HomeMy WebLinkAbout0156 To H~~s ~NO ro Ho~.o t,M s~uae~ tq4rth~~ with all ~nd sic?Ru1R~ lh~+ tene~ne~t,s. hee~edita?menta ~nd ~pputi
tenanc~es thereunta Mbnging o~ ia ~nywue appertxining, and the rrve~sion ~nd rrvenions~ rnm~in~ler u~ re-
ta~aders~ and ~Iso ~!1 tho atato, righ~~ title, ~nteros~, ix~meat~aci~ ~oMtys u?d ri ut oMer~ se l~A~ste rst~te,
p~oa~~asion, claim ~nd demand whataoeve~, as well ia taMr as in eqyit~j ~I~4o skiJ ~{p c ~n and to the same
and eve~y p~K t1~~root~ with the ~ppuH~nRncos ot the s~id hto~tg~gor u~ and to tl~e e~ and every pact Rn~
panxl thereo[ unt,o ti?e s~id Morlgagee in tee simple. ~
Tbe Mortgag~or hereby oovenanta with tho Mo~t~~, il~•~ he is inde[paaiblv sei~d ot aaid 1~?nd in fee
aimple or such olher est~at,e, it any. ~ i~ stated heroir~; t!?a~ he hxs [ull power and Irvrf~d ri~ t 1,o convoy -tho suas
as~foressid; th~t, the land is le+ee fmm all encumbru?cca excep~ ~s herein ot.herwise recite~; tb~t said ~ortgagor
wiiTmake such turther assun?ncea to prove the dorea~id title to said land in anid Mo~t~ugee aa msy be r~ason-
ablyreq uited, ~nd t1~at s~id Mo~tgagor do~ hereby tully warraat the tide to auid 1Rnd~ i?nd every ps~t the~coi,
and ~vill detend the same againat the lawtul cl~ims ot all persons whomsoever.
PROVinsn ALweYS that it the Mortgagor shsll pay unto the Mortg~gee that cert,ain pr+omisaory note~ of
~rhich the tolbwing ie a aubstanti~l copy, t.o wiL: gort Pierce , Florid~ .
= i6,500.00 July 27 , ~9 70
FOR VALUE RECEIVED, the uadersi~ted pcomise~s) to pay to the order of the Administrator of ~
Veterans' ~Affairs, aa OfHcer of the United States of Aanerica, and hia successore ia such office, as
snch, and is oc ffieir assigps, the ptiacipal sum of SIXTEEN TAd[1SAND FIVE HUNDRED
and noq100- - - - - - - - ~ - - - - ' - ' ' Doilars 16,500.00
with intereat irom dste at the rate of eight & one-h81f per centum per snnum on the ~
unp aid balance until ud. The said princa_
psl and intPmst ahell be yable at the o~c~ Qt the Loan (3usranty
Q~'ic~r, Yet~erana Ad~niatration Aegional OH'ice, in St. Pete Sburg, Florid8 ~ or at such
otber plaoe sa t6e holder may design~f,e in writi~g delivered or msileci to the debtor in mont~i~st~?cnta oi
One ~undred ~y two and 87 / 100- - - - - - - - - ~oli.rs z. a ~
oommencang, on tbe ~tYf day oi ~ Attgus t , 197 ,~nd oontinuing on • tke
27t11 dsy oi e~?d? moath therewfter until L6is note ia tuUy paid, ~o~p6 that, it not sooner
puid, tbe fipal paymen6 oi princip~l and in~erest, stiall be dua ~nd p~ysble on t~e Ln day of
Jul y, ~ . , 1995.
privil
e~ge is reeerved to prepay at any'time, without premium or fee~ the entire indebtedneas or sny part
tLereof not lees than the amounZ of one installment~ or one hundred dollats.(i100.00)~ whichever is less. My
prepsymeant made on other than an installment due dste will not be credited until the next lollowing instsUment
dua date.
If any deficiency in the paym ent of any installment, under tbis note is not msde good prior to the due dste _
of the nezt such inatslLment, the entire pnncipal sum and acx,•rued interest ahall st once become due and psy-
•ble without notice ~t the option of the holder of this note. Failure to exercise Lhis option ahril not conatitute
a wsiver of the right to euercise the same in the event of any subsequent default. In the event of defsult in the
payment of this note, and if the same ia collected by an attorney st lew, tdie. undeisigned hereby agree(s) to
psy all costs of collection, including a reseoneble attorney'a fee.
