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HomeMy WebLinkAbout0355 . f ' i To Ha~s erro ro Aoto the s~me. to~~he~ with all ~nd eingul~r the e ents,,heg~ t enta and ~ppurt tenancrs thereunto ~+longing o~ in onywise appe~t~ining~ und the ~ve~l~~`~~ reven~i~i~j~mainder or re- na~iaders, ~nd ~lsO s[1 t~ho eawt~~ right, t~tle, ~nterest, homestoad~ cioa~ei ~6?h_t, ot d dwe , se~arat,e esta?te. po~sossion. claim nnd dem~nd whateoeve~~ as well in laa ~s in equity~ oi tho suid Mo~tg»gor in sn tfl the suae and every purt W~~reot, with W?e appu~tpnunces ot Lhe s~id Mortgagur in and to U?e s~?me. oad overy put ~ad ; ~at~oel then~o[ uato the s~id Mortgagae in tee simplo. ' The Mortgagor bereby oovenants wil,h Lhe Mort~ag~e, ths~ he is indete~sibly sei~d of ssid lsnd in fee simple or such olher ~t~te. i[ any as is stated hetoin; that he hsa full power u?d l~wi~il right t~o convoy ~the same as afonaaid; th~t tl~e Lnd is free ~wm ~?11 encumbraaoc~ except ss herein otherwiae recit,ed, tbat ssid Mor will make suc6 turther assur~nces to prove the dorosaid tide to said laad in ssid Mort~egoe as msy be re~aso~-n ab nq uired, utd that said Mo~~gagor does hereby iull veuran~ !he tiWe to snid lsnd, and every parf~ W?e~eoi, an~~rill defend Lbe same ag~unst i,he l~rviul cl~?iane oi ~ persons Mhomeoever. P~eooinsn ALw~YS th~ti it tbe Mortg~gor shdl psy unto the Mortga~se th~?t oectain pmmiasory note, ot rrhich the iollo~ring is ~ subet~aaWal copy~ to wit: _ Fort Pierce ~ g~o~~, =18,700.00 September.24 ,19 69 FOR VALUE RECEIVED~ the w?dersi~ed pcomise~s} to pay to the ader of the Admioistrator of Veterans' Affsirs, an Officer of the United States of Aaerica, and his snccessors ia sacd office, as such, and his a their assi~s, ffie principal snm ot EI~iT~i ~A~SA~1D ~~DRED andno/100------------------Dollars(~18,_700.00 with intens~ from d~te at the r.te oi $even & one-half pei ~ti„In g6) per aunum oa the un aid balsace uat51 paid. The said princi al ~nd intemst shi?Il be ayable at e o of the Losn (~uarsn6y p n c~ O~c.~r, Vet~raAa Adminietr.tion ItegiQn~l Ot~oe. in St. Peterspburg, F~or cia , or st such otber aoe as the Lolder m~ d, te ui wnun~ d~v~d er mi?iled to tFe debtor in mont~hl ~,ents ci ~g~~ RED THRI -~$GAT and ZO/1~~- - - - - ~ollars ~3~ . ZU coaunenca-'n g~~n tl?e ~fih ~ day of tober 19 6, snd oont~nuiag oin the 2~+th da~ o! eacL month tl~enatt$r~ unW tLis note is in117 P~, es~oept tha~, if not sooner paid, tLa final paymea~ ot priacipal and interes6 sh~ll~be dae ~nd ~?syabk an tlre 24th d~y ot Septea~ber , ].99~~. ~ : . . . : . : . . . privile~e is reserved to prepsy at ~uuy time, without premium or fee, t6e entire indebtedness or anp part thereoi not lees than tbe amount of one inatallment~ or one hundred doUara (i100.0U), whichever is leas. Any prepayment~ made oa other thsn an inst,allraent due dste aill not be credit~ed unt.ii the next lollovring instmllment ~ dae date. ~ Ii any defieiency in the paym ent of any instaliment under t,his note is not made g~ood prior to the due dste i of the nezt such inataUment~ We Entirs pruic?psl sum and aa;rued interest shsll at once beoome dus and Fay- abk ~vithout notice ~t ihe option of tLe holder of thia note. Failura to exercise this optaon shsll not oonsutute a w~aiver of fd?e right to euercise the asme in the event of uny subeequent default. In t6e event of def~ult in the paymeat of tl?ia note, and if the asme is oolleated by aa sttorney at 1~~r~ the undersigaed fieri.+by agree(a) w pay all coets of collection, including a reasonable sttorney's fee. Thie note is given for purchaee money ot real estste and is secured by mortgag~e to eecure debt oi even ds~e herewith, giv~ and delivered by the unde~reigned to payee oa certain real property deecaribed therein. Preae~~*_nent, protea~~ and no~ica are hereby waived. - s _ JA1~Il~S R. DeWI1T State DocumEntary Stamps in the I----------------------------------»-.