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Home My WebLink About2846 t ~ V , To H~va ~rrD ro Houa the sRnae. to~ther with all and ainRula~ the t,enementa. hereditaanents ar~d ~ppu~ j tenancea thereunt.a t~+longing or in anywise ~pert~?ining, ~nd th~ rnversion and reversiona, rem~inder or re- ~ waindera~ and slso sll tho eatatc, cight,, title. ?nterest. l~amesto~d~ dower und ri b~h~l. oI dower, aepsrxls estate, s poaseasion, claim und demand whsteoever~ ~s well in lav as in equi6y, ot tho anid Moct{~gor in and t~o ~he same and every part t.hcoeof. vrith the appu~ten~ncos oi the aaid Mo~tg~gc?r in and to I,he sunae, ~nd cvery pert nn~ p~rJe1 thereot unt,o t,he said Mortgagee In tee simple. 'l~e MortgRgon c~reby oovenants with t~ho Mort{~a~ee, ~h~t, he is indefessibly acised ot said lsnd in fee aimple or such other eatate. ~t ~?ny as ia atated heroin; tl~at he hos fuU power and lawful right to convoy ~the sama as uforeeaid; th~t the lRnd is free ~rom all encumbrances exespt as hareia otherwise n~cited; tb~t ssid Mortgsgor rvill m~ice such further aesunu?ces to prove the ~tor~said ~itle to said Iwd in s~id Mort~e~ce as may be r~saeon- sblyrequired~ and that said Mortg~gor dces hereby fully warraat the tide to suid land, nnd eve~y pa~6 theceoi, ' aad will defend the same sgainst tihe lswtul cl~ims ot all persons whoa~a~oever. PROYIDBD AL~IAYB ~1at it the Mortgsgor sh~ll p~y unto f,he Mortg~ee that oec~sin promissory note~ of which the foUowing is • substantial copy~ to wit: ' i 11,300.00 Fort Pierce , F1orid~. Februsry 24 . ~e 69 FOR VAI.UE RECEIVED, the undersigaed pcomise~s) to pay to the order. of the Administrator of ~ Veterans' Affaics, aa Officer of the Uaited States of America, and his successors in such of~ce, as such, and 6is a their assi~s, the principal sum of ELEVIId THOUS~AND THREE HUNDRED ~ andno/100----------------- Dollars(~ 11,300.00 with interest from dste st the rste ofsix & three-fourths per centura (6 per annum on the u~np sid balance until paid. '1`he said prit?ci~p~a~l and int~rnst shnll be p~yable ~?t the ofi'icr ot ~he Loan (3uaranty OHicer, Veteraas Administntion Regionat O~ce, in St. Petersburg, Florida , or ac such other lace ~af~ft~h~e holder msy d~~~~~$~Q~ i/j~] writing delivered or msiled to the debtor in mont!hly 'Q~$~~~~/~Q([~cnts ot ~~~li-EIGHT an\i VV~VO~ w ~ ~ ~ ~ ~ ~ ~ ~ ~ ~a~ ~V i VV ~ oommepginQ on the 24th dsy oi March ~ 19 by, and continuing on the ~ "L4tri day of each month therestter until thia note is fully pud, ezeept thst~ ii nat sooner paid, tbe find payment of prineipal sad interest shall be due and payahle on the 24th di?y oi February , , .1994. ' ~ privilege ~a reserved to prepsy at eny time, wiLhout premium or iee, the entire indebtednesa or any put thereoi not leas th~a the arnowLL of one inatallment. or one hundred dollara (i100.00), whichever ia less. Any prepaymenE m~de on other than an installment due date will not be credited until the neat following installment dua dste. Ii any deficiency in the psym ent of eny inatsllment under this note is not made good prior to the due dste ot the neut such inatallment~ the eatire principal sum and ac~:rued interest shall at once become due ~nd psy- ~ble without notice at the option of the holder of thia note. Failure to e~cem.ise this option ahall not constitute s waiver of the right to exercise the same in the event of sny subsequent default. In W?e event of default in t6e payment of tLia note, and if the asme is oollected by sa attorney st lsw, the undeisigned hernby agree(a) to pay all oosta of oollection, including a reasonable attorney's fee. This note is given for purchase money ot real eatate and is eecured by mortgage to secure debt oi even date herewith, given and delivered by the undersigned to payee oa cert~aia real property described tLerein. Presentment, pmtest~~ end notire are hereby rvaived. /s/ MORGAN L. PARRAMORE ~ State Documentary Stamps in the _ _ [sE~L] , amount of $16.95 attached to Morgan L. Parramore ; original and canceled • ~~8~ -~~~'-~~,L' p~~~~ ISEALJ Linda Hiane Parramore ~ [S~ALJ ~ ; (ss~~.J ~ ' And ahell duly~ promptly~ and tully perform, dischasge, euecute~ eNect, complete,_ and coraply with and f sbide by each and every ~the stipulations, agreements, conditions, and covensnta oi said~ promi.