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HomeMy WebLinkAbout2175 ~ T ~ .y~ 70 ~ ~0 ~0~~ th• .om1. togfth.r Wtth th1 tp~ ` At h. t oriel oppu.tf- ~~nnces Iherelo belonging, and fhf rants. ts~ua and projtls thenoj. -unto the mortgagee. !n ~N atmpla. the mortgagor rnwnonts wtth the mortgag« shot the mortgagor is tnd./fatblr iftud of ,std land in j11 simple: that thf mortgagor has good right and lawful authority to convey said brad a afore- . said: Ihat the mortgagor wiU make ruck further asruroncfi to perjed the j.. stmpb ttlle to said brad in the mortgagee as may reasonably 6e nqutnd: that the mortgagor hereby juUy warrant, the dlb to said brad and will dojend the same against the bwjul claims o/ aU persons whomsoever: and that sold brad is jrff and clear of all encumbrances except for taxes accruing subsequent to December 31,-1978. . ~5, that ij said mortgagor shall pay unto sold mortgagee the ofNwiw trro+Kis- _ sort' note he?einajfer substantinlly copied or iclentijied, to-wit: ' ~ 6,SS5.46 Fort Pierce, Florida February 20t~l9 79 - ' FOR VALUE RECEIVED, the undersigned, 3ointly and severally, promise t0 pay to the order of Willard G. Stallings and Cathy L. Stallings, his wife Six- Thousand Five Hundred Fifty-Five and 46/100ths-----------------DOLLARS, at -Route 1, Box 195-$,. Live Oak, Florida 32060 ~ or such other place as the holder hereof may designate in writing, together with interest from date at the rate of 8 3/4 t per centuaa per annum, on the unpaid balance until maturity. The said principal sad interest shall be due and payable as follows : - - - i is monthly installments of $100.00 each (-including interest) said payments to commence on March 1979 and to be paid on the a15y~ day of each succeeding month thereafter until the whole, sum named is fully paid. There will be no penalty for prepayment. - - i _ i v I - I r r ~ ' If default be made for 30 days 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 become 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 sabsequeat defaulk After maturity both principal and accar- eel interest shall bear interest at 8 314 per centum per annum until paid. The makers and endorsers of this note further waive demand, notice of non-payment and protest, >i this note is not paid at mater- _ ~ sty and the same is placed wfth an attorney for collection, ' a_kefs and endorsers hereof agree to pay all costs of collection, including all court costs and resao a ~rney fees. _ (SEAL) SOJIl~~ st n L. Brogan y ogan, s e (B~AL) jcz~;~T l ; _ r _ Y u~_-