HomeMy WebLinkAbout1475 f~ lio~ne~. logetkor wilh t~' bn~me~b. herocjftamf~b and oppurtt-
naneq I~fo belonging. and t~ renb. iuues uru~ pro~ib lharo% unto th~ neoMAageo. tn f
et timp~.
lles mortgaQor covenonb wlt1~ f/~e mortgapee thot l1~e mortgpgor 1a indefea,t6ly astzed o/ aaid
land i~ /N dmple; t6a! tl~e, n~ortgagor has good ri9ht nnd lawjul authority to conwy anid bnd ai njore-
:atd: tl~at the mortgagor wiU make sucl~ jurther nssura?ces to per(ect the /ee aimpl~ tltle to said land in the
' ~ee~ee ~~r ~eosonably be .~yu~.~d: thae ehe mo.e9ago. tie~6y /ully wa~ne, eke etde eo :atd [a.~d
and wil! d%nd t~ie "swae ugainst the lawjul claima o~ all pe?sona whomsoever; nnd tl~at said Inrtcl is jree
and cleor oj att encumbrances
~~r~~ ~W~s~ tha~ ij said martgagor shal[ paq un~o snid mortgagee ehe certain prornis-
sory note l~ereina~ter subsfanlial~y copied or idenfi(ied, fo-wit:
5 12,0~0.00 Fort Pierce. Flarida, Jxt2. 11.~~ 1969 ,
:
For value reteived, 1, we or either of us, promise to pay, without defalcation, to ihe order of
~rs ~~:vati nal 3~n'~c of at its Sankin~ House in Fo~t ~
r o~-~iGrc
~ Pierce, fiorida, the sum of Tk'e lve -trousand and no/100 pp~~,qRs
with interest from date at the rate of ~~_96 pe~ annum, in At~nual instalments as follows,
S 2,u0C.00on the ~-~h day of Januar~ , ~q__~Q and a like sum
on the corresponding day of each like succeeding period thereafter until the whole be fully paid
Eath-i~ata{mtnt frst--slvll bs ~ppGed-in p~yment of th~ inter~st and then on th~-vrpaid oal~nc~-of-tlN ptincip~l_suin. If d~f~ult is m~d~
in tS+~ paymr~t of any instaimeat wYxn dw. then at th~ oArion of the hold~r, and witho~,-t ~nY other nutica, all tfM re+naininy instslmmp sh~N '
be dw and paYabS~ +t or.u. P~ivileg~ is 9iven topa
y hvu a mor~ instalman4 at any instaLnent m~twity d~te. but this sA~ll not ext~nd tlr tim~
of ma~wify of anY subseGwnt inst~lmant. N~itlwr fabesranct, iwr aoaptar~ bY tM hold~r herwf ~f~u
b~ deemed ezteeuion. a~Y d~fwit in sny paym~nt Iw~w~, sA~ll
Each m~ker. ~ure~y i~d endorau hsreof, iointly snd twer~lly, w~iv~s dan~nd, pes~ntm~nt. protest and notia of proteit for nonpaym~nt,
and fur;:xr aqre~s ro any e:tension of tim~ of p~ym~nt, ~ither b~for~ or after manxity, without notica ro u~y of us: and ro psy all cmts of
co:'ection, including a ~~swnsbl~ attoreKy'a fw in the event of anY d~fault hu~w~da, and Mreby s~wraly w~ires all be~fir of horne:tead and
~aempr~on w~der the mnsrltution and 4ws of ~ach Stata of dw lJtited Staps, u+vainst this oblipation or any uf~ntion or ren~wsl Mnof.
w''""' "'d :'°f FOR^1 PI~RCE SH il~~r, CLLB
Ir..;,e re s t aya~le ~usrte rly " 0~ PANY ~SEq~~
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