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HomeMy WebLinkAbout2688 T ~ ( ~n ~inue and to ~iold 1tie spme, fogpl~ier with f~e tenemer~fs, heredilamenfa a~~ epparfe j f na+ices I~ePrelo ~e(on~inf~, an~ f~~e renls, issues anc~ pro~ita ftiereo~, unfo 1{~e mortgagee, in ~ee simpje. I i Il~ fhp morf{~ac~or coe~enanfs witti !~e morlgugee ijiat ihe morlgagor ts tnr~e%aaeb~y sviznd o~ auict [and in Jep simplp: tl~at !?ee morlgagor has good right and Iaw/ul aulhor~ty to convey ~aid ta??d aa a/ure- I ~i saic~; ffeat Ihe morlgodor will make such ~urfher assurances to perfPCt !~e /ee simple title Io sntd Ia~al in the r?eort~u~ep as may ?ecuona6[y 6e required: that tlee inortgagor F~e.~6y jully warranls t?~e tif~e to said land I~ and u~ill de~Prtd Ihe same against fhe lawfu~ c~aims o/ aR peno?u whomaoeve?: and that soid lund i~ free anc~ clear o( a~~ encum~rances ~ i ~ ~ ~ ~ I if j~~~~~ ~~V~~ nlW~s~ that i~ said mortgagor s1?al~ pay unto snid ?nortgagee t{~e certain promis- ` sory note hereirinfter su6stontially copied or ic~enti~iec~, to-wit: t ~ ~ i ~ 'f „ ~ - , ~ ~ i ~ . _ y - _ - - - - - t ~ 12.OOO.QO Fort Pierce, Ftorida, • 1q 73 ' fo~~l~ ~eD~her of us, promise to pay, without defalcation, to the order of ~ I~ODS~Ts lsis wif~,. at P_O_ Bnx 469~ Sabr ~q~ ~ - Pierce, Florida, tt~e sum of ~EI'~ DOtlARS w+th interesi from date at the rate of_~,96 per annnum, in ~n~l~ installments as foltows, ~ ; 100.0~ ~ the day ot ~!S'~r , 19~_ and a(ike sum on the corresponding day of each like sucoeeding period thereafter until tl~e whole be fully paia. Each irutall~nant fint slwll bs ~ppliod ia paym~nt of the Mterest ~nd tF~en o~ th~ w~paid balar?ce of the prioaipsl svrn. If dafwlt is made in tht paymuq of s~ryr instalWraot whso due. ti~en ~t the optia+ af the Fwldst, snd witfiout aey otFer notite, all tht rsm~:ning b~staifine~n shall b~ dw and payabk ~t onc~. Pim'kp~ b~Iwn to piy two or mw~ Lnt~lkn~i~b st any imtalkasnt man?rAy dat~, bu? 1h:s sh~tl not ~x~end ths time oi matwitp of ary wbs~q~»m insteltrnent. Neithsr fo.b~arancs, nor ~cupta~ce by tF?e f+ader heroof after aey defavh in anY MY^~t Mr+o^. sh~!! b~ de«ned extension. Eech m~lcar, wr~ty and sndoraer i~enof. ~oimly u+d s~vera!!y waives dem~rid, presentment, protest aod notio~ of protest for non- P+yment, and fu~tMr pr~a fo any axtd+sion of tir~?e of WYmant, eiM~er bsfore or aft~r matvrity, witha?t nolice b any of us: and ro pay a(1 cwn of collectan, includinQ a r~sw~abl~ anwney's fe~ ir? the svent of ariy dsfauk fkrw~der, and hereby severally waives a11 bensfit of Fwmest~ad and exanption under tF» caatitvtion ~nd Irws of eath Stste of t~ie United States, a ag~inst tha obliqstan or any extensan or renrwal Ixreof, Witnest ths Mnd an~! sesl of sach p+rty. l~nythiag stated above to th~ contsary n~ot~rithatanding. thio n~ote b+so~osaee due aad payabls in wt~ie iwwediately npon tl~e sale or tcane- fe~c by sa?kar. of tlu proporty ~QC~red by the a~=tgage to which a oopy of thia note is attacbed. $ 8 ~ stat• ~taap~ aftix~d to oriqinal oot~ aod caac~ll~d. DELTI~ G. 3ANFORD (SEAL) ~elta C;. Sanfard (SEA!) tl ~ r ~oox , r, R PALE ~s~4