HomeMy WebLinkAbout0479 I; t ogether u~ith the tenements, hereditamenls aR a urte-
" ~o ~aue and to ~iold he same. ! a pp
~ nances fherelo be~onfling, anc~ f{~e ?ents, issues und profils fhereo(, unto t{~e morfgagee, in ~ee simp~e.
~nd ~he morlgagor covenants with the mortga9ee that the mortgagor is indeJe~~6ly seized oJ said
Ianc~ in Jee simple: t{~at the r?tortgugor I~as gooc~ right and law/ul authority fo conuey said Iand as a/ore-
saic~; thaf the morfgagor wi~~ ma~re such ~ttrthe~ assurances fo perfect the jee simp~er tit~e fo said ~and in ftie
mortgngee as may reasona6ly 6e required: that tl~e morlgagor leere6y /ully wnrranis the title to snicl ~ancl
an~ wil~ c~e%nd the snme ngainst tl~e lnw~ul c~aims o( all persons w{~ornsoet~er; and thut sai~ ~anc1 is ~ree
and ctear o~ aIl encum6rances except taxes accruing subsequent to December 31,
1971.
PROVIDED ALWAYS, that if sa~d mortgagor shall pay unto said
mortgagee the certain promissory note hereinafter substantially
copied or identified, to-wit:
~D ~ 2 !
,~26.OOO.JO Prrt__ierce. Florida, October Lb . 197
For value recsiwd. I. w~e or eith~r of u., proniee to pay, vitlwut D~~alca-
tion. to the order of MIRIAt+! R. JBFFRSY aad ST. LUCIB COtAi'PY HABK. As
Trustees o! th~ Truets czeated und~r t2se Laet Nill and Teata~t o! PAUL M.
J$FFREY. Decea~ad, st P.O. Box 8, Fort Pf~rc~, Florida. 33450, tho swa o!
TwffidTY-SZX T~OUS1~?~tD DOI.i~RS, with interat from date at the rate of 796 per
annum, in annual inatallmaats aa Bollaws: $5.250.00, plus iAttrest, on the
lOtb day of Octob~c. 1973. at~8 a lik~ •ue, plue interost, oa the oorrae-
pondinq day o~ each year tbareafter until the whole be fully paid.
If default ia u~d~ in ttls~ paya~e~t o! any inatallmsnt w2~a aue, then at t2se -
option of tha hold~r, and Nithout any otb~r mtics, all the r~saininq in-
stal~menta ehall b~ due and payabl~ at oacs. Privilsqa is qiwn to pay t~o
or nwre install.a~nt~ at ariy installa~t maturity date, but thfs shall not
extend the'ti~ss of siturity of any subs~qn~nt installsant. ~Teither for-
bearance, ~or acesptancq by t2~e holder h~aceof after any detau~t in any
payment her~, sball bs d~emaS a~ct.~nai~on.
~ Each maker, surety a~d ead+orser hereof, jointly and eeverally rraiv~s de-
mand, present~sent, protest and notios o! proteet for noA-pay~seat, and
further agrees to any extenafon of tis~ of payiaent, either b~for• or attsr
n~a?turity, without notfce to any of u~~ and to pay all ooets of o~llection,
inclndinq a rea~pn~abls attorney'a fee in the eveont of any default hereunder,
anc3 hereby sev~rally ~raives all be~elit of ho~+meetead and exetnptioa nnder
the coastitution aad la~rs o! aach State o~ the IInit~d Statas, a. against
this obliqati.on or any extension or re~awal hereof.
prepayment at any tims, witbout penalty, is hereby grantsd.
witnese the ha~csd and seal of each party.
00 -
S~~-~" -.Stat~ sta~ep~ alffxed i~1. K. CoxE RFAIl1'Y, II~c.
to ~e aad cancel2~! .
~ M v r ~~..c e
~ M~~~ ~ . (s~u.1
K. K. Coxe, Prsaidaat
ATTffiT :
~ DO=ie H. ODx~ (SFAL) ,
Doris H. Coxa, Sacratary ,
~iIOK~V ! PAGE 4 (~7