HomeMy WebLinkAbout1145 To H~~t ~xo ro Ho~ the same, to~~hor with all Rnd singuls~ the t,enements. heredit~meaLs and ~ppur- `
ten~nces thereunta ~clonging o~ in ~nyw~se ~ppert~ining~ und the reveraion end reversiona~ n+main~le~ or re- ~
~nainders, and ~Iso ~ll tha est~?te~ righ6. titla. ~nt~erest~ homestoad~ clowe~ nt?d ~igh~~ o[ dowe~~ aep~?rNte esl~te~ I
• po~~sion, ct~im Rnd dem~ ~rh~taoeve~, ~s well in laa a~ in equit,y, ot t,ho a~?id Mo~tg~gor ia ~nd to the sune ~
and eve~y put th~reot~ r?ith the appu~ter?nncea ot t,he said Mort~g~oc ' t,he same~ i?nd ~very p~~t Rn~ ;
.
p~e~oei the~rot unb tbs wid Mottgy~ee in tee ~imploe • ~r~r 1Q -
Tbe Mort;ag~or horeby oovenu?ta with the Mort~~g~e~ th~t he is e~asiblv ~~d ot aaid I~nd in fee
simpk or euch other est~t~e. ~t ~ny ~s is at~tsd herein; th~t he hes [ull power and l~wtul righ~ to convop ~~he same
~a atorea~id; that ths land is lree ~rom all eneumbr~noos exc~ep~ ns herei~ otherwise recited; tb~t s~id Mortgsg~oe
will make such tuMher ~surances to prove tbs utoros~id tiNe b s~id l~ud in s~id Mort~sgee as msy be re~n-
~bl~req uired~ ~nd th~t s~id Mortgagor does ber~eby tull warraat the ti~le to e+?id lsnd, i?nd every p~ I,he~eoi,
e
aad will datend the sune against the l~wtul claims ot penons ahotn~oever.
PROr1DLD ALw~YS th~t it the Mortg~gor shall p~y unto the MoMg~ee th~t oeet~in promieeory noce~ ot "
which the folbwing is ~ substantial coPY~
=15,000.00 ~ Fort Pierce, Florid..
November 191~ 70
FOR VALUE RECEIVED, the uaderai~ed pmmise(s) to pay to the ader of the Administcator of
Vetecans' Affairs, aa Of6cer of the Uaited States of America aad his successors ia sach office as
sach, imd 6is a Weir assi~?s~ t~e priacipel sum of FI~ end no/l0a-
- ~ - - - - - • • - - - - - - - - - - - - - - DoUars ~5 , 000. 00 ~
wich inierese irom d.`e at the r.te oiei,ght & otie-htlf per centum ( 8 °J9) per annum on the
un aid balance unt~ psid. The said prmci
pal and intemat ah~ll be p~yable at e ot~ ot t,he Losn (iuar~nt
O~ixr, Veterans Administ~ation Regioasl Otfc~, in St. Petersburg, F~orida , or ac suc~
other pl~oe as tbe}~
lder ma d delivered or miWed to the debtor in monthl c~i1m~nts of
One Huwdred ~eni~y a~~~~lOV= - - - - • - - - - 2'~.79
n~o~ the 19th ~ d.y d December ~ i~7V ,~nd~oo~aune~ing on tbe
aa~l~ltti d~~ ot e~eh month tberesit~e; un1i1 this note a tul~Y P~,~c~e
p~ t~u?t, ii not soaner
P~, t6s fia~l ~aymeat ot princip~i and int~erest s6~11 be due wd payable on t~he ly Lii , day ot
~iovember ~ 1995.
Pnv~egs is reserved t~o prep~y s~ any time, Mritbout premiuaa or iee, fhe eatire indebtedneas or any par!
Wenof aut less ihan tbe amount oi one installment or one hundred dollara (i100.00)~ wrhichever is lees. My
prep~yment made on other th~n aa iaat~allment due c~ate aiU not be endited until the ne~ct tollowing installmeat
due date.
Ii any de6ciency in tbspsym
eai of aay inatsUment uader thia nots ia no~ made g~ood prior ~o ttu due da~e
ot tbe ne:t wch installment, the entire principal sum sad ux;rued interest shell at oaoe beoome due and psy-
c p
abis without notiee at tbe opVon ot the holder ot tLis note. Failure to e~cercise this o tion shaU not oonst~tuta
~ wai~er oi tbe right b euercise t~?e aame in the event of any eubequent defaul~. In t,h~e ev~t oi dai~ult in the
W3~~t o~ tbus noRs. and it tbe same ia oollected by ~n attorney a~ l~wr~ the unde~sigaed herebY a6ree(s) Lo
pyr dt oosta of oollectia~, indriding ~ re~sonable ~~torney'a fee. ~
lbis note is gi~en forp~ha~e mone~ of real estate and is ~ecured by nartgage ~o eee~u+e debt ot even
date herdwith, gi~ren ~nd d'elivered b~ f~La undersigaed to p~yee on cert~sia t+eal P~P~7 d~eribed tbereia.
