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HomeMy WebLinkAbout1457 a • - ~ st • Rio ~iaue and to void the same, together with the tenements, heredifumenh and appurte ~ nnrrces Ilierelo I?elorutirtg, and rtes rnnts, issues and profits thereof. unto the mortgagee, in fee simple. hind the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized of said t I land in fee simple; that the mortgagor has good right and lawful authority to convey said land as afore- : said: that the mortgagor will make such further nssurances to perfect the fee simple title to snid land in the mortgagee as moy reasonably be required: that the mortgagor hereby fully wn?rants the fills to said land artri will defend the same against the lawful claims of all persons whomsoever: and thnt said land is free aced rlPar aJ all encumbrances except taxes accruing subsequent to December 31, 1979, an that certain mortgage from VINCENT L. SEVEDGE and VERNA C. SEVEDGE, his wife, to ~ FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, dated August 17, 1977 j and filed of record August 22, 1977 in Official Records Book 272, page 2802, of ` ~ the Public Records of St. Lucie County, Florida. . ,i i ~i i ~rouided always, that if said mortgagor shall pay unto snid mortgagee the certain promis- ,I sory note hereinafter substantin[ly copied or identified, to-wit: MONTGitGE KOTE t ' • 15,525.00 Hunington, West Virgi?~ia January ° 2 , l9 80 FOR VALUE RECEI\r.ED, the undersigned, (jointly end x~•.•raily, ii ttwte th.n net) yrumixs to pay to VERNA C. SEVEDGE - - ur order, in the manner hereinafter specifieJ, the prwcipal usm of t lf• i ttN i NUUSAt~U FIVE HUNDRED TWENTY-FIVE and NO------- -••-------'1100 DOLLARS _ s 15 , 525.00) with intecttt (coat date at the rate of Ten per cent. per annum on the balance from time to time. remainins unpaid. The said principal and interest shat be payable in lawful money of the United States of Ametiu at or at such place zs may hc. •`ttcr be drsisnutd by written notice Irum the holder to the nuaer hereof, un the date and is the tnanaer following: Face amount of this note and mortgage due and pa able with interest thereon at the rate of-Ten percent (10%~ per annum, ~ - in One installment. Said installment is Due on July 3, 1980. f i f The right to prepay at any time without penalty is hereby reserved. I 'T'his note with interest is secured by a mortgage on real estate, o[ :ven date hen•with• made by the maker hereof in lavor of the s.~d ~ payee, and shall be ooastrued and enforced according to the laws of the State of Florida. 1'he terms of snot mortgage ate by this reference e made a pan hereof. t I[ default be made in the paytnwt of any of the auras or interest mentioned h: rein or in said mortgage, or in the performance of :,ny of the sgreetnents contained herein or in said ttwstgage, then the ent?re principal sum and accrued interest shall at the option of dt~ holder hereof become at once due and eoUettibk without notice, time being of the esxnce; and said principal sum and accrued inerm.R ~ :haU both bur interest from such time until paid at the highest rate allowable under the laws of the Starr of Fbrida. Failure to ettercisc this option shall not constitute a waiver of the t ht to atercise the name in the event cif an w i ?g y Watuent default. Each person liable hereon whether maker or endorser, hereby wsivu pruentmea~, protut, notice notice of protest and twtice of dis- € honor and agteu to pay all costs, including a rrasonabk attorney's fee, whether suit be brous;ht or not. ir, after trtatunty of this twee or tJefault z iicreunder, or undo said mortgage, counsel sbaU be empbyod to ooUect this smote or w protect the accurity of said mortKaYe. W»encvcr •:~c;3 »;r_iu '•?~u ':'~+k{•..••• "m.ktr" arc: "N:yc~" rt.atl to wnriru^d :n rte singul+t r,r plur.s a• the cvntertt „lay li[aku•s wtWreas ' ~r- tX~t ~ ...........»«.(Sk:AL) ~''~I~ HOMAS - ................-...(SEAL) BESSIE M. THOMAS (SEAL ) . 1 I _ea~K 3?3 44 ~