HomeMy WebLinkAbout2808 To H~vs ~?KO ro Ho~ t~e s~tn~. to~?~her Mita ~~in~u~e ~.Ie~aweats. l~erdit~aaeetn sad appw~
truisnc~s tliersunto belon~ie~ or in a?,ywMe peM~i~~ ~ad the revenion and roveraons~ n~maimler oe ro-
a
an~inden. ~nd ~Iro ~l! tbe atate. ~1?t. tiUe~ at~e~t, home+ste~i. do~ ~nd ot dower. ~sparwte eata~e~
pore~sion, claia~? ~nd danaad ~r6~tws~ree. a~ well ia Lw as in equi~y. oi tho s~iJ or~~ iu ~eNl ~o the ~
~nd e~ery poM. tbre+eo~, wlth the appu~t~~noa ot the wd Moet~~ot in aad I~o the a~rna~ ~nd everY P~
Mroel ~berewt unb tha s~id Moets~ in Ies ~nple.
1~e Mort~~ Leneby oovea~ats with tbe Ma~t~~ ,~h~?~ hs is jndele~siMy ~aiwd ot ssid l~n~i ia tee
aun~ or iwch olhes esta?t~st it a~ay as ia stat~d herein; t~hat, he h~s iull power aad l~vr(ul t to aoavoY ~the sams
as iJot+eaid; tb~~ t2~ liad ~s lree fram ~ll oncuu~besnoes exoept as herein o~herwise recit+al; tba~ s~id Mor~g~goe
wiU auke wch iw~her arwru~ces b pwve the atoe~es~id titk i,o ~aid t~ad in snid MortRag~oe as ia~y be reasou-
req uired, aad t~h~t said M c does her+eby full w~r~sat t,he utle to si?i~l l~nd, nnd every p~ct thereoi~
o~t~a~o y e
an wD! def~d tbe wns ~sins~? t6e larvtul clsims ot al! penons ~rhomsoever.
PROrIASD ALweYS th~t ii the Mortgagor shall p~y unt~o the Mortg~g~ee tha~ oe~tain promi~ory not,e~ ot
Mhich fLe iollo~ ia ~ wbtantid oopy~ to wi~:
=11, 500. UO Fort Pierc . Florid• .
~ July 20.1~ 7~
Foa VeLVa Rse~uvan, the underaiRned prumise(s) to p~ay t~o ~tl~e order ot
~ as Administci?tor of Yetenos' ARairs, ~n OQicer ot ~he
3 ra ~ch o such~ ~nd h~ or their ~ssigns, t~p~~p~l~ytn
E~~ ~S~APD"~~ 1~ no~~'1~'- - - - - - - Dol~rs s11 ~ UV. UU
with interest from date st the nte oi eight bc o~l~le-h8lf-~-- par oent,um t 8 ~o) pec annum on the .
un~ balanoe untl paid. Tha uid princip~ and int~ rest All ps ble ati the offi Qi Loan (iuarsnty
O~aer; Vate~ans Administr~tion Regional (5~oe, in St. ~8~, ~uieeot~l ~5J.1 _-,-orst such .
1~older a~y~.~e m writiag delirered or mnited to t6e debcor ~a mont6ly ~nsy~enta of
BI~~-a-~S~~~ at~d~_
f ~ W - - - - - - - - - - - - - - - ~oll~rs (i StS .44
oommencing aa t,he 2 ta a.y ~ ot A s t , ~9 7 u, and ooatinuing on the
t
dsy oi each month thereaiter ~ui th~s note is tuUp p~id, e:cep t tbst~ if not sooner
pJ~tLb'8na1 p~yment of ~
c~100 mterest shall be due and payable on the 20 t
h day of
p , ZO
ptlyile~e is reeerved to pr8pay at sny titne, ~vifLout premium or tee, the eatire indebtedness or any p~rC
th~teoi not less than tLe amount of one inatallment or one hundred doUsra (i100.00), whichever is less. Any
~epuyment msde on otber thun an installmen6 due ~ate ~?ill not be credited unt-il tfie next following instaUment
due d~te.
If any deficiency in tbe ~?ym
ent oi any instaUmeat under this note is not made good prior to the due dste
of tLe nezt such installment~ the entirs pri~ncipal sum aud ~x,~rued iat~ereat ah~?ll at once beoome due and ~sy-
able ~vithout notioe ati tbe option of t~?e holder of this note. F~ilwce to euercnse this option eh~ll not const~tute
s waivee of the right to e~cercise ~he same in the event of any subeeque~t defaulk Ia tbe event of def~ult in the
l~ymeat of ,t~ia note, aad if tbe aune is callectsd by an ~ttorney ati 1~?w, the underaigned hereby .sgree(a) to
p~7 ~tl eoats of oollect,ion, including a reseonable attorney's iee. _
Tl~ls note ia givea for purchaee money ot real estate and is eecured by mortgage to eecure debt of even -
date here~vith, given and delivered by the undee~igaed to payee on cert~in real pmperty deecribed therein.
