HomeMy WebLinkAbout1040 30 ~ t0 ~1~~ 1{~e sams, iogethor wilh th• t~n~menla, tie~itnmenls nnd appuNf- .T
nances therelo 6elonging, and ttie rents, issues and pro/it: thereoj, wtto t~• mo?tpaQN, in ~N atmple.
~ the mwtyagor covenanfs u~ilk Il~e mortgagN that th~ nwrtAnpor ts ~nd~/~,tbty seized oJ aatd
Iand in fee simp~e: that l1~e mortgagor kai good ?ight and ~uw~u~ aulhoritq to eonvsy ~aid ~and as afore-
soid; tl~ol Ihe mortgagor wi~~ mn~s auch ~urtJ~e~ cuiw~nnce~ to pe~rct !ht je~ slmpl~ till~ !o ~atd Iand in th~ i
mo~lgagee as may reasonn6ly 6~ requirec~: tha! the mortgagar I~~re6y /ully warranb tl~s title to ,atd land s
and u~i[[ deJend ~he sams agains! the InwJu! cTai~s o~ all ps?sons wkomsoeoK: ~d ~hae :atd ta.~d ts Jhe
and clear o/ all encuin6rances
.
i
i
{
?
~
~ . a'.,.
I ~~V~~ ~UW~s~ Ihat i~ said mortgagor ahnll pay ~ento said mortgagee t~e certain prontb-
I sory note {~e?einojter substanlial~y c~opied or ident~~ted, to-wit:
_ 1
MORTGAGE NOTE ~
G~3~ , ~Q Foz-t rierce , Fto~;a~ ~
; ~ ~~Py 8, . 1975
- FOR VALUE RECEIVED, the uadersigned. (jointly and sev~rally~ i( more than one) promius to pay to
PY'.ilip A. P.llen, Jr. and Maria T. Allen , or ozder, in the manner hereinaiter iptcified,
:5~ principal or Two ~housand one hundred trirty and -------------~r.o ~i~ DOLLARS
2 13 d~ ~ ~ with intcrut from date at the rate of 1 Q per c~nt. per annum on the balanc~ trom time to time remaining uapaid.
a
TAe uid principal and intuest shaU be payable in lawful money of the linitcd Statea o[ America at
or at such place as may hen•aft~r be d~•signated by writan notice t~om the holder to the maket hereol~ on
the date and in the manner following: .
~ Six~y equal monthly ir.staZlments o~ $~:5 • 26 per r~onth beginning
; on tne . 8th dayof J~e ,i975, ar.d continuing on tr.e same ~
' d2y cf each mor,~h thzreafter until paici, including 10 per cent
j in~eres~ per annum on the unpaid baZance.
~ After 2~ :~onths fror^ N8y 8, 1975 the ~ortgagor nas the right 4
~ of prep2yr:.ent without penaity .
~ I
;
~
~ !
~ `
~ i
a
~
~ t
~ ,
~ ~
~ i
~
~ :
This nott with incerest is secured by a mortgaqe on real escate. of even dat~ hcrewith, made by the maker hercof in favor o( the said .
payee, and shall be construed and enforced according to the law~ of the St~te of Florida. The te~ms of said mortgage are by this re(erence i
•t made a put hercoL
If de{ault be made in thc payment o! any of the sums or interest mentioned hcrein or in said mortgage~ or in the prrformance of
~ ar.r of the agreements conained hcrein or in said mortgage, then the entire principal sum and acuucd interest shal{ at the option of the
~ ho:der hereof become at once due and collectibie without notice~ time being o[ the essence; and uid ptincipal sum and accrucd inter~st
- snall both bear interest from such time until paid at the highat rate allowabie under the laws o[ the State of Fiorida. Failu~e to exercise
~ chia option sAaB not constitute a waiver of the right to exercise the ume in the event of any ~ubsequent deiault.
~ Each perwn liable hereon whether maker or endorser~ hereby waives preientment, protest~ notice, notice o[ protest and nocice of dis-
~ ~o;~or and agrees to pay all cos~s, inciucing a reason~ble attotney'a fee, whether ~uie be brought or not. if, after matunty of this note or default
a; hereundes~ or uadu said mortgage~ counsel ahaU be empbyed to colkct this noee or to protect the ~ecurity oE uid mongage.
K'henever used herein the term~ "holder", "maEer" and "payee" ahall be conurued ia the ungular or plural u the context may
~ require or admit. /
~ Maker's Address ~8/ .'f~'10~~$..~.4'.i~ .~.r
................................•-°-••-----••••---.(SEAL)
_
~ TfiOu.AS AEIART
,
~ ~ ........................................................••-•............---........................._.(SEAL}
~ ~ P. (1. BOX ?1~3 St11A2't~ F'102'ia8 3349k ~ EAL) ~
~ .....................................:...........-........._..~..R....................--------............._.. - - - s )
h- ~rV ~ ~
> DODK PACF1V .......................(SEAL)
~
~
~ ;
_ ~ _