HomeMy WebLinkAbout0203 30 ~iaue and to ~iotd 1~~e sam~, fogrflier wilh f~ir tenemenls. {~erecJifuripnb anc~ uppu?le
~t nunc•es f~~pretu ~?N~mi{~ing. an~~ I~~P r~nls. issuea an~ prolils f~erroj. iu~fo Ihe mo?lgagee. in ja~e timp~e. }
~1~11 IhP mo?ltiayur COl~P/1QI1~S u~ith IhP IIIOII~AQPP thal the morlga~or is indeJewibly aeized o~ aaid
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i land in f~•P simplN: fho! tlie mortgagor {~as good riptit and law(ul aulhorily to convey said ~ant1 os a(ore-
suid: ~ha~ ~hp mo?t~agor u~ill make sucl~ (u?ther auurance~ !o perfPC! Ihe Jee simple lifle to said lnnd in tl~e
morl4~apee as may recuonably 6e ?equired; that 1he mortgagor hereby jul~y u~arronts ll~e fitle to said ~and ~
I a~ul u~ill de~encl the snme againsf tl?e law~ul claims o~ al~ penoru whomsoet~er: and t{~at so~d lond 'u (ree
' and clear oJ all encum6rances ~
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i ~~V(~ ~Uways~ that i~ said mortgagor ahq~~ pny unto soid mortgagee ftie certuin promis- i
i~ sory note {~ereinajfe~ su6slantial~y copiec~ or ic~enti~ie~, to-wit: ~
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;12,200.00 Fort Pierce, Florida, AuquBt ~S"19 77
for value received, I, we or either of us, promise to pay, without defalcation, to the order of '
Hen D. ~uaerson, Jr, at p, O. Hox 437, STusrt, Florlda 3~4
@L~t~iiFiK~t the sum of ~elve ThOU8aI1d 1'WO S11ridt@d Sl~d NO/100----~-pp«ARS ~
with interest from date at the rate of 9 % per annnum, in ~n~ly _ installments as fol~ows, .
; 253.27 on the l8t _ day ot J~~~ , 19 78 and a like sum
on the corresponding day of each like succeed~ng period thereafter until the who~e be fully paid.
fach installment fint sF~~ll be spp!i~d in naymcm of tM inter~st and ~Aen on ti+e unpa~d bal~nce of th~ principai swn. If de(avl~ is
rn-~ie in ehe paYmee~t of inY ins~.llmrn? v~•t+rn due, tl+en at tM option of ~he holder. and w~rhow •ny othe~ notice, all ehe rema.ning
~nc~atlments shstt be dve and paw1+1. at onc~. Priv~kge is ~iven to pay two or more insrallmenta at sny ins~~llm~nf maturity d~te, buf
~~s sh.tt not e:ten.1 the time Rf m~turiry oI •nv tubseqvent installment Neither forbea.ancs. nor ~cceptance by tM ho:der herwf after
~ . ~nv def~uh in ~ey paymem hereon, shalt b~ deemcd extension.
Each maker, wrNy and endorser hereof, joimly ~nd severalfy wa~~res demand, presenrmcnt, potest and notiu of protast fw na~
~ payment, and furthrr s~rees ro~ny extension of lime of p~yment, eitl~er befwe or •iter maturiry, without ratite to any of us; u+d
to pay sll casn of cdlsction, includi~g ~?eawnabl~ artornty'~ fee in the event of ~ny default hereunder. and hereby ttverally w~ives aIl
bene5~ of hornestead and ea~mption uoder tFr cwatitutan •nd laws of e~ch St~te of the United Sra~es, ai agauut fhit oblip~tion w aoy
e:temion or rtnewsl Mrtof.
Witnesi ths Mnd and seal of e~ch p+rty.
~ $ls.so aocumeatar~r atamps
~ affbxed to oriqinal mortqaqe.
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