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HomeMy WebLinkAbout0964 ~ i ~0 ~~i~ Mli~ LO nV~ Ihe sume, fogef{~er wifti !tie tenements, hereditam~~ts anc~ appu?le- ~ nances Ihereto 6elonging, anrl the rents, is~ues nnd projils lhereo~, unfo I~e mo?lgagee, in lre ~imple. ~ ~ ~ the morlpagor coi~ena?~!s with fhe moNgagee 11?a! the morfgagor i: ind~~easibly seised oJ said ~ Iant~ in Jee aimple: fhal the mortgagor has Aood rigl~t and lau~jul authorily fo. conver snid land ns afore• t said; ~hat ~hP mo?tga9oi u~ill mahe ~uch Jurther asaurances to per~ert tl~e /ee sImple litl~ to sa~d land tn the f j mortgn9ee as may ?pnsona6ly 6e requtrecl: thnt Ihe mwtgogor tiereby Jull~ warranb ihe tltle to :ald lnnd j and u~ill de(end ths same agninsl Ih• law/ul clair?u of all persons wl?omsoeutr: and Il~at aaid land is ~?ee i a~d ~tea. of all enrum6ronces except Mortgage Modification Agreement between J. T. Stewart Mortgage Company, Inc., and Carl A. Davis and Hilda A. Davis, his wife, dated January 2, 1973, filed January S, 1973, and _ recorded in O.R. Book 209 Page 2063; and Assignment of Mortgage from J. T. Stewart Mortgage Company, Inc., to First Federal Savings $ Loan Assoc. of Martin County, dated January 23, 1973, filed February 1, 1973, and recorded in O.R. Book 210 Page 1836. ~ ~ I . . ~rou~ded ~tways, ftiat i~ snid mortgngor :hall ~y unto said mortgagee lhe ce~fain promi~- sory note ~ereina~ter suhstantia~~y copie~ or ic~enti~iec~, fo-u~it: Promissory Note dated December 18, 1975, in the principal amount of 5195,000.00, with interest on unpaid principal computed from the date of each, advance at the rate of 11 ~/2 percent per annum, ; due and payable in 144 monthly installments in the amount of ; ~2,503.80 each, the first of said monthly installments being due ; ; and payable on the lst day of February, 1976, and another of said ! ~ monthly installments being due and payable on the same day'of ~ ~ each successive month thereafter until said note is paid in full. ~ E i I ; ; ~ ; i I ; ~ ~ ` I i ~ f ~ ~ ~ ~ ~ ~ ~ ~ ~ - ~ u w~ ~ ~ ~ ~ ~ ~ ~ 0^ ~ aoac247 r~ 964 ~ . . : ~ ~ _ ~ , . ~ ` _ .