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Home My WebLink About1265 ~o ~ue and to ~told Ihe snme, togethe~ u~ith the lenemenls, ~?ereditamen~,t oru~ appu?fe- nances thereto 6elongi~g, and !he rents, issues and pro~its thereof , unto the mortgagye, ie , j~e s{?faple. t~e mortgago~ covenants wifti ihe morlgagee that fhe mo?lgagor is inc,ef easibly ae~zed o( said land in )ee simple: Ihat the mortflagor has good right and lawful authority to convey aatd lond as ajore- said; tl~at the mortgagor will mal~e such ~urther assurances to perJect the Jee simple title to said lnnd in fhe mortgagee w may reasonably 6e required: that ~he morlgagor here6y jully wnrrants tF~e ttlle to said lnnd and will de(en~! the same against tf~e lau~jul claims o( nll persons whornsoever: and that said land is lree and clear of all enci~mbrances i PROVIDED ALWAYS, that if said mortgagor shall pay unto said : mortgagee the certain promissory notes hereinafter identified to-wit : ~I INSTALLMENT NOTE $ 133, 183.34 rort Pierce, F? c~rida July 16 _.1973 For value received we, jointly and severally, as principal promisc: to pay without defalcation to the order of W_ KQ$~GAR~ _ at the office of Bryan and Koblegard, in Fort Pierce, Florida, t E s~u~q,, of One Hundred Thirt Three Thousand One Hundred Ei ht -three ar~,:t3f~d~'s'0 with interest from date at the ratc of eight percent 8; ) per annL:m, in yearly installments, payable as follows, to-wit: Interest onl~ dti~~ on the 16th day of July, 1974; one-half of thc princii~al, plus intere st, on the 16th day of July, 1975; and tlle entire Ualance, plus interest, on the 16th day of July, 197G . Each installment first shall be applicd in payment of the interest and then on the unpaici balance of the pris~~ipal sum. If default is macle in any payment when due, tlie», at oPtion of ttl~ pa~•ec all the rernaini~~g installments shall become due and pa_yable at oncc. Should it become necessary to collect this note tllrough an attorne~~, ~ either of us, whether maker, suret~~ or i~iclorser on tliis noi:e, herel~y i agrees to pay all costs of collect-ion, includinc~ a rcasonable attc~-ney's fee . i j The makers, sureties and indorsers hereof severaliy waive presentmE~nt, ~ protest and notice of protest for non-paymcnt of ttiis note and agrc~e ~ that the time of its maturity may be extended be~ore or aftcr maturity ~ and do further severally agree to any reiicwal tliercof before or afi_er ~ maturity without notice of them. ~ This note may be pre-paid at anytime without penalty, except that ~io payments in excess of tcaenty-nine percer.t (29;;) stlall be made durii~9 the year 1973, unless the total amou~t of thc note is paid, and no pay~iznts, other than the amount due on that clate, may be mx~cic after .7uly 16, 1975, until after January 2, 1976. The SecuritV for this note is the la~id described in the mortgage, to which a copy of this note is attachecl, and the owners and holders of the note for then?selves, heirs, and ,~ssigns, agree that in the event of default ana foreclosure no deficicncy j~~dgment ~ shall be claimed against the maker of th~ note. ~ ~ S~TTLE & ASSOCIATES, INC. ~ ~ . °~A ~ gy; ; S~AL) ~ State documentary ~ stamps attached to original ~ • ~ note and cancelled) ~ ~ - ~ ~ ~ 8~oK216 ~~~~i265 ~ ~ ~ ~ ~ : _ ~ ~ ~ ' - FI' - ~~V,~ : ~-F`/ ,S' 3 ~ . ~ ~ ~ la~ r .t ~t.~sP_d~"~ ~-.y _ ~ ~~,1i„'.~~•f~'s.~. . . . .r.._ . ~Y:~~ ,~r'e$,.~.