HomeMy WebLinkAbout1765 •
TO HAVE AND TO HOLD the name together with the tenements, hereditaments, and
appurtenances, unto the said Mortgagee._S,, and their 1+eira and assigns, in fee simple.
AND said Mortgagor for itself and its successors, legal representatives and assigns, doth
covenant with said Mortgagee, rhpi r heirs, legal representatives and assigns, that
said Mortgagor is indefeasibly seized of said land in fee simple; that the said Mortgagor bath
full power and lawful right to convey said land in fee simple as aforesaid; that it shall be
lawful for said Mortgagee., their heirs, legal representatives and assigns, at all
times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said land is
free from all incumbranees; that said Mortgagor, its successors and legal representatives, will
make such further assurances to perfect the fee simple title to said land in said Mortgagee,
their ~+eirs, legal representatives and assigns, as may reasonably be required; and that
said Mortgagor does hereby fully warrant the title to said land and will defend the same
against the lawful claims of all persona whomsoever.
PROVIDED ALWAYS, that if said Mortgagor, its successors, legal representatives or
assigns shall pay unto the said Mortgagee..., their Legal representatives or assigns,
the certain promissory note-, of which the following in words and figures
true cop to-wit:
_
Mwrv~a+ tbu, Na- Ihtartrat t'arNb + ~MaaMt? YMtiaYS•IMnW heL,I~J! RtMINOL[ /ORM j
- - - - - - - - - ! f
llilort n e Note ~
1 s .96.,.0.00•..00... Ft .Pierce , flaida . _..Octob.ex 9.5 _..>!9 7.9... ~ ~
FpR VALUE RECEIVES Ihs urdwsi9ne! promises to pwy to the order c!
FRANK S. STAHLAK and JOAN M. STAHLAK, his wife,
~ 1Mpnncipat ,,,R, d .NINETY SIX THOUSAND AND NO/ 100
f
~j toflalhw wish iMerefl (hereon at the me d t;en ..per taro c'•• tr••-~~•• r•-•m October 15 , 19]9
{ unld mafurdr, both pmtipal end inlarssl being payable in lawful Mosey • 1 . U•••?ei ~.~aees •ucb n• srnat c..m a- f intere•.t payable .n insta:InwMS as lotbws:
Principal sum payable in three (3) equal annual installments of $32,000.00
each, together with accrued interest, said payments commencing on the Zst s
day of January, 1980, and continuing on the 1st day of January of each year
~ thereafter until fully paid.
'j THIS NOTE MAY BE PREPAID WHOLLY OR IN PART AT ANYTIME AFTER JANUARY 1,1980,
WITHOUT PENALTY.
Such rnstsllrrrerd payments shall be applied first to the interest accrwv9 unr!er the terms of this note and ttren b e reduction d the principal indabtedrreu.
Thy makers and endorsers o! this note further agree to werve demand, npnce d non•paymer•t and protest, sod in Ilse evert wit shall be brouplrf for Ilre }
collection hereof, a fire same has to be c411~ded upon demand d an aUO.ney. to pav reasonable suorney's lees for me c lion.-All peynwNS Irera- I
order shell beer iMweat N the rate of jU ...percent per anmrm from Rarwrty unla pard. Ths note is secured by t e~~rei~~ dNe harewitb end is to
be corutrued and enforced accordrnp to 1M hors of the State of flwida, ut delsuh in tM wymcM of wiMN~ andlw interest when dw, the whole sttrtr of
prinapal end interest remaining unpaid shah, at IM option of the hokfers. N•• nrrl! rmnrer'~ately .t, v .,nd parsble failtws to eRMCise this pillion shall rrW carstilute r
a waiver of the ryhs to earciss the acme in tM event of subseQuem ,islauh AMGER CORPORATION ~
p,reyle e, 1161 . Seaway Drive
_ ._ISE/1l) .
Ft.Pierce, Florida By: /S/ ~
- INER .KAMINSKI,. President __.•tsE~) ~
a suck o• • • . place es strati be _.(SEAU t
desi9nstr y tM holdrrr of ibis ,
nO1e ~ ,9• Attest : / S / tsEatl - r
- ELKE-~KAMINSKI Secretor•-
_ f
and shall perform, comply with and abide by each and every the stSpulations, agreements,
conditions and covenants of said promissory note- and of this deed, then this deed and
f
the estate hereby created shall cease and be null and void.
AND the said Mortgagor, for itself and its successors, legal representatives and assigns,
hereby covenant and agree:
vilU~' i
"~~318 F~~E17~0