HomeMy WebLinkAbout1586 To As~a axn ro Hoi.a t~he same~ Lo~thcr with ~U snd ainRuler t~he tenements~ haredit~mcnts und ~ppue~-
tenanoes Lhereunto L~c+longing or in anyvinae appert~ining. u~d the reveraion nnd reveraions~ remwinder or rs-
mainders~ u~d ~leo ~tl the atate~ right~ title~ y~jl~~t,~lr~~~~~d~~r ~u?d of dowrr~ aepu~te estate~
po~sion, claim ~u?d demand whatsoever~ as rf ~1 iq~<j~js u? ~i he a~iJ ortg~gor in und to the sama
aad every p~rt t.h~reof~ with the ~ppu~teniu?ces oi f~ s~?id Mortgagor m~nd tu the samn~ u?a e~~y p.rs ,ad
p~e+cel thereot unto the asid Mortg~gee in fee simple.
The Mortgag~or hereby ooveau?ta vrith tho Mort{Csgee. ~h~t he is indefesaibly sei:ed ot said land in fee
aimple or auch other estia~e~ ii any as is ateted herein; th~t he hss i~dl povrer and l~w[ul righ! ta convoy ~tho ssme
as doresaid; th~~ the land is lree ~mm sU encumbru~oos except as hereia aU?etwise n~cited; tbat said Mortgagor
rvill make suc6 further aesur~nces to prove the sioressid titk to said l~nd in s~id Mort{~sgoe as m~,v be roaeon-
abl req uired, and that asid Mortgsg~or does heraby iully wurnai Lhe tiue to s~?id lund. and every psct thereoi~
an~~rill defend tbe sune ~gainst tbe lswtal claims of aU persoas who~rnsoever. ,
P1tO~IDSD ALw~Ya t,h~t it the Mortgsgot ehull pay unto f,be Mortgagee thaL certain promis9or~? note~ oi
.vi~i~h ehe ialow is . subae..~~.1 copy, to ..it: .
= 11,000~0 ~ Fort Pierce , Fiorid•.
Septm~aber 12, , 68
FOR VAI.UE RECEIVED, t!?e uadersigped pcoaise~s) to pay to the ader of the Ada~iaistrator of ~
Veterans' Atfa~irs, an Officer of the United States of America, and 6is successors in sach of~ce, as
snd~, and his a their assigps, the ~incipal snm of SLEVEN THOUSAND snd no/100- -
Dollars(~11000.00
with intereat imm date at the nte oi 8ix ~ three-fourth6 per centum ( ~+~o) per annum on the
u~np aid balance untal psid. The said principd ~nd internat~ shall be pay
able s~ thg offico of the Loan (iuarsnty
O~ioer, Veteraas Adminiattation.Regional O~ce, in St. Petersbttrg FlO~dB . or at such
otLer place aa t~e holder te in writing delivered or mi?iled to the ~~btor in nwntlil wruta of . ;
- - - - - - - - - - - - - -
SEV~ six ~a"'~i~i~o - ~v.~ ~ ~~:'~'`i~' )
oomm on t6e 1 t day of October , 19 6~ aud oontinuing oa tbe
~~t day oi eac6 month there~tter unW t,his note is fully paid~~z
eeBt that, if not eooner
Paid. ths ~nal p~ymen~ of principal aud interes~ shall be due and p~yabk on the 12tti day oi
September , 93. -
P~iv~e~e ia reeerved to prepay st any time, wit6out preiaium or fee~ the entire indebtedness or ~?ny part
thereo! not lees thaa the amount of one inatsllment, or one hundred dollus {=100.00), whichever is less. Any
prepayment made on oth~ th~n an inacallment due data will not be credited unt-il ~he next following inatsUment
dne d~te.
It any de6ciency in t~he pa ent of sny installment under this nota is not made g~ood prior to the due date
e
oi the ne=t such installment~ e entare rincipal $um snd ~x:raed interes~ shsll at onoe beoome due and ~ay-
e
abla vvithout notice at the option oi the oldec of t,his note. Failure to exercise tbia option ahall not constatute
• waiver of the right to e~cercise the same in tLe even~ oi any subaequent default. In the event of defsult in tha
PsYm~L oi this note, and ii the same is oolleeied by an attorney st larv, the undersigned herebY agree(a) to
Wy all uosfs of oollectioa, inctudiag reasonable aL~o~raey's tee.
This note is givea for purchase monsy of real estste and is secured by mortgage to aecure debt ot even
~ -
date here~vith, given and delivered by the underaigr?ed to payee on certsin real ProPerlY desexibed therein.
