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HomeMy WebLinkAbout1351 30 ~laue and to ~iotd the same, together with fhe tenements, heredilaments and appurte- rrunces Iherefo belonging, and the rents, issues and profits thereof, unto the mortgagee, in fee simple. E' ~nd the mwtgagor covenants with the mortgagee that the ntorlgagor is indefeasibly seized of said land in fee simple: that the mortgagor has good right and lawful authority to convey :aid land as afore- , said; that the mortgagor will matte such further assurances to perfect the fee simple title to said Land in the . mortgagee as may reasonably be required: that the mortgagor hereby fully warrants the title to said land anti will defend the same against the lawful claims of n1I persons whomsoever; and that said land is free arrd clear of all enctrmbr~~~es except taxes accruing subsequent to December 31, 1978. i' This mortgage may not:~fie?•ha~igned or assumed without the consent of the Mortgagees. ` ~r i ~~~tded ~IU1uJS, that if said mortgagor shall pay unto said rrto.tgag.. the cwlain prowtb- ,i sore note hereinafter subatnnttally copied or tdenti)ted. to-u?it: t i4..QQQ..O~.-........_. _....»Port.:St~ Lucie».._ Fbrida March 19.79. '~:i'• ~'?Y .T a ~ fined joi tly ally promises to pay to the order tJr ~ ~iZeercbPa the undersi n and .sever a-~x ~ LUrS- A :»CATA -and»DINORAH -CATAs..hi~..wi fl~----..»..»_.»»».».......»..........» ......................»..~'s efts prittapsl sum of_aSiac.T'huuallDSl..sud._IInL1DD---------.--------~....Ddlars (S6,.Q44.A0»._...---..»), together with interest thereon From date at the rate oF....._.__...9..1/~........--par Dent. pqr atrtutn until msturdy, • ' sad interest being payable monthly on the ..............1$S»-•-----_-...day of each. sad every mottth• both princtpal 456 SE Seabreeze, Port St. and interest being payable in IawFul money of the United States at. ~ Lucie,» ......................»..-----...---------..._.....-•-----------._.._..---....._...-----......_..._...._....----------.»...._.».._..Florida, t,~~+t a sf such other place as the holder hereoF rttay designate in writing. Prittcipsl sad interest payable in ittsfsl- i meats oF.~J4~~Y'.~4 ~Ad: 4.~L1l2D------ poNars, (s-SZ-.43.._..) • f » J f - • i each on tlte.....1 et----day of oath and every month, beginrang on the .......l~t......day of»--»--.Ap=il»..».., ~ 19_.._79 and continuing until said principal and interest have been paid. Each ittstaNntent payment shall be i oTedtted First on the interest then dw; sad the remainder on pr'trtcipal; sad intersst shah thereupon cease upon ti`7~x the. principal so oredited- Maker reserves the right to prepay all or any portion of the indebtedness at any time without penalty. r ~'sx :3,~ ~ t• I ~ k~ , ' s SiJ~' j. Each seeker and endorsor severally waives demand, protest and notice of ?rtettrrity, non-payn»nt o? prded std aN re• quireetenls necessary to hold each of th.st liable as makers and endorsers. ~ a - • Each seeker and endorser further agrees, jointly and severally, to pay all costs of collodion, inckrding a reaspteble attor- rtes s fee in ease the principal of this note or any paymeN on tM principal a any interest thereon is not paid at the respediw ~ ~ ntaturify thereof, a in use 8 becomes necessary to protect the security hereof, whether suit be brought a not. s s°d+ This mote and deferred interest paymerds shall bear interest at tM rate of 9 1/2 per cod. per artrturo frost rttNwity wail paid. This note is secured by a first ntorfgage of even date herewith and is to be construed and enforced according to the laws ;s'±it~ of Ilse StaN d Florida; upon defwN in the payment of principal and l or interest when dw, the whole strst of principal and - iderest nrrtainirtg unpaid :hall, a< the option of the holder, become immediately due and payabb. 'e .................................................................l5e+l) Hic-fiaeT"Xiit~ioii'y"'Nester's........-----..I~) ~S,~ Seal) (Seel) ~T•t" r ~ ~ 3~ L:eorgia'~velyri'Hasters- ~jt' _ ~~~,ii`~'* ,fkY • yr" 1N" 1~+' }'~~rkr' ~i L•~l~y .r~-" 't i! r~ ~