HomeMy WebLinkAbout2862 ~o ~aue and to Mold the same. tayPther with the ter(ements. hereditnme?,1s and appurle
uanr(~s Ih(~rrfu l,rluu,~i(+s~. (111(1 Il,p ,sofa, issues mul pro/ifs fhr?eu/, unto the mortgagee, to /ee simple. ~
~!j end the mortgagor covenants with fhp mortgagee that fhs mortgagor u lnde/oaslbly seized of aatd
ii lar,(I in Jee simple: that the mortgagor has good right and lawJu! nuthority to convey said land as oJoro-
said; that the mortgagor will make such /urfhe? assurances to per/ret the lee simple title to said Iand in the
mortgagee as may reasonably be required : that the mortgagor hereby fully warrants the title to Bald land
ar,(i will (leler,d the same against fhs law/ul clntms o/ all persons whomsoever; and that said land is free
and clear o/ all encumbrances except taxes accruing subsequent to December
31, 1978.
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~V~ ~ilways, chat it said mortgagor shall pay unto sold mortgagee the certain promts-
1 sory note he?elnalter substantially rnpied or identified. to-wit:
PROMISSORY NOTE '
$ 33,600.00 stuart Florida
FOR VALUE RECEIVED, the undersigned, jointly and severally,
~PROP'IISE TO PAY t0 the order Of PORT ST. LUCIE BANK
the Sum Of THIRTY THREE THOUSAND SIX HUNDRED & NO 100-- D LLAR at
90o E.Prima vista B1vd.,Port St.Lucie,Fl, or suc of er place as
t e o er hereo may esignate xn writing, together with interest
from date at the rate of nine (9$) $ per annum on the
unpaid balance until maturity. T e sai principal and interest _
shall be due and payable as follows: .
In monthly installments of TWO HUNDRED EIGHTY-ONE AND 98/100 DOLLARS ($281.98)
including interest, on the 1st day of each month beginning on the 1St day of
( July, 1979, and continuing on the l aT day of each and every month thereafter
~ until the 1st day of June, 2004 on which said date the entire balance of -
principal and interest then unpaid shall become due and payable. Each payment
~ is to be applied first to interest and the balance to principal.
THIS NOTE IS SECURED BY A MORTGAGE ON REAL PROPERTY IN
ST. LUCIE COUNTY, FLORIDA.
Documentary Stamps in the sum of $ 50.4o have been
affixed to the Mortgage and cancelled.
ZF DEFAULT be made for -15- days in the payment of any
installment of principal or in
er'est or any part thereof, the
whole sum then remaining unpaid with interest shall at holder's
option become due and payable without notice. Failure to exercise
such-option shall not constitute a waiver of right to exercise the
same in the event of subsequent default. After maturity both
principal and accrued interest shall bear interest at TEN (10$) $
per annum until paid. The makers and endorsers of this note
f urther waive demand, notice of non-payment and protest. If this
= note is not paid at maturity and the same is placed with an
attorney for collection, the makers and endorsers hereof agree to
pay all costs of collection, including all court costs and
reasonable attorney fees.
PREPAYMENT IN FULL OR IN PART MAY BE MADE A Y W HO T PENALTY.
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8coK vvV Pa:,* 2859 C~ RO~RT F . M BERTS JR.
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