HomeMy WebLinkAbout2980 ~o ~tue ~nd to ~totd the same, togethe~ with the tenemenli, kwei~iiainea~~ and appwte-
nances ltiereto be~onging, an~ fhe renfs, isaues anct pro~ifs thereoj, unto fhe mwtgagee, tn jee simp~e.
~i1~Il fl~e morlgagor covenanfs wifh the rnortgngee that t~~ mortgagor is lnde~eo,ib[r aeized o~ aatd
Ianc1 in ~ee simp~e; ff~u! !he mortgago~ ~as good tigRt and bw(ul aufhorify to convn? ~id Iand aa a~ane-
satd; thnf Il~e mo?tgago? wi~l ma~e such ~urthe~ waurances to per(ect the fee ttmple ttf~ to satd land in !he
moHgagee aa may reasonably be required: that the mortgagor here6y Jul~y waminb ttis ftt~e fo ,otd la??d
and wil[ defend the same agatnst the Iaw/ul clain~s o/ a!1 peraons whomsoever; nnd that auid land la /r+e~
•~d tie~ oj aIl encumbrances except taxes accruing subsequent to December 31
1972.
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i ~rouided ~ltways, Ihat i f said morlgagor shall pny unto said mortgugee fhe certnin promia-
sory note hereinaJter :~6stant~ally copied or ic~enti~ied, fo-wit:
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I ?ROV~SSCRY \v~L
~ -1 75u.OC ~
, For.. Pi~rce ,...or::~a Nove.mber 3 lg 7 2 ~
_ - _ - ~ac~~veu, , we or ei ~ :e~ o~ us, _~ro~ se to ~ay, wi ~::out na~a~cario:.,
~rc:ar o~ KENNETH L. PciILLIPS and ;KARJORIE A. PHILLIPS, his wife
_ a~ 5 Sun~ise Bou evar , ierce, ori a
- _ S~. Lucie County ,~ze su.;. oi THIRTY-THREE THOUSAND SEVEN
:I,TY a~d NO/100 ~O"LARS
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~._...,:_~s.. _~o.:, aa~e a~ t::e ra~2 or seven per annum, in annual
_ ~ :~5 as ao~~~ws .
su.~~ of $4,Ft2i.43 plus 7$ interest on u:~paid balance due November 3, 1973
a ~ike s;;m o~ $4821.43 plus 7$ interest on unpaid balance due on the
~ay of ~ovember of each succeeding year thereafter, until paid in full.
~:s ~w~~ ; e:~ s: a'_ : f irst :~e applied ir. pay:,?er.t of tr.e teres ~ a:.n t:~e:. c::
~i:; ~G.rG :ce o~ tr.e ~r-~nci~al su.-n. If default is made in tne paymen~ o~ G:,y
~•r :e:. uue, ~:en at t:,e option of ti:e holder, and ~a~~:zoLt a:.y otr.er
~:.e r~:~,Gi :i:.r ir.stall~r;e :;.s shall be due and payable at or.ce. Priv~-
~s y::.v~_. ~c ~ay ~wo or ::ore install::ents a~ any i:~st~ll ~~ent matur~ty cate,
- .=-:~S ;...ar..'~ :O~ @X~0 :u ?.i~2 @ Q~ ~".2~~Lil"ity G~ d~1~7 s-~:bseque:~~ 2 ~S~d~:.I'i:221~.,
~c~:;,aw~G: :.or accep~ar.ce by the hoider hereof, afte~ a:~y ~efau~t
:e~eo:., s:.a::l ;:.e cee:~.eC exter.sior..
~~c:. ::w:~L~ , surety a: d er.dorser zereo~, jo~ntly ar.ci severally, waives aenG:.::,
~=o;.est ar.c notica o~ aro~est ~or no:.pay:aer.t, a.^.c fLr~ :er Gg-rees ~c
:S:.G: G~ Of pay: @: (:l~'IlE'~ ~J@iQrE' Or aiter .:,aturity, WlZ: OUa'. :20:.~C.:.
....:~J v~. ::3~ ca:.G t0 pay a,Z.~. COS~S Of collection, 17~CZ~sd~r.g a reaso:•c.A~.E: u~.~01'i:~l
t:~ ~va:,~ o~ a:y c:efault hereuader, and hereby severa2ly waives ail ber.~~i~
.:;,::.G~S~~GGG a:.a exe:nptio:~ under ~he Constitution and laws o:: each S~a~e a~ t:.e
St;. ~es , as aga~nst z:zis obligation or any extension or renewal ::ereof .
__~::5~ ~::a : a:d a:~d seal of eac:z narty.
.,~~~.'J.~\TARY STAMPS AFFIXED TO /s/ GERALD S. JAMES (S~~)
ZI GI~TAL NOTE AND CANCELLED .
/s/ JUDY JAMES (SEA:.)
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