HomeMy WebLinkAbout1533 i} 7~ ljAYt ~ W iW~~ the same, together wlth the tenements, herodifanents and appurte-
1 rta?tces thereto. belonging, and the rents, issues and profits thereo/; unto the mortgagee, in fee simple.
Iin~ the mortgagor couenanls with the mortgagee that the mortgagor is inde/easibly seized of said
land in fee simple; that the mortgagor has good right and lawful authority to convey said lnnd as njore-
said; that the mortgagor will make such Jurfher assurances to perJecf the /ee simple title fo snid Land in the
mortgagee as may reasonably be required: that the mortgagor hereby /ully wa?rants the fttle to said land
an~i twill defend the same against the lawful claims o/ nll persons whomsoever; and that snid land is /ree
and clear of all encumbrances excepting taxes accruing subsequent to December 31, 1979.
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t'OU~ded ~tways, that iJ snid mortgagor shall pay unto said mortgagee the certain promis-
sory note hereina)ter substantially copied or idenftfisd, fo-wit:
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ssowTOweis MOTS
S 15,000.00 ~ Fort Pierce ~ }~;d,
April 18 , t9 79
FOA VALUE RECEIVED, the uadessisred, (jointly and seversUy, i! more Jun one) promises to pay to
A ~ W LAND CO. , INC. a Florida corporation . ~ or ;n ~ tttanaer ~in,,t~
~ pruteipal wm ~ FIFTEEN THOUSAND aad------------------------------------------ao /100 DOLLARS
(i 15,000.00 )with inte»st from date at tha rate o[ 9.5 per coat. per annum a? the balartte trvm tune to tithe remainios ttapaid.
The said principal and uttsrest shat! be payable is Lwful matey of the United States of Amuica st Rte 3 -Box 469T-Fort
Pierce, FL 33450 or at such plsce as may hercalter be dtrsi~wttd by wriuea notice flora the holder to the tna><er lteroot, oa
is the date and is the mataaer foUowittj:
S
t Face Amount of this Note and Mortgage payable with in-
terest thereon from date at the rate of nine and one-
half percent (9.5X) per annum in monthly increments of
~ $174.96; the first of such monthly increments due and f
i payable one month from date hereof, thence continuing
~ thereafter until paid in full after a period of twelve
(12) years;
Mortgagors reserve the right of prepayment without penalty;
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s This note with interest is se~-ured a mcngagc on rqt eKste, t.i even dste herewith, mad. by the ma4er bertof in favor of the said
p~ •ooastrued and enforced acoordinS to the lat,rt o: sLe State of Fbrida. The terms of said moryp~e sre by thin rekrenco .
II dtlaull be made in the
payment of any of the su.us or interest mentieacd herein or in said tnortp~e. or is the perlormaace of
any of t1u ap~eaq ooataiatd. herein or in sa,d awrtpse, then ~e entire principal suet and accrued iaternt shaA at the optiwt of the
holder hereo[ bcootrte at oaoe dw and ooUedibk witbatt' notice. tune bbee~too~~ of the swnta: and said pnaeipal sum and acertiod iatemt
~haU both bear iatercat trap such time until pain st the biahe*t refs allowable under tbs bws o[ the State of f3orida. Yailurs a eaa:cisc
- thu option abali not twrutitute a waiver of the rtsht to es uc±te t'sa sataa Lt the twat. of nay twtbsoqucnt default
nortor and liable hereon whether tttater or endoia.•, bct+eby waives Prstesttnert, proKat. notice aotia of proiat and notice of di.• 1
sestets to pair aU tests„ laeittdaa~ a reawnabt• attorasy'a lee. wbcttter st•%+ be brousht or tsot• ir, after ttsawrit et this awe ar de[auk II
i ber+euoder. or under satd aaortssse, eouasel aball be .mployid to otatlact Ibis note or to ps+oteet the soettrity at aai~ mortsa~e. L i
Whenever wed herein the terms "bohier' `w..:et" and "payee':' shall be" e< as fix eoatwtt may
requu'e ar admit.
' 1?taker'a Address 308 YAbf 1~~'VtT"'"
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