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Home My WebLink About2288 1 To A~va ~Hn ro Hoi.a the s~me, to~6~ ~e tenamenta, hereditaments and ~pput+- ~ tena~oea therew~l,a h+longing or in u?yw~ee:~~ t , e~sion ~nd reveraions remainaer or re- mainders and alao all tho e$tuto ri ~ liUe. mte~omestu~ ~ dowe~ Rnd righ~t, ot dower~ sepsr~?te este~ta, posecssion, claim Rnd deni~nd ~rhai,soever~ as well in liw as in •x1uity, of tho a~?id Mo~tgugor ia snd to the aame and evecy par0 thcreot, with tha appurle~n~ncos ot fbe eaid Mort{~agor in and to tha same, und overy per6 unc~ parcel ther~ot u~to the aaid Mortg~g~ee in tee simplo. Tl~e Mortgagon c~reby oovenanta wilh tho Mort{~~gee~ ~bat he is indeieasiblp seised oi said li?nd in iee ' simple or such other eatatet iI sny as is stated herein; Lh~t he hus GiU power and lawflil right to convoy ~the same es aforesaid; chpt ~he land ~s iree ~rom ~11 encumbranoos except herein otherwise recited; thst asid Mortgagor wiU make such further aasurnncea to prove the afoe+esaid ~iUe to said l~nd in aaid MortgAgee as may be resaon- •b1~req uired, and th~t said Mortgagor doca horeby fully wurant the title to a~?id leuid. and evory psr6 lhereoi, ~ad will defend the same against the l~wtul cl~ims oi aU pereons whomsoever. PItOYIDED AL~?AYd l~la~ ii the Mortgegor ehull p~y unto the Mortg~e that certsin promiaeory note~ oi which the ioUo~ring is,? subat,~ntial copy~ to wit: gort Pierce ~ Florid~. = 11,950.00 April 14 ,19 69 FOR VAt.UE RECEIVED, tde aadersi~ned promise~s) to pay to We order of the Administrator of ~ Veterans' Affairs, aa Officer of tlie Uaited States of Ainerica, aad bis successocs in snch of~ce, as sncht and dis a Weir essi~s, the principel snm of ELEVEN THOUSAND NINE H[JNDRED FIFTY and no/100- - - - - - - - - - - - - - -Dollacs ~1,950.00 wit6 interes~ from dat,e at the nte oi seven bc OAe-1181f per ceatum ( ~ per annum on the un aid balance until paid. The said principal and intPrrat ah~ll be ps able at the offic~ the Losn (iusranty O~oer; Veteraas Adminiatntion Region.l 08ice~ in St. Peters burg, Flori~a , or •c such other p1 au d t~ writing deUveted or msiled ~o the lebtor in montWy, ~'qs ~nts o~ Ei~-~~~an~ ~O~- - - • - - - - - - - - - ~ll~rs (i tfts. oommencing o the ~4th . d~~ of M8q , 19b , snd coatinuing on tha 14t~ day oi each month thereat~er untal~ tbis nqte ia i~illy psid, e~ccep t thst, if not eooner Paid, the Snal paymenti oi principal :nd interes~ s6all be due ~nd ~:.yabk on the 14th day of April , 1994. Pnvilege is nserved to prepay at sny time, without premium or fee, the entire indebtednesa or sny par~ thereof not less th~n the amount o! one installment, or one hundred doll~rs (i100.00), whichever ia less. Any prepaymenL msde on other thsn an installment due date will not be credited until the next following instaUment dua date. If my deficiency in the paym ent of any instaUment under this note is not made good prior to the due date of the nest such installment, the entire principal sum and ac~:rued interest ahuU at once beoome due and ~sy- able without notice at the option oi the holder of this note. Failure to euemiee this option shsll not conatatute a wuver of the right to exercise the same in the event of any subsequent default. In the event of default in the psyment of thia note~ and if the same is oollected by an sttornoy at law, the undersigned hereby agree(s) to psy all ooeta of oollection, including a reasonable sttorney's tee. a Thia note ia given for urchaea money of real est,ate and is secw~ed by mortgagei to secure debt of even date here~vitL, given and d'vered by the undersi~ed to payee on cert~ia real pmpertp described therein. Preseatment, protest~ end not_ic~e are hemby wsived. 