----------•--- IBEALJ ~ James R. DeWitt ~ amount of $28.05 aCtached to __~&/___~A~~_Y_. ~~_De~jITT-------------- tBE,,r~ original and canceled. Patsy Jean Dewitt _ ~86AL~ ` - ~ ~ - ~BTAI.~ ! ~ And ahall duly~ Promptly~ and fully perform, discherge, eaecute~ ef~ect, complete,, and oomply with and ' abide by each and every t~he stapulationa, agreementa~ condit~ions, and covenants oi aeud~ promieeory note aad of this mortgage, then thia mortgage and the es~ate hereby created shell ceaBe and be null and void. T6e Mortgagor furt~er oovenante as follows: . 1. That he will psy ths indebtedness, as herei~before provided. Privilege is reeerved to prepsy ~t an time~ withont premiwn or fee, the entire indebtsdneea or u?y put thereof not less than the amount of ona ma~ment~ or one huadred dollars-_(=100.00), ~fiichever is lees. My prepayment made oa other than an inatallment due dste ~vill not be creditesi until the nert following installment due dste. Z. In order more fnlly to protect the secwity of this mort~e~e the Mortgagor,, together with, and in addi- tion to, the monthly paymeats tmder the tenns of the nots secure~ hereby, on t-he iastalimeat dae dste day of each month until the said note is full.y .psid, .vq~l pay to- the l4l,ortgagee as tn~atee (under. the t~etms of thia trust sa hereinaft~r etstedy t~e followmg siims: . ' A sum equal to t~,e gruund nats~ if anp, next- due, ploa the promiwna thst will nezt beoome due wd pay~ble on policies of fire and other ha~rd insurauce oovering the mor pr~operty, plus taxes and asee~sments next due on~ the mortga,ged prop~erty (sU ~a estimated~the Mortgagee and of arhich the Mortgagor ii notified) less all aums already paid there~or divided the number of montha to elapee beiore one mon~h griot to tbe dste when such~gmund renta, pr~nniwnts, taxes, and a~s- ~ mmb will beoome delinqueut, euch sums to be breld by Mortg~gee in trust to pay-said grounc~ r~nts, premiums~ tazes, ~d special aseeesmentat (b) 1'6es~ega te of the amounta psyable purauant to subparagrsph (a) and tLose payable on tLe note eecured Lereby, aLall be pud in a single payment each month, to be spplied to the following itecna m the orde~ ststed: ' (I) gronnd renta, t~ea, aseeesments, Sn, and other hasud insuraace premiams; (II) interest on tLe aote secured henby; and . ` (III) amortisition of tLe princip~l ot said note. ~ Any de6cienc~ in tbe amoua~ ot such ~te moathl~r puymeat shaU unlees made good by the Mortgsgor prior to the due datb of the neat such ps~?ment constitute sn event o~ d~,fault under t6is mortg~ge. At M s option~ Mortgago wiU psy s'Iste c~arge" ndt exaeeding four per centum- (4O1o) of sny install- ment~~ ivben pud more thaa $ rteen (15) dsye atter the due date thereof to cover the erin expense involved ia hs~lin~g de quentps yments, but auch "late charge" shall not bepsysble out of the proceeda of any sate made to adisfy t5e indebtedness secured Lereby, unkss sueL ,prooeeds are su~ccient to diachsrge the entire indebt~dae~s and all pmper costs aad expenees aecured hereby. 3. If tLe total of the pa~ymente msde bp t~he Mortgegor under (a) of paragraph 2 preceding shall exceed the ~ sanount of p~ymente actuslly made by the Mortgsgee, aa trnsf,ee for gMUn~ t~,: ta~tes hnd aasesements, snd 't insuranoe pnmiums, aa the caee may be, auc6 excees shall be credited on ~uerit psymenta to be made i by the Mort~s~or for auch items or at Mortgagee's option~ es .trustee ahall be refunded to Mort~agor. If, however, aucL monthly psymente a~all not be suf6cient :a psy such itams when the same eh~ll beoome due and paysble, then the Mortgagor ahall paq to tAe Morlgagee as trustee n smou~t to mske up 800it P~CF ~~i~i ~x ~ ~ ~ ~ Y .-J-~ : _ - - - _ _ - - x . _