HomeMy WebLinkAbout1092 ~o ~ue and to ~iotd f{~e snme, logeiher with tl~t tensnunlt, ~en~itan~ntr ancl appurfe-
nances I~ereto be~onging, an~ ff~e rents, istue: anc~ pro~ils thee~eo~, unto Ihe mortgag~s, in ~ee simple.
~ the mor~gagor covenants wtth tl~e rriortgagee thut tl~e mortgogor is inde~eaatb~jr ae;sed oJ aaid
jand in ~ee si+nple; l~at l1~e mortgagor haa good rtgl~t and jawf u~ aufhorily to con~ep said ~und w a~oro.
saicl; fhal f{~e mortgagor will make such )urtl~er assurances to pe~~?ct the Jes simple tii~s to aatd ~ar~d in the
mortga9ee as moy reasona6ly 6e requi?ed: that the mo~gagor kereby f
ully wn~mnb tks tille to :atd land
and u~ill def
pnd the same against the IawJu! clnims o( all pe?sons wl?omaoeuer; and tl~at anid land ia f
ree
and clear oJ all encumbrances ~
~
;.s.~
~t
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~ ~~V~~ ~~w~s~ fhat i~ suid neortgagor ahaU pay unto said mortgogee the certain promia-
sory nole he?eina~ler substantially copied or identtjted, fo-wit:
{
i lNSTALLM ENT NOTE ~
~ 10 , OOQ . 00` Fort Pierce, F~oria~, Se~tember_ 13 _ ~ q 72
For value received ~v~, ;oir~tly and severally, zs principal promise to ~ay ~~iihout d~~_~'.cation to th~ orcie*
FIRST PEOPLF.S BAP~P. OF FORT PIERCE, a Florida banking corporation,
~f _ _
ar the office of said payee in Fort Pierce, Florid~, the s~m of
TEN THOUSAND A~iD NO/100-----a
_ D~L~ARS '
~vitF~ interest from dnte at th~ rate of eic~'nt (8) _~o per annum, in m~n;~~;y ;.z;t3!'m~nt~, p~y~b!e as foflow~, to-
wit: _-----$2d2. 77 DOLLAQS, on the lst day os October - , 1972__ ~
and $?~2 • 77 DOLLAP.S, on the _Zst d~y of esch succeeding month there- ,
s
after until the who!e sum named is pa~d. together with 1/12th of the yearly property taxes ~
and insurance rremiums.
Each instaRment first shall be app!ied in payment of the inte:est and then on the unpa;d tra~ance of the principal sum. iF default is made ~
the payment of any instailment when due, then, at option of the payee ail the remaining instafiments shal{ become due and payabte a! o~ce. Privilege ~
~s given to pay two or more installments at a~y time. ~
Should it become necessary to coilect this note through an attorney, either of us, whrfher maker, s~~ety or :ndorsar on this nete, he~eby agrecs ~
ro pay all costs of collecr~on, including a reasonable atrrrney's fee.
The makers, sureties and indorsers hereof severatly waive presentment, protest and notice of protest for non-payment o~ this note and ayre_ (
that the time of ies maturity may be extended before or after mafu:ity and do funhe~ severally agree to any renewal thercw4 before or a:ter matu:ity, ~
v~~rhout notice of them.
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(S State documentary - _ ~sEA~~
stamps attached to original • •
note and cancelled) _ _ _ _ ~sEau
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