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HomeMy WebLinkAbout0732 -~y _ _ _ . _ _ _ _ s} 1' ~o ~iAUe And to fold the same, together tutth the feneme~: ~~t~ditamen(n~ ~ aPPurte- nances thprrto Ix~lonfting, arid the yeah. Issues and pmjus th.reaJ, unto tho mortgagee, to je• slmPlt. the mortgagor covenants with the mortgogw that the moN` gagor is tndejeitsl6[y seized of sold land in jee atmple; that the mortgagor has good right and bwjul authority to eont.eq sold Land as ajo»- sald: that the mortgagor veil! moire such /urther assurances to perjret the jet stmPlt title to ,std Iond in the mortgagee as may reasonably be rtqutred; that the mortgagor hereby /uUy warrants the title to said land i and lull[ defend the same against ehs bwjul claims of all persons- whomsoever; and Hutt said land 4 jne and dear of all encumbrancti e3CCept t210t3e t8Xe8 Accruing sUb9eQtt8rit t0 December 31, 1978. _ - T z - _j_ - 1 - ` ' f i r l ~rti~~dtd ~UWAyS, that lj sold mortgagor ahnU Pay unto sold mortgages the raertal;~ prorMs• sory note hereinafter substantiallq c~apted or Identljled, to-u~ft: ~ M _ - _ MORTGAGE NOTE RJ1iwG0 i'GRM ra ~ i 2,000.00 ~ PORT ST. LUCIE , September 4 , la 7 9 FOR VALUE RECEIVED. ehe undenigsped, (jointly and severally, if more than one) promises to par to BARBARA YARBROUGH , or order, in the manner ltaeinafter specJied, ebe principal aim at TWO THOUSAND DOLLARS AND NO/100--=--------- ®--------..U00 DOLLARS (i 2, 000.00) iater~at from date u the rate of 10 per cent. per annum oo the balance from time to time reataiaitg uapaid. The said principal and interest shalt be parable in lawful money of the United states of Americs at 1903 Georgia Ave. Apt. 7G _ Ft . Pierce, Fla. 33450 or at such place as mar hereafter be desigwted M written notice tram the holder eo the maker hereof, oa the date and in the manner following: Payable in_Sixty (60} consecutive monthly installments of $42.50 beginning .one month from-date and each month thereafter until said principal. and interest due thereon are fully paid. The makers reserve the right of prepayment at any time without penalty. Thu note with interest u secured ~ a mortgage on real estate. of even date herew;tb, made by the maker hereof in favor of the said p:ree, and alull be construed and enforce according W the Lws of the State of Fbrida. U default be made in the payment of am-of the sums oe ir?terat mentioned herein a ;n said mortgage, or in the performance of any of the a~reemeats a4neained 6ereia or in sad mortgage, rhea the entire luncipal sum sad accrued interest shall at the option of the holder hem[ become at once due sad aolketibk without satioe, timea~~o[ the essence; and said principal sum sad accrued interest shall both bear interest from such time untd paid at the highest rate under the 4ta o[ the State d Florida. Failure to a:excise thu option shat! rat ooastitute a waiver of the r;abt to exercise the same in the event of sutr wbsequeat default. Each person L'able hereon whether maker or endorser, hereby waives presentma?t, protest, ta~c~ notice of protest and notice of disc honor and agrees to par all vests, including a reasonable attorney's tee whether suit be brought ar not, if. alter maturet~r of thu note or default hereunder, or under said trartgage, counsel shall be employed to collect this note air to protect the security of said mortgage. Whenever used herein the terms "bolder", ..maker" and "payee" shalt ix totutruod is the singular or plural ss the context may require ~ admit. ~ / Maker's Address ~..._.C~.k ...............(SEAL) iii D, coo~E~iCJ 6605 Salerno l;aad _ .i ~ ~?NI~. C~17: .........Ft. P3~erce,= FIa.:.....33450 ~ _ ~..................._............._.....(sE~tL? _ (SEAL ) _ - 1