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HomeMy WebLinkAbout1891 E Z . i f . * r ~o due and to Mold the same, fogel{rer with the tenements. heredttamenls and uppurfe- ?larl('PS !he?eto belonging, and the rents, issues and profits Ihe?eof, unto the- mortgagee, in fee simple. th"e mortgagor rnvenanta with the mortgagee that the mortgagor is indefeasibly seized of said land i?r fee simple: that the mortgagor has good right and lawful authority to convey said la?rcl as afore- said; that 1hP mortgagor will make such /urther assurances to perfect the fee simple title to said land in the mortgagee as may reasonably 6e required: that the mortgagor hereby fully warrants the title to said land and will defend the same against tha lawful claims of all persons whomsoever; and that said land is free and clear o/ all encumbrances CoUldlPd ~UJS, that i f said mortgagor shall pay unto said mortgagee the certain promi,- sory note hereinafter substantially copied or identified, to-u?tl: MORTGAGE NOTE - AMOUNT LOCATION DATE s 972.72 Fort Pierce, Fla. 33450 9/25/79 FOR VALUE RECEIVED, the undersigned, (jointly and seve?ally, if more than one) promises to pay to - U. S. MOR'PGAGE COh~ANY ' or order, in the manner hereinafter specified, the principal sum of NINE HUNDR® SEVENTY TWO DOLLARS ~ 72/100---- (972.72 1 With interest from date at the rate of 18$ per cent, per annum on the balance from time to time remaining unpaid. The said principal _ and interest shall be payable in lawful money of the United States of America at 520 NW 165th Street Road, Miami, Fla. 33143 or at wch place as may hereafter be designated by written notice from the holder to the maker hereof, on the date and iri the manner following: 24 month~y installments of $48.57 each, first installment to beca~le due and payable on or before the 25th day-of October, 1979, and one installment to become due and payable on or before the 25th day of each succeeding-month - until the whole of said indebteness is paid, with interest from September 2~, ~ 1979 at the rate of 18$ per annum. I The Tax required by Section 201.08 of the Florida Statutes has been paid and proper stamp V have been affixed tothe mortgage which secures the Obligations evidenced by this Note. i "The maker of this Note herein reserve the .right of prepayment in whole or in part at any time without penally." ~ _ This note with interest is secured by a mortgage on real estate, of even date herewith, made by the maker hereof in favor of the, said payee, and shall be construed and enforced according to-the laws of the State of Florida The terms of said mortgage are by this reference made a part hereof. If default be made in the payment of any of the sums or interest mentioned herein or in said mortgage, or in the performance of any of the ag:eements contained herein or in said mortgage, then the entire principal sum and accrued interest shall at the option of the holder hereof become at once due and collectible without notice, time being of the essence; and said principal sum and accrued interest shall f both bear interest from wch time until paid at the highest rate allowable under the laws of the State of Florida Failure f to exercise this option shall not constitute a waiver of the right to exercise the same the event of any subsequent default. Each person liable hereon vvtrether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice of dishonor and agrees to pay all cosu, including a reasonable attorney's fee, whether suit be brought or not, if, after maturity of this note or default hereunder, or under said mortgage, counsel shall be employed to collect this note or to protect thx security of said mortgage: - Wherever used here in the terms 'holder', 'maker' and 'payee' shall be construed in the singular or.plural as the context may require or admit. _ MAKER'S ADDRESS ~ I A G BOaK3~ PAG1 g- ~ IL IAM~.',.>rt. y - - BARBARA ~N t t -