HomeMy WebLinkAbout2893 ~0 a~ Iha snme, togelho~ with t{~~ t~nements, her~dita~nenls and appurfa-
nanc~es ftie?tfo ~e~onging, and !he renf:, issues and p~o~iti fh~?~oj, unto f1?• morfgago~, 1n ~ot simple.
~ the morlgaeor covenant~ u~ttl~ t?~e mo?tgagee tl~at tl~e mortgago? is indeJeasi6ly r~iud of said
~and i~ (QS ~imp~e: t1~at fhe mo?tgago~ hm good ?lght and ~uwju~ null~o?ity to rnnuey aafd land m a~oro-
:a1d; fhaf the rnortQogor wil~ mu~ee auck ~urther assu?ances fo pe?fecf tha jos stmp~e fif~e to said land in the
morlgngeo w may rewonably be ?+equired; that the mortgagvr I~ere6y /uUy u~a~nt: tl~e tltle to said land
and tutl~ de%r~d the sanee ngatn.~t llee law/ul clutms o/ all persona whornsoeue?: nnd that aaid la?ul is Jree
anc~ clear o/ alI ~ncum6rances ,
(description continued from first page)
outstanding hereunder; provided that the maximum principal amount
o~f monies so secured shall not exceed $65,000.00 at any one time,
and provided further that such advances or loans shall be evidenced
by separate-written instruments to invoke the terms hereof.
THIS IS A FIRST N~ORTGAGE.
. n
~V~ 7~~~5~ tkat i~ said mortgagor shall pay unto said mortgagee t{~e certain promis-
sory note tiereinaf ter su6staR~tally copied or idenli jied, to-wit:
s10.00 Fort Pierca. Florida J~ 4 1973
FOR VALUE RECEIVED~ the undersigned. jointly and severally. promise to pay to the
order of ~Ora J . SkBggo
221 Second Strest at Paintsville, K,entucky
the principal sum of T~ ~d t1o/100• - - - • - - • • - • DOLLARS, with
irrterest at the rate of ei t per cent per annum from ~Ce until
paid, in installments as lollowa:
. 0~11 OR BEFORE SIX IYpN't'H~S HEREOF.
Right of prepeyment, in whole or in part, ~vithout pewlty, is
hereby reaerved by maker.
`v S -,ATE ~o~ FLORID~ ~
o DDtt~Al1ENH1R1f STAMP TA~ ~
~r OEPT. Of REVERUE ~
"cCi - PL ± JU~ •6•1~ . : O O. ( J I
= ~iat 1
p •rw
If any installment be not promptly paid within 30 days next after the same be-
comea due. then~ at the option of the holder hereof, the full amount remaining due vpon
th{s note ahall thereupon become due and payable at once. together with sll other indebt-
edneas atipulated in this note and in the mortgage given to aecure the same.
! The makers and endorsera of this note further agree to waive notice of non-payment,
proteat and demand for payment, and in case suit shall be brought for the collection
hereof or the same shall be collected upon demand of an attorney, to pay atl expenaea
of such collection, including a reasonable attorney'a fee thereon.
PLEASURE COVE I~OBILE IiOME PARK,
15~ documentary stamp attached
to original and canceled. ~1C. (SEAL)
By: /s/ SPENCER B. GIL~~'£)
pencer . ~ilb-er~;
Pr~sident
~ pAA Attest: ~8~ ERNESTINE S. GILBE
~QCN 214 PAGf ~C7y1J rnes ne , e-~ ~AL>
Secretary
- (SEAL)
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