HomeMy WebLinkAbout0425 ~0 W~~ 1{~e same, fopelhe~ wifh !he lenemenfs, tierecritanfienfs and appu?te-
nunces fhe?efo I~elonpinfl, an~ 1{~e re~fs, issues and p?o~ils Itiereof, unto !he morlgaAee, in jee simple.
1111~ t{~e morl~agor covenants with the mortgaAee fhaf fhe morlgagor is in~ej~s~6ly seizec~ of sai~
~anc~ in ~ee simp~P: I~~al fhe morlpago~ has gooc~ righf and Iawjul aufl~ority to convey said lond as a~ore-
saic~: fhaf ftie mort{~a{~or u~i~~ ma{re such Jurlher assurances fo per~ect the jee simp~e til~e fo sai~ ~anc~ irt fhe
mortgagee ns may rnasonnh~y be requirec~: ~hai ihe mortgapor F~ereby ~u~~y u~arrants Ihe til~e to sai~ ~ana
and will c~ef
~n~ the same a~ainst Ihe lau~~ul claims o( all persons who~nsoever: and 1{~at saicr ~arul is f ree
ane~ clear o( aIl encumbrances
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~routded ~lways, I~~af i~ saicl mortga~or sliall pay unfo said morlgagee Ihe ce~lain promis-
i sory note ~ereina~fer su6slantially copie~ or idenfiJ~pa, fo-u~il:
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~~0 ~500.00 Fort Pie~ce, Florida Apt11 /~o ~ 19 73
A9 hereinafter s~t forth , we or either of us promise to pay to the order of -
FIRST IiATIdNAL B#NR OF FORT PIERCS
Twenty Thouoand Pive Sundred and no/100------------------------ '
~ Do~IARs
for value received, payabte at 300 SOUth Sixth St.teeti Fart Pierae, ~'lorida
with interest
I~ from ~to at the rate of 7 3~er cent per annum until paid; interest payable ~~rt~ly
~ ; If defavk is msde in ~nY parmenf whe~ dus, then at the option of th~ holder, and without any ott~er notiw all tM ramsinirg babnoe
~ sMll b~ dw and psyabb st once.
!
! Md e+ch of us wheNisr maker, y~ra?sntor or endorser, hereby se+rerslly waives. and renounoes ~rry and aU homestead exemption ri~lds
ws m~y have w~der the Constitution or laws of ths State of Florids, or ~ny otha Stats or United States, as ayaimt this rwtej and each fwther ~
waives dern~nd. raY~a of non-psymu?t and protest, snd in event it bsaomes necessuy to coikct Mds rwt~ throuph an stNOrney, apra~s to pay all
cwn of ool~ec~ion, includ' r~asonabb mwne~s fse.
This note shall~e payable as lollvNS: Iaterest only at 7 3/~t per annvan oa1
July 15; 19? 3, October 15 , 197 3 and JaAUary 15 , 19T ` f S 1, 366 . 67 plus interest
of $397.19 on April 15, 1974= a~d thereA~trx, aonaeenainq on July 15, 1974,
fifty-tive (55) equal, eucaessive qussterly installmente o! SS63.00 inalu-
dinq interes~ at 7 3/4~ per annum, sai8 inetallments boinq credit~d first to
intereot and th~n to priACipa?1. and one final installaiant o! $552.72, inclu-
dinq intereat at 9 3/4s par annwn, said installment being credited firet to
interest and then to prinoipal. privileqe of prepayment a~ any time Without
penalty is qranted.
FZRST BApTZST CHURCB OF 1~ORT PIffitCS,
~ INC.
~ -
~ . BY: S/Ralph G. Hays ~al)
~ ~~o. Due ATTEST: S/Jo ce Calvert (Seal)
SfRex W. Nelson (Seal)
-3rreasurer
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i~ ~0~2~3 p~ ~25
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