HomeMy WebLinkAbout1185 .r.
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~o ~ ~ ~ eh• ,a1ne. together with rho .t~MRt,. ~Mt, ts~ ~pWtM
nonce, thereto 6ebrwtrw, and rho rwtb, t,au., and pro/!b eh.r,% nrtto~ esh. mwto.~p...in ,enyb.
the mortgagor contnanb with tlt. Rtortgagee that tl?o tssortgagor L tnd./..,t6lr ,.t:;,.d o/ acrd
land in ,ample: that the ntort~opor /yes, oood right and law/ul authoretr to corner ,aid load « a/or.-
,aid: that rho mortgagor wtU tn~ "atsch /urth.r aatsroncea to pu/.ct tlt. ,fmpb title to asld load in the
moregog« a, may rra,ona6lr be requtnd: that tlt. mortgagor hereby /t.Ur worrvtnt, t/t. tttl. to ,std land
and will d%nd the canto agdn,t rite low/uI claim, o/ all p.r,on, whom,o.v~r; and that acid land t, ~iw
card clear of oU ertcumbrnrtee,, except taxes accruing subsequent to December 31 , 1979.
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~~twaysr ehae i/ ,afd mortgagor ,boll Par unto ,std mortgagee th. ctrtatn promf,-
sory note heretnajter substantinUr copied or tdentt/ied. to-tart:
i 6,100.00 Ft. Pierce, Florida
. November 30 . ll) 79
FOR VALUE RECEIVED, the undeni6ned, (jointly and severally, if more than one) promises to pay to
wAYNE E. ALLEN & JO ANN ALLEN, his wife T
' a order, in the manner bereinafta ,pecifsed,
` the pr~Gl?v ~ SIX THOUSAND ONE HUNDRED AND NO/100-----------------------------,/loo DoLLARs
1=6,100.00 )with ;nterut from date at the rate of Ten per cent. per annum on ebe baLnce from time to time remniaS unpaid.
The uud principal and infant dull be payabk is Lwful money of the United States o[ America at 2050 S . U. S . #1
Ft. Pierce, Fl 334~pat web plats a: tray bereafier be designated M written aoeiee from the bolder to the maker hereof, oa
the dart and is the manner following:
i
I! Payable in Thirty Six (36) consecutive monthly installments of
X65.56, beg~mm~g one month from date and each month thereafter
until November 30, 1982. On November 30, 1982 the full principal
amount of 55,484.68 will become due and payable.
I
The makers reserve the'right of prepayment at any time without
•penalty. .
f
( This note with interest is secured bar a mortgage on real estatq o[ even date herewith, made by the maker haeo[ in favor o[ the said
payee, and shall be construed end enforced aceordins a ebe laws of the State of Fbrida. •I'he terms of said mortSaae are by chit reference
made a put bereo[.
It default be made in the payment o[ any of the sums or ioterat mentioned herein or in said mortgage, or in the performance of
any of the a6reemenu contained herein or in said mortgage, toed the entire ptinupal sum and atxrued interest shall at the option of the
holder hereof become at once due and eoUectibk without notice, time being of the essenu; and said principal sum and accrued interest
shall both bear interest from such time until paid at the highest rate albwabk ands the Iaws of the State of Fbrida. Failure to acerttise
this option shall not constitute a waiver d the right to ataase the same id ebe event of any wb,equent default.
Each peran liable hereon wbetba duker or endorse, hereby waives presentment, protest, notice notice of protest and notice of dn-
bonor and agree to pay all oasq, including s reasonable attorney', tes, whether suit be bwugbt or wt, il, after matunty of this note or default
basuader, or under said mortgage, counsel shall be anpbyed to.ooliect this note ~ to protect the security of said mortgage.
M'beaever used baeia the tams "bolder". "maker" and "payee" cow ed is the lar or lural as the eodte:t may
rcquue or admit.
Maker's Adds, ~ ».».».»....(SEAL)
harles J hwab
1212 S . 33rd Street .»..-...(sEAL)
Fort Pierce, F1 33450 t1~ -
• .....(SEALI