HomeMy WebLinkAbout1727 ~o ~iaue and to Mold the same, together with the tenements, hereditumenls and uppurle-
nances thereto helonging, a?td the rents. issues and profits the?eo(, unto the mortgagee, in fee simple.
the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized of said
~ Irtrtd in fee 'simple: Iltat the mortgagor has good right and lawful authority to convey said land as afore-
; said; that the mortgagor urill make such f urfher asauroncea to perfect the fee simph? title to said land to the
mortgagee as may reasonably be required; that the mortgagor hereby fully warrants the title to said land
nttd will defend the same against the lawful claims of all persona whomsoever; and that ,aid land is free
and clear of all encumbrances
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~rou~ded always, that if said mortgagor shall pay unto said mortgagee the certain promit-
sory note heretnnfter substantinlly copied or identified, to-wit:
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s .25 c.00000 Ft. Pierce ~.ida .-.......,7dnua.~.y...--15--.-........... 19 7.g..
FOR VALUE RECEIVED tM sedersigned promises to pay to the order d _w.._.~..
PATRICK.--DONNELLY-...and...JUNE...C.--- DONIvELLY,... his--w~,fe .
the principal sum d....'.~Yd~~l.~y FlVe T~'1Q~$~};1<~._.~._,~~„~,QQ----=-----.------.- .D~Ilar: (s25 r 000.00
together with interest thereon from date, of the ra?e of..-..........-....9 ................._.._._._......per tent, psr......annllIIl.. ................-.......until mater ly, said ~nteresr
be.ng payable.eS-..E'..~....~e.a.Q.W.......:...on the _............day of.. ----•------..at+d...------......_.. - _ _
each year; both principal and in?e?eu being payable in lawful money d Ihs United States or its equivalent, at. 8520 NW-_3rd..- Stzeet,-
COra1 .Spr1nC~S,-...FL....-..33065 ...........................said principal sum to be payable on the dates and in the amounts specified below, lo-wit:
First payment of $10,000.00 plus interest accrued on the unpaid
~ principal balance to be paid on or before March 15, 1979.
Second payment of $10,000.00 plus interest accrued on the unpaid
~ principal balance to be paid on or before May 15, 1979.
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Third and final payment of $5,000.00 plus interest accrued on the
unpaid principal balance to be paid on or before July 15, 1979.
EpP~RIV~~GE is given to prepay this obligation in whole or in part without
z ena~ a endorser swerally waives demand, potesl and novice d maturity, norroaymeM or p.ot.st and ap requirements necessa?y to hold each d
F !hem liable as makers and endorsers: -
Each maker and endorser (wther agrees, jointly and severally, ?o pay all costs d collection, includirsg a reasonable attorney's !ee in case the principal d
` this note a any payment on the principal or any interest thereon is not paid at the respective matwify thaad, or in case it becomes necesssry to protect the
s~cunty tiered, whether wiT be brought or not. 9
This role and deferred inlarestQ~ ymeggts shall bear interest at the rate d ......................._..per cent, per annum from tnafurily un1i1 paid.
This note is secured by a . Si',r~i.QZ14A...moregage d even date herewith and is to be construed and enfwce~ ac[st[ding to the laws d the State d Florida;
upon default in the payment d principal andlor interest due on any note secured by said Morl a
' become due and payable rsotwithstarsdin9 Char tenor: g ge. all nofes_so fetsred and remaining unpaid shall forthwith
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