HomeMy WebLinkAbout0609 ~ ~ ~
~o ~~ue ~nd to ~ioid I~~e same, togefhe~ wlth Ihe tenemenls. ~eredifumenls and appu~le- j
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nancea IhP?eto ~)PIO/I~1/1~, cuu~ itie rnnfs, issues and pro~ifs Ihereo~, unfo the mo~tgages, in jee simp~e.
n~ Ihe morfga~or co~~enonfs wilh t{~R mortgugee thnt the mortgagor ts IndeJeaai6ly ~e~zed of aaid
!i land ln ~ee simple: thaf the morlgngor he! good right and law/ul authority to rnnvey said land as a(ore- ;
sai~: Ih4t f~e morfgago~ wi« malee auch /urfhe~ assurances !o pe~pct Itie fee simple title to ~atd Iand in the }
morf~apee as may reasona6ly be required: ihat the mo?tgagor here6y f ully warrants tl~e !t!(e to said Iand ~
on~i u~ill de~end Il~e aame agains! fhe lawjul claims o) aIl penona wf~omsoever: und that sotd ln~d b~ree
' and clenr oJ nll encum6mnces except real property taxes subsequent t0 i
~ December 31, 1978.
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~rou~ded ~lways~ lhat i f snid mort~agor shall puy unto said mo?tgagee the cs~tnin pro~nis- j
~I sory note ~ereina~fer sutistantin~~y copie~ or ic~entifie~. !o'iuit: _ I
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FCiw to~ PROMISSORY NOTE
s 9. 000 . 00 g~ ~ Florida May 3. . 19 79 .
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FOR VAWE RECEIVED, the under.igned jointly and se~verally prbmise (s) to pay to the order of ~
- Rabert M. Jernigan
at p.0. Box 1, Ft. Pierce, Flor.i~3a 33450
or at such place as the holdet(s) of this note:naY ~i~signai:~ ~n ~vriting thc principal ,um uf
Nine Thausand anci no/100--------_------------ DOLLARS
together wiih intecest thereon~ from '~Y~ 3~ ~~~~y at the rate oC 1~ `X~ per annum on the ~
'i unpaid balance until paid. pA~?ffi~~ AS FOL~~: To be in monthly installments of ~
! 1979 and
l $290.41, including fnterest, beginning one month from Msy 3,
j continuing the same~day of each month thereafter until May_3, 1982,
( on which said dat~ the entire unpaid principal balance and any accrued
interest becomes due and payable. Each such monthly payment shall be
applied first to the payment of interest on the unnaid bal.ance, then
to the paymeat of the principal. The privilege of making payments in
advance of the due dates without penalties is retained by the makers .
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~ f ult be made in the a ment of any instaflment under-this note, and if such defauit is not madc
If dt a p Y
~ood within 30 daysupori written demand the entire principal sum and accrued
interest shzll at oncx become due and payabic without nutice at the option of the hoider{~) of this note. Failun
to exetcise this option shall not constitute a wa~ver of the nght to exercise the same at a later time for the same
detsult~ or far any subaequent default. in the even! of deiaults in the psyment ot this,~ote, und if the same is
plaood in the hand= of an attorney at law for collection, the undenigr~ed hereby agree(s) to pay all costs of collec- ~
tion inctuding a reasorwble attorney,'s fee. Presentment, protest and noti~e are hereby waived.
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. S~/ ~ • (SEAL)
C ne P. Mc en ~
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~ , Inas aye McKenz ;
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