HomeMy WebLinkAbout0901 ,i
~i 1~~P snme. f~~el~u~r with 1~u~ fenemenls. ~~e~e~Iilamrnls uni~ uppu?f~• I ~
, ~0 ~i1Ut aill~ t0 ~ ~ ,
~ iianci>s Iliereta ~~~~unqinc~, an~ 1~~~ mnls. issues an~~ proJils f~~pr~w~. ~u~lo 1{~r morigagee. In JPP simp~~.
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j ~nd f~ie murl~agor i•oi~enanls wif{~ 1{~e mo?fgagee I~~at tha morlgagor is increJeasib~y srize~~ aJ said j
In?ul in (ee simpl~: ~hat 1he mortgapo~ has goal right and lawf ul authorily fo convey said land as af
ore- ~
I~ s~id; tha! ~he mortf~apo~ u~ell make sucl~ (u?ther assuronces !o pe~f
e~ct tl~e Iee simple title !o said land in the
morf4~ng~•e as may reasoriably 6e requirec~: Ihal the _mortgagor hereby f u~~y u~arrant~ fhe til~e lo sai~ lantl !
i a~u( u~ill <IeJ~ncl ihe same a~ainsl Ihe Iaw~ul claims o~ oll persons whomsoever; and t6nt said land ts jree ~
~ an~ ~~~rar of aII encum~~rances
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' ~rou~ded ~tways~ lhnt i~ saic~ mortgagor shnll ~y unlo said mortgagee f~e ce?fain promis-
~ sory nole ~ereina~fe~ suhslaritin~~y copip~ or iclentijiec~, to-u~it: I
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t 70, 000.00 Fort pierce, Florids - September 25 ~ ~q 74
~ls itied belo~r after date, I, we or either of us p~omise to pay to tfie order of
grea s. r~x and gleaao~c D ~y ~
SeventY ~OY~~ ~O/`o0 ~~~M~~~~~M~~~M~~~~~~~M~~~~~ ~~l.~V
~s~__.~s 4w~.i. ~~sYna _ Flnr~[ls~ 3~Lrf01
for vslve received, payable at 4707 Ole8nd~1,.~..~
with intercst -
frorn at the rate of pe~ cent pe~ annum untii paid;
If afauH is made in +nY WYrnent wMn d~ u?d cont~wes fw 30 d~ys, tMn at ttw opt~on of tM hoider. a+d without +nY wlw~ no~iu,
' ~tl tM remainin~ i»lanc~ ahsll be due u~d psYsbk at w~ce.
` Md Nch of w whether m~ker. ~++rantw or endorser. herebY sevaally wsive~ and renounces aoy and all fiornestead ~xamption ~iy!?ts
w~ may 1»v~ vrd~ 1M Constitut~on ~r tsws of th~ Sut~ o( F1aid+, w+ny whsr State a United Sutes, as spsinst this noas and ~+ch firtth+r
~ h an anorney. ~ynes to WY
~ waives d~d. ~~^~^"P~Y~ P~fest, and in event ir ~ecomes naceuary to collect fhi~ noM thrag
S ~N toab d co1MO~a4 'a~cl~+di~g rea~onabl~ atlwney's fte. .
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~ Thit taM nMY ~ P~~P+~ in wiwb or in psrt ~t any twn~ without penahy.
All suns in dsfovll shat) bwt int~?~st ot ldib per «mum.
z7ie princigal aad interest shall bo payable aa follars:
1. Buyers to pay.~13,200.00 0~ priacipal not later thae sin (6) siontha
fs^oa clo~iaq and aot be~ore Jaauary~l,~ln~s rclosinqgi! sua is
$13,2A0.00 to beqin to accru~e si~C
not paid on or befots that 8ate. '
2. Balanae of ~56,800.00 t~o be paid oves fitteen t15j Years ia thi~ctY ~
(3Q~ semi-annual pay~eat.+~• A~voru~ad int.e~c~st on the ttnpaid balancs ~
shall be pai8 xith eaah paYa~snt oi principal. Iaterest on ?
$56,800.00 shall accrue ~s'aa dat~ of alosiag. T~e firat paymsnt ~
shall be dne oae i1f Y~ ~s~o~a d~ste o! closinq.
3. The payors, at their aptica~.. a~aY d~lay PaYiuent o~ aay siz t6) o! -
their ~ami-anaual principal payvsuts c~oaing due for up to thirtY-
~ aiz ~36) a~oaaths. Ia tbe event of aay euoh deferra2, iatsrest paY-
n~ants ehall continure to bs dwe seai-annn?allp.
~ If this noto i~ paid otf vithia throe (3) Years of date o~ closinq,
~ 4.
~ payors shnll pay tro PaYe~ the a~ount o! additional Feci~cal iacom~ ;
~ tas iacurred by payaes because oP said prepaymaat. Atter the ~
~ = expiratioa o! tbree ~3) years, paYur~ aaY PrePaY at any ti.~, ia
- i ,.bol. or in part, „~.t.t~out penalty• _
,~5. Zf payora sell thr property !or Mhich thi.~ note ia qiven, th~n f
~ paraqrapb 3 abov~ shall bec~ i~noperative.
~ ~ ~ /s/Thomas C. Hayslip ~,u
mas . ays ,P
~ /s Norman E. Ha s s~?~
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