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HomeMy WebLinkAbout0778 ~o ~aue and to ~lotd the snme, together with the tenements, hereditartents and npptlrte- nances thereto belonging, and the rents, issues and pro/its thereof . unto the mortgagee. to fee simple. tha mortgagor covertants with the mortgngee that the mortgagor is indefensibly seized of said land in fee simple; f~tat'the mortgagor has good right and lawful authority to convey said Iand as afore- said: that the mortgagor will make such further assuronces to perfrct the fee simple title to said land in the mortgagee as may reasonably be required: that the mortgagor hereby jolly warrants the title to :aid ln»d arld will defend the same against the lawful claims of al! pe?sort~ whomsoever: and that said land i, free and clear o/ all encumbrances except for ad valorem taxes subsequent to December 31, 1979. I ' ~rou~ded ~i1WayS, that if said mortgagor shall pay unto said mortgagee the certain promis- l sory Hole hereinafter su6stantinlly copied or identified, to-wit: f II - _ , s_42,500.00~_ Fort Piertx, Florida _ ~ _ January' 4 , t~$p -----As- htreinafte~-.apt fnrrh-___ after date, f, vve or either of us promise to pay to the order of JOHN H. HARTS and DOROTHY BEATTY HARTS, his wife ---~RT~r-~ac~- ~xn~a/~oQ_ - - - no~u?Rs for value received, payable at ~P._0r___Box 956,_KeY West, Florida -33040-- - - ~ with interest from 1/180 - at the rate of $ per cent per annum lutti) paid; interest payabk ~ annually. And each of u «rhether maker, faua?antor or endorser, hereby severally waives and reno~rsces stay and all homestead exemption ri~,ts vre may have under the Constitution or farts of the State of Florida, or any other Stan, or United States, as gainst this note; and each ftrther waives demanq. notice of rarrpay~ and protest, and in the event it becomes necessary to colktct this rate throvetf an attorney, spec, to pay all casts of coNection, indudirK reasonable attorney's fee. ~ This note shall be payable in eight equal annual successive installments of $5312.50 each year plus interest at '8X per annum. The first of such annual ~ installments being due and payable January 1, 1981. Privilege of prepayment at any time, without penalty, shall be granted Payors. i E _LsL_ E~~~1~- ~co.~ ~ ELMER W, HANCOCK No. Due r,e_..__r_ _SEAL - BILLIE JEAN HANCOCK - ~ - - - ~ - . l i E~ 323 P>~ 778 1