HomeMy WebLinkAbout0889 30 ~ue nnd to ~old !he same. foget{~er wilh tke fenemerits, kerecrilamenti snd appurfe-
nances t{lP~PIO he~on~in~, and flte rents, issues and profifs t~ereol. unlo !he morlgngee, tn ~ee~ simp~e.
~ 1he morlgaflo~ covenanls u~ilh the mo~tgag~e tha! !he morlgagor ls inde(ea,i6ly seized o~ said
land in Jee simple; thAt the mortgagor has good right and laurjul ~authorily to convey ~oid land at afore-
snic~: fhot Il~e morfgapor u~i« ma~e sucti Jurlher nsauronce+ to per~ict 1~e lee slmple tille fo ~nic~ Iand in the ~
mort~agee as may reasonably 6e r~ui~ed: that the mo?lgago+~ he~6y Iully wn?.nnr. tke title to aatd lnnd ~
and u~ill deJend the snme against the law~ul claims of all parsons wl~omaoever; and tl~ot said bnd t~ J.~e ~
and clear oj a~l encum6?ances
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~routded ~tways, f~int i~ saic~ mortgagor sl~al~ pay unfo said morfgagee the certain promis-
sory note hereirwjter su~,stm~tin~~y copiea o~ i~~entifiec~, fo-wif:
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s........_. .2.,..7..QQ.....00 Fort Pierc~,a,~ ........Ju~e......---................. ....~9 7.3
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FOR V/1lUE RECEIVE~ ths undersipned promises to pay :o the otder of
~ _ _John....CQllumb.._.and...El.i.zabet,r._..M......CQllurab.,_.. his . wife. . _ . . . . _ 4
~he p.~nc~aa? :„m or.....two.._thousand seven r.undrzd dollars and riOf.~OQ.._._pounrs (S
_ 2, 70Q. 00 ~
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tope~her wiih interest thereon (rom date. st 1he rate of ..............._6.'.°...................._.._.........Per tent, .annum sa~d ~ntrrest
, ~~~o ~Yaw....See Below........«~ ~ne .
. - _ .day o( _ _and......--
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I each year, both principal and intotest bein9 payabls in ~awful money of the Un~ted $tates or ~ts equivaient, af .
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~ ....-•••••-...........•-•.............sa~d Drmcipal sum ro be payable on Ihe darez and in the amounts speuf~ed Dalow, to-w~t:
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~ Payable in one lump sum upon completion and sale of the one-story
~ house to be erected upon said property by the buyer.
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Each ma?er and endorser seve~ally wsives demand, protost and nohce o( malurity, nompsyment or prolsst and all requuemsnls nscessa~y Io hold each of,,
~hem I~able as makers and endorsers.
~ _ Eac1+ maier and endorser (w~her a9rees, jointly and severally, lo pay all cos~s of collection, includiny a r~asonabl~ atlorney i fe~ in case the principal of
~ ` ih~s note or any payment on Ihe pr~nc~pal w any iMeresl Ihereon is no1 pa~d at 1he respecliw malurrty thersof, or in cas~ d becomss nsc~ssxy to protecl the ? -
secw~~y hereof, whelher suit be brought w nol. 6
~ Tn~s note and de(erred ioleresl paym~nts shall baar inlerest al the rate of ...per ce~t, per annum (rom maturity unbl paid.
~ . Th~s nota is secu~ed by a.. ........morlgays o( even dale herew;rh and is Io be constrwd and en(wc~d actordmy lo ~M laws o( the Sta~e of flonda:
~oon deiaul~ in Ihs payment of prin~ipal a~dfor ~nter~sl dw on any nWs secured by uid Mwryay~, all naa so sscw~d and rsma,mny unpaid shall for~hw~~n
become dun and psysble nofwitnstandiny fMir fono~.
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