HomeMy WebLinkAbout1518 ~
To H~vs ~xn ro Hota the s~nae~ to~e?ther wit.h ~t ~~~t ~ ent,s~ hereditamenta ~nd ~ppur-
~ si
ten~noes thenun~o !~longing or in.anywese apperty~ g, ~h~ ce~ d reversions, remainaer or re-
aaainders~ and ~lao aU the est~te~ nght~ tiUe. iaterest~ llomestssd, dowe~ an right ot dower, sep~r~t.e eatate, ~
poaeeesion. cisim and demaAd wh~tsoever. as weU in l~w as in eq~il.y, oi tho a~id MoM,gogor ia ~nd to the same ~
and every pnrt thereot~ nith t~e sppurlen~ncos ot fhe ssid Mortg~?g~or in aad to the s~me~ ~?d every p~rt u?d ,
pe~ therr~oi unto ~he said Mort{~ysee tn tee simple.
The Mortgagor hereby coven~nts vrith the Mort{~sgee, thse he is inde[easibl seisal oi e+?id lsnd in fee
n y
aimple oc such othe~ estates iI any as is stated herein; ths~, he hus fuU power ru~~ 1~?wt~d righ~ ~o convoy ~the aame '
as ~foresaid; thet tha laad is freo trom ~il eucumbr~wcos except ~s hereia otherwise recited. th~~ s~id Mort{~agor ~
will make auch fur~her assurances to pmve t,he dor~said title to said laad ia sned Mort{~~gCe as m~y be reason- ~
•y~req uirad~ sad ihat euid Mortgagor does hereby fuAy ~rarraat Lhe tide to si?id l~nd~ and eveey part thereoi,
aad will defend tbe same ag~inst t~e Iawiul cl~inu oi ~Il persons wlwmsoever. -
PROYIDED ALwAYS t6at it the Mortgagor shall pay unto the Mortg~gee that osct~in promiaeo~y not.e~ ot ~
~rhich tLs folbwing is a substentid ooPY. to wit: ;
= 5,500.00 Fort Pierce , Florida. ;
March 13 .19 70 ~
FOR VAt.U~ RECEIVED, the nadersi~ed promise~s~ to pay to the order of the Admiaistrator of i
Veterana' Affairs, em Officer of the United States of Aserica and 4is successors in snch of~ce~ as
sndi, and bis o~ their _ assi~s, 4he pciacipal sum of EI~HT THOUSAND FIVB HUNDRSD '
andno/100•-----------------Doilars(;~,500.00 ;
with intereat from date at~ the nte of Severi & one-hal f per cen~,ura ( 7 per anuum oA the i
ny
unpa~d balance until paid. 13e said princi
pal snd int~?rnat. shaA be payable at the ott'i~ of the Loar? Gusrsnt
O~ioer, VeLeraas Adminiser~don Reg;onal O~oe~ in St. Petersburg, Florida , or.t such
otLer pl~e as tbe holder ma d te in writing de4verad mailed to t~Le debtor it? month~y ' enta of ;
s~-~wo~as2~~i~B--------------~v.~c: :
cornmencmg on ~ the tli dayi ot Apl'3.1 ~ 19 , aad oontinuing on the `
ds~ oi esch month thersattet unt+l tLis note is tuUy paid, e~cee thst, it not eooner ~
Paid~ tbe final~p~ymeac oi,princi~ utd iaterest ~hsll be due u?d ~able on tbe 13~h day ot
March , 1993.
Ptivilege ie reeetved to pnpay at uny time, ~thout premium or fee, t6e entire indebtedneae or ~ny part
thereoi not lees than the amount ot one inetallment. or one hundred dollara (i100.00), whichever ia less. My ,
prepaya?ent made on other thw an installri?ent due dats will not be credited unti! t~he next, foUowing instaUment
due dste.
~ If any deficiency in the pa~m ent of ~ny inataUment under this note ia not made g~ood prior to the du~ date
oi tbe neat saeh iastallment, the entire princapal aum md uxrued intereat ahall :t oaca be~ome due and Fsy-
able writ}wu~ notice at the option of the holder of t~is note. Failure to euercise this option ahall not const~tute
a w~iver of the right to exerciae the asme in the event of sny subeequen~ default. In the event of det~ult in the
psyment of tLis note, and ii the sama is oollected by an attoraey at 1~?w, tbe underaigned henRby agree(s) to ~
pay all oosts of collection, including a re:sonable attorney'a fee. '
T~is note is given for purch~se money ot real estate and is seeured by mortgsg~e to seeure debt of even ~
date herewith, given ~nd delivered by Lhe undersi~ed tio payee on aert,ain r~l P='oP~Y dsscribed thereia.
