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lO ~1AY~ ~ tO ~ the same, foget~er u?ilti iti~ len~mp~fs, tieisdltam~nb and appurle-
nances lhprofo 6elonging, an~ f~s ronfs, (s~ues anc~ pro~tts fheno(, unfo 1~~ n?ortga~t~. in ~se slmp~e.
~ fl~e mortgogor covenants witk tks neortgagee Iha! fhs morfgagor b irtd~l~,i6ly ~eised o~ ~aid
Iand 1n jea stmple; thaf the mo?Igagor Isos good right and bwjul aull~oritr to conve~r sotd tw~d as ajon-
snid: fl~af fl~e mo?tgagor will malre sucl~ ~urll~er aasum~ces fo p~rct t~s jee almp~ tlf~e fo aatd ~nnd in f~s
morfgagee at may reaaonably b~ required; that the rnorteagor h.~6r ju~~r warra~b th~ til~ lo isid ~and
and will dejend the some agot?est tl~e law(uI clutmi o~ all penons wl~onuoever: and ll~at ~aid lond b j?w
and clear o( al[ encum6rancea .
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1 ~~s~ t6at iJ satd mortgugor sknll poy unto aaid morlgaO~e t~e c~~tatn proenii-
, sory note /~ereina(fe~ substanita~~y copted or Fdenli~ied, to: wit:
- ----r...._ . _ - ~ :.._.~._s. - - - _
:12.500.00 Fort Pierce, Florida November 13 75 '
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FOR, VALUE RECEIVED, the undersigaed. ~ointly and eeverslly, promiae to pay to the
order oi FIRST NATIONAL BANR OF FORT PIERCE
P_ O_ Box 9 70 at F Pi r id
no s
the principsl aum o! ~L~ ~OUSAND FIVE HiJNDRED & DOLLARS, with ~
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intereat at the rate of 9 1 2 per cent per annum irnm November 24, 1975until ~
paid. in instsllments as follows :
120 equal monthl payments of ONE HUNDRED THIRTY and 54/100's
DOLI.ARS ($130.54~, with the first paymEnt to commence December
24 , 1975, and a like sum on the corresponding day of each like
succeeding period thereafter until December 2 , 1985 on which
date the entire remaining principal balance s a become due and
payable in one BALLOON PAYMENT. Each monthly installment shall
first be applied in payment of interest and then on the unpaid
balance of the principal su~.
; A labe payme~nt d~ge not ewoeedi~g S'~ of the delinquent payme~it shall be added ~
to each installment d five ~
~ Y'e~nainin8 days after its due date, ar~d a lik,e
~ sim shall be added to each such~tallment vc~patd five daqs afte~r each succeec~ ~
~ ~8 PaY~lt • THE MAKER HEREOF RESERVES THE RIGHT OF PREPAYI~NT
~ IN WHOLE OR IN PART AT ANY TIML WITIiOUT PENALTY.
~ If any installment be not promptty paid within - ten days next after the same be-
~ comea due. then. at the option of the holder hereof, the full amount remaining due upon
~ this note ahall thereupon become due and payable at once, together with all other indebt-
r ednesa stipulated in this note and in the raortgage given to secure tbe same.
~ The mskera and endoreera of thia note further agree to waive notice of non•payment,
~ prnteat and demand for payment, and ib caae auit ahall be brnught for the collection
~ hereo! or the same shall be .c~llected upon demand oi an attorney, to pay all expenses
~ of such collection, ~ncluding a reasonable attorney's fee thereon.
~ 1. Proceeds ..............$12,500.00
` 2. Mortgage Title Insurance 119.00 ~_Q
3. Abstract Continuation- ~ .(SEAL
~ a roKimatel ~
~ PP q•• . 35.00 eon R. Mock, ,
s 4. Recording fees.. 51.75 ~
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` 5. 2 Points Discount..... 250.00
~ 6 . Attorney' s Fee . . . . . . . . ` 50 . 0 (SEAL)
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~ 7. Amount Financed....... 12 500.00
~ 8. Finance Charge 3,414.80
~ 9. Total payments........ 15,664.8n (3EAL)
~ 10. Percentage rate...... 9 1/2x
~ State Documentary stamps in the amount 800K2~c~ PACE2iZ98
~ Qf $ 18.75 attached to original note and canceled.
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