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HomeMy WebLinkAbout1112 I! ~o ~iaue and to ~iold t~~e snrr~c•. foypf{ier wit{: Ihe tenemenls, {iere~ifumenls ant~ appurle- ~i ~I niu~ces 1~~ereto ~~~~on~~ing, an~~ 1/~e mnts, issues ari~t profils l~iPreo~, tmto !he ~norfgagee, in jee simp~e. li ~nd the mort~anor ~oa~P~ianfs w~eh ~hP mo~tgagee Ihat the mortgago~ Qs irtc~eJeati6ly seizec~ of said 1~nd in f~•e simplP: ltiat 1{~e mortgagor has good right an~ ~au~Ju~ authorily to convey saitl lancl as a(ore- ~ said: lleat Il~e mortgagor wi~I ma~re such furthe~ assurances.lo pPrjt~ct fhe fee aimp~e tit~e !o said ~unct in !he I morl~a~ee as may reasonably be required: thal Ihe morlflago~ F~ere6y jully u~a~rants the title !o Satd iond I a~ul u~ill cle(c~nd ~he same aflai?isl thp law~ul claims o( n[I persons whomsoever: and tJ~at said Iand Is /ree ~ ~~?~I ~IPa~ a( all enrumbrances except taxes accruing subsequent to December 31, ~ 1971. I _ ~ f i ~ I ~ ~ ~rouided ~lways~ thal i~ said morlgngor shall pay unto said mortgagee the certain promis- 1 sory no[e he?eina~ter substmitia~~y copiPC~ or ir~enfified, to-wit: l S 5~ 000. 00 Fort Pierce, Florida S~p~a~= 14 , 19 7Z : A$ SpBCITIED SBI~OM after date, I, we or either of us promise to pay to tt~e order of o. M. g~oicic ana ava? ~zcx, nis wi~• ~~O~~ARD fW~ A~l~OOw.~~~~~~~~~~r~~~~~~~~~~~~~~~~~~w~r W~IJ1R~ . for value received, payable at 1~0~ 1/2 80uth 41at Stl'Nt Tt. p1v~c~ i 1?loZlda 33450 with ~nterest from ddta at the rate of 8 per cent per ennum until paid; interest payable u~~~ed bolov. If defauh is msde in any paymcnt when due s~d wntinues for 30 days, then st tFe option of the hoWer, and wNhout any oNxr notice, ~ all the remaining balancs shall be due and payabb st once. Md tach of us whethe? maksr, gw~antw or endwser, hereby sevcrally waives snd renounces any and all homestesd exempt'ron rights ~ we may Mve under the Constitutan w laws of the State of Flaida, or any other State w United State~, as against this note; and esch further w~ives dem~nd, ratice of ~wrrpaymeM and protest, and in event it betomes neceuary to tolled this note through an sttwney, ~grees to psy aU cosri of collection, including reasonable attorney's fee. Thia note msy M prepaid in whok or in p~rt st any time witha» penaky. . tut~r~~t •hall b~ payabl~ in ~anthly ia~tallawnl.s comMacinq on ~ Septs~s 15 . 1l7Z, atid cxustinuinq tbtouyh l~brut~cy 15 , 19~3. ~ ' ~a th~ latt~r Qat~ a principal pay~asnt of a1,S00.00 sh~ paid ~ and ttt~reait~r ~ncnthly in~tallarnLs o! i100.00 •aab ahall b~ paid on rtazoh 15, 1,7~, aAd a lik~ ~ua oa th~ corn~poadinq da?y o! ~ ~ •ach suac:~~nq ~ontb lh~s~att~s uatil th~ r~a+ainiAq balaac~ b~ ~ lully paid. Com~oinq on March 15, 1l7~, •ach in~t~llar~at ~ shall lirst b~ applied to paymeAt o~~iatarest and th~n on th~ ~ unpaid balanc~ o! ths principal •um. ~ ~ ~ ~ , ~ a i f i i i ~ t ~ S/ GERALD A. KEPHART /Q 1 •Q~' ; ra . ~p ; ; S.f EVA H. KEPHART sEn~ ; G • ' No ove SEA~ 8+J%M ~~A~ ~ f E , ~ ~ _ ~ _ . ~