Loading...
HomeMy WebLinkAbout2170 } } ~n ~iaue and to Mold 1{te same, fuyetier u~if{t the lenemrrtls, heredilamenls and appurle- rutnces Ihrrefu hrluartintt. and the renf~, issues and profits Ihe?eof, unto the mortgagee, in fee simple. end the mort(ta{tor covenmtis with the mortgagee 1{test the mortgagor is indefeasibly seized of said land in fee simple; that the mortgagor has good right and lawful authority to convey said land as afore- said; that the mortgagor will make such turf{ter assurances Io perfect the fee simple title to said land in the mortftaftee as may reasonably 6e required ; that the mortgagor hereby fully warrants the title to said land i anti will defend the same against the lawful claims of all persons whomsoever; and that said land is free and clear'of all encumbrances except those taxes accruing subsequent to Dec. 31, 1978. t i i i • ;I 1` i~ i ~COUided always, that if said mortgagor shall pay unto said mortgagee the certnin promis- t a I sory note hereinafter subafanttally rnpied or identified, fo-wit: r.+OR7GAGE HO7E 3 14 , 360.00 Ft . Pierce , Fbr;ds March 19 ~ 1g79 FOR VALUE RECEIVED, the undersigned, (jointly and uveraUy, if more than one) promises to pay to William F. Sampson, Howard W. Sampson and Emerson G. Sampson, doing business as Sampson Brothers or ordu, is the manner hereinaftu specified, the principal cum o[ FOURTEEN THOUSAND THREE HUNDRED AND SIXTY DOLLARS tY NO/100 /100 DOLLARS ~ ~ 14 , 360.00) with iaterut from date at the rate of 10 pu cent pu acnum on the balance from time to time remaining unpaid. The said principal and interest shall be payable in lawful money of the United States of Amcrin a13150 River Dr. , Ft. Pierce, FL 33450 or at such place as may hereafter be designated by written notice from the holder to the maker hereof, on the due and in the manna following: I Payable on or before December 16, 1979. f i { i t i t t v • 'Phis note with interest is ucured by a-mortgage on real estate, of even date herewith, made by the maker hereo[ in favor of the sat payee, and shall be construed and enforced according to the laws of the State of Florida. The terms o[ aid mortgage are by this reference made a part bereof. If default be made in the payment of any of the rums or interest mentioned herein or in said tnortgagt'. or in the performance of s an}• of the agreements contained herein or in aid mortgage, then the entire prinupal sum aad atrrued inttmt shall at the option of the holder hereof become at once due and colkctibk without notice, time being of the esunce; and aid principal sum and accrued interest ' :hall both bear interest from such time until paid at the highut rate stllowable undo the lawt of the Stau of Florida. Failure to exercise chic option tball not constitute a waive of the right to excruse the same in the event of any subsequent default. Each person liable hereon whether maker or endorser, hereby waives presentment, protest, swtice aotiee o[ protest and rroticc of dis- honor and agrees to pay all cosu, including a reasonable attorney's fee. whether suit be brought or not, itr, afro maturity of this note or default hereunder, or undo said mortgage, counsel thaU be employed to collect this note or to protect the security of aid mortgage. K'hencver used herein the retests "holder", "make" and "payee" shall be construe in tht,}ingulu or plural as the context may rc wire or admit. 'l w . Maker's Address rL•• / - ' . S L j Evelyn-• agge~~~ g~}oK 3U5 ~.a::~ 2166 a ...........(SEAL) J a ~