HomeMy WebLinkAbout1972 ~,Q a~ ~Q ~Q~l~ the same. together with the lenetneptf. heredita~?+eer?ts and appurte-
nances Thereto belonging. and fire rents, issues and projils fhereoj, unto the mortgagee, i?t jee simple.
Iin~ Ilre mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized of said
land in fee simple; that the mortgagor has good right and lawful authority to convey said land as of
ore-
said; that the mortgagor will make such further assurances to perfect the jee simple title to said land to 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 all encumbrances
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i nn'~
~~Ul~ IUIII~S, that if said mortgagor shall pay unto said mortgagee the certain promis-
spry note hereinafter substantially copied or identified, to-wtt:
~_~~QQQ . 00 _ _ Fort Pierce, Florida _ I~IQYem~er 2 ~ 1922_
FOIL VAI.UI•: RECEIVED. the undersigned, jointly and severally, promise to pay to the order of
11. R. HOLMA*i and MYRTLE P.~HOLMAN, his wife and HAZEL L. GRANDFIELD
FIF`PY FIVE THOUSAND b 00/100ths---------------------------------- DOLLARS,
at_ or such other place as
the holder hereof may designate in writing, together with interest from date at the rate of ten (10
t,er centz~m per annum, on the unpaid balance until maturity. The said principal and interest shall be
d::c and pas•able as follows.:
$:75,000.00 payable in annual installments with interest at the rate of 10$
nr~r ~r~~.~.n Tt~o ririn/~l Tat 47711 }lA aT7lrlYf-l 7Pf~ AVPY lei VPaI!^Q 471 ~h first annual •
~ installment due on November 1, 1980. Payments will be made on November 1st
of each succeeding year until the 10th year when a balloon payment for the
taL•al balance due shall be made.
I
' NINE (9) Principal and interest payments in the amount of $7,231.06 and
f a balloon payment on the 10th principal and interest payment in the amount
~ cf $34,642.34 due November 1, 1990.
~ PREI'AYI•lENT AT ANY`PIME WITHOUT PENALTY. _
I PERSONALLY GUARAr:TEE THE PROMPT
PAYMENT OF THIS NOTE ACCORDING TO
ITS TERMS.
DATED: 11/2/79
~
By?~~~~rr`~ v i~ is ~~'~i7~
D' ` • ORTH K . RICHARDSu:~t
g
j
:Y,.:~ . ~ s~/lT.•~.r; x;~i't.[- y jet. - : -
m l~default be made for_~~days in the payment of any-installment of principal or interest or
any part thereof, the whole sum then remaining unpaid with interest shall at holder's option become
•i•ie _ and pay able without notice. Failure to exercise such option shall not constitute a v: rice- cif the
r~tirt to exercise the same in the event of subsequent dafault. After maturity both princilal ;~rct accur-
intere~?, mall bear interest at 150 _per centum per annum until paid. The makers and endorsers
•^s3 n•~re :~irther waive demand, notice of non-payment and protest. If this note is not paid at matttr-
. ~~a *~:a same is placed with an attorney for collection, the makers and endorsers hereof agree to pay
' ~ c-.-r : of collection, ins?uding all court costs and reason ble ttorney fees.
- - - . ~ ^ JOIi~ •IALL N b -O -Walker
) ,1~.:7:,PH STALLS p
~ dO~K PaGE )V . ' -0.= ,.._-h ~ ac_t (SEAL)
_ _ t_L_ ~'y ~ _ ~
~ (SEAL)
t•:1LLIA?•1 C FURST, Jr . ~ sJSKORN
WALKER O' QUIhTN
rcr ar.