HomeMy WebLinkAbout0552 ~0 ~t i{11{~ W~~ Ike same, together with t~e fenemtnti, h~?rdifom~ntt and appurte-
nances fhereto be~onging, ana Ihe ?enfs. issues and pro~tfr tl~areoj. w?to Itis morlgagN, in ~ee stmpG.
~!1?e n~ortgagor couenants wltl~ !he mortgagee tf~a! !/~e mortgagor b indo(~,i6ly seized oj said
lond tn Jee simple: t1~at the moHgaeor haa good right and lawjul outhority to conns~r ,ntd la.~d a~ a/or~-
said; thnt t~e mortgago~ wtll make such /urthe~ assuronc~ea to p~~ect !he lee stn?plt tiilt lo snttl Tand in tT~t
mort9a9ee as moy reasona6lr 6e roquired: t6at th~ mortgagor h~reby (uUy wa~ranb tke title to satd land
anci will dejend tf~e same agnirut the lnwjul cbInu o~ all peraons u~honuoever: and tkat said Iand is /n~
and clear of all encumbrnnces
~~s~ fhat i~ sa~d mortgngo~ sknU pny unlo snid nwrtgagee the certain promis-
sory nofe hereina~ter su6slnnlially copied or ic~enti~ied, lo-wit:
$3,850.00 Ft. Pierce, Florida ~
December 31, 1967 ~
3 For value received, we pro~ise to pay, without
~ defalcation to the order of GLBNN A. NEwMAN and MAODB B.
NI~t~1MAN, at the First National Bank of Fort Pierce, the sun
of THREE T~iOUSAND EIGHT HUNDRED FIFTY AND NO/100 ($3,850.00)
DOLLARS, toqether with interest fraa date at the rate of
6~ per annum on the unpaid balaince, payable in quarterly
installments as followa,to-vit:
~ $120.00 pa~+ble quarterly each year
~ beqinninq on the 15th day of April, ~
I A.D. 2968, aad $120.00 payable each t
~ quarter thereattar until paid in full. y
If any unpaid balance reu~faa it ehall
be pafd in full fifteen (15) years ~
fram dats o! this note and the ~ortgaqe ;
it secures. i
$ach inetallment first shall be applied in payment of the
intereat, and then on the unpaid balance of the ptincipal
sum. If default is made on the paymeat of any inetallment
`hen due, then at the option of ths holders, and without any
other notice, all the ramaininq installments shall be dne and
payable at oace. Forbearanca ahall not be deemed eztension,
Privfleqe is qivea to pay this note in whole or in part at
any time wittiout penalty.
Each maker, surety and endorser hereof, jointly and
saverally waive• dema~nd, presentment, protest and notice of =
proteat for nonpay~ent and lurth~r aqrees to any ~steasion of ~
~ time of payment either before or alter maturity, Mithont notice ~
~ to any of usj and to pay all costs o~ collectiou, inclndinq ~
~ a reasoaable attorney•s fee in the avent of ~?ny default ~
~
hereunder. ~
~ Witneas a~y hand and seal ot each ^party. ,
~ • . ~
~ ~ / ~ ~ ~ce~ S~ ~ ( SF•li1L) :
~ ~ 5, f am E. ToirASen ~
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