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HomeMy WebLinkAbout0250~o ~aue and to ~iotd f~ie same, toyether u~it~~ !tie fenemenls, ~erec~ilamenla an~ appurfe nancPS Iherelo ~e~or~ginfl, anc~ t~te renfs, issues and pro~its lhereo~, unto fhe mortgagee, In fee aimp~e. ~~ the mo~tgago~ covennnls witl~ lhe mo-tgagee lF~at t1~e mortgagor is lndefeaaibly seized oj snid ' land in jee simple: that tl~e morlea9~ ~Q+ 8~ ~eht and Inwjul authortty to conuey anid land as a(ore- snid; Ihat fhe morfgagor wij~ ma~e such ~urftier aasumnces fo pe~ect fke fee simple ftlle to aaid Iand in fhe mortgagee as mny remonn6ly 6e required: ~ha! !he mortgago~ he~e6y Jully warrants the t[fle to snid ln~d nnd will de/end tF~e same agairut t/~e Inw/ul claims o/ all pe-sona u~l-omsoever und 11-at aaid land is )ree o~d ~leo. o/ a!t encumhmnces except those accruing subsequent to December 31, iyiy. . ~V~~ ays~ fhat i~ snid mortgagor aF~all pny unfo s~id rteortgagee the cerlain promis- sory note I~ereina~ler subsfantia~~y copied or identi~ied. to-wit: $~-*-Q~-~ -- Fort Pierce, Florida, - -___~~S~L 2~ 19 8~ _ For value received~ I, we or either of us, promise to pay, without defalcation, to the order of ~~$~. F. F'OSTER and CARiOL M. FOSTER hia wife--------------- at .•t----------- in Fort Pierce, Florida, the sum of FIVF THAi1SANn aad no/100 DOLLARS with interest from date at the rate of _-~?-qo per annum, in mOtithl~ _ instalments as follows, $-111~23-__. on the 2flth _ day of __-Apti1__-_ -_-__---_-_- , 19_$1_, and a like sum on the corresponding daq of each like succeeding period thereafter until the whole be fully paid Bee6 instalmmt tird shatl 6e applied in p~nent ot the inteee~t and then on tlx unpeid 6~Lnee of tbe prineipal wm_ It defanlt b made in tbe o+vrnent ot an~ imdslmrnt when doe. tbrn At the oDtlon of the 6older. and .rithoot sn~ ~ notice, dl tbe rema(niru~ instalmenU shwll be due and Penbk at once. Pri~ilq[e is s~en to ORS two or moe~e instslmenb at an~ inNnlment mataritY date. 6ut tDis ahall not extmd the time ot mnturit~ of ~n> FuMequent instslment. Ntit6er forbeat~nce, noz aceeptanee b~ the bul~er Aereo( a{~~ an~ defiult in an7 D+7~at 6ereoo. sh.Si 6e d~ned e=tenrion. Leh mwlcer. wret7 and endor~er 6enof. jointi~ aod r_~erd17. waiva demwnd. Draentn~ent, Protesf •nd notite ot D++oteit tar o0o- ~t• ~ f~~+er rR~eea W nn1 extenyion ot time of p~yment, either 6efmr or af4! matnrit7. ~rithoat notiee tp an7 ~f us: and ~ w~ a11 eost~ ot oolketion. includinR a re~aonable attornei s fa in the eient of an7 default 6ereunder. and 6ereb~ seraa117 waivea all 6enefit d Aamesfead and e~emption unAer the comtitution ^nd Iww~ ot eae6 Shte ~f th~ v~~ted St~t~, d~~ this oMiRation or ae~ eYtension or renewal hereof. 5tiitne~a~ the hard and aeal of ineh oart7. ~~~ 35~ P~sE ~49 F_,nX ::I: - .°F:,`':.-: 3• E~=t~n.f r ~ ~ ~I rs i _ ..,,.r . .~._ _. . _ - . -. -.. . This note shall be prepayable in whole or in part at any tiine ~ ori rh n„ r~,e., s t*.,