HomeMy WebLinkAbout0950 1~~~ sarne, fogefher wifh fhe fenemtnfp. Ite~ecltlam~rit; a~c~ appurte-
i' ~o ~ue and to ~lold
~I nancPS t{~prelo h~~on{~ing, anr~ the renta, iseues and proJifs ihereoj, unto the morfgages, Jn ~se slmp~e.
i ~11tY 1he mortgapor covena?~ts wifh the mortgagee thnt the morlgagor is inde(~nai6~y aeized o) auid
ji lnnd in feP simplr; ~har ~he morlgagor has good righl und Iawjul autho~ity to conuey ,aid ln.~d at aforo-
~j sai~; that f{ie moripapor u~i~~ ma~te suc~ f urther nssurances to per~rc! the ~ee simp~e ttt~e fo aatd jand in f~e
ntortqayec• as m~y rensonnbly he requirec~; i~at f~?e mo?tgagor ~ereby ~u~~y warrantt t{~e tit~e to satcf ~and
~ cuui c:,ill ~~efend 11~e same ngainst the lawftil claims o~ aIl penorwv wF~omsoeuer; ancl t{?at said Iand ii (ree
~ iuu~ c~~~ar o~ n~l rnc-umbranc~4
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; ~rouided ~ltways~ Ihat i~ said mortgagor :hal! Poy unto said mortgagee the cerlnin promia-
sory nofe {?ereina~ter substanfia~~y copiec~ or ic~enli~iecr, to-wif:
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M4NT4A~'i~: N4TL'
Fort Pierce . Fi~~,da `
s 40,000.00 Navember 5 131
l~Oli VALUE liECk.~VtD. tbe uaJeny~oeJ. (lu~n~ty and xv~ralfy~ ~t more than vne) prumixi ?o pay to {
RAMONA GRI{~SLEY OWEN
, ur urJet. ~ii tbe mannrr i?errin+(tt~ ~yecilinl ~
y~;AC;y~? w~u oc Farty 7housand Collars an~ -----------------------------------00 /100 DOLLAiI~'.:~ '
(S 4Q ~(~Q.Q(~ w:tA iatessat [rat? date at ti?t sate ut Z2 . 5 N~r cent. per aeu+un. on the b~lante (twn tit?~t ~u ?ims remaininj unpaid.
'1'he u'sd priucipal and intereu s6aU be p+rabk in lawtu! inoney o( ~hc lln~teJ Jtate~ oI Aiacrita at
or at tneb {+I~cc +ti ~n.y i~en•al~r~ br do.~~;natcd br .+r+uc~~ ~wurc truu~ ~he Avldsr tv ~he maker bercu(~ vn t~;"
ehe da~e ancJ in tat manoer (olbwint:
Face Amount of this not2 and mortyage payable with interest thereon from this date,
at the rate of twelve and one half percent {12.5%) per annum in 240 monthly installments
of b454.46. ~he first payment sha11 be due November 28, 1981.
The maker of this note reserves the right to prepay in part or whole, at any time, without
aenalty. ~
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~ Thit note witb intcre~t is iecured by a mort~aKc on reai e~ta?e, oi ~vm Jat~ her~wuk, n~.?de br ttK ~ulen c~tcvf ~n lavor o( the s..~d
k ma
ie i past huevt.~~~ ucwdir~~ w~}u laws of the State ot Flotida. Tbe ternu uf ta?d mort~ar;e are by tbu refrrrncr
c I( default be made ia tht ymeat o( any.ol the ?ums or i~teresc ni~ntioned tutrin w in ~aiS mortgaKe, ar in ~he ~~etforman~e ut
' znr ot ehe agseetnent+ cootaine~i ~ueia or in aa~d rrwrtKa~e, then thc enurs yuinciNa{ ~u~n aa~l aec~wd intrreu ihall at the o{~~an. ot t1~e
~ hotde~ henol bee.ome at oaee dus awd edlae~ibSr. without r?ouee, ~i~nc beiryc o( t1~e e~~enee; sad a+id Winupal ~um .?A.i ac~~w~! ~n~rrr.~
~ sl~aU both bcar intereu (ron+ tueh time uatil }?aid at tf?c hiKbeit rate aU~wabk wndsr ebe bv+t o! the St+t~ ~f PbtaJ... ~iIIYlC to exert~u
thia vpiion ahsll rwt c~wtituee s waiver o( tba ri~ht w excsciaa tbo un+e i~ tM cv~c~?t ~+l any wl~ecy~eat dsta~it.
Eacl~ perwt+ 1isbls l+eraon whetber rpaker or eru3w~er, }~ereby waivea prsa~ntmspt~ {xotsu, notie~ ~~es o! prote?t and nvtite o! Ji..
i hanor and aaseea w par s11 tost~~ iacludin6 s reaanal~{e stwfne~a lee. wh,r~tKr wu t~e bra+Rb~ or aa. ij. sfttt matvruy o( ~l?ii awe or t3e(aui~
hcerunder. os wndcr said mor~a~e, eouiuel ahail be emyloral w oolkc~ ~bi, nae or w proeset ti~e ucuri~r o/ sai~l r,ao~t?~lis.
° Whencvc~ wed hercin ebe tcmaa "bofder'. "u?~ker" atu! "WYec" abal! be tt~ed ' os pl~cral ai t!?e con~ext u~ay
g rcquire or admit. ~
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