9~,e~e Do~,~s~cy S~s /s/ RICHARD G. ROSS IBEALJ ~t . Richard G. Ross o~3,gi~a} ,e~d . L$/_--,S~~I- ~~~S IBeAr.] Sharon Ross ' (BEALJ ~ IBgAL~ . ~ And ahall duly, promptly, snd lully perform, discharge, eacecute~ effect, oomplete, and comply with and abide by each and every ~the sWpulations, agreements, conditions, and covenante of sud~ promiseory note and ~ of thia mortgag~e, then this mortgage and the estate hereby cxested shall cease aad be null and void. T6e Mortgagc?r further covenante ss follovv~a: 1. 1'hst he will psy the indebtednesa, ua hereinbefore pmvided. Privilege ia reserved to prepsy st any time, ~vithout preinium or fee, the entire indebtedness or any psrt thereof not lesa than the amount of one installment~ ot one hundred dollars (t100.00), whichaver ia less. Any prepsyment made on other thaa an instaUment ~ dua date will not be credited uintil the nezt fo]lo~ving inst~llment due dste. ~ 2. In order more fully to pmtect the security of thie mortgsge, the Mort~a~or, together with, and in addi- tion to, the monthly paymenta under the terms of the note eecured hereby, on t~e inatallment due date dsy of each month until the said npte is fuUy paid, will pay to . the Mortgagee as truatee (under the terma of this trust as hereinafter stated) t6e following sums: f (s) A sum equal to the grouad rents, if anp, neat~ due, plna the premiums thst ii?vill next become due snd psyable on poUcies of fire ~nd ~ther haaard insurance covenug the mortgag~ed pro~perty, plus taxes and asaeasmenta next dus on t~he mortgaged pmp~erty (all sa estimeted b the Mortgagee and of ~ vrhich the Mortgagor is notified) leas aU sums already paid therefor divided ~l the number of montha to dspee before one month prior to the dste vrhen auc6~ground rente, premiuma, ta~ces, and aeeeas- menU will beoonna delinquent, auch sume t~o be held by Mortgagce in truat to p~?y asid ground rente. premiums,~La:es~ and apecial aseeesmente. ~ (b) Thes~ega te of tLe unounts psysble pursuant to subparsgcaph (a) and those psyable on the nots ~ eecured hereby, ahaD be paid in a su~gle payment each month, to be spplied to the following itenns ~ in the ordar ststed: ~ (I) 8~rouad rents, tszea, ae~smente, Sre, aad other hazsr~ insurance premiums; ~ (II) interest on tbe note secured hereby; and (III) amor~isatioa of the principal oi said note. Any deficien~cy in the ur?ount of such aggregate monthlp payment ahall unlees made good by the Mortgagor pr~ar to the due dat~ of the neaL such paqment, conatitute an event o~' default under this mortgege. , At ` Mo~'s optioa, Mortgagor will psy a'bte charge" not exceeding four per centum (4~Jo) of any install- } ment w en pad more than $fteen (15) da}ra after the due dste thereof to c~over the extn expense involved ia handling del~'nquent payments, but such "late chaige" shall aot beps yable out of the proceeda of any sale made to eatisfy the indebtednesa secured herehy, uAleas such pro~eeds ue su~cient to discharge the antire indebtednees aad sll proper costs and eapem~es secuted Lereby. 3. If the total of the pe~ymente made bp t~he Mortgsg~or under (a). of parsgcaph 2 pre~eding ahall eaceed the amount of payments actually made by th~ Mortgagee, sa trustee for ground rents, taxes and aseessmente, and insuranoe pnmmme, aa the case may be, such excess shall be credited on subaequent payments to be made by the Mortgagor for such items or, at Mortgsgee's option, as ttustee shall be refunded to Mort~agor. If, however, snch monthl~ payments ahall- not be sufficient :o pay such itema when the same shall beoome due and payable, then the Mortgagor shall pey to the~ :4iortgagee aa truatee any amount nec~ssry to r~lEe= qp i•; - ~~1~ ~?~E2~85 . . _.~r ; - - - _ , ° ~ : ~ ~ ~ ~ -