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Home My WebLink About0217 ~ TO HA~R AND'!U HOI.p ~I1e s~Rle. t,o~e~lhr~ with ~11 Rn~t sinRul~~ the t,enome~ta, heeeditament,s u?d ~ppuc- ~ t~n~u~cra theoeuni~ Lv?loaging o~ in ~nyv?~sr appc~t,?i~ing~ und thp rrversion ~?nd rev ot?s~ rnmaimtP~ o~ re- sr mainders, and ~Iw i?U tho estato, title, mterest, hom , o ~d n t ~lav?r~, ar •~Nte rst~te, po~yaion, ct~im and dem~nd whata~oeve~, ~s well ia laMr as in~pqMa6~ ~~o s~ia ~~~o~ ia RnS lo the same and eve~y p~t. thrreot~ with the ~pp~~rtenances ot tbe ssid Mortg~gor in and to the same~ Rnd ovcry p~r~ ~n~ p~e~oel lhrreot unb the s~id Mactg:gee in tee ~imple. ' Tbe Mortgsg~on c~reby oovenanta vrith the Mort{t~, t~ha~ he ie indeteaaiblv ~iscd ot said land in fee aimple or such other eat,at,e. it any as ia stated herein; th~?~ he hNS tull powe~ and lavrf~~l right to convey ~the sune as utonaaid; tha~ the laad is fn~e ~rom sll encumbnnc.oa except ~a herein otherwiee recit~d; th~t aaid Mortgsg~or will make such iwther aesur~nces to prove the doros+~id liUe to said land in s~id MortRagee ~s may be reason- ~bl t~quired, and that said Mortga$c~r does hereby tully warran~ the ude to e~?id land, and every psrt thercot. w~rrill defend tl~e same ~gainst the lawful claims ot aU persons whomeoever. PROVtnsn ALwr~YS th~t it the Mortgag~or ah~U pay unto the Mort{~egce. t,h~t cerU?i~ promiseory note~ ot ~rhich the tollovring is a subatantial copy~ to wit: Ful 28 rCe 70 ~ Florid~. = 13,900.00 J y ,19 FOR VALUE RECEIVBD, the uadersi~ed pmmise~s) to pay to the ader of the Adminishator of Veferaas' Affairs, an Officer of- the United States of America, aad his auccessors ia snch office, as sudi, and his or their assi~s, the pcincipal sum of THIRTEEN THaTSAND NINB HUNDR~D andno/100------------~----- DoUars($ 13900.00 un with intet~t from date at the rate oi @lght & OZl@-~t81f per centum ( ~ dfo) per u~nura on the i~mp aid balaace until pud. The asid princi pal and intPmat• ahull be psy able st the o ce of 6he Loan Guaranty O~'icer, VeteranaAdministcation Aegion~l O~ce, in St. Petersburg Florid8 , or st such oth 1 ssy,e Ider d ~?te ' ti delivered or msiled to the c~ebtar in monthl inataliments of ~n~~mdr~ ~ie y e~nd ~3~ 0~~- ~ - - - - - - - - - ~ollars ~12 . 03 00 c~'ng on t6e day of ~~8 t , 19 7, and oontinuing on the n ~tii d~y oi each montL thereafter tmtal this not~e ia tully psid, exc~~ st, if not eooner P~, MYmeat oi rinci~,,~ ~d interest shall be due and p~yable on tLe [tSt~ d~y of . July ,~1995. - plr~ivilege is reeerved to prepay at any time, without premium or iee, the entite indebtednese or any part fhereof not less than the amount of one installment, or one hundred dollars (i100.00)~ whichever is less. Any prepayment made on other than an installment due date wiA not be credited until the noxt following installment due date. It aay deficiency in the psy'm ent o! any instaUment under this note ia not made ~oocl prior to the due date of the next such inatsllment, the entire princapal sum snd so~srued interest ahall at once beoome due and psy- able without notace st t,6e option of the holder of this note. Failure to exerciee tLia option shall not constitute a waiver of the right to euerriae the eame in the event of sny subeequent default. In the event of detsult in the payment of t~his note, and if the same is oollected by an attorney at lsw, the underaigned hen+by agree(s) to pay all oosts oi ooUection, including s re~onable attorney's fee. - This nots ia given for purchaee money of real estate and is eecured by mortgaga to eecure debt of even ' dste heiewith, given aad delivered by the undersigned to payee on certain real pmperty deec~ibed therein. ~ PreeenLment, pmtest. and noti~e at+e hereby waived. - /s/ _ DAVID ALAN RAZEY - [sE,,,,] State Documenta St s in the " ry amp. ~avid~~Alari "Ytazey- - - - - _ amount of $20.85 attached to /s/ CYNT'HIA~ L• RAT+EY ~SEALJ - original note and canceled. Cynthia L. Razey ' IBEAL~ ~ IBEAL~ ~ i And ahall duly~ promptly, and fully pertorm, discharge, execute, effect~ complete,_ and comply with and ! abide by each and every the st~pulations, agreements, cond~tions, and covenants of said~ promiseory note and oi tLia mortgage, then ttiis mortgage and the estate hereby created shall cesee snd be null and void. - The Mortgegor further covensnts as follows: 1. Thst he will psy the indebtedneas, as hereinbefore provided. Privilege ia reserved to prepsy at any time, ~vithout premium or fee, the ent,ire indebtedness or any psrt thareof not, less than tt~e smount of one inatallment, or one l?undred dollare (i100.00), whichever ia lees. Any prepayment made on otLer thaa an installment due dste wiU not be credited until the nezt fo]lowing installment due dste. 2. In order more fully to pmtect the eecurity of t~his mortgage~ the Mortgagor,_together wit6, and in addi- tion to~ the monthly paymenta under the terms of the note secured hereby, on the inatallment due date dsy oi each month until the said note ia fully gaid; v~ll pay to t6e Mortgagee as tavstee (under the terma of this trust aa hereinafter ststed) the following suma: (a) A aum equal to the ground rents, if aap, neut due, plue the premiums thst will next become due and psyable on policies of fire and ather hezard insurance oovenng the moctgaged pr~operty~ plus tsxea and assessmenta next due on the mortgaged pmp~erty (aU ss estimsted by the Mortgagee and of - which the Mortgegor ia notified) less all sums already paid there[or divided b~r the number of months to el~pee before one month prior to tbe dste vrhen such~ground renta, premiums, taxes, snd a~- . ment8 will beoome delinquent, such suma to be heW b~ Mortgagee in truat to piy said ground rents~ premiuma, . tszes, and apecial aasessments. ~ (b) The aggregste of the amounta psysble purauant to subparagrsph (s) and those paysble on the note secured hereby, shall be paid in a single payment each month~ to be spplied to the foliowing itema in the order stated: (I) ground rents, taxes, aseesamente~ fire~ and othec hasu~d inaurance premiuma; (II) intereet on the note secured hereby; a~d (III) emortization of t6e principal of said note. Any deficiency in the amount of such aggre~ste monthlr payaunt ahall~ unleae made good by the Mortgsgor pr~ior to the due dsts of the ne~L such payment constitute sn event of default under this mortgage. At Mor~sgee'e option~ Mo~a~o r will psy a"Iste c~arge" not exceeding four per centum (4°Jo) ot any instsll- mentivfien pa~d more thsn $fteen (15) days sfter the due dsts t6ereof to cover the ext,n expense involved in h~ndling delinquent psyments, but such "lste charge" 8hall not be psyable out o[ the proceeda of any sale made to satiefy the indebtednesa eecwed her~eby, ude~ such proc~eeds ue suS'icient to d~schsrge the entire indebtednees wd sll proper ooste and eapenses secured heteby. 3. If the total of the pa~ymente made by the Mortgagor under (a) of paragraph 2 preceding ahaU exceed the amount of poyments actually made by tlie Mort{~agee~ as trustee for ground rent8, taxes and esse~ments, and insursnce premiuma, us the caee msy be, such excess ahall be credited on subsequent payments to be made t by the Mort~a~or for auch items or, at Liortgagee's option~ as tnistee ahall be re(unded to Mort;sgor: If, i however, such monthly~ paymenta ahall not be sufficie t;~o ap u~ items when the sarr?e ahal! beoome due and~payable, then the Mortgagor ahall pay to the 410~~ tee any t nec~sary to make up € d00X ~ ~ri~' ~ ~ _ _ - >