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HomeMy WebLinkAbout1448 • r s ~ ~o ~iaue and to Mold the same, together with the tenement. lteMditamenl! ~ nppurfe- ?tarrces Iherefo belo?tging, and the rents, issues and profits thereof, unto the mortgagee, to fe. simple. ~ l the mortgagor covenants with the mortgagee Ihat the mortgagor Ls indejeasfbly seized of said land In fee simple; . tk~oit the mortgagor has good right n?td lawful authority to convey said land as oforo- said; that the mortgagor will make such /urther assurances to perfect the fee simple Mlle to said land in the mortgagee as may recuonably be required; that the mortgagor hereby fully warrants the title to :std land mid will defend the same against the lawful claims o~ alt, persons whomsoever; and that staid land is free and clear of all encumbrances except tt~s Subttequerit to beFembea~?31, 1978. i t t • ~ ~tways, that if said mortgagor shall pay unto said martgng.e the ta..tat,t promb- sory note hereinnf ter substantially copied or identified, to-wit: 3 9 ,q,y MORTOAOE NOTE i3, 000.00- Ft. Pierce , Fbrida June lf'~, 19 79 FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than o?te) promises to p:y to ~ WILLIAM E. JAKAD and MADELEINE JAICAD, his wife • E or order. in the snaaner 6ereiaafter spociftad, the principal oum of THREE THOUSAND AND NO------------------------------------------ /'!00 DOLLARS i ~ (i 3, 000.00 )with iatere+st from date at the rate of per cent. per annum oa the 4alan« from time w tithe remainitK ttnpaid. lire said principal and iutt:rat shall be parable is lawful money a[ tLe United States of America at a at wch plan as may berraftcr be deli;sated by written notice from the holder to the maker hereof, oR 1 the date std in the manner followir~: g Face Value of this Note and Mortgage payable is three (3) equal monthly ~ installments beginning thirty (30) days after the filing of the Notice of Commencement, or payable in full ninet~r (90) days after the filing of ~ the Notice of Commencement for construction. i t Construction trust begin within two (2) months from the date hereof, or tut ~ must be paid for in full; i p , oo~ mot, ~~7y ; This note with interest is sect,-d ti.. a awrrgav. nw esu:s, ;J ....:.l l+ere•• rr.uie LY fife maker ltertsd is fatror a/ lest ssui paytse. tad tttrD M ooeatrued and enforced accordit>< to the laws d the State of Florida: The ttxau of said ttrrtgsrs ass br this aferewos made a part hereof. II default be trade is the payment of any of flat twins or iaterpt mentioned bereia or in said rrtortsage, a in the per[armaace of ' i any of the a~reemenu oontaiaed heron or in aid mortgase, thca the entire prisrcipai win and aocttred iatcrrst shall at the opine of the i balder her~eat become at once due sad collectible without rotiu bate of the esrence• sad acid principal sum and accreted iatenst shall both bear iauxest trap such time until paid at the highest rate albw under the 4ws of the State of Florida. Fsilure w eaercise this option shall not twnstitu:e a waiver of the right to eurctse the :amt in flit event of soy stabaegttertt default. ~ i EacL person liable hereon wbetlur snslter a endorser, hereby waives presen:rteat, protest, notice antis of protest asd aotitx d dis- horror std epees to wr all eau, including s reasor.abie attoraey't fee, whether suit br brought ' ,after matua of this or default hereunder. or undo said mortgage, talnsel shall bo cmpkryed to eo0act this note a to stxuritr at whenever cared herein the terms "tioWer•', "mates" sad "payee" plural oootest tasy require a adsait. . Ir[ater's :ddt~ . BOOK 320 r~cE 1446 D ..-....~.........~.(SEAL, r (tiliAL) 371 Midway Road - Ft. Pierce, Flor~,da • ~v.sn ~ - ~