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HomeMy WebLinkAbout1364 . .ar... 3'0 ~aue and to Mold the same, together tuith the teneinei~f~•'. hetreditam«ds -and appurte- nances thereto bPlOliglil~j, and the rents. issues and profits Iliereof, unto the mortgagee, in fee simple. ~a+iiii tilt iiiviifjaifjvi aiii~a*iiiiiiib u%iiii tilt iTiviiaii}j.TV iiiiit tiie .iw.aauaali iS iiiurfcwivaj. bri~.ri1 iij biiiii land in fPe simple: that the mortgagor has good right aiid lawful authority to convey :aid land as afore- said; that Ilia mortgagor urill males such further assurances to perfect the fee simple title to snid Land in the .mortgagee as may reasonably 6e required: that the mortgagor hereby fully warrants the title to said land aiid urill defend the same against the lawful claims o) all persons wliomaoever: and that snid land is free and clear of all encumbrances except that certain First Mortgage executed by Reino A. Harkonen in favor of Dorothy Lane Waters dated December 7, 1977 and recorded in O. R. Book 278, Page 1474 of the Public Records of St. Lucie County, Florida in the original principal amount of $13,000.00. I - ~rouided ~tways, that if said mortgagor shall pay unto said mortgagee file certain promit- aory note hereinafter substantially copied or identif led, to-u.it: ~•..•^.•9~ noM, r4. ;Pnup.l I.r+DM in MowtMp 1r.+rsJirM.b-M..r.+• t.ctydedl SEMIMOLE FORM 17 - - - _ WRAPRROL'ND - - - - [l7or! ~ -c LVi~lc . s 19,000.00 Fort Pierce F;,.,;,t, October 14 79 fOR VAEUE RECEIVED the undcrsigne ! p: cm. - t~ .~.~ti so the or.ir - REINO A. HARKONEN ~ . Nineteen Thousand and No One-Hundredth the prinapal sum ol. ~ - - - - - - - - po!L:rs together wish interest thereon at tee rate of nine ;e`r cent per .vmum fror- this date - - unht matUrrty, bOlh prmCipat And Interest heirs J p~riablr +n ! aw("I h•pney of th^ :!-n • ! ~htPi :uch P'•nCI,^^..?' scrr amr :jig in ~n5t-1~iT^~tt AS lot'., 180 equal monthly payments of $192.79 with the first payment to commence one month from this date and a like sum on the corresponding day of each-like succeeding. period thereafter until the entire principal balance is paid in i ~ full. The terms of this Note are full subject to the Rider to Mortgage secur ~ ing this Note making this a Wraparound Mortgage Note. Any prepayment shall first be applied to the First Mortgage and Note and after said Note is satis-~ fled the remaining balance shall be paid to the holder of this Note. There ~ shall be no penalty for prepayment in part or in whole at any time. , Such installment payments shall be applied First to the interest a:au+ng under the terms of this note sad then to a reduction of the prrnc+p-al ir+dehtedness The makers and endo!~rrs of this note L~rther aq.e~ to xarve demand. not~cc of nompayrr+ent and profe.t, and m the event suit sti:.ll be brought for the co~lectien hereof, or the sam.• has to be cofler!ed upon der-,and of an .~ttornev. top +y rPdSCn-,t,j._ .r+!ornny's to^s for rn.ik.nq such ro~h~!.~n Ali payments here- u^der shall bear interest at the rate ul nlneG•'rc^~t pr•..?n~.~,n ?rom rr;,!yrvty u Sri paid. Thy; note ~s s~:ur•• t ~r a mortg,•ge of even .i.,•• hFrew~th anu rs to j be construed and enforce :according to the taw; of thn Mate nt Flon~a, u6on drlau • .n tie eayment o? p'~n:r~:,e ..nd w rrterest when rur, the whole sum of pnne~pal and interest remmnm9 unpaid shall, at tha ochon of the holders t;- c orr+e rr med•ately due and payab!^ (a.iu~e b _xereise lots optwn Shall not constitute t)warver of the nght to eaeruse the same rn the e~t~nt cf subseq~.nnt dc(aui?. j Payable a+ ' SEAL) ~ Joseph- r f ~sEaE) ~sEat-, ' cr such alher place as shall be - JOSephine E. Hammer designated by the holder of ttiis + note in writing ~fLGI'LC', e`_ , r!•t/J'Yt.Q,J~ -SEAL) F _ I I I ~I i A o.K 319