HomeMy WebLinkAbout1021 .~o ~aue ~nd to ~iotd the same, togetl~e~ with the tenements, hereditamenls and appurle-
nances Iherelo be~onging, an~J fi~e renls, issues and pmjils Ihereo~, unfo !he morlqagee, in jee simplp.
~nd Ihe mortgagor rnvenants wilh Ihe mo~Igagee tkat the mortgagor i~ incle/easi6ly seized of aatd
land in ~ee simple: that the mortgagor has good right and Iawf ul authoriiy ~o convey snid land as a~oro-
saic~: IF~at the mortgagor wi~~ make such ~url~er asswancet to perfect the Jee simple tit{v b satd ~ond tn fh~
.mortgngee as may reasona6ly 6e required: thnt !he mortgngor {eere6y ~ully warrania ~th~ ttlle to said lnnd
and will de(end the same egninst the law~ul claims of all persoru whomsoever; and-that~ aaid Iand it ~ree
and clear o/ all encumbrances
.
~~V~~ ways, ihat if said morlgagor Shnl! Pay unfo said mortgngee t~e certain promis-
sory note {~ereinn~fer substantially copied or idenli~iet~, to-wit:
INSTALLMENT NOTE
~ 1. 142.64 FORT PIERCE, FLORIDA August 31 19T2
FOR VA LUE RECEIVED, the undereigned, oromise to pay to the order of FIRST
NA TIONA L BANK OF Fn RT PIERCE, Fort Pierce. Florida, ONE THOUSAND
ONE HUNDRED FORTY-TWO AND 64/1Q0's DOLLARS~ ia instsllments as
followa:
TWENTY-FOUR (24) conaecut~ve monthly inatsliments. of ~47.61
each. comnzencing the ~;5~' day of ~ 1972.
I
( The annual simple interest rate ia 11.25°Io
If for any reason any of the said payments remain due and unpsid for a period of
ten days~ the makers and/or endorsers agree to psy a lste charge of 5~ per ~1.00
of payment in default which ahall be added to or deducted from the monthly pay-
mente when paid.
If default is made in the payment of any inatsllment when due. then at the option
of the holder. and without any other notice. all the remaininq installments shall
be due and payable at once. Priviteqe ie given to pay two or more inatsllments
at any inetallment msturity dste. but this ehall not extend the time of maturity of
any subsequent installment. Neither forbearance, nor acceptance by the holder
hereof after aay default in any payment hereon~ ehall be deemed exteneion.
~ The makera and endorsers of this note further agree to wsive notice of aon-pay-
~ ment. protest and demand for payment, and in case suit ahall be brought for the collection
~ hereof or the esme ~hsll be collected upon demaad of an attorney. to pay all expenaea
~ of such collectioa. including s reasonable attorney's fee thereon.
~
The maker of thia note desiree life i~eurance with a premium in the amount of
~ s17. 13 computed into the total amouat of the loan.
~ •
~ Doc Stamps in the amount of $1, 80 ~ ' ~
affixed to original note and S[.-' (SEAL)
cancelled Edna Benjami
,
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