HomeMy WebLinkAbout4043 I 30 }1~u,e ~nd to ~otd Ihe same, together w!!h the fenemenfs, kereditumenla cnd appu?fe-
?iances lhe~efo he~anging. un~ f~e rents, i:sues ancr pro~ils fhereo~. unto fhe mortgagee. tn f
ee iir^P~°•
~ the mortgago~ covenants wilh !~e mortgagee fknt f~s reto?f8agor is indelea~bty seized o~ sn[d
~an~ i~ ~ee aimp~e; lhat the morlgago~ ~w g~ ~9ht and ~awju~ aui{~aiity to rnnvey ,a~d l~d as olore-
snid; II~a1 1he mortgagor will malee such (urther waw~ances to Perf+~c~ ~{~e !ee simple ttlla to suid ~and tn tke
mortgagee as rreap ?ea+ona6ly 6e requi?ed: that (he mwtgago~ he?eby ~u~~y wartnnli tke llt~e to sat~ land
and u~ill defend Ihe swne against 1he law(ul clni~ru of alI penona wl?omaoever; and thnt aatd lancl ia j?~w
and clear o( alI encumbmnces
~V~ ~~s~ that i` aaid mortgagor ~hol~ Pay unto said mortgagee ihe certnin promis-
aory note l~ereina(ter .~?b.ea?~~~ally co'P~e~ or identi~ied, to-wit:
S ..2, 250.04 gt. Pierce ~«?ea ........~December ..~:z.. ~s ~2
fOR VALUE RECEIVED fh~ undersi9ned promises fo psy to tl~e order oF
JOHN CLYDE STEPFIENS, SR. ~nd STELI.~ R. STEPHENS, his wife,
_ . . . . _
TWO '1'HOUSAND TWO H'~INDRED FIFTY & NOf LOO oo~~a~s (S 2~ 250 . 00 ~
she pr~ncipal sum of. . .
royethe~ with intwesf fhereon (rom date. at 1he rafe of ~ •••..per ceM, per ...~n~.... ...until matur~ly. sa~d ~nteresl
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SEE BELdW
t+e.n9 vavable _ . . on the _ daY oI _ _ and . _ . .
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each year, bo~h principa{ and imerest being pavable lawful money ol fhe Uniftd States w~ts equivaimt, al ~
.......sa~d pnncipal sum to be paY~bk on tl+e dates and in the amounts speuf~ed below. to-wit
. _ . .
~ -The aum of $1,000.00, plua interest accrued, beinq payable
; on~April 30, 1973, and the balance of $1,250.00, plus interest, ;
; ahell be-payable on April 30, 1974. '
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; Privilege ie reserved to prepay thia note at anytime Without i
; - penalty. '
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~ Each maker and endorser severally waives demsnd, pro~est and nof~ce ot msturifY, non-psyrne~t o? protsst and all requiremenfs necessary ro hold each o(
~ = them Lable as makers and endorsers.
Eacn maker and endwser fur~her agrees, ianlly and sevaallY, to pay all costs of cdkNion, includiny a reasonaWe aHornay's fee in case the principat o(
~ - ~h;s ~ote or aaY paYment on tl+e principa{ a any iMeresl tF~ereo~ is nW paid at Ihe respectiv~ malwitr IhersoF, o? in case it becomes necessary fo protecf 1he
~ s~_~cu~~ty hered, whether suit be bougl~l w no~- '1$ "
This notc and deFerred inle,te~~y~ts shall bear interest at Ihe rate of ...........................pe~ cenl, per annum from matwify umil pa~d. i
~ Th~s nde is secured by a ti... GO. -.....-.morlgage oF even dale herewith and is 1o be construed and enforced accord~ng fo tfie laws of i1x State of Fbr~da:
~ uoon deiaulf in the paymem o1 princ~pal a~dlor ~nferesl due on any nofe secured by said Mwt9aye, all noles so setured arrd remaining unpaid shall iorthw~lh
become due and payable notwithstandiag their tenot.
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