Pr~~eutmeat, protest, snd noRic,e are hereby waived. -
~ State doctmmentarq stamps in the /s/ R~JDQI~i PETTY sgnL
Ru~olpf~ '~etty._~------------------------- [ l
amaunt of $17.25 attached to. ~ ~
original and canceled. ~S ~X_______~___________________ ~BEAl.~
y~etty
IBEAL~
, - _ ~8~~
~ And sLall dut~, Fromptiy, and fully perform, diechuge, e:ecut~e. effect, complete: and comply with and
sbide b~ each ~nd. eve~r ~the ~tipulataons, agreement~, oonditions, aad covenaats of sud~promieeory note and
~ of tLis mortgsgo, then this mortgag~e and the estate hereby creaLed eLalll ce~.e aad be null. aad void.
~ 7~e Mortgagor further ooveaants a~ follows: ~ -
; 1. 1'hst be vvill p~y the indebtednees, as hereiabefore pravided. Priv~1ege is reeerved to Prepa9 at any time,
E without prn.mium or fee, the entire indebtedness or ~ny part thareof not lees tLan tbe amount of one installment,
ar one Lundred dollara (i100.00), wLichever ia lees. My prep~ymeat made on othe~r thaa an installment
~ dne date ~vill not be cr~di~ed until the neat tolbwing inatallment due date. ~ •
~ 2. In order more fnily to protect the aecurity of thia mortga~e tLe Mort,~a~or, together with, end ia addi-
tion to; the mon psymenta under the ternna of tha note secw~ec~ hereby, on t~e inatsllment due date dsy of
each month u~til~e asid note ia fully paid~ wt~l psy to the Mortgagee as truatee (under the terma of thia
tdvst ea hereinafter atated) the follovviog sums: . ~
(s) A sum'equal to the grouad rents, if anp, nert~ due, plua the premiutna that will neat become due and
payable on policies. of Sre ~ad other h~aard inaursnce oovering the mor pr~operty~ Plus tsses
and s~eeesment~ neati due on ihe mortgagedpm
P~ertY (all ~a eetimated~the Mortgagee and of
vrLic~ the Mortg~gor is noiified) leas all aums already paid therefor divided ~1 tLe number of months
to elapee before one month prior to the date vrhen such~ground rents, premiums, taxes,-and saseas-
E ments wr~l beoome delinqueat, sua6 aums to be held by Mortgag~ee in truat to psy said ground renta,
~ prvninms, taues, snd apecid assess~neats. . ~
arsgr
(b) The ~e oi the amounts p~~sbte purauant to snbparsgr~ph a) aad those psyable on the note
eecured~~sy~,~ be paid in ~ aingle paymeat each month, Lo ~ applied to the folbwiog iteina
tbe o~+det . •
(n 8i+ound rente, taues, aseeesments, Sre, s,nd othec has~rd insurance premiums~
(II) interest~ on tLe note secured hereby; aad
(III) anwstisatioa of the principal of eaid note.
Any de6cien~cy in ti~e amounti of such aggregate montW7 W3~eat sl~aU wnless made good b~ tha Mortgagor
ea
p_rior to t6e due ~iata ot the neri such pa~nent constitute aa event o~' default under t~~a mortgage. At
Ni~g~ge~ 's optioa, bi wiU pay a`Lts c~arge" not esoeeding four per ceat,~m (4%) ot sny inatall-
menti
4ew a pud mors ~teen (1 b) dsy~ sfter tbs ~ue dats tbereot to oove~ the euLra expense wvolved
in ban,dlin6 ~uea~tpayments, but auo6 lste s6a11 aut bepay~ble out of t.he prooeeda of any sala ~
made to aat~ety tbe indebtednees secured Lenby~~s such proceeds ars suffrciant to discl~srge the entire
indebiedne~s aad ~11 propsr oos~s ao~d e~ps~s ~ecuebd hersby. ~
3. Ii tbe total of the ps~ymenta made bI t~he Mortgag+or under (a) of paragnph 2 preoeding ehsU ezosed ths ~
~unount ot psymeata act,uall~ made by the Mortgagee, ss trustec tor ground rents, twxes ~nd asse~nents, snd
inawxace premiums, ~s the case may be, wch excas s~all be credited on subequent paymenta to be made ~
by the Mortgagor tor wch it~ems or at Mortgag~es's opj~oa, as- hwtee shaU be re[unded to Mort~agor. II, o
_ however, such monthl~~paymenta s~isll not be wBicient Lo p~y wch iterns when the nsne shall beoome due
snd payabie, then the MKtgagor shall pay to the Mortgagee as ttustes anl ~tnouaL neoe~sary te make up
. _ - -