HomeMy WebLinkAbout0832 ! ~
;
.
~
W the same, fogeth~ u~itk f~e fenemenls, hseedifnrreents ond appwf~-
I nanc~?s fherefo be~onging, onc~ f~e rents, issues nnc~ p?oflts fhe?ea~. unto fhe mo~igneee, in ~t~ simp~s.
~d Ihe mortgagor c.ovenants wIth 1{~e morlgageo that the mortgagor ~a indeJ~j6ly setud o/ satd
land tn ~ee slmplo: tl~at tho n~o?tgagor l~as good ~ight and IawJul outho~ity to convey snid Iand w ajore-
said; thnf t1~e mortgngor will make sucl~ jwther wsuronces to pe~(ecf ftie ~ee simp~e lit~e to anta ~ond in t~s
mortgageo as muy reasona6ly be required; tl~af 1he mortgagor kere6y jully u~arrant~ the title to satd ta?~d j
nnd will de%nd the same agairut the lowjul clair?u o~ all pe?soru whomsoever; and thot said land is /ree ~
a~d ~l~ oj al[ encum6mncea except taxes accruing subsequent to the year
1970.
~
~
I
~
~
~
I t
i
~ P
'I /
~ ~rou~ded ~lways~ that if saicr mo?lgagor ahall pay unto aaid mortgagee the certain promis-
~ sory note hereinn~ter substanfial~y copied or identi~ied, lo-u~ii:
~
- - - _ ~ . ~
~IlO Ft. Pierce Florida , March 29 . i9 71
. For value received. I. we or either ~f us. pro~i~e to pay, without ~
d:cation, to the order of ELMER JONES and STELLA JOI~ES, his wife ~
= 3~.4~_D~,.11~.,P~nnsvlvania 18612^. rr~-~o-i-tt~i~rc~e-,-~'3br~ide, the sum of EIGHT
~:::~,LSA~D Dollar~, with interest from date at the rate of
~ _ _ _ .
i-~ per annum - in _annual in~tallments as follows 1, 600 + instAn the
~
~ A__~~-~h ~a}• cf _ March 19 72 . and a like sum oTr-the corresponding
~
~ cf eac: like succeeding period thereafter until the whole be fully paid.
0
~ Each installment first ~hall be applied in payment ~f the interest and
cn the unpaid balance of the principal ~um. If default is made in the pay-
: ~ ~f any installment wr.en due , then at the cption of the holder and without
~ other notice , all the remainin~- in~tallnents shall be due and payable at once.
~:~:v~~ege is given to pay two or r~ore installment_ at any installment maturity date,
~his shall not extend ''~e time cf maturity of any subsequent installr~ent.
~:ler bearance , nor acceptance by the helder herecf after any default in any
~,-:z;•r„er.t hereon, shall be deemed extension.
'r'.ach maker, surety ana endorser hereof, jointly and :everally waives
~ u.~.:.z~d, presentment, protest and notice of pr~test for non-payment,~ and further
ees to any exten~ion of time of payment, either before or after maturity with-
r.cLice to any of us; and to pay all costs of collection, including a reasonable
~~~.U; ney's fee in the event of ar.y default hereunder, and hereby severally waives
~
benefit of homestead and exemption under the Constitution and laws cf each
~:_~te of the United :'tates, as again:t this obligation or any extension or renewal
:-~Fof. .
~ WIT:~'E~S the hand and ~eal of each party.
J & L LAND CORPORATION .
~
~ : _-~-~a ,~;en= ir whole or part , '
:~_;;uLt penalty is hereby s/ Patrick B. Lally ;
_ _ , ;
~ ~ Patrick B. Lally, President
~
L (corporate seal) (~EAL)
- _ _ ~ -
~
~
~
s~ e~k~191 831