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HomeMy WebLinkAbout0749 • - ~o ~iaue and to ~iotd the same. together urith the tenements, hereditarnpnts and appu?te +tances thereto belwtginl~, and the rents, issues and projifs thereof, unto the mortgagee, in jee simple. j~,~ ~ nlld the mortgagor rovertanfs with the mortgagee that the mortgagor is indefectibly seized of said land in Jee simple; that the mortgagor has good right and lawjul authority to convey said land a ajore- said; that the mortgagor u+ill make such further assurances to perfect the jee simple title to said land in the II mortgagee ns may reasonably be required: that the mortgagor hereby jolly warrants the title to said land I and u+ill defend the same against the lawjul claims of all persons whomsoever; and that said land ls. free and clear of all encumbrances t I i i t ~COUtded ~.twayS, that ij -said mortgagor shall pay unto said mortgagee the certain promis- I) sory note hereinafter substantially copied or identified, to-wit: t ~i ;i i~ I, - rwtw, iv ?.,~c,aM ~qMM r Mow+My iwWMwwh twrw+• McbasO. EEMItVOLE FORM 1 949.7.7 1Vlort~~tae Note r ~ Ilorrda ~ s Port St. Lucie aovember 30, 1979 FQR VAIUE RECEIVE[) the ursdersrgneJ pom+se~ tc-pay fo the order of GENERAL FINANCG CORPORATION OF FLORIDA i i One Thousand Nine Hundred Forty-Nine and 77/100 t ene pr muuat sum of Dollars f 11 togeU:er wdh interest thereon at the ral! of p« CMf per annum hom date ~•~t•i •natunty. both principal and rrderest b1in, payable m lawful Money of tint Un,gd States, such principal wm and ~ntarts? paysble ,n +nstallrrsenes as lollows. Repayable at the rate of $88-.00 per month, principal and interest included, caith the first payment due December 15, 1979, and~each and every month i i thereafter until paid in full. I ~ i f j - 5.•ch ~mtaiirnent payments shall br aisDl:ed first to the interest a-,au:rq under the terms of this note and then to s reduction of the prmupal rndebtldnoss. i+e ma?ers and endorsers of efirs note Iwther agree to wave demand, not+te of non-payment and protest, sad in the event smt shall be bough) for the :o~!ruro•• hereol. a the same has to be cgliected upon Demand of an attorney, to pay reasonaole atlorMy's lees for mstung such colhxhon. AH paymarNS hart eer shat! Ctar mreres+ ar the rate of V percent per ann:.m from_rr•atunty untel pa•d This no!e is seturld by a mortgage of oven date herewith and is to ' !se constru.•d and enhrced accordusg to tit! laws of the State of flonda ufon detauU m the payment of prrnupal andtor interest whM dw, the whole sum of ' xrnrea, ar.t rntK~s• rera:neng unpmd shaC, at the option o1 the holc!ers oaome immediately dx and payable. Iarlwe to exeruse this opt on shell nol ccnshtute s wawa n! rh ht to .erc:se the same m rFe a eat o! wbseq,.+~~t default ~ ~0~8 ~outh Federal Highway X ~ ~ ~ ~ / ~ ~ , - • ~ , ~ _ : , ,sE~u `''y~~ l" a' Lary S,1 Townsend r-. Fort Pierce, Florida 33450 X~,~,~~~~~V~-~ c.-1~~ ,sE~l; i Margaret Townsend ~ cr ~wh o•~rr ;ac: a~ shah be 'SEAR r i desrgnateC by the t.p per of ran ~ , ~ ~~ute m wnhng J~ .i fSEAIi ~ - - - - - - II - - - - t ( i~ i~ ~~`~K321 PeGE 749