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Home My WebLink About0643 TO HA~t AND TO HOLD L~le d~Rle~ ~?the~ with sU ~nd siu~ul~ ths tenemeats~ hee~editameata ~nd appur- te~a~ces t~hereu~t~o bNongiag or in aaywae appe~l~ining~ ~nd the revenion ~?nd roversions~ rem~inde~ or re- maiAden, and ~o al! the estwto~ c+ght. titte~ mterest~ homeat.ead~ dower ~nd 1~ of dowe~~ sePi?c~te eal,ate~ - po~eesion~ clr?im ~nd demand wh~twsrer. ~ M~ IA ~M t! ie equity. of.tho said~octg~?goc ia aad t~o the same - and eve~y puL thereot~ with 1be appu~teniu?cas ot t~he s~id Mottgs~or iu ,~qd s~q~e~ K and he u ~y p~roel ther~ot unb.tbe said Mortg~ges in tee simple. t:. w Tl~s Mortg~g~oc hcreb~ ooveaaats wit,h the Mort{~~gre, I,h~~ he js indete~sibly aei:ed ot said land in fee simple oi such other eat~te, ~i any as is a~ated herein; th~t he hsa fuU powe~ and lawtul righ~ to oonvop ~the asaae as dons~id; t~h~t~ the lu~ is lree ~rom aU encumbr~nea exoept ~?s berein othecw~ae recited; tba~ said Mortgagor will znake such further a~suraaces to prove the aforoeaid title t~o said laad ia s~?id Mo~tgagoe as m~?y be resaoa- ~bl req uired. aad tba~ asid Moitg~gor does hereby iully wan~n~ tbe 4Ue to s~id lund, snd evory pu6 thereof~ an~will defaad tbe same ag~inat the lav?tul claima o!-all persons vdwmsoever. PAOYIDSD ALw~Ya that it the Mortgsg~or sh~ll p~y unto tbe Mortg~gee that oectain promissory note. ot which the foUowing is ~ subat,autial ooPY, b Mrit: ~ = 14,500.00 Fort Pierce g~o,;d~, June 16 ,18 7d FOR VAI.UB RECEIVED, the nndersi~ed promise~s) to pay to~ ffie order of the Adaaiaistrator of Veterans' Affairs, am Officer of ffie United States of America, aad his successors in snch office, as snch, ~d his a ffieii assigps, the ~iacip~l snm of FO~JJRTEEN THOUSAND FIVE HiJI1DR~ and no/100- - - - - - - - - - - - - - - - - -Dollacs(s 14,500.00 with interest from d~?te a~ the rate of eight & Olle-half per centum ~Jo) per annum on the un d balance untal peid. The ssid principal and internat ahall be pa able at the otflco ot the Losn (~usrnnt O~oer, Veterwe Adminiatntion I~egioaal Ul~ce~ in St . Petersburg , Florida , or sc suc~ o er place tbe ho er may desi~? te ' delivered or rauiled to the clebtor in monthly ' ~ents ot ~e -Hum~~ed S~te~ anc~ 81/~~- - - • - = - - -~ollara (t 1~6.87 oommeucin~ on the 16th ~ dsy oi July . ; 19. 7Q aad oontinuing on the 16th day oi each month thereatter until t~tua note is fully pw~l,e~gp thst, ii not sooner P~, ~Ltlle ~~en~ of p1~95. And int~erest shsll be due and pnpabk on the _ lbt~ day oi Priv~ege ia reserved to prepay st any time, without premium or fee~ t6e entire indebtedness or sny part thereof not lees th~a the smount of one instsllment, or one hundred dollars (i100.00), whichever ia lesa. Any repaymenti made on otLer than am installment due date will not be credited until the next foAowing installment a.~. - Ii any deSeiency in the ps~n ent of a?ny iastaUment under t~his note is no~ made good prior to the due dste of the neri such installmenti~ the entira principal sum i?nd ux:rued intereai ahall st once beoome due and ~sy- able without notice at the option of the Dolder ot this note. Failure to euercase tbis option shsll not conat~tute s rvsiver of the right to exerciae the eanne in the eventi of any aubeeqnent default. In the event of defsult in the p~yment of thia nate, and if the same ia collected by an attorney at lsw, the undersigned hereby agree(s) to pay all costs of coUection, including a reaeonable sttorney's fee. Thia note is giv~ for purchase money oi real estate and is secured by mortgaga to eecure debt of evea date here~vitL, giv~n and delivered by tLe undecsigr?ed to p~yee on certsin real pmperty described therein. Pre~unea~, protes~, snd not~i~ ue hereby waived. - State Documentary Stamps in the /s/ g~gi, L. LINDSEY amount of $21.75 attacl~ed tO ISEAL~ Earl L._Lindsey origina~ no~e and canceled. ~s[_ LINDA _DALORES_ LINDSEY_______ ~BE,,L~ L~ric~a Da~ores L~ndsey _ ~ _ IB~ALJ ~ [e~?