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HomeMy WebLinkAbout0988 ~0 (tis same, togefhe? with fhe fenemenfs, hereditnmenta anc~ appurle• nancet ftierefo be~onging, nnd 11~~ rirnls, iasues and prolils ftiereo~, unto fhe morfgugee, j~ ~es atmp~e• ~~RN Itis morlgngor covenanf~ wit~ Ihe morfgagee that Ihe mortgago? is in~efeasib~z aetzec~ o) aaid ~nnd in (ee slmp~e; Iha! t~~ n~origago? has goo~ rig~i and ~awlu~ aufhorily fo conwy s~ia ~a?ul w a~ore- said: thut ~6~ mwt~aeor wi!! mol~e sucl~ ~urthe? aasurances to perject the ~ee stmple Iitle lo satd land in !he nwrlgagee os may roasona6ly bs reyuired: !ha! tf~e r~u~igago~ 1~~6y ju~~y wam~ntr t{~e tlt~e !o sai~ ~nd and will de(end the ~ame agaiast !he lnu~Jul claims o~ all persons wl~omaoever: ond tl~at snid lantl is )ree and clear o~ aII rncumlx+~ncea except for taxes for the year 19 75 . ~s~ tha! aaid ~norlgugor shnU pay unto said mortgaeee !he certain promis- ~~iow 1?w~etn.k.r ,u6s~~«Uy oop~d or ldtnti~ied, eo-~te: ~fOr aQ0.00 rOtt pi~~cos, Flozi~a liov~ab~s I976. ~ AS ~RBI2~711~TBR SBT P+ORTB, atter date, I, vt or •itharof u~ pr~~iso to p~y to t2~ osc3er o! ~'ZRST ~i1~11'Zf~tAL BAN~ Ol~ FOAT ~aacs. ~o av~?ar.a Fsrty ~xo~~a ooii~. t~3so, oao. oo~ ~or ~ai~t. zao~iwd, paysbl+~ at 300 South Siuth 3ts~st, lort Piercti, llorida. rith int,+rsst ~s~o~ date at tba rate o! 8 3/4 psrcont per annu~ until paid; i~pt~rrat payabla ~onthly. llnd •aah o! ua, whether asker, guarantor o= and~rsar, hereby a~v~arally Maivas and isnounce~ any and all ho~t~ad exemption righta Me riay have vac~er th• Conatitution or Iawe o! tAs 3tate af Florida, ar any o~~r State, or Onited States, ae aqainat this note, and each _ lnrthar raivss demand, notive of aon-pay~at and pmteat, and in the ev+ant it b~men nac~ssary ta collect thia note thmuqh an attoznsy, a4reee to pay all eoats of collection, includinq reasonible attorney'e fae. This note shall be payable in succxeoive equal aronthly installs~snts of $2,498.63 each, includinq interest at 8 3/~ percent per annum, the tirat of euch installm~nts being due arid payable on the diy O! it-L•~_~,rrL" ~ ? 197~ ~~1d 8 lfkt3 paya~ent being mad~ on the vorrespon ng day ~each ~ucceedinq month tharea~ter until the sa~e ia tully pai.d. Pirivilege o! prspayment, Mithout penalty, is qranted payor. ~ ; 1~?11 paya~ents ehall apply tirst to intersst and thea CQ '4 prineipal. ' ~ Thia riote 18 seau~red by a~»rtgagv dead o! evan date trom the First i+tatiaaal Bank o! Fort pferce as Trustee under Truat l~qree~sent dated Septembar 30, 1976 known aa Ttust No. 43~0, as mortqaqor. Z! any inatallment o! principal or interest ie not paid whea due, or upon any delault in tha gerformance of any o~ the c~v~eauant~s or aqsuaements o!` thia ~tote, or any instruiasnt now or b~r~att~r evic3~naing or s~curinq thfa note oz the cbliqatioa rapreaentad hsriby, th~ ~hole indebtedneas (including principal and i~t~~st) ramaining vapaid, ehall, at the option of the boldar, beoo~ immsdiatsly dur~, payable enfl co2lectabl., and vhile in delault, thia bTote and deterrad intor~~t shall bsar l.atsrast at tha hiq2~t s~ato allowable under ll,orida laa. lIRST WATIO~I~L. BA*~K OF FORT PIEACS AS TRUSTSE under provisi4as o! o~ a~,~ P q~~ Truet Aq~cew~ent dated 9- 34- 76 knc~rn q as Truat No. d340 ~ Att est : ~ BY ~ (SS~AL) Vi ce res nt aa Truet ctr ~wh w~t~ - ~