HomeMy WebLinkAbout1363 I` 30 ~{e f~s same. togefhsr wilti ihe ,tei?yn~nts. ~er~itaa?tttts nnd appurte-
~~ances Ihrreto 6elongivg, a~a t~e renfs. ~ssues and pro(ils f~e?Yw~, unto I~s ntoNgagte, tn~ jae si~np~e.
~ ~he morfg~gor covenants u•ilh the n~wtgaeee tha! the morteagor b ind~jeasi6l» seiza~d oj snid
~ancr in ~ee simp~e: tl~at ~he n+ortgagor hns go~+d rigtit and ~=w~u~ aut~ority to ~onuh? aa~d la.?d os a~ore- ,
sald; that ~he ~nortgagor wtll ma{r~ suck (urtl~er assurances ta pe~rct ths ~e~ sF~np~ ftf~ !o aatd ~ar?d in t~a
mortgn9ee as moy ?rosona6ly be required: that tke morteugor ke?~by Jully suananb tk~ titl~ to said Innd ~
and will dejend the same agninst ths lawjul clainu oj ull persons whonuofver: nnd tkat :atd ta??d t, J~ ~
and clea~ oJ alI encum6?+ances ' !
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~ ~rQV~ ~~s~ t~a! i~ said mortgngor iha« pay unto auid mortgagee the certain promts- i
sory note ~e~eina~ler subslanfia~~y copied or identtf
lec~, to-wit: ~
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~ s 14 , 200 . 00 Fort Pierce F~~„~a Au9ust 30 19 74 ;
FOR VAtI'E RECEiVED t4e unders~gned Cr~miscs !o pty •o the or3er o( ~
GEORGE_ G~~PgELL anc~ ROS~ C1~MF~3FLL, his wife ~
rhe p::~o~a! 5;:~ ot FOQR`PETN THOLISAND T[40 HL3i~DRED AND t•IO~100------- ~ 1~ ~ 2O0 . OO ~
. ~Jo la=s (S
toge~~e. w;rh m+erest Itr-.rcon f~om date, a1 Ih~ rate c.f _ ...._per ceet, per unt.i ma~u• sy. sa.' ~~~rrc:t
SEE BF.LOW
t~e ~g ca.aWe _ en r~e daY of a
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f ...~:h p•-ar. 41oth princia~! ar.d :-?_wes! b_~~S P~Yab!? m I.~wf•~I mcney of ttic, itr~lc 1 S~a'es or ;ts equ~vai~^t. a:
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f _ _ ...._sa•d F'+ncipal sum to be pay.~blc an !i~e cales and ~n Ihe amounts specf~ed bebv.. to :.,t
The sum o~ $14,200.00 being payable in annual installments
of 52,~00.00, which annual instal?ments include principle
and interest tr.ereon at the rate of 72$ per annum, said first
annual installment due on August 31, 1975, and for a geriod •
ai four years wi~h a Balloon Payment due the fifth year for
the balance due on the mortgage plus interest at the rate of
72~ per annum on the unpaid balance.
Privilege is reserved to prepay this note and mortgage at anytime
w~itho•at penalty.
F•~ti ma:cr a^d rrCCr;Cr :ev~.allv wa~ws ecma~a, orotest and nct~ce ol myWritY. non-paymeN or txolesl and all rer,uiremenfs necessa•Y lo hald ea-~+ a~
tc.•r . .•s ~-a~e.. e-+dc ,^•s
E~c'-^-~..3•er .l~';~ C^J1.•se. ~ur•^,,, a5•ees ;o•ntlv aad sc~c•al!r, te eav ~:i cos!s a! coiied:o~. inc4:c!~ng a f@35?'~3JI2 ?~~.xr2y's fr!< <n case ri~e Pr,~c:;.! of
~ r~:._ • o, ar~ p._.-,: o~ !'.e c~~~~•~al or a~ y~n~;,•es+ the.eon „~~i a~ ~Fv~ r~speUwe ma!u~:tv lhereef, c~ ~n case ~t bc,c-~+es r.ecessary to p:o:cc• •h~
s~c::r^. _.rol, wt:.,.F~r c.~! be b•^vynt or r~l
Ir:s ~o'e and dcf~r>ed ~n;c;i~yt c~v..-~cnts shalt cear ~aferest a~ t~•- ra!e ot ...a~ _pe• CBnt, pr- anrum ~rer~ rr.at:x:.y ~:~ni ~a~d
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7~~s note ~s sec~rcd bv a t lr$t. _~+:e~~g.:qe e~ evr_n d.ite h~,re+~~th a~d ~s ~o be c~n;t~us~! anc e~ferce.i ~cc^c~~ng IC the iaws of t~e S~ate e! ~.o•
~co~. d.,L~~.i: ,n ~Fo t,yren~ ef cr~^ap=1 a~~+o- •nt~~es! due on any r.e!e secu~~d bY sw~~ :•nrrg,ge a!I ~otes so ~ecured anc .e-*,a~roRg ,,~p.~:u s~:a~f Fo~th.n•~
Ceco:~~ dw' tnd payabl~ no:withs~and~ng rhe~t ten^r
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