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HomeMy WebLinkAbout0222 ~i : I 30 ~u~ and to iiotd xum~~, lo~rl~~v~ w11~~ f~~e fenetwents. ~~pre<IifalnPnfs u?~c~ appwtp I nanci~s Ihf~refo ~~~~on{~ing, an~~ f~~~ r~nfs, issurs anc~ p?o~ils 1~~ereoj, unlo Ihe mo~fgagee, in ~ee simp~e. ~nd 11~~ mort~~agur i•o~~~~nanls with the mo?If~a{~ee Il~at the morlgagor is indefea:i6ly'seized of saic~ ~an~~ in ~ee simp~~~: I~ial f~~~ mo?fga~/or has {~ooc~ riphl an~~ ~nu~~u~ a~~~ho.t~y to convey saic~ ~ancr as a~ore- saic~: If~af f~~e murff~af~o? u~i~~ ma~e suc~~ (urf~~er assurances fo per~ec! Ihe jee simp~e fif~e lo snid ~an~ In the morf{~agee as may reasona~~~y ~e requirpc~: Ihal Itie mnrf{~apor herehy ~u~~y wa?ranfa Itie lif~e fo saic~ ~ancj and u~i~l aPfend Ihe ~same a~ainst Il~e latofu~ c~aims o( al~ persons whomsoe~~er, and Iha! said land is free I an~ c~~ar o~ a~~ encum~~runces I . i I ~ ii ~ I ' { i 1- : ~ ; ~ , I ~rou~ded ~llways, 1~~nf iJ suit~ murtgagor s~a~~ pay unfo sai~ mortgagee fhp ctrtain promti- ~ sory nole ~~~reina~f~r SlthSIR~IIIqII~ copi~~ or i~~niiJi~, to wit: , i./V a 70.000.00 Fort Pierce, Florida July 19 78 FOR VALUE BECEIVETi, the undersigned, jointly and severally, promise to pay to the order of FLORIDA NATIQNAL BANK OF PALM BEACH COUNTY SEVENTY THOUSAND~S 00/100ths------------------------------------- DOLLABS, at_P•O. Box 3046, West Palm Beach, Florida 33402 or such other place as the holder hereof may designate in writing. together with interest from date at the rate of 8 3/4$ per centum per annum. on the ungaid balance untii maturity. The said principal and interest shall be clue and payable as follows: Interest will be payable from the date of any ; draws at the rate of 8 3/4$ and the first prin- E cipal payment including interest to date shall E be made on or before December 15, 1978. 4 Principal amount of $70,000.00 plus interest ~ at the rate of 8 3/4$ per annum for a term i of 25 years shall be due and payable in . ~ monthly installments of $575.51. Said first ~ monthly installment shall be Decenaber 15 , 1978. ~ ~ ~ ~ ~ ~ ~ ~ ~ 0 ~ ' ~ ~ ~ ~ z ~ If default be made for 30 days in the payment of any installment of principal or interest or # ~ any part thereof, the whole sum then remaining unpaid with interest shall at holder's option become ' due and payable without notice. Failure to eaercise such option shall not constitute a waiver of the ~ right to exercise the same ~n the event of subsequent default. After maturity both principal and accur- ed interest shall bear interest at 8 3 4 per centum per annum until paid. The makers and endorsers ~ of this note further waive demand, notice of non-payment and~protes~ If this note is not paid at matur- ~s ity and the same is placed with an attorney for collection, the makera and endorsers hereof agree to pay ~ all costs of collection, including all court cosis and reason fe . ~ ~ ~ + ~ , (SEAL) ~ ~ ~i.~ ~ ~',li,t (SEAL) ~ ~ C~s..~~~ta (SEAL) ~ MARTHA B. GILBERT ; ; , _ - - - . _ ~ ~ ; ~ . ; ~ r~-,~ ~ ~ a ° ~ ~ : ~ ~-r ~ x~`"` ~#~yi..' - - ~-u~~ ,7r 3 ~ _ Y~