HomeMy WebLinkAbout0078 Mortgage Deed
Phoenix ~orporatian. Tn~, to B. H. Lippin, Inc,
Page Two
PROVIDED ALWAYS, that i~ sai:j mortgagor shall pay
unto said mortgagee the certain promissory note hereinafter
substantially copied or identified, to-wit:
~ 34,000.00 Fo~t Pierce, Florida, - ~ly Z5 1SjIL
for vatue received, I, we or either of us, promise to pay, without defalcation, to the order ot ~
B. H. LIPPIN. INC. at in fon
Pierce, Florida, the sum of Eiqhty-FOUt T2]~u8.31ld and IIO/100---------••-..pp~~qRS
with interest from date at the rate of~A per annnum, in installments as fotlows, *
='YXXXXXX]tXi~U~IYX]tXXXYXYX~Y~YYYYYYYY YYYyYYY ~~n
VR~~ltill~itl/~~~ ~
Fach Froallment fust shall br ~pplied in payment of the interest and tMn on ths .N+paid br!ance of tM priocipal sum. If default a
made in ti~a payment of any iratallment when due, then at the option of the holdrr. +nd without a~ry ot1~ nortcs, alt the rsma:n~rg
imtalfinenq shall be due ind payable af onc~. Privilaye b pivro to pay two p mor~ instalhneets at a~y irotafknent matwity date, but
th:s shall not eztcnd the time of matvrity of sny i_bseQuent installment. Ne~thsr forbe+rsnoe, nw accepunu by~the ho:der ~xeof aftar
any default in ~nY paymtnt hereon, ahal( b~ dsemed exte~sion.
fsch maker, wr~ty and endona herrof, jointlp and aeverally waivr- demand, p.esenfinent, proaest and nwice of protest fo? noe?
pay~enl. u+d fwther ~ees ro~ny ~:ternion of time of psyment, eiiher before p aher m~turity, withoul notice. lo any of us: a,~d
to pay a!1 cos» of cotlectiay in~tuding s reaw~able attorrwy's fee in the event of any defsuh herevrxkr, snd I+Keby severally waives a:l
lxnefit of F~on+estead snd e:~mptio~ under the const;tvtiw~ and laws oi esd~ State of she Un~tsd St~tes, as +gsinst this oWigariw? or any
extension or renewat hereof.
~trsss the hard and tea! ot each Faify.
*October 1~, 1971, the sus~ of $12,OOa.00 ~rincipal. 1
September ~5, 1972, the sum of ~5,884.J~ interest.
Septerr,?aer ls, 1~73, the sum of $14,4Q0.00 p2u8 interest.
Sep~ecr.ber 1S, 19~4, the sum of $Z4,4~0.00 plu~ interest.
September 15, 1975, the sum of $~4,400.~0 plug interest.
September 15. 1976, the su~ of $14,400.00 plus interest.
Septennber 15, 1977, the stan of $14,400.a0 plus interest.
PAOENZX t.'ORPORATIOdfi, INC .
/s/ Jaines W. Piowaty
(Corporate Seal) ames ,T. owaty, rea~d~
' /s/ De~orah Piowaty ~5~~~ ~
Deborah Piowaty, Secretary -
and shall perform, comply with and abide by each and every
th~ agreements, stipulations, conditions and covenants
thereof, and of this mortgage, then this mortgage and the
estate hereby created, shall cease, determine and be null
and void.
AND the mortgagor liereby further covenants ana
agrees to pay promptly when due the principa~ and interest
and other sums of m~ney pr~t?i~ed for in said note and this
mortgage, or either; to pay all and singular the taxes, as-
~ww orF~ces
WILLES, BITS'AN & YVILIES '
P- O. 907C 3t/~
~ORT PIERCE. FLORtOA l31S0
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