HomeMy WebLinkAbout1701 i~fiVe ~ W 1W11~ the aame, togel~er wtth tke tenemenb. her~itamenta nnd appurte-
nances thereto 6e~o~ging, and fhe rentt, tssuee and pro~itt thereo~. un10 t~te mortgsgr~ .tr1 (e~ stmp~e.
~ the mortgago~ covenanta witl~ the mortgagee thnt !1?~ n~ortgago~ is indejeastbly aeized oj ~aid
Iand in /ee sirnple: that the mortgugor hna good rigl?t and Iawjol 4utho~itr ta c~onvsp aa~d la.ad m oja+t-
satd; that tl~e mortgagar wiU ~ake sucl~ /urthe~ assunances fo perf~ct the fee stn~pjt fil~a fo said ~and in t~~
mortgu9ee w~ay .e~a.~bly be ?~qut.~d: d?at the mortgagor her+eby /ully warrnnb the tttle to said land
and will de(end the same against the law/u! clati?~a o) aU penons wl?omsoever; and tl~at s~td Iw~d L/roe
and c[ear oJ al[ encumbrancea except as noted herein .
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~l'OUII~ ~IUIIyS, thae tj s~d morigaeor :hall ~xiy unto said mortgagee el~ ~na~
sory note hereinn(ter sa6lrnR<<ally copiecl or ~den~tJted. to-wlt:
INSTAILM ENT NOTE
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! 4648.55 ~iowober Z8 t9 '72
, 5- _ Fort Nierce, Fiorid~, .
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~ For value received v+2, jo'sntly and severally, as principal promise to a3y v: ithout defa!cation to the or•~e~
, f OODY L. B~ILEY and GAOLYI~ 1? t- HJ~IiEY~ _ hi~ ~±f !e _
at the office of said payee in Fort Pierce, Florida, the sum of .
1~+OtIR THOVSI~?~tD _~_~_RED__~BTY_~~3~T_ ~nd 5511_Q__QLh~ a~uA~s
with interest from date at th~ ~atti ot ~i~L ~8~~_% per annum, in month,y ir~i~l:rnznts, pay~b'.e as fo'f~v,,~: to-
wit: ~35~00~------ DOLLAE2S, on the_ lOtY1 day of __Ja?l~iirY----- 19._ 73
and ~35 _OQ_______ _ _ _ _ _ DOlLARS, on the _ _ 1~~ d3y of ea:h suc:eeding month t'~?sre- ~
after until the whole sum named is paid.
fach installmrnt first shall be applied in payment of the interest and then on the unpaid balance oi the principal sum. If defauft is made
the payment of any instaiiment when due, :hen, at option of the payee a11 the remaining instatiments shall become due and payab:e at once. Privit~e
is given fo pay two or more instalJments at any time.
Should it become necessary to collett this note through a~ attorney, ei:her of us, whether maker, surety c~ indorser on this note, hereby agr._~s
to pay all costs of totlection, including a reasonable attorney's fee.
The make~s, suretics and indorsers hereof sevcral~y via;ve presentment, protest and notice of protest tor nore-payment of this notc and agre,
that the time of its maturity may be extended before or after maturity and do iurther severa!ly agree to any renewal lhereof ~fore or after :~aturity,
•+virhout no4ice of them.
. (5- ' State do~umentary ~ - _ ;seat~
stamps attached to originai
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note and cancelled) --~~~i~- 9
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