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HomeMy WebLinkAbout1500 . f i, ~o ~AVe And tv Mold the same, lapether with the tenements, tiereditnments ~ and appurfe- i nmtrna .thernfo he[antling• and the rants, issues anti profits fhereoj, unto the mortgagee, to jee simple. I I end the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized of said land in fee simple: that the mortgagor has good right and lawful authority to convey said land as afore- said: 1ha! the mortgagor toil! make such ju?ther assurances to perfect the fee simple title to said land in the mortgagee as may reasonably be required: that the mortgagor hereby fully warrants the title to said land and toil! defend the same against the lawful clnims of all persons whomsoever; and that said Innd is free j~ and clear of all encumbrances I~ li ~ ~ 'i i .I i i ~rouided ~ltw8ys, that ij said mortgagor shall pay unto said mortgagee the certain promis- ~j sory note hereinafter substantially copied or identified, to-wit: i I { z i i . - - ~ i s...Lb.,.7.92..~7.------...------..._-------------------=•----- Ft__;_ Pierce_, f~orias...............March_12........_._....... ».80... fOR VAUIE RECEIVFO tM utsdarsignad promises ro pay ro the order of - -.OSCA-R.. T-.••--MAIN•-and MILDRED L. MAIN his wife .l....0 . tha i- ixteen Thousand Seven Hundred Ninet Two & / p. ncrpal sum of.....~........_ - - odyr: ts.16., .79.2...6.1.._ toyather with interest rh.r.an from date, at the rsre of..-.........1'S • ~ ...................._.........per ant, w•-----........ annum............._........Anril mslurity, said iMeresl be~np parable..-$ee--.BelOW an t!se ...__dsy of .........._.....and......... _ each yesr; both principal and interest being payable in lawful massy of the United States or its equivalent, s1. 5.08....Pa1m. Ave . s Ft. Pierce, FL 33450 ---said principal sum to be payable on IM dates and in tIN amounts specified babes, to-wif: ' The principal sum of $16,792.61 shall be payable in monthly installments of $235.02 including interest at the rate ' of 15% per annum, commencing on the 12th day of April, 1980, and nn the same day of each thereafter for a term of 15 years with the list monthly irstallment in-the amount aE S239.95. There shall be a 5% late charge penalty for payments received after IO days have elapsed from the due date of payment. - Privilege is reserved to prepay this Note at any time without ~ penalty. - Each maker end ~ndorsar saveraffy waivers demand, protest and notice of matttriry, non-payment or protest and all requiramants necesssry b hold each of i them Gable as makers and endorsers- a Each maker end endo?sar fwther agrees, ioinHy end sereraMy, ro pay all costs d co11ec1ion, including a nssonabla aManay's fat in case tiw principal of this note or any payment on rM principal or any interest thereon is not paid s1 the respective maturity thereof, or in c~sa d becanes Mcessary b protW the security hereof. whelhar suit be brougN or not. This note and daMrrsd interest paymept s shall bast intaresR at the role of.........15 • 0....per cant, per annum kom mslurify until paid. This note is seared by a .3.elrOIIQ...mortgage eleven date herewith and is to be construed and en/Diced stcording to the laws d the Slap of Honda; upon default in the psyment of principal andror Merest des on any note secured by said AAorfg ,ell es so end remaining - shah forthwith become due end peyabM rtotvriihstarrding this !anat. ~ (SeaD . . ii ` obert•-'Hebert - tsen . s• B~(J~ / PAGE 14 -