HomeMy WebLinkAbout0682 ~Q ~{I{~l W~~ !he same, toyef~e? wifh Ihe ten~menls, tie~eclifamenls anc~ appu?le-
uances !tie?Pto bc~ongi.eg, nn~ fhe ?ents, issues nnd pro~ifs f1~e?eo~. unfo Ihe mortgagN. ln fes simp~e.
~ thp ntorfflagor rn~~ena??ls u?i11~ !he mortgngee that tl~e ~no?tgagor ts indejeasi6lr setzed oJ snid
~a~d in ~ee simp~e: thaf t~e n~ortgago~ hw good rigtit ond lnwf
u~ auttio?ity to eonvsy :ntd ta~d us a~ore-
sni~; t1~at l1~e morigayor u~iU make such /urther as:uronees fo per(pct the fs~ simp~t Nt~e to sald Eand in !h~
mortgagee ~ may .~ona6ly 6e .eyui.ed: ttiot t~~ morfgugw hereby /ully u~wm~b Iks tif~e to satd ~nncl ~
and will defenc~ Ihe same against tF~e low(ul cloims o~ all pe?sona wl~omaoet~er and tl~nt :nid ln.~d t~ (.e.
and clear o( aU e~cum6rana+s ~
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~~V~ ~~s~ that ij said mortgngor shn~~~ny unto said nwrtgngee t{:s ceAain promir-
sory nole he?eina(te~ su6~tnntially eopied o~ ic~entiliec~, to-wit:
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~ 15 , 000. 00 , Fort Pierce, Florida, ,j»ne 2T 19 ~ 4
For value received, i, we or either of us, promise to pay, without defalcation, to the order of
0. W. Ponaendorf and Sadie M. Poupendorf a0k/a Sarah M
Poppendorf. his wife aT 1500 Covington Drive, Brentwood, Tenn. 370~
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PSLiE~;~~#f~~16, the sum of Fifteen Thousand pp~~qRs
with interest from date at the rate of 8 °~b per annum, in ~nthly instalments as follows,
~ 200.00 on the 6ih day of August , 19 74 and a like sum
~ c+n the correspanding day of each iike succeeding period there~fter unf;: the whole be fully paid. .
~ Each instalment fint shall be appfied in payment of the interest and tF~en on the unpaid balance of ttx prirrcipal s~m. If defauh is made
in the payment of any i~sblment whm due, then at the option of the hoJder, and wishout any other notice, all the remaining instalments
sha:l be d~:e and payabk at once. Priv;kge is given to pay two a mae imtalments at ar.y instalment maturity date, bvt this shall not ex- -
tend the time of moturity of a~y subsequent inuotment_ Neither forbearance, nor sccepta~xe by the holder hereof after any defwh in sny
payment hereon, shall be deemed exrens;on_
Each maker, wrety u~d endone~ hereof, joinfiy and uverally, warves demand, presentment, protest and notice of prctest ior narpay-
ment, and further sgrees to any exte~u:on of time of payment, eisher before o~ aher matwity, withovt notice to any of ~s: and to psy aU
cosn of tollection, including a resonable attaney's fee in the eveot of sny default hereunder, and hereby severaily waives ill benefit oi
homestead and eaemption under the coostitution and laws of esch State of the United States, ss against this ob{~gatioo a any extensan
o? renewal hertof. .
~tness tF?e hand and xal of each parry.
This note may be prepaid
without penalty
' -(SEAL)
Richa D . F~t in
~(SEAL)
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60aK PqCE ~
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