HomeMy WebLinkAbout1595 To H~n ~xo To Aot,e tMM t~o4e~ther witl~ ~q wd ~ul~ tb~ ta~aaeats. ha~sdie~meats ~ad y~pu~
t~nana~s tbee~eunl~o be~ot~ia~ oc ia ~nywr~e ~pPest~inini~ wd.the reve~ion and roveesio~s~ rsra~in~ or ra
~naiude~s, ~nd ~{w sll the estate? ei~L, title. ml~+est~ ~ ~!~~~?wer ~e t~ escnte,
~n I~am~~e~i~y~ic~~ ~~Myt~ ~
pOMOr1011~ l~tpl Ytd ~lRl~ M~{~OOfK~ Y M~ IR ~M tf 1!1 illitl IR b t~le ~
sud ev+ry paK tikrso~, wjlh the appuM~asuca~ d t1~s nid Ma~oe m~ud t~o ebs Mn~s, ~ad ever~? Mi+t
' pai~al t~hemot unb tbe pid Mo~~s ia les ~aapla
T6~ Moct~~oe 6orsb~ co~eawt~ wieh tbs M~ . Qu?t hs i indeieMibly seiaed ot ssid l~ad in tes
~np~s or wch othec at~t~st d any as~is s~ated herein; t~~ he has tull povre~ and Is~w[uln~h t ~o oonvo the sa~rtie
as d~id; that tbs Lad ~s ires ~e±oai ~11 eaoumbtawaes exoep4 as hersia o~6eewi~e reoited; t6at said ~ortg~ot
will make such turtl~sr arurances to pro~e tbs doe~owid title to s~id l~nd in s~id Mort{~~es ~s may bs reawa-
~req uired, aad i6~t ~aid Moctg~or does herebj iuU wurant tbs tit~le to s~ic! l~nd, sad every p~ct theceof~
~nd wiU deteod t~hs sa~e ap?io+~t tbe -bwf ul claims ot ~ peesons w~oanoersr. .
P~omasu ALw~i~~ th~t it t6s Mortgag~or shall p~y uato ~Le MoMg~ges tlu?t osrt~ain pwmie~ory note, oi -
~rhich tbs tdbwu'
~is a wbsfantial ooPY~ to wit:
= 8,300.00 ~ Fort Pierce
Jtme 30 ,1~ 70' ~~a.
FoR VAI.UB RBCEIVBO, tlie undersi~ned Fromise~s) to paY to tl~e ocd~ of the Adiaimatcator of
Vetierans' Aitoirs, an Offlcer o~ ffie Uoited States of Aa~erira, and his successors in snch office, as
snch, and his a their assi~s, We p~iacipel sam of BIGBT THOUSAND TARE~ HUNDRBD
~Ad no/100- • - • - - - - - - - - - • - - - -Dollars , 300. 04
~nth intenat?mm d~te at the nte of eight & one-hAl f per centum ( 8~ °J~ ) per annwri on the
un~u
d balmce unta7 paid. The said princa
p~l snd int~rnst ahsll be pay We at the Q1lic~ o the I.~an Gusranty
OQ'ic4r, Vet~eraa~s Admiai~tntiou Reg~al O~'ice~ in St . Peters~urg Flori a ~ or at such
otber pl~oe as e holder deei~,u~te in writity~ delivered or muiled to the de~tor in monthl nta oi
sr.x~-s~ ~,a9~
~0o--==i---~------- ~u,~c:$~°~"`'
comm on the 30th': d*y oi July , , 19 7, and oont3nuing on the
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h ' d a~ o
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p~id, t~rs $
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l p~yanen~ oi ' and intee+est ahs11 be due and pqr~?bls oa tbe . 30~ 7
Juae . ~ ~ ~19 S. . - ~
pri~ega is reeeived to prepsy at any ~tune, without premium or iee~ the entire indebt~edness or any Part
tl?ereof not lees tbaa the amounL of one inatallment; or one hundred doUsra (i100.00), w+hichever ia less. Aay
p~paymea~ made on oid~er thnn an inataUment due date wrill not ba credited until Lhe next foUowing instalimeat
due date.
If any de6ciency ia the p~ym
ent ot any installment, nnder tl~ note ie not made gooci prior to ~he due date
~ tLe nert suc6 inatallment, the entire pru~capal sum and acx;rued intereat shall at onoe beoome due and Fay-
•ble without notioe at tLe option-oi the hotder of this note. Failure to e~cercies tLis option shall not uonsvtute
s waive~ of the right to ezerciee the ssme in the event oi any. subeequent default. In the event ot default in the
Pi?Yn?ea~ oi this notie, aad if tLe same is o~llected by aa attorney ~t law~ tbe under~ned hen+bY agree(s) `o
P~Y a11 oosta of oollection, including s reaeunable attorney's fee.
