HomeMy WebLinkAbout0250 ~o ~tue nnd to ~iold 1{ie same, to{~ethe~ ~ wilh fhe fen~m~nfs, tierec~ilamenfs an~ oppurle-
nanci~s Itierefo f,P~unf~in~, an~~ Ihe ?cnls, issu~s and p?o~ils t~iereo(, unto t~ie morfflagee, in Jee simple. - ~
~in~ I~~e morf~a~ar coi~enants wifh t{~e mortgaU~e Ihat fhe morf~a~or is ln~~e~easiti~y seize~ o~ sairr ~
lancl in simp~~; that fl~e morlpagor h~s goo~ rigl~! arid Iau~fu~ autl~u?ity lo convey sald land as afore-
sait~; fhaf 1~~~ mort~~npor wi~~ ma~re suc~~ furl~~e~ assuranc~s lo p~rf~~•f 1~~e fe•e simp~e fil~e to sai~ ~an~ in ftie
mo~lga~ep as may r~asonaLly tie requirrcl; Ihnf f~ip murtgapor herehy ~u~~y wananls f~ie fil~e fo saicl ~anc~
and u,ill defend Il~e snm~ af~ninsl Ihe ~au~~ul clnims o( a~l p~rsons u~I~o?nsoever: and fhat said Iarul is Jrne+
and ~1~~ o/ alt.~~~~~~m!)MflfPS except taxes subsequent to 1975, and a~rior
mortgage dated November 16, 1973, recorded in Official Record Book
221, page 2870, public records of St. Lucie County, Florida, as to
which mortgage this mortgage -is secondary, subordinate and inferior.
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rouuled ~lwnys~ f~~af i~ sai~I morfga~~or s~~a~~ pay unfo saicl mort,yaflee t{~e certain promis-
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~ sory note ~nreina(I~r su~~sfanlia~~y copiee~ or ic~enfijie~~, to-wit:
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~ 30 ~ 4~~• s~ Vero Brach, Fforida D~C~= 3 ~ , 197
~-~--~4~~~.4___~.~~~~- afier date, I, we or either of us pron:ise to pay M tht
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ta ,h.~ .~,«t, wr~ ~t 1~a~.~~t1~ ~in,.r ~r--Pt.-Lw -~ar#df--33385-
or s_~rch ot~er piue as aa~r bs d~signat~d br pa~re~ ia xritin,L_
~r, / o7G G.t tF+e nte of 7 ~ pe. oenr per ..vxm, unti~ pa1d; intercst paysble aa ltatad belvl/ ~ .
Nch ~a whetMr msker, ~uararMa or endors~r, M?eby sev~traRy wsires and renounces ary and a11 horaesTead exemption rt~hts yr~ may
have under tha Constitufion « Laws of ths Stats of Florids, n any ofFw State, w Urrted Stata, as asaiest this note: ard sxh ivthar waiws drmand,
notiu of non-psyme~?t and P?otdt, and in tM erenR ft bscanss neaessary to oolkct Mfls note ttrq~ an aHo~neY. +~rps fo psy sll cosfs of ooN~ctiw~,
i~clu~ns rsasonabtt morne~/s tee. . -
If defauM is mad~ in p~ymer~f wF~ee~ due, tha~ at the option of tM holdar, and withouf w~y ofhe? notic+, tll fhe ranaini~ batann shall b~
d~w and paya6k ~t once.
~ Tl~e principal d~bt shall be paid in ten t10) eqnal annual.install~ants
o! 53,042.85 s~ch fallinq dw the second dap of Jannary, 1977 anQ t2~
; seeond day o! JanaarY o! the snceNdinq nins (9) pears. Interest ahall
; b~ paid annaally an principal papinq datea anR! ~hall bs in addition to
: ths pay~eAt o# princigal. prigi9c~, o! full or partial prepapm~sr?t
; ot principal ~rithoat pr~e~ or penalty att~r 1976 is rsoerved bp the
; aaker. This nots is sscnred bp a p~urchas~ ~y ~ortqaqe ot even date
; as~d is snbiect to th~ tsrm~ and oonditions atate~! thsrein.
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; ~ Joseph Jacob~ Ad~vert~ng, Iac. ~
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~t~st t
/s P B. ,7acobs Bps /s/ Richatd Alan Jacobs ~
1~?ss stsnt Secretary - -----------------~resi~ent ~
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` I' ~ ~ 248 Pa~ :~4~
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