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HomeMy WebLinkAbout2240 i . ~ I TO NAVl~ AND TO HOLD tAe aa»te to~ethsr witk the tenementa. her~ditamenia. and appur- ii their h~rs a~?zd aaai~na, fee aimpts. tenancea. unto tAe said Mort~ayas_. arid - ;i them the ir heira. leyal repreaantativa+ - AND the aaid biortga~o~'~ f~' and asaigna dO eove»ant with aaid Mortgagee the i r heira. Is~al reP~'easntativea and i ~ S have indaJ6aaibly aeia~d o~ aaid land in fse aimple that asaigns that said Mortgagor-. uU er and lawf~ul ri9ht to convey aaid la»d in ree aimpis the aaid Mortyagar S• have 1 P~ aa ajoreanid; that it ahali bs lawful for aaid Mortga9ee-. the ir k~ra, iegai reprssentcF tives and asaigr~a. at alI time~ peacsabty and q~tly #o enter upon, hold, occupy and exjoy said land. that said land is free jrom aU sncumbrnnces; that aaid Mortgagor S, _ their k~ and i iegal rapresentativea, welt make sueh fta~the~' nsaurance to per'lect the fee simple titl~ to said tand ' f the i r keira le ai repreaentativea and aaai9na. aa f?+av reasonabty be ;i in said Mortgage~, , D required; and tlwt said Mortgu9o~"S• d~ -hereby fuAy warrant tht titIe to said Ia~nd and wiU defend the same against the iatvfs+l elaima oj all Pe+'s°'?~s '~°h°maoevar. . ~ ~ PROVIDED ALWAYS, tlaat if auid Mort9a9o*' S.- the i r l~irs, Iegal repreaentativea their tegul repreaentativea or asai9»a~ ~ ~ or assigns shall pay unto tke said Mo~tgagee-. the e~rtain promisaory note-, of whieh ths ~oltouring in tvorda and ~:9ures ~ i t;PROMISSORY NOTE•~4000.00 Port St Iucie F~orida,July 16 l~~ived, we promise ~o pay ~o. he o aer of J Bian o Q ni e M. Bianco, his i e~ the su Q $4000 ~0, payab e fol ~?s: ~100~ ~ a~ the end of three~ ~~o ths• ~10~0 QO•~~ tte hed si g)m n 10p0.00 at e en of n ne 9~~mon~~is; ; nd o twe ve~ L~o ths~ to e. er w th in ere on h w h n no e rom d a~ter ~he ~a~e ~ie eof a~~e r~e f n per cent~10~' per annu , wi h ; nterest pa ab1e uar~e 1 0 ~n ~ af~er ~he c~ te h re f ~r?d with ~nter st o pute alxa s on ~h~ ~nishin an u a d p~ c al balan es f ; he c~e t ev~d c~ hereb ~ r n a~ an ~i eS} c m~n~e c~g~g : ere n~er sh ~ ~ Pa ~b~e a : $~n~ ~os~ c~~r~in Wr~inQ'f.ro a~ su4h o~~er plac~ as the Payee or Ho ~er ~ay p~ q i ~me to time . p ~ ~'he fai~ure of the ~aker to ay any ~nstallment Qnu n~IIs ;~.pal and interes as an when it ma ures wi~h such ailure conti 1 ;tancured for 30 days after such maturit ~ate, shall confer upon the pay- ~ ' e or holder the privileace or option, ~hen or thereafter to be eaercis~c~ ; ~hile su h defa lt ontinues~uncure~ to accelerate anc~ call duE the enti e mount o~ princ~pa~ and interest ev~dence~ hereY,y which is unpaid, any- ~hinq in the within note to the contrary notwithstandinR. ~ The indebtedness evidenced hereby may be prepaid in Nhol 'br in part at an3~ time without pena~ty or premium for such ~repayment Ttzis ncste is secure by a mortgaqe evidence hereby aive i~nder ven da e herewith ; and all ~s s to whom thes pT esents maY o ~ ~re Te~eTred o the mort age fQr i~s e~ e t upon the w~tFiin note ana ~he ~pplication o~ the amoun~s paid pursuan~ ~o the mortgage, foness~evidenc in_q of releases of property from its lien, upe~ the indebted ~d hereby. , The maker shall waive demand, presentment for payment ~rotest, and notice of nonpa ment and of dishonor. If by reason of de~'au t n the payment of the note i~ becomes necessary for the payes or holder o employ an attorney to enforce the mortga e which secures this note, 'hen there shall be included in the debt ev~denced hereby and secured by ~hortgage all court costs and attorney's fees reasonabl~? incurred or ea- ended by the payee or holder during such enforcement by reasan of such ~efault . ; , ~ ~ % , ~ ' / ' , j ~L,~.~ ~'L : h - L ~ ` ~ St en A. Watts t _ i'~ /r~ ~ ~ i ,a-~_ GC;. / ~ s , ~rances M. Watts ~ ~ reementa, con- and shaU perform, eomPly with and abide b1/ each and every the atipulations, ag ditions and covenants of said promissorJl '?'wte-and of this deed, then thia deed and the eatate ~ thereby created shall cease and be null and yoid. ' i AND the said Mortgagor S., f or the m Q~ the i r heirs, legai , . ; representa.tives and assigres, hereby eovenant and agree: ~ A ~ B~J7K ~~a7 PACE ~~YO - _ T ~ ~''x c : - - - _ ~ ~ ~ ~ ~ c ~