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HomeMy WebLinkAbout0798~; z • 1~`~ ST, LUCIE COUNTY FLA. 30 ~[aue and to ~lotd the same, together with the tenements, heredifamenls and appurte j nances Iherefo helon{ling, and the n•nls, issues ant! profits thereof, onto the mortgagee, in fee simple. Iii Ilnd the morlgagor cot•euanls with the marigagpe that the mortgagor is indefeasibly st•izPr• of said lnnd in fee simple: Ihat the mortgagor has pool right and lawful authority to convey said land as afore- said: that the morlgagor will mare such further assurances to perfect the fee simple title fo said land in the morhlagee as may reasonably be required: that the morlgagor hereby fully warrants the title to said land and will clefend the same against the lau,(ul claims of all persons whomsoever; and that said land is free ,1! and clear of all encumbrnnces i ~rouided always, that i f said morlgagor shall pay onto said marlgayee the certain promis .arV nal-• herv•ina(ter su{estantially cupiecl or identified. to u•it: ~ ~ Fort Pierce, Florida January 18, i9si 510,000.00 For •alue received, the undtsrsiQ,ned proaisss to pay to the order of ALFRED ARrOtiSOp ~d At1l1A A,ROIi80i1, hie wife, the principal sum of SF11 T1i0LISA1ID ANU 110/100 (S1Q,000.00) DOT1J-R.S. with interest after lots at the rats of Six per cent f 67~.) per ~'-'~ '~'~ the vapaid balaaos until pair _ ?bit F ~~ ~~~ . cipal sad interest shall bs peyab`Ls at Sf• tt.ci~ c.~w~+iT/ •~"~~, - or at such other place as tole holder may dsaiptate in vritit>~, ,aid principal to be laid at the dots and in the aaonar lollowinss Repayable in monthly inatalLesnta of 5100.00 per month, ineludins interest at the rate of 6'~ per aunts on the unpaid balance, ctaerenci~ soen bnt e~after the data hereof, and 5100.00 oa the sass day of each sad s~ss'7- until fully paid. Pa~s,enta to apply first to late i~Q hea to principal. Privilege of prepay^ient tritbottt prnalty is hereby ~ If default b! made in any inatallmeat gndsr this note sad i! any attch de- f cult is not ^ade food trithin 30 Jaya of the dabs of said dr:taolt, ~leewit oat principal sus sad accrued intsrest shall at once g~i1e~ to stosp~as this op- notice at the option of the holder of tbia not~.to exercise the aas~e in the tion shall not eonatitate a srdver of the rich nt of event of aa,- subsequent default. In the tttnrant of default in the payee ~Lf_ ~ ~ if rtia Base is collected by an attorney at lat+ ths`undsr`ijnsd~~ l Laatts aavN --- ~ ~ t ~.•1 ~~ i~nl tff~lllg a !'aaJiOAdDls s~btJa t~as~ v ,~ rzrabyrderses to pay aii cv.tn v~ :.~~~~...~. - - _ .. fee. Preyentsent and protest and notice are hereby waived. Documentary stamps affixed to original and cancelled out.