HomeMy WebLinkAbout2404 . ~
~o ~~e and to ~iotd I~w SQ/I1P, IlN)YII~rr ~uil~~ fhr fpnPmPnfs, he?e~~ilnn~~nls nn~~ appurte•
ri~ni•~s I~u~refo ~?P~o~~,ryin~~. o~u~ 1~~~ rnnfs. issiees ~nc~ pro~ih I~~Pnwj. unto Ihp morfgager. in ~er simp~p.
~n~ I~~e ~no~l~a~~o~ c•or~~nonb u~il~~ 1~~e morfgagee ftiaf ihe morlqagor is ~nclr~Pasid~y srize~~ o~ said
~nn~~ in sim~~lr; 1~~ ~f the morlgaflor has ~ood rig~f an~ ~au~Ju~ aut{~orily to conney sai~r ~un~ as a~on-
sni~l; fiia! II~~ mo?fgoc~o~ ~rill malrN such Jurlher assiuartces to prr~ect II~P jpe simple lille to sai~I Iand in fl~e
mortc~~~ee~ ~s may ?pasonably be required: lh41 fhe mortaapor l~ereby Jully u~arranta fhe litle to said land
a?id u~ill dP(pncl fhe same apainst Il~e lawJul claims o~ all penons u~l~omsoever: and Ihat ~a~d la~~d t~ jree
anc~ c~enr o~ ~~I ~n~umhnnncps except taxes accruinq subsequent t0 December 31
19'74. ~
Upon the commencement in a Court of competent jurisdiction of a
suit for the foreclosure of this mortgage, Mortgagee shall be
entitled as a matter of right, and without regard to the value
of the premises, or the solvency or insolvency of Mortqagor and
without notice to said Mortqagor, to the appointment of some
suitable person or corporation as a receive~ for the premises
hereinabove described.
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ded ~tways, Ihat i~ saicr morfgagor s~a~~ pay unfo said rnortgopee f~e ceMnin p~on~ts-
sory nole 11PIPIIIAJter sutisfanfia~~y copied or idenli~ie~, fo-wif:
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~:~t
n~~IIO Fort Pierce. Florida August 15 , 19_~5~~
liiS SPBCZFISD BSIAW ~ ~
afier date, 1, we or either of us promise to pay to the order of
sv~r a~uc oF s~c. r.vcr$ covrrrn
---~i~e H~~+dred r Tbe ~~na nr~ no~7 pp~~~ DOLLARS ~
for value reaeiv~d, payable at Past ~lfiCe Bo~[ 8 ~
F~~ P~ar~e~ Fleria~. ~~4~Q with inte~est !
from dit~ at the rate of _$-j~~_ per cent per annum until paid; interest payable...u~~pj„~~gd '
~AZaM• 4
If d~tauh 's wyde in «w ar~~ when dw and cone~nws iw 30 day~, tMn at N~ option of tM hdda, and witlaue «qr ahK eohc~
aq 1At r~mairwq b~lsno~ sMll b~ dw ~nd paysW~ at once.
Ar~i Nd d us wheth~r nwk~r, ~uuuanta a t~doner. Mr~by s~veraly waivei and rawueKts any and afl homesaad ~x~mption HpMs .
wt iw+p hrw euidn tl» Ca~stinnion a laws M rh~ Sat~ of ftor~da, a snr ahe. SaM a Umted Sta~es. aa. ~inst tha iwat and Nch turthp
wai~NS I~MI~MM~, nOlio! of noRp~yONnt M~d pofest. alld in ~vMt it bltaBls ~1ltl~firr b tOUK1 thiq r10f! 1~vOYD11 aD i11011My. p?N{ !O Piy
~ . 0°"~'~°'"~ ~ ~^*Y• and spacificallp includiaq a reasonable
attq~~AY~ ~P~•~~ a~ .q~~~~1~ ProceediAqa . .
! A~~ su.s:n ddavlt sMtt b~o. c~r...a of larlf. p.. arn,.i.
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~ l~iccrued interset on all s~ns advanced by payse under that
~ certafn t7onstruction i~oan ~greafeat ~rith makers, dated Anquet
~ 1, 1975, s2ia11 be paid on Febr~tary 1, 1976. Thereafter, this ~
~ nots ahall be payabla ia monthly installmenta ot $1,487.88 :
i each coaosnaiaq on the lst day of 1~laarch, 1976, until paid in ;
~ full. $ach instull~ent ehall lirat ba applfed in payment ot }
intereat aad then on the unpaid balance ot the priucipal suno. ~
;
~ This note i~ ~ecured by a awrtqaqs ot even date hera~rith made ~
~
; _ by the aakera to the payee, vhich ~ortqaqe enc»bera vertain '
~ resl property situate in 3t. Lacia County, Florida, aa more r
partiaularly described thereia. The tasss aad conditiona of ~
said a~ortqaqe are by referaace aade a part hsreof. ;
i
~ $f15.00 in documentary stamps ;
' a fixed to original note and ~
` cancelled. ~
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: ~ 800K ~42 PACE24O~ ~
~ ~ s/ Douglas H. Kerr ~i .
; DQu~,qlas 8. xerr
~ a~. ~ f oan Rerr ~
~ Joan Rerr
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