HomeMy WebLinkAbout1537 ~t1Ut ~U1d W the same, together with the tenement. h,N~t~taM.nt~ .alt ~ippwte-
nonces thereto belonging, and the rents, issues and prof
its thereo/, unto the mortgagee. in j« simple.
~nd the mortgagor covenanter with the ntorigagw that the mortgagor to rode%ast6ly seined of said
land in jeer sittltple: thnt the mortgagor ha good rtght and lawful nuthortty to convey satd land a afore-
said; that the mortgagor will males suc/t, tuthar naturancee to perfect the je. ample Ittle to said Innd to th.
mortgagee as may reaeonnbly be Itiqui'' ;~t/i~''ll?CA~1?t~g~r~ji ly warrants the tills to said land t
and wiU defend the came against the lawful claims oaf
. ~ wntsoever; and that sntd Innd is free ~
and clear of nil encumbrances eacvl~ 'ti~}oP., i~aluixlg; t3~~~~~~lt to Devt~nber 31, 1978. s
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~COU'uted ~ltulays, that tf satd mortgagor shall pay unto said rtltorego» the asreatn ptottab-
sory note hereinafter substantially copied or identified. to-wit:
N art~.~e NON. tote. tt~Itet'Mt POy~Ne i /eeN~l? VyO~ONe4'IN~n,1 I~cb~t
~ Mortgage Note
25 000.00 fort Pierce Flerrids MaY...»?.S.r ...........................19..79
FOR VALUE RECEIVED tM tre?dMSiyrsed prwttisers to pay to the order of
GERALD S. JAMES
~ -TWENTY-FIVE THOUSAND AND NO/100--
the principal sum of............» Tars
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..............par cent per aruwm from-~---•------.'~_».
together with interest Iherraon at the tale oF...._..7 d t~ hereof
unt~I maturity, both principal and inlerrest being payable in lawful MorNy o) titer United Staters, wch principal sum and interred payabler in installments ere folbws:
The sum of $25,000.00, plus interest, due on January 2, 1980.
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TM makerrs and erndwsers of This voter further syres to waive demsnd, notice of non-paymernt and protest, and in the ervent suit shall ter bought for the
colt-coon hereof, a tM same has to ter collercterd upon demand of sn attorney, to pay reasonable atlwnery's ferers fa making such cdlerction. All paymernts hart
under shall bear interest at the rater of.....y....»...peresnt per annum from rraturify until paid. This note is serturad by a mottga9er of wan deter herewith and is to
be construed and enforced according to tM laws of the State of Florida; upon default in ther wym.nt of principal and~or intsrerst whern des, the wholer sum d
pal np unpaid shall, of the option of Iher hohiws, t»come imrnerduterly dw end payabler. Failwe to exercise this option shall not constituter
pr~nu and interrest rermaini
a waiver of tIN right to erxarciser 1M same in the werM of subsaquenl derfault.
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GRAN ED..»..._... p~1ti4Xti~
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211 South Second Street
payatsle at ........A,~1~'.H~Y....FG QM.YS.......... .................ISEAI)
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.Fort Pierce, Florida 33450 ~s.-.~~N~................................»(sEAu
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~ or such othw place as shell ter ~ ...............»........».........._...--.».............................................................(SEAI) ;
designalerd by the hotderr d this ~53~
~ I, note in writing. .....ISEAI) _ a
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