Pie~at~meat, prote~. ~nd noti~s st~e bee~eby wraived.
/8/ CARLT0~1 W. SEAWELL [eeer.]
- _ -
Carlton W. SeaweI~ ~ - -
-~a~_~gy ~g~
1~1F.~._------- [a~~ .
~ l~arq Helen eawell
- [es~al
~ ts~?Ll
' And sluD duly. PrompQy. snd tully perform, dischsrge, e~cecute. ettect~ complete,, aad oomply with and
; abide b~ each aad every ~the suputations, agreements, oondit~ons, and covenanta of eud~pmmissory note and
~ ot tl~ia mortgag+e, thea this mortgage aad ~tbe ea~ate hereby cre~ted shall oesse and be nnll aad void.
; '!be Mortg~gor turther ooveaaats as follovra: ,
I 1. That he ~rill psy the indebtedness, as bereinbefore provided. Privile~e is rese~tved to P~WY st an time,
witbout premium or fee~ the entire indebtedneas or any paM~ thcr~eof aot lees tbaa the amount of oae ms~t,
~ ac one hundred dollars (=100.00), w?6ichever is ler. AnYpreMyau~t m~de ea otLer tLaa an iastalimenti
6 dne date will not be credited unt,il tLe ne~ct tollowing instailmm~ due date.
2. In order more full~ Qo protect thd secterit~ oI t~a mortea~e the Mort~a~or, together with, snd in addi-
tion to, the moathl pa~mentaund the terms of the note secure~ herebp, op t-he installment due date day ot
y m
each moath until the s~id note is paid. wiU psy to the Mortgsgee aa'trustee (under the terms of this
trusi as hereinatter atit~d) _t6e folblving ~4was: ; , ~
rus
(a) A aum equal to the g~und renta, it y, aa~x~~
due, pl~ the premium~ thaE will nest beoome due md
psyable on policies oi Sre aad otber~ hs~rd insurance oovering the mor pro~perty~ plus t~us
and asseesments next due m t~6e mortgaged pro _PertY (ail as estirasted~tbe Mortg~gee and ot
~rhich t~e Mortgagor is notified) leas all suma already paid therefor divided ~l t6e number oi mont6s
to dapse before one m~ttb prior ~o t6a dste wrhen sach ge~ound reata, premmms, tases; ind asse~s-
meata ~ill beoome ddinqu~t. wch sums to be Leid by I~~~rt~ee it~ tswt to p~?y aaid grow?d rents~
pnmiums. ta:a, and apecial .~nenta. .
(b) Thea~ga te oi the ~monnta psy~ble wauant to subparagr~ph and thosa payable on tLe nota
m
~ecured henby~ shaH be paid in a" e psyment each month, to be applied to tbe following iLeems
ia tbe or+d~t atated:
~ ~+ound rent~, taxu, as~essn?enb, Sre~ and otlur hasaed insunaee premiums;
~ (II) inten~t~ oa tLe note ~ecured hereb~; ~nd
(III) aaartization of the principal oi said note. -
My de6~ieqcy in the at~wunt oi sueh ~ggregste r~onthl~ paya~eat shall wile~s m~de 6ood by the Mortgagor
prior W tbe due dat~td ot the neri such pa~ment constitute an eveat o~ detault under t6ia mortg~ge. At
bIortgag~e's aptioa, Mo~t~~or ~rill p~ a'late c~arge•• aot exoeedin6 four per centum (4°Yo) oI any imst~D-
man~ wLen pud nwre tbaa 6iteen (15~days atter the due date tLere~t t~o aover tbs extn eupenss involved
in bandlit~ de uentpa
yments, but such "4?Le c " shal~ noL ~be, p~y~bb out oI t6e proceeds of any sale
insde to s~iiJy~ indebtedness eeeured Let+ebY,
y~s sudt proaeda ars su~ieieno to disch~cge t6e eatire
iadebtedne~s aod sll proper c~ts sad expea~e~ ~ectlted heceb~.
3. If the t,otal ot the psym enta made bt _tha Mortgagor nader (a) ot puagraph 2 preceding shsll euceed the
wwunt ot p~ymenta actuaUy made by the Mortqagee, as tcustee ior gt+nund renta, taaes ~nd aseessmenta~ and
inwra~oe premiums, as the case msy be aur,h ezcers shull be credited on subeequent payments to be made
by the Mor~s~or for such items or at ~iortgagee's option~ ss t~wtee ahsll be relunded to :4iort~sgoc. II~
however, sucli monthl, payrnerita s~sll not be su(ficient :~o psy such itema when the ssme ahall beo~ma due
and psyable~ then the A+iortga~or atull psy to the ~'[ortRagee ss t~ustee any amount n~y,to make up
ao~i~ ~~1~:4Z~ je
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