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HomeMy WebLinkAbout0127 _ . _ _ _ _ r _ _ _ _ - - ~o ~tAite And ll,w~ j~,~ ~ t~ ~ . ~ . ~ W >1W~ the same, fogefher with the tenements, heredilaments and appurte- nnnces thereto belonging, and the rents. issues and proflls Ihereoj, unto the mortgagee, in fss simple. j the mo?fgapor ~+overeants wllh the mortgagee that flee mortgagor b indefeasibly seized of said land In fee simple: Cleat the mortgagor ?eai good right and lawful authority to convey said fared as ajon- soid; that the mortgagor will make such Jeerther assumnces to perfect the fee simple title to said land in the mortgagee as may reasonably be required; that the mortgagor hereby -fully warrants the title to aaid land and will defend the same against -the law/ul claims of a!I persons whomsoever: and that said land 4 /ree and clear of all encumbrances i , n~~~~ ~ COUIdQd T111Y S that i said mort promts- r f gagor ahaU pay unto said mortgagee the certain sory note hereinafter su6atantlally copied or identified, to-wit: , $ 13, 000.00. Fort Pierce, Florida August 3 , 19 74' For value received we, jointly and severally, as principal, promise to pay without defalcation to the order of KEITH A. BRASHEAR at the office of said payee in Fort Pierce, Florida, the sum of -------r- ----Thirteen Thousand ($13,000.00) and no/100--------------------- DOLLARS with interest from date at the rate of none $ per annum, in installments, payable as follows, to-wit: Five Thousand ($5,000.00) Dollars on or before November 1, 1979; Two Thousand Forty-Three ($2,043.74) and 74/100 Dollars on or before January 15, 1980; Assumption of two notes in the total amount of Five Thousand Nine Hundred Fifty-Six ($5,956.26) and 26/100 Dollars (one at the People's Bank of Mt. Gilead, Ohio and the other at City Loan of Finley, Ohio). Payments on said notes shall apply to this note, and failure to pay said notes shall constitute a default on this note and mortgage. _ Each installment shall first be applied in payment-of the interest and then on the unpaid balance .of the principal sum. If default ?is made in the payment of any installment when due, then, at the option of the payee, all the remaining installments shall becom due and pa ably at once. Privilege is given to pay two or more instalments at a1~y time. Should it become necessary to collect this-note •through an attorney, either of us, whether maker, surety or indorser on this note, hereby agrees to pay all costs of collection, including a reasonable attorney's fee. The makers, sureties and indorsers hereof severally waive presentment, protest and notice of protest for non-payment of this note and agree that the time of its maturity may be extended before or after maturity and do further severally agree to any renewal thereof before or after maturity, without notice of them. s/ Richard J. Lystra, Jr. (Seal) RICHARD J. LYSTRA, JR. (Seal) Q001k(314 PAGE (Seal)