HomeMy WebLinkAbout1893 i
~o ~aue And to ~told 1~~e same, logpthe~ u~il~ fhe tenements, he?eclitamenl~ nn~ appurfr-
nancps f~Preto ~~e~ongin~. an~ 1~~e rc•nfs, issues an~ pro(ils Ihareo(, unto Ihe mortgagee, in (ee simp~e.
Ihe morf~ago~ covenants will~ the ?qorlgaeee lhnt the mo~tgagor is indeJewi6ly aetzed of iaid
land in ~e~ simple: that Ihe morigagur f~w good right ond lawfu~ nuthor~tr to co~uey said land aa afore-
~I sai~; IIIQI (Itp morfgagor wi~~ ma~e sucti ~urther assurances to pe~Jpct ihe Jee simple title to said land 1n Ihe
I morlgagee as may rc~asona6ly be roquirecj: that ftie morfgago~ ~ereby ~u~~y wa~ranls ftie fit~ to said land
~ and ~utU deJend Ihe same against the lawf ul claims o~ all penons wl~o?naoever, ond that said Iand ia jree
and clear o~ all encum6rancea
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~~'Q~I~d~ 7UW~ys~ that i/ snicl mortgagor ahall pny unto said mortgagee the certain promis-
~ sory nole hereinaJter su6stantially copiec~ or identified, to-wil:
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~8,000.00 Fort Pierce, Florida April 23 19 74
FOR VALUE RECEIVED~ tt~e ur,dersigned~ jointly and severally, promise to pay to the
order of Nunzio Tavernese and Philomena Tavernese, his wife, ~
Rni~tP Box 818 8t Fort Pierce . Florida 33450
the principal sum of EIGHT THOUSAND and no/100- DOLLARS, with
iilterest at the rate oi ~ine__ per cent per annum from date until
~ paid. in installments as follows:
~ 120 equal monthly installments as follows: $101.35 on the 23rd
~ day of May, 1974 and a like sum on the corresponding day of-each
like succeeding period thereafter~until the whole be fully paid.
~ Each installment first shall be applied in payment of the interest
~ and then on the unpaid balance of the principal sum.
~ A late paymerit charge not exoeeding 5% of the delinquent nayunPxit shall be
~ added to each payment remi_n~n~ inpaid five d3ys after its clue date, and a
~ like suo be added to each such payment ran~n~ ~ u~aid five days after
~ each succeeding payment period.
T.le maker reserves the rig~it of prepaym~nt at a~?y t~me wittwut Per~altY in
amou.-Z~s equal to a monthly payment.
. II any installment be not promptly paid within ~ days next after the same be-
c~,mes due. then, at the option of the holder hereof, the full amount remaining due upon
t'r~is uote shall thereupon become due and payable at once, together with all other indebt-
~ ednes~ stipulated in this note and in the mortgage given to secure the same.
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The raakers and endorsers of this note furtl:er agree to waive notice of non-payment,
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protest and demand for payment, and in case suit shall be brought for the collection
hereof or the same shull be collected upon demand of an attorney, to pay all expenses
of such collection. ;ncluding reasonable attorney's fee thereon.
The Annual Percentage Rate _
- is 9%. /s/ CHARLES FRANKLIN WILIt~~AL)
= Charles Franklin Willis
5-~~ State Documentary stamps in the
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~~:t amount of $12.00 attached to /s/BARBARA SU~ ~TILLIS (SEAL) .
original note and canceled. B'~~~~
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