HomeMy WebLinkAbout1739 To A~vs so Ho~o ttw aaw. to~ther with ~q ~ad ~iaRul~ tl~s 1,a~«neata, hse+edit+uneat~ ~nd ~pputi
t~ns~+e~ tl~e~uato beio~~iaR o~ ia sp peHaiain~, ~ad ~bs revasion sc~d reve~ remainJw o~ re-
~den. aad ~l~o sp ~l~e at~?to. +i~h~Ik. int~e~est~ Iw~aeste~d. dq
_w~r e~ atate~
parwio~. e+l~ins wd wiu?t~w~wr~ ~s w~U ia larr as ~ iquiyt~ ~t t~o ei~sw~e.
~ni ~r p~r~ tl~~+so~~ wi~ tlw .ot ~M Mid Mort~a~ole tlM ev~ry put ~ad
jw~al tbereot ~to th~ ~aid 1[ort~e~ 1A tM ~aapis.
'l~ Motts~oe heerb~ oo~naaat~ ~rith ths M~t~~e . th~t hs i~ ~dete~ib~ ~eised ot said land in fes
~a ae such ott~er est~tst it aoy r i~ atated heraa; tha~ he h~s tull po~rsc ~nd l~wiul right ~o ooavo~r -the same
a~ira~id; tiu<< ebe Lod w fns ~t+aa all eacumbcw~oaa e~ospt ~s hsrsia ot6erwi~s ~+ecited; ~at ~sid 11~ort~gypoe
wiU m~lce wch iutN~ dwniaces t~o prone tbs atoreMid titls b~ad !wd in ssid Mort~~es ~s n~ bs reawn-
~~rill deteud tbe wasNid M doas hereb~ t~y wae~ant-tbs tifk t~o st?al laad~ and ereey part thet~eof~
a~siast~
wlul drir~r ot sil p~c~ons whom~osr~.
Paonnsn ALwrs~n tbat it tLs_Mortts~o~ ~Il p~,p unto t~hs Mor~~ee th~t oectaia promiMOry note~ oi
which tiM ~oiiowins is It s~ii~tl~nu~l oopy~ t~o wlt: ~
= 14,500.00 July lier 1~ 70
FOR VAI.UE RECEIVBD, ffie andersi~ed pe+omise~s) to pay to the ocder ot the Admiastrator of ~
Veteraas' Atfa~rs, aa OfBcec oi t6e Uaitad States of Merica, aad his snccessors in suc~ offioe, as
wch, ~nd !~_Qc Weir assi~as, .tht pci4cipol sam of FQ~JTRTSEN 1SOtJSp~ g~~g HUND
snti ao/ tVV- - ~ - - - - - - - - - - - - - - Dollars 14, 500.00 ~
with intereat irom date at tde nte of eight & one-half per oentum per annum on the
u~n.paid bdanoe until paid. TI?e said princi aad internat ah,~ll be pi able the o the Loan tiu~rnnt
c~oQr, Ve~an.A~,a,iski~ '~e~io~a~ in St. Petersbiirg Florida or ac such~
°~~I~~ ~t~e~r~~aolivered ar m~?iled to tLe ~ebeor ip mop(~ 116.
87
~cs ~i
Q- ~ /_1 i i~ ~ ~1" ~1". i i- i~ ~ ~
• vi, f~hb ~~St . , __ds~? ai-~r Au ~ at , 197 ~,~'rind coneinuing on the
a~~s~~ s. da~ ~ri~ e~ch moath t~ere~it~et un~this n~ate it lullr P~,a~ee~~k if not ~ooner
P~d~ tLa 8wl~paynnest ot.pnnci~.~t ~nd~ iat~+evi shall bs due, ~ad p~Wao~ ~iee ls d~y ot
JuXy . _ 19g5. , ~ - . .
!~iv~eg~e ~s reserYed-to P~'ePuY ~t aay time, wifhou0 premium or}fee, the "ent3re indebtedness or my parrt
thereof not lees tLan !6e amount of one inatsllment, or one hundred dollua (i100.0~, ~thichever ia leas. Any
prapa~ymenL m~de on otber th~n an instaUment due d~te ~rill not be cndited unt~il the neut following inataUmeat
d
8~ny deficiency ia tLe psymeat of any installment under tLia note is noti made good prior to thn~iue date
ot tbs nea~t such installmeat, the eatire priacipal sum and aa:rued interest sh~?lt at onae beoome due aad ~pay-
able wit~OUt notice aL the opti~ o~ the holder of t~s note. Failure to ezercise this option ahall not oonsutute
a waive~ of the right to euercise the same in the evet?t af wy subeeqnent defautt. In the event of default in the
PaYmeat of t~hi~a note~ and if the sa~ne is oollected by aa attorney at lnar, tbe undereugned herebY u6r+ee(a) to
Pu1 all ~osta oi onllect~ion, including ~ rsawnabk attorney a fee. . .
TLis note is gir~ forpur~ass maQey ;af re~l astste aod i~ aecured by mostgsge to aecure debt of _even
date herawifb, giv~ and d'ehvered by tbs underei~ed to ps~ee on oert,aiu real pmperty described tLerein.
