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Home My WebLink About1554 To Hev~ sr~ ~ro Hot~ the s~ae. to~e+ther wifh,~ and sir~g+~K-tj?e tenen~mts. he~editaments ~nd ~ppur- ten~nccs thereunt~o belonging or in ~nyvr~se ~ppertun~ng~ Rnd the ~eireraion ~nd roveraions, remainder or re- m~inders~ ~nd ~ ~?11 the estato~ right~ t~tle~ tnterest, homeatsad, dower ~u?d right ot dower~ sepu~te catate. poescesion, claim i?nd dem~nd whataoever~ as weU in Iw~v as in equit,y~ oi tho aRid MoM,gagor in and Lo the same and every purt thoreof~ with tha ~ppurtenunces oi the suid Moccgegor in and to the same~ ~nd every part an~ panbl ther~ot unto the suid Mortgag~ee in tee simple. The Mortgag~or hereby oovenRnta wit,h the Mortgsgee, I,h~t he is indefeasjbl eeised ot said land in fee simple or such othes esta~e, ~f any ~s is stated herein; thst, he hua iuU porver and law~ul ri~ht to convop ~the eame as dores~id; tha4 t~e land ia lree ~mm ~U encumbrancos except ~a herein ot,herwise recited, tb~~ said Mortgagor will m~lce such further a~sur~ncea b prove the ~fomaaid title to said l~ad in auid Mort~gee as msy be reason- ~blyrequired~ snd th~t said Mortg~gor does hereby fully warrant the title to asid lund~ snd every p~rt lhereot,- and ~vill detend the same ~gainst the ls~vf ul cl~ims ot aU persons whomsonrer. PR01/IDED.ALweYa that it t6e Mortg~?gor shnll pay unto the Mortgs~ee W?a~ cert,ain promissory note~ oi w~hich the following is a subatantial oopy, to wit; i 11, 000 . 00 Fort Pierce , Fiorid• . November 25.1970 F01t VALUR BECtIYBD~ the unde ' ed romiee s to •y to~tha order of ~ Administrstor of Veterans' Aftairs, eu~ OR'icer oi the United 3tatea oi Ameri and his su in auch otfice, ue auch~ ~nd his or their aeaigris, thq~ri~l ~ of ELEVEN THO~JS~AN~ and nop~- - - - - - - - - - - - D$ .~s (s ~ • .vic6 interest irom d•te at the rats ofei~ht & Ot1e-h81f • per centum per annum on the u~np aid bal~noe until paid. The s~id pnncipal snd iater~t ah~ll be payabla at the oflicg Qf the Losn (iuaranLy Offoer~ Veterans Administr~tion Regional O~c~e~ in St. P@t@r8bttr$ F102'1d8 ~ or st snch ot~er plsoe as t6e er may ~e m writing delivered or m~iled to tbe c~ebtar in monthly installmRnta oi ~ Eighty-ei ~t and ~~v. - - - - - - - - - - - - -.~pllara oommencin on the 2 t day oi December ~ 19 ~nd~ooat au~g on the 25th ~ dsy of e~ch month thereatter until tbis note is tully paid, e:cep t thst, if not sooner . paid, the final payment ot prmcipal uid interest ahall be due and pwy~ble on the 25th d~y oi November ,1995. privilege ia neerved to prepsy at my time~ without premium or fee~ the entire indebtednees or sny part thereof not less thaa the unount of one inatallment, or one hundr~d dollars (i100.00), ~thichever ia le~. Any prepayment msde on other thun an installment due dste aill not be credited until the ne~ct following inatallment due d~te. Iliny deSciency in tbe paym ent of any inatallment under this not~e ia not raade goai prior to the due d~te oi the n~t such_installment. tl?e eatire pru~cipal sum and aa:rued intereat shall st oaoe beoome due ~nd Fsy- sble ~vitbout notice st the option of the holder of this note. Fsilure to ezercise t6is opt~~ian ah~ll not oonst~tute s~vaiver of the right to exercise tbe same in the event of any subaequeat default. In the event of default in the payment oi thia note~ and if the ssme is oollected by an attornay at lsw, the underaigaed hereby agree(s) to p~y all uosfs oi oollection, including a reasonahle attorney's fee. - 1'his note is given for purc6ase money oi real estate and is aecured by mortgaga to eecure debt oi evea date here~vitb, givea and delivered by t~he undersi~ed to p~yee on oertsin real property desGribed tberein. Presentaaent, pmtest, und not.ic~e iu~e hee~sby waived. State documnentary stamps in the ~S E. ROBERTS IBEAL~ amount of $16.50 ~ttached to Miles E. Roberts ' original note and canceled. ~~-~TSY__BABk'~~.