HomeMy WebLinkAbout2127 ~O ~It ~~O T1V~ ' 1he same, together wif~ f{~e fenoments, keredtlamenl~ und appu~fe-
nances t~ierefo be~onging, a~d Ihe rents, issues and pro~ilt thereof, unfo Ihe morfgagee, in ~ee :Imple.
~ ti~e mo~tgagor covenanls wilh the mo~fgugee lhat ihs eno~fgagor ia tndeJeaaib~y setzed o~ said
land in /ee simple: Il~at the mortgagor hus good ?tgl~t ar~d law~ul autho?itr to co~ver satd ta?~d us ajore-
said; lhat the mo~tga9o? wiI! mal~e suck Jurthe? assurance: to per~~ct the jse simpls title to satd (and In th~
morlgagee as may reasona6ly 6e ?equired: tkat the mortga9or htro6y /ully wnnanb the tille to :atd la?~d
and u~ill de(end the snme agairut the law/u~ clalms o~ al~ pe?so?u wkomsoevsr: and that satd land is ~ro~
_ and clenr of all encum6ro~cea
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j ~rQV~ ~s~ t{~at i~ said mortgagor skall poy unto said nwrtgagee !he certain promii-
i sory note {?ereinafter subatantially copied or icrenfifiec~, to-wif:
Fort Pierce Florida Z'~?Y 20 19 74
F08 VALUE RECEIVED. the undersigned, jointly and severally. promise to pay to the
A1~RICAN HOI~S & MORTGAGE , INC .
order of
5216 Sunshine State Parkway Feed~r Road, Fort Pierce~ Florida 33450
the principal sum of T~O~~~~ FI~ ~n~~D & n~~-1~0i'I'ARS, with
interest at tbe rste of ~$ht per cent per annum from date until
paid, in installments aa followa: -
125 00 together with
Four equal annual principal paym~ents of $3. .
' interest on the unpaid principal balance. First princip al pay-
i ment of $3,125.00, plus interest, is payable Maq 20. 1975, 6d
i a like principal pay~ent, plus interest, payable M,ay 20, 197 .
May 20, 1977 and May 20, 1978. ~
The ~alcer reserves the right of prepay~ent , in whole or in p~art ,
at any time, without penalty.
thirty 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 full amount remaining due upon
this note aball thereupon become due and paqable at once, to8ether with all other indebt-
edneas atipulated in this note and in the mortSage given to secure the same.
The makera and endoraers of this note furth er agree to waive notice of non-payment~
protest and demand for payment, and in case suit ahall be brought for the collection
hereof or the same shail be collected upon demand of an attorney, to pay all expenaes
of auch collection, ;ncluding a reasonable attorney's fee thereon.
STATE DOCUNIENTARY STAMPS IN / s/ ROBERT 0. BROWN (gE~,)
THE AMOUNT OF $18.75 attached Robert 0. Brown
- to original note and canceled. ~8~ S~~Y gROWN
(SEAL)
Sherry Bro~m
~sEAL>
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