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HomeMy WebLinkAbout0588 . . - ~ 7~ 71j1Y~ ~ l0 ~w~ !he aam~ ~ogefher wlth fke tenemenb. hereaitamenb an~ appurfe- . nances t~ereto ~~onging, an~ Ihe renlt, issues ancl proltls f~ereoj. unfo t~e morfgagee. in lee atmp~e. ~ flep mortgago~ couenants wilh the mortgaeee Iha! fhe morlgagor is indejeasi6lp setze~ o~ satd ~anc~ in ~ee almp~e: ltiat fhe morfgagor ~as goa~ rig~t and ~aw~u~ authorify to con~ey :atd lnnd aa aloro- said: that 11~e morlgagor will maks such jwther assurancea to per/ect the f ee aimp~e title to micl Iancl tn Ihs mortga9ee as may reasona6ly 6e required; that fhe mortgagor hereby /ully wanunb t6e tttls.,to satd land I and wlll dejend the same agairest the lau~/ul claims oj all persons whomsoe~er; and that~iatd land is jree and clcKU o/ all encumbmnces except : ~ • 1. Taxea for the ysar 1967 due and psyab~e t~oveabsr 1, 1967 and all taxes, levies aad assessmeats levied or a~sesaad aubaequ~nt to ths date-h~reof. ~ ~ _ ~ 2. Unrecorded easamants for draiasge, righta of vay or utilities; aod such atate of facts as vould be disclosad by an accurate survey and iaspection of the premiass. 3. Poasibl~ uafiled liens of inechanica, laborers, material men and ~ othera tiy atatute eatitled to liea or claim of lien for unpaid clusges for services or contract rendered or made prior to the date of this instrument . ~ 4. Applicable soning ordinances and regulationa. ~ ~ ! , _ . " ~ ~V~ ~ys~ ~ fhat i~ satd mortgagor sl~all pay unto snid mortgngee tke certatn promb- ( sory note he?eFna~ter substantia~ly rnpiec~ or ideniifQea, to-wit: ( ~ $15,500.00 Hudaoa, Ohio, August 1, 1967 ~ i For value received; I, ve or aittier of us, promise to pay, vitbout defalcatioa, ~ ' to the order of Fred A. and Fanuie L. Watts, at St. Lucie Couaty Bank in ~ Fort Pierce, Florids, the sum of Fifteen Thoussnd ~frra Aundred Dollars vith ~ ; interest frov date at the rate of 6x per umum, in several inatalments as E I follovs, at least $1,200 per year on tl~e lst day of August, 1967 and a like ~ ! sus ori the corresponding day of each like succeeding period thereafter until ~ the vhole be fully paid I ~ Bath fnstalment first aha21 be app2ied ia paya~ent o€ the intese~t and 4 then on the unpaid balance of the principal sum. If defaul~ is ~oade in th~e ~ payment of a~ instalment When due, thea at tha optiun of the holder, snd i ~ithout any other notice, all the remaining instalments ahall be due aad j ; ! paqable at once. Privilege is given to pay two or more instalments at ~ i ! any inatalment maturity date, but this ahall not extend the time 4 ` ~ of maturity of any subsequent instalment. Neither forbearaace, nor acceptance ~ by the holder hereof after any default in any payoent hereon, ahall be ~ deemed extension. I Bach make~c, surety and sndor~er hereof, jointly and severally, waives demand, presentment, protest and aotice of protest for nonpaymQat, and I furtt~r agrees to any extension of time of paymeat, either before or after ' maturity, Without notice to anq of us; and to pay all costs of f collection, including a reasonable attorney'a fee in the event of anq default i hereunder, aad hereby aeverally vaives all benefit of homestead and ~ exemption under the constitution and laws of each State of the United Statea, as against.the obligation or any extension or rene~ral hereof. Witness the hand aad seal of each party. ~ /S/ Jane Lormor Barr . r' . . ~ ~ ~ ~ ~ - . , !:s - x'+~.•"''`5 j