HomeMy WebLinkAbout1971 ~ ~
, ~o ~iAUe and to ~{otd f~~e san~e, togelher u~ilti 1~~e fenenterlls, heredifuments anc~ appurle-
nan~•es t~iPrefo I~elonf~in{~, anc~ f~~e renls, isu~es an~ proJits 1~~ereo~, unto Ihe mortgages, in fee simp~e.
~ln~ I~~e morlga~or coi~enanfs wif{~ f/~e mo~lgagpe I~af f/?e mortgagor is tnde~eu~ibly seize~ o~ saicr
( land in JeP simp~e: Ihaf fl~e morfgago~ l~as ~ood rigl~f and law~u~ au1~o?dfy to convey sait~ jnncl as afore-
'j sai~; tl~at Il~e murfnagor u~il~ make suc~ ~ur!/~e~ assurances fa perfACt t~a ~ee st~ple litle to satd Iand in t{~e
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f I110M~0(]PP as mny ~easonably 6e requir~ed: thaf t1~e r?eortgagor he~e6y ~ully wanonts t{~e tttle to sntd lond
~ nnd u~i[! de%r~d tl~e sa~ne ageinst ~lee Iau~Ji~l claims o/ all peno?u whomsoever; and lhat said lanc~ is Jree
~nd c1Par oJ ~ll en~um~ran~es except taxes, which are a line but not yet due and payable
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~roucded ~tways, t~iat i f said mortgagor shall pay unfo said mor(gagee the certain promis-
1! sory note ~er~inaJter su6stantially copie~{ or ic~enli~iec~, to-u~it:
S
~ PROti7ISSOR.Y NOTE
519,170.00 Fort Pierce, Florida
September 14, 1973
FOR VALUE RECEIVED, the undersigned promises ay to the orcier of -
H.AZEL H. ROLLINS, the sum of NINETEEN THOUSAND ON D SE jTY Ar-D
00/ 100 DOLLARS (~19,170 . 00) , at / ,
or such other place as the holder hereof may designate in g, together with
interest from date at the rate of six percent (6$) per n the unpaid balance
until maturity . The said principal and i.nterest all b due and payable as follaws:
Three (3) equal annual payment of ~6, 39 .00 each, ether with
accrued interest, commencing ne ear m the date of this note,
and annually thereafter until the 14 ay of September, 1976, at
! which time the entire balance of prin 'pal, together witb accrued
~ interest, sha11 be du ayable in . Each payment shall
~ first be applied to i terest an the bala e to principal .
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' Prepayment , in or in p rt, may bs made at any time, without penalty. If
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~ - f an installment of rinci al or
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~ interest or ny part thereof, e wh sum then remaining unpaid, ~vith interest,
~ shall, at h lder's option, beco e and payable without notice. Failure to
= exercise s ch optian shall not constitute a waiver of the right to exercise the same
in the even of subsequent default. The makers and endorsers of this note further
~ waive dema d, notice non-payment and protest. If this note is not paid at
; maturity and e sa is placed with an attorney for collection, the makers and
endorsers hereo gree to pay all costs of collecYoa, including all court oosts and
t reasonable attorney fee$.
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~`t C f S
; Ge dine P . Welshans ~
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. s ,~,~d s~
~ ftichard W . Starr, Jr .
60pK ~r~~ PACE ~9~V
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