HomeMy WebLinkAbout2550 1
i
~ W !he snme, togethe? wilh fti~ fsnsnlenls. he~~faw~~~la and oppwfs-
nances Ihereto bt?~onging. an~ fhe +renls, issues ancl pro(tfs fhvreo~, unto~ morigages, ~In~ jee simp~e.
~ fh~ mo?fgagor rnverwnts wifh itie mortgagee t1~a! f1~e mo?t9ogor ia indef~„ibty setzed oj aald
~nna i~ ~ee simp~e; Il~at fht mortgagw I~w good rtgl~t und ~aw~u~ authwity to ~o~wr ,aid ta.~d as a~ore-
satd; Itiat the mortgago~ will malre such /wther wsuroncea to pe?/sc! the j~e atmpG Utle to said land in tl?~
~norfgngee aa may ?easonably be requi?vd: thnt the mortgagor ktnby juUy u~anantr tke title to said, land
and u~il! dejend tl~e sarne agairut fhe lawjul claima o~ nl~ peroons wkomsoever and ~I~at said Icnd b/rot
und clear of all encum6rances
i .
! ~~'Q(~~ ~~s~ that i~ said mortgagor shall pny unto said mortgagee the certain prornia- .
sory nofe hereino~ter su6slantially copied or iclenti~iec~, to-wtt:
- Fo~'t P{ erc~~ F7 ~r~ dA ~jnng~e~Q._ 19_~
' , x VALUE ~tECEIVED. the underalgned. ~oiutly and severally, promiae to pay to the
order of H. SMITH 8nd M~RGARET Z. SMITH, his wife, ~
1701 Siepana Avsnue 8t Fort Pierce. Florida 33450
the principal aum of ~IRTY-TWO TH~_I_SANn smd ~,n~~ nn~ DOLLARS. with
intereat st t2~e rate oi _8__3,~._ per cent per annum irom a~- until
paid, in installments as fotlowa : ~ .
One H~dred Eighty {180) equal monthlv paym~ents of T~IItEE AUNARED
FIFTESN and 10~100' e DOLI.ARS ($315.10~ , with first papm~ent to
i com~ence December 20, 1974, and a like evmi on the correspoading
! day of each like eucceeding period thereafter vatil the whole
€ be fully paid. Each inbtallment ehall first he applied in payment
~ of interest and then on the unpaid balance of the principal evm. ~
~ The maker reserves the ri ht of re a t at an time without
g P P Y~n ~
p enalty, in whole or in part. after Jaauary 1, 19 5.
If any installment be not promptly paid within daya next after the same be-
comes due. then, at the option of the holder hereof, the iull amount remaining dae ~ upon
thia note ahall thereupon become due and payable at once. toSethar with all other indebt• •
ednesa stipulated in this nate and in the mortgage given to secure the same.
The makera and endorsers of this note further agree to waive notice of non-payment~ ~
proteat and demand for payment, and in case suit ahall be brought for the collection
hereof or the same shall be collected upon demand of an attorney, to pay all expenses
of guch collection, including a reasonable attorney'e fee therean. .
~ -
~
~ State Documentary Stamps in the /s/ R. W. PADRICR ~gE~,~
amount of $48.00 attached to R, j-:. Padrick, as Trustee ~
original note and canceled. _
_ _ (SEAL)
>
(SEAL)
sooK 2~ PacE ~J~
~sEAL)
~ ~
~r ~ ~ _r~~~,_ _
~ ~ ~ ~ ~ ~
~ ~
_ _ ~-~~~~.~~~~~,~--~~~s~~w~~'~._~ ~~Y