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HomeMy WebLinkAbout0881 1 ~ ~I I ~i ~o ~inue a~d to ~iold ~~IP sume. fof~rlluv U~1~~1 ~~Itl ~PIIP/Ill'lt~J. ~N~OI~lIQI11PIlIi ,(1i1<~ U~l~~U?~1' 1 ; i`' •uu~c~~s I~ierrlo ~~~~~on~~iru~. an~ fhe r~nfs, issues anc~ proJifs t{~Nreu~. unlu I~~e mo~fgapee. in ~Np si~np~e. ~ , ~ , ~nd 11u~ m~~rfgaqor CAVNIIQf1I5 u~ilti f~?e mort{~agee Ihal Ihe morlgagor is i?ureJ~ps~bty SPIZP~ of sajd ~QtU~ 111 /PP Sthl~)~P: ~~lll~ ~~IP mo?f~apor ~Qf A~ righ! QII~ ~~W~l/~ AU~~O~~~y ~O CORVPy SUt~ ~QII~ a.t ajOM- i ~i s~i~: I~~~f I~ie morl~~agor ~ri« make auch jurt~er assuran~'es fo per~ecl !tie fee simp~e fit~a to snld ~and in fhe I murlgcif~ee as m~y reasona~~y ~e rPquirecl: lhal fhe morfgagor herehy ~u~~y u~a~rnnls the tif~e fo saicr ~end j I~ and ~oill dPJend fhe snmp aQa+~ist the Iaw/ul c~aims o~ all persor~s whomsoever: and Ihat suid Iand ia /ree ~ and cl~~ar o/ ~J1 cn~umGranres 1~ ~ I I ' , ~ ! . I , ; , ~ , ~ ~ . j~'.., ~ ~rQV(~ ~{lWAys~ t{~at i~ taic~ mortgagor :hal! ~y unto saic~ morlgages fhe certain promis- !i sory nole ~IPIPIIIAjIer suhstantia~~y copiPC~ or iclenti~iec~. lo-u~if: _ 30 . 400 . 00 Fort Pierce , Florida J.k. 19~ J FOR. VALUE RECEIVED, the undersigned, jointly and severally, proraise to pay to the ! order oi FIRST NATIONAL BANK OF FORT PIERCE , P. 0. Box 970 at _Fort Pierce, Florida 334~0 THIRTY THOUSAND FOUR HUNDRED & no/ lODOLLARS. with the principal sura of interest at the rate of nine per cent per annum from January 15 , 1976 until paid, in inatallments as follows : Sixty (60)~equal monthly payments of TWO HUNDRED SEVENTY-THREE and 52/100 s DOLLARS ($273.52), with the first payment to commence February 15, 1976, and a like sum on the corresponding day of each like succeeding period thereafter vntil Februa~ 15 1981 on which date the entire remainin r~nci al ba~ance E _ sha 1 become due an a ab e in one BALLO~I PAYMENT. Each mont ly ' insta lment shal irst e app ie in payment o interest and ~ then on the unpaid balance of the principal sum. ~ A late paymeizt charge not exoeeding 5% of the delinquent payme~t shall be added ; to each installme~t ~~r~ ~~paid five days after its due date, and a like ~ sum shall be added to each such installment taYpaid fiv~e days after eadi swcoeed- ing payment date. ~ ME~t HEREOF RESERVES THE RIGHT OF PREPAYMENT IN k~iOLE OR IN PART A~V'Y ANY T~ME ~1ZTHOU PENAI~TY . ~ If any installment be not promptly pai wit m ays next after the same be- comes due. then, at the option of the holder hereof, the full amount remaining due upon this note shall thereupon become due and payable at once, together with all other indebt- ~ edness stipulated in this note and in the mortgage given to secure the same. ~ The makers and endorsers of this note furth er agree to waive notice of non-payment, protest and demand for payment, and in case suit shall be brought for the coliection ~ hereof or the same shall be co3lected upon demand of an atton:ey, to pay a11 expenses ~ of such collection, ;ncluding a reasonable attorney's fee thereon. y State doc~entary stamps in the an~at~it ~ of $45.60 attached to original ~ note and canceled. ~n (SEAL) ~ John E. Sher ard ~ ~ _ ct.c'd' SEAL o s . errar ~ ~ ~ (SEAL) ~ a~~x 8~1 ~ ~ _ I ~ W~ ~ ~ ~ y rx - - . ~ a~~~".~~~ . ~ ~