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Home My WebLink About0413 To H~v~ ~xa ~ro HoLn the a~me~ to~ther with sll i?nd singular the t,~a?ements~ hereditannents ~n pur- tenanoee -Lhereunt~ ~clonging or in snyv?7se sppe~taining, and the revecsion and Keve~ rem~j~ c~or re- tnainders~ and slso all tho esti~tc~ right~ title, ~nlecost, homest.oad, dower ar?d ri ?ht dt d6wer~ sepsil? tslsfs, po~ion. claim and deraand whateoaver~ as well in l~w as in equity, ot tho said ~tortgagor in sn~l to the s~me •nd every piirt thcreof~ with !he sppu~len~nc~ oi the ssid Mortgagor in and to thu asme, und every pert und parcel the~eoi unto the said Mortgsgee ~n tee simple. The Mortg~g~or hereby covenanls vrith tho Morcgsgee, ~l~at he is indetesaibiv seiscd o~ said lsnd in fee simple or such other eatate~ d u?y as is ataled herein; th~t he h~s [ull power snd luwtul right to convey ~the same as uforesaid; thet the land is fcee ~mm ~11 encumbrsn«~s except us herein othervriae recitecl; that seid Mortgagor will mske such further aesursncea to prove the aton~said title to s~id land in suid ~Iort~agee as raay be reason- ablynq uired~ and fhs~ aaid Mortgagor docs hcreby tully warr~nt the WWe to si?id land, ~nd evcry psrt thereoi, aad wilt detend the asme against the lswtul cluima of aU pereons whomsoever. PROYIDgD ALQAYB Ul~t it the Mortgegor sh~?ll p~y unLo the Mortg~gee tha~ oartain promissory note~ oi which the following ia t substanti~l eopy, to wit: =12, 900.00 Fort Pierce ~ Flocid•. May 20 , 19 69. FOR VAi.UE RECEIVE~, the undersig~ned promise~s) to pay to the order of the Administrator of Veterans' Affairs, aa Officer of the Uaited States of America, and his successocs in such office, as such, and his or their assipns, the pcincipal sum of ~LVE THOUSAND NINE HUNDRED AND 00/100- - - - - - - - - - - - - - - - - - - - Dollarsj~12,900.00 with intereat irom d~te at the nte of seven ~ one-half per centum ( 7~ per annum on the ~~mp aid balance until psid. The said principal and intPms4 xhAll be payable st the ofticc of the Loan Gueranty O~eer~ Veterws Adminiatntion Regional 4~'i~e~ in St. Petersburg , Florida , or at such other place as the holder msy d ate in writing delivered or tnailed to tFie debtor in monthl t~?Umcnta oi Ninetx-Five and 33~~ - - - - - - - - - - - - - 19 ~oUara (i9~5.~3 oommencmg on ' the 2 0 t day of June ~ , i?ad oontinuing on the 2pt}~ dsy oi each month thcresfter until this note ia fully pi?id, exoe t thst, if not sooner paid, the Snal_psymea~ of principal and interest s6all be due and payable on the 20t~ dsy oi pMay , 1994. vilege is rseerved to prepsp st any time, without premium or fee, the entire indebtedneas or any p~rt thereof not leea than the amount of one inatallment, or one hundred dollars (s100.Q0) ~ whichever is less. Any prepayment made on other than an installment due dste wiA not be credited until the next following installment due d~?te. If any deficiency in the psym ent of sny installment under this note is not made good prior to the due dste of the next such installment, the entire pnncipal sum and aa:rued interest shall et once become due and psy- ~ble ~vithout notice st the option of the holder of this note. Failure to exercise thia optSon shaU not constitute a waiver of tbe right to exerc~se the same in the event of any subsequent default. In the event of default in the payment of thia note, and if the same is collected by m attomoy at law~ the undereigned hembp agree(s) to p,~y all coets of oollection~ including a reasonable sttorney's fee. Thia note ia given for purchase money of real eatate and is secured by mortgage to secure debt of even date Lerewitb, given and delivered by tbe underaigned to payee on certain real property deecribed therein. Pnaentment, protest~ and notice ue her+sby w?sived. ($19.35 in State of Florida /s/_ James _L. D~kes____.