HomeMy WebLinkAbout0077 •
1 1IIP same. IOgPihel W/th the teeNlne.tii. llr7ruttwiii+tti3 tiaiii uj3~:uiit
stances Ileerelo Iselottftirttt, and the rents. issues a?td prof
ils the?eof . unto the mortgagee. in fee simple.
the mortgagor covestanis with the mortgagee that the mortgagor is indefeasibly seized of said
land in fee simple: Ihat the mortgagor has good right and lawful authority to convey said land to of
ore-
; said; that the mortgagor will make such further assurances to perfect the fee simple lifle to said land in the
mortgagee as may reasonably be required; that the mortgagor hereby fully warrants the title to said land
anti twill defend the same against the lawful claims of all persons whomsoever: and that said land is free
and clear of all .encumbrances except taxes accruing subsequent to December 31, 1979.
I,
11,;
ll
4
i
~COUided ~twAys, that if said mortgagor shall pay unto said mortgagee the certain promi,-
sory note hereinafter substantially .copied or identified, to-toil:
MONTGAOE MOTE
1 S , 400.00 Ft . Pierce . >a~r?d~
December 28.19 79
FOIL VALUE ABCEIV.ED, the undersi~»ed. (Jo,atlr asd tevtraUr~ tt sours than one) proatises to par to
A b W LAND CO. , INC. ,res.. ~
toe principal st+ot of FIFTEEN THOUSAND FOUR HUNDRED and NO---------------------------11100 DOLLAKS
ii ~ 5,400.00) with iatcrest trout date at tlss rats of 9} pcr ccat. pu attawa oa the balance from tithe to time rctnaiwias tts?paid.
The said principal and interest shall bs payable is Lwttsl tna+ey of the Uwitsd States of America at
or at such place u mar benattrr be drsiYasted br wntlra mice (rum the holder W the snaktt hereof, t?w
the date and iw the ttsaaasr toUowists:
Face Amount of this Note and Mortgage payable
with interest thereon from this date at the rate
of Nine and One-half percent (9}X) per anntm in
monthly installments of =179.63, .inclusive of
principal and interest, for a period of 144
months. The first payment shall be due One
Month from the date hereon.
The maker of this rt~te reserves the right to
prepay, in part of whole, at any time without
penalty.
' }
'T'his note with interest is atxured br a ttaottRaRe an real estate, of ewea date herewith, shade br the maker herewt is laves of the sa?d
Nayce, sad ahaU be ooastrued and enforced acoordias to the lawn d the Stste of Florida. 71se terms of red wortraYe are by this rcfereacc t
made a part heron[. i
If default be made in the ymew of ear of the stsssss a interest mentioned hcreiw or iw asid
any of the nq ooataiaod hereia or iu raid then the satire ~e~ or in the perto~rswance of s
snortpse, principal west sad aoertsed interest shall at the optba a< tAe
holder bt~ostte at oats dos and oolketibk without actin, time beissR of the caseucs • sad said stt:ipal sem awd accrtxd swtcrr.•
•haU both bear interest from such time until paid st the hiahs~t rate aUowabk ceder the taws a[ the State of Fbrida. Fadwe a estercisc ~
this option shall not cowtitute s waiver of the right to escercise ttss sa=ne is the event of ear wbsoquest default. ?
Bach pcrsop liable l+ereoa whetbe? saalter or endorser, hereby waive pressntsnsat, protest, notice wwioe of protest sad notice test dir
horror and agrees to par ap oats, iwcludiag s rrasowabk attorasr'e tss. whether wit bs brotWtht a not, ir. after sasawnty ai this nee eat detatsk
bcreuswiet, of s=eder said ttaortgage, oouasd shall bs sasplaysd to eaileet this sots st w prratsct the security st said mortgage.
Whenever wed herein the arrw r., "maker' astJ "payee" eoastrued is the siagu0g eat phsral >a the tarac>u sx.r
require ear settait.
Maker's Address »»»........».»._...........(SrAL) ~
'S'. R~' ~
BOOKJhG•~ PAGE ~ ~ »».».»._..-.(uAL)
~~t(~TA 6. BAGUI
II
~1