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HomeMy WebLinkAbout1179 ~l ~o Piave and to ~otd the same, together with the tenements. JSeroditamints rind appu.ts- I+ nances thereto belonging, and the rents, issues and profits thereof, unto Ihs mortgages, to jss simple, the mort a or rnvenantt with the mort a ee that the ttsorf or b rode eaai6l seized o said i g g g ft gag 1 r 1 ~ land in /ee simple: that the mortgagor has good right and (awful authority to convey said land oa ajon- said; that the mortgagor will make such Jt.rther a:sttrances to perfect the fee simple title to Maid 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 law/ul claims of all persona whomsoever: and that said land L free and clear of all encumbrances except that certain Purchase Money Mortgage ex- ~ ecuted by Erney Cope and Jessie Mae Kope, hid' wife in favor of First Federal Savings and Loan Association of•Fort Pierce executed on December 15, 1978 and recorded in O.R.Book 300 at Page 476 - of the Public Records of St.Lucie County, Florida in the original principal amount of $16,000.00, said Mortgage having-been correcte by Corrective Mortgage dated _DeceTber 15, 1978 and recorded in O.R.Book 301 at Page 902 of the Public Records of St.Lucie County, Florida, also in the original principal amount of $16,000.00. z ` ~ f ~ - n'.,. ~rou~ded ~ttUdJS, that if said mortgagor shall pay unto said mortgagee the certain promL- ~ sory note hereinafter substantially copied or identified, to-wit: I t~ - t NonOpe tNN, F4. lr~;..v.t f~yeeM iw A4Mittr i.srewy-Yawut brlyde4 iEMINOLE FORM n 1 WRAPAROUND Mortgage Nore . s......z.3.r.000.00 Fort....~~.er~~.., Florida.............~AYPe.~..Pr.X....................19.....7.9 FOR VALUE tiFCE1VFD 1M w~dersigns,i promises to pay to the order of .............•ERNEY.. KOPE...and... JESSIE...2GO.PE,....l~l.S....W1~'.Ta............---....-......................................................................................-...... . th. p?inc;pal sum d.......... Twenty..-Th~ee..Thousand....and...No%One.-liundx'ed.~h~....-------....-....-....- .....................ooi,ar, together with interest thereon at the rats of ..tWe1Ve•.-pet cent per annum from........-........ tl'11S-.-d1te j until malw~ty, both printi f and interest being payabb in lawful Money of the United States, such principal sum and interest payable in inslaltments as folbws: i ,228 equal mont~ily payments of $256.54 with the first payment to commence Dec. 9,1979 and a Like sum on the corresponding day.of each like succeeding period, ;thereafter until the entire principal balance is paid in fu1l.The terms of thi ,rote are fully subject to the Rider to the Mortgage securing this Note making ;this a Wryaround Mortgage Note.Any pre~aayment shall first be applied to the 'First Mortgage and Note and the remaining balance shall be paid to the holder '.of this Note. Such installment payments shall be applied first to tM interest scuuing under the terms of this note and then to a reduction of tM principal indebtedness. The makers and endorsers of this note (wther agree to wsiw demand, not~u d non-payment end proteu, and in tlse evert suit shall bs brought for tM collection hereof, a tM same has to be colbcted upon demand d an attorney. to pay rwsooaWe attorney's fees for making such eollectan. Aft paymersls lwre* under shall bear inlares) at the rare d......1,.~.....pertsnt per annum from n•aturAy until paid. This note ri secured by • ~t>a!n of even dsa herewith and is to be construed and enforced according to the laws of tM Scats of Florida; upon default in 1M paY~ ~ PrinciP+l andlor interest when dw, the whole sum of 1~ principal and interest remaining unpaid shaft, of the option d the holders, neconse immediately due and payable. Failure to etcerdse this option slsall not constitute a waiver of tM right to exercise the same in Ifn event of wbsegwM default. Payable at 1714 Linwood Avenue /S/ Roger D. Hunter tsEAu Ft. Pierce, F1 33450 Rclger"'D-.Siiiz-ter . f g/ 9~tel-.la....~ ~ ....Harrier-....----...........,,.................................(SEAL) or such other place as shall be ................................................................(SEAL) -"-Ste lla ---M: "~'Hunte~C designated by tM holder of this - note in wrding. ;i ! ~ pp,,.i v~ !i I?