HomeMy WebLinkAbout2576~o ~ue ~nd fo ~iotd 1~~e same, lo~pther wilti the feneme~~ft. ~erec~ilumenls and appu-le
nanc~s fherelo ~~e~onginp, an~ fhe renfs, issues an~I pro~~ls fhereo~. anto Ihe mortgagse, tn ~ee iimple.
~ f{:e murl~a~or ('AI~FlIQ/IIS ~ult1~ Il~e mortgagc~e t{~of Ihe mortgagor ia lnc~e~eo,t6ly aelzec~ o~ 141d
I~n~I in ~PP simp~e; Il~af f~u+ morlgagor ~us gobd -ig~! and ~awju~ auf{~o-ily fo convey saId ~and as o~ore-
sai~; IIIQ~ I~P morlfla~ur u~i~~ ma~e sucf~ ~urther assu~ances lo per~pc! Itie jee almple title !o iaid bnd tn fhe
mo-t~n~ee as mny reasona6ly 6e required: Ihaf the morlgngor here6y )ully wa~-nnls the title lo aaid land
and ~oill dP~encl Ii~e same ngainst !he lawf ul claims oJ all ~rsons w/~omsoever; and fhat aaid lund la f ree
an~ c~r~~r u~ a~~ encumtimnces
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'~ ~rouided ~lways, iha! i~ said mortgagor atia~~ pay unto snid morfgagee t~e cerfain pro~nb-
~ sory note l~ereinn~ter su6sfantia~~y copied or identi~ied, !o-wit:
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:,-~' ~Dr ~21~ie ~ZPrftltpa ihs undersiyned joiMly and.severally promises to pay to the ord~r ~?_i*.
`-~ of .__.____Jerry_.L~_.Kiny._and__L,Estelle_King_~..his__wife ~'•;
~,i ~~ P ~ o__Eleven__Thousand_ Seven_ Hundred_ and_ _n~l~s..ll_~ 700.00_. µ~. !~
rinci I sum F. r -:
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::, together with interest thereon from date at 1he rate of._._.__...12~. ~er cent. r annum until mat ' ~•"~
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i., sa~d ~nterest bein9 paYable monthly on the-----..._2na.....---•---._..__day o1 ~ach and every month both pnrwpsl I,r~t
a~ c+r
"~~ and interest being payable in law(u! money of fhe United Sfatas af_.Rt.._8__Box__300,__Ft.__Pierce~_.FL._ :,~~
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I ~-~ : or af such other ptace as the holder hereof may designate in writin9. Pr~tipal and inferesi payable in install- ;-~~
' i~ One Nundred Fort Ei ht and 43 100*********** jr~~
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, ments of-------------------- -_.._----------Y._.....g___._...............1--------------: =-_..._.....__._. Dollars, (s~~~.~.g3.----) ;-i.
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~ i:~ each on the---2TU~----day o( each and every monlh, be9innin9 on the 2~1d-----..day o~..NlarCh_~.----_--• :r•s
t ;,~ 19.._81, and con~inuing un~il said principal and interest have been paid. Each instatiment paym~nt sha~l be ~~x
~ ~~; aedted first on the in~eres~ then due, and th~ remainder on principal; and irdersst shsll thK~upon c~as~ upon ~~
._,, , the prinapal so ued~ted. ,r•f
~.~~ The makers herin reserve the right to prepay the entire principal ,~~
€~~~. and interest at any time, in whole or in part, without penalty. r~
~`.~~ This note is subject to a balloon payment that shall become due ~~
~" , and payable three ( 3) years from the date hereof in the amount ,,,;
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! . of $10,494,33. jf:.
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r Each maker and tndorse- severally wai~es demand, prdest and no~ice ol n-~turi~r, ~wn-psrm~nl o~ proltst and all r~- k~:~
j- Qu~r~erwnts necesssry to hold each o( them hable ~s makers and endors~rs. jr:.
k' ~ Esch maker and endorser ~urther a rees, ant) and ssv~rall , lo sll costs d colledion, includi ~
~ r , 9 i r r ~r n9 ,-.aso~abl. an«- ;. •~
y;:~ r»r s(~e in csse the principal o( this no~e or any psrm~M on the principal.or anr inter~st tl+~rwn is no~ paid at th~ r~sp~ctiv~ jr::
'r maturiiy fher~of, a in case it becomes nec~ssary to prol~cl Ih~ s~turify h~r~o(, wl~ict wil bf bro~gM or no1. ~`''~
y: ~'~ This nde end de(err~d inter~:1 psrments shal) bear interest st the ~at~ ot i~ p~r c~nt. p~r annum (ran naturiry ~sr ;
k ~r . un~~! paid. '~r
~ ;-'J This note is secured by a(irst mortysye o1 ~v~n ds~e M-ewith and is Io b~ conslrwd ~nd en(ac~d acco-diny to th~ bw: y;;.-'
~ jr~ ol Ih~ State ol Florida, upon deFauh in tht psrmeeN o! printipsl andlor int~rest when due, th~ whol~ sum ot princip~l and '~;~
~ rr! int~r~st r~m~ininy unpaid zhsll, ~1 tM optiw~ o( Ih~ holder, b~come imm~d~.~~ly dw.~d p,r,W~ ~ j
s: ~, ~~K 347 257p ~. ~ ~'~`~
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