HomeMy WebLinkAbout0511 . ~
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~o ~iaue and to ~iold I~~e sumc, togei~~e~ wel{: f~ie tenemer~is. ~ierediiameuta anc~ apptute-
~~anc~s ih~mto bi•~anf~in~• an~~ t~~e renls, issues an~ pro~ils fhpreof, unfo t{~e mortgagee, in jee simp~e.
( 11~e mort~a~or covenanls with the mortgagee ll~nt the morlgago~ is Inde/~~61y seized o) suid
ood ri ht and lawf u! authority to con~ey said land ns ajore-
~o~uj in fee simp~e: f~~at !he mortgagor has g 9
~j saici: Ihat 1~~e morlgaflo~ u~i1l make suc1~ Jurlher assurances to perjpct ftie ~ee simp~e iille fo said ~and in the
a~o~t~a~t~e as may masona6ly be required: il~at the mortgagor hereby ~ully wa?rants the litle to said land
o~ui u~ill clejPtl~ IhP same agninst fhe law(ul claims o( all persona whonwoevi?r: and tkat said land is f?ee
' ' and cle•ar of all encumbrances ~14~ ACCRUING SUffiDQUPNT TO DECffi~R 31~ 1973•
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~~Q(~~~ ~W~~s~ t~a! i~ said mortgagor s~a~~ pny unto soid mortgagee fhe certain promis-
~ sory note hereina~te~ su6stantially copie~ or ic~entiJiec~, to-wit:
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MORTOAGE NOTE
k Fort Pierce , FMrida ;
; s 9,9~+0.00 -~a.~r. 3 / , ~9 74.
FOR VALUE RECEIVED~ the uadenianed, (jointty and severally. if more than une) promi~es to pay to
~tAB W. OOOPS~ aad l~[JIA D. OOOP~~ his Wife
, or order, in the manner hereiaafter ~pecif~ied.
thc ptincipal sum of ~i A1~ 1~RTY A1'~ ~N~+~M~•....~~~ /100 DOLi.ARS
(i 9s9~•~ ~~rat from datc at ehe nte of 8 per cea~ per annum oa the balance iran time W time remaiai~ upP~.
The said principal snd interat shall be payabk in lawtul money of the United States of Ameriu st AVelYle J~ ~Ol"t
Pieree~ ~OI'~dS or at such place u may h~rca(t~r be dcsignated by written notice irom the lwlder to the maker bereo(, on
the date and in the manr?er folbwing:
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~ Zb be paid in three (3) eclusl sonu~al. i~at ie~?~Pnts
~ cammeacing one (1) year f]c~om date sad coatinuing aanuaLl.Y
uatil psid ia fLtll. Privilege of ps~p~q~eat xithout
pen0.lty af'ter Jaou,ary l, 1975 is giveu. "
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T6ia note with interest is secured by a mortgage on nal estate~ of even date herewith~ made by the maker herco[ in (avor of the iaid
Payee, and shall be construed and enforced according to the law~ of the Sutc of Fbrida. The terms of said mortgage ue by this rcfercnce
made s part 6ereoE.
~ If de(ault be made in the payment of any of the sums or ioterat .me~tioned herein or in ~aid mortgage, or in the pcrtormance of
any of t6e asrecmmts contained herem or in uid mortgage~ thrn the entire principal :um and acuucd interest shall at the option ot the
a re
holder hereof become at oace due and coilectibk without aotice. time being of the essence; and said principal sum and accrued ~nter~s!
shall both beu intercst (rom such time until paid at the highat nte albwabk under the laws of the State of Fbrida. Failure w exercisc
thu option ~hall aot constitute a waivcr of the right to exereue the same in the cvent ot any subsequent default.
Each perwn liable hereon whetber maker or endorser~ hereby waives presentment~ protest~ notice~ notice o( protest and notice ot dis-
honor and agrces to pay all costs~ induding a reasonabk attorney's fee, whether suit be brought or not, if, after matunty of this note or default
hereunder~ or under said mortgage, rnuruel ~haA be employed to oo~kct this note or to protea the ~ecurity of said mort8age-
Whenever u~ed herein t6e terms "holder"~ "maker" and "paY~e" shall be wnscnud in the singular or plural aa the context may
require or sdmit.
~ ls~Gine~vra Sims Paule
Maker s Address ~..g~•--~y~..._._....-••••--•-••••--•••• ..............••----~SEAL)
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( SEAL )
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