HomeMy WebLinkAbout3002 ~o ~iaue and to Mold the some, together u~ilh the lenemenfs, ltenvlttumenfs and apt.urle ~
nanc•es Iherelo helunginry, and the m?tfs, issues curd pro/ih fhereu/, unto the ?norlgagee, in /re simple.
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II ~n~ the morlgactor c•ovenartfs u~ifh the mortgagee Iha! Iite neortgagar is indefeasibly seized o/ said
land in fee simple: that the morlgagor has good right and law/ul authority to convey said fond as afore
. said; lhaf the mortgagor will malre such Jnrther assurances to perfeet the fee simple title to said land in the
mortgagee as may rraso?tably l,e reyuirecl: that rho mortgagor hereby fully warrants the tills to said land
~ and mill defend the same against the law/ul claims o/ all persona whomsoever: and that said land is free
j artcl char o/ all encumbrances except taxes accruing subsequent to December
31, 1978 and that certain mortgage dated March 13, 1975 and re-
corded in Official Record Book 237, page 1026, public records
of St. Lucie County, Florida, in which Ben D, Emerson, Jr. is
the mortgagor and First Federal Savings and Loan Association of
Ft. Pierce is the mortgagee in the original principal amount of
6172,500.00.
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~rouided ~lwAys, f{tat i/ said mortgagor shall pay unto said mortgagee the certain promis- ~
~I sory note hereina/ter substantially copied or identifled, fo-writ:
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t! - - - - -
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: ~ - vero t3eetlt, Provide . April 19 9
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• ~ 1y~r®i e2 lE4Z out after oat., I, M?e or Nttx. of ut prondse to pap to the order of
_F~,~tY~'~t~tisttind 'and_.no'~~Y~~_~~-~s~w~--~-~~-±na-r---~--~----~----.- f~~$
for vahaa received, paysbk at ~~t " ~ea ~ =~S' xeliC ~O~tit~fle
Ei Zeao. 7~90Z wits inhttMSt
d>ita - at ttie rate of per oartt wa* anfwn u~il paid; Mterest payable u s•t fojth ~e-
And aadt of us rAtether maker, pierartlo. br +lndorso?: hereby sewrrslly wahras and ienocstcu ary a?d aN homestead erc~mwtien rldus"1~ii"
may have isrtdsr the Cartstitution oc Lnrs of -the Sfate of Plaids, ar ary outer Stab, a thfited States. a apfeMt this note: and each further waives
demart~, tlotloe Of ?tsst-payntertt and D?otest. ,and In tM etratt it beoonws aeoeaury to eoiMct this note tttrou~t an sttanay, epees M Wr aN eves
of cdbctiarr, indudiK "rasatable ~ttomays fee: - .
If detauft fa ?nade,ih payment when dtn,~then at the option of tt+e htNder, and wNhtwt any otter notice, a9 the raruiai?t~ baiartoe shtll
be dw ariil . payable at oetce.
! Thfs note-shall.. be 4yabe i>R 48 equal and consecutive >atonthly
~ fnstallaents of ;i,~S6,lb each-~ inciudin~.interest,:~coaasacing
on the 9 day of May,:-1999, find contiauinngg on the sa>!s day
frog >eono sionth theresft~s until. the_eatire balance of
principal and iaterest shall be fully paid. Each eonthly pay-
f went ahali apply firsrtl: to the paysie>at taf _,#nterest .and then to
the reduction"of principal. Privilege-of prepay>oent in whole
~ or in part is' reserved- to the ~ laakers. This Mote i* secured by a
seal estste lAOitg~ige~ of even date and is subject to the ter>tis
snd conditions therein expressed. -
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- /s/ Ronald J. Cain '
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l~onard~7:
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