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HomeMy WebLinkAbout2256 To ~Ii?r~ i?~p ~'o Not,s L~e me~ to~the~ N•ith all and sin~ulR~ the tcnements, hareciitaments and appur- te~ancra there6dt~ t~clong~ng fi~ anyw•~se eNpertninin~, and the r~•~•ersion and rev~rsiong, r~mainder or rc- ~naindera, and also all the estxt~, right, title, ~nte~esl, l~omt~st~~ad, do~~•ec xnd ri ~?,ht uC dow~•r, ~rt~arNte ~~state, posscs4ion, cleim and demand whatsoever, as well in law a4 in equit.y, of the sxid `lortgxgor ia an~l t,o the same, at?d every pa~4 thcrcof, with the appurtenxnces ot the said \to~tgwgor in and to thc s,?me, and every pert end purel U~ernoi unto the said Mortgagc~e in feo aimplc~. The Mortgagon c~reby covenents w ith thc :Nort~wKee, thHt he is indefeasibh• srized of said land in fee simple or such o1Lcr estate, ~t an~ , as is staled hcmin; tl~ut hc hn.s full power and InK•~ul riKht to conve~ thc ssme as eforeseid; Lhat the land is free irom all encumbrances ex~ept Hs hPrni~ olherwise recited; t,hst snid \1ort~a~;or will meke such turther assurances to pm~•r. the afomsaid title to seid lend in sai~l Mort~;al;cc es may be mason- ably reg uired~ and that seid htortgagor dors he~rby tuilv wsrrant t,he title to seid lnnd, nnd evc~y pxrt thercof~ and will detend the same t?~;ainst the lawf ul claims ot all persona whomsoev~r. PROV~nEn ALw~YS that if the ~tortgagor shwll pay unto the Mort~w~e ti~at certein promissorr note, of which the following ia a substantisl copy, to wit: t 8, 200.00 Fort Pierce , F•lorida. January 6 , is 70 FOR VAI.UE RECEIVED, the undersigned promise(s) to pay to the order of the Administrator of Veteraas' Affairs, an Officer of the United States of America, and his successors in such office, as such, and his or their assigns, the principal sum of EIGHT THOUSAND 1W0 HiJNDRED and no/100- - - - - - - - - - - - - - - - - Dollars 200. 00 with interest from date at the rate of seven & one-half per centum ( ~ °Jo) per annum on tl?e ~~n~paid bslance until paid. The said principal and int~rc~t sl~all be p y able at offise ot the Loan Gusran~v Officer, Veterans Administration Regional Office, in St, Peters~urg, ~or~d8 , or at suc6 other plsce a4 the hold r may designate in writing delivered or mailed to the debtor in monthlyansl,~lm~nts of SIXTY, and 60 f 100- - - - - - - - - - - - - - - - - ~ollers (s o • b commencing on the 6th day of February , 197 , and continuing on t.he 6th dsy of each month thereaiter untit this note is fully paid, except that, if nat sooner paid, the final payment ot principal and interest shall be due and payable on the 6th day of January ~ 95. Privilege ~s reserved to prepay at any time, without premium or fee, the entire indebtedne~c or any part thereoi not less than the amount of one installment, or one hundred dullars (t100.00), whichevcr is less. Any prepayment made on other thi?n an instaliment due date vvill not be credited until the next• fo11oWinh installment due dete. If any deficiency in the payment. of any instaUment under this note is not made good prior to the due date of the neat such installment, the entire principal sum and accrued interest shsll et once become due and pay- able without notice at the option of the holder of this note. Failure to exercise this o tion shall not constitute e s wsiver of the right to exerc~se the same in the event of any subsequent default. In t e event of de[ault in the psyment of this note, end if the same is collected by an attorncy at_ lew~ the undersigne~ hereby agree(s) to pay all costs of collection, including a reasonable attorney's fee. This note is given for purchase money ot real estate and is secured by mortgage to secure debt of even date herewith, given and delivered by the undecsigned to payee on certain real property described therein. Presentment, protest, and notice are