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TO HArR AND 1'O HOLD ~I1e SaR1E~ tc~e~her wilh all u?d ainguls~ the tenements~ heredit~?menta and ~ppuc ~
tenanoes thereunto Mlongiag or in anywiee appert~ining~ eu~d the reveraion and revecaiona~ rem~inJer or re-
tnainders, and sleo aU tho estAte~ right~ title~ inteeeat~ ~4do d ~igh~t ot dovre~, sepsrate estate,
poesoasion, claim snd demaad whataoever, as weU i!~ 11? equ~ty. ~~d Moctgagoc ia and to the same
u?d every p~~t W~creof~ with the appurtenRncos oi the sai ortgi?gor~~~i ~d to the sama, iwd overy psrt Rn~ '
p~e~cel V~enwf uato t,he asid Mortg~gee in iee simple.
1Ue Mortg~gon c~reby ooven~nts with tho Mort{t~, t,ha1. he is indete~sibly eeiscd o~ said lsnd in fee
simple or such olher ~stat,e, if any, aa is atated herein; U:~t he has tuU povre~ and law~ul right t~toonvoy ~the same 4
as aforesaid; th~t tbe lu?d is free tm~n all encumbrancoa exoep~ ~s herein oLhorwiae recit«!; th~t said Mortg:gor
~vill m~ke such turther aeeurancra to pmve tLe Jot~esaid title Lo sud l~ad in suid Mo~tgsgee as may be rosson- ~
abl req uired~ and U?~t ssid Morlgagor does horeby tully warraat Lhe title to suid l~u?d, anci every part thereof,
an~w?ill defend tba same against the lawful cl~ims of aU pe~ons whoa~soever.
Pxov~usa AL~r~YS that it the Mortgsgor ahsll pay unt~o Uu Mortga~ee th~t oertain promissory note. of
which ths foUo~ving is a subatantisl copy~ to wit:
i 16,900.00 Fort Pierce ~ gb~~, ,
January 7 , ~9 b9
FOR VAI.UE RECEIVED, the nadersi~ed pmmiseis) to pay to the order of tde Administrator ot
Veterans' Aifaics, aa Officer of the Uuited States of America, aad his snccessors ia sncb office, as ~
such, aad his or their assi~ns, the principal sum of SIRTEEN THqJSAND NINE HUNDRED
andno/100------------------Dollars(;16,900.00 ,
with intereat fmm date at ihe rste of S ix per centum ( 6%) per annum on the ~
u~n~paid bal~nce until paid. ThR asid principal and int4rest ahall be payable ~t the oftico o[ ~e Loan (3ueranty ~
OH'ioer, Veter~na Adrainiatcat;on Regional OR'ice, in St . Petersburg , Flor~ a ~ or at suck
other b?oe aa tLe holder d te ' writing delivered or m~iled to the debtor in monthlY ~t~~p~nta oi
a~ aurinx~n Eica"~' ~"a9Yioo_ _ _ _ _ _ _ _ _ _ _ ~,,,,,,a . y ~
oommenci~g on ~he first day oi February , 19 , and oontinui~ig on the ~
tl.=9 t day ot eacL month thereatter until this note is fully p~id, exoept thst, if not sooner
psid, the Saal paymeac oi principal and interest ahall be due and payabk on the first ~Y ~
January , 1994.
Priv~ege ~s reserved to prep~y at any time, without premium or fee, the entire indebtedneea or any part
thereot not less than the amounL of one inatallment, or one hundred dollara (i100.00), whichever is less. Any ,
prepsyment mi?de on other thsn an installmen6 due date aill not be credited until the next following instellment !
due da~e. {
It any deficiency in the psym ent of any installmen~ under this note is not made g~ood prior to the due date f
oi the neat such inat~allment, the en~,ire pruicipal aum and sc~:rued interest ahwll st once beoome due and p~p-
able w?ifhout notice at the option of the holder of thia note. Failure to exemiae tbia option ahsll not constitute ~
a~v~iver oi the right to exercise t6e same in the event oi any subeequent default. In We event ot default in tLe ~
payment of tLia note~ and if the same is oollected by an sttorney at Isw, the undsraigned heceby agree(s) to
pay all ooets ot collcction, including s reasonable sttorney's fee. i
T~is note is given for purchase money of real estate and is eecured by mortgage to aecure debt oi even
date here~rith, given and delivered by the unde~igned to payee on certain real property deec~ribed therein.
