HomeMy WebLinkAbout0074 ~LI~ W~WIN i~e same, foyelher wilh I~e fe?~ements, heredifamenls and appurle-
nances fl~erelo 6e~onginp, anc~ fhe nents, issues ana pro~ifa fhereo~. unlo Ihe mwtgagee. in ~se simp~e.
~ f~e mortgugor coi~enanb wll~ i~e mo~igagee that f{~e nto~lgago~ ts ind~j~t6fy ieized o( inld
land tn ~ee aimp~e; that fhe mortgagqr I?aa good Ngl~t and ~au?~ul authortlr to convey satd [eend ns a~ore-
soic~; I~a/ 1/~e mortaa9or a?tU moke sucl~ Jarl~e~ asswnreces to per~t~ct fl~e jee stmple ti1Je to satd Iand in !hs•
mort9a9ee as ma~ reasonably be requlred: that tl~e mort9a8oi kere6y Jullr warranta the title to :atd la.~d
and will de%nd fl~e sa~ne apainst the law/ul clnimr o) all pe?aons w6onuoe~er ond tlwt :atd IQ,~d is /ree s
and clear o/ all encum6rancea _ y
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~rou~ded ~ttwnys, i~a! ij snid mortgagor sha~l pay unto saicl mortgagee f~e cerfain promis- ~
" sory note ~ereinnjter su6sfantially copied o~ ic~enti~ic~, to-wil: -
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~ 20 s 000. 00 Fort Pierce. Florida M~Y 31~ 18 78
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FOl; VALUS RECEIVED, the undersigned, jointly and severally, promise to pay to the order of ,
FIRST NATIONAL BANK OF' FORT PIERCE
_ TWENTY THOUSAND ~ 00/100ths------------------------------------- ~OLLARS
. ,
at Post .Office Box 970, Fort Pierce, Florida 33450 or such other place as
the holder hereof may designate in writing, tagether with ~nterest from date at the rate of 9 1/2$
per centam per annnm, on the unpaid balance until maturitq. The said principal and interest shall be
due and payable as follows :
Principal shall be due and payable on or
before one (1) year from the date hereof
with interest payable in quarterly install- .
ments.
Q " D
~ V
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If defsult be made for 3 Q days in the payment of any instatlment of principal or interest or
any part thereof, the whole sum then remaining unpaid with interest shsll at holder's option become
due and payable without notice. Failure to exercise snch option shall not constitute a waiver of the
right to exercise the same in the event ot aubsequent defatilk After maturity both prlncipal and accur-
ed interest shall bear interest at 9 1~2$ per centum per annum until paid. The makers and endorsers
of this note further waive demand, notice oi non-payment and .protesk Ii this note i~s not paid at matu'r-
ity and the aame is p~ced with an att,~rney for collection, the makera and endoraera.hereof agree to pay
all ~osta of oollectloa, ineluding all court costs and reasonable attoraey feea./ ~ .
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