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