HomeMy WebLinkAbout2887 ~0 itaVQ ~ ~0 1W~~ the same, to4ether witl? the lenemenls. tiered?taments and app?ulP-
?ac?u•ys IhNrnfu l..~lucucinf~, and the rynla, issues and pro/ifs IhyrNO(, unto the mortgagee, in /ee simple. j
i
1i~ the mortgagor covenants wtlh the mortgagee that the mortgago? Is Indsjeaat6ly~ sized o/ said
i; land in Jee simply: that the mortgagor has good right and law/uI authority to convey sold Iand as a/on-
salt/: that the mortgagor wilt ma4e such further asaurancya to psr/ecl the /ee simple title fo sold Land to the
morfgaftey as may ryasona~hl~'ba required; that the moNgagor hereby /ally warrants the title to sntd land
! anti will de(ynd the same against the Iaw(ul claims o/ all pyrsons whomsoever: and that said Land U free
and clyar of a[I encumGrances except taxes accruing subsequent to December
31, 1978, and that Mortgage dated March 23, 1973, recorded in ORB
212, page 1343, St. Lucie County, Florida, public records,-in the
original principal sum of $25,800.00., from John W. Donahue and j
Gloria A. Donahue, his wife-, to First Federal Savings and Loan '
Association of Fort Pierce, Florida.
!I
;j
ii
~i
f
i
~V~ ~UAyS, that i/ said mortgagor :hall pay unto said mortgagee the ceNafn promis-
~ sory Holy hyryina/ter substantially copied or identl/Ied, to-wit:
PROMISSORY NOTE -
$ 7,100.00 Stuart
Florida
- t
June '1 , 1979 - ~jj
- - - 3
- - FOR VALUE RECEIVED, the undersigned, jointly and severally, ~
PROMISE TO PAY t0 the order Of JOHN W. DONAHUE
the Sum-Of SEVEN THOUSAND ONE HUNDRED AND no/100-------- D LAR at -
UL L ~i4 L ! ACT //And ae<ne~ Ks>•Isi~r St],O Ot er p1aCE' aS
t e o aer hereo may esignate in writing°;'''~ogether with interest
from date at the rate of NINE & 1/2 (9.5$) $ per annum on the
unpaid balance until maturity. T e said principal and interest
- shall be due and payable as follows: •S
In monthly installments of ONE HUNDRED FORTY-NINE and 13/100 DOLLARS ($149.13)
f including principal and interest, commencing. on the 1st day of July , 1979, _
and continuin on the - £
9 1st day of each and every month thereafter until the - t
1st day of June , 19 84 , at which time the entire Balance of principal i
and interest then unpaid shall become due and payable. Each payment is to be
S applied first to interest and the balance to-principal. -
-
s
PREPAYMENT IN FULL OR IN PART MAY BE MADE AT ANY TIME WITHOUT PENALTY.
THIS NOTE IS SECURED BY A MORTGAGE ON REAL PROPERTY IN {
ST. LUCIE COUNTY, FLORIDA. - -
E Documentary Stamps in the sum of $10.65 have been
affixed to the Mortgage and cancelled.
IF DEFAULT be made for --i5- da s in the
installment of p y Payment of any "
princi al or interest 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 len(to) $
per annum until paid. The makers and endorsers of this note
' further waive demand, notice of non- a eat and
s P Ym 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.
3
~i
u R -
s~~rc 309 °acE -"y elf
2884 0
ROBERT McROB , JR.
- - - ~
_ - -