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1~NVt ~ W nV~ the same, together with the tenements, hwediiaments and oppu?fe-
nancesjt~h,.e?~eta belonging, anal 1hp rents, issues and projils thpreoj, unto the mortgogee, in fee simple. .
n1i1t; the mortgagor coi~pnanfs with the mortgagee that the mortgagor is indpjea:i6ly seized of said -
land in fee simple; that the mortgagor has good right and lawful authority to convey said Iwid as of
ore-
said: that the mwlgagor will ma4e such furthe? assurances to perfect the fee simple titb to said land in the
mortgagee as may reasonably be required ; that the mortgagor hereby fully warrants the fide to said Innd
and will defend the same against the lawful claims o/ all persona whomsoever; and that aatd land is free.
and clear of all encumbrances except taxes accruing subsequent to December
31; 1978.
~COUided ~ltways, that if said mortgagor shall pny unto said mortgagee the certnin promis-
sory note hereinafter substantially copied or idenfif
ted, fo-u~il:
MORTGAGE NOTE
$ 47.250.00 Fort Pierce, Florida, Au ust 6 1979
ror value received, I, we or .either of us, promise to. pay, without
defalcation, to the order of FLORIDA BA,~TIC AT FORT PIERCE, 501 Orange Avenue,
Fort ?fierce, Florida 33450, the sum of $47.250.00 with interest from date at the
rate of.10.75 per annum, in ~e installments as follows: $ 47.250.00
on the ~r day of JanuaYy_, 1979
~ Each installment first shall 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, and-such default continues 30 days, then -
at the option of the-holder, and without any other notice, all the remaining
i:LStailWents shall be due and payable at once. Privilege is given to prepay
-this note in whole or in part at any time without penalty. Neither-forebearance,
nor acceptance by the holder thereof after any dtifa It in payments hereon, shall
be deemed extension. A late payment charge of $ N~A , shall be added to
each installmant remaining unpaid 7 days after its due date, and a-like sum -
shall be added to each such installment remaining unpaid 7 days after each
succeeding payment date. -
Each maker, surety and endorser hereof, jointly and severally, waives
de.and, presentment protest and notice, of protest for nonpayment, and further
agrees to any extension of time of payment, either before or after maturity,
without notice to any of us; and to pay all costs of collection, including a
reasonable attorney's fee in the event of any default hereunder, and hereby
severally waives alI benefit of homestead and exemption under the constitution
and laws of each State of the United States, as against this obligation or
say extension or renewal hereof. '
Witness the hand and seal of each party.
- /s/ Chester Pasapane (SEAL)
- Chester Pasapane, Attorney-in-Fact for
Sam. L. Pasapane and Ruth F. Pasapane
Lit r (~-~.~7 \ ' t'1~3 wife. (S~)
e~~ .
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BOCK 314 PAGE 1~7 -
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