HomeMy WebLinkAbout0786 TO HAVE AND TO HOLD the same together with the tenements, hereditaments, and ~
appurtenances, unto the said Mortgagee~~ anct ~e? r heirs and assigns~ in fee simple. ~
AND said Mortgagor for itself and its auccessors. legal representatives and assigns, doth
covenant with said Mortgagee~, - thPir heirs, legal representatives and assigns, that
said Mortgagor is indefeasibly seized of said land in fee simple; that the said Mortgagor hath
full power and la~~ful right to convey said land in fee simple as aforesaid; that it shall be
lawful for said Mortgageesy _ their heirs, legal representati~es and assigns, at all
times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said land is
free from atl incumbrancea; that said Mortgagor, its saccessors and legal representatives, Rill
make such further assurances to perfect the fee simple title to said land in said Mortgagee~,
their heirs, legal representatives and assigns, as may reasonabl3~ be required; and that
said Mortgagor does hereby fully warranL the title to said land and will defend the same
against the la~vful claims of all persons whomsoever.
PROVIDED ALWAYS, that if said Mortgagor, its successors, legal representatives or
assigns shall pay unto the said Mortgagee~., the' r t~gal representatives or assigns~
the certain promissory note-, of which the following in words and figure5 is a
~ true copY - to-wit:
s9.000 • 00 " Fort Pierce, Florida August 15, ,~q 7 ~
after date, 1, we or either of us promise to pay to ihe order f
NINE TSOOSI~lND AND NO/100------_-_- DOlLARS
~
for value received, payable at 1e01 N B irli ~rti ~rdens Drive,~~nar~anwn~ 791 ~
~inrth M~~ g~~h.
F~~~a,_._331~2
with interest
from date at the rate of _._.Z- per cent per annum until paid; interest payable annually
If d~fwh is rnade in +eY WY~t when dus, ti~en at the option of the holder, and witbou! any wher rotiu all th~ remainirg balance
shall be dw and psyable at a+ce. •
And each of w whsther rn~kar. Qua?antor w endorser, hereby severalfiy w~ives and renounces arhr ~nd all homestead exemptan rights
we msy haw urnler tFw Constitution or Iavvs of the State of Fbrids, or any othsr St~t~ or Unaed States, ss ~paimt this note; and wch further
waives demand, notia of norrpayment and protest, and in ~vent i1 b~oomes nscess~ry to col(sct Nus iwt~ throuph an sttornry, s~nss to y all
~ ~ ~..~.w. .~..»y. This note ehall be. payable in three ( ~j
equul annnal suaceaQiv~ install.n~ents ot $3,000.00 each, the lirst of i
suah inetall~eat,s to b• due and.payabla one year of date hereof, toq~the~c
Wit~r'._int~e=e~t on the unpaid parinaipal balanae at the rate o! 7 per cent
Per ~nnwn. Privileye o! prepayn~ent at anp tima tirithout penalty ie
hereby granted. ,
RZVER CITRIIS, INC.
ghaar (Seal)
Bab F. ShaM Presidant
iJo. Due 8~'J!!#t~tettA ~h~
~'E .'~'ka : Jeanat 3 Mr, ecretary (Seal)
AND the said Mortgagor, for itself and its successors, legal representatives and assigns, ~
hereby co~enant and agree: I
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