HomeMy WebLinkAbout2280 ~o ~ve and to ~otd l~~e same, togelher with Ihe~ tenr ment hers~lifamenls anc~ appu~fp-
nunc~~s l~IPfNIO E~e~onginp, ancr I~e rents, issues ant~ profifs f~~ereol.•uqtq !he morfpoQee..tR ~ee simp~e.
~ Ihe mor~~apor co~~enarits with Il~e mo~lflagee Ihat Ihe mort9agor is indejeasi6ly seized oJ said
~an~ i~ ~ee simp~e: I~~nf f~ie mortgngor tias good ?i9~t and ~aw~u~ authority to rnnvey ~atd b.~d as a~ore-
saic~; thnl I~ie mortgagor u~i~~ ma~re sucti f uAher assura~ces to perjPCt the f
es simple Iille fo satd Innel in !he ,
~ morf~agee as mny reasona6~y be require~: ltinl fhe morlgago~ {~ereby (u~~y wa?ranfa t~e fil~e !o said ~anc~
an~{ u,i(1 clejend Ihe same against the Iaw(ul claims o/ all penoru wl~onuoever: and Ihat said lnnd ia f
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~ a?id clPar oJ nll encum6rances except f01^ tBXeS accruin~ ~ubsequent t0 the
vear 1973.
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~ ~rouided ~lways, t{~at i~ saic~ morigagor :hatl Poy unfo said mortgagee tke certain promia-
~ sory notp {~ereino~fer sutistantia~~y copiec~ or iclentijied, to-wit:
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i 4~~000~00 Fort Pierce, Florida, April 3 19
For value received, I, we or either of us. promise to pay, without defalcation, to fhe order of
M. R. MIELTON snd KATI~ MSLTOI~t~ hie r~ifs ~~,N'$p~,~Co~~ IL.,c~e~p~~
the sum of FORTY-FIVE THOUSAND l~11Q NO/100 ~~~?RS
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~ with interest from date at the rate of BerA~'? % per annum, in ~OIIth1~1 installments as follows,
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; ; 500.00 on the 3~ day of t9ay , 19~and a like sum
on the corresponding day of each like succeeding period thereafter until the whole be fully paid
Each inst~llment first sl~all b~ applisd in peymen+ of ths inl~res4 and th~n on 16s belenes of tM principal sum. lf d~faulf is
mad~ in ths paymenf of any inslallmsnt w6~n dw, fhsn at tbs option of f6s holder, and without any o1h~r nolic~, all th~ :
remaining installments shall ba dus ~nd P+y+bl• at onca. Pciril~g~ is giv~n fo pay 4wo or more insfallments a1 any installmsnl ;
maturify dat~. but this shall not sxtsnd tF~t time of maturify of sny subsequent iesfallment. Nait6~r for~b~~ranca, eor acceo+• ~
anc~ by f6o hold:r hsnof aft~r any dsfault in any payenen4 her~on, :6a11 b~ deemsd ~xtension. ' ;
Eech mak~r, surety and ~ndonsr be~sof, jointly and ssverally waiv~s d~mand, prssentm~nt, protesf and notic~ of profest for ?
nonpayment, and furthsr agroos to any ~ztensioe of time of paymset, si46~r beforo or affsr maturity, without notics to any of '
uz; and to pay sll costs of collection, including a nasonabl• attorn~y's f~e in fh• wsel of any dafault h~rounder, and h~roby ~
ssretally waives all benefit of bomsstead end exemption under t6a consti#ution and laws of •scl~ Sfat~ of tb~ United Stat~s,
as against this obligafion or any extension or rsn~wa) 6ereo£ x
Witness tha hand end se~l of •acl~ perfy. ~
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Prepaymen} msy be mads at any S~ (?a~ ~~ett. ~s~l) ~
time without penalty.
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