HomeMy WebLinkAbout2511 ~11iV~ ~ W ~W~ !{~e same, togefhar wifh !he lenerner~lt, tierediloments and appwfe-
nances l~erefo be~onging, anc( f~e n~fs, tssuea aRd pro~tb the~+eo% unlo !he nsorlgages, tn ~ee si?nplP. ~
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ehe mortgagor c~ouennnts u~iJh ~l~e mortgagee that tke morfgago~ is inde~easibly seized oJ said
Iant~ in /ee simple: tl~at tl~e mortgagor has good right ~td jaw~ul autl~ority to eonusy sntd land as a~oe+e-
said: Iha! the morlgagor wtll n~ake iucl~ furtl?er assurances to perfect the ~ee aimple fifle to said Iand In tf~e
martgagee w may reasonably be requi?ed: that !1?e mortgago~ 1?ereby f u~~y wnrranfs f~e til~e fo aai~ ~und
and will deJend ll~e same against the lawJut claims oj nll pe?sons whomsoeve~: ared ihnt aaid lund i~ (ree
and clea~ o/ nll encumbrances
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~V~l~R 7UW~s~ !h~! i~ said mortgagor shnll poy unto snid mortgages the certnin promis-
sory note ~ereinafler sabstantial[y copiecl or idenfi~ied, fo-wif:
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For value receivsd. we, or silhsr af us, pr«r~i~s to ps„ witfrou~ cisfakencn, t~ 1t~. ord~r of
FRAMKLIN A• NARRIS offias in Fat Pierc?e. Horida, the wm af ~1~~3~~
with ~Ns~rsat fnom dal~ M the raM af ~ % per a~wan, in mo~nthiy instaitrtants ss fdlo~ws:
t~•~ on the 5TH_ day ^~.~.~~~Q
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; a tike svm on th~ corns~'~oex~n~
day af each (~ce s~roosaii?q month thereafter for a period of ~ mont~s, at wfiich time ths es~tins unpaicf
batana~ beoorr~a_ cWe and payabl~a an dema~d.
A tite peyment chee+~e of shali bs added to ead~ p~syma~t remaining unpsid T daYs aAer ifs
due rkle and a liks sum sha11 bs ac~sd 1a each sucfi insta!{~nanf ~rtiainirig unpaid 7 days eflsc each wooesd-
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Each instaltment first shall be appiied in ths psyment of ths int~erest a~d then o~t the uripaid belar~p ;
of 1he prindpal wm. if default is made in ffie paymsrrt of any tnstaiimsnt whsn due, #ren et the option o# '
ths hddar, ard without arry dl~e? +~o~ica, aE! ths rern~irdng i~talfinents shall bs dus and psysble at a~oe.
Privilege is given 1~ pny two or more ir?stsllmenh at any i~atatlrtient msturity dst~, but tbis sttall cwt exMnd ~
the fime af tnaturity of any subsequerrt instafimsnt. Neitl~ar forbn~aronoe, nor ac~oepiareas by tfie hoidsr t
f~arsof afier any defauif in a^Y Pa~n~e~ hereon. shsll be deemed exMnsion. .
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Ead~ msker, surety and endorser her~eaf. ~oiMiY and se~vetdly. waives dem~~d, p~ase~trirent, protest
and notias of pv~est for nan-payrnent. snd further aqhes ro~ny sxiension a~ fims of paYment, eitl~er befao !
or afler meturily, without notioa b mry af us,: e~d topsy al! aosts af colkctior~,, irxludin~ a r~nor~ sffw-
~s fee in ifie weni of any def+wlt hersundsr, and heroby ss~aliy waives ~il beneRt of homssfaad and
e~osmption under tfi~ Co~stitution and la~ws of esch.Sta~s a~ 1he United Shtss. at a~sinst this aWi~tio~ or
arry e~zi~io~ of ranawal hereo~f
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WITNeSS TFIE HAt~D ANO SEAL OF EACH PARTY: ISI ~OHN T, ARCHER _t~
Jo~ T. t~c~R
/S/ FRANCES ARCHER
FiIAMCES ~tf.liER
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