HomeMy WebLinkAbout0955 . ~
~o ~iaue and to ~{otd t~~~ sur~u~, tuget~~er wilf~ t~ie tenemer?!s. I?erec~ifuments an~~ appurfe- ~
~inrir~~s 1~u•rnfo ~~~~o~u~inq, nr~~( t~~e rent., issuc~s an~~ pro~ils t~~ereo(. unfo f~ie mortgagee. in Jee simp~P. ~
~nd Il~~> morf,rya~~ur i~o~~e~nanls toif~~ f~~e morff~age~ 1~~a1 Ihe mort~/agor is inde(easibly seizec~ o~ saic~ i
~nn~~ in j~~~• simp~~•: I~~~t f~~~ morff~nc~or ~ias good ric~ht nnd Inw~ul autharify lo convey sai~ ~ant~ as aJore- `
. ~t~i~~: f~~nf f~~n m~rfrjnn~~r ~~,i~~ rn~~,p 5!SC!! tl:r~~:t'f S~v:2'~:SC£5 t? ~JCTtt'~~ ~~R ScF SiiTi}'F~B titaQ t0 sc2i(~ ~uii~ tit ~il~ .
morf~~ny~~i• as may reasonably be requirec,: i{~a! t{~~ mortpagor {~ereby f ully u~arrants the title !o saic~ ~anc~ i
a?ui u~iU dc~j~nd the same AaQif15I IIIP lau~~u~ claims o( a1~ persons w{~omsoever: and tl~a! said Iand is ~ree ~
cim~ c~~~nr of a~~ encumhranc~s , except t~es aceruing SIIbSE`C~tlL'Ilt t0 December 31, 1983 i
W/1~ YPQYY~.~..~~~..~::.e. .n..u..c,~tn nr~~ 1~ ~4-..~-~ a..... L_ L~:__• • i
~ r~\4J u+w lu~LLl.~1l.iVl1J C.~nuiuii l.v L?~C ~UlJl11V131V11. ~
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' ~rouided ~lwnys, thaf i~ saic~ mortgagot shall pay unfo saic~ morfgagee ttie certain promis- ~
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sory riote {~Preinn~fpr substantially copiet~ or i~enti~ie~, fo-u~it: ,
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ISOFTGAGE :10TE
$125,000.00 t~ S , 1984
Fort Pierce, Florida
FOP. VALUI: RECEIVED, the undersigned promises to pay to the
order of ARCHI~ L. COLEt',Ai1 and MARY THELMA COLEriA~~ , his wif e, at
l60o C= (~Yk len~~~/, l~5-f ~c. l..~ ~«c~, i
z 33ya , the sum of
0~1E HUi1DRED TW~:NT -FIVE THOUSA"t1D and no 1 0 Dollars ($125.000.00) ,
with interest from date, at the rate of twelve per cent (12%) per
annuri on the unpaid balance, payable as follows:
; Interest only at the stated rate shall be due and
~ payable one (1) year from the date hereof. Thereaft~r,
` the unpaid principal balance shall be amortized over
s 15 years with interest at 14% per annum in equal monthly
' (principal and interest) installments, the first of
; which shall commence thirteen (13) months from the date
of this note and continue for thirty-five (35)
installments and on the thirty-sixth (36) installment
(48 months from the date of this note), the entire -
~ unpaid principal and accrued interest balance shall be
: due and payable. ~
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~ Should it become necessar~* to collect or demand payment o
~ this note through an attorney,~the undersigned hereby agrees Co
~ pay all costs of such collection, including reasbnabZe~a~t~rne~s'
fee and court costs; both at the trial and appellate levels.
The endorsers severally waive presentment for payment, protest,
= and notice for nonpayment of this note.
~ In the event any payment of principal or interest be not
_ paid within thirty (30) days after the same becomes due, the
" holder of this note may, at its option, declare the whole
- principal sum hereof together with accrued interest to be
- iuunediately due and payable. All installmenCs (principal and
interest) shall bear interest at the highest rate permitted by
law from maturity until paid. This note is secured by a mortgage
of even date herewitn and is to be construed and enforced
according to the laws of the State of Florida.
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_ ` v~ ~ ` ~ ~ J ~ '
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ta~? is C. Crippen i
(t~ - ~ c- ~ ~
:e~K4~7 Q,~~~ ~J~ , ~ , _w-~ - ~
+ / James F. ern on, Jr. ,
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