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HomeMy WebLinkAbout1680 i ~ Ii~V~ fNNi t0 ~VNS the same, together wtlfi the. tegtr+ten~s~ hecrdttuntents and appurtp : nances thereto belonging, and the rents, issues and profits ther+soj•' onto Ihf a+oe~NgN. in jee simple. the mortgagor covenants with the mortgogee that the tnortgapor is indefeasibly seised of avid land in fee simple: That the mortgagor has good right and lawful authority to eonwy said land w afore- ~ snid: that the mortgagor will melee such (rather assumttees !o perjeM the j.. strnple tttb ro said land to the mortgagee as may reasonably be ?equirsd: that the mortgagor hereby juUy urctrrartb the title to said land and will delend the same against the lawful claims of aU pe?sons whomswver: and that said Land is free and clear of all encumb?ances EXCEPT subject t0 and assumption Of that Mortgage from Marshall A.Thornton and Mary M.Thornton,his wife in ~ favor of First Federal Savings and Loan Association of Fort Pierce, dated May 9,1978,recorded in O.R.Book 286 at Page 2667 of the ~ Public Records of St.Lucie County,Florida in the original principal sum of $28,000.00. f r ~V~ ~UwnyS, that i( said mortgagor shat[ pay unto said mortgagee the certain promis- _ sory note heeinn(ter substantially copied or identified, to-wit: i~i 1~ w-.., tr. l~tsd ?.,.w + n.rw t...wr.•w.aair.~__. iEYtltptt. RowN.ari-'~"'T ~Z~A ~ 1~ortgapc Notc - S 14 r 500.00- - "Fort Pierce_ , tla.iea September 26 ,19 80 fOR VALUE RECfIVEO Nre wsdersiynai prorartas to pay ro ilia «der d MARSHALL A. THORNTON.antl MAEY.M. THORN.TON,HIS WIFE.. ~f ~i,M„d Fourteen Thousand Five Hundred and No/one-hundredths--- ~^e pnnu Ddlars toyelt,er wdh irueresl thereon at the rate d ten .p., iem p., an„w„ hom this date ~•,r~i matunry, botA pnncipal and infertst beirvr payabls in lawlut Money d the Urwted Antes, such p?incipal swn and :nrerast payable :n ins~alir.;;nrs e: loUows: j Eighty-four(84)equal monthly payments of $139.93 ~+tith the first payment to comzs.ence on October 26,1980 and a like sum on the corresponding day of each like succeeding period thereafter until October 26,1987 on which date the e:.tire remainiti rinci al balance s a ecome ue an a a e in one LOON I ~ayment.The maker reserves the right of prepayment in whole or in part at any time without penalty. 1 + SuM installnrerw payn»nts ahan a appbed fret to Ilse Mterest acusarq under ilia Iertei d Ihia noN and Ihen to a reductiow d ilia principal indebtedness. The makers and endonen d Mis naa hsrthar a4ree to wawa deraend, nWsu d non-parnmM and petast. and in tM .wnt wit t~hafa b b?oeplM Iw the col~echon hared. « the same has b ba eapaeted upon daaartd d an art«ney, N paY rNSOnabb atternaY's bas !or waking each eoMeetian. AN palrtsterMs here- ' ~~-e•r shall bas. interest at rho raN d . te1;1....peraM per anrwrm konr trslurrh suMil paid. this Bose is waned btr • saoelfa0e d oven daN hwewiNt artd is to De construed and ed«cad acc«dirp to the 4ws d ilia AaN d Florida; apow defauN in llta payts+etM d principal andlor ideratt wlsen dw Ilse vrhala taw d w,~c•oa1 and inte.est renuuwtp unpaid shah, at rho opian d the holders, oecoata iaraediaNly dw and penable. faihRa N aaercise this eptiew shah aol Conelihsq j a «a~ver d tM ngM to euercita the same M tM avant d subsequent delautl. ORANGE AVENUE AUTO SALES, INC. ~rra~e at`s+.. 3' X39 -576-3., S..w~.. ~R~1K.oF.~r:Lti~~c a Florida ..Corporation........_ ..........................._IsEwu ~ l/J D /?Nt~ Av~j ~T•PrE+ect~~ FL - ~ Do~caa!itr/ 3'.::-.-s in t'~± ::r.:,~~at _ _ _ - !sE~u w.h orhe. place a: ,nau b. t+i Sol~~_hs~s hec¦ stfixsd U BY ~ - _ .....ISEAII d~n,g~red by tM holder d dns James E. Hatf field, President „ v.rd.ng tr! twaftasgo wWcY is seewttY IK I~ArI - - -tbis_sota-- ...............................ICO~R~OR~'Y'L...-SEAL) a i 8t;~pc ~ e~ PAGE I, -