__~______________ ~8E„L] documentary stamps affixed to James L. Dykes oriqinal note and canceled. ) /s/ Karen _ S.__ Dykes_________________ ~sE~,,] Raren S. Dykes ~ ~ i IBEALJ c ! E ~BEALJ E G And shall duly, promptly, and fully perform, discharge, eaceeute, etiect, complete, and comply v~-ith and ~ abide by esch and every tbe stipulationa~ agreements, conditions, and covenants of said_promissory note and ~ of thia mortgage, then ttua mortgsge and the estate hereby created ahall ceaee and be null and void ~ The Mortgagor further covenants as followa: ~ 1. ~?at he vvill pey the indebtedness, as hereinbefore pmvided. ~Privilege ia reserved to prepsy at snp time, withouL premium or fee~ tihe entire indebtednesa or any put thereof not less than the amount of one installment, o~ one hundred dollars (i100.00), whichever is leea. My prepayment made oa otber than an installment due d~te pill not be credited until the next tollowing inatallment due dste. 2. In order more fuUy to protect th~ security of thia mortgage, the Mortgagor, together with, and in addi- tion to~ the monthly psyments under the terms of the note secured hereby, on the inatallment due date day of each month until the said note is fully paid. will pay to the Mortgagee as trustee (under the terma of this , trust as hereinafter atated) t6e following suma: (s) A sum equsl to the ground renta, if any~ nex6 due,:~ls~s,the premiums thst will next become due and . ` psyable on policiea of fire and other hazard insuraace covenng the mortgaged property~ plus tsaes y, ~ and aseessment8 next due on the mortgaged property (all as eatimeted by the Mortgagee snd ot w+hich the Mortgagor ia notified) less aU sums elready paid theretor divided b~ the number of montha ~ ~ to elapee before one month prior to t6e dste when such~ground rente, precruuma, tsxes~ snd ssseas- ments wiU beoome delinquent, such sums to be held by Mortgagee in trus6 to psy said ground renta, ~ pnmiuma, taaes~ aud apecul aeeessraenta. J (b) 'fheaggregate of the amounte psyable purauant to subparagrsph (s) and t,~?ose payable on the note ~ ~ secured hereby~ shall be pud in s single p~yment each month, Lo be applied to the foUovring items ~ in the ordu ststed: s_ ~ (I) gronnd renta~ tues, aseesements, fire, aad other hasard inaursnce premiums; ~ (II) int~erest on tLe note eecured hereby; and ~ (III) amortisation of the principal oi said note. seven an~c~ one-half (7~$) ~ My deficiency in tha amount of auch aggregste montiilv p~yment ahall un~ss made good by the Mortgag ~ pr~ior to the due data oi the ne~ct such payment constitute an event o~' d~isult undrr this mortguge. At ~ Mortgsgee'a option, Mortgagor vrill p~y a"late c~arg~e" not eaceeding ?ocOf per centum of any install- ~ ment ~v~en pa~d more than 8tteen (15) daya dter t6e dus dste thereoE to cooer the ea~~h expease involo ~ in handling deGnquentps yment~s, but such "late chsr~e" shall not bepa yable out of the proceeds ot any aale ~ made to satisfy the indebtedness secured bereby, ude~ sue6 prooeeds ue au~cient to d~schaige the entire ~ indebtedneas and sll pmper coste and expe~es secured heceby. ~ 3. It tbe total of the psymenLs made b~the Mortgagor under (a) ot paragraph 2 precedin~ shall exceed t6e amouat o[ payments actually made by the . iortgagee, as trustee for gwund rents, taaes and s.ssessments, and ~ insunnce pnm~ums, aa the case msy be, such excess ahall be credited on subsequent payments to be made ~ by the Mort{~a~or for such itema or, at ~tort.~n~e~ $'~o t~on, as ~rustee ahsll be retunded to ~iort~ag~or. It, • . howerer such tnonthl pa ment8 shall not be sB~C~t re such items when the asme ahall beoome due snd payable, then the ~1ortRagor ahall psy to the ~iort{caKe~e es trustee aUy~a~ o nt n make up ~ 60hk~ /8 r~AG~l~ ~r _ - . Y_~~