Pr+e~en~t. protest. and notice are hee~y. w;i~ad, j-• ,t
~ ~ ~ - ~8_~~ JAI!~$_ ,E. MARTIN t._~_--------- [aeeLj
State Docum?enta St s in the " ' - ' '
~ ~P , James ; ~Mar~in, . Jr.
amount of $21. 75 attached to,. :
` . ~~~~I------------------ [d~~~
origin8l and canceled. ~ - Sharon ~.~Martin
~ ~ ~ tse~i.]
. ' [s~?~
And shaD duly, prnmptly, and fully pertorm~ diecharge, ezecute, effect, complete, and comply w~ith and
abide b~ e~eL-md ever~ ~the stapulatione; agreements, canditio~, md covenants of sud~ pmraieeory note and
; of tbis mortgag~s, thea tbis mortgage? and tbe eatate Lereby created shall cease and be null aad void. ~ .
~ Tbe Mortgagor further oovenants as follows:
` 1. Tbat he will pay the indebtedneas, as hereinbefore provided. Privil~e is reserved to prep~y at anp time,
~ wit~wut premium or lee, the entira indebtedneas or my part thereoi not lesa than the am~ouat of one installmeati,
f, or one hundred doDara (i100.00), rvhichever is less. Any pr~ePayment mada oa other t~han an installment
~ dne date will not be credi~ted until tLe nest following iastallm~t due date.
2. In order more fiill~ to pmtect the security of this m the Mort~~,~or, together with, and in addi-
tion to, the mon~ pspmente .under the Lernis of the note~~ hereby, on t~he inatallment.due dute day of
each month until e ssid note ia iuIty paid. ~1 p~?y to the Mortgsgee ae ta~atee (under the terma of this
truat as hereinaftet_at~tied). the ~olio*wg sums: ~ ; . -
(o) A swa equal to: the grouad reata, if aap, n~6~ due, plua the pren~iu~s_ ths! will ne~! beoume due and
payable on poUp`es of ~Sre ~nd otbet Lasard insurance oovering the mort~ag~ed -pm~perty, plus tszea
aad aseeasmenta nezt due on the mottgagedpro pa~rt~ (aU as aatimated-b~y the Mortgagee and of
~ wltiee t~e~Mo~rtgegoi?i'notified) lees all sums alreadp pud therefor divided bl t~e namber oi months
to elapse~betoee one ~noat~ prior to tbe date .vhe.n sach~grownd r~ts, ~ame, .tsxes, and aaeese-
ments.~riU beoom~dd'mqueat, ~eh su~as to be held b~ Mu~tgag~ee in trust to p~y sud gromui rents;
~nmi~n!!, ~ax4s, _ ~nd ~Pec'ri~l ~weeeme~?ts. " . .
(b) 1'be aggregste of t~re amounta paysble purauant to subparagcaph and those payable on the aote
secured hr,r~by, eha11 be pa~ in a siug~a payment each month, to be appUed to the following itema
• in the ordeit stated:
(I) 8ronad`~ts; t~ces, aeseasments, 8re~ and other hasard 'msuraaoe premiums;
. (In intez+e~t"on tLe nota sectii+ed hereby; a~d`
(IiI) amort~atio~n oi the principal of asid note.
An~t deSciericy in the ap~unt of'suc~t ~t+eg~ete mQmt~ty p~y~ens ahall unlees made good by ~he Mortgsgor -
pnor to tbe due data ot the ne~ct, sueh pa~ment constitute an event o~ default under this mo At
M 's option, Mortgager ~vill pay ~~lsts c~arg~e•, not e~cceeding lour per centum (4910) of an~inatall-
menL~w
n pud mors t,haa $ teen (15) days dier the dus date t~hereoi to oover the extn ezpenee mvolved
ia handling de ueatp~ymen~s, but aucb `ilst~ "~hall ~a~ bepayable out of the proceeds of aa~ asle
. m~de to s~dy tLe indebted~s su~6 :pr~ee~ ars su~Cient to diseharge the entire -
iadebtedne~s aad all prope~ oosts iwd espe~e~ iecuced Lereby. - ,
3. ~t tbe t~ot~l of the pa~ymenta msda by tbe Ddortgag~or unde~t (a) of. patagnph 2 preceding shall exceed tha
amount of p~ymente actusDy mi?de by t6e Mortg~;eei as ttustee for ground tents, taues snd seeessmeuts, ~?nd
insunaoe preminms, as the caae may be, aW~t a~oe~d sfiall be credited on subsequent paymenta W~be made
by the Mortg~g~or for snch items or at Mortgagee's option~ as trustee ahsil be refunded to Morts;sgor. IE,
however, sn b monthl,~payments s~ail not be aufticient ~o ~,y ,p' i when the same ahall beooma due
snd ~yabk~ then the Mortgagor sh~ll pay to the Mo'rtRag~ yib~~~any unouat neceesary to malce up
~ go~185 ~i~140
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