HomeMy WebLinkAbout0785 ~AVQ I~~e same, togvt{~pr u~it~i !{~e tenemenfs, hereclitumenb ancl appu?te
and to ~iold
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nanr~~s fhPreto Ei~~~on~~inc~. an~~ fj~c~ rc~nts. issues ant~ pro~ifs I~preo~. unto f~~e mortgagee. in ~eP yimple.
~(1~ 1~ murtgnqur roi~i~n~~nls u ifh t{~e mort a ee 1{?at the mort n or ia inde easib~ ~eizecl o saic~
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land i~ feP simplt~: Ihat Ihe morfgagor has pood righ! a?id lawful authority to coni~ey ~aicl lond as a~oK-
said: tha! ~he m~rf~~agor u~il~ mal~e suc{~ further assurances to perfect the fee simple title ~o ~n~d Ia.?d in the
~i morlqac~ee as ma~ reasonably 6e requirec~: that t{?e mortgugur hereby ~u11y u~nrrants tl~e fille to aaic~ ~and
ii ~nd u~iU ~1~>jend 1hp same ~gainsl l{~e lau~(u1 rlaima o) al~ per:ona whomsoei~er: and that sa~d b??d is ~~ee
I ~inr~ c~rar o~ nII Pncum~rm~~es
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~ ~ ~c~ouided ~lways, lhat i~ snic~ mortgagor s{~n~~ pay unto saic~ mortgagee the certain promia-
,I sory note he?einaJter su~atanfia~~y c'opip~ or i~entijiecr, fo-wit:
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~ ~ 3~ 6S0 .16 Fort Pierce, Florida, ~tD~r 8 19 72
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~ for value received, I, we or either of us, promise to pay, without defalcation, to the order oi
- i D~S~ZS S. StA~MEjiLI~i at lOb SOiith 4tl1 Sts'!~L ir~ F~rt
Pierce, Florida, the sum of ~~a $IX ~l~jiED !Z!j't iO~d 16/100 DOLLARS
' with interest from date at the rate of 8 % per annnum, i~ ~~~it - installrrents as fo~lows,
19 71 and a like sum
3 45.00 on the etb day ot - ,
~ on the corresponding day of each like succeeding period th~reafter until the whole be fulfy paid.
' Each instaiiment first shall be spp~iad in paymeM of the i~terest snd then o~ the unpaid bal~nte of the principal sum. If drfault is
made in the payment of any i~stallment when due, the~ at the opt+on of the hotder, and without any othN not~ce, all tF~e rema:ni~
; irutaliments shall be due and ~ayabfe at once. Privile~e is given to pay two or more instatlments at any ins?allment maturity date, but
th:s shall not extend ~he tinx of maturity of any suoaequent installment. Ne+ther forbear~nce, nor acceptuxe by the ho:der hereof after
any default in any payment hereon, shal! be dermed eztension.
~ Each maker, surery and endorse~ hereof, join~ly and severaliy waives demand, presentment, p?otesr and notic~ of protest fo~ nar
payment, and further agrees to any extensio~ of time of paymeM, either before w aiter maturity, without notice to anv of us; and
to pay all costs of collection, inc:uding a reawnab:e ettorney's fee i~ she event of ar+y dehu~t hereunder, and hereby severslly wa;ves a!f
= benefit of homestead and exemption under the comritutio~ and laws of exh State of the Un:ted States, as agsinst this ob~igation or any
- extension or rentwsl hereot.
Witneu the hand ~nd seal of each party.
(State Doc. stampa affixed
to original of thia note
inthe a~ount of $5.55)
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° R ~y6 PACE 785
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