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HomeMy WebLinkAbout1708 1 - ~o ~ue and to ~iold lf~e same, logethe~ with Ihe lenen?e~ita, hereditamenti and appuNe- nn?ues therelo 6elo?iging, und fhe ?ents, issues ant~ pro~ifs Ihereol, unlo the mortgagee, tn fee atmple. Iln~ fhe morfgagor covenanls witti ff~e morlgagee ttiat fhe morfgagor ts inc~e~easi6~y setzed of satt~ ~ ~ land in fee simple; thal the morlgagor has good right and lau~ful nuthority to con~ey ~otd land ua a~ore- saic~; that Ihe mortflagor u~i~~ make suc~ ~urttier assumnces fo pe~(ect ttie jee simple title to satd land in t~e mortfln9ee as may reasonably be required: thnt the mor!qaeor here6y /ully wnrrants tht title to satd la~d and will dejend Ihe same against the lawJul claims of nl~ persons whomsoeuer: and thnt said land ia )ree ~ and clear of all encum6rances i . ~~V~~ ways, Ihat i~ said mortgagor shall pay unto said mortgagee the certain pwmis- sory note hereina(ter su6stantia~~y copiec~ or ic~enti~iec~, to-u~it: x 5~+5.87+++ ~ Fort Pieroe, Florida, OCtOb@1' 15, ~ 19 65. ~ ~ Fw value received, 1, we, or either of us, promise to pay without defalcation, to ihe order of NARRIS ~ 545.87 ~ CONSTRUCTION CORPORATION, at iheir office in Fort Pierce, Florida, the sum of S with ~ interest from date at the rate of % per annum, in monthty instaNments as follows: ~ f 0.00 0~ ~ 15th day of 1965 ~ and a like sum on the oorresponding day af each like sutceeding month thereafter for a pefiod of ~ months, at which time the entire unpaid balanoe , beo~mes due and payable ~ dg~and. A late payment charge of ~ • UV , shali be added to each payment remaining unpaid 7 days after its due date. I - f Each instailment first shall be app{ied in the payment of the interest and then on the unpeid balance of ~ ( the principal sum. If dafauit is made in the payment of any installment when due, then at the option of the holder, ~ and without any other notice, all the remai~ing instaliments shalE be due and payable at once. Privilege is given ~ to pay two or more installments at any installment maturiy date, but this shall not extend the time of maturity of ~ any subsequent installment. Neither forbearance, nar aaeptance by the holder hereof after any default in any ~ paymeM hereon, shall be deerned extenaion. ~ Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment, protest and : ~ notice of protest for non-payment, and fu~ther agrees to any e~ctension of time of payment, either before or after ~ maturi without notice to an of us; and to aN oosts of collection, includi a reasonable attor ~ tY• Y PaY ~9 ney's fee in tF~e event of any default hereunder, and hereby severaliy waives all benefit of homestead and exemption under the Constitutwn and laws of each State of the United States, as against this obligation or any extension or renewal hereof. WITNESS THE HAND AND SEAL OF EACH PARTY: ~ /s/ Ma='y Louise Roberts ~Seal) ~ r _ (Sea~) ~ ~ (Seal) ~ ~ ~ ~ (Seal) ~ - s ~ f ~ 8oox 171 PAGE 1706 " ~~~€~~M'-°~x<,..__>:..~t.~ . _ - ~~,~~ys--~~"