HomeMy WebLinkAbout1548 ~n ~iaue ~nd to ~iotd llie surne. togefhe~ with t~~e fenemeiils, hereditoments ant~ appurle-
' , ~~unc~s f{~pr~to l~~•~an~ir~g, an~~ f{~e renls, tssues an~ projifs lhereo(, unb l~ae morlgoges, in ~ee aimp~e.
the mortf~uqor co~~ereants with the mortgagee 16at !he morlgugor is inde(ewibly :eized of said
~ land in j~e• simplP; tleat Ihe r?~or18n9or ?~w good rtgl~t and law/uI authoHty to convey aaid Iand eu a/one-
~ said; ~hat the mort~oao~ u~ill make such ~urthe~ assura~ces to per/pct the jee sirnple tttle to suid Iand in tl~e
( mort~agee as may reasonably bc~ required: il~at the mortgagor here6y (ully warrants the title to satd loRd
an~i u~ill de~end ihe same against the lawJul clai~ru oJ a11 persons wl~omsoeue~: and lhnt said land is jree
and clenr oJ a1l encumbraaces
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~rouided ~tways, t{eat e f sai~ morigagor shajl pny unto snid mortgagee f~e certain promi~-
! sory nole tiereina f ter subslantially copie~ or idenfi~iec~, to-wif :
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`3' s_ 5.000.00 Fort Pierce, Florida MeIT 21, , 19__~ ~
For value received, t, we or either of us, promise to pay without defalcation, to tfie order of
I~ B. 1~LIi0Q4 ana . 1~f~D~, Hs ~rife .
at ~~"S~ °l ~y. ~rwa r* « rct ~~q . _ -
ihe sum of ~~D ~ Y0~1~ LLARS
wifh interest firom date at the rate of 7 ~ 3/~ % per annum, in the manner following:
sont~r
insiallments shall 6e ~~Z•~ or?~~~ oZ 1. ~3, and a like sum on the correspond-
i da q like sucreedina~ thereafier untit the wt?ole sum shall be fully paid witfi intereat at
~ 6 y3/~ unpaid sums from time to time owing. ~ Olr ~EPA2l~i' ~ffiSYED. ~
(Granting option to the promisor the right of prepayme~t without penaify, and option to promise to adc~ 96.
interest charges on all sums in defauit. -
Each instaHment first shafl be applied in payment of the interest and then on ihe unpaid balance of the principal
sum. If default is made in the payment of any installment ~vhen due, then at the option of tha holder, and with-
out any other rwtice, a!1 the remaining installnnents shall be due and payable at once. Privilege is given to pay two
or more instaNments at any installment maturity date, but this shall not extend the time of maturiry of any sub-
sequent installment. Ne'rther forebearance, nor acceptance by the holder hereof after any default in any payment
hereon shall be deemed exte~sion.
Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment, protest and notice of
~xotest fcx non-payment and further agrees to eny extension of time of payment, either before or after maturity,
without notice to any of us; and to pay all cosis af oollection, i~cl~ding a reasonable attorney's fee in tfie event
of any defauk fiereunder, and hereby severally waives all benefit of homestead and exemption under ihe mnstitu- ~
tion and laws of each State of the United States, as against this obtigation or any extension of renewal hereof.
Witness the hand and seat of each party.
Stamps affixed to recorded copy.
/~l I+ors~eoa~ L, ~orn (sEa~)
- Ls~rs~ence . orn
Bsa~ia~ CL6Dos~ tsEAt)
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- ~ Poo«2Z4 ~~F~547
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