HomeMy WebLinkAbout0427 ~V~ W nY~~ f~e same, fogelher with f{~e lenements, f~eredilament~ ancj appurte-
nances ihereto belonfling, nnd the renta, issues and proJits fhe?eo), unto the mo?tpagee, in ~ee simple.
nll~ tl~e mortgaflor rnvenants wiih I/~e mortgagee Ihut l~~e ntorlgoflor is indejeasi~~y seizec~ o! iaid F
lund ~n /ee simple: lhat Ihe mortgago~ has good right and law/u! auiho.~~y ~o conuey said land as a~o~e- ;
snid: Ihal the mortgagor will make siuh jurthe~ assurances fo pe~ject the jec? simple title !o said Iand in tl~e i
morlgagee as may reasonably 6e required; fhal !he mortgapor here6y fully u~arrants fhe litle to said lnnd ~
and wi11 de~en~I the aamA against !he lau~Jul claims o/ all perso:u whornsoeue~; nnd Ihat snid lu?u1 is jree
nnd clear o( all encum6rances except taxes accruing subsequent to December ~
31, 1974.
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i ~~V~~~ ~~w~ys~ 1{~at i( sai~ morfgn~or s~ia~~ pay unto snid mortgagee the cerlain promis- a
sory nole hereina(ier su6stanlially copiec~ or ic~entijie~, fo-wit_ - ~
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~ 150.000.~~0 .~Z Fort Pierce, Florids J~y , 19~- -
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~ AS HER£INAFTER SET FORTH affer date, 1, we or either of us promise to pay to the order of ~
~ FIRST NATIONAL HANK OF FORT PIFIiCE ~
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~150,OOO.flO~ ONE F~UNDR$D AND FIFTY THOUSAND ~1ND NO/100 -=--=-----DOI.LAIi.S #
for vslue received, payable at 300 3outh Sixth Street~ Fort Pierco, Florida 33450 ~
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with inlerest Y
fro~*+ at the rate of
10 ~r cent per annum until paid,- interest payable ~nthly s
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If d~fwM is mads in sny paynwnt w~~sn dve, tben at th~ option of 1hs holder, and witlw~+t any othet notice, aq th~ remainirg bai+nce
~Fril b~ dw snd pay~bl~ at onae.
Md ~ath of us wMthv malw. ~uarsntor or ~ser, hsr~by iw~raily nn[ves and renounas ~ny s~d all hon+estead ea~mption riphts vw may
h~w und~r tM Coesritu~ion a laws of the Stm of florida, or srry other Sstst~ or Un~ted States„ u ~g+inst this oot~; and euh fwtha waives da
i n~d notioe of ooo-psy~nenf and prot~st. and in everM it becom~s nec~ss+ry to aolbct this rah tMwgh an ~ttomey. +~rees to pay all costs of -
~ oollwion indudirg naaMbl~ +ttanh/s fe~. . -
This note shall be payable in equal, successive monthly inatallments of~
$3,188.00, includirtg interest at the rate of ten (10 per cent per ana~s
the first of auch monthly installments shall becos~s due and payable on
~ the 15th day of September, 1975, an8 each succeseive monthly installment -
~ shall be due and payable on the like day of each succeeding nnnth there- -
after, until the whole of said promisaory note is paid in full, including .
principal and interest. Privileqe of prepayment at anytime without ~
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penalty is hereby granted payor. *
PONEY PINES, INC. ;
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~ gy ; S/ARTHUR F . WOOD
~ _ ARTHUR F. WOOD, PRSSIDENT ;
No Due gy; S/JACR GORHAM ~q~~ ;
~ JACR GORHAM, S$CRETARY s
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