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HomeMy WebLinkAbout0017 . • v - - , t . • . ~ . ~o ~iaue and to ~iotd l~~e snme, Iu4~rllier wil~~ t~ie tenemenfs, hrrecrilultienls nnd appu?fe- nanc~s therelo ~~e~onqin~~, an~~ f~~t~ mnts, issues ancr proJils f~~ereu~, unto t{~e mo~tgagee, in ~ee simp~e. ~nd the morl~~a~ur coi~enanls witl~ ~he~mo~fgagee Ihat .Ihe mortgagor is inde(easi6ly seized o/ said ~ancl in fee simp~e: I'iQI I~P morfgago~ {ias gooc~ right and ~aw~u~ aufhortty fo rnnvey sui~ ~and as a~ore- , saic~: f~~af f{~e mort~apor u~i~~ ma~e suc{~ ~urlher assurances fo per~ecl the /ee simple lille to said Iand in !he ~ murt~af~e ~as may reasonably required: thal fhe mo~tgagor here6y f ~lly war?anls ihe tille to said land a~id u~ill~de~ericl the same a9ainsl ~he law(ul claims o~ oll persoru whomsoever; and Ihat snid lnnd is free ~ ~nd cl~ar oJ all encumbrances ! ~ i ' f - ! , E ~~Ays~ ihat if saitl mortgagor shnl~ pay unto saicl mortgagee the certain promis- j sory note ~~ereinn~ter su~~stantia~~v copipc, or it~enfi~ied, to-wit: ; ~ 25, 000. a0 Fort Pierce, Florida ~~~r ~~.'rµ 1J!_3- FOR VALUE RECEIVED, the underaigned. jointly and severally. promise to pay to the order of ~ ~ ~os F. ~:s~ar a,~a Loia ~u?s~Lt.sap, hia rif~ ~ TMSNTY FIV!! ?H~U3A~iD i OQ/100thi------------------------------ DOLLARS, at !O]rt Pis=eA~ florida t or such other place as the holder hereof may designate in writing. together with interest from date at the rate o~~wa [ 911 ~ per centum per anan; m~oq~ t~h+e,inpaid balance until maturity. The said principal and interest shall be clue and payable il ~ E ~ priaaipal Qayabl~ in tour t~) ~qnal annwl inalall~nts i with iat~re~t at tl~• rate o! s~wn pet c~nt ~ 7t ) payab l~ ! a~~ai-annually. Th~ li:~t annnal inatalLoea~ Miii b• aue : and payabl• on~ ysar froa th~ •x~cntion ot thia not~ and ; tho tirat intsrest paym~ot vill be au~ and payabl~ six ~ montts~ trom th~ •x~autioa o~ this nots. The first annu~l ~ installment shall be $6,250.00 and a like sum on each like ` succeeding period thereafter until the whole be fully paid. ~ ~ F / ~ ~ ' ' ` ` ',1 f ~ ' - ~ ~ ` . ~ ~ ~ ~ J k 3 ~ ~ ~3 If default be made for 3Q days in the pas•ment of any installment of principal or interest or ' any part thereof. the whole sum then remaining unpaid with interest shall at holder's option become due and payable without notice. Failure to exercise such option shall not constitute a waiver of the ' right to exercise the same in the s~ent of subsequent default. After inaturity both principal and accur- - ed interest shall bear interest at per centum per annum until paid. The makers and endorsers of this note further waive demand, notice of non-payment and protest. If thia note is not paid at matur- - ~ ity and the same is placed with an attorney for collection, the makers and endorsers hereof agree to pay all costs of collection, including all court costs and reasonable attorney fees. /s/ Audrey C. ~~lheelock ' ~ R •~~~lf ~ (SEAL) = S00!( SEAL =5 PAGE s ice . ( j ~ , (SEAL) :Y • s,;= _ _ (~EAL) - - - 3 - _ _ ~ . . _ . " " _ ~ . . . , .