HomeMy WebLinkAbout1846 70 ~ ~ the tame, together wllh fh. tenemenb: he..ditamenb and appttrte-
nancss]t~h,~er~eto belonging, and the ?ents. btua and profifa tltereo/. unto the mortgagee. in simple.
Ti1~11 th• mortgagor cownanb with th. mortgag« thnt th. mortgago? V trade/ewlbly seltud o/ said
land in foe simple: that fh. mortgogor ha good right and lawful authority to conrrey sold land as a/ore-
satd: that the mortgagor will make such further asattnances to pajoct the IN simple tttb fo seed land to the
mortgagee as may reasonably b. required; that the mortgagor hereby /uUy urarronb the tttb to sold land
and will defend !hs same against the law/ul clalnu o/ all p.rsons whomso.wr; and that said land b /rw
and clear o{ all •ncumbr~artNs: -
~V~ ]sr that if said mortgagor shall pay unto said mortgagee flee certain promb-
sory noN heretnajter substantially copied or identi)ted, to-wit:
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INSTALLMENT NOTE
S 3, 036.12 _ _ _ - Fort Pierce, Florida, _ . _ ~~j? _ ? r _ - _ _ - _ _ _ 19 79
For value received we, jointly and severally, as prinicipal promise to pay without defalcation to the order
~ of -OODY L. BAILEY and CAimLYN A. BAIIEY, his wife
i _ _
i at the office of said payee in Fort Pierce, Florida, the sum of
Zhree_ZY~ousant3_Thirty-Six and 12/100_ ($3,036.12)--
E - - - - DOIIARS,
with interest from date at the rate of- _ 1Q _9L per annum, in monthly installments, payable as follows, to-wit:
_ Fifty_ 050.001- _ _ _ _ _ _ _ _---flOLIARS, on the . 1ST _ _ .day of _ _ A~ril_ _ _ _ _ _ , 1979 _ _ _
f rw~+t~~~rwws.rw~~-
i and Fifty--($50.04) OOLlARS, on the _ _j~ day of each succeeding month there-
I
after until the whole sum named is fully paid.
Each installment twat shall be applied Les payment of tM interest and then on the unpaid balance o! the principal swn. If default
I it mad. in tM payment of any instalment when dw, then, at the option of the payee all tM remaining installments shall become due and
s payable at once. Privilege is given to pay two or mae inttallmsnn at arty time.
~ Should it become necessary to coilcct this not. though an actor
rely, either of us, whether maker, swety or indorser on shit note
hereby ogreet to pay all corn of collection, including • reasonable attorrsay'a tae.
~ The makers, sureties and indorsers Isareoi Nvsral waive
i IY presentment, protest and notice o' protest for nors-payment o/ this note
•nd agree that the time of in maturity may be extended be(aa a after matwity and do furtMr s:verally agree to anY renewal thereof before
or .(ter maturity, without notice of them. In the event any payment required hereunder 1S mOre than 10 Crays
j ? a±.e, the maker agrees to pay 5$ of said payment or the maucimmt attnunt payable without violating
~ <-~n_~~ usuary statutes, whichever is lesser, in addition to said -payment` ~s -a-fate penai~~~d
! (3_.__ _ State documentary service charge. .
stamps attached to original _ _ _ - _ . _ _ (SEAL)
note and cancelled) Jean Clark- -
- - - - - - - _ - (SEAL)
- - - - (SEAU
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