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Home My WebLink About2412 ~ To H~vc ~xn ro Ho~.a the asme. t.ogrther with all und singuler the tcneme~t~.'l~~ntc!nt~f~i~'~ppur- tenances thereunt~? Mlonging o~ in.anywise aPpertaining, i?nd the reversion and revi~raib s, remunder oc re- mainders~ and Rlso all the estate, nght, title~ intereat~ homeslead~ dower snd ri ?hl, ot clowec~ separ~te estete, poeacssion. clsim und demsnd whstaoever~ as weU in law as in equity~ of tho anid ~ortgugor in snd to the same and every psrt thereol~ wit.h the appurtpnxncas of the ssid Mortgag~or in and to the same, and overy part snd pucel tl~ereof unto the said biortgagee in Iee simplo. The Mortgagon c~reby oovenents vrith tho Mortgagee. ~h~t he ia indeteasiblv sciaed ot said lend in fee simple or such other esta?te, if anv, sa is atated herein; ll~at he hxs tull power and lawrul right to ~nvoy ~the sune as uforesaid; ths~ the lsnd is tree trom all encumbrances excep~ sa herein othervrise recit,~d; thst said Mortgagor ~vill make such iurther assuri?ncea to prove the aforesaid title to said land in s~?id Mortgagce aa msy be rcason- sblyreq uired, and lhat said Mortgagor does henby fully wuran~ the title to si?id land, and eve~y psrt thereot~ and wil! detend the aame againat the lswtul clsims oi atl persons whomaoever. PROYIDSD AL~I/AYB ~1a~ if the Mortgagor shull pay unto the Mortg~gee that certain promissory note, of ; wrhich the loAowing is a eubetan~ial copy~ to wit: =11, 500 .00 Fort Pierce , Florid•. June 6 •19 69 FOR VAI.UE RECEIVED, the undersigped promise~s) to pay to the order of the Administrator of " Veterans' Affairs, aa Officer of the Ucuted States of America, aad his successors in such office, as such, aad 6is or t6eir assigas, the priacipal sum of FI,EVEN THOUSAND FIVE HUNDRED AND 00/100- - - - - - - - - - - - - - - - - - - Dollars 11, 500 .00 with interest fmm date at the rate oi $~Ven & pne~?ma1f per centum ( per aaaum on the u~np ud bal~nce until psid. The said pru~cipal end ~nterrat_ s6wll be paysble ~?t the o~cc of the Losn (3uaranty Ofl'icer, Veterana Administration Regional Office, in St . Pete~ sburg , Fl Or;ida ~ or at such other plsce as the holder may designste in writing delivet~ed or mailed to t6e debtor in monthly insta~llm~nts oi Ninety Two and 65/100- - - - - - - - - - - - - - - ~ll~ 92 .65 oommeacang on the 6th dsy of July ~ 19 69 , and continuing on the 6 d~y oi each month thereatter until tfiia note is fully psid~ eacept thst~ ii not sooner p~id, Lhe ~aI payment of principal snd intereat ehall be due and payable on the 6~ day of Privileg~ isJrese ved to prepsy at any time~ without premium or fee, the entire indebtedness or any part thereof not less than the smount of one installment~ or one hundred dollais (a100.00), whichever is less. Any prepayment made on other thsn an installment due date will not be credited until the neat following inatallment due date. If any deficiency in the psym ent ot any instailment under this note is not made good prior to the due d4te ot the neat sueh instaUment, the entire principal sum and accrued 'u?terest ahsll at once become due snd psy- able ~vithout notice at the option of t6e holder of this note. Failwe to exerciae this option shall not conatituts ~ s waiver of the right to exemise the ssme in the eveni of any sut~eequent default. In t,ue event ot default in the payment of thia note, and ii the same is oollected bp an attorncy at law, the undersigaed Lereby agree(s) to ~ pay sll coeta of collection, including a reaeonable attorney's fee. ~ This note is given for purchase money of real estate wd is secured by mortgage to secure debt of even ; d~te herewith, given and delivered by the unde:signed to psyee on certain real property de~cribed therein. ; Preeentment, pmtest, snd notice ate herr.by waived. ( $17 . 