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HomeMy WebLinkAbout0129i ~o ~ue and to ~lotd 1~~e same, fogelhe~ wttti Ihe lenements.~ heredilaments anc~ appurfe- nances fhe-eto be~onging, an~ f{~e rents, issues and pro~ils ttiereo~, unfo Ihe morfgages, tn ~ee simp~e. ~~ t1~e mortgagor covenanls with !he mo-fgagee Ihat Ihe mortgagor ts tnde(eaii6ly aeizptl o~ said land i~ jee stmple: lhat the ma-tgago~ has good right and lawf ul nulhority lo convsy aaid land m a~ore- said: Il~af 1he mortqapor «~ill make such /urfher assu-ances fo per~ect fhe (ee simple tille to :atd lnnd t~ Ihe mo~fgaflee as may reasonn6ly 6e required: th4t ~he mo-tgagor here6y ~ully warrants ihe litle to said land and u~~lt dpjend tl~e same against the law/uI claims o~ all pc~rsons wl~omsoever; and that sa~d b~d ts free and ~l~a~ o/ all encum6rances except ad valorem real property taxes for the year 1981 and subsequent years. . ~V~~ ways, f~~al i~ said mortgagor shall pay unfo said mortgagee ttie ce~tain promis- sory nolP ~~ereinnJl~r suhstanlially copiec~ or i~enfiJiec~, to-wit: ~ ~ PROMISSORY NOTE $98,500.00 February 19, 1981 Fort Pierce, Florida For value received, we, jointly and severally, promise to pay, without defalcation, to the order of FLORIDA BANh AT FORT PIERCE, 501 Orange Avenue, Post Office Box 3469, Fort Pierce, Florida 33454, on the 19th day of June, 1981, the sum of Ninety-eight Thousand Five Hundred Dollars ($98,500.00), together with interest from the date here- of at the rate of eighteen percent (18~) per annum. Principal and all accrued interest shall accrue interest at the rate of eighteen percent (18$) per annum, after maturity. Each maker, surety, and endorser hereof, jointly and severally, waives demand, presentment, protest and notice of protest for non- payment and further agrees to any extension of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, including a reasonable attorneys' fee, in the event of any default thereunder, and hereby severally waives all banefit of homestead and exemption under the constitution and laws of each State of the United States, as against this obligation or any extension or renewal hereof. Witness the hand and seal of each party. . /s/ C. J. DEAKINS, JR. C. J. DEAKINS, JR. /s/ R2CHARD K. CARROLL RICHARD K. CARROLL ~ ~ BO'~JK 349 ~AUE ~ : ~ ~ ~ ~ ~ ~~ ~~~:~~_ _ _ . .. _ _ _ _ _ ~ ~ ~