HomeMy WebLinkAbout2411 ~~f1Y~ AI~ W~~ Ihe same, t~Rehsr wt~h t~e lenwnenta, k~?~ditan~tnb and nppurte-
nances Itierefo {,P~oi~ping. an~I II~e renla. lasues an~ p?ofifs lkereo~. unfo Itie mortgage~. in ~et ttmp~.
~ the morlgapor c~ovenanb wilti f~s morfgapwe tha! ttie mortgapo~ ia indsj.asl6[r s.iud o~ sald
land in Jee simp[e; that tl~e mortgagor l~m good rigl~t and Inw~ul autl~ority to oonvsy aaid land w a~on-
said: thal the morlgago? will make auch /wfher asau?nneai to psr~ecf f~e ~~e simp~ fil~e to snid ~and tn tht
morfgngee as moy ?easonn6ly 6e requtred; that the mortgagor 1~en6y /ully war?nnb t/~~ tltls to ~atd la,~d
and wtll de~end Ihe same agains! tl~e lawjul claims oj all pQraons wl~omaoever; o?id that iatd Iand b/?e~
and clear oJ al[ encumbmncc~s
.
~V~ ~~ys~ thal i~ said mor~9agor shall pay unto said mortgagee the certain promt~-
sory nofe f~preinaJfer su~stanfia~~y copiecr or ic~enti~iecl, lo-wit_
~ 25 , 000 . 00 _ Fort Pierce, Florida November ~Or.19Z4_
F.OR VALUE FtECEIVED. the undersigned, jointly and severally, prnmise to pay to the order oi .
EDWARD F. FELIX and VIRGINIA M. FSLIX, his wif _ 'i
TWENTY-FIVE THOUSAND & 00/100ths--------- DOLLAR$,
at or such other place as
the holder hereof may designate in writing, together with interest from date at the rate of ~ 1/4$
per centum per annum. on the unpaid balance until maturity. The said principal and interest shall be
due and payable as follows:
Payable in five (5) equal annual payments.
The first payment to be made on February 15,
1976 in the amount of $5,000.00 plus interest
at the rate of 7 1/4$ per annum and interest
' ~ ~ shall be payable with the principal payment.
~
I ~ PREPAYI~lENT WITHOUT PENALTY AT ANYTIME. ;
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` If default be made for 30 days in the payanent of any installment ot principal or intereaE or
; any part thereof, the wbole sum then remaining unpaid with interest shall at holder's option become
' due and payable without notice. Failure to eaercise such option sball not constitute a waiver o~ the
; right'~co exercise the same in the event of subsequent defaulk After maturity both principal snd accm~-
~ ed interest shall besr intereat st ~ 1 4 per centam per annnm until paid. The makere and endorsers
3 of thia note iurther waive demand, notice oi non-paymeat and proteak If thia note is not psid st mstnr-
~ ity and the ssme is placed with an attorney ior collection, the makere and endorsers ereof agree to pay
; all costs of collection, including all court costs and re ttorney fees.
.
~ (SEAL)
~ ~~~K 245 P~f240~3 • ~ c~~~
~ ~sE~1
~ E. FELIX
_ (SEAL)
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