HomeMy WebLinkAbout0575 i
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; ~o ~ue and to ~iold !he sume, logel~~er wilh the frnemenfs. I~erotlifamenta orul app~ufr
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' nances (hPMIO ~,e~on~~inf~, and the ~enls, issuea nn~ projils Ihereo~, unto IhP morfgag~e, in ~es ,~imple.
Iln~ f~~e murfgaqor c-ovenanls wifh Ihe mo?fgapee Ihaf Itia mortgagor is inde~eosib~y setzed o~ sait~
~an~ in fee simp~e; I~~at f~~e morlgagor has good rigf~! nnd ~aw~u~ authorily lo rnnuey ~nid lund as~a~ore-
II sai~: f~~at t~~e morlpapor u~i~~ make suc{~ f urther nssurances fo per(pct !he les simpb titlo !o said Iantl in the
+ mori{~a()ee as may reasonably be requ~red: that tF~e mo?tgogor here6y (ully wa?rants the ttlle lo satd land
~ on~i u~i!! defcnd Ihe same agatnsl the~lawJul claims o~ all pe?soru whomsoever; and f1~at said land ~s j?ee
a?~d rl~~a~ o~ ~1l encumbrances excepting taxea accruing subsequent to December 31, 1977
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~ ~rouided ~lways, l~at iJ saic~ mortgagor Shnl! Pay unfo saic~ mortgagee the certain promis- ~
hereina ler sutista+~tia~~ co ie~ or identi tec~, to-wil: !
~4 sory nofP ~ y P ~ i
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M01~TOAOt MOT<
S 10,579.00 Fort Pierce ~ Fbrjda
November 1 . t978
FOR VALUE RBC8IVED~ the undersi~ned. (~o~dr ~~r. iI moro tbaa ons) promi~es W pay w
A~ i~I LAND C0. , INC. , a Florida corporation ~ or order~ t1~s ,aanoer be,ti;;na(esr y~eciG~d~
tbe principal wm ot TEN THOUSAND FIVE ~~TNDRED SEVENT7C-NINE and---------------------qQ/100 DOLLAAS ~
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(i 10,579.OQ wit6 iaterut iroo4 date at t6e na of 9~ , pes oeat pa aaa~m o~n tbe balaocs lroo tiwe w time remaiui~ tiapaid. t
'The aaid priadpa! aud iatesest aLall bs par+b4 i++ Lw(ul mo~ner ot tLe Uated Stsea ot Ao~eric~ at ~
~ or ae wch plaa a~ mar bercaf~e~ be dc•isna~ed by wri~kn ootict Irom the bolder a tbe auher bereo~[. oa
che date and ia t6e manoer (otlowin~: ~
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; Face Amount of thie Note and Mortgage payable ~tith intcrest
E thereon from date at the rate of nine and oue half perceat (9~X)
~ per annum, in eixty (60) monthly incremeats of $176.32, plus in-
~ terest. .
; The first monthly paymeat is due aad payable one month from date ,
~ hereof, thence continuing monthly uatil paid in full; •
~ Mortgagor reserves the right of prepayment without penalty; ,
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f 'Tbii note with interest is ucured by s nwrta~e on real euace. oi evea date bereMritb. msde bp tbe msker bereo[ io tavor o( tM said
and ~~conserued and entosced sccord;n~ a tbs lsws o[ the Stste o[ Fbrida. The term~ ot asid aartsa~e are b~? t!?it s~tersacs : I
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It default be made ia e1?eps
yrnneat of sor oI tbe wrns or ineere~t mencioned Leieiw or io ssid mortpss, or in tl~e per[o~auo~c~ ot ;
xny ot the a~reementa coatainod bere;n or in ~aid mort~a~s„ the~? t1~e ei?tin priaeipal wm sod aarued intemt ahall u tbs optio~, ot tbe
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' holder berea( -become at ouce due aad ooU~ctibk wi:bout aotios, tiwe~bein~ d t6t a~tnos; aad wdpru~c~paJ wrn aod uetred iatae~c
~ .haU botL bear iateseu fmm a~t6 tirne uaW paid at tbs hisbat saes abM under eb~ 4~ ol t1N Staes oI Flotida. Pa+iw~s w acatiia
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ihu op~ioa s4aU aot cowatu~e a wa~iva ot tLe rijiu w accrws tL~ iams in th~ ereat al asr wbeqrcat deLdt
~ gacL perwn liabk hereon whetLer caaksr or endoner. herebr M?aiva praento~a~ protqt. notia aotiot ot ~
~6~+ Wr aU oosu. iadudiaa s reawnabk a W'ok+t and aotia ot di~-
honor sad w ttorae~t tee, whetAv aut be brou~At or ow. i~~ Jter matunt ot tlw aote ar detauk ~
hereander. or undu wd uwrtsa~e, cou,uel ~hafJ ba anplared w oollxt thi~ ao~s or a praeeu t~s xaritr ol ~ m~oct~a~e.
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Wl~eaever wed 6erein tha tera4a "bolde~', "makes" atd "psya" ihaU bt oo~wysd is t1~s~ ar p{rral a~ tbe ooote:t may
requiie or admit. r-.~ ~
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Maicer's Addres~ ~ " ....,(SF.At,) ~
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