HomeMy WebLinkAbout1304 ~o ]11A1K ~ ~ fhs same, together with the feneme+tla, hereditamenta and appurts-
nnncea Iherelo belonging, and the nnb, issues and profits thereof, unto the mortgagee, in fee aimple.
the mortgagor covenants with the mortgagee That the tttortgagor is tndef
easibly seized of said
land in fee aimple: thot the mortgagor has good right and lawful authority to rnnvey said land as aJore-
said: that the mortgagor will ttttctlee such further as:uroncea to pe?jeci the fee aimple titb to said land in the
mortgagee a may .eaaona6ly 6e r+eyuired: that the mortgagor heeby /ully worrants the title to said land
and will dejsttd the same against the lawful claims of all persona whomsoever: and that anid land b free
and clear of aU eneumb?ancea, except taxes accruing subsequent to December 31,
197 8 .
~Wi1~S, that ij said mortgagor shall pay unto said mortgagee the certnin promis-
sory note hereinafter substantially copied or idertti/ied, to-wit:
3 31,40n. t10 ~ -Fort Pierce, Florida, January 10 19 79
for value received, I, we or either of us; promise to pay, ..without defalcation, to the order of
NEi~i SOUTH, INC. - at 436 A North Seventh Street in Fort
~ Pierce, Florida, the sum of THIRTY-ONE THOUSAND FOUR HUNDRffi AND NO/100--pOLLARS
with interest from date at the rate of 8 X per annnum, in monthly installments as follows,
S 380.99 on the 10th day of - FebraarV , 19
7~ and a like sum .
on the corresponding day of each like succeeding period thereafter until the whole be fully paid. _
Each installment fist slwtl be applied-in naym.nt of tM ieNenst and then on the unpaid balance of tl+e principal swn. If default a
~ made in the payment of any inntallmeM when dw, then at the option of the holder, and without any ether notice, all the rema:ninp
f in~talln+enn shall br due and pavahle at once. Privilege is ~iwn to pay two or mo.e installments at eery instalknent maturity date, but
this shall not exteexf tM time of maturity of subsequent installment. Neither forbearanu, nor aoceptanee by the holder hereof after
xny default in any payment hereon, shall be deemed extenieoet. _
t Each maker, sw.ry and endorser hereof. jointly and swerally waives demand, presentment, protest and notice of protest for etor?.
payment, and further agrees to any extension of time of payment, either bsfwe or after maturity, without notice to any of us; and
to pay all cosh of colleuion, including a reasonable attorne~/a fee in tM event of eery default hereunder, and hereby swerally waives all
benefit of homestead and exemption under the constitution and laws of each State of the United States, a against the obligation a sny
extension or renewal hereof.
f Witness tM hand and seal of esch party.
The tax required by Section 201.08, Florida Statutes, has~been paid .
and-proper stamps have been affixed to the mortgage which securies
the obligation evidenced by this note.
CHURCH OF GOD BY FAITH, INC.
~ (SEA~j
~ ,Robi Jr . , P.~ sid_ent
l
- - ~ - iyia a ins, Secretary.
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a~,o~~U1 ~H~f1299
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