HomeMy WebLinkAbout2044 ~ ~Q ~e ~ ~ the same, together with the tenements, hsyeditaments and appurte-
ltancea !hereto 6elottping, and the reels. issues and prof ifs Ihenol. unto the mortgagee, in fee slmpb.
T111{I the mortgagor rnuenants with the mortgagee that the mortgagor b indejeati6ly :shed of :aid
land In fee simple; that _the morlgago? has good right and lawful authority to convey said land as afore-
said; that the mortgagor will malts such further assurances to perfeN the fey almple Lille to sold Iand in the
mortgagee as may reasonably 6e required; that she mortgagor herby (ally uwr?ants the title to sold land
anri will defend the same against the lawful claims of all psnotu whomsoever; and that said land is frw
and dear of alI encumbrances . , -
The Mortgagee reserves the right to have C. R. McDonald, Jr.
execute a Satisfaction of Mortgage at the time of final payment,
and the sole signature needed on that Satisfaction is that of
C. R. McDonald, Jr., who may execute it individually and as Trustee
for Corinne McDonald, a minor, and Christopher John McDonald, a
minor.
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~V111~I1 ~W~S, that .iJ said mortgagor shall pay unto said mortgagee the certain promis-
sory note hereinafter substantially rnpled or tdenflf
led, to-wit:
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Ft. Pierce... norida . April..-1.~........._..--•~9 79
= 32..r 30.0..-00...
FOR VAWE RECEIVED 1As undsrsiawd promises to pay ~o tits order d
C R. McDONALD, JR., Individually and as Trustee for Corinee and
_ _
Christopher-,,McDonald- - _
th. prrKipil ores d. ~k1~r~'~Y.--T..wp...Thousand...Thrg H _ ~...~`IS?.1.14.0.-.-.. --odor: is 32, 3.00..00
.psr ar.6 per.....-.. annum wail rtsaturdy, said ~nrerest
hors dale, at the rate vt... 7
IoOelher witA ideresl Ihereors
See Below and
.
ors the .day d
bws0 peyebb.................-...-.
~ Suite 200., 1600 S. Federal-
each year; both Prsntspsl end srNeresl berrsy payabM sn lawful money d the UniNd Antes or ds egpivalenl, at
.said prsncipal sum Io bs WYabM on IM dates and wt Ihs arrsourNS sPecJKd below, to-wit:
~ I~ighway-, ..Fort ._Pierce,....FL 33450_..
The principal sum of $32,300.00 shall be due and payable rive
(5) years from the date hereof. Interest shall be payable in
annual installments at the rate of 7$ on the unpaid principal
balance. - -
Privilege is reserved to prepay in whole or in part this Note
a at any time withoute alter
i dest notice d mattrrily, non-pay~ w prates! and aN reWeemMSls necessary to hold each
Each reeker and eedarser sesrerefiy werws Pr
Z Ihem bable as mowers and ersdorsers I and sewraMy. to p..y ail costs d colluctwn, irsclsrdrntl a ressonable Mtwrsey's fee in caM Ilse psrsupal d
Each ese?er and endorser further sprees, font y
1Ms hole or aM payment on Ilse prsncpal a any wNerest thereon ss nut p.uA at lire respedsw rrralursly thereof, a in case rt becomes necessary to proteu t
secsrsty hared, wlsether swl be bought a n~ ...per prN, Per arsrwrw ham realurAy veld paid.
This rsote and deferred interest paywsents shah bear sNwest st ttw role ol.
TMs note K secured M a SeCfJlld...m«t9~ d sore dste herewdh and is to be construed and e+dwe>ed~sjc?s~ordsn9 to the ors did ~d~tbr'da:
upon delsuM in Ilse paymsw?t d principal andtw sMeresl dsse on any nda secured by said Mp~gepe, aU nWes / ed a r
become dw and payabM rsolwiMsstarsdrnp their lersor. / ( l
~ ~4.c/..• Seal
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_ _ -4 re- ~ art T psori
. r,- !Beall
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M
Dollie Mae Thompson
I~
aoUr 307 ~~G~ 2044
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