Thia nots ie givea ior purc6aee money of real ~tste and is aecured by mortgage to secure debt of even
d~te herewith, given and delivered by the under~igned to psyee on certain real property deec~ibed therein.
Preaentment~ pmtest~ and notire are hemby waived.
State Documentary Stamps in /s/ TO~IIrIY I~EE AAWKINS ~BE~L~
- - - -
the amount of $24.75 attached Tammy r.ee Aawkins--""""' '
to original and canceled. /-s/ ROSALIE_ V~._HAWKINS_.._.__. ~SEALJ
Rosalie V. Hawkins
(BEAL~
~
' IBSAL~
I
~ And shell duly, pmmptly, and fuUy perform, dischsrge~ exe,cute~ et~ect, complete~. and comply with and
j abide by each and every ~the stipulations, ~greementa, conditiona, snd covenanta of said~ pmmissory note and
of this mortgage, then this mortgage and the estate hereby created ahall cesee and be null a_,,ud void.
The Mortgagor further covenants as follows: ~
1. 1'hst he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to prepsy at an time,
~vithout premium or fee, the entire indebtednesa or any part th~reof not lesa thsn tLe amount of one ~na~ment,
or one hundred dollare (i100.00), whichever is less: Any prepsyment made on other tLan aa inatallment !
due date ~vill not be credited until the nezt following installment due date. - ~
2. In order more fully to protect the security of this.mortgage, the Mortga~or, together with, and in addi- ,
tion to, the monthly paymenta under the terms of t~e note secured herebp, on the installment due date day of ~
each month until the said note ia fully paid, will pay to the Mortgagee as trustee (under the terms of t6is j
trust as hereinafter stste~) the following suma:
(a) A sum equal to the ground rents, if any, next due, plus the premiums that will noxt become due snd
psyable on policies oi fire and ot~?er hezard insurance coveruig the mortgaged pm~perty, plua tsxes
and assesamenta next due on the mortgaged pmp~erty (all as estimated by the Mortgagee and of
wl?ich the Mortgegor is notified) less all sums alrei?dy pa~d therefor divided bp the number of montha
to elspee before one month prior to the dste arhen suchground rente, premwme, taae$, snd asse,as- -
ments will beoome delinquent, such eums to be held by Mortgagee in truat to pay said ground renta,
premiums, taues, aud apecial aseessments.
(b) Theaggregate of the amounts payable purauant to subparagtsph (a) and those psyable on the note
secured Lereby, ahall be paid in a suigle payment each month, to be applied to the following items
in the order atsted:
(I) gmund rents, taxea, assessments, Sre, and ot6er hazerd insurance premiums;
(II) intereat on tLe note sec~u~ed hereby; sad
(III) amortization of the principsl of ssid note.
Any deficiency in the amount oI auch aggregste monthlv pa}~ment ei~~?1! unleas made good by t6e Mortgagor
prior to the due dst8 of the ne~t, such payment, constitute sn event of detault under this mortgage. At
Mortg~gee'e option,_Mort~gor will pay a`lste chsrge" not exceeding four per centum (4~Jo) of any inatell-
ment vvfien paid more than $fteen (15) days sfter the dus dste thereof 'to cover the eat,ra expenee ~nvolved
in hsndling delinq uent psyments, but such "Lte charge" ahall not bepa
vable out of the proceeds of sny sale
made to ast~sfy the in~ebtedness secured hereby, unless sucb proceeda are sufficient to discharge the entire
indabtedness and ap pmpec costs snd eapenses secured 6ereby.
3. If the total of the pa~~ments made bp t~he Mortgagor under (a) of paragraph 2 preceding ahall exceed the
amount of psqments actually made by the Mort,Aagee, aa trustce for ground rents~ taxea and asse,e~mente. and
insursnce prem~ums, aa the case may be, such excess shall be credited on eubsequent paymenta to be made
by the Mort~agor for a h~,emqqr• at Mortgagee's option, as truatee ahall be refunded to MortPagor. If,
however, sucli monthl~ af inents s~isll not be sufficieqt ;,o pay such itema when the same shall beoome due
and paqable, then the ort~aRor sliall pay co the Mortgagee as truatee any amou~t necessacy to make up
600K10U PACE
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