HomeMy WebLinkAbout0351 ~o ~iaue and to fold the same, ttxiedter kith the tenements. hereditanents and appa?fe
nances •therrta belonging, scut the rents. issues and profits thereof, unto the mortgagee, in fee simple.
I' Ind the murfgador rot•enanfs with the mortgagee that the mortgagor is inc7ejeasifily seized of said
land in fee simple; tlaaf,the mortgagor has good right and lawful authority to convey said land as afore-
. snit{: chef the mortgagor will metre such further assurmues to perfect the fee simple title fo said land in the
mortgagee as may reasonably be required; that the mortgagor hereby fully u?arrants the title to said land '
anti will defend the same against the lawful claims of nll persons whomsoever; and that said land is free
~ and clear of all encumbrances except Mortgage held by Citizens Federal I
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II Savings and Loan Association of St. Lucie County, recorded in O.R.
Book 220, page 2894, of the public records of St. Lucie County,
Florida, having a current balance of approxil~lately $69,700.00.
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~rouided ~tways, that i f said mortgagor shall pay unto snid mortgagee the certain promis-
sort' note hereinafter substantially ropietl or itlenlified. to-wit: i
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a130e255.S8 Fort Pierce, Florida, April 9e ~q 80
rV~u ~:e iv d$ I we pr ~u't r _o~= s, promise to pay, without defalcation, to the order of
LEECH, h ~ r •a.~1Q ?.Tl'Y at p.0. Bpx 235. Rflysto~l, ~ 30622 i~t
=O~motl~lc~ta~ the sum of*~$ H1III~DRED TBIRT'Y TfiOD3A~D~
~HL1!!'D~RED FIP"1'60llARS
with interest from date at the rate of 10 96 per annnum, in ~>R11yUa1 installments as follows,
;15 , 000.00 on ttie 9th day of - ,x=11 , 1 q 81 and a like sum
~ on the corresponding day of each like succeeding period thereafter until the whole be fully paid.
Each insta{lment first shall be applied in payrnn?t of the interest and then on the unpaid balance of the principal sum. If dafauk is
made in the payment of sr?y installment when due, then at fl?e option of the holder, and without any other notice, all the -remai?ir,p
installmenri shall be dve and payable at once. Privilege is given to pay two or more irtstallments at any installrr?et?t matwity date, but
th:s shall rat extend the time of maturity pf ar?y subsequent ir?stallmem. Neither forbearance, r?or acceptance by the ho:dsr hereof after
any defauM in any payment hereon, shall be deemed extension ~ ?
t:ath maker, surety and endorser hereof, ioiMly and severally waives demand, presentment protest and notice of protest for rtor?-
payment, and further sprees to ar?y extension of time of payment; either before or after maturity, without notice to any of vs; and
to pay all costs of tpllaction, including a reasonable attorr?at/s fee in the event of arty defauh hereunder, and hereby severally waives all
benefit of lamsstead and exemption under the constitution "and laws of each State of the United States, as apairat this obligation or any
exteroion or renewal hereof.
Witness the hand and seal of each party.
P?HYTHIIIXi TO TAE CONTRARY BTATED 11?BOVS 80'11+1IT$STAgDI>alt3, ?828 1I10TE "
SHALL BB FULLY PAID OiT APRIL 9, 1991.
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• PATRICU ~1. JOH>~i8011 (SEAS)
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