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HomeMy WebLinkAbout3003 l Iii • } - . ~ 1 I w ~o ~aue and to Mold the same, together with the tenements, hereditamenls and appurte- nances thereto belonging, and the rents, issues and profits thereof, unto the mortgagee, in jee simple. the mortgagor covenants with the mortgagee that the mortgagor is indejewibly seized o/ said Innd in lee simple: that the mortgagor has good right and law/ul authority to convey said land m aforo- said; that the mortgagor will make such /urther assuroncea to per(kct t(te /ee simple title to sntd land in the mortgagee as may reasonably be required; that the mortgagor hereby /ally warrants the tills to said land and urtll de/end the same against the lawful claims of all persons whomsoever: and that said land is Jree and char of all encumbrances except taxe8 levied 5nt to December 31, 1979; and subject to the lien of that certain mortgage fram Aog~er Baird & Polly A. Baird, his wife, to First Federal Savings ~ Loan Association of Ft. Pierce, dated 4/27/73 and recorded in Official Record Book 213, page 1820 of the public records of St. Lucie Oounty, Florida, securing a note in the original principal sum of $27,000.00; and further subject to restrictions, reservations, easements and conditions of record, if any. i I ~rouided ~tways, that iJ said mortgagor shall pay unto said mortgagee the certain promi:- sory note hereinafter substantially copied or identi/ied, to-wit: i _ ~ - p t s 15, 000.00..... Ft. Pierce ortda . 6 ...................19 8 FOR VALUE RECEIVED the undersigned promises to pay to the order of THr~tMAN NEVIL IN GRAM--.--and. MIOZELLa. Y. INGIZAM his. wits • ~ . . i tt:e p.rncipal sum of. FIF..I'F~Rii..T~Ai~ti~ip..~[}-.--....... ----jam/~0 .Dollars !S 1S, OQ.Q.DO tr.ge•her with interest thereon /rom date, at the rate of -.'--twelve---- _.....»...........pN cMt. Per ....a~lUm... _.untd rnatur,ty. said ,ntrrest as set forth below bc,ngnayable./ .11I~QtOtC rl~~ .-t ep both principal and interest being payable in lawful moru•y of ttir United States or its equiaraient, at 17611 BeaC~l Rd. ~ Cheaterville, Pa 23832 - _.said principal sum to be payable on the dates and in the amounts stxuhed below, to-wit: The said principal sum of $15,000.00 together with interest thereon on the unpaid balance remaining from time to time, shall be payable in the following manner: The sum of $ 215.21 per month, the first such payment to be made on the 6th day of June A.D. 19 80 and ^ succeeding payments in like amount on the 6th day, of each and every month thereafter until fully paid. Each payment, when made, shall be applied first to the payment of interest and the remainder thereof to the payment of principal. This note may be prepaid, in whole or i.n part, at any time, without penalty. [ - i Each maker and endorser sevcr~lly wairca demand, protest and nut:,• ul malmifV. npn-t •ya•errt a t•,..tr-sl .rnd all requirements necessary to hold each OI E ttrerr L.aGI.~ as makers and endorsers Each rr4rkp oral endorser (urth~r .,gru•3 ju,ndy and sevrr.,tly, tr, ,'r ,,,-;s rtl ...11. r: r..., irr• lurlir.c a •.r,+son.•h!o attorney's lee in case the principal of th,s note or any p.:ymrnt orr the prmc,;.ra) .any mtMCSI thnric..r •s r...t ..t r:,r r+•sp.cnv. n.drrriy t4.nr1, Or case d becomes necessary to protect the seeunty tiered, whMher swt be braght u, .art _ This note an.! deterred interest p.•-yrr{r,: shall bear interest at th. r.c:r _14__ pn. cent, ~ .•,num hem m,.turity r:nUl paid. ' ihs note is ~ecurrd by a SecOi)l~ _morlgage of r•vro d.atr h• .••..,th an~+ is to be cr.nav:wd an•t ,y,l.~rcrvl accard+ng to the laws rat the State of Florida: upon ck•Lrult in the payment d prrnc+p„1 andtor rnferest due on any note sccur~J by said Mwtg, ye, ail nWes so secured and remaining unpaid shall lorthwdh become dui and payable riofwithslanding (heir tenor r ~ f.~~~..........!.'.~~ ~ . ~ N. MantllOn . ~'GC . (Seat? ! f,. a I 5 ~ q~ ~I t i' • Gr;r;K•~JU ~OGE~2;: i 1