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HomeMy WebLinkAbout0626 - w I - - fr; - - . , tti i ><WIY~ ~ t~ IW~ the same, togef~er wifti the tenements. heroditnments and nppwfe- rrarrces thereto belonging, and the rents. issues and profits Ihereoj. unto the mortgages, to fee simple. the mortgagor eouenanb with the mortgagee that the mortgagor 4 i?ulsjeasibly seized of said land to /ee simple: drat the mortgagor has good right and bwjul authority to oonwy said land w ajon- said: oral the mortgagor will mnlrs such jurthsr assonances to ptrjsct the jss simple title to said load to tlrt mortgagee as may reasonably bt required; that the mortgagor hereby /ally wan+ants the title to said land and will defend the same agatrut the Iawjul claims of all persons whonuwver; and that said land is jrot and clear of all encumbrances V1ttC{it ~1WnyS, that ij said mortgagor shall pay unto said mortgagee tht certain promL- sory Holt heretrwjter substantblly copied or idaitiji.d, to-wu: _ 3,00.00 Fort Pie,~ce, Florida June 16 ig~0 FOR VALUE RECEIVED the undersigned, jointly and severally, promise to pay to the order of _MAI~1iALL H. PONTIU~~nd JOYCE PONTIUS, his wife .at - - the principal sum of THREE THOUSAND- FjVE HUNDRED AND NO 100DOLLARS, with interest at the rate of -12__ per cent pe annum from date until paid, in installments as follows Sixty (60) equal monthly p nts f SEVENTY-SEVEN AND 87/100 DOLLARS ($77.87), commenci on the 16th day of July, 1980, and a like sum on the Corr pondin ay of each like succeedinE period thereafter until the ale a fully paid. Each install] ment shall first be applied n yment of the interest and then - on the unpaid balance of the p incipal sum. PREPAYMENT IN WHOLE 0 IN P TAT ANY TIME, WITHOUT PENALTY, IS RESERVED BY MAKER. i If any installmen a not rompt paid within 15 days next after the acme be- ~ comes due, then, at he o tion the holder hereof, the full amount remaining due upon this note shall the eupon ecom .due and payable at once, together with all other indebt- s edness stipulated i ate a din the mortgage given to secure the same. The makers and endorsers of thi8 note further agree to waive notice of non-payment, protest and demand for payment. and in case suit shall be brought for the collection hereof or the same shall be collected upon demand of an attorney, to pay all expenses of such collection, including a reasonable attorney's fee thereon. ~S~ .l on on a i o (SEAL) / `/l~ y Margo R Dona io ~ (SEAL) Y - (SEAL) } 3 ~~'OK ~ PAGE ~5 - (SEAL)