HomeMy WebLinkAbout2498 ~o ~iAUe and to ~iotd the same, together with the fenemenfi, het+Klil4menls pnd e~urfe• i ~k
nances Ilterelo hr+lonTfing, and the rents, issues and profits thereof, unto the mo?fgngee, in fee simple.
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I; nnR the morfga{tor covenants urifh the mortgagee Ihaf the mortgagor is inde%astbly seized of said
ji (and in fee simple; that the mortgagor has good right and lawful authority to convey sntd land as a/ore-
saitl: I?tat the mortgagor urill make such f urlher assurances to perlecf the fee simple tills fo said land in the
mortttaitee as may reasonahly 6e required; that the mortgagor hereby jolly warrants the title to said land
anti tr+ill defend the same against the law/cal claims o/ all persons whomsoever; and that said land is free
~j and char of all encumbrances
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~COUided always (hat i sai mort a or shall
;I / d g g pay unto said mortgagee the cerfatn promis-
:I sory note hereinafter suhstarttially copied or identified, fo-u,it:
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14 400.00 Ft . Pierce ~ M_a _ _..30-...___._._•.._
1< % _ .Y .....19 7..9
ffJft VAtt1E ttt~IVEO t1t. ttttd.n;Ots~d txa~ites ro t»r ro th. ade? et
F1~IlIL IQdOFF and LUCILLE KNOFF, his wife
the pnncipal sum of Fourteen Thousand Four Hundred & NO/lOO,------- Dollars (s 14, 400.00 i. ~P31
toperher with iMeresf thereon 6om dale. at the rate of ....10 .........._.............per cent, per .annum.. until nwtw.lY. sa.+ .ntrrest 2
be.ng pavabb See BelOW on the day or .+nd 1
each year, both princiral and interest being payable rn Lawful money of the United Slates or its oquiva~r•nt, at
......._...._sa.d pra~cipal sum to be payobk on the dares and m the .unounts sptt+Lcd b,rlow t,, v.~r
The principal sum of $14,400.00 shall be payable in monthly
installments in the amount of $138.96, including principal
and interest at the rate of 10%, commencing June 30, 1979,
and a like sum on the same day of each month thereafter
- until this Note is paid in full. If a monthly installment is not paid
within ten (10) days of its due date then a late charge of five (5) ercent of
t insta~~mentof such installment shall be due in addition to the normal monthly
Priv le e i re erved to prepay this Note in whole or in part
- any ~im~ wi~hou~ penalty.
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Each mater and endorser severally wai.es demand. protest and nonce of maturity, non-payment or protest and all requirements necessary to hold each of _
i Them la+blc as makers e•+d !•ndors~rs
Each maker and endorser Tusher agrees jointly and severally, to Day all costs of collection, including a reasonable attorney's fee +n case the pr,nc+pal d
- rh.: note or anY Payment on the prrnu.'sal or any interest (hereon is not pa+d al the respective matw~tY rhereol, or in case rl becomes necessary to prorttr the
v~cunly hereof, whether sent be brought or not. 10
Thn note and deferred mt~yt.pdysents shall bear rntMest al the rate oC. __per cent, per annum from matwity cnbl paid.
This nose rs secured by a l1LL.•`~?LL martyage of even date hcrew.th ana it to be constr nd entor cording to the laws of the State o1 ilor•~a
upon default in the payment of principal andtor interest due on any note secured by sari Morrgayl so se cared and rema~rnng unpaid shall forrhw.rh
become due and payable notwithstanding ?heir tenor. /i
all
D~~i.r... Pas~smary _ _ _ (
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t (Seal;
Sharon Passman
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~~Rr309 ~a~~2495
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