HomeMy WebLinkAbout1813 !!rr xrsnte_ t elhP• trrith the tenements, he?editnnenls an appu?fe
~~~e ~o ~ d
nann•s Iherefo bPlongirtg, and IhP renls• issues and profits thereof, unto IhP mortgagee, in fee simple.
1i1~~ tlrP mortgagor covertarrfs urith the mortgagee that the mortgagor is indefeasibly seized of said
~ land in fee simple: tha! the mortgagor has good right and lawful authority to convey snid land as afore-
said; that the marfflagor will malts such further assurances to perfect the fee simple title to said land in the
f mortftagPP as may reasonably be required; that the mortgagor hereby fully warrants the tills to said land
and roil! defend the same against the lawful claims of all aersons wJ,om,+•r.rer: and that said land is free
arrd clear of all encumbrances eXOept ad ValorA~n 1'~Al property taxes for 1979 aria
subsequent years.
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~rouided always, that if said mortgagor shall pay unto said mortgagee the certain promis-
~l sort' note hereinafter substantially copied or identified, to-wit:
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I ~l ~ortga~e Note _
S 8,000.00 t. Fierce ,flo.•da November 1 79
fpR VAWE RECEIVES the undersigns. prom~sr•• tc pay to the crCrr of
~1ARCIA C. BRUyLti7
' t•e Pnnupal sum o) ELGIiT THOUSAND (?8, 000.00) '
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reg9t'er w~rh interest thereon a! the ate of 9 der ceps per annum from trtC at~OVC Gate
' m rut r rh rn i 1 and interest be:n• a able .n ! awf~i hlcne/ of tn~ Un•ted States. such ~nc• I s~.m and mterest pa a~'e .n ~~aa~I^~~•~r: -
• a ~ bo c a D Y Pr Pa r
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Thirt~r-six (36) monthl~r installfnents of SZ`4.40 each, which ~.ayRtent
includes principal anti interest at 9g per r~r,n~tm. `;tic first such
1>aymetit shall col<Lmence one month after the ~thove ci~.ttc anti continue
each month thereafter until principal anci interest Zre E~aic? in full.
1>urchaser shall have the right to prepal at any time +~•ithout r~enalty.
Zhere shall be a late d~arge of 5$ added to any installment payment if not made within
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+~instalhne0nrpay~mefif"s sfiaTf be~applr vst to fheeinteresl accruing under the terms of leis note and Ihen to a reduction of !h9 p~inUpal rn~eo•e:~sss
the makers and endorsers of this note further agree to waive demand, noh:e of non-payment and protest, and m the event sua sha4 be brcught !r re
_a~~:cr•on hereof, o• the same nas fo be colleUed upon demand of an attorney, to paY reasonable attorney s lees for making such col,ecnon A!! pain-nrr here-
•er shalt bear inre•est at the rate of 1 O _percenl per ann,:m from rratun?y until paid This note is secured by a mo.rgaye of e+en date herev.~•h an7 is ro
_e construed and enforced according to the Taws of the State of Honda: upon default in the payment of principal and~or rnserest whet. !ue. the ..nets ;u'n o!
~cpal and mterest remjinmg unpaid shall, at the option o) the holders, o?romp •mmedrately due and payablo. Failure to exeruse rhos opt:or. ;h_,'I net ..^.>•rture
: ..arvcr of the nght ro er<e•c;se the same in the event of subsequent default.
.y,,bleat ~~2. S.F.. Scahousf, DI-1VC' ~_~r
Port St. Lucie, Florida, 33452 r::At
•uch other place as shall be - f A -
9-gated by the holder o! ttiis
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. ~Y X19 P~~E 106