25 Documentary Stamps affixed Qrj~y ~6EAL~ to original note and canceied) William J. M~a oney ~S~__AilAs~__W.__liqd~i0?~eX--------------------- (se~t] Anna W. Mahoney (BEAL~ ~ IBEAL~ ' And shall duly~ promPtly~ and fully periorm, discherg~e~ execule, efiect, oomplete~ aitd comply with and ~ ~ abide by each and every ~the atipulationa, agreements, conditiona~ and covenmts of sud~ promissory note snd f ot ttia mortgage, then thia mortgage and the eatate her~by created shall ceaee and be null and void. ~ The Mortgagor further covenanta_as follows: . 1. 7`hst he will pay the indebtedness, ae hereinbefore provided. Privilege ie reserved to pnpay ~t any tame~ ; ~ ~vithout premiwn or fee, the ~tire indebte~n~ or any part thzreof not leea thaa the amount of one instaliment, ~ or one hundred dollara (i100.00), whichever ia leas. My ~ repaywent made on othe~ than an inatallment due date will not be credited until the next following ina~ent due d~te. 2. In order more fuUy to pmtect the security of thie inortgage. the 4lortgagor, together with, and in addi- ~ tion to, the monthly paymenta under the term~ oi the note secured hereby, dn the installment due date dsy of ~ each month until the said note is fully paid ~viU pay to the ~iort.gagee as truetee (under the tetma of this ~ trust aa hereinsfter atated) the following su~.a: ~ (s) A sum equal to the ground reata. if any, i~ext due~ plus the premiuma that will nezt become due aad ~ pay sble on policiea oi fire an~: other hasard inaurance covermg the mor~ag~ed property, plua taxea 5 and aseeeamenta next due c?a the mortg+~g~ed property (sll sa estimated y the :~iort{zagee and of ~ w?hich t6e Mortgsgor is noti6ed) less all sums ~iready paid therefor divided bY the number of montha ~ ~ to elapse before one n~ont~ prioc to the date wrhen such~ground rente, premiums. taxes, and seseae- ; ~ mente will beoome dehnqueat, such sums to be held by Mortgag~ee in trust to pay sRid grou~ul renta~ - ~ ~ preaniums, taaes, aad apecial aeseeamente. , _ (h) The sggregate ot the amounts payable pursuant to aubparagraph and t6oee payable on t-ha note secured hereby, shall be paid in ~ single payment each month, to be applied to the follow~ing itema in tl?e order st~ted: ~ (I) 6round rents, taxes, aseeeementa, fire, and oth~ h~s~rd insurance premiums; ~ ~ (II) inteteet on tbe note ~ecured hereby; ~ad ~ ~ (III) amo~rtis~t,ion ot tLe principd of aaid note. seven one-hal f ( 7~ 9G) s My deficiency in the Rmount of euch aggreg~te monthly p~yzneny~ nless made good by the Mortgago ~ ~ pr~i~?r to tbe due date ot tbe ne~l, auch paymenL, conatitute adf~veot default under this mortgage. At ' ~ m nt w6ens ~pd moro t6an &ftcen" 5j ds,~ atter~tahe due~da t6e~reot W oover the extr~ eac nse~n~~l• ; h ~ in h~adling del"~ uent yments, but auch~late "~hall not bep~ yable out o[ the proce ds ot an~ eal~ h nq pa ct~r~e made to aatiaty tbe w~kbtedness secured heteby, unles sucb prooeeds ~re sufficient to di~cturge the entire indebtednee~ and all proper ooste wd expeme~ ~ecuted hereb~. ~ 3. It the total of t6e pa~ ymenta rnade by the,lort~agor under (a) o~ pu~graph 2 precedinR ahall eaceed the ~ unount ot p~pmenta actually made by the `1ortRa~ee, as trustee tor ground rentie and aseeasments, uzd ~ insunnce premiums, as the caee mRy be, such excess shsU be cre~clited on ~+ul~~~syments to be msd~ ~ by the ~tot r for such iteme or, •t ~~ort~agee's option, ss truslce shall be refunded to ~iortsta~or. It, however, suc monthiy psymer?ta ahall not be suf~'icient ~o pn~ auch itema vrhen the sarne shall become due ~ and pny~ble, then the ~lort~or ahall ps~ to the ~tort~uKee as trust~e n nounl nece~eary to rnake up ~ ~ ~ V ~~r~o ~ _ ~ w . - - .~r