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To H~~s ~xu ~ro Hoz.n the suna~ to~rt,her vnth atl ~g~l " e tenemente. hered~ta?meata und appur-
tenanc+es ~hereunto ~Jonging or in anyw~se g~ d ersion und reveeaiona, remainde~ or re-
maindera. and ~Iso all the est~ta. right, tatld~u~~omest.ea ~ ower ~nd right oi dowe~, aepur,?te cat,ata,
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aad every p~rt thrreof~ with t~he appurlenunces ot Uu s~id Mort~g~g~or ia and b the e~me~ and overy pu~ ~n~ ;
p~rcel theerof unto the said Mortgagce in (ee simple. '
The Mortgagon c~teby oovenants vrith tho Mort{tsgre~ I,hst he ia indefeasibl~r aeised of said l~nd in fee
simpk or auch other estate~ ~t any. as is atated herein; t~hat he hua fuU power and t~wlut righ~ to convoy ~W?e same
as ~foressid; tha~ the land is free trom ~11 eacumbnnocs except as hereia othecwiae recited; tbat said Mortg~gor
will m,ake such turther aseurancea to prove the doe+asaid tide to said land in aaid Mort~~goe as msy be reason-
abl nq uired~ aad that said Mort~gagor does hereby fuUy ~varrsat the title to said lund, and every p~ thereoi~
an~wiU defend the a~me againat the lawtul claims oi all persons whomsoever.
PROYIDSD ALw,?YS t,h~t it tde Mortg~gor ehsll p~?y unto the Mortgagee that certain promissory note~ d
which ihe foUow;ng is . subacancial oopy, co wic:
=11, 700. 00 Fort Pierce~ Florida .
April 29 ~ 19 69
FOR VAI.UE RECEIVED, the nadersi~ned promise~s) to pay to the order of the Admimstrator of
Veterans' Affaics, an Officer of the Uaited States of America, and 6is snccessors in sach of~ce, as
snch, and !us a tb~ir assigps, the pciacipal sum of Eleven Tho~utsand Seven Hundred
andno/100------------------Dollars(~~1,~00.00
wich in~eresi from dace st the r,?te oi8even & one-half per cencum ( 7 0) per annum on che
un aid balance until pud. The said principsl and intercaG ahwil be paysb e at the office of the Loan (3uaranty
O~cer, vetecans Adminiacration Regional O~~e. in St . Peters urg, Florida . or sc such
otber pLce as t~he lwlder ma d_e~~ste in writing delivered or msiled to the de6tor in moathly insta?llmcnts of
Eighty-si~c and ~?7LLQD_ _ _ ~ _ _ _ ~ - ~ ~ _ ~ _ ~ollars (i 86.47
OOalirieAGA OA WB Z 9tt1 d~y of M8p~ , i9 ~69, and oontinuing on the
2~th day oi each month theresiter until ~6is note ia fully psid; exce t thst, if not sooner
~s
paid, tLe 6nal p~ymwt oi princi and interest a6a11 be due ~ad p~yabk ~ tbe 29 h day of
L
April , 19 .
Priv1e~e is reeerved to prep~y :t any time, without premium or fee, the eatire indebtedneas or any part
tbereof not lees than the unount oi one installment, or one hundc~ed dollszs (i100.00). whichever is less. Any
prepayment made on other thsn an installment due date will not be credited until the next following installment
dua date.
If any de$ciency in the psym ent of any inatallment under t~ia note is not made ~oocl prior to the due date
of the nert such inatallment, t,he entire pru?capal aum and ac~;rued interest ahall st once beoome due and ~ay-
able ~vithout notioe at the opt,ion ot the holder of this note. Fsilure to esercias this option shall not const~tute
a waiver oi the right to elcerciae the eame in the event of any subeec~uent default. In t6e event of default in t~e
payment of t,Lis nofs, aad if the same is oollected by an atLorney at law, tha undeiaigaed hereby sgree(s) to
pay all oosta of oollection, including a reaeow?ble attorney's fee.
T'bis note ia given for purchase money of re~l estste and is eecured by mortgsge to secure debt of even
date herewitL, ~ven aad delivered by the unde~ed to p~yee on certain real properLy described therein.
Pe~eeentment, protest~~ und not.ice are hereby waived.
