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HomeMy WebLinkAbout0924 ~ ~t ~o ~ue and to ~iold the same, togethEr wilh Ihe tenements, her~dita~nents and appurte- ~ nances f~erefo belonginfl, anc~ ftie ?ents, lssues ancr proJils fhe?eo~. unfo I~e mo?tgople. in Jee •tmp e. ~ Ihe mwfgagor cot~nants wil1~ Ihe mo?tgagee that t1~~ mortgnAor ta indejeaaibly seized o~ saId land in jee simple: Ihnt Il~e mo?lgogor has good rigl~t and lawjul aulhortlr to con~sy aa~d land aa a(w~e- said: thaf fhe mo?tgago~ wtll ma~e sucl~ ~ur?he~ assu?ances fo pe?(pe! !ke ~ee simpje tit~s to said ~nnd in th~ morfgagee as may ?easonab~y be requi~: f~a! f~e morfgago~ here6y /ul~y warran4 the tit~u fo snid land and wil! de~end the same aganat the lawjul claims oj al! penona wkomsoever; nnd tl~at said Iand is f ne I nnd clear oJ all encumbrances ~ ~ ~ ~ j~',.. ~ ~~QV~~ ]~W~s~ lhat E` saic~ morlgngw sha~~ pay unto said mortgagee the certain promis- i sory nofe hereina~fer su6stantially copiec~ or iclentijtec~. !o-wit: . . . gort Pierce, Florida Julq 22 19 ~ ~?~4.~ 4 0 •~o ` FOIi VALUE RECEIVED. the undersigned. jointly and aevemlly. promiee to pay to the ~ FIRST NATIONAL B~ANK OF FORT PIERCE order oi p goX g~p __at Fort P~erce Florida 33450 ~W n~- ~ouse~n. an~n.n.l~-no- - - - Doi.i.nxs, w~tb the principal sum o! Au t 1, 19 74 until intereet st the rate of ten per c~nt per annun? irnm _ ~ ; psid, in installmenta as lollowa: I Sixty (60) equal monthly ayments of FOUR HUNDRED T~N'~'F0~ ~d ~ 95/100's DOLLARS ($424.95~, with first payment to commence i September 1, 1974, and a like sum on the corresponding day °sid ch ~ like succeeding period thereafter until the whole be fully p Each installment shall first be applied in payment of interest and then on the unpaid balance of the principal sum- A late payment d~azge ~t ~w~ed~ 5°~ of t~e delinquent PaYment shall be added to eadi ins iaztal]g.ment r~inin8 v~sid fiv~e (5) days after its ~ue date, and a like sun shall be a~dded to ea~chh such installm~nt unPaid five days ~ after each s~xcoeedi~S PgY~'nt date • The maker reserves~the right of prepayment at any time without penalty, in whole or in part. . tetl daye next after the aame be• I~ any installment be not promptly paid within ~e full amount remaining due upon comes due, then. at the option of the holder hereof. thia note ahall thereupon become due and payable at once. to8ether with all other indebt- edneas atipulated in this note and in the mortgage given to secure the same. ~ The makera and endoraera of thia note further agree to waive notice of non-payment. protcst and demand for payment, and ia case auit shall be brought ior the collection =s= hereof or the same shall be collected upon demand oi an attorney, to pay all expenses of auch collection~ including a reasonable attorney's fee thereon. ~ 1. Prooeeds ..............$20,000.00 ~ 2. r+brtg,~gee TitLe Insurance 1~0.00 /s/ JAi~S 0. BRIOGS (SEAL) dis~g oosts.. 86.00 ~ 3. Rec9ar Zp 000.00 Jamea 0. Briggs 4. Amo~xit Finmloed . . . _ . . . . 5. F`inAnoe charge 5,497.00 : ~ E. Total payn~en • . 763.00 (3EAL) ts..... 25, 7. AYmual perc~ntage rate..... lOr/e Dorot y. r ggs State docune~ntazY sta~nPs ir? the amouit of (SEAL) $7.50 attached to ari,ginal ~te and canoeled. ('Ihis is a substitute mte increasing the value . ~8K ~c~ PqCE of the original note from $15,000 to $20,000). ~z4 ~,x I u . , ~ ~ . - - . - : ~ . _ - ._~e~~