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Home My WebLink About0357 ' ' . ~ . ~ T(1 ~IAYS ANO TO HOLD ~Il~ BATi1@; CO~N~~lBC Wi~ti A~I Rl'~tll 81JTQ'lf~R[' ~}I8 ~A9lriflltl~~ harodttamonte end ap'pur- ~ tenanoea th~reunto belonging er in i?ny~rnse spnertaining, And tha revaraion and reversions, remainder or re- zn~indere, and nlso ali the e~atate, right~ titlo~ ~ntereat, ham~stead, dower snd ri ght of doever~ sopsrata estete, ; po~sesaion, claim and demand whateoever~ ss well in la~v as in aquity, ot tho sAid Mort~a~ar ia and to t.he sarne . ~i and every pwrt thereof~ ~ith the appurtennncee ot .t.tia ~aid Mortgagor in and io the aame~ snd every part anc~ parcel tl?ereo! unto the daid Mort{;agee in fee eimplo. ~ Tha Mortgagor heroby covenants with t~ho Mortgagee, ~hnt, he ia indefeasibl~ seizod of said land in fee j eimple ar auch atlier estate~ ~f any as is atatc~d l~eroin; that he h~s full power and lawfl?I righf, to convo~r the satne : as aforeaaid; that, tha land is free ~rom all encumbranees except es herein otherwise recitetl; that said hKortgagor ~ will mske such further assurances to prave tho aforc;said titlo to said li?nd in snid Mortgegce as mAy be roason- ~ ably rey uired, and thet said Mortgagor does hereby fully werrant the title to s~id 1Rnd, and avory part thereof~ : and wili detend ihe same againat .the lawiul claima of sll persons whomsoever, ~ Peovtu~D ALw~Y$ that if tho Mortgagor ehRll pay unto the MortgRgee that cortain promissory note~ oi ' which the tollowing is a aubstantisl copy, to wit: ~'Y s 9,10~.00 ~ort Pierce , Florida. ~ November 19 ~ 19 64 • i FOR VALUF R£CEIVED~ the undetei~ned promise(a) to pa,y to the order of ` the ~ Adminietrntar of Yeterans' Aft'aire~ an~Of~icer oi the ; Un}t~ed Statee of Americs, and hie succeesors in auch office rie such, an~l hia or their essigna, the ptincipnl sum of ; Nine Thousand 4ne Hundred antl No/10~--~----------- Dollara (S 9,100.00 with interest from date at the rate of f iVe & oY1e-fourth per centum ( 5~ °Jo) per annum on the . u~n~peud balance until paid, The said principal ar?d intc+rest ahnll be payable at the o co of the Loan Quaranty ; O~'icer~ Veterene Admimatration Regionnl Oftce, in St. PeterBburg, Florida , or at such other place aa the hoIder may deaibmate in writing delivered or mailed to the debtor in monthly inatallments ot ~ Fit.ty-four and 54/100-----------------~__------.---- ~ollara (a commencing on the first day of January , 19 65, and con~inu~ing on the first dsy oi each month Ehereaiter until th~a note is iully paid, except Lhat, if not sooner ' ' paid, the finsl payment oi principal end intereat shall be due and gaynble on the firsC day of December , 1S Sy . Pririlege is resecved to prep~y at any time, wi4hout ~premium nr fee, the entire iindebt~dne~a or sny part thereof not lsas than the amount of one inatallment, or one hundred dollara (51~.00), whichever ia l~a. Any prepayment msde on other thAn an installment due date will noL be credited until the next following installment dne date. If eny deSciency in tha paym ent of any inatallment under thia note ia not made gooci prior to the due date of the next auch iastallment, the entire principal sum and sccrued intereet ahall st once become due end pay- sbte without notice at the option of the hotder of thia note. Fsilure to exercise thia option ahsll not constitute a wsiver of the right to exerciae the same in the event oi any subsequent default. In the event of default in the payment of thia note, and i~ the same ia collected by an attomey at lew~ the undereigned hereby agree(s) to ' pay all costa of collection, including a ree~soneble attomey's fee. ' This note ia given for purchase monay of real estate and is secured by mortgage to aecure debt of evan ~ dete herervith, given and delivered by the undersigned to payea on cortain real property descnbed therein. - Presentment, protest, and not.ice are hereby waived. i ($13.65 State document~ry stamps : ~ attached to original note and cancel~__ls/. RO~ERT _ BA~2H~~_________________ (aE~Lj ; ~ led.j Robert Barber + = ; ---.._~$1.._ p~~X .