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HomeMy WebLinkAbout1539 t 1 ii s ~o ~iaue and to Mold the same. foyelher with the lenemenb, heredifamenfs and appurte- f ttartces Iherelu bPlarl}llllp, and the rents, issues and pro/ifs thereof, unto the mortgages, to fee simple. ~I the mortgagor covennnts with the mortgagee that fhs mortgagor as indefeasibly seized of said land to Jee simple: shat the mortgagor has good right and lawful authority to convey said land as afo?e- said; that the mortgagor will mobs such further asstuance: to perfrct the fee simple title to sold land in the mortgagee as may rewonably bs required; that the mortgagor hereby fully war?ants the title to said land anti will defend the same against the lawjul claims of all persons whomsoever; and that :aid land is froe ~ and clear o/ all encumbrances f i ii ~O~I~ded ~llUayS, that tf said mortgagor shall pay unto said mortgagee the cereatn promts- I sort' note hereinafter substantially copied or identified. to-wit: ~JJ 1 tom, tl. 7n~[ed A,MM ~ MMrI~ M~+~•irwr I~ddeQ • SiEMINOL[ FORM p i _ Mortgagt Nott 3,000.00 Ft, Pierce...........fbrida.. ...April 30 - ~9 80 FOR VALUE RECEIVED tM tw+dersi9ned promise: to pay to tM order d .RONALD. B._. WILLIAIYIS,.._JR. m. principal wm d...Three...Lhousand:... 3' OD0..00. -r.-----.-.-.-.-.-..--.-----------------------.-----.-. together with irMe.est thereon at tM rate d....~,3-.~l...........per cent per snnum 6om_...the...abaVe...~~.t~ . until maturity, both principal and interest hairy payable in Lawful Moray d the United States, such pincipal sum and interest payable in installments as follows: On the first day of June, 1980, and, until paid in full, on the first day of each of the succeeding thirty-five (35) months the sum of $101.81; interest being at the rate of 13.5X per annum, and such sums of money so paid shall be credited first to the interest on this note and the balance to the principal. ! i I i Such installearM peyttserMS shall be applied first to tM irderesl acauiry under ffa teress d this noN and then to a reduction d sire principal indebtedness. 5 ~ TM rankers and endorsors d this note further a~w to waive demalfd, notes dnon-parwent and protest, and in IM event wit shall be brought for tM collection hared, or the same has to ba collected upon demand d sn anorray, tp pay reasonable aMOrney's fees for makiry such collection. All payments -here- under stall beer interest at tM rate d..13.-. percent per anm~m fran nvturity until paid. This ewN is secured by a rrsortpaye d even date herewith and is to be construed and tsnforpd sceordiry to the laws d tM State d Florida: upon defauN in fire payment d princpal arsdtor interest when dw, the whole sum d princrpsl and irMerast nrasatiry unpaid shell, al tM option d the MWers, wsona inrwediatelY des and payable. Failure to a:excise this option shell riot constitute ~ a waiver d the right to u[ercisa tM sane in tM event d wbsegwM defeats. ^ ~ _ L ~ Payable al......S~li~...~D.l'.!~+Sid...~a.~C~ ~.:......'.`..~"............................................_...ISEAI) JACK L. WEBB ~Yustee for Jack L. Webb i ......Et.....Piercf~.,...~lszri~da.....33.45.0 .;,::........................................................'....dens-ivn-..'~u~st.............~sEA~) ~ i « such other place as shall b• . (SEAL) 1 desiyrWed by Ile holder d this 3 ~ r,ole in writiay. ........................_._......._............................................,,...................................ISEAI) ' ~ s - ~ . 1 4 i i Y 1 ~ ~{R ls~x330 Pw~f15~3(l .