HomeMy WebLinkAbout2373 s~ ~ W fhe sante, togethsr with th~ tenfinenls. ~e»~itan~enb and nppurt~-
nancet thtroto de~onging, nnd ~?~e•renb~tasuea and projiti iheroo~. unta i~ mwtgage~. in ~e~ aimp~e.
~ Ihe ntorlgagor rnvenanls u~itk ths mortgagae l~nt t1N mortgagor is ind~j~,ibiy ~.iz.d o` sald
land in /eo simple; that the mortgagor I~as good ~ight nnd law/ul autkaitp to oonwp mtd iand as aja+~-
said; t{~at the mo?tgagor~ wij~ nwke suc~ ~urt~ar asaw+ancea to per(~ct fhe (e~ simp~ tif~ to said ~and in t~
~.t9~~ as ~y ~.,onn6ly b. .+~.~d: ~hat el~e ~orea~ h.r.by ~uUr wa,mna ek• etd. eo satd lond
and will de(end the sam~ apatnat the lawjul claims oj nU Penona wTwmsoauer: and that said land Ia ~n~
nnd clear o/ a!! ~ncum6nancea
. j~'.., _
~V~ ~UW~s~ tkat i~ saicl mortgagor ihaU pay unto said nwrtgagee the certain promtt-
sorq note hereina~ter so6~r~e~ally copied or identijiec~, to-wit:
~,6.907.00 Ft. Pierce, Fls.
Beb. S, 1970
For value received, ~e promiatto pay, Wi.thout defalcation to tbe order
of Harry H. Schrag the evm of Six T1~oussad Nine Hundred~Sevea and 00/100
Dollars ($6,907.00) together ~ith intereat fran dat~ at the r8te of
7~L per ~nnum on the unpaid balancs, payabie es fo~laWS, to ~it:
$71.29 on the Sth day of ?larch, A.D. 1970 and the next S7
consecutive montbe thereefter and $69.S8 ot~ the 58th month.
Ba lance of $5,172 .50 due and paqab le on tt~e 60th aonth .
F.ach instaljment first sh~il be applied in payment of the intereat,
~ and then on the unpaid ba lance of tt?e principa 1 eum. tf def aul t is
~ mede on the pay~ent of any installment ~rben due, then at the optioa
~ of holders, and with~ut any other notice, all the remainiag install-
ments shal? be due and payable 8t once. Forbearence shell not ba
deemed exteneion. Privilege is giv~n to psy this note in Wholo or in
part at any ti~ne without pane Lty. ~
F.ach mnker, surety and endorser her~of, ~ointly and severally waivQs
demand, presentment, protest and notice of proteBt for nvnpayment and
further agrees to any extension of ti.me of peyment either before or
after maturity, without notice to any oF uc; and to pey alI costs of
collectian, including a rsaaonable attornsy'a fea in the event of any
def aul t hereundar . -
t~itness the hand and sea~ ef e8ch party.
r
v o 1~
~ Chesrer J. Star~iag,
~ ~
~ " Sandrs M. Starling i
!
I
600K ~8~ PACE23~i7
~ , , ~
~ : s
_v , ~,._.,r r . _