hernby wai~ed. ; State Documentary stamps in the -~5~--~'-~- [aF~L) ` amount of $12.30 attached to Julian Curl f original and canceled. -/~~--S~~X._X_V_O~I~1~ _~URI,__________ (se+Lj Shirley Yvonne Curl ~ I8EALJ ! ~ (BEALJ ~ And shall duly, promptlv, and fully perform, discharge, execute, effect, complete, and comply Kith and ~ abide by each and every the stipulatibns, agreements, conditions, and covenants ot said promissory note end ~ of this mortgage, then this mortgage and the estetE hereby created shall cease and be null and void. 1`he Mortgagor further covenants as follows: ~ 1. Tha~ he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to prepay at any time, ~ ~vithout premium or fee, the entire indebtedness or anv part th~reof not less than the amount of one instaliment, ~ or one hundred dollars (E100.00), whichever is less. Any prepayment msde on other than an installment ~ due date will not be credit~?d until the next following installment due date. ~ 2. In order more fully to ptotect the security of this mortgage, the'.1~ortga€;or, tagether with, and in sddi- ~ tion to, the monthiy payments under the terms of the note secured hereby, on the ~nstaliment due date day of ~ each inonth until the said note is fully paid, will pay to the tiortgagee as trustee (under the terms of this ~ trust as hereinafter stated} tLe foUoR-ing sums: ~ (e) A sum equal to the ground rents, if any, neat due, plus the premiums that will next become due and ~ payable on policies of fire and other hazerd insurance cover~ng the mortgaged property, phis taxes ~ and assessments next due on the mortgagecl property (all as estimated by the :ltortgegee and of which the :1lortgagor is notified) less all sums already peid therefor divided bY the numbcr of months ~ to elapse before one month prior to the date ~hen suchground rents, prcmiums, taxes, and assess- ments will become delinquent, such sums to be held bp Mortgagee in trust to pay ssid groun~i rents, ~ premiuma, t~axes, and speciel assessments. " (b) The aggregate of the amounts peyable pursuant to subparagreph (e) and those pay able on t.he note = secured hereby, shall be paid in a single payment each month, to be applied to the follo~~ng items = in the order stated: (I) ground rents, taxes, as,gessments, fire, and other hszerd insurance premiums; .V (II) interest on the note aecured hereby; and ~ (III) amortization of the principal of said note. ~ Any deficiency in the emovnt of such ag~regate monthly payment ahall, unless made good by the 1~lortgagor • ~ prior to thc due date of the ne~L such payment, constitute an event of default under this mortgnge. At ~ Mortgagee's o~tion, Mortgagor w~il) pay a"late charge" not e~ceeding four per centum (4°Jo) o[ any install- '3 ment when pa~d more thsn fiftc~n (15) days after the due dgte thereof to cover the exLra expense iavolved ~ in handling delinquent payments, but such "late chsrge" ahall not be payable out of the proceeds of any sale made to satiafy the indebtedness secured hereby, unless such proeeeds are su8'icient to discharge the entire indebtedneas and all proper costs and eapenses secured hereby. `=:3 3. If the total of the pay ments made bv the ~tortgagor under (a) of para~raph 2 preceding shall etceed the - amount of payments actualty made by the ~1ortKz~ee, as trust~e for ~round rents, taaes and as.gessments, and - insurance premiums, as the case may be, such excess shall be credited on subsequent payments to be made by the MQrt,~agor for auch items or, ai ~fort~a~ee's option, as trustee st~all be refunded to ~iort~,a~or. If, ~ however, such monthly paf inents shall not be sufficient. to pay suc6 items when the sam;+ shall become due and payable, then the ~lortgagor shall pay to the ~fort~a~ce us trustee an amount necesgary to make up ~ ~ 800K ~~7~ PAAliEE ~~.r J B C~( ~~(I. Plif t J~~ ~