HomeMy WebLinkAbout1954 . 1
• ~e ~ W 71V~ !he same, logettier wilfi Ihe l~tmenis. I~ereditamenli and appu?fe-
nances lhereto 6e~ongin~, an~ fhe rents, itsues and pro~tls Il~e?eo~, u~to i1~s mortgagse. in (ee itmp~e.
nl~il the morfgagor rnvenanfs with Ihe mortgagee lhat fhe mortgagor b indv(eaaibly setzed o( sald
land in jee aimple; Ihat the mortgagor has good right and law(ul autl~ority to conuey sntd lw~d os ajoro-
said; ~hat ~ha morfgagor wiI! make suck Jurtl~e~ aatumncei lo psr~ect !he lae simple fif~s fo ~aic~ ~and in the
mortga9ee as may reasonu6ly 6a requtred; tl~af fhs mo~tgagor I~e?eby /ully wamanis Ike Itlls to said Iand
and wil! deJend the snme agninst ths law/ul clalms oj n!I peawu whomsoevsr; and that sa~d land is jree
and clenr o~ all encumbnnnces except tSX@S accruing subsequant LO
December 31, 1973.
,~PROVIDED ALWAYS, that if said mortgagor shall pay unto
said mortgagee that certain promissory note hereinafter substantiall
copied or identified, to-wit:
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~ $11,119.00 yero Beach, Florida May 1 ,19~4
As hereinafter set out after date,~ I, we or either of us promise to pay
to the order of AUGUSTA GRAVES VINSON, as to an undivided 1/5.interest,
AUGUSTA GRAVES VINSON, as Guardian of the property of FRANCES GRAVES,
a Minor, as to an undivided 1/S interest, AUGUSTA GRAVES VINSON as
Guardian of the property of JAMIE GRAVES, a Minor, as to an undivided
1/S interest, AUGUSTA GRAVES VINSON as Guardian o~ the property of
AUDREY GRAVES, a Minor, as to an undivided 1/S interest, DIANE JONES Y
as Guardian of the property of DIANE RUTH GRAVES, a Minor, as to an
undivided 1/5 interest;
ELEVEN THOUSAND ONE HUNDRED NINETEEN AND NO/100-----------------DOLLARS
for value received, payable at 5600 Rosewood Boulevard, Vero Beach,
Florida 32960
wit:z interest from date at the rate of 6~ per cent per annum until paid;
. interest payable as set out below.
And each of us whether maker, guarantor or endorser, hereby
severally waives and renounces any.and all homestead exemption
rights we may have under the Constitution or Laws of the
i State of Florida, or any other State, or United States, as
against this note; and each further waives demand, notice of
non-payment and protest, and in the event it becomes necessary
to collect this note through an attorney, agrees to pay all
~ costs of collection, including reasonable attorney's fee.
If default is made in payment when due, then at the option
of the holder, and without any other notice, all the re-
maining balance shall be due and payable at once.
This note shall be payable in ten (10) consecutive semi-annual install-
ments of $1,111.90 each, plus interest at the rate of 6~ per annum
on the unpaid balance as it shall exist from time to time, said
paynents to commence on November 1 , 1974, and to continue on
eac:z Ma 1 and November 1 thereafter until the entire
balance o principal and interest sTa33T~e fully paid.
Eacn,payment shall apply first to the payment of interest and then to
principal on the unpazd balance. Privilege of prepayment in whole
o: in part is reserved by the maker. This note is secured by a real
estate mortgage of even date and is subject to the terms and conditions
therein expressed.
gTATS DOC~NTARY STAI~3 IN ~s/ THOMAS R. MARCO (SEAL) .
T~ At~OUNT OF $16 . 80 ATTA~D MA R. R
TO ORIGINAL N0~8 AND CArICELSD.
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ecc~ 227 PA~~~:~I~
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