~8~ CHARLES W. BOWEN~_ [ge~L]
--Cliarles ~~FT: '~Boweri;-- J=.
--~s/ -JOYCE BOWEN [BE,+,~
Joyce Bawen
IBEAL~
~BSALJ
And ehall duly~ promptly, and tuAy per[orm, diacharge, execute, eRect, complete, and comply with and
sbide by each and every ~the at~pulations~ agreements, conditions, and covenants of sud pmmieeory note and
~ of this mortgsge, t6en this mortgage and the estate hereby created ahall ceaee and be null and void.
~ The Mortgag~or further oovenaats as follows:
l. ~'6at he will psy the indebtedness, sa hereinbefore provided. Privilege ia r~eerved to prepay st any time,
~ ~vithout premium or fee, the entire indebtednese or any put thereof not lees t~haa tLe amount of one installment,
or one hundred dollara (t100.00), whichevea~ is le~. Any p~repayment made on otLer than aa inatallment
~ due d~ta will not be credited until the nert folbwing inat~llmen! due dste.
2. In order more fully to pmtect the security of this mortgsge fhe Mortgagor,.together with, and in addi-
tion to, the monthly psyments under the terms of t6e note secure~ hereby, on the inatallment due dete dey of
each month until the said note is fully psid, will psp to the Mortgagee aa truatee (under the terms of this
trust as hereinafter stated) the follo~?irig aums: -
A sum equal to the ground rents, ii snp, next~ due~ plus the premiuena thet will next beoome due snd
payable on policiea ot fu~e and ~ther hssard inaurance coveru~g the mor pr~operty, plus taaes
and aseeesmente next due on t6e mortgaged pmp~erty (all as estimsted~ythe Mortgsgee and oi
~?hich t~e Mortgagor is notifie~i) leas all sums already paid therefor divided b~r the numbgr of months
b el~pee before one raontb prior to the d~te w~hen euchgro
und rents~ premiums, tsaes, and assess-
ments wiU beoome delinquent, auch sums to be held by Mortgsgee in truat to ~y said ground rents,
preaniutns, t~res, aati epecial weeesunenta.
(b) Thea~ega te of tLe amounta p~yable purauant to subparagrsp6 (a) and t6oee psyable on the note
secured hereby, ahall be paid in • eingle p~yment each moAth, to be applied to the foUowing items
~ in t~e ordet st~ted:
(n &'ound rents, taxes, asseeemente, Sre, and other has~t+d insurance premiums;
(II) interest on tLe note secured here6y; and
QII) amortisatioa of the principal oi ssid note.
Aay deficienc~ in thetinwunt o[ duch aggn~at~ monthl~ payment e~ sll unless made good by the Mortgagor
prior to t6e due data of the ne~t suc6 pa~ment oonatitute sn eveat o~ detault under t6ia mortgage. At ~
M 's optiai~ M ~rilt pay •'4te c~arg~e" not ezoeeding four per centum (4%) of any instsU- ~
rtgagee r
ment~ when pud mors Lhaa tLeen (15) days after tba due date thereo[ to oover t6e ex~n e~cpense mvolved
, in bandli~ del~nquentpa
rnents, but such "latec~rge " s6a11 not bep~
y~ble out of the proceeds of any asle
made t,o eatiafy the indebt~edness secwed beceby~ unlees sueL praeeeds are su~cient to duchuge the enLire
indebtedne~s and s11 proper uosts and e~cpentes secured heteby.
3. IE the total of the pt~ymenta made bp t~he Mortgagor under (s) ot pars~raph 2 preceding shall eaceed the
~unount ot paymenta actually made by the Mortgsgee~ aa truatee [or ground renta~ t~es snd aeeeeernenta, i?nd
insunnce pretniuma, ae the caee msy be, auch euceas ahall be credited on aubsequent paymente to be made
by the Mort~a~or for such items or, et I1lortg~gee's option~ se trustee ahall be re~uud~d +t~Mort~agor. I[,
~ horvever, snch monthl, paymenta ahall not be sufficient to pay such items when Ehe same ~ehdl beoome due
~ snd pay~?ble. then the ~iort~a~or shall pay W the~?~pr~ aa trus any smount n~y to make up
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