HomeMy WebLinkAbout1513 ---.i~-~ _
I
usiw~ ~ W tl~e same. together with tl~s tenements, I~ereditamento and appurte-
nances]lhereto belonging, and the rents. issues and pro/tts thereof, unto the mortgagee. to fee simple.
- the mortgagor covenants wtfh the mor?flagee that the mortgagor is ind%ast6ly salad of said
land in fee simple: that the mortgagor has good right and lawful authority to convey said land os ofore-
satd: that flee mortgagor will matte such further auurances to Perfect the fee simple title to satd land to the
mortgagee as may reasonably be required: chat the mortgagor herby /ally wananb the t1lb to said Iand
and will defend the same against the lawful claims of aU psrsores whomsoever; and that said Land is free
and clear of all encumbrances except that certain T+~Ortgage i21 favor Of
-Glanv lle Mortgage Corporation dated 9/??/74, filed for record _
10/474 in 0. R. Book 232, Y e 1307, of the Public Records of
St. Lucie County, Florida, in the original principal sum of
$29,900.00,-and except taxes accruing subsequent to DecembeP 31,
1978. -
~VLYCII ~Ss that ij satd mortgagor ahaU pay uneo soil mortgagee the cereain promis-
sory note hereinafter substantially rnpied or identified. to-wtt:
- -
$ 1, 4C0.00 - P M Y 'OTE 5tu~xt . Florida
- D June 1
_ ~ , 19 79
FOR VI+~UE RECEIVED, the undersigned, jointly and. severally,
PRC~iISE TO- PAY to the order of :iV:~A i?icRJB :tTj - - =
the- sr..~ of !JY:: THJU~AidD FOUR H .~i• ~ ~?iiD ;i u '
DOL;ASS . V V at ~1f7 r+P . n ~ ~ ~ 4 -
- , or such of er p ace as the older ereo ma -
esignate ~n-writing, together. with interest f~:ort date at the .rate .
of nine c~: percent per annum on the unpaid balance
-until maturity.- The said principal and interest shall be due and
payable as follows: - - ,
- - Interest payments only pa;,rable monthly commencing -on the ' let day of
Ju~.y, 197, and continuing monthly on the let Say of each axLd every _
- - - month thereafter until the 1st day of rune, 1935, Gt which time the _
entire balance of principal plus acerue-d interest shall -be dua-and -
- payable in full . - - - - - - - -
^1HI3 I~IJr'': I.i S?%UR~D BY A i ORI'OAGv Ot REAL i'i~0~
F.Rt^t Ii{ s . s,Uz.I~ - -
Prepay:neats, in full or in part, may be made at any titre, without -
penalty.- If default be made for 30 days in the payment of
- any installment of principal or interest or any part thereof, the
whole sur.1 then remaining unpaid,-with interest, shall, at holder's
optior_, become due and"payable without notice. Failure to
- exercise such option shall not constitute a waiver of the right to
exercise the same in the event of subsequent default. After - -
maturity, both principal and accrued interest shall bear interest
at ten percent ( 1G per annum until paid. The
makers and endorsers of t zs note •further waive demand, notice of
non-payment and protest. If this note is not paid at maturity and
the same is_placed with an attorney for collection, the makers-and
endor~~rs hereof agree to pay- all costs of collection, wh_i.ch shall
inclufie costs, expenses and attorneys' fees on appe
. t ,
Documentzr• -'t - _ - SEAL]
~ imps in the _:~c i t.;c_ ,i~: t~ , d". .
sum of ,10 have been affixed '
to the ,-.;ortgage and cancelled: -
- - - (SEAL) -
~ ~o~ 3i7 ~~~5i 4 ~ ~ ~