HomeMy WebLinkAbout2040 ~o due and to ~iotd the some, together with the tenements, heredilumenls and appu?te
Iln/lies Iherefo belonging, and the rents. issues and proJils fhereo/, unto the mortgagee, in fee simple.
the mortgagor covenants u~ilh the mortgagee Ihal the mortgagor is inde/easibly seised of said
land in /PP simple: Thal the mortgagor has good right and lawful authority to convey said land as ajoro-
said: that the mortgagor will make such (u?fher assurances to perfect the fee simple title to said land in the
mortgagee as may reasonn6ly be required: that Ihg mortgagor hereby Jolly warrants the title to said land
and will defend the same ngainsl the Inw(ul c~aiia~xdJ'~bll'persons whomsoever: and Ihdt said Innd is Jree
and clear of all encumbrances •xClpE t!!Ot! C~xe• tiCC1'1lUl$ taubtae~ueuC CO DlCtdttabe! ~1,
1978.
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i
~routded ~iways, that iJ said mortgagor shall pny unto said mortgagee the certnin prom~-
so?y note hereina/fer substantially copied or identi/ied, to-wit_
PROMISSORY NOTE ,
$ 43,500.00 Fort Pierce, Florida, April 5, , lll9
For value received I, we or either of us, promise to
pay, without defalcation, to the order of FLORIDA BANK AT FORT PIERCE
SO1 Orange Avenue, Fort Pierce, Florida 33450, the sum of $ 43,500.00
with interest from date at the rate of ~n-~~ per annum, in 300
monthly installments as- follows: $ 4nZ_np on the Sth day of
May , 19~, and a like sum on the corresponding day of each
month thereafter until the whole be fully paid. .
Each installment first shall be applied in payment of the
interest and then on the unpaid balance of the principal sum. If de-
E fault is made in the payment of any installment when due, and such
default continues 30 days, then at the option of the holder, and with-
out any other notice, all the remaining installments shall be due and
payable at once. Privilege is given to prepay this note in whole or
in part at any time without penalty. Neither forebearance, nor
acceptance by the holder thereof after any default in payments hereon,
shall be deemed extension. A late payment charge of $ 20,25 , shall .
be added to each installment remaining unpaid 7 days after its due
~ date, and a like sum shall be added to each such installment remaining
unpaid 7 days after each succeeding payment date.
l Each maker, surety and endorser hereof, jointly and sever,-
i ally, waives demand, presentment protest and notice of protest for
nonpayment, and further agrees to any extension of time of payment,
either before or after maturity, without notice to any of us; and to
l pay all costs of collection, including a reasonable attorney's fee
in the event of any default hereunder, and hereby severally waives
all benefit of homestead and exemption under the constitution and laws
of each State of the United States, as against this obligation or any ~
extension or renewal hereof.
c Witness the hand and seal of each party.
~ I
(SEAL)
Roger J. Sass, Jr.
1
l cc~~((~~?? e~ -+'%~C.I,t.C. ( SEAL )
30G~ JVU 'A(;i ~tX7 F;aren F;. Sass