HomeMy WebLinkAbout2514 1, ~0 nAYt A111~ ~ 11V~ the same, together with the tenemen~s~ ~ereditamenb'and oppurls-
'i rtances Iheroto 6elonping. and the rents. issusi and prollfa fhereo/, unto the mortgagee, in /a alenple.
the mortgagor covenants with the mortgagee that tl4e mortgagor is tndejeast6lr seized o/ said
land to lee simple: that the mortgagor has good right and law/ul authority to conw~r said land at ajon-
said: that the mortgagor will ma4e such /urther assurances !o per/ect the fee simple title fo aatd~land in !?u
mortgagee as mar reosonablr be required; that the mortgagor herabr /ullr warrants the title to said land
and will defend the sass against the law/uI cldma o/ all persona whomsoever: and that soid land U tree
and clear o/ all encum6rancea
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i s / gag par unto said mortgagee the certain promta-
~~hroWded 7""""ys that i said more or shall
sory ,note hereina/ter su6stantiallr ~ copied or identified, to-wit:
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s...~.~_91~6 ..66 Ft . Pierce lriay 29 79
FOR VALUE RECEIVED the undersigned promises to pay to the order of
-......BBIA?I>l...B..---KAY...and...Bf~.A~?I~...i.....I~AY,..:.his .~rife......._........... . . ,
.
the pr;,K;~,,,,,, ~ Seven Thousand Nine Hundred
E,.,~y Six,,.6 _66„~„10U,-.-.-.-.-.----_- p,lh„ 1s 7,:185..66_
together with interest thereon 6om date, at the rate of ....................10.... .....per prq, per........... annum.........................unfit matwifY, said interest
f be.ng oayabk..... See... Be low..........on the..
....day d .and..... .
[ each year; both principal and intereu being payable in lawful money of the United States a its equivaienf„a1 410 MCNe i 1 Rd . ,
Ft ...Pierce,.-- FL _ 33450 ------..said principal sum to be payable on thir dates and in the amounts specdied below, to-wit:
The principal sum or $7,986.66 shall be payable in monthly installments of $169.69, including
principal and interest at the rate of 10~ per annum, for a period of two years commencing
.Tune 2y, 1979, and a like sum on the same day of each month thereafter for 24 months. At
the end of the two year period a final BALLOON PAYMENT .in the amount of $5,259.11 shall
oe due and payable.
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z ~ Privilege is reserved to prepay this Note at anytime in whole or in part
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- Each maker and endorser severally waives demand, p.deu and nonce of matwity, non-paYm~M or potesf and all requiremsrds necessary to hold each of
e them I~abk as makers and endorses.
- Each maker and endorser fwthcr at}raes, jointly and severally, to pay all costs of collection, including a reasonable attorney's fee in case the principal of
- this note a any payment on !hs principal a anY interest thereon is not yard sf ?he respediw matwdy thereof, a in case it becomes necessary b protect the
secwity hereof, whether sui! be brought a not.
- This note and deferred interest pay~+pMS shall bear interest at the rare of........, ...........per cent, per annum from maturity until paid.
This note is secwed by a 8~-COI1.Q.......mwl9age of even dace hcyewith and is to be constrwd and enlorud accordrny'lo the laws of the State of Fbrida;
upon defauh in the payment d principal andtor interest due on any note secured by said t ,ell notes so recur nd ini unpaid shall lorthw~th
s become due and psyabk nofwilhstanding their tenor. ~
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