~t~~x~_.~~A-------- IB~A,~j ' Peggy Ellen Barber ; ~BEAL~ I a [~zALJ ~ ' And ehall dul rom tl y, p p y, aAd fuAy perform, diecharge, execute, e~fect, complete, and coznply with aatd ; abide by each and every ~the stipulations, agreements, conditians, snd cavena~?ts ot asid~ promis~ory note snd oi this mortgsge, then thie mortgage end the eatate hereby created ehall ceaae and be null and void. . The Mortgagror iurther covensnte s~ followg: _ ~ . 1. Thst he will p~y the indebtedneae, sa hereinbefore provided. Privilege ie reserved to prepaq st sn Lime, ~ ~vithout premium or fee~ the entare indebtedness or sny part thereof not leas thsn the amount of one inat~ment, _ ~ or one hundred dollara (~100.00), vyrhichever ia less. Any prepayment made on other ttian an installment ; due date will not be credited until the next following inatallment dus date. ; 2. In order more fullp to protect the security of thia mortgage the MoPt,gagor, together with, and in addi- tion to, the monthly paymenta under the ternis of the note securec~ hereby, on the znatallment due date day of ; each month until the aaid note ie tully paid, will pay to the Mortgagee as truatee (under the terms of thia { trust ~e hereinafter etat~ed) the following euma: 6 (A) A eum equal to the ground rents, if any, next due, plus the premiums t,hat will neac~ become due e?nd { payable on policiea of fira and ather hazard inaurenca cov ring the mort,~aged praperty, plua taAe~ and assesaments next due on the mortgaged properLy (all~s eatimated~by the MorLgagee and of ' which the Mortgagor ie notified) less all aums already paad th~refor divided b the number of raontha ; to elapse before one month prior to the date Rhen auch~ ground rente, pre~ums, taxes, and sssesa- j menta will become delinquent, auch auma to be held by Mortgagee in truat to pay said ground rents, ~ premiums, taxes, and sp~ciel assessment8. ~ (b) The aggregate of the amaunts payable pureusnt to subparagraph (s) snd those payabla on the not,e . secured hereby, shall be psid in a single payment each month, to b~ applied to the following itema • in the order atated: . . , : ~ ~ (t) ground rents, ta~ces, ae~esements, fire, and other hszard insurance premiums; (II) interest on the note secured hereby; and (IIT) smortizatioa of the principal of ssid note. Any deficiency in the a?mount of such aggregste monthly payment shall unless made good by the Mart.gsgor ~ pr~iar to the due daW af the noxt eueh paryment conatitute an event o~ detault undar thia mortg~ge. At Martgagee's option, Mor~go r~riU pay a`late c~arge" not exceeding four per centum (4~J'o) of wy install- 1, naenti wfiea px~d more thiw $tteen (IS) days after the due dnts thereof to cover the exf.n expense invalved ; in hsndling delinquent paymenta, but such "tate charge" ahall not ba p_ ayable out of the proceede of sny ssle i made to satiafy the indebtedness eecured hereby, unleas such praceede ue su~ci~at tu dischuge the entire . ; indebteduess and all proper coete ~ud axpenaes secured horeby. ' 3. If the toG?1 of Lhe pa~~m ents made by the Mortgagor under (a) oi paragraph 2 preceding ehall ~eceed the ~ arnou:~t of payments actu~tly made by the Mor~gagee, e?e trustee ior groupd rents, taxee e~nd aeseesments, euid ~ insurance gremiuma, se the case may be, such excese eha?it be credited oa subsequent psymente to be made ~ by the Mortgagor for auch items or at Mortgaggee's option, aa truatee ahall be refunded to Mort~agor. If, , however, suck monthly~ paymenta s~aU not be aufficisnt to pay such itams when the esme ahsU beoome due and payable, then the Mortgagor e,hall p~y to the Martgagee ~s t~ustee any ~mount neceesary to mske up . ' B~Ric 1Cc~ i~Gf J5~ :