~________________________ (es,~~ Patsy Roberts ~ ~ ~BBALJ l ' [BBAL] . ~ And aball duly. Promptly. .nd iully perform, diacharge, ~ecute, effeet, complete,. iad oomply ~?ith aad . { abide by each and every ~t6e atapulstiona, agreements, condiwons, and oovensata of said~ promiseory note and ` of this mortgage, then this mortgage aad the eatate_hereby creatsd ahaU ceaee and be null and void. T6e Mortgagor further ouven~nts as folloara: 1. Thst he vrill psy the indebtedneas, as hereinbefore pmvided. Privilege ~s reaerved to prepay st an~ time, witLout premium or fee, the entire indebtednees or any part thereof not less than the amount of one instaUment, or one hundred dollars (i100:00), whichever is lees. Any p~repsyment made on otLer thaa aa inatallment due dste will not be credited until tLe ne:t following inatallment due dste. • 2. In order more fully to protect theBecurity of thia mortgsge the Mortgsgor~ together with, and in addi- tion to, the monthlp payments under the terma of the note eecure~ herebp, on t~e in~tallment due date day of each month until tbe said note is fully paid, ~vill psy to t6e Mortgagee as truatee ~under the terms of this trust as hereinafter stated) the following sums: (a) A sum equal to the ground rents, if aay, neat~ due~ plus tLe premiums that will nert beoome due and psyabls on policies of fire and other hasard insuraace oovenng the mor~ pro rty, plus t~zes r and aseeesmenta neact due on the mortgageci pmp~eKy (all aa eatimated tha ortgsgee and of ~vhich t~e Mortgagor ia noti6ed) lees all sums already ps~d t6erefor divided the number of months , to elapee before one mont6 prior to the date when such~gro und rents, premiums, ta~cea, aad asseee- mente will become delinquent, euch sums to be held by Mortge~g~ee in tsuat to pay ssid ground reats, ~ premiums, taues, and apecial aeeeesmente. (b) The te oi the amounta psysble pureuant to subpangraph (a) and tho~e payable an the aote eecu~by, shaU be paid in s aing~e psyment eech month, to be wpplied to tbe foUovring iterm in the order atated: (I) 8round renta, tsxes~ seeessments, Sre; and other hasud inaursnce premiums; (II) intereat on tLe note secured hereby; and ~ (III) smort.izat~on of tbe principal of eaid note. ' Any deficiency in the amount of such a~regate montWy payment shall uulees made ~~ood by the Mortgagor ~ prior to the due dstb of the nest such psryment conatitute an event o~ default nnder th~s mortgsge. At ~ Mortgagee's option, Mortgagor wiU pay •'Lte c~arge" not euc~eeding four per centum (4~Jo) of any install- ment wfien psid more thau fift,een (15) dwys after ths due date t6ereof to aover the extn eupense iavolved ~ in handling delinquentps yments, but sucb "Ltechsrgs" shall no~ bsps yable ou6 of the proceeds of itny sale ~ made to satisfy the indebtednesa eecured hereby, unlees such proceeds are eu$'icient to d~scLsrge the sntire indebtednees and sll proper oosts and espenses ~ecured hereb~. 3. If the total of the pa~ymente msde by the Mortgagor under (s) of paragraph 2 preceding ahall exoeed the ~ amount of payments actually made by the Mo~tgagee, as truatee for ground rente, taxes snd aseeesmente, and inaurance premiuma, aa the caee may be, such eaceae ahall be credited on subeequeat payments to be made ~"'1 by t6e Mortqa~or for such items or, at Mortgsgee'a option1 ae t{ustee ahall be refunded to tiiort~aRor. If, 4~ however, such n~onthly paymente ahall not be sufficient to ~ay aueh items when the asme ahall become due c~m and pa~ehle, th~n the Mortgagor ahall pay to the Mortgagee as trustee any smount necesaary to make up ~az"n r~'a~ ~,~s. _~~.r~~2.- .a ~ ~ € ~ - ~ ~°r~r,-~ _ F„ ,:`~a .