HomeMy WebLinkAbout0858 i
~Q ftis same, togst{?t~ with the ten~menfi, htr~itamenli nnd appwt~- i
I n~nra~ ii~~ewta I~elot~Ainq, nnc~ fht renta, taaues and pro~ifi lhtroo~. u~to t~?~ mo?tgogse, !n (es a~mp~s• 7
~
~ th~ mortgagor coue~anfa wilh t1u mortgagee that tf~~ mortgogo~ ts ind~I.w~6ly seized o( aak~ i
lnnd tn f
ee ~imple; thnt the niwtgagor has good ~ieh~ and bu?~ul authorit~+ to convey ~aid land as aEon- t
saic~: fhuf the mortgagor wt~~ ma~ ~uch (urthe~ as~umnce~ to p~rject !~e lee almp~ fll~t to saitl ~and tn th~ j
mor~paeea as mny e~eosons6ly bt requi?sd: thnl ths mortgneor k~?~6r jully wnrranb the lttb to aaid land ~
and wtl[ de/~nd ths sam~ agntnst Il~e law/u! claima o~ all penons wl~orruoever: and that ,aid la.~d ts /n~ !
a?,d ~le~ oJ all ~ncum6rancss except the taxes to be levied and assessed
thereon for 1970 and said first mortgage held by Citizens Federal
~
Savings & Loan Assxiation of St. Lucie County. ~
;
;
t
{
<
t
i
5
~
~
L
i
~
I s
's
~QV~ ~W~s~ t~at i~ said morlgagor shall pay unfo said mortgagee fhe certnin promta- ;
sory note hereina(ter substantia~~y copiec~ or tdentifiec~, to-wif:
$Z,000.00 Fort Pierce, Florida, September 2~, 1970
~ AS HEREINAFTER AGREED, after date, for value received, the
und~rsignsd, jointly ana severally, promise to pey to the ord~r of
RUTH R. GRA~1M, at St. Lucie County Bank, Fort Pierce, Fl~rida, the
pri~tipal awa of R~?o T'houaend Dollars, tbgether with interest upon
the amounta thereof rer.~+ining unpaid from time to time at the rate
of 7~% p~r annum from ths date hareof until paid. And it is hereby
~qr~red that sa~id- p~ineipal and interest shall be paynble in monthl~r -
installments of $50.00 each on or bafore the first day of each and
eve;y month, beginaiinq November 1, 1970, and continuinq until fully
paid. 8ach of said installcaents, as and when paid, shall be creaited
by the holder of the note f irst on the interest then accrued on 8a fd
principal eum remaining unpaid, and th~n in r~duction of •aicl unpaid
i principal. The undersigned shall hsve t?~e o~tion to anticipata and
; pay any of aaid installmenta at any tiaw prior to maturity th~reof,
` and also on the firat ~ay of each month may pay on this note any
~ swa in addition to th• above pr~ecribed installmsnts, without penalty,
which installmsnts when so anticipated and which additional sum~s
whsn so paid ehall be applied and cradited on the accrued intereat
and unpaid principal hereof in the manner ebove provided.
If default be made in the payment of any of said inetallments
at the tiiaes and in the manrier aforesaid, or in paymsnt ot the debt
socured by that certain first inortqage heretofore qivan by the
und~r~iqn~d to Citizens F~dsral 3avinge & Loan Associatlon, ot St.
Lucie County as recorde~ in O.R. Book 186 at page 2926 of ths public
recorda of St. Lucie County, Florida and euCh default shall
continue for a period of f ifteen (15~ daya (time being of the
~ ees~nce of thie agreement) then at the option of the holder hereof,
~ the ent ire anaunt of the pr inc ipa 1 aum then rems in inq unp~ id on th ie
~ note, and all intereat thsn accrued t2iareon, ahall immediately
~ bec~ and ~~u~ ~n~ p~yable and collectabls without notice or
~ demand thsrttor. If thie note shall become in defau2t and be
glace8 in the hands of an attorney for collection, the undersigned
aqrse to pay to the holdsr hereof a reasonabl.e attorney•s fee for the
collection hereof.
T`hia r.ot~. ia s~cur~d by ~ purcha~• mon~y oortqaqo of ~v~n dats
h~rNrith on c~rtain prop~rty in 8t. Ltw ie County, llorida. ,
ROBERT J. FOX (6~AI.~
~ ~ • Robert J. Fox
EaO~ ~ (~f
, . AUDREY W. FOX (S!~?L)
1?aar~y w. !'ox