HomeMy WebLinkAbout0724 , ~ ;
30 ~?ue and to ~iotd l~ie sQme, logel/~er wif~ f~e fenementa, herecrifanenft and appurte- ~
I ;
unnc~s 1{~rrnlo f,N~on~infl. 4n~~ Ihe renfs. fasues ancl prolils 1~?ereo~. unlo f/~e mortgngee. ln ~ee stmpls. ;
i
( d~e morlgaf~or COVPIIRII~~ wifh tl~e mo?t~agee t{~at tbe inortgagor b IndeJeasi6ly seizec~ o~ said i
[and ~n c~e sFm ~~e; tl~at fhe mo~t a or has ood rt ht ond law ul authortl lo conve soid land as a ore-
1 ? s~ e e / y y ! ~
~i sairf: Ihpt f{~p morlgapor wi« ma~e sucti ~urlhe? assurn?eces lo perjPCt the f
ee timple Iltle b talcl Iand in ths
morff~a~ee ns may reaaona6~y ~e ~equtrec~; t~af !he morfgpgo~ he?e6y ~u~~y wa?rantt fhe itl~e fo said ~und E
1~ and u~ill defrnd Ihe aame againat fhe law~u! claims o~ all peno?u whonuoever: and tf;~t aaid land is jree
and clear oj nll encumb?ancps except tdXE3 accruing subsequent t0
December 31, 1978.
PROVIDED ALWAYS, ttiat if said mortgagor shall pay unto said
mortgagee the certain promissory note hereinafter substantially
, copied or identified, to wit: •
= 91.000.00 Fort Plerce, FIorida Novembgr 17, ig~,_
FOR VALUE RECEIVED~ the undersigned. jointly and severally, promise to pay to the order of
FLORIDA BANK AT FORT PIERCE
NINETY-ONE THOUSAND & 00/100ths--------------------------------- DOLLARS,
at ~ Post Office Box 3469,~ Fort Pierce, Florida 33450 or such other place as
the holder hereof may designate in writing. together with interest from date at the rate of ZO-3/4$
per centum per annuri~~ . on the unpaid batance untit maturity. The said principal and interest shall be
due and payable as follows:
The princiYa~ amount of $31,000.00 with interest
from date at the rate of 10-3/4$ per annum in
monthly installments of $1,020.07 with the first~
installment due on December 15, 1978, and a like
sum on the corresponding day of each like succeed-
ing period thereafter until the whole be fully paid.
Said monthly installments to include principal and
interest. - ,
_ ~ ~
`I'HE MAKERS AND ENDORSERS OF THIS NOTE.HAVE THE RIGHT TO PREPAY WITHOUT-PENALTY~
If default be made for 30 daya in the payment of any installment of principal or interest or
any part thereof, the whole sum then remaining unpaid with interest shall at holder's option ~ecome
due and payable without notice. Failure to exercise such option shall not constitute a waiver of the
right to exercise the same in the event of subsequent default. After maturity both principal and accur-
ed interest ahall bear interest atZQ-3 4$ per centum per annum nntil paid. The makers and endorser$
of this note further waive demand, notice of non-payment and protest~ If this note is not paid at matur-
ity and the same is placed with an attorney for collection, the makera and endorsers hereof agree to pay
all coste of collection, including all caurt costs and reasonable attorney fees.
FOR VAi~UE ~IVID ~C G~)ARANI'F~ T'I~
P3~MPT PAYNgN'P OF TEQS NCYiE AT I~7URITY. CAPrPAIIJ IiDOK'S SFA~~OOD ISI~1~ID, INC. (SEAL)
DA'~D: November 27, 1978 s Gar S. G armath
' . (SEAL)
s/ Gar S. G armath
Ga~y S, pyanna ' Pres t (SEAL)
s/ James P . Gyarmathy ~ (SEAL)
J~nes T. Oyatma
I
~ ~
, s9JK~.c70 PbCE 7~~
~ -
w~. ; _ _ _ - - _ - - ,
- ~.,3 tir ~ ~ ~4''~C'~s.~~,e
~ - ~~~~'^`c.'. . _ _ ~ - ~ 'f`' ~ ~ .