HomeMy WebLinkAbout1181 ~o iiaue and to ~1old the same, together with the tenements. he.edtlament~ and nppu?le-
r1anCPS thereto belonging, and the rents, issues and profits thereof, unto the mortgagee, in fee simple.•
the mortgagor covenants with the mortgagee that the mortgagor L tndejeasibly seized of said ,
land to fee simple:.that the mortgago- hat good right and lawful authority to convey said land as ajore-
said: that ?he mortgagor will males such further assurances to perfect the fee simple title to said Innd to the }
i~ mortgagee as may reasonably be required: that the mortgagor hereby jolly warrants the title to said land
!I arrei urill defend the same against the lawful clams of all persons whomsoever: and that said land is free
- and clear of all encum6roncet
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The Mortgagee reserves the right to increase the interest
rate on this mortgage to 11$, after the first year, if the ' ~
Usury Law allows an increase in interest rate up to 11$.
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~COU~ded ~twayS, that ij said mortgagor shall pay .unto said mortgagee the certain promis-
sory note hereinafter substantially copied or identified, to-wit:
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s 26, 206..63 Ft.....-Pi_rrr~.~.., clorrda June .8 . w79
IC1R VAIUE RECEIVE[) the wdws~Rrwd promrsrs to pay to 1M> q,br of
Warren Thgn?psVn anci uo.llxe M. Thompson, his wife
the pnncrpal win ul rPWenty six thousand.. t{do...hundre.d.six....and.- 63/100 oou-nt 26 , 20G . G3 t
[Death,, wdh interest thereon hum dale, al the rate ul 10 per cent, per annum wrhl marwAy, t.nA ,ntrrrt
G6,r,9 payabb tart below un rlrr .8th .t.ry c.l each month .rMl
each year. bosh grncq:al and merest bring payable m Inw(ul money :,1 the Umtrd Slates or .rs equrvalrnt, al F.oute 4 , I3C)X 5S8-A
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Fort Pierce, Florida 33450
sa.d y~,r.crpel win to be pav.~ble on the darns ance m the .rmwnb sr.roLed btrtuw. to-w~t
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The principal sum of $26,206.G3 shall be due and payable four (4) years
from the date hereof. Interest shall be payable monthly, at the rate
of 10$ on the unpaid principal balance.
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Each realer and endorser severally waives dernend, potesl and nW,ca of nralutrly, non-payment w proles, end ail rapurrwrrerrls necessary Io hold each of
' e them h,bk as maters ..nd endwtrrs
r Each mater and t:ndorsm hxrher ..grew. tanlly and severally, to pay ati cysts of co11.:Uwn, rncludrng s reeson.,We atlansy's lee m care IIN: prmupa) ul
- th,s note or any paya~em on the prrncrpa) w any rmerssl lheroun rs not peed at the respecl,w matwdy thereof, a in cots rl becgrnes necessary to gotect the i
xrcw~?y hared, whNher swt be brought a nut /r?~ ;
TMs nose and dderred mteretl paj~rrw: s shat! bear rmsresl al the rated _..~.RL.... par cent, err annum Iron malwdy until paid
The nWa rs seewed by a Se~`~~e~ .m«t9a9e o/ even d.dc hrrnw~th and rS 10 be COrrllrwd and enforced d(C Of drr,9 10 the Id WS or Ihr stale d floe rde.
upon default ~n the payment d prrncrpal sndeor rnleresl dos on any note secured by sand Mwt9e9e, all noses so tecwed and remarnrng unpaid shall Iwthw,th
become duw and payable rtolwilhstartdrrry lhe~ tenor
T$O1~IA5 `C : -'ROBZTAI
L/ Seal
JOAN MARIE ROBITAILLE
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X10 =~,:1~81
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