HomeMy WebLinkAbout2689 ~o ~iaue and to ~iold !tie same, toget~e~ with !ha tenQment~, tiereditnmenl~ anc~ apputfe-
nnnces lhereto be~onging, ana t~e renls, issues nnd pro~lts t~ereo(, unto llie morfgagee. in (ee simp~e.
~ the mortgagor coaenant~ wifh fhe mortgngee fhat fke mo?tgago? ts inde(.wi6ly seized ol suid
land in jee simple: Il~at tl~e mortgagor hw good right and lawjul nuthority to rnnvey ~ntd k~d us a~oro-
said: fhat Ihe morfgagor u~i~~ ena~e such ~urther aaswances to pe~pct fhe ~ee simp~e tif~e to anid ~tnd in th~
mortgagee as may reasona6ly be required; tl~at !he mortgugor here6y f ully wwrunb the tille to said land
and u~ill de/end ihe snme agninst the IawJul clainu oF al1 persons whom~oever: and tl~ut auid land ia (ree
and clear oJ all encum6runcea
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i ~rQV~~ ~W~s~ ttiat if saicl mortgagor sha~~ pny unto said mortgagee the certain promis-
sory note tiereina(fer su6st~etnlly copiec~ or identijied, to-wit: -
s 16.000.00 Fort Pierce, Florida, ~?rC6 28 ~q 72 ~
for value received, I, we or either of us, promise to pay, without defalcation, to the order of
A!Rl1I3 $.~MRICK- at P. O. HO~c 399 in RiE
i~ •oo
~!ol7R, Florida, the sum of S1]ctloII TlloudaAd a~d bo~100 pp«qRg
with interest from date at the ~ate of 6 % per annnum, in ~atb1Y instaliments as follows,
~ 135.00 on the Zst day ot ~.~L~ , 19 72 and a like sum
~ on the corresponding day of each like succeeding period thereafter until the whole be fully paid.
~ Each i~ntallmant fint shall b~ applied in paymsnt of ths inrerat u~d then on th~ vnpaid bslarKe of fF» principal wm. If defavlt is
~ made in ths psyma+t af any imtal4nent when due, tlx~ st tM option of ths holder. ~r~d witha» any othor notioe, all the rsms:nirg
installments shall b~ dw and payabl~ ~t oace. Privibpe b yiven to pay two o? mo?e ~stalh~enb at ury Iratslknsrn maturity date, bui
j th"s shall not extend tM time of msturity of any wbsecrunt installmant. Neitha forbsuanu, nw ~captanu by the ho:der heswf ~ita
~ ~ny defwh in arry paym~nt hercaa, shall b~ ds~med extension.
~ E~d+ maker, wratp and endorser F~~of. ~ointly snd teveralFy wa'rves dsmand. Pn+sntment. P?West ~nd notiu of pr+otest for non~
payment, and furtha aprees to any extension of time of psyment, eitl~er befon w after maturity. without norice to any of us: and
' fo paY dl costs of collact~on, iocludinp a reasonable attorney's fee in the event of s~ry defwh her~undsf, and hereby seva~lly wsives a.l
~ ber+efit of ho+++estsad and exemption under the c«nt+tvtion and Wws of each State of th~ Uneted St~t~a. ~s agai++st this obligation or my
~ extension or ~enewd her~of.
~ Witness the hand +nd seal of exh psrty.
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~ (state statps ia a~unt of
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$24.00 attachad to original . ~
~ and ca~elled)
~ s/ Charles H. McKellar
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~ s/ Charlotte I,. McKellar ~gEq~~
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