HomeMy WebLinkAbout0860 i, .
30 ~we and to ~old I~ie same, foget~~N~ wifh 1{~e fenemenfs, he~ecritamenb an~~ appu?fe
nanres f~~erPlo ~~P~on~in~. nn~~ fhe rnnfs, issues ancr pro~ifs the?eo(, unfo the morfgagee, in ~Pe simp~e.
~n~ the mo?Igagor ~ovei~ants with the mortgagee lhat the mortgagor is tndefewi6ly seized of snid
~ land in /ep simple: Ihal the mortgagor hw good rlght and Iaw(ul aulhortty to convey said land as ajore-
~ snid; that ~I~e mo?t~ago~ will make such ~urlhe~ assurances to pe?/rct the fee ~imple title to snid land in !he ~
mortga9ee as m~y reasona6ly 6e required : thnt the mo?Igagor {?ereby f ully wanants fhe title to said land
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+i and u~ill dp~end the same against Il~e lau~f ul claims o( all persons whomaoever: and that said land is (ree ~
~I and c[ear o( all e?uum6ronces ~
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~ ~ro~uided ~lways, fhat if said mortgagor shall pay unto said morlgagee fhe certnin promis-
I sory note hereina~ter substnntin~~y copied or it~enti~iec~, to-wit: +
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$ 2,500.00 Fort Pierce, Florida July 10 lg 73
FOB VALUE 1tECEIVED~ the undersigned~ jointly and severally. promise to pay to the
order of FIRST NATIONAL BA.~1K OF FORT PIERCE ~ ~
P. 0. Box 970 at Fort Pierce, Florida 3345G~
the principai aum of ~0 THOUSAND FIVE HUNDRED and Ao/lOODOLLARS, witr.
interest at the rate of 8 1~2 per cent per annum from August 1, 1973 unti: i
paia, in installments as foliowa: ~
; Interest is to be paid in quarterly installments commencing
s ~ovember 1, 1973 and on the lst day of February, May and _
; August, 1974. The principal of $2,500 is due and payable
~ on or before August 1, 1973.
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~ A late charge not exceeding S% of the delinquent interest and/or
principal payment shall be added to each payment remaining un-
~ paid five days after its due date, and a like sum shall be added
~ to each such payment remaining unpaid five days after each
~ succeeding payment date. .
The maker reserves the right of prepayment at any time without ;
penalty, in whole or in part.
If any installment be not promptly paid within ~Ve__ daya next after the same be-
comea due~ then~ at the option of the holder hereof, the full amount remaining due upon
this note ahall thereupon become due and payable at once, together with all other indebt-
edness atipulated in tnis note and in the mortgage given ~o secure the same. ;
~ The makers and endorsers of this note furth er agree to waive notice of non-payment
~ protest and demand for payment, and in case suit 9hall be brought for the collectior~ 3
~ hereof or the same shail be collected upon~demand of an attorney, to pay all expenaea ;
- of such collection. ;ncluding a reasonable attorney's fee thereon. 1
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~i S ta te documenta ry s tamps in the
~ amount of $3.75 attached to ~S/ RONALD R. ALBERTS ~SEAL)
original note and canceled. Ronald R. Alberts
s
~°g_._.: /s / SANDRA ALBERTS _ ~SEAL)
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Sandra Alberts
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(SEAL)
° ~ 216 860
d00K
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