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HomeMy WebLinkAbout1932 i~ . 'i ~o ~iaue and to ~otd 1~~e san~r, IO~PIItP~ u~il{: fhe tenemenfs. ~~erec~ifamenls aru~ uppurle- ~ uo~i~~s JIIPIPIO ~~~~on~ing, and Ihn rents, issues an~ prolifs l~~ereo~, unlo Ihe mortgu~es, in ~pe SI~tIFI~p. ~ ~ ~Lllil Ihe ?nu?tgayo~ covenanfs u~ith tl~e mo~f a ee that 1he mort a ur is Inde eosi6l seiz~l o saed sg ~g r y ~ j ~an~ in jPP simp~e: Itiat fhe mortgogor ~as good ?ig~t anc~ jawlu~ au~hortly fo convey satd ~nnd at a~ore- ~ saic~; Ihaf Itie mortpagor u~i~l make auc~ (urlher nssurances [o perJpct fhe (ee timple Nfls to tait~ Ia~d in l~e I morlUapee as may .~:onably 6e requi?ec1: tha! the mortgago~ hereby Jedly warranb 11ee ttlle to said lond 1 and u~ilf de~nnd Ii~e snme nguinst the IawJul claim~ oj a1l penons u~l~onuoever: ond that anid land ia jree and c~ea~ oj a11 encumbr~ances ~ ~ 4 ~ i i ~ :1 . ~ ~ . ~rou~ded ~iways, i~nt i~ said mortgagor shall pay unto snic~ morfgagee the cerlain promis- ~ sory nofe ~ereina~fer su6slnntially copie~ or icrenfi~ietr, to-wit: - - - - _ ` ~ _ - - - 6~0lNl.00 Fort Pierce, Florida Auqus t 15 ~q~_ S- . For value reoetved, 1, we or either of us, promise to pay without defalcation, to the order of - 7A L SWIFI' ' at 301 No tlth Fort Fierce, Fla. ~ the sum of ' Si~t thc~and and No/100------- - -------UOLlARS with interest from date at the rab uf ~9 % per annum, in the ma~ner following: ;~~~~~„ts ~Seventv f ive ded.ta rs on Se~t e r 5, a a like sum on the conespond- ing day of each like succeedina mot~a~ thereafter until the whde sum shall be fully paid with interest at R- 9 96 on the unpaid sums from time to time owing. _ (Granting option to the promisor the right of prepayment without penalty, and option fo promise to adc~ inte~rest charges on all wms in default. Each i~taHment first shafl be applied in payment of the interest and ihen on the unp~id balance of the principal s~m. If defauh is made in the payment of any instaliment when due, then at thP option ot the holder, am! with- out any other notioe, all the remaining +nstallments shall be due and payable at once. Privilege is given to pay two or more instaltments at any installment maturity date, but this shall not extend the time of matu~ity of any sutr sequent installment. Neitfier forebearance, rwr acceptance by the holder hereof aNer any default in any payment hereo~ shaN be deemed extension. i, ; Each maker, surety and endorser hereof, joi~tly and severally, waives demand, presentment, protest and ratice of i protest for non-payment and fvrther egrees to any extension of time of payment, either before or after maturity, ! without notwe to any of us; and to pay all oosts of eoilection, including a reasonable attorr~ey's fee in the event of arry defauft fiereunder, and hereby sewefa!!y waives all benefit of homestead and exemption unde~ the constitu- ~ tion and laws of each State of the United States, as against this obligation or any extension of renewat hereof. i Witness the hand and seal of ead~ party. ; Stamps affixed to reoorded oopy. ~ ~~4' ~ Donna C. I~ller ~ _ F ` 80Qi( ( PAGf 1~7~4 ; ' i ~ ~~~<S;~ ~.-,°_a..~,e~,~.. ~ w . - I'I a' . ~ - m