Pnsentment, pmtest~~ and not~ice are hereby vraived. ; _
State Documnentary Stamps in the /s/ MATTNEW ALFONZO BETHEL SEAL
[ 1
amount of $25.35 attached to
original note and canceled. , /s/__DOROT~iY M. BETHEL ~BE,,,,~
_
IB~ALJ
[BS,?L]
~
; And ahaU duly. pmmptly, and lully perform, dischsrge, ezecute, eftect, complete~ and comply with and
~ sbide by each and every ~the atapulationa. agreements, conditiona, and covenante of sud~ pmmiseory note and
of this mortgage, then this mortgage and the estate hereby cxeated shaU ceaee md be null and void.
The Mortgagor further oovenant8 as folloNrs:
1. That he will psy the indebtedness, as hereinbefore provided. Privile~e is reserved to prepsy st an~ time,
without premium or fee, the entire indebtedness or any part t~reof not less thaa the amount of one installment,
ot one Lundred dollars (i100.00), whichever ia lees. My p~repayment made oa other thaa aa installment
due d~te ~vill not be credit~ed until the neat following installmeat due date.
2. In order more fully to prutect the security ot thia mortgage, the MortgagOr, together wit6, snd in addi-
tion to, the monthly paymeata under the terms of the note secured hereby~ on tLe instsllment due date day of
each month until the said note is fully paid, will.psy to the biortgagee as trustee (under the terms of t6is
Uvst as hereinatter at~ted) -the [olbwing sums:
(a) A sum equ~l to t6e ground rents, ii any. neit due, -plus the pcemiu~ns tLst will ne~t b~oome due and t
psyable on policiea of fire and oLher huud inaurance ooveri.ng the mortgaged pr~operty, plua tsaes ~
snd aseessmente neact due an the mortgaged pmp~erty (all as estimated b~r the Mortgagee and ot ;
which the Mortg~?gor is notafied) less all sums already pa~d therefor divided b~ the number of months ;
to elapee before one month prior to the dst~ when suchground ret?te~ prenniums~ taxes, and asaeas- ~
~nta will beoo~e delinqu~t, sucL sums to be held b~ Mortgagee in trust to pay said ground rents~ ;
premiums, ta:es, and speciai aseeesments. ~
(b) Thes~regs te of the amounts payable purausnt to subpuagraph and thase psyable on the note ~
~ ~ecured henby~ ahall be paid in a aiagle psyment each month, to be applied to t6e following it,ews §
~ in the ordar stated: i
, (I) ground rents, tauea, asseesments, fire, aad other hasard insuraaoe premiuma;
~ ~
(II) intenst on tLe note secured hereby; and ~
. t
(III) aaaortizafaoa oi t~e principal ot said note. '
Any deScieacy in !he srtwunt oi such aggregste monthl~ payment s6a1i unless made gnod by t6e I~iortgagor ~
pric~r to the due dsta~ of the ae:t, such p~yment~ couatitute aa event o# default uader this mortga~a. At
Mo~ag~e 'a option. M~ ~rill pi?y a"late charg~e" not exoeediag (our per centum (4%) ot any mstall-
mant w6en pud mors thsa ~ttee~ (15) d~ys after the due date theceot to oo~et the e~ctn expenee ~nvolved
in bandliag delinq uea~p~
ymeats, bu~ auch "l~te char~e" shaU ao~ be y~ble out of the proceeds oi any ale
made to satidy tbe indebtedn~s secured bereby, ucileas suah ~r~oee~are su8'icieat to discturge the entire
indebtedoe~s and all proper oosts and expa~es ~ecured bereb~.
3. If the total oi the p~~ymenta m~de b the Mort~sg~or under (a) ot pu~Rraph 2 preceding shall eaceed t6e
~raount ot payraet~ta actually m~de b~ the~ortgagee, ~s trwtce for ground renta, tuee and aaeeaementa, and
insunnce pnm~ums, as the case rnyr be~ wch excees shall be credited on subsequent p~?ymenta to be made
by thE ~ioct~s~or tor such items or~ ~t ~iortgag~e's option~ ss truete~ shallb~ reI}~t~~ied, tp `lortsca~r. It,
ho~rever, such ~nonthly paymenta ~i~sll nbt be sufncient :,o pay auch items wt~n t,he'eiuae.shall beooma due
and payable, then the ~iort~er shall p~y W the \tort~agee ae trust,ee any amount n~ry to m~lce up
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