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HomeMy WebLinkAbout0482 • ~.y I~ . ` 30 ~inue and to ~iotd the same, together with the tenements, heredilaments and appurte- rtances thereto helongirtg, and the rents, Issues ant! projtfs thereof, unto the mo?tgnges, in fee simple. the mortgagor covenants with the mortgagee that the mortgagor la indejeaaibly seized of aaid land in Jee simple; that the mortgagor has good right and lawful authority to convey aaid land as ojon- ~ said; lhaf the mortgagor will make such further assurances to perfect the fee simple title to satd [and in the mortgagee as moy. reasonably be required; that the mortgagor hereby fully warrants the title to said land and will dejend~lhe same ngainst the lawful claims of all persons whomsoever; and that said land is free i and clear of al! encumbroncea I i i I , ~rQUtded ~WAIJS, that i f said mortgagor ahnll pay unto said ntortgngee the certain promia- sory note he?einaJter substantially copied or identified, to-wit: i ~I i r f NSTALLM ENT NOTE s 225, 000 . GO Leceriber i4___ 19 79 Fort Pierce, Florida, - For value received we, jointly and severally, as prinicipal promise to pay without defalcation to the order of _ JOSEPH MORGAN, JR. and_ GLENDORA_ ~'lO~.tGAN_ _ . at'the office of said payee in Fort Pierce, Florida, the sum of • Two Hundred Twenty-Five Thousand and no/100--------- r ppLLgRS, - with interest from date at the rate of__10 _____96 per annum, in monthly installments, payable as follows, to-wit: $2, 417 88 DOLLARS, on the ~.4t~_ day of _-+~~]~?-Y-------• 1980 and $2, 417' 88 DOLLARS, on the _l4th - day of each succeeding month there- after until the whole sum Warned is fully paid. ~ Eech instillment fiat shall be applied in payment of the interest and then on -the unpaid balance of the principal sum. If defauh is made in the payment of any irutallmant when due. then, at the opYan of the payee •11 the remaining irotallments shall become duc and payable at once. Prrvilpe is given to pay two or more ir?stillments at etty lima. Should it become necessary to collect this rats through an attorney, eitl+er of us, whether maker, swety a indorser on this note hereby ogrees t0 WY all toes of collection, inetuderg a reasonable atbrrtet/a fee. The makers. wreties and indorsers hereof severally waive pesentmem, protest and ratios of protest for non•paymam of this nWe and agree that the tine of its matwity may bt extended before or char maturity and do further severally yrse to any rtnewal thereof before or afar maturity, without notice of them. l s/ Bruoe P. Center _--(SEAL) State documents Bruce _p Center _ - ry --(SEAI) stamps attached to original , note and cancelled) ---(SEAL) (SEAL) t ~o. fi 15,000.00 Ft.Pierce - tyr,r;f/Q, December 14 1q 79 a t O,/Pl' GRIP., 'Or tJQIUP rP('P1Ut'.d, I prt?rrtisP ttr f?m' tr? the urr/Pr o~ JOSEPH MORGAh, JR. and GLENDORA MORGAN ~tS wt..~ ---FIFTEEN THOUSAND AND NO/100------------------------------ , DOLLARS, of _ thPi r resi dPncP Fart Pi Prcc? Flurida uuh rnrr?rsr rhrrron at tJit rate of 1~ par trot. err ewnum from date uwtJ Jully paid. /wttrrst perablr xmi- t nnnualh. jh? maker and tndorxr e/ this War funbrr aRrrr rr. uurrr drmand, nourr of wow•peymtwt ewd protest; end iw cast suit shell 1•. Ln,n-ht (ar eh• tollrction IierroJ, or thr somr has to III r'oll,rrrd upon drmanrl n/ an ettorwry•, to ply rresonab/t ettornr~'s Jrrs /or makrnF sncF rollrrtinn. I)r/rnrd inu?ru rmrrrta to brat rnrrr.-v )tom mauurh et per trot. err ennurw, pewblr xmi- ennrrnlh _ U~ 482 ~ ~ ~ 1 BOOK PAGE _ - f St•nl