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HomeMy WebLinkAbout0960 i~ ~p ~ttUC ttttd to ~olD the same, together with the tenements, herc~ditaments and appur- tenances. unto the said Murtgagee in jce-simple. ~ttd said Mortgagor does couenant with said Mortgagee that saic! Mortgagor is indefea- si6ly seized oj said land in jee simple; that the said Mortgagor has jull power and lawful right to convey said /and in fee simple -as aforesaid • that it shall be lawjul ~or said Mortga~ee at all times peaceably and quietly to enter upon, ho~d. occupy and enjoy sa~d land; that sa~d land is /'ree rom all incumbrancea; that said Mortgagor wiU make such further assurances to per~ect the ~e simple title to said land in said Mo~tgagee as may reasonably be required: and that said Mortgagor dces hereby jully warrant the title to said land and urtll de~end the same against the lawful claims o~ al! persons whomsceuer. ~ ~rav~a~a ttltutt~s, that i~ said Mortgagor shall pa~ unto the said Mortgagee the eertain promissory note, oj which the foUowing in cuords and ~igures is a true copy. to wit: OR M lltl • MOATGAGE NOTE l Lt T U 7 B l A N 7( .a.s...~n o•. ~e e ~ ...v s ~ 900. 00 Fort Pierce ~ Flor~d~ ; _ July 11 , 1978 FOR VALUE RECEIVED, the undersigned, (jc~intly and scvcnlly, il mort th~n on~) prumisrs to pay to PEARL ROSS, a single woman ± , or order, in the manner h~re~na(trr sp~c~6ed, ~ ~h~ prlncipal sum o( Nine Hundred and no/100 I1o0 DOLLARS ~ 90~ . ) with interest (rom date at the rate o( 8 p~r ce~t. pcr ~nnum on th. bal~n:e (rom timt to timc rcm~n ing u~paid.1 The said principal at~d interest shall b. payabk in law(ul monry o( th~ Unit~d States of America at ~ ~ g /VO• STl r~Tj , ~ ~j A,•Or~~j ~C~Q • or ae such place as may hrrra(ter be design~ttd by written ~ot~ce (rom th~• hold~r to the maker h~reo(, on ri~UT• .1.~ e~ ~n r{v m~nMf ~O~~OW~IfOt $78.29 on August l, 1978, and on the first day of each ~month thereafter for the period of one (1) year until the principal sum and interest shall be paid in full. Buyer shall have the right to prepay in whole or in part without penalty at any time. This note with ineerese is sccur~d Sy a mor~gagc on real estase, 01 evcn d~e~ h~r~wich, m~dc by~ the maker herco~ in l~vor of th~ s~id Ij payee, ~nd sh~ll be conecru~d md en(orc~d according to the l~ws of the State o~ Florida. Th~ terms of s~id mor~g~gc ue by ~h~s referencr made a p~tt her~ol. , II dcbult bc m~d~ in thc p~ymrnc of ~ny of the sums or interest mcn~ioned hcrcin or in iaid mortgagc, or in th~ per(orm~nce of ~ ~ny o~ the ~grccmrn~s contained hercin or in said mortgagc, chen ch~ encir~ prini~pal sum ~nd ~ccrucd in:~rest sh~ll a< <hc opcion o( thc holder her~of beeome at once du~ and eollrcuble without noucr, ume being o( the essence; ~nd said pnn;ip~l sum ~nd ucrurd incerese shall both z b~ar in~eresc Irom such eimc unul paid at che highest nec ~llo«•~ble und~r the laws of ehe S~ace of Flo~~d~_ Failur~ to exercix this opcion shall i not consciwte a waiver o( th~ right co exercist chc same in th~ event of any subsequent delaul~. B ~ Each person liable hereon wheth~r m~k~r or endoner, h«<bywa~v~s pr~sentm.nt, protesc, nonce, rwnce of protest and nouce of dishonor € ~nd agrees to pay all costs, induding a rcasonabk atcornry's (ec, whcthcr suit be brought or not, if, a(tec matuncy o( ehis no~t or default j hereunder, or under s~id mortgage, counul shall be employed to collece this note or eo pro~ect the securicy oI said moregage. ~ Whcn~vcr us~d hcrr?n ihe terms "holder", "m~ker" ~nd "p~yre" sh~ll bckons~rued 1p ihe singulat" or plunl asj e contcxt may ~ require or admie. ~ ~ ~ ~ - . ~ i~ ~ ' / i / . ~ { ~ lli~kcr's Addrcss ; " iSEAL) ~ . HAR Y J. S9HITE j , ISEAL) ~ ' ~ S/ z Nr t t~ ~Q ~~Pf.r ~ e ts~t~ . ~ Fa~ t 1r~r~ ~/4 . 33 ~,l~Q £ and shal[ perform, comply with and abide by eaeit and euery the stipulations, agreements, , ~ conditians and couenants of said promissory note and o~ this deed, then this deed and the estate ~ hereby created shall cease and be null and uoid. ~ : ; ,~1ttD the sard Mortgagor hereby covenants and agrees: ~ ~ 1. To pay all and singular the prineipa l and interest and other sums of money payable by ~ uirtue oj said nromrssory note and this deed, or either, promptly on the days respeettuely the ~ same severally eome due. ~ A ~ 2. To pay all and singular the taxes, assessments, levres, labilities, obligations and encum- ; brances o~ every nature on said described property each and every, and if the same be not promptly paid the said Mortgagee may at any ttme pay the same w~thout cuatuRng or affeeting the optron to foreclose or any right hereu~er, ared euery payment so made shall bear interest jrom the date thereof at the rate of per cent. per annum. : r,• R ~ ~ . 3~~~ 29Q f:;,t ~ ~ - - - - - - j ~ : ~ ~ . ~ ~ y ~ . - ~