_ Presentment~ proteat~~ ~nd not~i~e are l~reby w?aived. ~
Is/ GEORiGB J. ROBERTS
State documentarq stamps in the ~~orge J.~ Roberts ~e~L~
$12.75 attached to original note _~s~__~AITH_ROBERTS ~e~,~ ~
and canceled. ~ Faith R,~~ierts
IBSALJ
~a~'~7
~ • And ahall duly, promptly, and fully perform~ diechwrge, execute, eftect, oomplete, and comply with and
` abide b~ each and everp ~tbe st~pulations, agreeraents, conditaons, wd covenanta of said~ pmmiseory no~e aud ~
i of this mortgage, then tbia mortgsge aad the estate hereby created ahall ceaee and be null and void.
~ The Mortgag~or furiher oovenanta as follows:
~ 1. Thst he will pay the indebte~neas, as hereinbefore provided. Privil ia reserved to prepay at aa time,
n y
~ without premium or fee, the entare indebtedneae or any part thzreof not leas an tbe an~ount of one matal?ment,
~ ee one hundred dollars (i100.00), whichever m lees. Any prepaymeat made on other than an inst~aUmeati
i due date ~vill not be creditec~ unti! tLe ne~t fdbwing installarent d~•date.
~ 2. .In order more tully to pmLect the eecurity of this mortgsge the Mortgsgbr, togethar wit~h, and in addi-
~ tion to, the monthlp psymenta under the terms of the note ~ecure~ herehy~ on t~e installmenti due date dsy of
~ eeeh-~nc~nt~-ua~il-the-ssic~~ete ~s-~~-~~eid: ~-ps~-ts ~e-~io~tgage~as-truatee-(undeFt.he-t~erms of t~iis- _ _ _
~ truat aa hereinaft~er atated) the follo~viag sums: - ' - ~
~ (a) A sum equal to Lhe ground rente, if sap, next~ due, plus the pnmi~s tbst wiII nezt beoome due and
~ psyable on palicies o# fire aad other hasard insuraace oovering the raortgsged pmperty~ plus taxes
~ and a~sements next due on the mortgaged pmp~erty (aU aa ~stamated- b the M ortgagee and of
~ wrhicd tLe Mortgagor is notified) leas all sums already paid therefor divided ~~r tha number of months
~ to ela befare one month ~
P~ P*~ to tbe d~te when such~ground rents, preaunms, ta~ce's, and aeseas-
~ ments will beoome deliuqu~at, Such sua~s to be 4eld by Mortgagee in trnst to psy said growKi nnts,
; premiums, tsxea, aad special aeeee~nenta.
~ (b) 1'heag~eg
ate of the amounta psysble. pursuant to subparagrsph (a) and thoee payable on the note
- eecured hereby, ahall be paid in a eingle psyment each month, to be applied to the follovring itema
in tbe order atsted:
- (n ground rents, tuces, aeseesments, Sre, snd other has~rd ineuraace preiaiums;
; (II) intetest on t2~e note secured hertb~; and .
~ (III) amort~is~?tion of the principal of said note.
r{ Any~deficiency in the a~R~oturi d wch ag~gregate monthly payatient ahaU unlees made good by tLe Mortgsgc.-
; pr~ior to the due dstb ot the ne:ct such pa~ment~ conatitute aa event o~' default under this mortga~e. At
~ Mortgagee's option, Mortgago~r will gay a'Lte charge" not ezceedi~ tour per centum (4%) of any u~stall-
; ment w?fien paid more tLan fifteen (15) days after t~l?e due dste thereof to oover the ext» expense involved
ia handling del'~nquent paymente, but such "Lte charge" ahall noti~bepa
ysWe out of the proceeda oi any eale
made to satisiy the indebtednesa secured bet~eby, unleas sueh prooeeds aeb au~cieat to d~schnrge the entire
~ indebtedneos and aU pmpet costs sad e~tpenaes secured hereby.
~ 3. If the total of the payments made by the Mortgager under (s) of paragraph 2 preceding shall eacceed the
~ amount of payments ac~ually made by the Mortgegee, a8 trustee tor ground rente, taxes snd aseees~nenta, and
~ insursnoe premiums, as the caee msy be, such ezceee ahall be credited on subsequent payments to be made
~ by the Mortgagor for such itema or, at 14iortgsgee's option, ae tn~atee ahall be refunded to ~iort;agor. It,
~ however, auch monthl~ payments ahall not be sufficient :o psy such items when the same a Q~due
x" e?nd psyable~ then the
Mort{~agor shall psy to~ or agee ae truatee any smount n t~i~s .up
y _
1~
} _ - _
_ _z e. . _ . . ~ _ ~ ~