HomeMy WebLinkAbout0662 ~4 ,jy~~ , r sv
~o ~iave• and ~o ~iotd fhe sume. I~~fl~or u~il~i~ ~nimtn~M ~~W+m.~nl~ ua~1 up~,~ulr-
i~anc~s fhPr~fo hwlu~~ninfl. an~ f~e ronft. issue~ ant~ pro~il~ I~~P?ro~. unlo Itie mo`f~opN. in ~k si~np~p.
~Ln~ Iti~ morlgogor conenanfs wtfh ll~e ?no?Idogee ftiuf fti~ morlgapo? Is si~dtl~a.i6tr spiu~ o~ soid
land tn j~~ simple; Ihal tl~e mo?Igagar I~u~ ~ood rtgRt ond Iaw(ul aulho~tty to conver sald land ~ ojon-
sard; ftiot 1/~e morfgayor wi« mo~re iuch ~urtRer asiw~ancea !o p~rlrcf fh~ ~e~ simplt litle !o said Iand tn Ih~
mwtdage~ ai moy ?ensona6ly b~ ~aquirtd: ttiat fh~ moilgogw tie?eby lu~~y u~arrantt !~s tit~e to said land
and u~i[l de(end the sam~ agatnsl fke lnu~jul clatnu o/ all pe?sona wl~omsotu~r: and ll~at satd Innd ti Jree
ond clPar o( ol! encum6ranca
~ _ .
~rou~ded ~tways, fhn! i~ sntd mortgcgor skn~~ pny unfo iatd moAgagp tht ce?Inin promL-
sory note ~ereina~fer :~6:ea~~ta1ly eopied or ldentt~[ed, lo-wtf:
P~lIS9Q2Y 1~1D?!E ~
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$5,000.00 Principal Zr~M: 5 yaars
$5,000.00 Fart Pierce, F].,o~ida Oct~aber 19, 1976
FO~t VAI~IE RDCFIVID, the urx3ersigned• jointly a~d severally. P~~ ~ PaY ~
the mder of ~5 R. NAILY and MQ~RGARF.T N~?IESC, his wi.fe, at 1607 Hispana
' AverYUe, Fort Pierce, Fl,orida 33450, f2~e p~incipal s~m of FIVE ~IWSAI~D and
~ no/100 DO?LI1~RS witli interest at the rate of nine per cent (9$) per annun fran
~ Octaber 19, 1976, until paid in installments as follows:
i ~
f 60 equal m~nthly payments of $63.34 each, oamnencinq Navenber 19, 1976, ar~d a
like sun on the a~rresp~niing day of each like suoceeding period thereafter until
the 60th payment at which time the renaini~g p~incipal and interest shall be due
and pai,d in one BAI~AON PA7~gNP. Each installment shall first be applied in
payment of iriterest and an #he unpaid bal,ance of the principal sun.
~e maker resexves the right of prepayment at any time, in whole o~ in part
withwt penalty.
~e makers a~ee that in the event the p~+operty s~curing this note is soLd by
them to a third party, then in that eveTt the entire unpai,d balanoe of this
note shall be due ar~d payable in full and that the seoorYl mo~bgage arid this note
shall not be assigr~ecl to a~ assuned by any third party without the exp~ess
written consent of ~[?~'S R. I~,LEY and M~RGARET ~'Y, his wife.
~ If an~ installment be not P~anpt1Y Paid within 30 days rnxt after tt~e same be-
crn~ due, the~, at the optirn of the h~lder hereof, the full amo~uit renaiuting .
due upo~ this nate shall thereupori becane due and payable at once, together R
wf th all othes ir~ebtedness stipulated in this mte ar~d in i-he mortgage given
to secure the same.
The makers and erxjo~sers of this nate further agree bo waive notice of non-
payment, p~rotest and denand for payn~nt, ani in case suit shall be brvught far
the ac>llection hercof or the sane shall be oollected upon demand of an attorney,
to pay all e~cpe~nses of such vollecti.on, includiryg a reasor~able att~orney's fee
thereon. -
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e~~ , (SFAI,) ;
?A6f ~ JOEII~1 E. CLYAZT ~
(SFAL)
GAII. H. CL~?TT