~sory note snd t of this mortgage, then this mortgage and the estate hereby created s6a11 cease and be null and void. f The Mortgagor turther covenants as follows: ; 1. That he vrill pay the indebtedness, as hereinbefore provided. Privilege ia reserved to prepsy at an~ time, _ without premium or fee, the entire indebtedness or. any psrt thzreof not le~ LLan the ~ount of one u~stallment. ar one hundred dollars (i100.00), whichever is less. Any prepayment made on otLer than aa inatallment ~ due date will not be ctedited until the' neut follorviiig inatallment dua date. 2. In order more f~l~ to pmtECt the security of t6is mortgage~ the Mor~~ , together ~vith~ and in addi- tion W, the monthly pq~rmente under the terma of the note secnred hereby, on the iostaUment due date day of ~ rm each month until the sa~d note is fully peid. will pay to the Mortgsgee ss trvatee (under the terms of thia trust aa hereinafter atated) the following sums: : - (s) A sum equsl to the ground rents, if any, next due, plus the premiuma thst wiU next become due and psyable on policies o#-fire and other hazard inaurance covering the mortgaged property~ plus tsxes and ~mente next due on the mortgaged property (sll as estimated by the Mortgagee and oi ` 5 rvhicl? the Mottgsgor is notified) less all suma already paid therefor divided bj the number of months ~ to elapee beiore one month prior to t6e date when suchground rente, prenuuma, taxes, and a.qaess- menta will bwome delinquent~ such s~tns to be held by Mortgagee ia truat to p~y said ground rents, ~ pnmiums, ta:es~ and special aeeeawnent~. : ~ (b) 'Theaggregate oi the amounta payable pursuant to subpsragr~ph and those p~ysble on the note ~ ~ secured hereby, ahaU be paid in a single psyment each month, to bs spplied to the follovring iterns ~ ~ in tLe order atated: ~ (I) gronnd rente, tues, aeseeeinents, 6re, and other hasard inaurance premiums; ~ ~ (II) intee+est on tLe note secured henby; and ~ (III) amortis~tion ot the principal oi s~id note. Any dsficieney in itie amount ot such aggregste monthly p~ym~nt shaU unless m~te good by the Mortgagor ~ pr~r to tbE due d~tb of the ne~t such psyment constitute an event o~ default under thia mortgsge. At Mortgagee's oplion, Mortq:gor wil! p~y a"bte c~arg~e" not exceediag four per centum (4°Jo) oI any install- ment rv6en pa~d moro t6an $ft.cen (15) days dter the due date thereot to oover the exlrs expense involved in handling del~nq ueat ps~nnents~ but sucb "bte charge" shall not bep~ yable out ot tha proceeds ot aay sale made to satiety the indebtedness secured Lenby, unless eucb pt~o~eds ace su~cient to d~scharge the entire ~ indebteduees iutd aU pmper oosts and expemes secured 6ereb~. 3. it the total ot the pa~ ymente macle by the rtortgs~+or under (a) of parsgraph 2 ptecedin~ ahall exceed the amoun~ of p~ymenta actuaily made by the `iortgey~ee, as trus~ee for ~round renta, taxes and asaessmenta, and insunnce prr.rmums, as the case may be, auch exceae shall be credited on subaequent paymenta to be made by the Mort~a~or(or such items or, at ~tort.~aRee e option, as truatee ehell be ce(unded to ~tortxs~or. It, ~ horvever, auch monthly pa~ menta shali not b~ aufi'iciemt to pay such itema when the same shsll become due a~d pa'able, ihen the ~lort~s~or stia~ psv to t~e~~i a ae t~ustee a~y amount necessu~ i~~ ke up 600K PAGE ~,0~ a ~ , - - _ ~ ~ - ~ ~ _ ~.~_~--~~~~~~~W~~sM_ ~n~. .