HomeMy WebLinkAbout2468 ~o ~tue and to ~old the same, to9ether with lhe tenemenfs, hereditamenls and nppurte-
I ~ances Ihe~efo 6elonping, ana the rents, tssues anc~ prof
ita fhereo~, u~to I~e mortgagee, tn (ee stmp~e.
~LI`d the mortgagor covennnts witl~ ti~e morfgagee lhnt tl~e mo~tgagor is i~dejeasi6ly seized af suid ~
land in /ee simple: that the mortgagor has good right and lnw/u~ authority to rnnvey said lond as a~ore- `
saicl: Ihat t{~e mortgagor u+i~~ make such ~urt~er assurances to perjpct the jee simp~e fifls fo satd ~and in t~e ~
mortgagee as may reasona6ly 6e requi?ed; that the mo?tgago~ he?e6y (ully warrants the title to ~nrd bnd ~
and will de~end the snme against Ihe lawjul claims o( al~ persons whomsoever: nnd that satd land 'u fne ~
and clear oJ all encumbronces
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~ ~rouided~ ~twnys, tha! i~ saitl morlgngor shall pay unto said mortgages the certain promit-
~ sory note hereinaffer substantia~~y copied or ic~enfijied, to-wit:
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- . . . : ~ 6, 400 00 ' . ' . fort Pierce, Florida, May 2 2 19
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. -:for velue received, I, ~ we or eit r• f romise to ~ pay, without defalcation, to the order of '
~iis° ~Sif~',
~E. ~Boyd Shoff & Belva I. Shoff, at4005 South Indian River Drive in Fort f
~ Pierce, Florida, the sum~of SIXTY-FOUR HUNDRED AND_NOf100----=--------_ DOllARS ~
~ .~'with interest from date at the rate of 8 % per anrnium, ~in ._?~nthly _ insta~lmenis as foltovis, ~
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. ~ 61.17' on the 22nd day a} ~Tt~rie , 19 70 and a like sum :
`on ihe corresponding day of each like succeeding period thereafter until the whofe be fu11y oaid. ~
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Each installment first shall br applied in payment of the intarest and then on the unpaid bala~ce of th- principal su~r+. If dafaulr ~s 2
_ mad- in the payment oi any instaGment when due, then at the option of the hoider, and without any other not:ce, a.l t'~e re.na ning
_ - installments shall be d~e and payable af once. Privilege is given fo pay two or mwe installments a~ any insra:lme~t matu:i~/ d:te, b~t
th:s ~hall not extend the time of marurity of arry subseq~ent instaltrn.:nt. Neither fabeaiance, nw acceptanca by the ho:dsr heraof aftr:
i'..~._''any defavlt in any payme~t hereon, shall be deemed extensan. ~ ~ -
j - - Each msker, w~ety and endorur hereof, jointly and severafly waives demand, presentmen4 p?otesT and notice of protest for non-
' ~l::payrnenf, ~nd fuNher agrees to any exteosion of time of paymeM, e7~he? befwe a sfter maturity, without nouce to any of 4s; and
j ,•'.'p psy all costs of collcctioo, including ~ reasonable attorney s fee in the evenl of any defau:? hereund:r, and hereby s:verally wa,ves a.l
;~:,be~efit of homestead ar.d exemption under the ca?stitvYan and laws of each State of the United 5tates, as a~a~nst this ob~igati~n or any
~ extens'wn or renewal hereof. . ; . • - - .
~ -,~tness the hand ~nd seal of each party . . _ . - . . . ~
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