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Home My WebLink About2761 i ~o ~tue Altd to ~otd the same, together with Iie Iwiemenfs, he?edilamenls and appurte~ ~ nanrrs Iherelo belonging, and the rents, issues and profits Thereof, unto the mortgagee, in fee simple. ]~M~ 1 Tll~ the morfpagur cor~enanls with the mortgagee that the mortgagor is indefeasibly seized of said p land in (re simple; that the mortgagor has good right and lawful authority fo convey said land as afore- ~ said: that the mortgagor will make such (t?rther assurances fo perfect the fee simple fills fo said land in Ih. 4 mortgagee as mny reasonably 6e required; that the mortgagor hereby (ally warrants the fills fo said land and will ?le/end the same against the lawful claims of all persons whomsoever; and that snid land is free and clear n( all encumbrances except taxes accruing subsequent to December 31, 1977. , - I i i ~rou~ded ~tways, that i( said mortgagor shall pay unto sa?d mortgagee the certain promis- I sory note hereinafter subsfantinlly copied or identified, to-wih c PROMISSORY COTE $ 23 , 000.00 Fort Pierce, Florida, Aril 19 1979 ~ For value received, Y, we or either of us, promise to pay, without defalcation, to the order o€ FLORIDA BAA'K AT cORT PIERCE, 501 Orange Avenue, :ort Pierce, Florida 33450, tre sum of $23,000.00 with interest from date at the rate of 1O;I/4 per annum, in c~, monthly installments as follows: $250 on the day of July 1979, and a like sum on the correspon ing day o~F eacc. month thereafter until file whole be fully paid. Each installment first shall be applied in payment of the interest arci .:.er. on the unpaid balance o. the principal sum. If default is made in the pay:~ant of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the remaining irstallraents shall be due and payable at once. Privilege is given to prepay ~ t:.+s notes in w'role or in part at any time without penalty. Neither forebeatarce, ~ ~ nor acceptance by the holder thereof after-any default in payments hereon, shall ~ be daawad extension. A late payment charge of $ 1 2.5 3 s'nall be added to - each installment remaining unpaid 7 days after its due date, and a like sum ~ shelf be added to each such installment remaining unpaid 7 days after each t succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives ~ de:..and, presentment protest and notice of protest for nonpayment, and further agrees to aay extension of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, including a reasonable attorney's fee in the event of any default hereunder, and i?ereby ~ severally waives all bene:it of homestead and exemption under the constitution aa3 laws of each State o: the United States, as against this obligation or aay extension or renewal hereof. 9 Wi~ess the hand and seal of each party. David Albritton``~~/ ` ~ s /~(i I.~l~.~ (SBA:.) Sharon Albritton a ~ f R 3U7 2 ~ . gOGK PAGE 1 ' t: r I f1 iI t _ - . ~ ~ - = _ _