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HomeMy WebLinkAbout0893 r ~o ~~AUf and to Mold flre same. tu~telher roil!, the trrtemenfs. ltiredilunt~nts and appuH.• nanc-es Iherc•fu lu•tunyin~t. arul the reefs, isstees and profits IlrereoJ. u+?fo the mortgagee, in fee simple. + I ' end ! to nu,rtryaryur c-areruutfs toilh the morlgagee lltal the mortgagor is inclefeusihly seized of said land in ~ee simple: that the morl4tagor !less good right and latuJul aul[wrily to eonrey said lane! as afore- .aid; that the ntorlgagur will ?naRe such further assurances to perfect the fee simple title to said (and in the m.xlitugee as may reasunnh[y l,c• reyuirecl; Ihaf the mortgagor hereby Itdly u~arranls the lit[a~ to said [arid Heel will defend the carne against the lawful claims of al[ persons whomsoever; and that snid Land is free ~ and rtear of alt enrumt?ranc-es except taxes accruing subsequent to December 31 , 1979. <<- ii~ I I - ~rou~ded ~tways, that it said mortgagor shall pay unto said mortgagee the certain promis- i sore note hereinafter substantially copied or identified, to-wfl: ~ MORTGAGC NOTE 1 ,000.00 Ft. Pierce ,Florid.. March / / , 19 80 FOR VALUE RECEIVED, the undersigned, (joiaUy and severally, if more than one) promise: to pay to AGNES CALLINAN , or order, in the manner hereinafter specified, t4r principal •uto o[ ONE THOUSAND .and NO-------------------------------------------~it'•0 DOLLAKS iS 1 ,000.00 )with lateral [rose date at the rate of 12 per cent. per annum oa the balance (ro~a time to time remaining unpaid. The said principal and interest shstU be p:yabk in bwful ttwttey of the United Sates of America at or at such place as may hen•after be drsignated by written notice from the holder to the maker hereof. un the date aad in the tnat?net folbwing: t Face amount of this note and mortgage payable with interest thereon, from this date at the rate of twelve per cont (12~) per annum in 12 monthly installments - of X88.85. The first installment shall be due one month from the date hereof. The maker reserves the rigtrt to prepay, at any,-time without penalty. • r i This note with intetrst is secured by a mortgage on real estate, of even date herewith, made by the maker hercot in favor of the uid ~ sha~~ootutrued and enforced accordrnnf, to the 4ws o[ the Start of Fbrida. The terms of said ttwrtgage are by this reference P~ I[ de[ault ba made in the payment of any o[ the sums or jrittrut meatior,ed herein or in acid mortgage, or in tha ~.crformsnce of any o[ the reemenu tonlsiaed herein or in said mortgage, thtn the entire principal aum and accrued intetYSt shall a tb~ option o[ the holder hereof become at ottce due and colkctibk wtthout rayice, qme being o[ the essence; and said principal sum aacl accrued intetr•• shall both bear interest from such time until paid at the highMst-lice aUowabk under the laws o[ the State o! Florida. Failure to exercise this option shall cwt coouitute a waives o[ the rtsht to etcercue the same in the tvetst o[ any wbsequeot default. Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice troller of protest and notice o[ dis• honor and a6rees to paX all cores, ittduding a rcasonsbk attoraey't fee, whether wit be brought or slot, i/, after trtatunty of this note or default hcratttukr, or ttttdss card tnortgaae, oouosel shall ba empkayad to oolkct this testa or to protect the security o[ said mortgage. Whenever wed herein the tertrta "holder", "maker" and "payee" shall be coastrttrd is the sin;ulat~ plural u the wntext u?ay = require os admit. Maker's Addreu ..~.~,r~-~-« 1. .(SEAL) c~ . -f,R 327 PAGE 892 EQCtK ...`L.J..» ..{SEAL) IDELLA FORGES (SEAL) ~ - _