HomeMy WebLinkAbout1799 f?
~o ~laue and to ~iold I~~e sa~ue. l~~~the~ with l{?e te?ien?ents, herec~ifumenls ani~ app«?te
~f n~nces 1{i~refo ~,e~o~~ging. an~~ Ih~ rnnls. issues anc~ pro~ifs t~?e~eoj. unto t~~e mo?tgagee, in (ee simp~e.
~I ~nd t~iP morf~~ngor co~~ennnls u~if~~ l~~e morfgaflre f~~at 1{~e mortgagor is indefeasi6ly seizecj o~ said
I~ ~~nc1 in Jee sirnple: fhat the ntorf~aflo~ has gooc~ ri~h! q/t<I IAU~f u~ authority to coni~ey sn~d la~~d as a/ore-
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saic~: 1~~a1 f~~e mort~~ac~ur u~i~~ ma~e suc~ ~tirther assurances fo per~PCt ttie (ee simp~e tit~e fo saic~ ~antl in t e
~f~ morf~~af~ee ~s may reasona6ly 6e ?equired; ttiat fhe mo?tgagor hereby )ully u~arranls Ihe fitle to said land
1~ anci u~ill defend tl~e sarne aflainst Il~e law~ul claims o~ all persans whomsoever: and tl~at said ~and is ~ree
and c~ear oj n~~ encumbrances
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~rou~ded ~ltways~ tha! i~ sai~ morfgagor sha~~ pay unto sai~ mortgagee the certain promis-
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~I sory note IIPIPIIIAjI~r cuf~stmitia~~y copie~ or i~~enfi`iec~. to-wif: _ ~
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s 4~ 224• 00 Fort Pierae, Fforida ~cember 11, ~ 9b9
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for va{ue received, 1, we or either of us, promise to pay without defalwtion, to the order of
R. E. Slay, Sr. and Marguerite I. Slay, his wife
at 2930 SunYise Blvd., Ft. Pierce, Fiorida
the sum of FOUR THO~AND TWO HUNDRSD TWBNTY FOZJR AND NO/100-------------- ppLlARS
with interest from date at the rate of eight % per annum, in tfie manner following:
i installments shall be on Janua~r.y 5~~ 1970 - , a~
~ a like sum on the corresponding day of each like sueceeding ~nth thereaher until the
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whole sum shall be fully paid with interest at % on the unpaid sums from time to time owing.
~ (Granting to the promisor the right of prepayment without penatsy.) 2'~~_% interest charge-
; able on all sums in default.
~ Each installment first shall be applied in payment of the interest and then on the u~paid balance of tfie principal =
sum. If defautt is made in the payment of any installment when due, then at the option of the holder, and with-
~ out any other notioe, aN tfie remaining instaliments shall be due and payable at once. Privilege is given to pay two
~ or more installments at any instatlment maturity date, but tfiis shall not extend the time of maturity of any sub-
sequertt installment. Neither forebearance, nor acceptance by the hofder hereof after any default in any payment
~ hereon shall be deemed extension.
~ Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment, protest tnd notice of
protest for non-payment and further agrees to any extension of time of payment, either before or after maturity,
~ without notioe to arry ef us; and to pay a{{ costs of coffection, including a reasonable attorney's fee in the event
of any default hereunder, and hereby severally waives all beRefit of homestead and exemption unrler the mnsiitu-
~ tion and (aws of each S!ate af 1~:~ :+T~i1cu .ri4oicS, aS u~aiii5f 1~~is i,i,iiyniion or any extension or re~ewal hereof.
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~ Witness the hand and sea{ of each party. ~
~ Stamps affixed ro recorded copy.
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` Alfred N. Smith ,
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• Jennie G. th
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