HomeMy WebLinkAbout0374 . . I
~o ~iaue at~d to ~old I~~e same, togef~~er u~if{~ Ihe fenemenfs, herec~ifamenls an~ appu~te- I
nan~-es IhPn~lu ~?~~o?~yinc~. an~~ I~~e r~nts. issues an~ pMfils IIIP~PO~. unlo 1{~e mo~fgaget~. in f
ee simp~e.
~nd tl~e morfrya~~or i•oi~~nanls u~it{~ !he morf~a~ee ti~at the mo~tgagor is indefeaai6~y SPIZP~ o( said
' land in ~i•p sim~~l~; Ihal Ihe mortgaflor has gooc~ right antl ~au~Juj aufharity to convey saic~ ~and at a~ore-
1 said; ~I~at ~he mort~agor will make such /urther assurances to perjPCt !he /ee simple litle to said Iand in tl~e
~ mart~~a~ee as m~y reasonab~y be requirecl: l1~at the mortgagor 1?ere6y f ully u~a~ants ihe fitle to aaid land
,I ~i~d u~iU d~fpnd fhe same a~ainst tha lawjul claims o/ all pe~so~s whomsoever; nnd that said land is Jree
~ml i•lear o/ all encum~)~q/1M5
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: ~rou~ded ~tways~ Ihaf iJ saic~ morlgagor shall pay unto sai~ morfgagee t~e certaiR promis-
! sorv nole ~iPreinaffpr SII~S~AIIIIAI~V copie~ or i~enfi~iec~. to-u~it:
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s ~ ~ Fort Pieroe, Horlda ~ ~ ~ q ~l
For value reoeived, 1, we or either of us, prornise ro pay without defalcation, to the order of
.i. A. iA~~ rd ~1~i, r. ~~w~
at ~ ~ q ' t
p e um of ~ r0 ~/x00 • • • • - • - ~ • ~ ~ • DOLLARS
~nterest from date at the rate of ~~M 9L per an~um, in the manne~ following: ~
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; installments shall be ~~~~~1~ ~ <<~ a~
( a like sum on the cor~espondinQdav of each like sueceeding ~~~~i ~ eafter until the
Pi1i~
whole sum shall be fully paid ~tinterest at ~ 9f~on the unpeid wms from timeln3ime owing.
y ~ i~ss
(Granting to the promisor the right of prepayment without penalt~ ~'1G i~terest charge-
able on all sums in default.
Eacfi installment first shall be applied in payment of the interest and then on the unpaid bnlance of the principal
sum. If default is made in the payment of any installment when due, then at tfie option of tF~ holder, and with-
out any other notice, all the remaining i~stallments shall be due and payable at o~ce. Privilege is given to pay two
or more instailments at any installment maturity dat~, but.this shall not exte~d the time of maturity of any sub-
sequent installment. Neithe~ forebearanoe, rwr aooeptance by the holder hereof after any default in any payment
hereon shall be deemed extension.
Each maker, wrety and e~dorser hereof, joirttly and severally, waives demand, pre:entment, protest snd ~otice of
protest for non-payment and further agrees to any extension of time of payment, either before or afte~ maturity,
without notice to any of us; and to pay all oosts of collection, including a reasonable atbrney's fee in the event
of any default hereunder, and hereby severolly waives all benefit of homestesd and exemption under the oonstitu-
tion and lawa of each State of the United States, as against this obligation or any extension or ~enewal hereof. t
Witness the hand snd seal of each party.
~ Stamps affixed to recorded copy. _
~ ~ cSEAI)
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