HomeMy WebLinkAbout0951 ~o ~4aue and tv ~told 1~~~• .umr, fu,yrf~irr tuif~~ (~ie fe::emertfs. Ju~reclilumenls un~~ uppinli~
ruu~rrs i~~~~rrfu ~~r~u~~~~ir~t~. on~~ f~ii~ ro~~i.. issu~s ~~r~c~ pru'i!: f~i~~reu~. u?ifo 1'~e ?~lortAa,yeP. in JPP simp~s~.
~1~~ ?~~r :i~urt~~aqur rori~nunts wit~~ f{~F m~~?tgai~~~i• t~~al f{u• morl~n,yor is int~e~rasif~~y seizc~i~ o~ s~ir~ :
1~uu1 ~n J~•~~ sim~ilr: thnt 11~~ marl~~n~~or lias ,you~l ~~,yl~t c.n~~ lou•(uI aut{~orily to conaey saic~ ~an~ os a~ore ~
.nid: 11i~i1 tl~~~ ?norl:~u~~or u~ill mn~~ such Jurlher assuran~~c s!o l~Pr~act ll~e ~Ne simple title to saicl land in the ,
rnortyu~~~~~~ cu n~ay n~~sonahly ~~e reyuiretl: 1{iaf th~~ mortqnnur hpr~6y (ully u~arranfs l1~e til~e to said lanct
ur~ei tri~~ ~l~~ji~eu~ Il~i~ snmP ~gainsf Ilie ~uio~ul claims o~ a~~ persuns whomsoei~er: ant~ thet saic~ ~nnc~ is ~ree
nm~ r~rar u~ a~~ en~ um~,rnni-i~s !
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~rouided ~Iways~ l~~nf i~ sai~ morlgayor s{ea~~ p~y unto saic~ morfgagee ftie certain promis-
snn nofF~ {~~reinajfpr sutistantia~~y ropiec~ or ic~entijeed, fo-wit: . ;
b 34,000.00 - Fort Pierce, Florida, ~~~t 1~. 19$~_
For value rece~~e::, 1, we or either of us, promise to pay, without defalcation, to the order of ~
c o 0 Laug n& Laug n
33 48 at T°°`~~~E~ ~e~ in Fort
Pierce, Florida~the sum of THTRTY Fn iR TN(111~AND AIT) Npf 1Q0----------------------DOLLARS
with interest from date at the rate of 12 % per annum, in monthl~ instalments as follows,
` b 374.37 on the lOth day of September, , ~q 84 and a like sum
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F on the corresponding day of each like succeeding period thereafter until the whole be fully paid.
` Each instalment first shall be applied in payment of the interest and then on tF~e unpaid ba~ance of the principsl sum. If deiault is msde
f in the payment of ary instalment when due, then at the option of ths holder, and without any other notice, all ihe rem~ining instalmenls
~ 4ha11 be due and payabie at once. Frivilage is given to pay two or more instslmenti at any i~stalment maturity date, but this shall not ex-
tend the time of mafurity of any subsequent instolment. Ne+ther forbesrance, nor acceptance by ths ho~den c~reof after any default in any
~ payment hereon, shall be deemed extens~on.
~ Each maker, surety and endorser hereof, jointly and teverally, waives demand, preientment, protest and notice of protest fw nortpay-
~ mant, and furthar sgrces to any extension of time of payment, either before or aher maturify, without notice to ~ny of ui; and to pay •II
~ cwts of coilection, inclu~ing a resonable anorney i fee in the event of •ny default hereunder, and hereby severally waivea all banefit of
homestead and exemption under tF~e constitutivn and lawt of each St+te of the Unired States, as against this obliflation or any extension
or renewal hereof.
~ Witneu the ha~d snrJ ~eal of each party.
~ This note may be prepayed at anytime without penalty. . .
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~ n ~ (SEAL)
j WILMA B.
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r -(SEAL)
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- L'pon any sale, conveyance or transfer by Mortgagor by Deed, Release or
Contract tor Deed or any similar conveyance, this Mortgage shall become
immediately due and payable in full. It is the intention of the Mortgagee that
~ this Mortgage not be assumable by a Purchaser except upon the express written
consent of Mortgagee.
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