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HomeMy WebLinkAbout0454 ~ , - ~ ~o ~iuue nnd to ~told !he same. lu{~rt{~er u~if{~ f{~e le~~eme~~ls, ~e?ec~ilunenls an~ appurfp- nancPS IhPrelo ~,p~unc~iuc~, a~~~ f{ie rnnfs, ~ssues an~I prolils thereo~, unfo I~e mortgaget, in f ee simp~e. . , 1he morfga{~or covenanfs u~itti the mortga9ee that Ihe moslgagor ia tndeJensi6ly seized o~ said ~ ~an~ in ~e sim ~~e; fl~af fhe morl a or g g ~ y y f / ~ p g has ood ri ht nnd law ul authortt to conve aaid land w a ore- I~ saicr: ~hat ihp morl{~a~or u~i~~ make suc~ (urltie~ assu~nces lo pe~pcl 1{~e ~ee aimp~e fil~e fo said ~and in ttie morlga~ee as m~y reasona6ly 6e reyuired ; tha! the morfgago~ h.~by (ully euarrantt the title to said land 1 and u~ill deJencl Ihe same agninst the lnu~ju! clnims o~ all pe~so?u whomaoeve~: and ttia! sa~d lo?~d ts )ree and clear oJ nl! encum6ronces - If i ;i . i ; , ~f ;j ~ f ~rouided ~lways, f~~uf if saic~ mortgagor ahall pay unto said mortgagee the certatn promir- sory nofe hereina~ter substantially ropipc~ or ic~enli~iec~, to-wit: i ~ 75,Q00.00 Fort .Pierce . Florida _ August 14, ~g 78 ; FOR VALUE RECEIVED, the undersigned, j ointly and severally. promise to ~ pay to ~the y order of ~RY BECHT HOLCOMB ~ ~ - i en a e, Toc coa , Geo rgia ± _at 30577~ c~r s~~c ' ed ~ ad re ss ~ the principal sum of SEVENTY-FIVE THOUSAND ($75 ,000 .00_--DOLLARS, with interest at the rate of 8% per cent per annum from date until paid, in installments as follows : - The principal and interest due hereunder shall be payable in 240 ~ equal monthly. installments of $627.35 per month. Said monthly pay- ment installment to include principal and interest and shall commence " ' on the 14th day of September, 1978, and shall be due and payable on G E the 14th day of"each and every succeeding month until the entire f amount of principal and interest is paid in full. All payments shall first apply to accrued interest, then to reduction of the principal. t ~ Right to prepay in whole or in part at any time without penalty is re served . ~ ~ ~ € If any installment be not promptly paid within 1~~ days next after the same be- comes due, then, at the option of the holder hereof, the full amount remaining due upon ~ ~ this note shall thereupon become due and payable at once, together with all other indebt- ~ edness stipulated in this note and in the mortgage given to secure the same. a ~ > ~ The makers and endorsers of this note furth er agree to waive notice of non-payment, protest and demand for payment, and in case suit shall be brought for the collection " hereof or the same shall be collected upon demand of an attorney, to pay all expenses = ~ of such collection~ including. a reasonable attorney's fee thereon. ~ ~ : i ¢ ~r ATTEST: LENARD'S, INC., a Florid~SEAL) ~ ~ corporation s ~ ` ~ ~y- ~ ! 5 ~y !~/KC.~ _ r (SEAL) ' e an ro er,~resident i ~ ~ r , . _ ! : ~ ~ ~ _ ~ (SEAL) ~ ~ ~ ~ R p~ci 4~ ~ ~ ~ ~ (SEAL) s - I ~ - ~ ~ - - - --~.,..f _ _ . . _ - - - ~ ~ ~ ~~e~ ~ _ ~ _