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HomeMy WebLinkAbout0291 • f t- ...w.._ ~ . _ 1 ;.Mr • f 1 1l ' I ';p ~e ~ t0 the :ame. together with the tenemir<ts. ttat`ait~l applute- nancea Ihersfo belonging. and the rents, issues and , roftfa th.r.af. unt.a ilia /nwrtgog«. bt fee simple' • the mortgagor cownanu wtih the mortgagee that the mortgagor to Indefeasibly seized of said land in fee simple: ,that- the,. Irtortgagor tins good -fight told lawf uI authority to COnIlIy said land as of ont- i :nid: that the mortgagor u,tU made such further ossulanees to perfect the fee simple title ro sold tool in the mortgagee as may roasonobly be requires:; that tha mortgagor hereby /ally uraur+nnb the title to said land and w:ll defend the same against the iafuf u! s~airts of all persons whomsoever: and that said land is f nee and clear of ail encumbwrtcss- e~:cept tastes accruing subsequent to December 31,1979. ~ ~IUu~yss that if raid mortgagor shall par unto sold mo?lgogee the swtain pr+omis- sory note hereinafter substantially copied or tdentif led, to-wlt: l - - - • - ~Moftgage.=-Note • s 20, 000.00 _ Fort Pierce • January / ~ >9 80 FpR YAUJE RECEIVED >1ss unders+Dns! gorses >e pey to t1» order of . ~ _ ~ • ' WILLARDEN.SNOWDEN - princ,pal s,,,n ~ •__.Twenty- -Thousand and No/One-hundredths - - - - - ~,~+M, to9ett:e. with interest th.r.on et the of eleven ter ce..t per agnwn from -this date ,.,e~i matunty, borh pnncipel end interest being payable sn lawful Money of s~r_ Urt~N1 Mates such pr.nupal s~~+ and .nterest payable .n :ns•a~lments as f~4o..s X119 equal month-ly payments of $200.00 with-the first payment to connnence on February 10,1980 and a like sum on the-corresponding day of each like~succeed- ~ izy period thereafter until January 10,1990 on which date the entire remaining principal balance shalt e'b`come . use and payable ~in one paymen j The maker hereof reserves the right of-prepayment in whole or in part at any - time without penalty. i Such installment payswMS shell be applied first to the interest accrwny under the terms d tf?is note and then to a reductron of the prsnupsl mCebedness ~i+e makers and endawrs of this note IurtMr lyres to ware demand. rsW~ce of rwn-payment and.potast. and in tM s~eM wit shall bs brou3ht Mr the ce.lecr,en hereof, or tf+s sends has to bs cdlected upon denwtd of an ettornirY. W [say reasonable altorndr s fees for ietakiry such cdlect.on. All payments fi~er~- u~der shalt bear ~ntaelt as the rats of 11. peruM pM annum hom traturay uMd Pi:d. this note ~s secured by a mortysye of even date herewith and is to be construed arJ enlwcrJ Kcordsny 1o the bws of rM Stele of iloreda. upon ielsuh five 1M ymeM of p~nupaF aPdipr intxest when dos, the whole loin of I pr~nepal and mtereu renuun:ny unpaid shell. M the optgn of fhs holders. txsans rmme e y due and payable Fa,lw so excise this option shalt not constaurs a wtwtr of Nte r:gM_ so eraeruse tM ss'as in tM event of subseQuent default. / 1 ~ayablest 6SO4 ~~._BouleVard l ~~i~i~ //~Gi Wa'~./ - SEAL • ~ 'Herman B1'a a ioen - Fort P-ierce,Fla.. 33450 ..-.-~sEAc ' W wch other place as shall bs . j ,..~:3nx,•e µe h,t.~.r ~ rh•s rlarga~rl~t adergroen ! !SERI. no7e m wrA.ny. i..._ - - - - - - - ~ - i - - i ~ .