Loading...
HomeMy WebLinkAbout2264 30 ~iaue and to ~iotd Jhe same, together with the tenements, hereditanents and appurte- 'I ?rances Iherelo belonging, and the rents, issues and profits thereof, unto the mortgages, in fee simple. end the mortgagor covenants with the mortgagee that the mortgago? is indefeasibly seized of said land in fre simple: that the mortgagor has good right and lawful authority to convey said land as ajore- said: that the mortgagor will make such further assurances to perfect the fee simple !ilia to said land in the mortgagee as may reasonably be required; that the mortgagor hereby fully wam,nts the title to said Land and will defend the some against the lawful claims of all persons whomsoever; and that said land is free acrd clear of all encumbrances • except taxes assuring •tlbiegUent t0 DeCetttber 31, 1978. ii I ( I' ~1 . ~ rounded ~iways, that if said mortgagor shall pay unto said mortgagee the certain promis- j~ sory note hereinafter substantially copied or identified, to-wit: i. {I i I ~ 40.000.00 Fort-.Pierce, Florida ~ O , 19 7! For valve received, 1, we a either of us, promise to pay without defalcation, to the order of ~VBBR'iR' L _ QSd~ it liC[I~ iff_ . Eigl SON at ~ P.O. soot 3630 P't. Pie~'Qe• lf'l~idti 34'.40 ~ the wm of •>Ad with Interest from dale st the reie ofd per snnum, in th¢ manner foik>Mring: i p u~ t>t»a installments shall be ~2~~-~ on ~ end a h'ke wm on the correspond- ing day of esdti like suooeedng theroafter until the whole sum :fiat! be fully paid with interest at 9 - % on the unpaid sums from time to time owing. (GrsMing option to the promisor the right of prepayment without penalty, and option 1b promise to add) interest drar+ges on all wms in de#auk. t:ach installment first :hail be applied in payment of the interest and then on the unpaid balance of the prindpal sum. If default is made in the payment of any installment when due, then at the option of the holder, .and with- out any other notice, all the remaining installments :hall be due and payable at once. Privilege is given b pay two a more installments at any installment maturity dste, but Phis shall not extend the time of maturity of any wb- t :squeal lnstalMnent. Neither forebearanoe, nor aooeptanoe by the fiolder hereof after any default in any payment heroon shah be deemed extension. 1 Esch msker, wrety and endorser hereof, jointly and. severally, waives demand, presentment, pfotest and rtarice_ of- protest for ran-peymertt and further agrees to aryr extension of time of payment, tither before or after msturlty. without notice to any of us; and to psy all coats of colledbn, including a reasonable atbrney's fee In the. event j of any defauk hereunder, and hereby severally waives all benefit of homestead and exemption under the constitu- j lion and laws of esch State of tfie United States, as sgainst this obligation or any extension of renewal hereof. t 's ~tnsa the hand and seal of each psrly.- 7 Stamps affixed to recorded copy. r f ` - w .~.r - (SE/?U r G e I R ~ ~I R nnr . PAGE l~ I