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HomeMy WebLinkAbout2783 a t ~o due end to ~iotd the same, together with the tenemertl~ .~^tdff~ments t~rtd ~ppurfe- ( rtances thereto 6elo?tging, and the rents, issues and profits thereof, unto the mortgages. in fee simple. iil~~ the mortgagor cozrnanls wilh the mortgagee fhl}t rhV otMlt~fgor is ir,defewibly seized of said land in fee simple: that the mortgagor has good right and lawf u~l authority to convey said Iand as afors- ~ said: that the mortgagor will mnlte suck further assurances to perfect the fee simple title to said land to the ~ mortgagee as may reasonably be ?equtred: that the mortgagor hereby fully warrants the title to said land and will defend the same ngat?ut the lawful claims of all persons whomsoaver: and that said land is free t artd clear aj all encumbrances except taxes accruing subsequent to December 31, 1979.._ € II i S I i i ~ ~ ~COU~ded always, that if said mortgagor shall pay unto said mortgagee the certain promts- ' sory note hereinafter substantially copied or identified. to-wit: MORTOAOE NOTE .7,600.00 Ft. Pierce . Flond+ January .1960 FOR VALUE RECEIY.ED, the undersiKaed, (jointly and severally, iI more thin one) promise: w pay w JAMS C. TOLER and CHARLENE L. PAUL or order. in the tnanaer hereinafter specifiod, the principal swn of Seventy-S i X ~ hundred and No----------- ---------~1~ tS 7,()00.00 )with interest Iron date at tbs me of nine per cent. pee saawn on the balance fro.n time to time remaiuitt; enpaid. . The said principal and interest shall be payable io Lwful money of the United States of America at of at such place as may hereafter be drsiYnated by written notice (rum the holder to the maker hereof. ua the date and io the manner folbwins: i I ! Face Amount of this note and mortgage payable with interest I thereon from this date, at the rate of Nine per cent (9X) ~ per annum, in 120 monthly installments of 596.28. The first payment shall be due one month from the date hereon. The maker of this note reserves the right to prepay, in part or whole, at any time without penalty. t Ibis note with interest u secured b~? a mortgage on reel estate. of even date herewith, made by the maker hereof in favor of the said payee, and shaA be construed and enforced accordins W fire 4ws of the State of Florida. The toms of said atortgsge are by ibis reference ~ made a part beroof. It default be made in the paytttent of say o[ the sums a interest mentioned herein or in said mortgage, or in the ;.erformance of any of the a~raments ootitained bereis or in said mwtgase. that the entire principal wm sad aurued iatetzst :ball at the option of the holder beseol beootne at once due awd ooUecubk without notice. time being of the essence; sad uid pritxipal wm and accrred intesra shall both bear interest tram such time until paid at !ba highest rate sliowabk under the tarn of the State of Florida. Failure a exercise this option ahaD rat Constitute a waiver of the rssbt to exercise the same in the event of say wbsequeat dctault. Each person Iiabls hereon whether msker or endorser. hereby wsives presentment. protest. notice notice of protest and notice of dis• horror sad apses to pair aq coats, isteludin5 a ressonabk attos~'s fee. whether wit be brought a not, ir, after rrsrttunty of thu sots or default hereuudes, or under said matSase, oouascl shall ba employed a Collar this note a tv proles the security of said mortgage. Whenever wed herein the terror "bolder", "maker" and "t»l~" be eogstrufd in sing os pl as tM context way require a sdmit. ~ I Tvtsker's wddress vI~~L'TllD1.E' ».tsEAL) arc C~ P~2~2 .(SEAL, (SEAL l ».(SEAL) I II