HomeMy WebLinkAbout1381 ~o ~iaue and to ~otd the same, fayefher wilh the tenements, he?ediltiments and appurle-
i rtattces Iherefo 1?rlo?tciirtg, and the rents, issues and pro/ifs Iltereo/. unto the mortgagee, in fee simple.
the mortgogor rnvenants with the mortgagee Iha! the mortgagor is indefeasibly seized o/ said
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land in Jee simple; Ihat the mortgagor has good right and lawful authortly to convey said land as ajon-
said; lhaf the mortgagor will make suck /urther assurances fo perfect the fee simple title to said land to the
mortgagee as may reasonably 6. required; that the mortgagor hereby /ally warrants the title to safd land
anti will defend the :ame against the lawful claims o) all persons whomsoever; and that said land is free
~ and clear of all encumbrances except taxes accruing subsequent to December 31
1978.
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i ~tlou~ded ~NWays~ Ihat i/ said mortgagor shall pay unto avid mortgagee the certain promis-
sory note hereina/ler substantially copied or identified, to-wit:
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t .2 S ,.OSIQ.._QSl._ Vero Beach, Florid, _ AugLS t 2-9 197 9 _
--A.S~64~A1t[---SQ~C7~£]~~d~-_-.-_-_--'.- - - - - - after date, I, we or either of us promise to pay to tl+e order of -
LAURETTA SCOTT DAPSON
TWENTY-FIVE THOUSAND AND NO/100--------------------------------- -
for value received, payabk st - - -
- -
r:
~ - - - _ . _ with interest
from ____aate-_______--_ at the rate of _ 10$___ per cent per amum until id• interest monthl
W psyabk - y---- -
And each of us whether maker, {ua?anfor or endorser, hereby severally waives and rerqunces arty and ell homestesd exemption rights we
may have urder the Constitution a Laws of the Stste of Fbrida, or any other State, a United Ststes, as spinet this note; and each furtive wsives
demand, notict of rwn-payment and protest, and in the event it bscanea necessary to collect this note Mxouar an aHorney. sarees to pay ali costs
{ of collection. Including reasor?aWe attorney's fee.
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if defsult is msde in psyrnent when due, then at the option of tht kidder, and without arty othd notice, a9 the remairrrK bslanu shall
f be due and paysble at once.
~ This note shall be payable in equal monthly installments of $227.18
each which payment includes both principal and interest with the first.
such payment commencing on the 4th day of October, 1979, and continuing
on the 4th day of each and every month thereafter until the entire bal-
ance of principal and interest shall be paid in full. Each such monthly
installment shall be applied first to accrued interest and then to the
reduction of principal. The maker reserves the right of prepayment in r
whole or in part without penalty therefor.
This note is secured by a Purchase Money Mortgage of even date and
is subject to the terms and condition contained therein.
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No.._--- Oue - SEN. r
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'i~315 P~E~3?9