HomeMy WebLinkAbout2575 'f . . .
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~ w ~Ni (tis sam~. IogeftiK u~1l~i fhe lenemenfa, hm~jta~nenla ar~~ app~ute•
nances Ihe?Pto ~~onging, an~ the renfa. Istuea and projtfs fti~reof, unfo itis mwfgagv~, in jes itmple.
~ the mortpaqor couenanls wi~h Ih~ nwrtgnflee that Ih~ mortAn9o~ u ind/I.~,tb~r ~stsed oJ said
land !n ~ss sFmp~e: f~al t~e mwfgagOr hat good right and law~uj auf~o?ity lo c~onvnr aald land as a~on-
sald: thot ~l~e mo?tgagor wif~ ma~s sucl~ /urther assurnncsa ~o ps~i~ct thR /s~ rimp(~ tttb to satd land in tht
morfgagee as muy ?~eosona~?~y ~ nequtrorl; fhat the r+tortgcgor h...6r {u~~r rvamapN f~e Ilt~s fo sa1c, ~and
and u~ill deJpnd t1~e aai»e againsi /1~s lawju! ciatms o~ all penona wl~onuwver and that snid Iand b/re~
and clear o~ all encum6mnces
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i V~ ~~s~ thnt i~ satd morigagor thaU pny unfo raid mortga~~e ths c~rtnin prom(i-
~ sory nofe ~erefnafter su~afnnftal~y copt~ or idenfiftec~, to-wit:
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t 10~,?AAO _ 00 Fort Pie ce,, Florida November 17 ig 75
FOR VALUE AECEIVED. _the underaigaed~ ~ointly and ssveraUy. promise to pay to the
order of FIRST NATIQ,~jAL BANK OF FORT PZERCE
P. 0. Boa 970 at Fort Pierce, Florida 33450
the principil sum of ONE HUNDRED THOUSAND and noI100- - DOLLAR3, with
iatereat at the r~tte oi per cbnt per annn~ irom November 21. 1975nntil
psid, in iaatallaienta as iollows:
120 equal monthly payments of ONE THOUSAND TWENTY-NINE and 20/100'a
DOLLARS ($1~029.20), with the first payment to com~o~ence December
21, 1975, and a like sum on the corresponding day of each like
succeeding period thereafter untilDe~em~~r 21, 1985 on which date i
the entire remaining principal balance sha~l become due and payable ~
in one EALLO(~ PAYMENT. Each monthlq installment shall first be ~
applied in payment of interest and then on the unpaid balance of {
the principal sum. ~ ~
A late payment charge not ~~ae~edinR S'~ of th~ delinqve~t payment sh,all be added ~
to each installment r~emaining uYpa~d five daqs afteac its due date, and a like ~
sum shall be added to each such installn~nt ~d five ~after each st~ooee~ '
~ P~Y~t date. ~ MAI~R ~ R~VES RZ(~~T dF A~ Il1 ~iOIE ?
If any insts~ll~n~-be n-ot
prom~pa~u~~~iiii t~_ daye next after the aame be- `
comea due. then. et the option of the holder hereoi, the fnll amount remaining due upon ~
this note ahall thereupon become due and psyabte at once, together with all other indeb~ ~
edneea stipulated in thia note and in the mortgage given to eecure the aame. ~
The makers and endoreera of thia note further agree to waive notice of non-paytaent. '
proteat and demand for paymen~ and in case suit ahall be brnught !or the coltection
hereoi or the aame ahall be collected upon demand of an attorney, to pay all expenses
of auch collection, ;ncluding a resaonable attorneq's fee thereon.
1. Proceeds,...........$100,000.00
2. Martg,agee 1Ytle Insurmnoe 540 . 00 W. A. BOST , I I ~
3. Abstract Continuation 35.00 (gEAI,)
4. Recording fees...... 362.00 W. A. Bost, II
S. Amount Financed..... 100,400.04
6. Finance Charge 25,504.00 JANET J. BOST {SEAL)
7. Total payments...... 123,504.00 anet , ost
8. Percentage rate..... 9 1/47.
9. 2 Points Discount... 2,OU0.00
{SEAL)
State Documentary Stamps in the amount 0 R
of $150.00 attached to original ~ canceled. g~~2~ p~~~
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