HomeMy WebLinkAbout0546 io Piave and to ~lotd the some, foyrtlrer with fhN tenements, he?erlilamenls and apwule-
.I nances thereto belonging, and the rents, issues and projih thereof, unto the mortgages, in fee simple.
~nd the mortgagor covenants with the mortgagee that the mortgagor is indejea:i6ly seized of said
j) land in fee simple: that rtes mortgagor has good right ar?d lawful authority to convey acid laud as of
ore-
j said: that the mortgagor will make such further assurances to perfect the fee simple title to said Land in the
moAgagee as may reasonably he required: that the mortgagor hereby fully warrants the title to Bald land
Ij anci untl defend the same against the lawful claims of all peno?u whomsoevor: and-that said Innd is free
and clear of all enrrrmbronces, except taxes for the year 1980.
1~ IT IS ACKNOWLEDGED bet~~een the parties that there is a prior first mortgage
1i on tee property herein described ir. fa~~or of First First Federal Savings and
1 Loan Association of Fort Pierce, which mortgage the mortgagee agrees to remain
li liable and responsible for its payment. In the event of any default thereof,
' the mortgagor shall have the right to make such payments as required in the first
mortgage and apply the full amount of such payments to the payments as required
herein.
it
i'
~COUided ~tways, that if said mortgagor shall pay unto said mortgagee the certain promts-
<< sory note hereinafter substantially copied or identified, to-unit:
/K.rYO•r rr.w (A+•rM hrNb is rr.tw~,r r.twr...n-rNp.tr h~cMNQ-i.~ !r-2~SNiNN hr•• a ~e~MLd
J~b'~'Y~•4~'{•.`X,~rr tL XXr'~'~irYkw~~~•~~~'~kr•,k.-~~'.Y~?.•,~ LYkr-~,1''~` •i~l''*Z~~.tii'~*t~''* ~ ~~l as~~i2,i~'~'~~ia~•G~
•_...1{..t.r~' ~'s~a~~. _`1"r-._-1•,r-_-•r•,t-:---1•.•r-..~-t•.•r-•• J,-~L.• -J:.L--_l~:J. ~~'~,~1.,-'~L.--. L.--..1.'sL~-j`1
` -'~..'\j~• \~•..`V,, ntr~~~.•*tti, \.L•Zua..~1. ?`I ~~~i.~~`J..!n.. t1.-"~~~ ~1- ~ ~ •tt~.1~.•L\~.1~.~•~~.~I ~aC7?~.~t1-~\~ Y'2,.1
-~,r*
. ? ~
J`r
f,.
- ; S ~b..4QQ.4Q ....I or.>r . Pilti~at Florida,....~tay._..1.2t-.h,....--------....,19..SQ_. Jf.
`L i
~1~
i':•-x
~ar ~altif ~`PCPi11PD the undersigned jointly and-severally promises to pay to the order ,J*.
1 l~ranci_s J Cooke and Dale C. 1J1~itE: _ _ %~+t
the principal sum o1...7:h~JCt3f.. $
i ~.'~t~ous;ind,_ and __Ng(_1 UO L)ollars•(s..36 j000.00.....-- ! ~
together with interest thereon from date at Ifie rate of._Twelva..f~?.~).......per cent. per artftnm until maturity, rx
t•_r
said interest being payable monthly on the-..--..-.l.;rt ....................day of each and every month both principal
' ttt~
' and interest being payable in lawful money of the United States at_~3a..f:_~._-~.__Pt~a~[an_.LanC._______________ X31.
kr~~
. -....PDxX..&C..__1.wC~~-------------•--•------------------------------ ----------•--------------------•---------------Florida. -'I t;
j or at such other place as the holder hereof may designate in writing. Principal and interest payable in install- k•'I,
• j
~ menu o(-.T.t~r_e~-.~i~~~r~:~..~1i.!~L_ty.._Si.~:__anst__:I:yLll~~__-::- - _ Dollars, (s~9~A~`l_---•----) k~i
f -
¢ each on the..___ls_C....day of each and every montfi, beginning on the 1st-_.-_--_.day of- June- - `r,r
19._ 8Q, and continuing until said principal and interest have been paid. Eacfi installment payment shad be k~j
- credited first on the interest then due; and the•remainder on principal; and interest shall thereupon tease upon
` the prinapal so credited. s
• ,..P~
r:~x
• Privilege is reserved by the makers to prepay any or all o!• tl?e t~j~ -
principal balance of indebtedness without penalty.
;y~
art
tK
• i..tt
•
° 1F~
• jf
e k' Y~
i,tr
ZR~
Each maker and endorser severally waives demand. protest and notict of maturity, rwn-payment a protest end ell ra- k
quiremsnts necessary to hold each of them liable ss makers and endorsers. s'.t'
Each maker and endorser further agrees, jointly and severally, to pay ell costs of collection, including a reasonsble actor-
- ney's fee in case the principal of this note or any payment on flee principal-or any interest thereon is not paid of the respective j,(i:
~ maturity thereoF, or in case it becomes necessary b protect the security hereof, whether wit b• brought or not.
. This note and deferred interest payments shall bear interest at the ?ate of 12% per cant. per annum from maturity it.?~
' until paid. Y+'J
This note is secured by a lust mortgage of even date herewith and is to be construed and enforced according to the laws ~•tt'
cf the State of Florida; upon default in the payment cf principal andlor interest when due, the whole sum of principal and ~'r
interest remaining unpaid shall, at the option of the holder, become rmmedia?ely dos and payable - .'`t
Kr`~
't -------8(~~~ P3Gf--- L---- ISeal) s/ Robert- A.-_ Co-y_ne.---....---•---........_..._.: Seall •'t
.1 .,tt
Robert A. Coyne kr'~
• ----•----------------------------(Seal) s/ .Hazel--&...Coyne_.......------------•--.......... (Seal) rtt
Na-rc' 1 B. Coyne ~ - =rJ~
r:•~t
r, ~
• ~ •.1? - •*~~-'?i~".~r'~.i`'?~r•- kw' rr- ..','i'~l'.Ykr' ~.'!l'.YYr'~Y. .+Otr' l~.l,r` ~'r.~1~~'~~'~~r ~ TZ' ~~'I`'
,~;,t_ - r, r~- t~.~• t-,:.. r:.:,~~ •~:--'i:-•~;,;.~''~-~ t~.'t ,~:->.t+-: ~,t sf,,t..-
k { Ll ! ? J... A,~ J. -_,i'L•t' 1 1i i. ~f. ,'L•t ~~•tf.•r ~•1.k~.1k•.~f. ~ 1.• 't~.~' • y~.•R~ ~1.