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HomeMy WebLinkAbout0558 ~Q ~ ths san~e. log~fti~? uiith tti~ IQn~nwnb~ h~»ditom~nta nnd oppwf~- nancea Iherolo be~nging. nnc~ fhs ?snts, fssues and pro(Ib lhsroo~. unto tti~ mOrlp~N. ~ ln i~P~• n1~ fhs mortgagor oovenanli u~jlh l1~~ mortgogN Ihaf fh~ mortgapor is ind~/.a.~6ly seis,ed of rnid ' ~anc1 in fee simp~e: lhaf fi~s nw?lgngor hw good ?tght and ~uwlu~ aul~ority lo eonu~r said ~and aa a(on- ~ soid; fhnt f~e mo~tgagor u?i« ~na~~ suck Jwthe? aaawancei fo p~?~~ct iht je~ atmp~ ftf~ to ~nid ~and in f1~~ ; ~ mo?fgogee as moq ?easonably 6~ ?putrod: Ihat t~ rr~wlgapor 1~...6y /uUy worranb t~e ftf~ to said ~and x and wil! de%nd the same againal tk~ Iawjul clainu o~ al! p~nona wkonuo~v~r: a~d that aaid lnnd ta ~?N and ctear oJ a!! encum6mncs, excepting taxea accruing subsequent to December 31, 197 7. ; ~ ~ i c . ~ t 1 i ~COUII~ 1lyS~ ehat ~J said ~wre9oeor .holl pay an~o :atd moreg~.e e1~. ~wt.t~ p~o~~- sorp nofe tie~tinaf fer subafantia~~y eopied or identilied, to-wit: ~ ~ YOQT~A~[ MOTS = 31,500.0~ Fort Pierce ~ Fbrida December 1 . ~9 77 FOR VALUE RECEIVSD~ the undersisned, (jandy and ~everaUr. i( more than one) prani~a w par to JAY A. SAHPT.S 814d FRANCFS 8. SAMP'I.Bs h18 ti?~fE ~ or order~ in the manner heteinafter apeciGed, cbe pr;oapat w~s ot THIRTY ONE TEDOSAND FIVB ffiTND~tED and------------------------•-no /tao Dot.i.Atts ( i31 ~ 500.00 ~~~t fro~n date at the rate o( 8• 1/2 per cent. per aanum oa thc balance (ran Wae to time rcmaiains uapaid. ~ pti~ipv aad p~t~ren ~La1l be p~pabk is Iaw{ul nwaep of the United State~ ot Ameriea ~t 7315 S. IAdian R~ver Ihive Fort Pieree, Florida or at wcL place as may herca(tc~ be desianated bp written ratice (rom the hotdet w the maker hercof, on the date aod ia t6e a~anner ldbwins: Face Am~unt of Note snd Hortgage payable with interest thereon ; from date at the rate of eight and oae half percent (8~) per ~ f annum, in monthly increments of $250.00, including principal aad I interes~t, with the first such payment due and payable Jauuary 1, 1978. ~ • Prepayable at any time without penalty. ; ~ ~ ~ . his note with intere~t is ~ecured bp a mortsa(Se on real atate, of even date herewith. made by the makcr hereof in tavor of the uid ~ payee, and ~haU be wnstrued and entorced ucardins to the larw o( the State o( Fbrida. The term~ of nid mort6age- are by thii reterence ~ made s patt 6ercof. ~ Yl It dcfault be made in the payment ot any of the swru or ioterat mentioaed 6enin or in uid mortgaaq or in the pcriormance of ~ any d the a~cemenb wntaiaed heran or in ~ud mortaaae. then t6e entire principsl wm sod accrued intenst shall at the option o( the 1 holder hereo[ become at oace due and colketibk without aotice. t~me bcins of the esse^ce~ wd uid pryncipal ium and accn,ed intenst E ~haU both bear interes (rom iuch time- until paid st the hi6bat nte albwabk under the lavn of tbe State o( Fbrida. Failure w e:ercise ~ ~hia op~ioA ~hsl1 no~ comcin,u a v+a;ver ot ~6e r~ht a aoercue el~e rame in the eveat of anr iubrequent detault. , h ~ ; ~ p.acb peran liabk 6ereon whether maker or endoner. herebr r+aivd praeatment, protat~ notice notice of protat and notice ot dir ~ ~ hono~ and asrees to pa~r a11 cwts. u+dudina s reawnabk attoraer'~ (ce. whether ~u~t be brousht or not, ir. after matunty of thi~ note or de(ault ~ berenader. or uoder ~aid mortsa~e. oouaiel ~hall be emplored to oolkct thu note or w protect tlu securi~r of ~aid mores+6a [ ~ Wbeacver w~d berein t6e term~ "bolder", "mater" ~nd "p~l"a° rhaU be ooaserued ia t6e si lat or plural a~ tbe wate:t mar ~ ftqYY'C O~ ~~1. ~ Maker's Addres . ..~.._.__........_.(SEAL) ~ $ ~ _ . _ (SEAL) ~ ' ~ .501D..ssr~ch..mcixe..-_.Fu~..P3.er~.a...P~x1.~,.......... .._................__...~sF.~t.~ . ~ dUOK ~ 1 Q PACE . ' ~ (ssA1.) ? ~ . _ { ~~r ~ - , _ - - - -