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HomeMy WebLinkAbout0979 ~ ~ ~o ~aue and to Mold the sane, folµ~?hrr with the fenemrnfs, Iteredifamrnts and appu?le nancrsjl~hPrrfo hPlon{/in{I, and fhP rPnls. ISSIIrs a/1lI NlOjifs thereof, unto Ihp mortgagee, in jer simple. ~ )rind the muNf/agcy coornanis wiih the mortgagee ihal the mortgagor is indefeasibly seizrcl of said jl land in fee simpb•; that the mortgagor has good right and lawful uufhority to convey said land as afore- said: that the morlryu{tor trill make such further assurances to perfect the fee simple tills to said land in the j' marlgaltee ns may masonably be required: that the mortgagor hereby fully war?nnls the title to said land anri will defend ehe same against the lawful claims of all persons whomsoever; and that said land is jrer and clear of all encumbrances I J tl !I I I~ • ' ~i ;1, f ~rouided ~ilways, that ij said mortgagor shall pay unto said mortgagee the certain promis- i) sort' note hereinnjfer subsfantinlly copied or identified, fo-wit: Mutt tYA4C NY7L' • 5,000.00 Ft. Pierce, , I L.r..:.. October 31, . t~~ 80 NUR VALUI+ RECBIVk,D. the uadenigned, (jvintlr and se~Tralh, J amore than vnc) prun•ixt to pay w KENNITN L. SMITH and LUCY J. SMITH w unlrr, iu the ntau•trt h~t~u•a(tr? apc~ili~.l, ' principal ,,,nt of Five Thousand and No/100----------------------------------------7100 ~ut.l.nlta ' • 5 ,000.00 )with iatenat frwn date at the rate of 10 t•rr teat. W? amwn. un the balance luau unu Ic? tune remainir•X unpai•t. I~t,c said principal and interest shall be parable in lawful owner of the I:witeJ Stater of Amrrira at nr al web piste as mwy ttr~trwltrt Lr drstr.•utr.) by vtrntrn tN•urr fr•.w the Auld~r tc. tht• maker hcr~.•f, uo ii« date and in the manner (ollowitu;: Face amount of this Note and Mortgage payable with interest thereon, from this date at the rate of ten percent (10~) per f annun, in 24 monthly installments of ~230.~3. First install- merit shall be due one month from the date hereon. - The Maker of this Note reserves the right to prepay at any time, without penalty. I This note with interest it secured br a tttort~taRo on real elute, of morn dau hcrrwith, made br tltt• nrakrr ttrrrof in favor of the sail ;payee, and shall be construed and enforced aet:otdina to the laws tsf the Ststy of Fbrida. 1'he terms of said mwtteage are hr this refr?orter _ ~natle a part hereof. i If default be made in the psrtrteat of any of the sums a intrreN mrntionrd ht~rrin w in aid murtgarr, w in the perlttrmanct• t•f .any of the aRreetttenu costained bercin or in utid mwycaRe. then thr entire principal lam and sccrurd intcrrst shall at the uptwn of ti•r 1~older ttereot become at ortte due and colketib4 vritltottt txttice, time lrritpc of tl•e narttrr; and said p?incil?al sent oral accrtrrd inerr~.~ ~ tl~all both bear ittileteN Irotn attch time until paid at the highest rate alluwabk Yr1tfK the laws of the Stat•• t.f fbrrJa. tarlure to exercrar ~ this optics shall not toragtutt a waiver of the rrsht to esrrcist: the saute is tAe Went of any wbscqurnt dt•fattlt. Eatb person liab4 he?eon whtnhe? nuker or endorser. hereby wsiv+es praenttnestt protpt, notice ttotite of protest ant) notice of dis- honor and agrees to Pat all costs, ittcludinR a rraartabk attorney a fee, whethrr wit he brought or na, ir, aftrr maturity .+f this note w default hcreundu~ or under aid ntortsate. catrtsel shall be employer) to collect this note or w test the s••ttt?itr said mortXaKe. ~ Whenever used herein the terms "hoWer"t "maker" and "payee" tall co in the sin plural at the contest t•uy rcyuire w admit. Maker's Address ..L ~ .E .~sr:At.~ ee~~ JO S B~KJ~ Pik ~ ..............................».»........(SE/1l.) : . ET E. JONES .........»....»»..............................................................»................~st:At.~ li - - _ -s---. - _ .