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HomeMy WebLinkAbout2041 f t0 Mold the same, together with the tenements, hereditamenla and appurte- nances thereto belonging, and the rents, issues and projtts thereof, unto the mortgages, in f es simple. the mortgagor covenants with the mortgagee that the mortgngor is indefeasibly setsed of said land in fee simple; that the mortgagor ha: good right and lawful authority to convey :std land as afore- said: that the mortgagor will make such /urlher auurances to perfect the fee simple title to said land in the mortgagee• as may reasonably be required: that the mortgagor hereby fully wnrrnnts the etlle to sntd land i and will defend the same against the lawful claims of all persons whomsoever: and that said land is free and clear of all encumbrances excepting taxes accruing subsequent to December 31, 1978 i 1 i. i ~COU~ded Always, that if snid mortgagor shall pay unto said mortgagee the certain promis- sory note hereinafter substantially copied or identified, to-wit: = 7 ~ 200. DO Tort Pisrca , } br~~, March 6, , t9 79 FOR VALUE RECEIVED, the uadusisaed, (joiatlr and severally, it more ?ban one) prum~scs to par to MAY L. CHAPMAN and STEVE L. CHAPMA~T, each a single adult , ur order, in the tnanncr heniasftet apociGed, the principal attar of SEVEN TIDOSAND Ti~lO ~HTIIDRED and -------------------------------no /100 DOLLARS t S 7 = 200.00 )with iatersat Irosa date at fire fate of 9.5 per ccat. per annum on the balance (ran time to time res~asinini t+npaid. The said principal sad interest shall be parable in 4wtul tAOncr of the United States of America at 3959 Fe4er+tl 8igtt~?ay Fort Pierce, FL 33450 ~ at PVu as ~Y bercafter Ire designated br written notice trwn the holder to the male hereof, un the date and in the manner foliowiai: Faca Amount of this Note and Mortgage payable, with interest thereon from date, at the rate of nine and one half percent j per annum in monthly incremestta of $81.00 inclusive of prin- cleat and interest; the first such payment due and payable i March 15, 1979, thence continuing monthly until paid in full; ~ Mortgagors reserve t:he right of prepayment without penalty; - This note with interest u secured ~y a mortgase on real estate, of even dart herewith. made br the maker hereof in favor of the sail ( payee, and shall be oowuvod sad eatorced uoordinS to tAs laws of tbs State of Fbrida. The reran ul tatd mort`age are br this rclereau made a psrt hereof. ~ , If default be made io the paynteat a< am of the sums or interest nrentwrrnl Iw•rrrn ur ur uMl uwrlK+ae. w in U,e t.erf•~rwrrre of any of the a~reemeau oontausod herein a• is said mortsass, tl?ea the entire principal soar aa~l accrued iaterat abaU at the uptioa, of the i reo( beooate at oaa due sad collectibb without notice. time bei,yt of tM easencc~ asd said prioeipsl wm an•1 accrtied latent holder lee ~ shall both bear iatercu fray such time until paid at tAe hriheu rats sibwablt ender ties laws of the State of lrtotitla. !•ailuro a exercise this option shall not coaa4tute s waiver of tLe riibt to eaertise t1s satoe io tba event of stir atsbogtscat defauk. ! Each person Liable hereon whether maker a endorser. herobr waives praeatn?eot, proteu, notice satirs of protest sad notiu of dis• honor sad aims to pa~? all coats, indudiai a rrasonabie attorste~a Ise. wJscthec wit bs browlht or not, ir, aftst asattrnt of thu note or default ~ hereunder, or under rod mortises, oounael shall bt stmpbred w taoUect this trots or to peotset the stxuritr a[ t~ aoortsaas. t~ ~ Whenever used itcran the terms ~'}roWer', "sdalte~' and "pared' shall bt sts the stusular or plural ~ fist watext lacer i require or adnut. ~ Maker's Addreu ~g~a~'Z" s°ec~ 305 ~.n~;~ 203? . ~ ~ .i.,~ ....~...cs>•`;AL~ 1 ~SYLVI~J. GEORGE ~ Av.~....~.a» ..-Fort Pierce FL 33450 .............................w..._......................................._........................(sE~L) .~............~.................._........._(SF.AL) i R I _ '