HomeMy WebLinkAbout1118 ;i
~o ~iaue and to ~iold f~~e san~e, to{~vl{~er wtl~~ ihe fenemenit, ~etec~ifament: ar~~{ appu~te-
~ na~~ces Ihereto ti~~ongin{~, and the rents, issues anc~ projils Il~ereo~, unfo Ihe morfgagee, i~ ~ee simple.
lZ~ f~~e morfgagor co~~enanls wif~ 1/~e mo~lgagee f/~at fhe mo~tgagor ia inc~e~eaatb~y seezc~ o~ s4id
~anc~ in fee simple; ff~af !he mortgagor ~as gooc~ right anc~ ~aw~u~ aufhorify to cont~ey satd ~and ns a~ore- ;
said; that the morfnagor u~ill rrtake suc{e furlleer assurances fo per/PCt the ~ee simple ftfle to said Iand in tke
martgagee ~s may reasonab~y he requirec~: thal the mortgago~ hereby /u~~y u~anants fhe lifle fo said la~d
! u?~cl eriU de(end Ihe snme ogainst the law/ul claims o( all persona wl~omsoei~er: and that said Iund is (~ee
and cleo~ o/ aII encum6rances
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~ ~rouided ~tways, f~at i~ said morlgagor sltall pay unto said rnortgogee t~ee certain pronett-
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I sory note ~ereinaffer substantial~y copiect or identified, to-wit:
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25,500.00 Fort Pierce, Florida September 5 19
FOR VALUE RECEIVED, the undersigned, j oiutly and severally, promise to pay to the
order of F~T ~TIONAL BANK OF FORT PIBRCE -
p: O= ~oz 970 a~ Fert PierCe, F1 33450
the principal sum of T~~'F~ T~~SAND FIVE ~TNDRED & DOLLARS, with ~
interest at the rate of 9~ per cent per annum from Septea~er 20, 197~~1 ~
paid, in installments aa tollowa : ~
120 equal monthlypa yaoeata of $329.97 ~ith firat paymeat to comr~ence
on October 2Q, 1973 and a like •um on the corresponding day of each
like eucceading period thereafter until the Nhole be fullq paid. ~
Each inetallment ahall first be applied in payment of the interest =
and then on the unpeid balance of the principal sum. ;
A la~e payment charge not eaceedin~ Sx of the dslinquent payment ~
shail be added to each installa~ent remaining vapaid five c~aqe after
it~ due da[e, and a like sum shitll be added to each such inatall- ~
ment remaining unpaid five days after each succeeding payment date. ~
The meker reserves the right of prepayment at any ti~e without '
penalty, in Whole or in part. . ~
;
If any installment be not promptly paid within 10 days next after the same be- ~
comea due, then, at the option of the holder hereof, the full amount remaining due upon ~
this note shall thereupon become due and payable at once, together with alt other indebt-
edness stipulated in this note and in the mortgage given to secure the same. ;
The makers and endorsera of this note further agree to waive notice of non-payment,
protest and demand for payment, and in case suit shall be brought for the collection
hereoi-or-the-same-shall _h_~~oD_gcted u~on_ demand of an attorney~ to paS• all expenses
of such collection~ including a reasonable xttorney's fee thereon. - - - - - -
State Documentary Stamps in the /s/ JO~Il~ H. STAl~I
amovnt of $38.25 attached to John H. Sta~n, Jr. (SEAL) ~
original note and canceled. f
/s / SYLVIA STArSri _ (SEAL) _
Sylvia Stamm '
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k PACf 1117 (SEAL) ~
go~K 218 ~
(3EAL) ~
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