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HomeMy WebLinkAbout1013)0 1NWt ~ `0 AW~ the same, together with the tenementt<. heftditamenb and appurte- nances thereto belonging, and the rents, Issues anti pro/ifs fhereo/, unto the mo-fgngee, !n lee ample. the mortgagor covenants with the mortgagee that the mortgagor is tnde/easi6ly seized o/ said land to lee simple; that the mortgagor ~aa gtlod right and lawful authority to convey said land os ajor+e- aatd; that the mortgagor will mare such further ataluartcea to pert eN the lee simple title to said land in the mortgagee as may reasonably be required; that the mortgagor hen6y /ally warrants the title to said land and will defend the same against the lawful claims of all persona whomawver; and that said land L /ree and clear of all encum6ronces except those accruing subsequent to December 31, 1979. sory note hereinafter su6stnnttnlly ~rouided ~liuays, that it said mortgagor shall pay unto said mortgagee the certain promia- c»pied or identified, to-wit: i ~ $,.80-0-.-0~- Fort Pierce, Florida, December S , 19 80 For value received, I, we or either of us, promise to pay, without defalcation, to the order of IpC.----------------------------------------- at 2800 Ocean_ Drive, Rivterfs ~ Beach, Fla. - ----`in"~'tirl Pierta•-Plozids, the sumo DOLLARS with interest from date at the rate o! -18-go per annum, ininstalments as follows, ~ 318.15 on the 5th -day of January - , 19..B.L, and a like sum on the corresponding day of each like succeeding period thereafter until the whole be fully paid t3ar6 imtalment tint shall 6e applied is pasanat d tM Inteeeet sad flea oa tie mpaid halesee of tie priaelpal aaa. I[ detach la wade in the pivmeat of and Imtatseat ~bea ~ n at tie option of the holder. _and ~tt2wat an7 oiler notiee. all the rematalne IwMwlw.~wti ~L~II -_ J-~ __- _ _. _ _ aa7 defadt is aa7 parmeat hereoe. -.•»•..•. .'•••~•w-•• ••••• ""`w..~ of aoe ou.aer nereuc seer ILri a+aker, aaret~ sad eadonar hereof, toiadr sad aneeatls. ~aiaa deaaud. present'ent. protest ad sotiee st profaet Ioe aor payment. sad tartlet sasses to aalr a:tendeo of time of pgmeat, either before or after autmitT. aritboot sotlor m ~r of m- and fo w all ores of eolleetion, iaelodias a'reaaorulble attornes•'i tea i^ tba event of car defaWt beeeaader, sad ierebs enerallr vales all heuefit oI 6emeatead and elcemptioe oader the eomtitation sad hva of east State of the Iln14d States, ae apiaat Ilia aWiptioa or aa7 ertension or renewal hereof. Witnss the hand and seal of eae6 part. There shall be a privilege of prepayment of trio or nwre installments at any installment maturity date. However, in case of prepayment, there shall be assessed a prepayment penalty of Z~ of the rremaining indebtedness owed on said note if paid for to December 5, 1981.. !hereafter, there shall be assessed a l~prepayment penalty an the remaining indebtedness if said note is prepaid prior to its maturity date. /s/ Johnnie D. Perry 301E- D~.-~ERR7f -- - - /s/ Myrna M. Perry x°"344 P,~1013 (SEAL) (SEAL) r~ Iltl - lftlRl>x 11 14Fr