HomeMy WebLinkAbout1897 i~
Ihe sante, luget~v~ with the tene?n~nls, hereditaments ancl appu?te
' ~'o ~iaue and to ~totd
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nances t{ierelo ~>e~onging, anc~ Ii~e ~enls, issues ancl pro~ift f~ereo~. ~nfo f~e mortgagee, in ~ee simp~e.
`I ~!he morlgaAor covrnanls u~ith the mo?tyagee that the mortgagor is indefeasi6ly seized oJ said
I~ land in /ee simple; lhat the mortgagor {~at good right and lau~(ul authority to rnnvey snid lnnd as ofore-
I saisl; Ihnt the mortAagor u~il! make such Jurther assurances to perjpct !{?e Jee simple title to said Iand in !he
~ mort9ayee as may reasonn6ly Ge requi?ec~; tl?at t1~e mor~gngo~ I~sre6y (ully u~arrnnts the tille to said land
i anc! u~ill deJend the same agninsf tl~e law/ul claims o/ all pe?sona whomsoever; and ll~nt said land is jres
and c~enr o/ all encum6~ancps
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~~V~~ 7UW~S~ fhnt ij sait~ mortgagor shn~~ pay unfo said mortgagee tke certain promis-
~ sory note {~ereinn~le~ subslantia~~y copied or idenliJiec~, to-wit:
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~ MORTGAGE NOTE
~ ~ Ft. Pierce,
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' ,~._~.6.~7~tQQ_.__ , Florida ~rch_10.--197_2--
FOR VALUE RECEIVED, We jointly and severally if mon than on~) promise
cu pay to the order of
PRANK J. LSXA' JR and GAROLYN S. LSXA, hiB wife
ac 527 Gulf~Road, North Palm Beach, Florida 33408
i che principal sum of SIXTY SIX THOUSAND THREE HUNDRBD SBVENTY FIVE AND NU/100-----
; DOLLARS, together with interest thereon from Mareh 10, 1972 , at the
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f rate of S ix & 1/2 per cent per annum until maturity. ~
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g Payable as follows: In three equal annual inetallmente of $22,1~5 .00 each.
x The accrued_interest on the unpaid principal balance ia to be due and
~ payable a~nnually at the same time as each principal installment becomes
~ due. The firat installment to become due and payable on or before the
~ lOth day of March, 1973 and one installment to bscane due and payable
on or before the same day of each succeeding year until the whole of
~ said indebtedneas ie paid.
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~ The makers of thi~ note herein, reserve the right to prepay in whole
~ or in part at anytime without pe:~alty.
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~ "I'he makers and endorsers of this note further agree to waive demand and notice of
: non-payment and protest; and in case suit shall be brought for the collection hereof, or the
same has to be coUected upon demand of an attorney, to pay reasonable attorney's fees for j
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~ making such collection; and agree that in the even* of default in the payment of any indebted-
` :zess due hereunder for a period of thirty days the whole of said ind~btedness sha]1 thereupon,
- at the option of the holder of this note, become immediately due and payable. Deferred
interest paytnents to bear interest from maturity at ten p~r cent per annum, payable ~cmai~
~ annuaUy on the succeedinq installment annivereary date.
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~F~ ~ ~ g ~?00 ~~g~g
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- ' ~ EAL) ~ - ' ~1 •
~GLTY B. ~ DERHOLD - - ~ )
` 1 ' r ~ ~t .r~ 3
~ - f L: % / , (SBAL) _ ~_''~-C~e---~ -(.U---~~ ~~°__i"~- (Seal)
BETTY; ADDERHOLD COLLEEN W. NELS~
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