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HomeMy WebLinkAbout2857 + I ~ ~0 ~ W ~ Ihe same, togethK witk 1~~ ttn~m~nla, ti~?r~ifam~M{, and nppuN~- nancea therelo 6elonging, nnd fhe renfs. issues and pro`lls tl~~rool. unto I~e IwprtAapM~ tn ~a ain~p~. ~ fhs n~o~tgagor rnusnanta witl~ the ~nortgogse lhnf !ti~ nartgapor ia tnd~(.a,t6ly ,d~d o~ sdd ~and in ~ea simple: Ihat the rrto?fgugo? tiaa good rtgl~t nnd ~nwjuj aut~oritp to eonvep said ~nnd ai ajon- sotd; Ihat the mo?tgago? wtU mnlre auck (urth~~ n~swnnc~a to pe?/ect tke /~e almpb tttb !o sntd [and in t1~ ~ mo.~g~~ a. ~ay ~,o.~6lr b. r.aut.~d: Il~at tl~t mortgagor k.~.6y /uUy wa,mna eh. ~f~l. eo said la.~d + ~ nnd wtl! de%nd the awne agntnat tk~ luwjul claima o/ all pKSOna wl~omso~ua~: nnd that satd land ~a jrre i and clenr oJ al! encumbr+anc~es e ~ . ~ . ~ i i . ~ ~ ! ~V~ ~~s~ lhnt i~ said moNgagor ihnll pay unto said mo?tgagea tke certatn promL- ~ sory note hereina(ter su6stnntially copied or identi~ted, to-u~it: t ~ ~,,o l9 MONTOAGE NOTE ~ D ~ s 1, 000 . 00 Fbrt Pierce . Fbrid~ t s ~ M~y ?3~ , ts75 / FOR VALUE RECEIVED~ the aadenigned~ (joendy and severaUy~ it morc than one) promius to pay to ~Ai~IES L. ROUSE AND LEONE S. ROUSE, his wife ~ ~ or order~ in the maaner hereinattec spe~ed, ~h~ ~;p,t oc One thousand and----------------------------------no /ioo noi.r.~its ( S 1~ Q ~ 0 with inurat (raa date at the nte of 8~ per cent. per annuia on the balaace tran tia?e to time reauiniag uapaid. ' Thc said priacipal and interest ihaU be papabk ia lawiul awoep ot the Unitcd Sutn oI Ameria at or at wch place u may hereafter be designated br written aotice trom the 6older to the maker hereo(, o0 ~i?e date and ia the manner tolbwing: Two (2) semi-annual installments of $500.00 each plus interest, ~ the first of which shall be due ar,d payable onNovember 23 ,1975 , ' and the second of which shall be due and payab e~ on May ~3 , ~ 1976. i ~ ~ i ~ ~ ~ ~ ~ " ~ ~ Thia note with intcreit u ucured by a mortgage on real esute. of even date hercwith~ made by the maker hereo( in favor ot the iaid payee, and ~hall be construed and enfo~ced according to the la~+n of tLe Sute of Fbrids. 'I'he terms of uid mortgags are by thu reference K made a part hueof. ~ I( default be made in the payment of any of the su~ru or interst mencioned henin or in uid mortgage~ or in the per(ormance ot ~ any oE the ag~eements coatained here~n or in ~aid mortgage, tl~rn the entire principal sum and accrued intenst ahall at the option ot the hoider hereof become at once due acd colkctibk without notice. time being of the esunee; aad aaid principal sum aod accrucd iotercae ~ chail boeh beu interest trom ~uch time until piid at the higbnt nte albwabk under the law~ of the State of Fbrida. Failure to exercise ~ chis option t2uQ aot conatitute a vraiver of the rig6t w exerwe the ~ame in the event o( any wb~equent default ~ EacL peran li~bk hercon whether maker or endorser, hvebp ~+raives preaentment~ protest~ notice notice of pmtat and aotice of dir honor and agreu to pay all cosu, including a teawnabk attorney'~ fee. whether suit be brought ot aot. i~, after maturity o( ihis note or de(ault ~ hereundu~ or uadu said mortgaae, couwel ~aU be anpbyed w ooliect ehis note or to protect tbe secwitr af uid mortasae. ~ Whsnever wed herein the terms "}wWer", "maker" and "payee" ahaU be coa~wed in the NI1gYIii or plural a~ the context mar ~ rcquire or admit. ~ Maku • Addreu . ........................................(SEAL) ......'f~T~L'Y'AM"~. S ~ ~1't. ~ r ~ (SEAL) ~ o R ~t~rE ~?~rES s~~ ~ 80O.K.~~~..PQCE~r.~. ...................................................................~s~~L~ ~ ..........................................._.__.........---........................................(SEAL) N . ~ ~ _ , ` - : .Y _ -