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HomeMy WebLinkAbout0614 ~ • t W the same, together v,ilh the tertsetneisb.~ rtersditatrwltt~ eita~d appurie- its Ih.reo1. unto the mortgagee, in jes siatpls. nances thereto belonging, aced the rents, iaue+s and pror the morfga(>or covenants with the mortgages chat the ntortgago? u indeJrastb[r seized of snid . ! land to J¢e simp~at tltat.•ihv mortgagor has good .tpht and bwjul authority to oatnelr solid laud ets a)ors-- snid: that fps mortgagor will e:ta~ee stte;h Jtulhsr assurartoes to psrJee~ th+ fee stmpls ails to sold land in Ilse utred, that•ths mortgagor hereb> fully worr,nnts the tille? io stcid land mortgagee as may reosottabiy be r+eq - ~ artcl u?ill defend the stone against the lawful claims of all Ps~o^+bse~tn Becemberd31,~1979w ae.d clear aj alI encumbrdnces , except taxes accruing q { ~ - - o said retartgageu th• certain Rr'omV- ~Vll~eli 75, that ij said • mortgagor shall Par ttrte • ~ sory note hereinafter substantially copied or idenfi(tad, to-wit: - ~ - - - . MORTGAGE NOTE RwMCO FORM.li1 ~ S, 950.00 PORT ST. LUCIE ~ ~Of1da - - 3anuary 15 • t9 80 FOA VALUE RECEIVED, the undersiaaed, (jointly and severally, if mare than one) promises to pay to- HOYZ C. • MURPHY, INC. , REALTORS , nr order, is the mauau hereinafter specified, the prineipsl sum of FIVE THCUSAI!{D NINE HUNDRED FIFTY AND -----•-----=----~---------NO 1100 DOLLARS a 5, 950.00 )with inter+st from- date at the rate o[ 12 per cent. per atuttten oa the balance (ran time to tisnc retaaitting unpaid. • - The said principal and lateral shall be payable is (awful agaey of the United States of America sit p, 'Q, $OX 998, Fort Pierce Florida 33450 or at such place as may hereafter be dtYiSreated by written notice from the bolder to the tacker htreo[, oa the date and is the masener folbwisig: - '~I - Payable in thirty six (36) equal monthly insta~:ltnents of one hundred ninety seven dollars and sixty four cents•(197.64) including principal and interest. First-- payment commencing February 15-, 1980 and monthly thereafter until said principal - and interest due thereon are fully paid. - The maker reserves the right of prepayment at any time without penalty. _ .This Hate with interest is secured bf a mortgage an real extate, of even date here~?..h, made try el?e maker bemaf in favor of the said aayee, cad shall tae construed and .enforced accordireS to the laws of the State of Flotrida. 3f ddault be made is the payment of coy of tbs st:ms or interest mentioned =.,erein or is said mor!gaSe, err in the performarte of cry of the agreeeneats coataiaed herein os' is said mortgage, tht~e the entire principal sum and accrued interest shag at the option of the Helder ht:reof 6ceome at once dot :ad colkcubk without ewdee, time be'wertgg of the essence; and acid principal_ sum and accrtecd interest shall both bear interest from such time unu't paid at the hiabat rate a elowabfe useder the laws o[ the State of Fbrida. Failure w exercise this option shall »trt constitute a waiver of the ngbt to t:erase the same is the event o[ any subsequent defanlL Each person liable person whether maker or endorsex, hereby r?aiva presentment, protest, rwtice notice of protest and noticed da- honor and aareet to pay alt-case, includittE a reasonable attorneys ire, whether sun be brouRbt or rwt, i~, after matuntr of this note or default }~creunder, or under said mortgage, counsel shalt bs einpbyed to collect this note or to protect the security of said m~rtaaae. Whenever usrd herein the terror "}wider", "maker° and "payee" shall be _ tryed is tht ~ u or plural is the conic:t roar require or admit. r.~, _ Masters Address U - ~ - O ...........~.~'_~~~.,....~(SEAL) 5(3? S. E. Marydale Terrace, Port St. Lucie, FL OR (SEAL) 33~sz anal - - --}SEAL; - ` t!