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HomeMy WebLinkAbout2040 • - 1 ~ ~ r• the same, together with the tenements, hereditamarrtt a++< appurte ~o ~iaue and to fold ~ uances thereto belonging. and IhP rents, issues and projila the?eoj, unto the mortgages, in jee simple. I the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized aj said i; land in fee simple; t?tnt the mortgagor has good right and lawful authority to convey said land w ajore- said: that the mortgagor a=ill mane such further assurances to perjec! the fee simple title to said land in the mortgagee as may reasonably he required; that the mortgagor hereby fully warrants the titlE+ to said Innd anti will defend the same. against the lawful claims of all persons whomsoever; and that snid land to free ~ and clear of all encumbrances „ • s• ~ j ' ~ ~ . i ,i ?j 1 i ~rou~ded ~tways, f?rat ij said mortgagor shall pay unto said mortgagee the ctitrfaGt promis- l~ sory note hereinafter substantially copied or identified, to-wit_ i - $_3,700,00 Fort Pierce, Florida February 15 19 80 I~OIt VAi.UI: RI:C'F.IVF.h, thc~ undet:~iy~ned, .ioinlly and xeverally, prr~mixe to puy to the ALFRED L,_TEST and GWENDOLYN K TEST his wife r' ~ order of - t -s--- t i . -932 Wa~tner Place at For Pierce . Florida ~~450 the principal sum of THREE THOUSAND SEVEN HUNDRED DOLLARS, with interest at the rate of __~Il_~. per cent per annum from ,-date________ until paid, in installments as follows: ?4onthly installments as follows: Four monthly payments of $200.00 each on klatch 15 1980, April 1980 , May 15 1980 and June ~I3--., 1980 . $100.00 on July 15 1980 and $100 each month thereafter on the correspon ing ay until the whole be fully paid, Each installment first shall be applied in payment of the interest and then on the unpaid balance of the principal sum. Prepayment in whole or in part, without penalty, is reserved by maker. If an~• imtallment be not promptly paid within ten days next after the same be- comes due, then, at the option of the holder hereof, the full amount remaining due upon this note shalt thereupon become due and payable at once. together with all other indebt- r?tness stipulated in this note and in the mortgage given to secure the same. The makers and endorsers of this note further agree to waive notice of non-payment, protest and demand for payment, and in case suit shall be brought for the collection hereof or the same small be -collected upon demand of an attorney, to pay all expenses +?f such collection, inclttclint,• a re:?sonab[e attorney's lee thereon. 7~ ,t.~t,sl1> (SEAL) Mare ,et Culver ~ ~__O (SEAL) ef'`. ~ , 0~ ~ S ~ ! C j ~ (SEAL) BOOK~~.1 PAGEl~i1k~~ enne u vet ~ /Qli!AT.I j _ - _ _