Pnsentmenl~ pmtest, and noti~e ue hemby waived.
/s/ DANIEL ROBERT DEES ~gEALJ
~ Daniel~~~oTiert'~ees--------------------- ~
/s/ DIANA DEES [ae~t.]
~~isiia -I~eeB
IBSAL~
~
~
~
~ [aswt) r
And sLall duly, promptly, and iully pertorm, diechsrge, execute~ effect, oomplete,. snd comply with and ;
! abide b~ each aud everp ~the aWpulations. agceements, conditiona~ snd covenants of sud~ pmmissory note and ~
i ot tbis mortgage, t6en this mortgage and the estate hereby created ahall ceaee and be null and void. ~
Tbe Mortgag~or further oovenanta aa followrs:
€ 1. lhat he will p~y t6e indebtedneas, as hereinbefore provided. Privilege ~a reserved to prepsy ~t anp time,
witbout premium or fee, the entire indebtedneas or any part thereoi not lees ihau tbe amount of one uiat,allmeat~
ar one hundred dollars (i100.00), ~?ichever ia less. Any p~repayment made on other than aa installment
due date wiU not ba creditsd un4'l the nest tollo~ving installmen~ due d~te.
2. In order more fully to protect the security of this mortgage, the Mortga~or, together with, snd in addi- i
tion to~ the monthly psyments under the terma of the note secured hereby, on ~ inetellment due date dsy of =
each month until the anid note is fuUy psid, ~vill gay to the biortgegee as truatee (under the terms of this ~
truat sa hereinsfter stated) t~e follovving suins: - E
(a) A sum equal to the ground rente, if anp, next due~ plus the preminms t6at will nezt beoome dus and ~
p~yable on policiea of fire and ather hasard insuranoe covenng the mor pr~operty~ plua taaes
and aeeeesments next due on the mortgaged prop~erty (all ae
~timated~t6e Mortgsgee and of
wrhich tbe Mortgag~or is notified) leas all sums already pa~d theretor divided the number of mont6s ~
to d~pee bators one month prlor t,o t6e date when suchground rtnta, prenniums, taxes; and aaeeas- ~
ments ~rill beoon~s delinquent, such sums to be held by M~regagee in trus~ to p~y said grour~i rents, r
Pnmiuaw. t~es, aud special aeseeameats. ,
~ (b) T6eag~egs ~e of the ~cnounta pay~ble pursuant to aubparagr~ph and tho~e psyable on the note '
~ secured henby, sh~ll be paid in a single payment each month~ to be appiied ~o the tollowring items
in the order atated:
(I) ~round rents, tases, ass~asmmts, lire~ and other huud i~urance ~freminms;
(II) interest on t6e note ~eeue+ed h~reb~; aad
(III) a~ortisat+on ot tbe principal oi said note. ~
Any defieieacy in t6e amount oi such a~gregate monthi~ ps~ment dsaU unle~d made g~ood by t6e Mortgagor
prior to the due dsta ot the next wch pa~rmeat~ oonst~tute an eveot o~ detault under~ tbia mortgage. At !
Mortgagee's option. Mortgag~o~ ~rill p~p s I~te charg~e'• not e:eeediu~ four p~r centum (4%) ot aa~ install_ F
aieat when p~d more than 6fteen (lb) days atter the due daLe thereot to oover tbe extn e~cpenss involved ~
in 6tadlius de umtpa
yments, but such "late c~~ "~6aU no~ bep~
yable ou~ ot the proceeds of aay sale ~
mide t,o satid~ t,6s indebtedae~s ieaured ~treby, nnT~es auad pcooeed~ ae+s wB~eient to discharge tbe entin
e ~
ind~btednMS aad aU pmper cost~ sad a:peo~es secured hereby.
3. If the tow o! t6e p~~~tnents made b the Moctgagor under (a) ot paragrsph 2 precediry~ shall eaceed the ~
anwuat of p~~ments sctually made by the~iortgagee, ~s tnist~e for ground renta~ taaes and assesements, and ~
insunnee premiwns, ~s the case m~~ be, such esoer ~hall be credited on subseqt~9~ P+41m~~
6y the Mo~tga~oc tor such items a. ~t Mortgagee's option, as truatee shall be refuoded to ,b[brt~aRor. ~
horrevet, snch monthl'pa
qments shsll not be suRuient Lo pay such itr~na ~vhen the eame sha11 beoome due ;
and payabk. then the :liortga~r shall psy to the ~ ort~ t tee any arnount ncoe~sary to malcs up ~
600~
s .
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