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HomeMy WebLinkAbout0295 I o ~AVe And to livid ' fhr samr, fogrd?er with the tenements, 1?eredifamenfs and a nartcrs fherrlo bt•{oufir?f. am the rrnfs, lessees anti Ppurle f f ~ Projifs 1{tereoj. unto t{?e mortgagee, in jee simple. the mortgagor covenants with Ihr mortgagee that the mortgagor is indejewibly seized u/ quid land in /rr simple: that the mortgagor has good right and Inw(ul authority to convey said hind as afore- ! said; that the mortgagor u•i11 make sttch f ttrfher assurancrs to mortgagee as may reasonably be required: the! the mortgagor he ~ bt the fee simple lisle to said Land in the a??tl will tlefe?td the same against the lawful chums o ajj y (idly warrant the title to said land j and clwar a( all encumbrances except taxes sub equent ato eDece tart 31~ ~197g(~ . f1 I - I - ~ ' ~ ~~WAyS, that i j ,aid nwrtgogor shall pay unto sold mortgages the certain pron?ts- sory Hots hersfna/tar substantially cnPled or identified, to-wit: S 5 5 000.00 r\e . trort Pierce, Flortde QS' t ~ aP r 'y~ 19._.ZS~ ` I For value received, 1, we, or either of ua; promise 'to pay without defalcation, to the wae? of Gene C , D r u rim , ajf offige in Fort Pierce, Florida, the sum of i ~ 0 n n wah interest from date at t4~e rats of ~ 0 = 5 per annum, in monthly lnstallmanri as fofiows: t_ 519.30 on the 15 t ft' ~y -of J qP u it ry . 19 84nd a tike sum on the corresponding day of each like succeeding month thereafter for a peripd'of~~Q months, et which time fire entire unpaid balance becomes due and payable on demand. - A tale payment charge of ~ 2 5.9 7 ,shalt be added ~ to aactt 'payment remaining unpaid 7 days after its due date and a tike sum shaft be added to each such instatTrneM remaining unpaid 7 days after each succeed- ing payment date. ~ . - Each installment first shah be applied in the payment of the interest and then on the unpaid balance of the principal sum. !f default is made in the payment of arty installrrtent when due, then at the option of the holder, and without any other notice, all the remaining tnstallrnenri shall be due and payable at once. Privi:ege is given to pay two or more installments et any installment maturity date, but tfiis shaft not extend the lime of maturity of any subsequen! installment. Ncithet forbeeranoe, nor aoxptance by the holder hereoF after any default in any payment hereon, shat! ba deemed extension, Each maker, surety and endorser hereof; jointly and severally, waives demand, presentrneM, protest rnd notice of protest for non-payn?ent, and further aflrees to arty extension of time of payment, either before or aher maturity, without notice to any of us; and.fo pay a1R casts of collection, including a reesonabte attpr- t~e;'s fee in the event of any default hereunder,.and hereby ievetally weivel< all benefit of homestead and exemption under the Constitution and taws of eacFr'State of 'the United States, ss against this obligation or any extension of renewal hereof. ~ t._ ' WITNESS THE HANp AND SEAL OF EACH PARTY: (Seal) Robert A. Handy . - (Seel) ee~~ ~ - ~ Qonna J.. Ha nd_ y _ . oaf) - ,