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HomeMy WebLinkAbout1613 • ~o ~iaue and to Mold thr• same, tuctetlter with the tenements. herecltlumenfs and appurfr nanrts Ihemlu h,•lunninq, and the rents, issues and prolil. fltNreu(, unto the mortgagee. in fee simple. And th,~ morfryanor covenants with the mortgagee that the mortgagor is tndefrasibly seized of said ~ land in fee simt,lP: that the mortgagor bas good right and latuf ul authority fo rnnvey said land ns a f ore- said: that the morfflaflor will make such further assurances to perfect the Jee simple title to said Land in the mo.klalhe as may reasonably be required: that the mortgagor hereby fully warrants the title fo said land anti will defend the same against the lawful claims of all persons whomsoever: and that :aid land is free and clNar o/ all encumbrances i t j ~l'OUided Always, that if said mortgngor shall pay unto said mortgagee the certain promts- i ~i sory note hereinafter substantially copied or idenfifted, to-wit: .w 3 41, 000.00 Fort Pierce, Florida, r 13 1 q 79 For value received, 1, we or either of us, promise to pay, without defalcation, to the order of Ei7il~t0 Q. ttfod l~A L. l~.LY at 3101 South Zodiat>t Rimer Drip in Fort Pierce, Florida, the sum of p~tY-0Ae r~u~and atad 00/100---------y------ ~LLARS with interest noC~latn~tt the fat~oef~l:~_96 per annnum, in 120 eQs<it;l.~tntstallments as follows, 3SS8 4~ on the lII day of ~Q~r 197' and a like m su on the corresponding day of each like succeeding period thereafter until the whole be fully paid. Each instal4neM fiat shall. be applied in nayment of the interest and then on the unpaid balance of the principal sum. If default a i m-•te in the payment of any installment wlvn due, then of the option of the holder, and without any other notice, all the rema.ning installments shall be due and pavahl. at onc.- Privilege is given to pay two. a more installments at any instaNrner,f maturity date, but et+is shall not exterrf the time of maturity of •ny subsequent installment. Neither forbearance, nw atteptanp by the ho:der hereof after env defauh in any payment hereon, shall bs deemed sxfension. ~ - ~ - Each maker, surety end endorser hereof, jointly and severally waives demand, presentment, protest and notice of protest for rtor? payment, and further sprees to any a:tension of time of payment. either before or after rnatu?iry, without notice b any of us; and ro pay all ousts of oollectktr,, including a reaonab4 attorney i fee in tM event of any defauh hereunder, and hereby severally waives all ! benefit of homestead and a:emption under the constitution and laws of each State of tM United State, as against this obligation a any e:tension or renewal hereof. 1 Witness tM hand and seal of esch party- Th~ tax ><'oQriliod by SeatiOat 201.0>i s >rlOtritdi 8latiit~P s hate btlf~li>< Paid and Paropar stattlPs haw bfru afli~d t0 the t~artgaafls ithioh aeanrrs the obligation arvidanaod by thin swlw. S/ Dayid L . Framang (SEAS) - r- (SEAL) b F; ii ~