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HomeMy WebLinkAbout1655 r ~ I ~`0 Itie same, toaethe~ wil~i the f~?nements, h~redituee~enb an~ appu?fe- ~0 ~ilUt ~ nances lhernfo h~~uu~inn, und 1he ?ents, issues and profih fhereoj, unfo I~~s mo?tgagte, in ~~e simp~e. ~ Ihe neo~tgngur covenanls w~ih ~h~ ~o.t9n~ee !f?at the mo?tgagor is indeJ~~6lr seized o/ snid t land in (ee simple: Il~al ihe mortgagor has good right nnd law(ul autho?ily !o convey said lw~d us a(oro- : saic~: fhat the mo~tgagor wi« mulee such ~urfhe~ assurancea to pe~ecl !h~ (ee simp~e fit~s fo satd ~artc~ in the mo~tgagee as moy reosonably be ?equired: tha! Ihs moilgago~ h~.~6y jullr wanants the title to ~e~d bnd and u~ill dejend t6e same against the law/ul clainu o( all penons whon?swver; and tkot sa~d land is jne 'r and clenr of all encum6mnces ~ ~ ~ ~ : ~ ~ f ( ~ . t ~~V~~ ~~ys~ I~at if soid mortgngor s~n~~ pay unto said mortgugeo the cerfain promis- 3 ~ sory note I~ereinnjte~ substantia~~y copied or idenli~ied. !o-wit: ' ~ - ~$267,000.00 Fort Pierce, Florida July 10, 1974 In ten (10) semi-annual installments of $26,700.00 each, plus interest, beginning July 10, 1975, I, we or either of us , promise to pay to the order of CI~STER B. GRIFFIN, as Trustee, TWO HUNDRED SIXTY-SEVEN THOUSAND DOLLARS ($267,000.00) for value received, payable at Post Office Box 1270, Fort Pierce, Florida 33450, or such other place as payee may direct in writing, with interest frotn date at the rate of eight per cent (8%) p~r annum until paid; interest payable semi-annually with principal. If default is made in any payment when due and continues for ~ 30 days, then at the option oi the holder, and without any ~ other notice, all the remaininq balance shall be due and pay- ~ able at once. ~ ~ And each of us whether maker, guarantor or endorser, hereby ~ severally waives and renounces any and all homestead exemption rights we n:3y have under the Constitution or Laws of the State of Fiorida, or any other State or United States, as against this note; and each further waives denrand, notice of non- paynent and protest, and in event it becames necessary to collect this note through an atto*_-ney, agrees to pay all costs of colleccion, including reasonable attorney's fee. ~ This note ma be re aid in whole or in art at an ' e w' - y p p p y tim ith out penalty. F~ ' All sums in default shall bear interest at 10y6 per annum. ~ ~ . • FORT PIERCE INVESTORS, LTD. $400.50 documentary stamps INTERNATIONAL LAND SALES, INC., affixed to original note and cancelled. General Partner BODlc ~~9 PAGE 1655 By S~ ~N`~'~' J. ST1~Rx Its President ~ - _ _ - _ ~ , s ~ ~ ~ . ~ ~ ' v~.~ ~ ` - ,