HomeMy WebLinkAbout0086 30 !he samv, toyelher with !tie tenemenla. k~Itanenti and app~ute-
nances fhereto belonging, anc~ fhe renfs, lssuss and pro~it~ ttiereof. unto ths moMgagt~. in ~ee simp~e,
fhe mo?Igagor covenanla wttl~ tl~e mo?tgagee that tl?~ mortgagor ta ind~jeaaib~y seized o~ sakt
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la~d tn ~ee simp~e: thnt ths mortgapbr hus .good Ng~t nnd ~awju~ aul~orily fo c~onnnr aaid lnnd w a~on-
said; lhut i1~e mwtgagor wi~~ ~nake auch ~urt1~K auurances to pe~ECt th~ ~~e atmp~ ttt~ to said ~ tn fhe ,
mo~tgagve w may rea~onnbly be required: ehae e1~. ~aeea~ h...br (u~~y uran~nb fht tltls to tald ~ond
aRd wtl[ de(end the sume aguinst the bwjul claims o~ aIl persont whomaoe~er; nrad that iotd land is /ne
ond ~te«. oJ all ~ncumbronces except taxes accruing subsequent to the yea=
1971.
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~V~IL~R T11W~S~ t~at iJ saicj mortgagor s1~aQ pay unto saic~ mortgng~a t~e certnin- pror?iis-
sory note hereina~ter sab~ean~~olly copiec~ or identi~ied, !o-wtt:
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L~i'ZV~15.7Va~i ?`V~aa.
03,992.31 Fort Pierce, Florida June 30 19~_
~'~~r value received, I, we or either of us, promise to pay, without defalcation, -
~.:.e order of PETER PLECAN aiid JEAN C. PLECAN, his wife c/o St. Lucie
~.ounty Bank at . Box ,
1„ r, ierce, ori a 334 . , the sum of SIXTY-THREE THOUS D NINE HUNDRED
~ ~TY-TWO and 31 100 DOLLARS,
~nterest tro~r. date at t e rate o seven $ per annum,_ in monthlv
~:~~to~lments as follows: ~
~~~,000.00 - due on or before.90 days from above date at no interest, if paid
.:~`:zin ~0 days without grace period as to this payment;
S:~~u.Oc7 (principal and interest) due one month from above date ~at 7$ with grace
_;:riod of 30 days on any instalment; and a like payment of $500.00 due each
~.:U:. ~h thereafter until paid in full. ~ ~
~acn installment shall first be applied in payment of the interest and ~hen on ~
~:.e unpaid balance of the principal sum. If default is made in the payment of any
~..,~aZlment wnen due, then at the option of the holder, and without any other
.-.~~ice, all the remaininq installments shall be due and payable at once. Privi-
-~~,;e is given to pay two or more installments at any instal2ment maturity date,
~.his shall not extend the~time of maturity of any subsequent installment.
~~~~::er forbearance, nor acceptance by the holder hereof, after any default in
~ayr~ent hereon, shall be deemed extension.
~ach maker, surety and endorser hereof, jointly and severally, waives demand,
_::_~sentment, protest and natice of protest for nonpayment, and further agrees to
;...1 exteasion of time of payment, either before or after maturity, without notice
any of us; and to pay all cos~s of collection, including a reasonable attorney
~<;e int~e event of ar~y default hereunder, and hereby severally waives all benefit
;:omestead and exemption under the Constitution and laws of each State of the
:,:-~~~ed States, as against this obliqation or any extension or renewal hereof.
~:`:.SS the hand and seal of each party. .
~~:zIVILEGE OF PRE-PAYMENT IN WHOLE g/ Jpsg A~,v,ARE~ _(SEAL)
t:'-.~ PART GRANTED WITHOUT PENALTY. ~
s/ DULC~S ALVAREZ (SEAL) ; `
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:-OC'v'MENTARY STAMPS AFFIXED TO ORIGINAL NOTE AND CANC;ELLED. :
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