HomeMy WebLinkAbout1925 i, ~ ~
~o due and to ~ol~ ihs some. tageth.. with the lertetnents. h.rdttamenb and appurte-
nance, Ihtt=rsfo belo+tging. and the nnb, tuue, and projti, lhea+eoj, unto ilte mortgagee. in jN simple.
Z{IIY ell. ww.tgagor c~aenan4 uiltb tti. n?a.igoo« ttiat tti. mortgapa? t, lndejea,ibly seised of .aid
land to /ee simple: that the mortgagor has good right and lawful suthoritp to contrrh? said land a, a/on-
sotd: that the mortgagor u>'iU mane such further oa,urdrteee to ptxject eh. jN ample till. to ,aid land to the
mortgagee w may noswtably be rpuired: that the mortgagor hereby juUp utar+atts the title to said land'
and will defend th. sam. apain,t th. loutjul claim, of all persona whornsoeve?: and that ,aid land to jr+e
and clar o/ all enicumbroncw except that certain Purchase Money Mortgage
executed by Robert W. Hendrix and Bennie C. Hendrix, his wife in
favor of First Federal Savings and Loan Association of Fort Pierce,
dated April 12, 1977 and recorded in O.R. Book 266 at Page 1809
of the Public Records of St.Lucie County, Florida in the original
principal amount of $13,000.00.
~~s, flint ij said mortgagor ,hall pay unto :aid mortgagee the certain pt+om4-
sory note hetreinajter substantially copied or identified. to-u>it:
• is +r ar. r•7rAr. r *r+.Jf iwv.irN•> Mi.q>• ~•c'_d•d
W tVlor°Ua e Bl~olleooN
~ ~ 30, 000_.00 _ g 8 Fort._. Pierce it«ida June._ _ 19 80
W .
j fOR VALUE RECEIVED the undr?signe! promise: tc paY to Iht «der of
~j ROBERT W. HENDRIX and BENNIE C. HENDRIX, HIS FIIFE
i ~
Thirty Thousand and No/One-Hundredths
r~~ arineipal seen of - _ - - _ 'Dollars
i
j rogctF.er wtt11 interest thereon at the rate oltwelVe . ..pa cent per annum from .this.. date _
I ~-t•: rnaturdy, both principal ind inTeres) being payable in Lawful Money of ttr_ Unned States. such principal sum and interest payable :n ins~a(irc-nrs as follows: j
!119 e ual monthly payments of $330.33 with the first payment to commence on I
~vuly ~ ,1980 and a like sum on the corresponding day of each like succeeding 1
~~~~riod thereafter until June _,1990 on which date the entire remaining prin
c~aal balance will be due and payable in one BALLOON payment of $23,121.97
:.ins accrued interest.The makers of this note reserve the right to prepay in
.::art or in whcle at any time without penalty.The terms of this Note are fully
s:bject to the Rider to the mortgage securing this Note making this a Wrap
_-ound Balloon Mortgage Note.An~ prepayment shall first be applied to the Firs
tea a tr N~ e an (~er sails action the remaining balance shall •be paid to ~
` e Q~Q~~t1t~.
en!`~.,~al4.i~ t L!~ .~ld first to the interest sccrwn9 under the terms of this note and then to a reduction o1 tFte principal indebtedness.
The masers and endorsers of tills note fuAhe• agree to waive demand, notice of non-payment-and protest, snd in the event suit shall lx bought 1« the
„ ~F.=.or+ hereof, a the same has to br collected upon demand of an att«ney, to pay reasonable alt«ney's lees making such collection. AN paymerils here-
- ~ r shall bear irr•.eres• a! the rate of 12... percent per annum Iron maturity until paid. ibis note is secured by a mortgage of even date Herewith snd is to
~ ccnsrr,;ed and er•f«ced rcc«ding to the laws Of the State of fl«ida; ur4n default in the payment of principal snd!« interest when due, the whole sum of
_ -.-c cal and intrest rema:n:ng unpaid shall, at the option of the holders, t>PSOmt: immedytely due and payable. Failure to exercise this option shall not consMute
a vet o! the right to eae+use the same m the event of wbsequent default.
3900 Melisa Terrace /s/ ELOISE NOBLE I,HANEY (
•'-te a• _ ..(SEAL) ~
Ft Pierce, Fla. 33450 /sF~~eW~le Chaney
'SEAL) ~
Mary Watts ~
s - r^er ptacE as shat: be - . . . - __....-.tSEAIt
- _ tr.e hc'~e+ of ~~.is /s/ EDDIE SCOTT
- r~~n _ _ . (SEAL`
'
F Edd i_ e _~c~tt_-
- ~,R ~ , ~~i ` .
' $r;oK i
1
! ; ~ a
Y