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HomeMy WebLinkAbout0500 ;i ~ ii - i ~ 1 eJitame~~ls and appurle- ~ ~ ~o ~iaue and to ~told 1~~e same, toyeltie? wilF the fenemenls, ~er ;I nances 1~~Prefo ~~~~on~~in~. arul Ihe rnnts, iisues an~l pro(its f~~ereo~, unfo the morlgagee. tn jee simp~e. . ~I~e mo~tga~or covenants wi1{~ Ihe morlgagee Ihat !he mo?tgagor is indefeasi6ly seized o) said j~ Iand in jee simple; ~hat the morfgago~ heu good righi and lawjul authority to convey sa~d in~?d as a~ore- said; Ihat tl?e mortgapor u~ill malre such ~u~the~ assurances to perJpct the Jee aimple t111e to snid Iond in the mori~afi~p us ?naY rensonably be required: lhat the mor~9agor hereby f ully wormnts Ihs lttle to said lnnd 11 on~i u,ill de~end the same agai~st the law~ul claims o( all persons wl~omsoever: ond that said land is f rae i~and clear o~ all encum6ronces EXGEPT TAJ~SS ACCRUING SUffiEQ~JRIT TO DBC~ 31, 197~• ~ ~ - ~ i . I I - I i { ~rouided ~lways, ~tiat iJ said martgago~ s{~ail paY unto saic~ mortgages the certain promis- i~ sory note hereinajfer subslnntia~~y copied or idenli~ied. !o-wit: i+. MORTOAOE NOTE ; Florida Fort Pierce . _ ~,:~io. oo ~-rn~- 3 ~ . ~9 FOR VALUE RECEIVED~ the undenisntd, (jointly and severally, if more than one) promise~ to pay to T~MAS OOOPER an~d Is~TIA D. OOOPER~ his ~rife ~ or order, in t6e manner hercieatter ~peci(ied. thC pnnapal ~um o~ F~C~iT TI~OU.5~A1'~D '1'fIRlsT ~IiBD TI~T1 I~ISAIi~AI~ ~~~~~--~-~~~----~j~Q II00 DOLI.ARS witL iaumt fran date at the rate of 8 per cent. per aarium on the balaace fraa time to time remaiu~na unPaid. The raid principal aad interat shall be payabk in lawful moaey o[ the United Sutes ot Ameria at 4311 Ave._ue J~ FOT't Pieree~ Florida or at such place as may hercaft~r be designated by writt~n notice imm the ho{der to tl~e maker hercot, on ; the date aad in the manner following: i t ' ~ b e paic: in thre e( 3) equal. unnual. insta]-lment s cao~?encing one (1) year fran de~te aad co~tinu3.ng annuzillY thereafter uatil paid in Pt~tl. Privilege is given to ~ ~repay at aqy time without penelty. T6is note with interest is secured by a mortgage on rcal eswte. of even date herewith, made by the maker hercoi in favor oi the said ~ payee, and ~taA be construed and entorced according to the laws of the State of Fbrida. 1'he terms of said mortgage are by this re(~rence % made a part 6ereof. ~ I[ default be msde in the psyment of any of the sums or iaterat auntioned herein or in said mortgage, or in the pedormance of ~ any of the agrcemenu contained herein or in u~d mortgage, then t6e entire principal sum and accrued interest shall at the option o[ the ~ holder herco( become at once due and collecuble without notice, time being of the esxnce; and said principal sum and accrued intercst ~ thall both beu intercst from such time until paid at t6e highat nte albwable under the iaws of the State of Ftorida. Failure to exereix ~ thi~ option shaU not constitute a waiver of the right to exercise the ~ame in the event of any subsequeat default. Each penon liabk hereon wheeher ma~er or endorser~ hereby waives presentment, protest, noticq notice of protest aad notice of dir honor and aarees to pay all costa, including a reasonable attorney's fee, whether ~uit be brought or not, if, after matunty o( this note or de(ault 6ereundu, ot under said mortgage, counsel shall be empbyed to oolkct tAis note or to protect the ~ecurity of uid mortga8e• Wheaever used herein the terms "holder", "maker" and "payee" ahall be conatrued in the singular or plural as the conte:t maq , : rcquire or admit. , ~ Maker's Address ....~.~lQ~iAc"1frt1:S~L pBtLtr~ ----..(SEAL) , ~iF,'VRA SINS PAtTI,E'Y ~ f:~l ~~O PdfF~~---4~-----------------~--......_.._.......-~----~----.._.._-..-~-----------~--.._..~SEAL) . ~ ( SEAL) . ~ ~ ~ ~ µ . - - - ~t y ._t.s~~___. . _