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HomeMy WebLinkAbout2691 ~ • ,.tw ~ 1''~ f opether with the tenewtettb. h.ndifamata and appwte- naneas thar+ab balonginp, and fhe rwtb. istua and pt~ofets thereof. unto ehe etorfOopee. to i» settgsb. - the ttartpapor oara?tanla with the tstortpapae that the _ mortpapor is tndittd6[~, ,dead o/ said land to fN stmpb; that the ttsorlps~or ha good tight and lawful authostfp b oonvep laid Lind y efos+a- i sefd; that tlto tno?tpooor u?tll ntahe such f u~tlar aaui+a,~s to pat/«~ the l« ,laugh alb b sold la,d to tb. tnortpapae a: may ewuwnabh be rgttnd: that the nwrtpapo~ 6arsbt? lolly wau++utta the alb b sdd land and weU dajand the seine apatnst the lour/u[ clarets o/ all paaont end tJiat aetd Jand is /rw erwl char of aQ sncumb„ancw - ~~1 that if sold mortgagor shall par unto sold wsortpoQae the csrtatn pnotttts- son? noes ha.ettaft.r stt6ateatially oopisd or tdasstiffed, to-oral: - _ 125, 250.00 - Fort Pierce, Florida FOR VALUE RECEIVED, the uoderugaea, (joinelr :ad ~t.Yratty, it more than one) promises ~ Wy ~ anuary 28. 1980 LUCILLE P. STANLEY, 520 James Building, Chattanooga, Tennessee 37402 . , oe order, in manner ?ereiaaiter ipecif~ed, ehe principal sum of One hundred twenty_ five thalsand two hmdred-fifty and rio - /ice DOLI.A1ts (i 125,250.00) iaceras< from date st the rated 0 per cent per annum as the balance from tame to time temaini:is „apaid. The said principal and lateral shall be palrable in lardd money o[ the United States at America at . - a at such place as may hereafter be desi~aated br written notice [ram the holder to the maker hereof, on the datr and in the moaner folbwins: - Payments shall be made semiannually at the rate of $12,653.26, which includes principal and interest. Terl>i of this mortgage is seven years. No prepayment prior to January 1,- 1981. The-first semi-annual payment shall be made on January 15, 1981. © - This note with interest b setur~ b1r s mortgage an real estate, of even date herewith, malt by the maker hereo[ in favor of the said payee, and abaU be constrrsed and enforced acoordina w -the taro of the State of Florida. - If default be made io the payment of oar of the sums ar Interest mentioned herein or in raid mort~e, or in the perfaranance of ~ - any of tbs s~reemeats ooataioed herein or-ia said mort~e, then the entire principal sum and aouued interest shall at the option. of the holder hereof beeoate at once due and ooUatible without swnoe, time~gE the arenoe; :Ad said prsacipat sum and accrued snterest s>•aD both bear intesrst from su4b time until paid as the higbat rate nudes the laws of eha State of Florida. Failure to exercise thi= option shall swt oamtitute a naives of the right to exercise the same in the :veal of am subsegnaot default. Each person liab4 bereou wheeba~ maker or endorser, hereby naives presentment, protest, swtsoe, online of protest gad online of dis• honor and asrees to paq all cats, incbdins :easoaabie alto.-per's teeee,, whether Butt be bnousht ar swt, if, after matuprirtr of this note or default - hereandcr, a: Hader said mostaaae, counsel shall be empbred . to collect this note or to protect the aecwiq o[ said mortsase. _ Whenever used hernia the teens "bolder'; 'Smal~er" gad "payee° shalt be ooostroed in the siegular a plriral as the context smr require or admit. _ _ ~ , CA!'W D LOP T~A~2PORATION ' ~ - .y ~~Sg,~)- MULL S = .........(sEAt.) DAVID ; ~ ~'g"ras en _ y A'!`TEST : , r : c~.. _ :.(sEAL) I ' ltlu ins;"'Pices enf - . _ . -_-1___.._ ~