Loading...
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. ~ II I I I i 'I ~rouided always, that if said mortgagor shall pay unto said mortgagee the certain promis- ~l sort' note hereinafter substantially copied or identified, to-wit: .I it I ~ , .I 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) ' .:a•. 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 J - Y. M P 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 ScC +~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 ~C r ~)I ,I I . k. Ii il~ . ~Y X19 P~~E 106