HomeMy WebLinkAbout1376 TO HAVl~ AND TO HOLD the aame toyether with the tenementa. heruiitamenta, and appur-
t~xancea, unto tlas said Mort~a~ee_, a~d her k~ra and aaaiyna, fea aimple.
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AND the anid Mortgayor
s, f
or them n~ the i r h~a, kyd reprsaentativea ~
and a.Taigna ~ovenant with said Mortgagee her keira. legal repreacntativea and
asaigna that said Mortgagor
s, ~ are 1~
f~bly aeized of aaid ia~td in fse aimpte that
the aaid Mortgagor s have fuli powar a»d lawful riglat to convey aaid land i~n ~ee aimple
aa aforesaid; that it ahall be Jawful jor aaid Mortpagee-., her keira, k~ai repreae»ta- _
tivea and aaaigna, at aA timea peacsabZy a»d Qu~stly to enter upon, hoid. oecupy and en~oy aaid Iand;
that aaid land ia free fram aU eruumbra~icea; tllw~t aaid Mortgagors., their ~eira and
legai repreae»tativea, w~1i maka aueb fwther aaaura»ce to perfect the fee aimpls titls to aaid iand
in aaid Mortgagee.-, her Isyai represetttativea and aaaigna, aa may reaso~wbly ba
required; a~td that aaid MortgagorS do. kereby fully warrant tha titla to aaid tand and
wiU defend the same against the lawfui c~aima of ali peraona whomaoevcr.
PROVIDED ALWAYS, that if said Mortgayor S, their l~irs, legai representativea
or asaigna ahall pay unto tks said Mortgagee-, her legal repreaentativea or aaaigna.
' th.a certain promisaory note-, of whieh tke foAowing in worda and figurea is a t~ ~
cop-Y-_, to-~uit: ~
S- 7 s Sdn _ nn Fort Pierce, Florida 1~v , 19-~~-
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For value rooeivad, 1, we or eitfier of us, p~omise to pay without defalcation, to the order of
I~'.AR ~RRlLe17
t
at ~
the sum of Seven Thausand Five Hundred an3 Hof~O~----------- ----DOLLARS
with interest from date at the rate of 8 % per annum, in the manner foilowing:
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! insta~lments shall be $152.0$ ~n T~n ,~~~3 , and a like sum on the correspcmd-
; ing day of each like succeedina month thereafter until tfie whole sum shail be fully paid with iMerest at
~ % on the unpaid sums from time to time owing.
(Granting opfion to the promisor tfie right of p~epayment without penalty, and option :o promise to adcn %
interest charges on all sums in defau~~. This note may not be prepaid until January 1, 1974, end
tbereaFter it me~y be prepaid in Whole or part at any time Without penalty.
Each instaNment first shall be app4ied in payment of the interes~ and then on the unpaid balance of the principal
sum. 1f default is made in the payment of any installment when due, fhen at the option of the holder, and with-
out any other notioe, all the remaining installments shall be due and payable at once. Privilege is given to pay iwo
or more instaHments at any installment maturity date, but fhis shall not extend the time of maturity of any sub-
sequent installment. Neithe~ forebearance, nor acceptance by the holder hereof affe~ any default in any payment
hereon shall be deemed extension. -
Each maker, surety and endorser hereof, jantly and severally, waives demand, presentment, protest and notice of
protest for non-payment and further agrees to any extension of time of payment, either before or after maturity,
Mrithout notioe to any of us; and to pay all oosts of oollection, including a reasortable attorney's fee in the event
of any defauk fiereunder, a~d hereby severally waives all benefit of homestead and exemption uncier the oonstitu-
tion and laws of each State of the United States, as against this obligation or any extension of renewal hereof.
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~tness the hand and seal of each party. / ~ _
Stamps affixed to reo~rded oopy. , ~
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~ . ~ 11~t11 ~cSt; (SEAI)
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a~ • armn
~ and shaU perf
orm, comply with and abide by each and every the atipulations, agreemen.ta, eon-
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ditions and eovenanta oj said promiasory ~rtote-a,nd of this deed, then thia deed and th.e eatats
" thereLy ereated shaU cease and be null and void.
AND tlu said Mortgagor~ for themselves and their heira, legat
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~ representatives and aasigna, hereby eovenant- and agree: .
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~~;K2~4 ~1375
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