HomeMy WebLinkAbout1927 If~e same, togefhe? wilh fhe ftnwrKnls. I~eredilumenls an~ appu~fe-
nar~cea Ihereio 6elonging, an~ f1~e renla, issuet ana projifi Ihereo~, u~lo Ihe mo?lgages, in ~~s simpje.
~ Ihe morlgatio~ covenants with tl~e morlgagee Ihat tl~e morlgago~ is indsj~,j6ly seised o~ snid
land tn ~ee simple; that the mortgagor k~ good ?tght nnd lnwjul aulhority to conwy aaid land oi a~oro-
said; lhat f1~e morlgagor wi« mafee suck Jurihe~ assumnces to perf~ct the fee ~imple tit~s to sai~I Iand in th~
mortga9ee as may .~~ona6ly be .aqui.gd: lhat the mo?tgago~ here6y (ully wananta tke tttls to :atd lw~d
and will de(end the same agai~at the lawju! claims o~ all penons whonuoe~e?: and tknt said land ta /ro+
and cleur o~ all encum6rances
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~ ~~V~~ ~~s! that if said mortgngor ahnll pay unto said ntortgngee t~?e certain pro~nia-
iI sory note ~ereinajfer substanfia~~y rnpied or ic~enli~ied, fo-u~it:
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12 000,00 Fort Pierce, Florida rtay 15 19 74 !
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FO~i VALUE RECEIVED~ the undersigned, jointly and severally. promise to pay to the
~`TR~T Ne, _ A1 ni' F(1PT P I'R['F - I
order of TI0:11~AL
p~ p_ R~x 97~1 at Fort Pie~ce Florida 33~i50 _ +
the principal sum of ~~%L~ T~iOL'S~`~~J and no/10~- - DOLLARS, with y
interest at the rate of 9 1 2 per cent per annum from June 1. 1974 until ~
paid, in inatallments aa iollows : ~ ~
Ninety-six (9b) equal ~onthly nayments of ONE HUiiDRED SEV~::'ZTY-EIGIi'i ~
and 93/lOJ's DOLLAF.S ($178.93) , with first payrient to cou~aence f
; July 1, 1974. and a li~e sun on the corresponding day of each ~
~ like succeedinfi period thereafter until the whole be f_ully ~aid.
Each install~ent shall first be applieri in payzn~ent of interest ~
and tnen on the unpaid balar_ce of the princinal sum. :
ryvr~it dza'~e not exoE.~euin~T of the delinquent ~ary~t st+.all 3e ;
A late p~.' - aid five (5) days after its clue date,
sdd~ed to eadl installu~ent r~ ~P
~d a like suu st~a].1 be added to each sudl installment unpaid five days +
after each suc~cceeding ]~ayar~it date. • `
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The maker reserves the rip,ht of prepayment at any tir~e without
penalty, in whole or in psrt. ~
If any installment be not promptly paid within ten days next after the same be- ~
comea due, then, at the option of the holder hereof, the full amount remaining due upon
this note shall thereupon become due and payable at once, together with all other indebt-
edness stipulated in this note and in the mortgage given to secure the same.
The makera and endorsera of this note furth er agree to waive notice of non-payment,
protest and demand for payment, and in case suit shall be brought for the collection
hereof or the same ahall be collected upon demand of an attorney, to pay all expenses
of such collection, including a reasonable attorney's fee thereon.
1. Prooeeas.. . .........$12,000.00
2. Mo~rtg,a~,e~e Title~ Insurance 132.40 / s/ CLARENCE E. PAiJLEY (SEAL)
3• Re°°r~g °°~ts' ' ' ' ' ' ' ' ' ' ~ Clarence E . Pauley
4. ~4motint Fiiianced. . . . . . . . . . 12 , 000 . 00
5. Finanoe Q~ar9e........... 5,177.28
6. Tot81 pgyme=its........... 17,177.28 f=3 ~ FY (SEAL)
7, ~iual Peroentage Rate... 9 1/2% Grete au ey
STA~ DOCtM1JTARY STAi"~S IN ~ AM7~NP 0?F (3EAL) '
$18.00 attac~ed to o~riginal note a0nd canoe .
n ~ csEaL)
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