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HomeMy WebLinkAbout0264 j~~ t, f r ~0 ~ ~0 11Y~~ the same. fog/`I~e?f with the lene/itenfs. he?edifomenls and appurle- llarr/'P! Iherefo belorufirt{I, a:trl the rents, tsstres and projtls Ihereoj. unto the mortgagee, in jk simple. the morel/a{lor r•arrenenls rrrilh the morl~agee Ihq! Iht rrtorlQagnr ie fnarj~alibly feiied of said lanrl in lee simftlr•, fllal Ihs mortgagor has good right and lautjul atrlho?tfy !o convey said land as ajon- satd; Thal the marl/lagor aril! males such (urlher assurances to perjecl the jee simple Nile to said land In the mortgagee os maY reasonably be required: Thal the mortgagor htrreby jolly warrnnls the title fo sold land and twill drrjrrtrl the same against fh• lawful claims of all persons uehomsoetrer: and that said land is free and clerar of nil- ent•rrmbrances EXCEPT taxes for the year 1980 and subsequent years. i ~~titi~idid TllWl~Sr that ij said mortgagor shall pay unto said mortgagee the certain promis- sory note hereinnjler suhsfanlially copied or identified. to-wit: s 21 ~ 00~ ~ 00 sTUART, Ftweda, October 30 19 80 FOR VALUE RECEIVED, the urtdersgned, !-otntly and several! PROAIISE TO PAV to the order o/ JOHNSON & JOHNSON BiI i LDERS , I I~C . TWENTY-ONE THOUSAND and 00 100------------------------------------ DOLLARS, 1000 Griffith Avenue, Port St. Lucie, F ore a o.wchotherplscesstMhotder hereof msy designate in wrrterp, together with rrtterest from dste st the rate of 13 _ Q per centum per annum on the unpaid bslareee until msturity. The seed prerxrpsl and interest shall be dw end payable in eRUa l ly monthly installments of $ 477.8 2 each beginning December 1, 1980 and continuing each and every month thereafter until said principal and interest are paid in full. r F i Ir delault be made for 3 ~ days m the payment of any mstattrnent of pnnupal or interest nr any part thereof, the who!! Sum then remarmnq ~ unpaid with interest shah al holder •s oplron became due and payable without notece. Fadu.e to exercise such oDUOn shall not tonst~ts~to a waver o/the right to eatrbse the same m the event of subseptrtnl de/aull_ Aster maturely both prinupal and ataued rnttreSl shat) bear mterlSt at~rZ.,ptr tlnWm per annwn antis paid. the makers and endorsers o/ this not! further waive demand, notice o1 nonpayment and protest. U thn note rS not paid al maturity and the same rs plated wdh an attorney for cotlechon, the makers and endorsers hereol agree Iu pay ail Lusts o1 cottechon, rntlud•ng alt court costs and .easonable attorney lees. /s/ Bruce D. Wallace /a\ A ISEALI v /s/ Barbara A. Wallace IsEAI_I ISEALI f i 34~ P~ ~4 ~ _