This note is given for pnreh~se moaey of reat est~ats ~ad is seeured by mortgage to secure debo oi even
dats herewit~h~ given ~nd delivered by the underaig~ned to psyae on cert~ia real Pi+o~PerLy dee~xibed t~herein.
Presentmeat, protesE~ and notice ~re he~r.by ~raived. . ,
, ,
. /s/ HARRY.J. FROS~
State Documentary stamps in the ~rry `~-.--~=os~----~------.~-------------- (es~L]
- amount of $12.45 attached to.note /s/ LINDA-M: FROST
. [es,+a
and canceled. Linda M. Frost. .
. IBSALJ
~ ~d~~
And ahall duly, Promptly. and fully perform, discharge, execute, effect, oomplete, and oomply with and
abide b~ each and everp ~the adpulations, sgreement$, conditions, and covenanta oi sud~ promieeory note aad
~ of thi~s mortgage, then tbia mortgsge aad the eet~te hereby creatsd s}ull cease aad be null and-void.
~ 1'Le Mortgagor forther oovenaats as follovra:
~ 1. Th~t he will psy the indebte~nees, as bsreinbefore provided. Privil ia reserved to prep~y at ~n time~
~
~ without premium or fee, tJ1e entire indebtedneas or any put thereof not less an the uaauni of one ins meat,
~ o~ one hundred doUara (t100.00), ~rhichever ia less. Any pnp~yment made on other tLaa aa insiallment
dua dste will not be credited unW tho nert following inatallment due date.
2. In order more fnUy tb protect the eecutity of this mortgage, the Mort~~or, together with, and in addi-
~ tion to, the mont~ilp payments-under the term,s of the note secured Lereby, on t~e inataliment due date dsy of
each month until tbe esid no~e is fully p~id, will to the Mortgagee as truatee (under the terms of this
trust as her8inafter steted) the fo~towing sume:
(a) A sum equel to t~e grouad renta, if aap, next~ due, plus the premina~s thst w?ill nert- beoome due and
psysble on policies ot fire and other hazard inauranc~e oovering the mor pr~operty, plus tszes
and aseeesments next due o~n the mortgaged property (aU as estimated~the Mortgagee and oi
' w}uch the Mbrtgagof is noti6ed) lees all suma already pud therefor divided'~~? the~number of montha
to dapse before one month prior tb tbe dste wrhen such~ground reate, premiume. tases, -and aeeeee-
meats ~vill beoom~e delinqueat~ snch wmus to be held by Morigag~ee in trust to p~y ssid g~+ounci nnts,
P~~~..4sxee, an~i: special asoeesments. .
(b) The ~regate~ of t~ea~w
uata ~syable purauant to subparagnph (a) and t~oee payable on fhe note _
~ secu~red hereby, shall be paid ~n s ain~le psyment each month, to be ap~?lied to tLe following items
~ ' in ihe orde~-stated: - ~ -
~ {n ground reata, taxea, asseeeanents, Sre, aad ot6e~r has~rd inaurance pt+emiums;
" (In interes~ on tLe nota secured hereby; snd
(III) amortiaation of the principal of said aote. ~
Any deficiency_in the smount oi auch s~regsts mon~hly pay.noent shall ~nl~ss made good by the 2~tortgagor
prior to tbe due dat~ of the neaf, such ps~iment constitute an event o~ default under tL~a mortgege. At
M~gsgee 's option, Mortgag wiU psy s-Lte c~srg~e" no~ exceeding four per centum (4%a) oi any inatall-
ment wben p~ud more than- fitteen (15) dsys dter the due dste t~ereof to oover the extra e~cpense involved
ia Laadling deliaq ueatp~yments, but such "late e" ahall not~bepsyable out of the proceeds of any sale
mada to eaLisiy the indebtedness secured:hereb?y~ auch prooeeds are sufficient to discharge the eutire
indebtedneas aad all pmper coste and eucpeases secured 6eceby.
_ 3. If the total of the pa~ymenta msde by t~he Mottgago~r under (s) of paragrap6 2 preceding sh~ll exceed the
smount of paym~nts sctually made by the Mortgsgee~ as taustee for gronnd rents~ t~es snd sseessmenta~ snd
insurance pr~niume, as the csse msy be, such esue~s shall be credited on aubsequent psymenta W be made
by the Mortgagor for such items or at Mortgagce's option~ as t~ruatee ahaU be retunded to biorts~gor. If,
however, such rnonthlT~psyments a{~sU not be su~cieat :o psy such items when the seme ahall beoome due
and payable, then the Mortgegor shall psy to th~ Dr~or~~ee ~s t~rustee any smount neoeesary to mske up
~ gooKi85 ~?~1596
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