HomeMy WebLinkAbout0019 T,
i
1 .
(
30 ~ue ~nd to ~iold !he same, togefher wtlh the tenemenlt, herecrttnmenls and oppu?fe-
nances thereto belo~:ging, an~ f{~e renb. Issuea and pro~ifs fhereof. u~to !he mortgagee, in (ee simp~e.
~ fhe mortgngor couenanla with !tie mortgngee fhnt ftie mortgagor b tndefwrt6~y seizec~ o~ sait~
land ~n Jee stmple; that the mortgago~ hw good rtght and lnwjul authonlty Io convey ~atd Iand aa a~ore-
said; t~qf 11~e mortgagor wi« make suc(~ jurl{~er msurartces to per(e~c! the ~ee ~impte tit~ to satd land in the
morfgagee as may reasonnb~y 6e requi?ec~; t~at fhe morfgagor he?~br ~u~~y warantt fhe ttt~e to said ~artd
and u~ill deJend the same against li~e Iaw~ul cluima oJ all per~ons whor+~soeuer; arid tl~at s~d la.~d ts J?ee
and clear o( aU encumbrancea EXCEPT taxes accruinq subsequent to December 31
1972, and that certain mortgage from Clyde R. Haupt and Grace S.
Haupt, his wife, to Wallace H. Haupt dated 9/15/72, recorded in
Official Record Book 206 at page 1582 of the public records of St.
Lucie County, Florida, in,the original principal amount of $89,000.0 ,
as modified by that certain mortgage modification agreement dated
7/21/73 and recorded in Official Record Book .2/'~ at page /z -
of the public records of St. Lucie County, Floric~a. It is speci~'i-
cally understood that any default in said first mortgage shall
constitute a default hereunder and this mortgage, or the entire
balance unpaid thereon, shall forthwith or thereafter, at the option
of the mortgagee, become and be due and payable
1 ' j~~~~~
~~V~ II~W~s~ tl~at i~ snid Mort9a9or ~hall ~xiy unro :n~d ~9~ee the`certnin prom4-
1~ ~ sory note hereinaf ter su6stnntin~~y copied or identijied, to-u~it: _ :
~ ` ` .
. ~
t 99.750.00 Fort P~erte, Florida , 19 73
J1S Sp~CIFIBD H$I+~ after date, 1, we or either of us promis to pey to the order of `
i
CLYDE R. Ha1UPT aud GR~1CE 8. H1WPT. hi• Mii~ ;
NINET7[ NII~$ THOOSl~1~tD 8EV~1 BUNDRED ~'I!'1'i no/100-------------- . `
no~uias
- f
for value received, payable at ~~~w+•+ '~i~fa~-~-e~$e~w
a~- ~
de`si~nated n vr ti n~ ~e~e _ with interest °
frc.m dat~ at the rate of 8 per cent per annum until paid; interest payable~T~
If d~favh is made in ~ny psyment when dve and continues fw 30 d~ys, tMn st the option of fke hoJd~r, +nd w)thovt a+y oelw notict, t t
~tl the rema~++~y batanc~ shaU bs due and payabk at orxe. .
Md ach of us whethe~ m~ker, gwrantoi w a~doaer, hcreby serer~lly wa'nes and renwrxes ~ny s~d ~II hannte~d exemp~an riphts ~
we may Iwve ~~der tF~e Cw~stitution or laws of the Sq~e of Ftorida, or any other State o~ Unitcd St~tes, as ~gaimt thii note; ~nd each fwther
waivp d«nand, notiu o1 rwr~p+YmeM and protesr, and in evenr it becane~ neceu~ry to coflect this note throu9h an ~ttorn~y, pnes to pay
~I! cosb of oolkctia+, inclwliny re~son+bk attwney's fee.
n;~ m.y ~~.~~a ~ w~ a M~.~ w,,ho,,, ~~.k,,. , attsr D~a~r 31, 1973.
" All sums in de(oult sholl bear interest ot 10% per onnum. •
i This note ~hall b~ payabls in t~u ~10) equal annual-pay~nta af
' principal in ths au~wnnt of $9,975.00 sach pln~ aaaru~d iut~at,
f aomm~encinq on~ (1} Year lroa the dat~ b~rsol.
~
I
~
~
:
~ ~
i
~ .
;
s
i , 1
'y `
3 - •
3
1
~
- `
_ ~
i
Y ~ ~ PAGr ~as M. Broason
- BUOK
s
1 ,
5
i I~
s
~ . . . . _ . ~ . +~,~-r ..~.,x