~~ , i And shall duly, pmmptly, and fully perform, dischsege, e~cecute, etfect, complete, and a~mply with and ~ ! sbide by each and every ~tLe atipulations, agreemente, conditiona, and covenants of said~ pmmiseory note and of this mortgag~e, then this mortgage end the eatate hereby crested ahall ceaee and be null and void. ~ The Mortgagor further covenants as follovvs: ~ ~ l. 1'hst he will pay the indebtednesa, as hereinbefore pmvided. Privilege is reserved to prepay st any tame, ~vithout premium or fee; the enttire indebtedness nr.any part thereof not lesa tLea the amo~n6 of one ~netallmeni, or one hundred dollara (i100.00), vvhichever is leas. Anyprepsyme~t made on otber thaa an inatallment : due dste will not be credited-untal the nert tollowing instaIlment dus date. . ~ ! 2. In order more fuUy to pmtect the security of this mortgage, the Mort~a~or, together with, and in addi- ~ tion to, the monthly pa7mente undec the.terma of the note secured hereby, on tlie installment due date day of : each month until the said note is fuUy paid, ~?ill pay to the ;4iortgagee as truatse (under the terma of thia ~ truat as hereinafter ststed) the following sums: ~ . , (a) A sum equal to the ground rents, if anY,~ue~tt~ due, plus the premiwna thst will aeat become due snd = paysble on policies oi Sre and ather hazard inaurance ooveru~g the mortgaged pmperty, plus taxes 3 snd assesament8 next due on the mortgaged property (all as estimated b the Mortgagee and of ` which the Mortgagor is notified) less aU sums already paid therefor divided ~T the number of months'` to elspse before one month prior to the dat~e when suc6 und rents ~ ~gro . Premiums, taxes,~nd assess- , menta will beoome delinqvent, such sums to be held by M~rtgagee in truat to pap said ground rente, : premiunns, taues, sad s~ecial aeeees~r~ente. _ 3 (b) The aggregate of tLe t~mounte paysble pursusnt to subparagrapL (a) and thaee psyable on the note ~ ~ ~ aecured hereby, shall be paid in a single psyment each month, to be spplied to the following itema ~ in the ord~ atated: y (n 8mund renta, taxes, aeseesmeats, Sre, and ot~e~ hssard inaurauce premiums; ~ (II) intereat on tLe note secured hereby; and ~ QII) amortisstaoa of the principal of asid note. ~ Aay de&ciency. in the smount ot such sggregate raopthly psy~nt ahall unlees ansde good by the Mortgagor ~ prar to tbe due ciaW of the next sueh payment, conat~tute sn event o~ default under thia mortgage. At ~ Mortga~ee's option, Mort~agor will psy •"late charge" not eaceeding tour per centum (4%) o# any install- ~ ment ~vben pud more thsn $iteen (15) ds}ra siter the dus date thereof to cover the extn eupense involved ; in bsndling del'u?quen~ps ymeata, but such "laLe c}~_ ahaU not bepa yable out of the proceeds of sny sale ~ made to sataaty the iadebtedness secured hereby, unfess~ s~u~h proeeeds are sufficient to d~schsrge tLe entire ~ indebtednees and sU proper coste and ezpenees secnred h~eby. ~ 3. If the total of the pe~yments made by the Mortgagur under (a) of paragraph 2 preceding shall exceed the ~ amount of payments actually made by the Mortgagee, as trustee for ground rente, taxea and assesaments, and ~ insursnce gremiuma, aa the case may be, such excese ahall be credited on subsequent payments to be made by the Mortga~or for euch items or at Mortgagee's option, as trustee ahall be re[unded to Mort~agor. If, however, such monthl~~ psymente a~eU not be su~~ ~t~ sQ such itema when the same ahaq beoome due and payable, then the Mortgai;or shall pay to thd Moft~'aD'gR es truatee any amount necessary to make up aooK ~$5 r~ 643 . _ . _ _ . _ - ~ ~ ~ - ~~&r-~_s.