HomeMy WebLinkAbout2929 ~
:I
~
~I ~o ~ue and to ~old ~~IP SQO1P. ~O~P~~IP~ W/~~t ~hP ~NfIPIRBfI~l. he?edilame~ls qfll~ l1~1{)I~I~P-
~i /IQIICPS ~~IPlP~O ~lP~UII~111~. A/l~ ~~IP M/1~5. isaues ancl p~ojl~S ~~IP?POJ. U/l~0 morlgaget. lfl'PP SIflIP~P_
~nd Ihp murf~agor covennnts u~~ih ~hp morfgnpee !ha! the mortyagor is incleJ~~61r srized oJ said
land in /pe simplP: that I{~e mortga~or hos good right and lawf ul nuthortty lo coni~ey said laiid as ojors- ;
sai~l: lhat ~hr mo?tflagor u~ill malre such (u?ther assur~ances to pe~ect ths jee aimple tille !o snid Innd in tke ~
i~ :
mo~t~a4~ee as may reasona6ly 6o rpqui?etl; Ihut the mortgagor I~sre6y ~uQy warrnnls the titlo to :a~d lond
I~ a~u1 u~ill cleJrr~d the same ngninsl the lau~Jul claims o~ a!l persons wl~omsoeaer: and if~a! :oid la??d is ~ree l ~
ane~ c~~ar o~ a~~ encumtirances ~
i I ~
+ ;
i ! :
~ ~ }
~ }
~ f
~ i
, ~
~ ( ~
ij i .
~ ~
~ ~
~
i ,
~ -
~ •
~rou~ded ~iways, tf~at i~ saic~ morfgagor stin~~ pny unlo snit~ morfgngee the certain promis-
sory note ~P?einaJter sutistantia~~y copie~ or ic~enfifiet~, fo-wif: ~ ;
,
f
a15*n00_00 Fort Pierce, Florida July 22 ,Q 74
FOA VALUE REC~IVED~ the undersigned. jointly and severally, promise to pay !u :he
order of FIRST NATIONAL BANK OF FORT PIERCE
p~, gox q7Q at Fort Pierce. Florida 33450
the principal sum of FIFTEEN THOUSAND and no/100- DOLI.ARS, ~v:th
interest at the rate of ten per cent per annum from Aug~us t 1, 1974 until ;
paid, in inatallments as follo~+?s :
Sixty ~60) equal monthly payments of THREE HUNDRED EIGHTEEN and ~
71/100's DOLLARS ($318. 71) , with first pay~aent to coumience '
September 1, 1974, and a like sum on the corresponding day of each
like succeeding period thereafter until the whole be fully paid.
Each installment shall first be applied in payment of interest
and then on the unpaid balance of the principal sum.
A late payime~nt d~arge not exceeding S°!o of the c'.elinquent payme~it sha~ 1 be
added to each install.ment ~"~?nin~ uYpaid five (S) days after its due date,
~d a like sun shall be added to each such installment unpaid five c~ys
after each sucoeeding payment date.
The maker reserves the right of prepayment at any time without
penalty, in whole or in part.
If any installment be not promptlq paid within _ten___ days next af±er the same be-
comes due~ then~ at the option of the holder hereof, the f~ll amount remaining due ~.iron
this note shall t~iereupon become due and paygble at once, together with all other i„~?eb±-
edness stipulated in this note and in the mortgage fi«en to sec~ire the same. ;
The makers and endorsers of this note further agree Lo ti~ai~~e notice of non-pay^~e~~t. ~
protest and demand for paymer_t. and in case suit ~hr.ll be brought for the coli~~~t:~~n ;
hereof or the same shall be collected upon demand c~f 1n aLtorney, to pay ali exP~i~~es i
of such collection~ ;ncluding a reasonable attorney's _*ee the:-eon.
~ 1. Proc~eeds .................$15,000.00
~ 2. Nbrtgagee ~tle 7nse~~oe 150.00 '
3. Reo~rding oosts.......... 60.50 /s/ JAIrFS O. BRIOGS '
(SEAL) r
~ 4. Amount Financed...... 15,000.00
5. Fin~oe charge........... 4,122.60
6. Total payme~rits........... 19,333.10 ~S~ ~ N• SEAI,
7. Arrmlal peroentage rate 1~/0 ~ ~
State documentary stamps in the
amount of $22.50 attached to (SEAL)
original note and canceled.
BOOK PAUf ~929 -
I I
II
_ ,
- - - - - ~r.~~
- ~
~g <
7. ? ~~~.v . (=.Y _ . . V . , . _ _ ' _