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HomeMy WebLinkAbout2343 70 TiiWL ~ ~ the same, together with fire tenements. he?edifamenls and appurte- nances thereto belonging. and the rents. fasces and profits thereof. unto the mortgagee. to fee simple. the mortgagor covenants with the mortgagee that the mortgagor L indefeasibly seised of said land in Jee simpjv; that the moregago? has good right and law/ul authority to convey sold land a ajore- sald; that the mortgagor will make such /urther auurances to perfect the fee simple title to said land fn the mortgagee w may reasonably 6e rtqulred; that the mortgagor hereby jolly urarranb the title to sold land and will dej~nd the same against the lawful claims of nU persons whomawver; and thnt sold land is j?ee and clea? of all encumbrances except taxes accruing subsequent to December 31, 1978. ~V~ ~~5, that ij said mortgagor shall pay unto aatd mortgagee the certain prom4- sorq note hereinafter subatantiallq copied or identified. !o-aril: ~:~9.e. ntr., H.. ftsisipl r.r+t• ~ K.•tw ¦ree.e.u-tr.s.r ra.+dl ti[twNtKt FORM n Mortgage Note s ...15...44.9..28 Fort. Pierce-... f!«i~~ _ August_ 29 _ .ss79 FOR YALUE RECEIVED tM unduupne! pronsisss to pay to IM «der d WILLARD E. STROUT and, _ILLENE -$TROUT, HIS..WIFE t;~ a;M;p., d.-.-.Fifteen.. Thousand Fou~c Hundred Forty.. Four and 28/100 ~~:w;, ~ topelhw wdh iderast thereon at tM rah d ten ...p« cent per annwn born .this -aadte until maturity, Goth prwscipal and interest bs~ payable in Lawful Money of tt?e Un,ted States, such prsncipe! s:an and interyst aaya~l• ,r. ~~stadme is at, lei ows 59 equal monthly payments of $128.70 (which represents interest only~wit~ the first payment to commence on October 1,1979 and a like sum on the corres~ pondinq day of-each like succeeding period thereafter until September 1,1984 on which date the entire remaini 9 in i a balan a shal become due and _r ' ~ pa e n one YMENT,salina a oon payment s a , 2.98 ` r nc pa amour pus one month accrued intereat).The Makers hereof reserve the right of prepayment inywhole or in part at any time with- out penalty. ~ suds esstaMnt.rr peywerMs slsaM be applied ferst to 1M interst i Tlse atatuxs and endorws d this nWe fsrthar under tlse farms d this taole and then a a eeduction d the principal irsdebledrsess: spree b waive daeaand, noise d norrpaymeM and proNat, and in tlsa evaa sui? shall be brou9lst For rM ca0i+ction tiered, « Pisa same has ro ba ooiieuW upon daetatd d an an«nay. b pay reasonable aROnsel/s teas for maturq such rolleeliors. /1q payasrsts here• under shelf bear irrarest at the rate d... ten-..percent par arowm kom traturity until paid. This noes is soared by a morfQape d even date herewith and is to be eorwrued and ent«od eccorQirg b the laws d 1M Stah d t~orida: upon defauk in the paytnast d ptieeipal andlor idan>t wlsen duo, the whole seas d 1 pru+apal and interest raeyinirg anpeid shah, at the opion d Ilse holders, uectree imnsedWely dw and payable. fashre to exercise Mis option sAaG not wnstswte ~ - awane. dthe riple !o exarasa Nse ssay in tt+e event d subeequenl defauh. 4 ~ayagle af...61~.6...~PaGh._BY~~l1~e--- . (SEAL) ~ ~ George. S:Medvedeff..... Port._St..Lucie,...f'1or~.da ......~3.4s2.._... „.,~,U,~ _ ......:......_Diana...Medv+sdett--.._........-....... ` o, such other trlaa as rya be - ~ -...Lonis...R......Medvedef f-...........(Sfi?y dessynae.d by the hoWw d this note in wrilinp. ' _ . . Evel rt . Medvedef _ ISEwLI ~ - - ~ = 1. ? ~ ~'13r•,~~ P~CE~~c . ~