HomeMy WebLinkAbout0975 ;i '
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1' ~o ~aue and to ~iotd 1~~~ sumP. Iogell~N~ wit~~ 1~~~ teriements. ~erec~itumrnis an~~ appurl~~
j~ nanres t~~~refo ~~~~un,yin{~, an~I fli~ rnnfs. issues an~ pro~ils 1{~e~reo~, unfo ftie morfgagee. in jPP simp~e.
I ~n~ f~u~ murl{~a~?or coi~enanfs wil~~ !he morlga{~ee l~~u! ttie mortgago? Ts indefeasibly seizet~ oj saic~ ~
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;j ~an~~ in ~c~~ simp~e; t{~af f~~e morl4~npor has good righ! an<< ~awJu~ aulhority lo convey saic~ ~an~ as aJore-
srtid: Ihat ~he morlc~~~or ivill malre such Ju~ther assuran~•es to per/ect the Jee stmple title to said Ia~d in the
~i mort~~a~~ee as may r~asona6ly be requirecr: thaf ftie morfflagor I~ere6y ~ul~y warranfa fhe fil~e fo sai~ ~anc~
ly and ioill de~end Ihe same against fhe ~nu~ful c~aims oj al~ persons whomsoever, and fhat said lnn~ is (ree
i ~nd cb~c,r oJ all encumbroncps except real property county taxes for ~975, and
I this mortgage is subsequent and inferior to a mortgage from John W.
and Bethany A. Stroud to J.T. Stewart Mortgage Ca., Inc. as recorded
I April 20, 1972 in Book 201, page 1625 of the Public Records of St. ~
~ Lucie County; and a mortgage from John W. and Bethany A. Stroud to ~
CIT Financial Services as recorded February 22, 1974 in Book 224,
~ page 76t3 of the t~ublic Kecords oi ~i. iucie ~ou;,ty, i'Za. ~
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~rvuided ~Iways~ t~af ij saicr mortgagor sha~~ pay unto saie~ mortgagee the cerfain promis-
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~ 0I I~P/l~l I , ~O-WI~:
sory nofe IIPfP117After sutislantia~~p copi
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For~w v .
tNSTALLMENT NOTE
: 3p,ppp,pp Port Pierce , F'lorida
day of u•r~~ l9
; For velue received. the aAdeniped, jointly end eeverslly promiee to pay ia lawlul money of the United Statea of
~ Americe to the order of ~~~t C. d1 Btt~l R. HasdMiC~ ' a~ ~9 Iq~Q ~~v~r ~t. ~.~t. P.
~ the aum of ~rt~ thouasad doll a ~=~p~ pp~ pQ ~ Uo lara, toge er wit
~ intereet at the rste of 8~g per cen~ per annnm on the defecred belancee natil pai"a; se~dpnaeipal aud intereet ehell
~ be paid in iastallmente oi not leee thaa ~p pipet~~thrtt 3q/~~= a9' Q ~ ~ach:
f the firat said iaeteilment ehell be peid on or before the day of ~ri , 1 73 . an~t~ereefter
~ on the g~ day of each end every ~~th during the contiauence o this loan.
~ Said peymente ehall be credited (irst to the pe~ment ot accrned intereat. and the belance d auch peyment in excessof 9oid
~ intereet ehall be credited apon the priscipal o( thie not~. ¦od theteefter intereet ehall be chsrged oolr npon the remwiningunpwid
~ prSrt of the principal. Said psymente to cont~nae untll the •~e6ate emonnt paid on •ccount o( princip~l ehall equel to the amoanto!
the total priocipa) promised herein. ~t! Cilir~t Ot ~~f tf! s~i~i ~iC! ~r~Od l~iti ~ir ~OD~1~
~ I( de(ault be made in the perment ot enr inetsiLnent onder thie note, aad i eoc de(~ult ie not mede good within ~hirtp daye. the
~ entire principal eum end eccrued mtereat ahell •t once become dne snd payable rvithont notice at the option of the 6older o( this note.
~ Feilure to e:erciee thie optioe sbsll aot coostitrte • w~i~er o( t6e right W e:ercise the ~~me in t6e event d an~ eabeeqneot defeult.
~ Thie aote ~nd deferred interest pa ments ~h~ll be~r interost •t the nte oi per cent per ~nnnm Irom mawrity until
~ peid. This note is secared bY •~j~~.~~- mort6~ge.
g Nor+. e6oald it becaoe necessarr to callect t6is aote thro~g6 an •ttorne eacb of as. r?hether maker or endoreer, herobY agrees '
to p~r •ll coets oi collection incledmg a re~~ouble ~ttoraej •[be ~od bero~r Naires prese~tmeq~ for payment, protest~ ~nd nouce
~ of prote~t wd aoapa~e~t. o~ tbb ~ote. `
~
~ S/ _John W. Perk i ns
~ ..............................(SEAL)
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~ S/ Patsy Lee Perkins •
2, .....................................(S£AL)
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