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HomeMy WebLinkAbout2823 • S. _ ~ W the same. "together with the fenett+e?sts} ,/tendttwrfgrtfa acrd apptute- nances thereto l~elotigtng. and fhe"?ents. issues and pro/its lhereo~, unto the mortgagee, in~ fee simple. ~ , the mortgogor eouerants with the mortgagee that the mortgagor tndjeasi6ly seized of said land in /ee simple: that the moHgagor ha good .tght and lawful aufhorigr to convey said land a ajore- said; that .the mortgagor will make such /rather assttranees to perfect the fee simple -title to said land in the mortgagee as may reasonably 6e required: that the mortgagor hereby jolly tyarrants the title to said lard and will, defend the same against the lawful clainy of , gll persons lv1~t~? r~rtd~ that said land is jtw and clear of all encumbrances gopE~t3,flg t8~oes a~ t3ll~g~l]ell~~ t~ "DeOelflb@t 31, 1979. , ~s, that ij said mortgagor shall pay unto said mortgagee the certnin promis- sory note heretnajter su6stanttally rnpied or identified, to-wit: Mo.~p•p ww•, rte. (rrta•e~et bwW M ayrYr rra•r••i•1•tr••t t•d•Mrl ~ . - • Mortga~e Note s 14...4-82-. 94 ort....Pierce Fforida......_»A.Aril....?~.~.....................i9.~.~- ' FOR VALUE RECEIVED tM utwtersign•d proat:as Io pay to 1M order of ARLEEN COATS,, surviving-..widow.,•of--•-J,,•,_--~.ZjR~.~~.--~QATS•t•,..Dedeased.,~,_•and.-.JAMES.--TURNER COATS , ~ ~~~R. , ---FOURTEEN THOUSAND.--FOUR-.-HUNDRED-.EIGhTY TWO AND 94 10U----- the prmcitsel sran ol... _..................-.............Dollars / i 9-3 4 date hereof topelMr with rnleresl thereon al IM rate d ...............L....._...Par cent pet annwn (tom-............................ unrJ matwiry, both principal and intend b«ng payable in Lawful MonaY of tM United Stu•s, sudt principal earn and interest payable in inusllmertfs as lolbws: i ~ The sum of $2,896.513, plus interest on the 22nd of April, 1981; and a like ~ sum, plus interest,~on the 22nd day of April of each consecutive year there- after until paid in full. t ~ I ~ i . is • I' i' r Such installment payments shell ba spplied firs to tM interest accruing under tM terms of this note and then to a reduction d tM principal indebtedness. TM mskers and endorsers of this note fwther agree to waive demand, nolrce of non-payment and protest, and in IM went wit sMll be brought lo? IM cofkchon h•reol, a tM sanw Ms to b• collected upon demand d sn attorney, to psY reasonable attorney i (MS (a making such collection. All payments b•r•- under shall beer inter•ft at tM rate of.--./......percent per annum from rratwiry until paid. This note is secured by a mortgage of even date h•r•rvith end is ro tx conurued and enforced xcording to rM bws of tM Sta• of Florida; upon d•(auh in tM Payer of Principal andlor interest when dw, 1M whole stxn d ~ pr,nc~pal and interest remaining unpaid shall, a1 tM option of tM holders, o•aortt• immediately dw and payable. Failure to exercise this option shall not constitute a waiver of tM right ro •:•rciM tM soma in tM went d subspwnl d•fauh. r and time after December 31, 1980 Rtght of pnpaYrt+a?t in whoN or In Part granted without penalty ftt. ........»....»............».....»......».....»..».}~3iL}~C......»...» - ......7~Y........ . 1 I~ t oayaw..r --/s/ . Gerald S ..---James •--.....-......--•--...........ISEAti ..............................................................................................:........................1SE All f - or such other plxe as shall b•c~ .....................................................................................................................ISEAII designated by tM holder of this B(}OKJ~ PAGE~~1, f l I note rn writing. SEAL II - ~ ~