HomeMy WebLinkAbout2620 ~o ~uc and to ~otd fhe snme. fogcfher u~ifh the tenements, heredifamenls ancj nppurfe-
nances l~ereto be~onging, and the ?enfs, issues and pro~it: f~ereo~, unto ftie mortgagee, in ~ee simp~e.
~nd the mortgagor covenants with the moHflagee lhat 1he mortg~9or is indefeasi6ly seized oj said
lond in /ee simple; that the mortgug~r has good righ! and law~ul autl~orily to convey said land as ojore-
said: that the mort~agor will make sucl~ /urthe? assurances fo perjecl the Jee simple fille to said land in tl~e
mortgagee as may reasona6ly be reyuired ; fhat the morfgagor hereby /ully warrnnts !he tiile to said Iand
and will de/end the sama agninst the lawju! clnim~ o/ all pen, ons u~hornsoever: and that said land is Jree
and c~ear o/ nll encum6rances
axcept taxes accruing subsaquent to Decamber 31s 197$ ~nd a certain
mo~tgage to first Federal Savings and Loan Association dated Decamber
14, 1977 and recorded Dacaiaber 19, 1977 in o. R. Book 278, pags 2715
of tha public reco~ds of St. Lucie County, Florida.
A default in said nartgaga shall oonstitute a default in this
mortgaga.
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~ ~rouided ~lways~ fha! iJ said mortgagor sha~~ pay tinto saic~ morfgagee the cerlain promis-
~ sory nofe hereina~ler su6stantia~~y copied or identi(ied, to-ruit: -
.s:.t _ -
S_ 12, 42 .41 . . ~ .
3 fort Pietce, Florida June 14 , ~ ~ s 79
Se~i nni n9__May Sth~ 1979 after date, 1, we or either of us promise to pay to the c.:~:
Florene McGee
Twetve Thousand Four Hundred Twenty three and 41/100----------------------
~ - ~
for value rece:ved a ab;e at2~8f' Fairmont Street, Stuart~ Florida - 3349k -
' P y -
w:t~ . . ~ - .
from ~~~~9 at the rate of 9 per cent per annum until paid; interest payable
~nth1 y_
~ ~
If defavlt is made in sny payment when dw, then at th~ option of ihe Mlds?, and without amr ofhe~ ootice, all the remain~n~ c...:
` shall be dw and payable at d~ce.
I
~ And each of ~s whether msker, guarantw or e~don~r, hereby aeverslfy waives snd reraunces ar~y •nd ell homestead exempi.w : '
; we may have under the Cwnt~tution or laws of ihs ~tate of FJorida, or any other Sbte u United States, ~s agsinst th~s note; and e~c•~ ~.~:+i~
~ waives demand, ~otice of rwn-payment and ptotest, and in ~vsnt N becartws MtesNry to collect this not~ tMouph m anorney, agrees ,c F_.,,
costs of tQflect~9n, i 1 in~ e b y's fee. ~
~ 8eg~ mm ~g .`~ay ~t~°i; °~°9~`
payments wi 11 be made i n equal successive monthl y
~ instatlments of S100.00 per month. All payments witl be first applied to interest
~ and then to principal. Notwithstanding any of the foregoing however, the entirc
° ar.iount of this note plus accrued interest shall be due and payable on April ~h,19$2.
The riaker shalt pay to Lloyd Taylor Reattor tha sum of 51,000.00 in ~nstaltments
~ as the maker may elect and shall be ~redited for such payment on this note.
~ T.ti~ tax required by section 201.08 of the ftorida Statutes has been pa4d and
prope~ starr~s have been affixed to the moctgage which secures the obligations
evidenced by this note. INDIAN RIVER GARDENS, INC.
~ '
~ BY •
~ SEAL
' 18~ President
~ _ ~S State Do:umentary Stamp ~ SEAL
~ .
~ Affixed to Originat Noie and Cancelled. -
~ SEAL
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~ SEAL
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