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HomeMy WebLinkAbout1049 1 ~ l . ~ i - s~ nA~re ~d `0 71Y~ the same, togetl?er with il?e lenemenlt, heredilamenfs and appurle IIaI1CPS thereto Delon{ling, and the rents. Issues and profits Ihereo(, unto the mortgagee, Ira fee simple. the mortgagor covenar?!s with the mortgagee that the mortgagor is indefeasibly seized of said land in fee simple;'. that the mortgagor has good right and lawful authority to convey said land w of o?e- said; tl?at the mortgagor will make tuck /urtlaer assurances to perfec! the fee simple title to said land in the mortgagee as may rensonably be required: that the mortgagor hereby (ally warranty the title to :aid land and will defend the same against the lawful claims of all persons whomsoever: and that said land is free and clear of all encumbrances , except taxes accruing subsequent to December 31, 1979. ~ . I - ~COUided ~lwnys, that iJ snid mortgagor shall pay unto said mortgagee the certain promts- sory note hereinafter substnntially copied or tdentifted, to-wit: ?ZOTE $27,000.00 Fort Pierce, Florida . July 22, 1980 For value received we, jointly and severally, as principal promise to pay without defalcation to the order of 41Y:~ELL V. Z7ILLIA24S, as Personal Representative of-the Estate .of Frank K. Jensen, Deceased; and WYNELL V. WILLIAMS, as Guardian of the person and property of Edna Louise Jensen, an incompetent, at Route 1 Box 1603 , Okeechobee Florida, the sumo TY- VE TIIOUSA:ID Ai~iD NO 0 DOLLARS, wit interest from date at the rate of-ten .percent (10%) per annum, in monthly installments, payable as follows, to-wit: THREE HUNDRED APJD NO/100 DOLLARS on the 22nd day of August, 1980; and THREE HUNDRED AND '10/100 DOLLARS on the 22nd day of each of the ten (10) succeeding months thereafter with a twelfth and final payment due one (1) year from the date hereof in .the amount of $-26~, 357.57. Each installment first shall be applied in payment of the interest . and then on the unpaid balance of.the principal sum. If default is made in the payment of any installment when due, then, at the option of the payee all the remaining installments shall become due and payable'at once. Privilege is given to .pay two or more installments at any time. Should it become necessary to collect this note through an attorney, either of us, whether maker, surety or indorser on this note hereby agrees. to pay all costs of collection, including a reasonable attorneys' fee. The makers, suret-ies and indorsers hereof severally waive present- ment, protest and notice of protest for non-payment of this note and agree that the time of its maturity may be extended before or after maturity and do further severally agree to any renewal thereof before or after maturity, without notice of them. s/ Andrew L. Beke (SEAL) An rew e e s/ Elaine C. Beke (gE~,) a ne e e I 8b(1K~ PACE~O~c) ;l