HomeMy WebLinkAbout0889 ~o ~ue nnd to ~Id Ihe xam~~, f~~~rl~~er ~uilh fhe fenemwnls.' ~e?r~~lameptt an~.~,pppurfe
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~~an~•~s f~~vrnfo E~~•~on~~ing, an~l 1~~ rnnis, issues ~n~ pro~ifs fhPrpu~, unto I~~p morfgagee, in rpe simp~r.
Iln~ Ihe mu~fyanor coi~rnanft u~il~~ ihe morlnagep Itiaf Ihe mo~fga~or is inc~~~Pasi~?~y srizec~ oJ said
land in Jee simplP: thal Il~e mortQagor has good right an~ lau~~ul nulhority lo convpy sai~ lund as a~ore-
snic~: rha~ ihp murf~agor u~i~~ make suc~ (urftier assurances fo per~ecf f~e ~ee simple fifle to said land in Itis
mo~fgagep as may reasona6ly 6e ?equired: t1~at fhe mortgagor I~ereRy (ul~y I~GKQR~f ll~e til~p to saicr ~and [
~~nd u~il! dp~Pfl~ I~P s~me against 16e lawful claims o~ al~ persons u~l~om:oei~er; and tl~at aaid Iand is Jree ~
n~d ~IPa~ o/ ~l! encumf~rnnce: except taxes accruing subsequent to December f
31, 1977. r
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AND the mortgagor hereby~further covenants and agrees not to '
convey the property mortgaged herein without the consent of the ~
mortgagee, and the assumption of the new owner of the unpaid balance ~
of the mortgage, in the event the transfer conveyance is made withou
the consent and the assumption in due form~ then the unpaid balance :
of this mortgage may be accelerated without notice by the mortgagee,
and the mortgagee may~declare the entire debt due_and payable. ~
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~routded ~llways, fhnt ij said rr~ortgagor stia« pny unfo said mortgagae t~e certain promis- j
sory nofe IIPIPIIIII~Ier stitisfnntia~~y copie~ or ic~enti~iet~, to-u~il: i
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$ 8, 700. 00 Fort Pierce,- Florida ~~/~r}'~h„~ 21 1978
For value received, Y, we or either of us, promise to pay, without
defalcation, to the order of FIARIDA BANK AT FORT PIERCE~ SOl Orange Avenue,
Fort Pierce, Florida 33450, the sum of 700. OOwith inCerest from date at the
r~te of 9-3/4 per annum, in $4 monthly installments as follows: $ 143. 31 ~
on the2lst
day of October , 19~, and a like sum on the correspon ing ~
day of each month thereafter until the whole be fully paid. ~
Each installment first shall be applied in payment of the interest and
then on the unpaid balance of the principal sum. If default is made in the ~
0 da s then s
u h default continues 3 ,
~ payment of any installment when due, and s c Y ~
; at th~ option of the holder, and without any other notice, a11 the remaining ~
j installments shall be due and payable at once. Privilege ie given to prepay 4
E this note in whole or in parC at any time without penalty. Nefther forebearance,
~ nor acceptance by the holder thereof after any dafault in paymeats hereon, shall
; be deemed extension. A late payment charge of $ 7_16 , ahall be added to
~ each installment remaining unpaid 7 days after ita due date, and a like aum ~
~ shall be added to each such installmenC remaining unpaid 7 daye after each ~
succeeding payment date.
Each maker, surety and endorser hereof, jointly and severally, waives
, demand, presentment protest and notice of protest for nonpayment, and further
~ agrees to any extension of time_of payment, either before or after maturity, ;
~ without notice to any of us; and to pay all costs of collection, including a ~
~ reasonable attorney's fee in the event of any default hereunder, and hereby }
severally waives all benefit of homestead and exempti.on under the constitution ~
~ and laws of each State of the United Statea, as agaiast Chie obligation or
~ any extension or reuewal hereof.
~ F13taesa the hand and seal of each party.- _
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~ / s / Paul V . Warren (S~) ;
~ - Paul V. Warren ;
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~ / s / Thelma E Warren (S~) ~
~ Thelma E. Warren
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II~t~J PACE OOG7
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