HomeMy WebLinkAbout1818 i L~~~ L~
~0 nAV~ ~ ~ T1D~d 1hs snme, together with the tenements, hereditamenls and appurts-
uanceajf~hprefo belonging, and fhs rents, tuuea and profits fheroof, urtlo Ihs rnorfgages, to Jee simple.
lii~ the mortgagor couenanls with the mortgagee that the mortgagor to indefeasibly aetzed of said
land In fee simple: that the mortgagor has good right and lawful aufhorlty !o rnnvey said land as afort-
~ said: that the mortgagor will make such further asstrrancea to perfec! the fee simple title fo said land In fh•
mortgagee as may reasonably 6t required: that the mortgagor hereby fully warranb the title to sold land
I anti u.ill defend the snme against the lawful claims o/ all persona whomsoever; and that said land is f?..
' and clrnr o/ all encumbrances excepting Eaxea accruing subsequent to December 31, 1978.
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~1 ~COUided ~1wAys, that i) said mortgagor shall pay unto said mortgagee the certain promis-
sory Hole hereinafter substnnlially copied or identified, to-wit:
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S 40,000.00 Fort Pierce , t w,r,J+
March 2 , 79
FOR VALUE RECEIVED, the undetsirned, (~mntly and scveraAy, it rnorc th+u Inc) ~,r..,ns.•. to pay w
ANGEIA S. HURLEY and JOHN J. HURLEY, her husband ur order, ru tl?e m.?nnrr hcranalter specitsed,
ibe principal sWa of FORTY THOUSAND and----------------------------------------------n9100 DOLLARS
(S 40, 000.00) with iatersst trap date at the rate of 9.25 pct cent. per annum on the balance frwn ume to ume r s ag unpaid.
said ptit?cipal sad iatercst shat be payable is lawful asorsey of the Unite) States vi Amcn:+ at ~~Ll / ~,l~y
~1'lF ~t/~,or at wch place ss may hercattcr be Jcs~Knatcd I.Y Mrutrn nuuac lruw the huWcr to the Haler hcrru(, vn
the date and is the manner toTl+b~wina:
Face Amoupt of this Note and Mortgage payable with interest
thereon from date at the rate of nine and one quarter percent
(9.25x) per annum, for a period of twenty-five (25) years.
The first monthly payment to become due and payable one month
from date hereof, in the amount of $342.56, inclusive of prim-
cipal and interest, thence continuing monthly tuttil paid in
full: payments to be first applied to interest and then to principal;
j Mortgagor reserves the right of prepayment without penalty.
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Tlsis note with +nterest u secured by a mortgage on real elate, of even daft hcrowuh. m+Je by the maker hereof ~n favor of the wJ
payee, sad shall be construed sad erttorctd xcordins to the laver of the State of Fbrida. The tcrau of sail nwrtrage ue by this retercnce
,Wade s part hereof.
1I default be made is the payment of say of the wms nr iaterrst meiwor:ca iw~r.•sn ~r us s+~.i uwrtK+.;~, s.r ut tb~ l+s•rt..rm+nre .d
any of the a~retateau watairted herein a in said aaortpas. that the entire principal swa and sccrucd interest sisatl at the vytsoa of the
holder her~wt beco:ae st onoe due sad ooUectibk vmthout notice. tiwe beiaR o[ the essence; and said priocip:l wen and accrred intcrr..
.hall both bear interest from such time anal ,~asd at the highest me albwabk under the laws a( tbt Starr of tioritla. failure to esercisc
thu optiout lhsll not coostiwte a waiver oI the right to sseteise the same is the event d oar sesbsequta default.
Each person L'abk hereon whether maker or endorser, hereby waives preseataxa:, pcaat, notice notice d prot<st and notice of dis-
honor and asrees W par all costs, iacJtsdin~ a r+rasonabk attors+sy's tee, whether sort be brought or not, ir, suer matunty of this cute or default
~ hereWSder, or under sold mortdsge, oouasel shall be emplaced a oolket this note a to protect the aecaritr of said a4ortgaYe. •
~ Wbertever Wed herein the terror "holder". "maltis~" sad "pares" shall be wastrtsed is the siesgular a plural u the want mar
rcyuire a admit. J
h[aker'a Address a0c~ ~4 P~Ei81~fi.......... a.~LG~,-- r~ .eSEAL,
~,7 JOHN ~E. FF.NNELL,
..,..s.....
DOLORES
(SEAL;
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