HomeMy WebLinkAbout2295 ' ~
~ t• 1 A.
TO NArR ANN TO f~Of.p l~1! l~Ille~ to~~hi~e ~iih~l ~nd ~In~iTs~tlu+ ten~mrnta. hrreJitam~ts and •~?pu~-
tonann~s Ihereunln bctot~itNC ur in.~nywae ~ppr~~~inin~~ ~1 ~hP rnveroi+~n snd rrv~niww~ erm~in~le~ ur re-
~psinders. u~d ~bo dl tbe e~twtr, nght,. title~ ~nteros~, l~nmratc~l, dovrr~ ~nd ~i~ t~?t dowr~, erparNtr cyt~ta,
po~rion, cl~im ~nd dem~nd whataoeve~, M w~ll ia l~w as i~ equity. oI t~ho MiJ l~to~t~gor ia and to ~lu~ aa~ne
and eve~y psH thcri+oi, with the ~ppurtrn~nces ot the Nid Monge;or in and to"tho s~?me, ~nd nvery .Mr~ ~od
pae~c~l thernof unb the s~id Morlg~e+e in tee sitnple. . ~
The Morlg~o~ hcreby oovenanta witA the MortRa~, th~~ he i~ iad~teuibiv sei~d ot said I~nd in Iee -
~impk or such othe~ catat~+, ~t ~n~, w is st.ated he~rin; tha~ h~ h~s tull power and I~w~u1 right b convep ~the same
~s ~foraaid; tha~ the l~ad is tr+ee trom ~ll c~curpbrmco~ exeep~ ~s herein othecw~se recited; th~~ uid Mortg~oe
wiU make such (urther arurnaces to prove the atot+aaid titk to ~aid l~nd ia a~id Mort~ag~ee ~s msy bs r+~non-
abl req uired, ~ad thai wid Mortg~gor daes hcr~eb~ tuUy warraat t,be bitle to s~id l~nd, and every pa~ t,heceot,
an~~rill detend the wne ~g~ins~ t~he l~wtul clairru ot sU per~oiu wfionaoe~er.
PR0111DiD Al.N~cY~ th~t it the Mortgy~r sh~ll pay unto t!K? Mortg~ ~hst oe~tain pmmiseory note~ ot
wliich ths lollowina ia a wbstantial copy~ to wil.:
= 16, 000. 00 S~~or~te~i~rce F~orid..
FOR VALUE RECElVEO, the nadersi~ed promisas) to p~yy to the o[der of We Ada~iaiatrator of
Veteraas' ANairs. an OEficer of We Uaited Statea of Aaierica. and his snccesson ia snch otfice, as
such, aad bi~ a their assi~s~ the p~iacipol snm of SIXTEBN T~U~p ~nd no/100- -
•-----•----------------Dollacs(s16,000.00
with interest from date a~ the rste of eight bc OIIe-helf per centum ( $~°J~ ) per anaum on the
u~n~paid balnaca until paid. Tbe s~id princ~ and interca~ ehall be able ~t i Lhe Loan Guaranly _
OA'ioer, Veterans Adm~nistntion Regional ~ix, in St . Pete~~urg, ~o1'i~8 . or st such
t~het pl~ce as tbe lwld~erm~ d ~te iA wrri de
~v~d or mwited to tbe debtor in moathl installtruats ot
~NE Atll'~DRED TW?ENTY-E~ and 9~i/100- - - - - - - - - ~oil.ra (i1y28.96
on cl~ee ~ 2n - day oi Oetober 70; and eoucinnin~ on c6e
.~~lnd dw ot e~ch nwnth theresiter uatil tLis note is iuUl P~, e~epc ~t, if sot ~oo~er
pasde, ~
e Rqal ~
ya~enc o
i _ lyy5 . w
d u?t~ensc a
i u
ll b e, due w
d p.y
a
b
L
a oo the 2nd dnj ot
p embe ,
Pti~ege 1s reserved t~o P~P~Y a~ any tia4e~ Mithou! premium or iee, the mtie+e i~debteda~es oc anT psrt
thet+eot not less than t~e a~nount of one inataliment, or one hundred dollars (=100.00), ~rhichever is less. M~
prepaytnea~ made on otber than an iastallment due date w?ill not be crrdited until the next ioUow+ing inatallmen~
dna date. -
It ~ny de6cieacy in the psym
ent ot sny installment u~er this note is not made good prior to tl~e dne date
oi the next wa6 installment~ We eatire pn~~~cap~l sum and sasnud in~erest ihall at onae beoome due ~nd Fsy-
able wif~hou6 notioe ~t tbe oplion oi the 6dder of thii note. ~ Failnre to ezee+eise ~his opt~on slull not constatute
,h
a waiv~r ot the right to exerciae the same in ,tbe eoenL d aay subsequant default. In tbe event of detault ia tba '
psymeat oi ehie note, and if the same is oolleated b~ ~a aRtoet~ey st law, tbe ~ed Lereby agree?(a) to
p~y ~11 oosta of odlection~ includina a rea~onab~e ~?ttorne~'s fee.
1Lis aote is given torp~ mone~ ot r~l esta~s ind is ~ecured by .mort~a~e ~o secure deht ot erea
date herewitb, givea and d'eLve~ed
b~ tbe ~ned to p~yee aa certaia red propect~ de~cribed tbe~r~ein.
