HomeMy WebLinkAbout0253 ~ ~o Piave and to ~iotd the same, together with the tenemen4. ~~{eredifamenb ytd nppurte- I
nances thereto belonging, and the rents, issues and profits thereof, unto rite mortgages. in lea simple. ~
the mortgagor covenants with the mortgages that the mortgagor is indefeasibly seized of said
land in fee simple: that the mortgagor hw good righ! and lawful authority to convey said land as afore- '
said: that the mortgagor will make such further asstuances to perfect the fee simple tills to said land in the
mortgagee as may reasonably be required; that the mortgagor hereby fully warrants the title to said land
and will defend the same against the lawful claims of all persons whomsoever; and that said land is free
and clear of alI encumbrances except taxes subsequent to December 31, 1978.
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~rov~ded ~lWayS, that if said mortgagor shall pay unto said mortgagee the certain promts-
~ sory note hereinafter substantially copied or identified, to-wit:
!I
wowTOwat MOTS
s 2,925.00 Ft. Pierce . ~«id•
October . lp 79
FOA VALUE RECEIVED, the uoderai~oed, (jointly and severally, J amore than one) proraiaes to pay to
MARGARET A. MURPHY or order, iw the manner bertiinattcr apeciC,ed,
the principal sum of TWENTY-NINE HUNDRED TWENTY-FIVE AND NO---------------=--------- /100 DOLLARS
(i 2,925.00 )with iotes~t Iran date at tbs rate of 11 pcr cent. t+er annum on the balance Iran time to time remaioio~ unpaid.
Tht said principal and iau:rest abal! be payable iw lawful tnowey of flu United States o! America u
or at moth plan as aiay berrafter be designated by writtca notice from the bolder to the maker hereof, ow
Face Amount of Note and Mortgage payable with interest
thereon at the rate of Eleven percent (11%) per annum
in Sixty (60) monthly installments of $63.62.
~ The First payment shall be due One month from the. date
hereon and continuing monthly for a total of Sixty months.
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The right to prepay, in part of whole, without penalty
is hereby reserved.
Tbu note with interest is ucured br a mortgage on real ~ Nate. of evew date bercwith, made by the maker hereof in favor of the s.id
payee, sad shall be construed sad wla~ccd auordias to the hws d the State ~ of Fbrida. Ths terms 4[ sod mortdaYe are by thin refuencc
made a psrt bercof.
II default be msde in the paynteot of nay of the soma or irotttYat mentioned hcrtin or in said awrt~a~e, or in the performance of
any of the au contained herein or iw said awrtp~s, thew the entire principal sum sod accrued interest abaft at the option of the
holder hereofbecome at once dw awd colbctibb without wotia, Bose beiaR at the essswce; sad acid priocipsl sum aa~l accrred iwteast
ahaU both bear interest from such time until paid ;t the bi~bat rate albwab4 under the laws of the State of Ybrida. Failures to c:er+cire
this option shall not constitute s waiver of the ri`bt to sxercise the same iw the sweat of soy aubaegtsewt default.
Each person liable hereon whsther twalter or endorser, htrebr waive ptraentateot, protest. notice wake of protest and wotiu d din
honor sad ajrees to par aA cane. iacludirts a reasonable atwrney'a fee. whether awl be bt~ousht a tat, il, sftet asatwur of thin note a default
hereunder, or under acid mort,~a~e, oouoael shall be erapbyed a t~oilest this naa or a proteu the aeatruy of acid mortsaYe.
Whenever wed herein th. coma "haldea+'. "maker" and "pane" abaft be 1ins~++ a plural as the eoutcxt star
require a admit. /
Ttiaker'a Address ~L ..._...»».........(sEAL)
~~:',~~19 ~~>;F 2~3 ..................................(SEAL) . .
(SEAL)