Loading...
HomeMy WebLinkAbout0458 , ~o ~ve ttnD ta ~O~D the same, together tuith the tenements, hereditaments and appur- tenanres, unto the said Mortgagee in /ee-simple. aaid Mortgagor doea c~ouenant with 8aid Mortgagee that said Mortgagor is inde~ea- aibly aeized oj said land in ~ee simple; that the said Mortga or has full power and /awjul r~ght to c~onuey said land in fee aimple-aa aforesaid• that it 8hall~ law~ul ~or said Mortga~ee at all times peacea6ly nnd quietly to enter upon, ho~d, occup y o?~d en~oy sa~d ta,~d; that said land ia free rom all incum6?ancea; that said Mortgagor will make such further as8urances to perfect the ~~e simple title to said land in said Mortgagee aa may reasonably be required; and that said Mortgagor does henby ~ully warrant the title to soid land and will defend the same againat the lawful claems of all persons whomsoeuer. ~robibea ultua~s, that i~ said Mortgagor shall pay unto the said Mortgagee the certain promisaory note. of which the jollowing en tuonds and fi8ures is a true copy, to wi~ FO~Y NM • ~qR7~CtAC~ NOT6 ~ TUT~LAMX waw~cwso v. o~~~sa ~ ?vr~as uw ~ww~. h+w+r~w w.~ .n ~ss~ l S 3, 000. 00 . Fort Pierce . December 1 .19 E~R VALUE RECEIVED, the u~dersigned, (joiatly and sevcrally, it more thaa ooe) promises co par to DONALD G. HINKLE and LINDA HINKLE, his Wife . ~ " , or order, in the maaaer hereina(cc: spcci6ed, . ch~ p~wl ot Three Thousand an~ no/100-------------------------- ~L~ ° 3~ ~ 0 0 wi~h interest lraa date at the nte oE $ per cent. per annum oa the balaace f~om rime co timc ~emaining unpaid. t TFu said prin~ip,t ,~,d ~n ~ p,r~b~ in lawtul moacr. d the U~iced Scaces oI America at Fort Pierce, Florida a~~ P~ ~~r ~rcahet be desigmted br writtea nocKe Iraa che holder co the i»ake~ hcreo(. on chc dsct and 'm the maaner (olbwio~s Upon demand at the time that SUN CENTURY CORPORATION receives its last draw under the building loan which it shall receive from Citizens Federal Savings and Loan of Fort Pierce, or if said Corporation does not receive a building loan then upon demand. . ~This note wich interest u securcd by a mongagr on rca) escate, o( even da~c lxrewith, madc by the maker hereo( in favor oi chr said ~ ~ p~y~e, and shall be conscrued and ea(orced according co t}u laws oI the Sace oE Florida. Thc terms o[ said morcgagc are by chis re(ere~rc ~ ~ m~de a part her~o(. ~ 1( de(auk be msde in che paymcat of any o( cht sums or i~erest mencioned hereia or in said mortgage, or in the prr(ormance of ~ ; ~ny of ehe agr~emcnes contained hereia or in said mortga$e. ~hen the rn!ire pri~uipal sum and accrued intereu shall at the opeion oI che holder : ~ hrr~o( become at ooce due and coUecnbk wi~hout nocice, eime being of ehe eszence; and said principal sum and accrurd intcrest shall both j ~ brar inureu (rom such eime uned paid at che higlxse ntt allowabk under the laws o( ehe Scate ot Florida. Failure co exercise this opcion shall ~ ~ noc conscNUte a waiver oI che righc co excrcise che s~me in the event d any subsequent defauk. } ~ Each person lubk hcreon whether m~ker ot endorur, hereby wsives Presentment, praesc, notice, naice of praest and naice of disho~wr ' ~ ~nd ~grees to pay aU coses, including a reasonabk attorney's feF, wlxeher suit be brought or not, i(, after rtueuricy oi ehis note or defauk ~ hcr~undrr, or undrr said mortgagr, counul shall be employed to colkct ehu note or to protect the xcuricy o~ said moctgage. ~ Whenever uud hercin the cerms "holder'•, ••nuker" and "paree" shall be conscrued io che si lar or lunl u the cont~ ma ~ «qut« «~d~K. - SUN CENTURY COR~ORAT1pON, a Fiori~da ~orp. ~ BY ' ~ ~sF.~?L) ~ M~ker's Add~KS resi en Attest: ~5~~~ ~ Secretary ~ . ~s~?~~ # (SFA1 \ at~ shall perform, cvmply with and abide 6y each and every the stip ulatiort8. agreements, ~ ~ conditions and couenants of said proireisaory note and of thia deed, then this deed and the eatate ~ ~ hereby created shall cease and be null and void. , ~ ~ ,~1ttD the said Mortgagor hereby couenants and agrees: ' ~ ` ~ ~ ~ l. To pay all and singular the prinei,pa1 and interest and other sums of money pa~able by ~ uirtue oj said promissory note and this deed, or either, promptly on the days respectively the same seueratly eome due. ~ ~ ~ 2. To pay aU and singular the taxes, assessments, levies, labilities, obligations and encum- brances of every nature on said described .property eaeh and euery, and i/ the same 6e not promptly paid the said Mortgagee may at any t~me pay the. same tvithout u~aiving or af,~eeting ihe optcon to foreclose or any nght hereunder, and euery payment so made shall bear tnterest fi+nm the date thereo/ at the rate of g 1~2 per cent. per annum. p ~Q ~ AC~ ~ ~~JCK~ i V r~CE 2V~ ~ ~z~