HomeMy WebLinkAbout2186 ~o ~iaue and to ~D~d Ilte same, (rNlellu•r u~ifh the tenements, hemdiluntenls and uppurfe
rtnnres fltemfo helon~ling, Dori the tenla, issues and profits IlterroJ, unto the mortgagee, in Jee simple. ;
i
Lind Iht• morfllador cor~euanfs toifh the morfflagee Iha! the mo?Igago? is indefeasibly seized of said !
load in Jee simple; tltaf flte mortgagor has good right and latv(ul authority to convey :aid land as nfore-
said: 11tat the morfllaflar will make such further assurances to perfpet the (ee simple title to said land in the
ntorfga~lea as may n•asonahly he required; that the mortgagor hereby (ally warrants the title to said land I
arm mill rlefertrl tl~e some against the lau~fal claims of all persons whomsoever; and that said land is (see
and clear of all rnrumhrances
!i 1
- ~ -
i
i
1
i
- - - ~
i
-
i
~ , l
~COU~ded ~~tways, that i) said mortgagor shall pa~• unto said mortgagee the certnin promis- ~
i
rosy note hereinafter suhstantiplly copied or identi(ted. to-wit:
. ~
I
i
. 1
• SEMtNOLE FORM 71
..,..vim 11.4, Rs. h1~W w /M.MM htr.l~.Y~~Y.n4 LcWe01
i -
Mortga~~L1V~{~ Lucie January 16 , i9
156,000.00 79
Florida _ _ _
S _ t
k FOR VALUE RECEIVED the undersiynei Dronwses to gory to the order d
i GEORGE W. SOr~R, as Trustee
One Hundred Fifty-Six Thousand and no/100
. _...Dollars
i the prlnelpal sun d
9 date
together wish irwereet thereon st IM rare d..........-_......._......per cent per anrwm irom . - .
uM~l maturity, froth principal and inlersst being payable in lawful IYtoney d the Urwted States, such principal awn and interest WYabN in installments as lolbws:,
- Principal and interest repayable semi-annually, amortized over a 20 year
period ($8,478.60 principal and interest every six months beginning July 16,,~
1979). The principal balance plus accrued interest will be due and payable ~
in full on January 16,.1989. j
i
i
a ~
Such installment payments stall be applied Fret to the interest at:cruiry under tM terms d this note and then to s reduction d the principal indebedness ~
TM aukert and endorsers d this note tiwther syree to orator demand, notice d nor?-paY~t and protest. and in tM event wit shell be brought for the
s i collection hared, a the same has to be cQ(Mded upon demand d an attorney, to gory reasoruble attorney's fees for making such collection. All payments here-
under shall (seer interest st tM rate d ..................pertsnt Per anewm ban lraturlty until paid. This noN is secured by a mortgage d awn date herewith and is to
be constnled and enfaad suordiiq to the laws d the State d Florida: upon defauh in tM payment d principsf andior interest wMn dw, tM whole sum d
a ~ prmc•pal and interest remaining unpaid shall, al 1M option d tM holders, oecane iiriniediately dw and payable. Failure to •>tercise this option shall not constitute j
a waiver d the riyM to exercise the same in tM went d subsequent d.lault. THIS IS A BALLOON NOTE .
Post Office Box 2210 LUCIELAND.. PROPER~I~S . . lsEAu
Payable et....-- - _
Stuart, Florida 33494 „~-~IELAND CORPORATION . ,sFAU y
= . . ~ . ~ f~tariLey...Hicks.~....Pr-esiden~t 1
.1'~'' . .
~ _ ...'SEAII !
a such oilier plats as shall be ,
_ designated by the kidder d this ; ~ tan~ey Hicks , Individuall~Al,
i z
3 note in wriliry
c!_
i
-
i
F ~I
~I (I i+
g~~x30~ ~t~~~~181
- - l 9 _ ~ a