HomeMy WebLinkAbout1559 N , ,r ; ~ . . ' . .
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~ 30 ~ue and to ~iotd t~e same, fogef~e~ wtf~ the tenemenft, he?~Ifamenfs and appwte-
nances f~nreto bplo~~~t~~fl, an~ I~e renfs. issues anc~ pro(ils t~ereof, unfo f~e mortgagee, iR fee simple.
~ fhe mortgugor co~?enants wtlJ~ tl~e mo~lgugee fhat f~e mortgagor ts tnd%wtbl~ setzed o/ aald
~nnc~ in (ee s(mp~e: t~af t~e morlgagor has gow~ rtght ancl ~aw~ul authortfy to convey said land os a~oro-
saicl; Ihat f~e mo?t~agor u?tl~ make such /urther asswances fo perject the fee simp~e fille to aatd bnd in the
mwt$agee as may reasonably be requtr+ed: thaf the mortgaeor kere6y f uUy wa~rants tke title to aatd land
and u~il! d%nd t1~e same aeairut the law~ul clainu o/ nll persons whomsoeuer; and tl~nt aaid land b/ree
and clear oj all encam6t+nnces
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f ~V~~ TiiW~s~ i~at ij snid mortgagor shall pay unto said moNgagee the certain pnomt=-
sory note hereina(ter subs~~~~Q[[y rnpied o~ iclenfi~iec~, fo-wit:
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~25, 950.00 Fort Pierce, l~lorida, October Z, 1967
For Value Rec~ived, the-undsra3qaed, jointly and sev~rally, ~
hereby prc~ise !,o pay to the ordes o! ttILLZAli O. N~?GObiaR, JR., and ~
81~RA8 D. ~t~00~tER, bis wife, at Fort Pieree, St. Luci~ Coa~n~y,
l~loride, or at such othsr place as the holdsr hersof may lroa time
to tim~ in vritinq d~~ignat~, the prineipal sv~a of ~+enty-live
, -T'housand Hine Huadred Fifty and 00/100 Dollara (;25, 9SO.OOj ~
together with iAtsr~~t upon the amounta ther~ reaaining unpaid ~
from tim~s to time at the sat~ of six pitrceat (6%) per annum. Said ~
principal ~um and interest ~haii be payeble as follv~+s: Begin~aing '
Novemb~r l, 1967, ths su~a of One Hwndrad Dollara (;lOOy to be t
appliad to tha prineipal plus intorest ou th~ unpaid bslance aad
~ a like sum o~ the firat day of eacb month therealter plus intesest
on th~ re~aaini.ng balanef until the antire principal sum ~hall be
` paid. Privilaqe i• giveA to pay two ~Z) or Ao?re install~aeat.a at '
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any install~nt maturity dete, but this shall not extend tt~~ time ~
of maturity of any aubsaqueat peymenL. Privilege is qiven to ~
pre-pay ths entire re~aeininq balanc• at any time without p~nalty.
Zf any paym~At is not made within thirty (3"0~ daye after it
i is du~, the entire unpaid principal end all intereat thea aacrued ~
~ thereon shall beco~e due at t2ie optioo of tl~~ hoider of this note.
~ and ~ailure to exereise that option shsll not ~rafv~ ths right to
exeseise it in event ot a subeequeat d~fault. In ~vent of default
in payment, the undsrsiqnecl will pay all cost of collection, including ,
! a reasonable attonzey' s fee. Prot•at is ~+s ivad.
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~ This note is secured by a purehase monay mostqaq~ of aven date i
harewfth on certaiu real property in St. Lucie County, Florida. r
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~ ~illism Bestb Clutter
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a~K168 P~~1556 ~
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