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HomeMy WebLinkAbout1415 h I ~0 ~t ~ W the snme, together wtlh eke tenements, heredltamenes and apputee- ' notices Ihenfo belangtng, and the rents. Issues and projlfs thereof. unto the mortgagee, in j« almpb. ehe mortgagor eownanb with the mortgag« lhae the mortgagor is trtdejanbly a.tzd of said land in ample: rhos the mortgagor has good Tighe and lawful authority to convey sold Land as ajon- satd; that the mortgagor wtU males such /urther assuror?eea to perjr~ct the j« sirnpla title to laid land to ehe mortgagee as may rasanably be nqutnd; chat ehe mortgagor hereby /ally wan+ants the Htb to sold land and wtU defend the some against the lawful clolms o/ all urhomsoevsr: and thot sold laird it jrw and clear o/ all encumbnanca except that certa nPurchase Money Mortgage executed by the mortgagee herein to First Federal Savings & Loan Association of Ft.Pierce dated August 16,1978 and recorded in O.R. Book 292,Page 2265 of the Public Records of St. Lucie County..Florida in the original principal amount of $17,000.00. V~ ~~5, that ij sold mortgagor shall pay unto sold mortgag« the certain protnts- I spry note hereinafter substantially copied or tdentijitrd, to-wtt: u.:.. • ; ae. tirs~ wlr ft+~ew httsN? to aterssr•+tsrsiar.tetnw tcsuMQ KfespKfti. /'ORM 7r,. . ~~Iortgage Note , s 13,.50.0..00 Fort Pierf: ~r}~a May 14 T9 80 FOR VAIUE RECEIVED IM unders+9nsj pom~sns to pay to the u±er of SHIRLEY J. KARAS - ~ t.e principal of Thirteen ..Thousand Five Hundred and no/one-hundredths-- Dollars togethN with interest thereon of the rate of 12.5- per cent per annem from th1S, date - _ 'r ' ~-t~t maturd ,bosh pnnc~ and interest bein7 payable n L ful Mcn y of tts~ tJndsd States, h p.rncipal sum at+d +n?aest Table in wstallments as foUo«s 84 equa~ mont~y payments of 5~41.~4 with the ~irst payment ~o commence on ' June 19th ,1980 and a like sum on the corresponding day of each like succeeding; period~Fiereafter until the entire principal balance is paid in full. The maker hereof reserves the right of prepayment in whole or in part at any time without penalty. ~ Such installmem paymeMS shall be applied lust to the interest accru+ny under the terms oI this note and then to a reduction d the prircipsl indebtedness { The makers and endorsers of th+s note fwther agree to wave demand. rot+ce of non-payment and protest, and in the event su.t shall bs brought for the :o,i~ ct+o^ berets(, or the sa.~ne has to be collected upon demand of an attorney, to pay reasonable attorney's fees for makrny such collection. All payments here- ~ ,.^_er sha•1 bea. interest at the rate of 12 ..5.percent per annum from rratunty until paid. This note is secured by a mortgage of ¢atei~h at~i~fsul~ tx co~nls rued and eafor~ ^dd acc°°(( g aalbVs laws d the State of Flonda. u~.on deiauit .n the payment of pi~nupal and;w interest~w w leas@um o~ .4'r~~a~~t?$1d>~+e`~t rO+Mr~riny'U~a+~Salti,$at the option of the holders, oesome immed+a!ely tine and payable. Failure to e><ercrse this option shalt not constant! i i a waiver o! the riyM to exercise the same ie tM went of wbseq;xnt defaulr. f ~~4~~a 1 ^ry,~elea, 4G8 Kingfisher,Plantation L Is~Ae, ~,Z q ~ Manor,Ft.Pierce, Fla. 33450 Rober Ah u _.sEAu ~ , ~ - Z r ~ such other place ss shall be ~,;/~r~ l SEAL} j i ces,g^ated by the holder of this _~~'~1ne D.Ahlq 1ST cte in wrdin9 ~ _ ~SEAI; i I i E r P 8~`~331 ~a~F 1415 ~ - . _ _ _ . _ __.x...