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HomeMy WebLinkAbout0077 i i+ ~o due and to ~iotd 1hP same. tugPlher with the IenemenM. her~adifamenla and appu?le- nan~PS 1hPrnto 6Plmltting, and the rents, issues and profits thereof, unto the ntorfgagee, in fee simple. end t?IP mortgagor covPnanla with the mortgagee that the mortgagor a indejea,i6ly seized of aaid land in jPe simple; that the mortgagor has good right and lawful authority to convey aaid land as ajore- ~ said: that the mortgagor will make such further asauronces to perfect the fee atmple title to aaid land in the rnortgagPP as moy rnasona6ly be required; that the mortgagor hereby jolly warrants the title to said land a?ul will defend the same against the lawful claims of all persona whomsoever: and that aaid land is free and clear of all encum6r+ances EXCEPT mortgage given to Citizens Federal Savings & Loan Association of St. Lucie County, as recorded in O.R. Book 310, beginning on Page 1893, of the Public Records of St. Lucie County, Florida, and real property taxes subsequent to + December 31, 1979. • r 1 ~routded ~~S, that ij said mortgagor shall pay unto avid mortgages the certain promta- i sort' note hereinafter substantially copied or identified, to-wit: r=oHM tot PROMISSORY NOTE 5 3,000.00 ~ Stuart, Florida August 14, I`)80 [~OR 1JA1_l'1•. KI (•l•.!\rl•U, thr uml~ niynrct ~+,intly :uc.t .r:.•r:+ll)' ptumi.r 1~1 to pay t<? the urd~t of ggmTy ,iFTtT~i 4VFBBER . 1784 S.> Lafayette Street at Stuart, Florida 33494 or at such placr as thr hul+lrrt.l of thi. nc~tc tr!.+} .Ir.i•n.+Ic in ntin~. th; pnnrihal cunt of -----THREE THOUSAND AND NO/100------------------------------------ DOLLARS together With intrrrtit tilrrr+,n Krum August 15, 1980 at thr rats of 10 per annum ot: the - unpaidnalanccuntilp:uct. YAYA[3LE AS FOLLOWS: In equal monthly installments•of SE3.75, which includes interest, with the first installment due on the i`_.tti day of September, 1980, and•continuing on the same day of each month thereaf°-. I! •.~ntil February 15, 1983, on which said .date, the entire unpaid principal bal ~ and any and all accrued interest becomes due and payable. Each such i*tonthly payment shall be applied first to the payment of interest on the unpaid bala:~ E then to the payment of principal. The privilege of making payments in advan~• of the due dates tfY ttibut penalty is retained by the maker. If dcfauft he m:IJr lip, n+rnt bl any in.tallnl+~l?t un~lr•r this µote, and if such drfault i. nut maJr Kuod Within 15 +la}, after due date thr entirr principal stun and accrued interest ,hall at once hrulu+r Flu; :uul [•:+~-:,hl~ ~~Ithuut m/t+ ~ at the option of-the holder(s) of this not.. 1=ailur~ to exerciu this option sl?all n..t .+,n.litutr a ~tai~rr ++t thr n~llt to exercise the Satnc at a latrr time fur the .:Ime default or for any suhxyurnt +l:la~at. In thr r~rnt of +I+•t.n+lt. in the payment of this npte, and if the s:one is placed in the handti of an :+tturur:. .+t L+w li?r rull«tic,n. the tulacr~ignrd hereby agree(s) to pay all cost. of collec- - (lOn Inl'IUtlln); 1 r~aSUn:It~IC :ItI+UII;~ I~r~~~1111+1~1it. t?tuli~l .~flt) gtlttl't :Ifl' hrfehy W:t1Ved. ' • ,O ~ ~ ~ t1AROLD W. BRAUNE (SFAL? ' __ISEALI --ISI:ALI i~ 1 1~ is t . ~j alt ~~~K337 P~~E 77 ~