HomeMy WebLinkAbout1481 ~o ~inue and to ~old I~~e same, lo{~Ntl~er u~il~~ f~~e lenew~et~fs, herec,itumpnts anir u, p~ufr ~
~ nanc~s I~~rrnlo ~?r~ur~c~in~~. an~~ f~~~ rerils. issups ant~ pro~ils f~~rreo~. unto I~~e morfguges. in jev sirt~p~e. I
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~n~ t~~e murfgagor covnna?tfs u~if~~ Ihe morfgaflee f~~n! Ihe morlgugor is indejea~ib~y seizW~ uJ saic~
~an~~ in JE'P ~imp~P; Ihaf i~~e morfpa~or ~~as gooc~ ?igRf an~ ~awJu~ aufhorify to convey said land as u(ore- ~
saic~: ll~n! Ihe morlgoflo~ ivi~~ make sttch f urtl~er assurances fo perjPCt ltip f
ee simple Ittle fo said Iand in ltie
~ mortgaflee ns may reasonn6ly 6e n~uired: ~hae thR mo?Igagor l~e~eby Jully warrants the lille to aaid Iand
and ioil! de~pnd Ihe same agains! Ihe lawjul claims o( aII penons whomsoever; and 1{~at said land ~s (ree
and c~Pa~ oJ a~l encum6mnces
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~rQV~d~ ~~wA~s~ that i( snic~ mortgagor :hnll pay unto sai~ mortgagee the cerlain promis-
~ sory nofe {iereina~ter su~,stantia~~y copiecr or ictentijied. to-wif: ~
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~ nn For Pier~p . Florida March 29 lg 74
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FOR VALUE RECEIVED~ the underslgned. jointly and severally. promise to pay to the
order of FIRST NATIONAL BANK OF FORT PIERCE
p_ O_ Box 907 gt Fort Pier~e Florida 33450
TWENTY THOUSAND and no/ 100- DOLLARS. with I
the principal sum oi
nine er cent per annum from April 1, 1974 until
interest at the rate of P
paid. in inatallments as lollows : ~
~ 7t~ielve (12) quarterly payments of $1,666.66 each, plusJanuaryst. ~
commnencing July 1, 1974 and the first day of October,
E and April each year thereafter until ti~e full principal amount
~ be paid i.n full.
! A late payment charge not exceeding 5~ of the delinquent payment
~ shall be added to each payment remaining unpaid five days after
~ its due date, and a like sum shall be added to each such payment
~ remaining unpaid five days after each succeeding payment date.
The maker reserves the right of prepayment at any time without
penalty, in whole or in part. ~
20 days next after the same be- '
If any installment be not promptly paid within
comea due, then, at the option of the holder hereof. the fult amount remaining due upon
this note ahall thereupon become due and payable at once, together with all other indebt-
ednesa stipulated in this note and in the mort8age given to secure the same.
The makers and endorsera of thia note furth er agree ta waive notice of non-payment.
protest and demand for payment. and in case suit shall be brought for the collection
hereof or the same shall be coltected upon demand of an attorney. to pay all expenses
of such collection, ;ncluding a reasonable attorney's fee thereon.
~ 1, prooeeds ........$20,000.00 ~S~ RpB~tT D. WARD
~ 2. Nbrtgage~e Title• Insurance 35.00 (SEAL) ;
3. Reoar 78.00 :
fees•• Ward
~ 4. Aimtnt~fi'
nanoed . . . . . . . . . . 20 , 000 . 00 ~ D. ;
~ 5. Finanoe charge.. . . . 2,925.00 ~S~ WIIII~ M. ~„~RD (SEAL)
~ 6. Total payments... .......23,038.00 ;
~ 7. Atmual Peroe~ntage ~ Rate 9~1'o Wile~ne M. Ward ;
State Documentary Stamps.in the amount '
~ (SEAL)
~ of $30.00 attached to original an
~ canceled. ~141~
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