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HomeMy WebLinkAbout0241 ~Q ~V~ t~e same, together wtth the tenement~, herodilaments and appurte- nances lhereto be~onging, and the renfs, ~ssues and pro(~fs fhereo~, unto I~e morfgaQee, in (ee stmp~e. ~ the mortgngor co~enants wilh the morteagee tknt tke mortgagor is intll~~easibly seized oj said land in Jee simple: thnt the mortga9o~ haa good rigkt ~d bwjul authority to conwy ,atd la,~d w njore- said: that the mortgagor will make such Jurthe~ asaurances to per/ect tke ~ee iimple tttle to satd Iand in tl~a mortgagee as may .~o?~obly 6e required: t1~at t1?e morlgaeur here6y juUy wnrrunb the tiile to :atd la,~d and will dejend the same agoinst ti~e lawjul clnims of eIt penons whomsoeve~: and thn! said ~and ia jroe and clear o/ alI kncum6mnces ~~V~ ~~s~ fh6t ij said mortgagor s~a~~ pay unto said tnortgagee t~e certnin promis- sory note he~einafler sa6lt~e~lly rnpied or identijied, to-wit: ~ L~.s260.00 Fort Pierae, Florida Feb11t81^y 20th , 19~~ ~ ~ .t~ For value received, 1, we or either of us, promise to pay without defalcation, to the order of ~ 1 f his wife - , g ~ l ~ 4SS_ O/~~~L , ihe sum of -~UR 1HOUSAND TMO HUNDRED BIXTY snd ao/100- pp~~ . a$ili~nterest from date at fhe rote of Se~?en ' 96 per annum, 'in the manner following: ~~1~.OU on or before Augast 20th, 19?0 plus interast - . I i A„a fi,yg_,_g~,it3enel ~[sual instalments nius inter~st as providad. said ~ instaliments shail be z~~p;-annu~l on A~ast 20th ~t Fsb~vary 20th ~ 8~ ~ a like sum on the corresponding day of ead~ like suoceedingSemi-8titlual d8te ~~~fter until the ~ who(e sum shall be fully paid with interest at SeYen 9L on the u~paid wms from time to time owing. ~ ~ (Grenting to the promisor the right of prepaymertt without penaify.) none 96 interest charge- ~ able on all sums in default. z ~ Each instaflment first si~al! be appfied in payment of the i~terest and then on the unpaid bstanoe ot the principal ~ sum. If default is made in the paymeM of any instaliment when due, then at the option of the holder, and with- ~ out any other notioe, aN the remaining installments shall be due ancl payable at once. Privilege is given to pay two ~ or more instaliments at any instaflment maturity date, but tfiis shal) not extend the time of maturity of any sub- ~ sequent instaliment. Neither forebearance, nor acoeptanoe by the holder hereof after any defavlt in any payment ~ hereon shall be deerned extensioa. ~ Each maker, wrety and endorser fiereof, jaiMiy and severally, waives demand, pr~entment, protest and notice of ~ ~ protest for rwn-payment and further agrees to ariy extensian of time of payment, either before or after maturity, ~ wrth~ut nofice to any of us; and to pay al! oosts of aollechon, including a reasonable attorney's fee in the event ~ of any defautt hereunder, and he~eb~r severotly waives atl benefit of homestead and exemption u~ tha constitu- ~ tior~ and laws of each State of the United S!ates, ss against this obiigation or any extension or renewal hereof. ~ ~ ~ _ wtness the hand and sea) of each party. , ~ Stamps affixed to ~eoorded copy. • ~ ~ ~ ~ - _ _ _ ~ ; - L 1 ~ E1 beth Rc~ss s;~ _ w, r°~ tSEAI) ~ . _ . <;; - ; :sF: . ~ anoK U k 183 ~ . - ~ _ _ . : _ - _ ~ . . ~ ~ ~ _