HomeMy WebLinkAbout2767 f{te same, together with the lenemettts, hereditament: a td nppurle- f
30 ~iaue and to fold ~
tlanl Pf iherefo belowling, and the rents, issues and profits IhereoJ, unto the mortgagee, in fee simple.
~nd the mortgagor covennnts urith the mortgagee that the mortgagor is indefensibly seized of said
j land in fee simple: that the mortgagor has good right nttd lnwf ul authority fo convey said land as of
om-
said; that the mortgagor will mare such further assurances to perfect the fee simple line fo snid Land in the
I' mortgagee as may reasonably be required: that the mortgagor hereby fully warrnMs the title to said land
an?i urill defend the same against the lawful claims of all persons whomsoever; and that snid fond is free
~ and clear of all encumbrances
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~rouided always, that if said mortgagor shall pay unto said mortgagee the certain promis-
~I sory note hereinafter substantially copied or identified, to-wit:
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125,000.00 Ft. Pierce October 22 ,TV 7.9
FOR VALUE RECEIVED the undersgned ponrMS to pay to the order of
cr,,annvcm c>~ sal7T!`F ~`l1AD(1QSTT(1N a F1 ~,ri ~ C`ornoration
the pr,ncipal sum ~ One..._Hundred..Twenty Five -Thousand -and no/100 p~~,r, ts125, 000.00 i
royerher with interest thereon frow d+ta, at the tale d _--.-.1-3_. 0 ....v.r c+r,t pet .annum- _ anti! mates+y, said mteresl
I c,e ~g pavabk ..SEE- BELOW . on the day of and -
c ach year, both princlpol and interest b+sinq parable in lawful money of the United States or ifs eQuivafenl, s1 1600 South Federal
highway, Ft. Pierce, F1.-- ......said pnncipat sum iu be parable on tha dates and in tM arnouras specdwd bebw, to•wit
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§ The principal amount of $125,000.00 being payable in one lump
sum at the end of eighteen (18) months from the date of this
P note. Interest at the rate of 13.0$ per annum being payable
in monthly installments which shall be due on the 1st day
_ of each month, beginning November I, 1979, until this note
shall be paid in full. -
y Privilege is reserved to prepay this note at any time without
penalty.
Each waker and h waives dentend, prdsst and nolrte d rwattrity, non-peymwN or paesf and aM rsauirwt~fs ne~1l a held each of
~ E Ahern fable ss mater sers.~t
Each esaker a ~ ioinNy and severally, to pep aft toss: d coYectioa, incMrdinq + reasonable attorney's fee in case she principal d
_ rhos hole a any any interest thereon is nW paid at IM raspctive realvdy Mweo1, a in case d becoraas neoMierp h Orot+ct tM
, v curdy hereof
This note ~ dekrred int~pt pa ~shaN beer interest of the rate d-......13..:.~... -per pat, per arrrwes kom rwsrstrill? saYi! paid.
a This not ' secured by a 1rS-t p+0+ d even date herewith and is W be constrwd and enfornd accardinp b tM Jews d Mre State d Florida:
a upon defauh ' the payment d principal andt wNerest due on any note sewed (>Y said lAo~r.t]ota'sge sR notes so ~d i s s~ ~tl~wr
g Ixcome dw pepabk`'nOfbiAhstandrrq tenor. f1L'r~-MAR E~AT~ ~ 1NC::~a Florida
- t'~Ajl,. ~ Corporation !
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