HomeMy WebLinkAbout1638 .
70 ~fiiV~ ~ W ~ fh~ sams, toealksr wIfI1 tli~ t~rnt~n~nb. 1i~ttsm~~b nnd appurf~-
~ances thereto belongiag, and t1~a ronb. ittuei and p~oftb Ih~no~, unto l1~s morlgapN, in ~M ~t~le.
n1~Y ttie mortgagor covenanb wit1~ fhe rnortgngs~ ehae ~h. ~w.i~~or t.~d.j.a,t6[r s~tted o~ iald
~and in ~ee simp~e: ttiaf fhe mo?tgagor ~os g~uod rt~ht ar~ ~aw~u~ auftiority to oortwp aotd ~arul w a(ot+~-
saia: ~hat the mortgagor wiI! make ~uch /urth~r assw~ancvs to per(~c! f1~~ lN SI1~II tIII! ~O la~ fOI~ Jlt ~/l!
mo?tgagee as may rewonn6ly be requtwd; lhat f~s mwfAaQor h.~.by /uur warrnnb t~t tifli to sa~ land
nnd will deJend the same agalnst the Iaw/'uI clainu of al~ penwu wlanuower: and t~ot ssld.,jond b Jnr
and clear o/ all encumbmncea -
~ , - ; '
~
~~V~1KR ~l~W~s~ t1~at i~ said mortgogor slwll pny unto aatd mortgagae t/?e c~ertain pnomb-
sory nofe hereinajfer subatanfia~ly copie~ or identi(isd, to-wit:
. • .
MORTGAGE INSTALLMENT NOTE
~ 1Z, 000. 00 Fort Pierce ~ Florida,Septerriber 11, 1973
For value received the underaigned~ jointly and severatly, as principal
promise to pay without defalcation to the order of L. W. Halbe ai lOZO
Beach Court in Fort Pierce, Florida~or auch other ptace as ~e holder
hereof may designate in writing~the principal sum of Twelve thousand
and no/100 ---------------D~LLARS, with interest from date at ~e
- ---rate-o~-Ee~-per-eert~(-14~s)-p~r-annum-iA-monthly~nstatiment~ payab_le as
follows , to-wit: ,
$1 T 5. 00 on the 11 t3~ day of Oc tob er, I 9? 3 and
$175. 00 on the llth day of each succeeding month ~ereafter
until the whole sum named is fully paid. Each installment first shall be
applied in payment of the interest and then on the unpaid balance of the
principal sum. If default is made in the payment of any instaliment when
d ue, then., at the option of the paye e, aIt the remaining ins talimente shall
be due and payable at once. Privilege is given to pay two or more install-.
ments at any time after one year,upon payment of a penalty equivalent to
five percent of the principal sum prepaid.
~ Each maker, suret}i ai~en~orser hereof,-""jointly
an~ ~~v~~~iy;-waiv~s-----
demand, presentment. protest and notice of protest, non-payment or
maturity and further agrees as followsi to any renewat hereof before or
after maturity, without notice to them; to any extension of time for any i
payment, before or afLer maturity; and Lo pay all costs of collection. in- '
clud mg a rea sonable attorney's fee. -
8~ Victor Presutti (SEAL)
Yictor Presutti
~2~8 ~.~~37
- 8~ Maria Presutti (SEA.L) ~
Maria Pre autti
~.~~r=~ ~z, , ~ ~ ~ _ ; - - - ' ~
~ ~~~f