Pe+e~entm~t, ~otest~. ~nd notire ~r+e bereby wai~ed. ' ~ _
/s/ GBARGE P. BIEBS [s~?~.~
State Docwnentary Stam~s in the ~or ~ e~ f'. Hiera
amount of $24.00 attached to g
original note and canceled. lB~--J~ HIERS____________________ ~s~na
Joan Ma ~iere
ls~,+a
~ ~•~?~a
~ And shall duly. Pmmptly, and fully perfoRn~ diacharge, esecute. ef[ect, oomplete, md oomply with aad
~ abide b~ esch and every ~tbe st~pulatioru, sgreementat ca~ditwns, and ooveaants oi a~ promieeo~ note and
of tbis mortgag~e, then this mortgsge aad the eatata hereby created aball aea~e and bs nnU and
~ 3~e Mortgagor furt~er oo~~aants aa IoUows: - '
~ 1. That be will piy the indebtedne~s, as hereinbefa+e pro~ided. Pti~~e "sre~erved to prep~~ at an~ time.
wichout pnmium or fee, the e.ntiee indebtednees or ~n~ part thereo[ not las tbaa tbs ae~ount a~ ons inft~aU~oeat.
or one Luadred dollars (~100.00), ~rhicLever is ler. Anypn ywent mide on other t~haa ai? iostdtment ;
due date ~viU not be credited until tLe neact tolbwing installm~
nt due dats.
Z. Ia order mvice fnll~ to pc~tect the securit~ ot this ma~t;age, the ~t , wg~ether with, and iQ addi-
tion to, the monthty p~ym~ta under the tarms ot tLe note secuced henby, on inst,ailment dne data day of
each mont6 until tba said note is fuQy paid, ~ill psy to the biortgagee as tt~stee (uader the tesa~s ot t6is
truet as hereinatter a4ted) fhe [ollow~og aums:
(s) A sum equal to the ge+ouad r~ts, J anY, n~~t~ due. plus the pnmiums that rrill ne~! beoome due ~nd
pay able on policies ot fire and other hasar~d iasuraaoe oovenng the mor pro~perty, plus ts=es
and asseasmeats next doe on tbe aartgagedpro
Pe~rtY (aU as eatimat~ed~t6e tiiortg~gee md oi
whicb t~ Morl6~got ir aoti6ed) leas alt sums already paid therefor divided ~J the number of mout6s
to elaps~ befaro one mo~tA prioe to tbe date Mrl~en sach_ ground nats„ pnm~ns, ta:es; and aseM• ,
mena w;ll beoome delinquent, wc4 wms to be be~d b~ Mort~ee in tsuse b p~~ said ~e+ound reuts,
W'emiums, tases~ aad ap~ecisl as~essmeat~.
(b) 'I`6ea~e~s te ot tLe a~noun4:Wyable pursuant to subparsgraph ~a) and eho~e payabk on tLe note °
secured ~enby, s6~11 be paid m a~agle payment each month, to ba applied to the foUo~+u~g items
in tbe ordec stated:
(I) ~onsd resta, f~ses, asse~e~neats,lire„ ~ad otLee hasard imursace premi~ms;
(A) interest os tbe no~e ~eenred hereb~; aod .
(III) amortisatiun ot ths principal oi said note.
Aay deficieacy in tl~e anwvat oi auch a~ate montblr p~jmeati s~all unle~s m~de Bood by tLe Mortg~ag+or
priot to t~e due data ot the neut, such p~~rrneat consiitute an e~ent o~ defaWt uader this mortg~e. At
Mo~gee 's option. Moetg~g~c will pay ~'4te c~sr~e~• not e:oeedin~ [our per c~ntum (4°Iro)~ of aa~ mstaD- ;
ment wben pud more thaa $tteen (15) d~ys dter t6e due date the~ot eo oover the e:Lra expenss in~olved ;
in 6sndii de
L'nqueaip~
ymen~s, but sucb "lste ct~e " sbsll not be ~sble oat ot tbe peoceeds ot an~ sale
mide to s~atidy !6e i~ebtedness secwed Le[~eb3r, uni~s wa6 ~oees~ars suffrcien~ to di~charge i6e eat.ir+e
iridebtedwr and sll propee cos4 ~nd ezpeo~ea ~ecut+sd hsreb).
3. Ii the tot~l of the p~~yments made bp t~6e Mortg~gor under of par:gnp6 2 preoediag aha11 e~cceed the i
unount of p~ymenta actually made by the Mortgsg~ee~ as trwtee for ground nnb~ tues and sesesaments. u~d
insunnca pr~n~ums, as the case may be~ sucb e~ee~es ~hall be ce+edited on subsequent paymenta to be made
by the 11to~tga~or tor such items or~ at ytortg~gee's option~ as tn~stee ahall be retunded to yiort~sg~or. Ii,
v
however, snch monthl~ paymenta ahall not be sufReient ~o pay auch items ~vhen the eame shaU ipe dp ,
and p~yable, then the
Mort{~a~or shaU p~p t~i~ ~io as lrustee any unount neoe~ry c
`~~t~~z~0
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