on the 30th dsy of Julx ~ 1998 priviiege ~s reserved to prepay at any time~ without premium or fee, the entire indebtedness or any part thereof not les4 than the amount of one installment, or one hundred dollars (t100.00), whichever is less. Any prepayment made on other than an installment due date will not be credited until the next fo11oH-ing installment due date. If any deficiency in the paym ent of eny installment under this note is not made good prior to the due date of the neat such installment, the entire principsi sum and ac~:rued interest shi?ll at once become due and pay- able without notice at the option of the holder of this note. Failure to exercise this option ahall not conatituts s weiver of the right to exem~se the same in the event of any subsequent default. In the event of default in the paytnent of this note, end if the same is coAected by an attorney at law, the underaigned hereby agree(s) to pay sll costs of coUection, including a reasonable attorney'a fee. This note is given tor purchase money of real estate and ia secured by mortgage to secure debt of even de?te herewith, given and delivered by the undersigned to payee on certain real pmperty descnbed therein. Presentment~ protest, and noti~e are hereby waived. js/ Charles E. Byers ISEALj ~5~-----`,-dralyIl--W• Bx@rS----------------------- ~BEAL~ ISEALJ ~ IBEAL~ And shall duly, promptly, and fully perform, discharge, execute, ef[ect, complete, and comply with and abide by eacL and every the stipulations, agreements, oonditions, and covenanta of asid~ promissory note and of this mortgage, then this mortgsge and the eatate hereby c~eated ahall cease and be n~ill and void. The Mortgagor further oovenants ea followa: 1. Thst he will pey the indebtedneag, as hereinbefore provided. Privilege is reserved to prepay at any tune, ~vithout premium or fee, t.he entire indebtedness or any part thzreof not less than the amount of one u~stallment, or one hundred dollars (5100.00), whichever is less. Any pr~epayment made on other than sn inatallment due date will not be credited until the next foUowing installment due date. 2. In order more fully to protect the security of this mortgage, the Mortgagor, together with, and in addi- tion to, the monthly payments under the terms of the note secured hereby, on the ?nstallment due date day of each month until the said note is fully paid, will pay to the hiortgagee as trustee (under the terms of this trust as hereinafter atated) the following sums: (a) A sum equal to the ground rents, if any, next due, plus the premiuma thet will next become due and payable on policies of fire and ~ther hazard insurance covenng the mortgsg~ed property, plus tsxes and aseessmenta next due on the mortgaged property (all as est5mated by the Mortgagee and of which the Mortgagor is notified) less all aums t+lready paid therefor divided bI the number of montha to elapse before one month prior to the date when snch~ground rents, premiunns, taxes, snd a~- ments will beoome delinquent, such sums to be held by Mortgagee in trust to pap said ground renta, premiums, taxes, and apecial sasessments. (b) The aggr.~gate of the amounta payable purauant to subparagrsph (s) and those psyable on the note aecured hereby, ahall be paid in a single payment each month, to be spplied to the following items in the order atated: (I) ground renta, taxes, ae~amenta, fire, snd other hazard inaurance premiums; (II) interest on the note secured hereby; and ~a II amortizstion of the rinci al of said note. ~ ~ ) P P Any deficiency in the amopnt oi such aggregate monttilv payment a6all, unlesa m by the Mortgagor pr~ior to the due dat~a of the net6 such psyment~ constitute an eveat~of defa under thia mortgrtge. At Mort,qagee's option, Mort~agor will pay a"late charge" not exceeding~Eoue r centum~,°!o) of any ~nstall- ment wben paid more than $fteen (15) dsys aiter the due dste thereof to cover the eatn e~cpenee involved in handling delinquent payments, but such "Iste chsrge" ahall not be psyable out of the proceeda of any asle tnsde to ast~sfy the indebtednesa secured hereby, unlesa such proce~ia sre aufficient :,o d entiret~ indebtednees and sll pmper costs and expenses secured hereby. , d0p~ ~r 13V 3. If the total of the pa~ymente made by the Mortgagor under of paragraph 2 preceding ah~- e~ceed t~d amount of paymente actually made by the hiort.~sgee, aatrustee for ground rents, taxea and asaessmente, and inaurance premiuma, as the case may be, such excese ahall be credited on subsequent psyments to be me?de by the Mo~a~or for such iteins or, at Mortgagee's option, as trustee shall be refunded to Mort~agor. If~ however, suc monthly pgyments ahall nut be sufticient to pay such items when the same shall become due flncl pn~•nbie, then thP ;14ortgagor shall pay to the Mort~agee as trustee any amount necessary to mak~ np ~ _ - _ : ~ ~ ~