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HomeMy WebLinkAbout1255 ~o ~ue and to ~iold the same, toflet~e~ wifh the tenemenl:, herecritamenfs and nppurte- nances 1~iereto be~onflin~, an~ fhe rents, issues a~c~ pro~its the?eoJ. unto the mortgagee, in ~ee simpje. f~ie morlgagor cot~enanls wltl~ the morfgagee that !{~e mo~tgagor is indeleasi6ly seizec~ of said ' land in f ee simple: that the mortgagor has good right and lawf ul authority to convey said lnnd as a~ore- ~ said: that the mortflagor u~ill make such f urther assurancea to pe?ject the Jee atmple title to satd land in tl~e moMgagee as may reasonably be requi?ecl; that the mortgugor here6y jully wa?rants the tille !o sa~d I~nd and u~ill defend the same against the law~ul c[aims o~ oll persons whomscever: aad that said land is )ree • and clear oj all encum6mnces i I ~ ~ . ; ; ~rouided ~lways, that if saic~ mortgagor s~a~~ pay unto snic~ mortgagee the certain promis- ~ sory note hereina(ter subsfnntia~ly copied or identi~ied, to-wit: - - - - - - - - - - 1 ~ INSTALLbiENT NOTE ~ V January 31, 67 ~ 2~~•~ Fort Pierce, Florida, , 19 For value received we ointly and severally, as principal promise to pay without defalcation to the order of '~'=A DRINCWA~~R at 1645 Ps?lisade Av~nuQ, F'ort Lve, Now Jarsey or aa otherM?f~~ diroctad in •-TWO THOVSAND THRES titlrIDRED AND l~/lOOths-----•---------- ' the sum of : DOLLARS, with interest from date at the rate of 7% per ann um, in monthly installments, payable as follows, to- wit• --~g~-~~ •66/100--DOLLARS, on the lst day of MazCh 19 67 and ~~~Y &•66/100-~DOLLARS, on the l~ day of each succeeding month there- after until the whole sum named is fully paid. - ; Eac6 installment first shall be applied in payment of the interest and then on the unpaid balance of the principal sum. If defanlt ~ .s made in the payment of any installment when due, then. at We option oE the payee all the remaining installments shall become ~ due and payable at once. Privilege is given to pay two or more ins~allments at any time. ~ S6ould it become necessary to collect tlus note through an att~rney, either of as, whether maker. surety or indorser on this note. hereby agrees to pay sA costs of collection, including a reasonable attorney's fee. ~ T6e makers, surities and iadorsers hereof severally waive presentment, prntest and notice of protest for non-payment of this ~ note and a~ee that the time of its maturity may be extended ~efore or after maturity and do further severally agree to any re- newal thereof befa~re or after maturity. wiWout notice of ihem. ~~3.45 g~te documentary ~S~ June L. Gelineau _(gEAL) stamps attached to original _ (SEAL) n~te and cancelled) - (SEAL) •S ~ (SEAL s ~ ~ ~I ~ ' ~ ~ I BOOK164 P~E~.254 - - - - - - - _ - - ~ w - ~ ~ - ~ +X