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HomeMy WebLinkAbout0985 i ~ r r i' I ~AV~ W TiVLfi f~?e snme, loget{~e~ with t~e tenemenfs, hereditnments nnc{ appurte- ! nances thereto belonging, and t{?e rents, issues and pro~its thereo~, unto the morlgagee, in jee ~imple. i ~d !he ?nortgagar covenanla ~uitlt t~e mortgagee that the mortgagor is inde~easi6ly seized of saicl land in (ee siw~ple; that ti?e mo~tgago~ 1?as good right and 1nw~ul nuthority to convey snid land ns a(ore- ? said: that tf~e mortgngor wi~~ make such ~urther assurnnces to per(ect the ~ee simp~e titje to said land in tl~e s mortgagee as may rensonably be required; that the. mortgagor hereby (ully warrants tF~e title to said Innd ' and will defend the snme ngainst the Iau~ful claims of all persons whornsosver; and t{~at said land is (ree ' anc~ clecu o) all encumbrances ~ i : ; i 3 i 3 ) ; ! L } ~ ~ 7UW~s~ t{~at if sai~ r~no.t9agor ~i?ali ~y unto aaid r+'tortgagae tF?e certain promis- aory note ~ereinn,ie~ ,u6~taRt~Iiy copied or identi'ied, to-wit: ~ i N STALLM ENT N OTE : 14 4, 0 0 0. 0 0 Fort P~erce, Fiorida, A r i 1 11 9 8 5 For value received we, jointly and severolly, as prinicipai promise to pay without defalcati o of ~3ILL STEWART & ~IARLENE T. STEWRR'P his wife ! at the office of said payee in Fort Pierce, Florida, the sum of E ~ ~ ONE HUNDRED FORTY-FOUR THOUSAND AND NO/100--------------------- ppllARS, ; ~ ~ with interest from date at the rate of l~~ 96 per annum, in monthly installments, payable as follows, to-wit: ~ i $1, 317 . 2 2 pOILARS, on the 1 s t day of May , 19 $ 5 and $1 ~ 31 2 2 DOLIARS, on the 1 S t day of each succeeding month there- after until the whole sum named is fully paid. Esch installme~t fint ~MII b~ •pp:ied in p~yrt~enf of the interest •nd then o~ tfie unpaid baisnc~ of ths p~incipal ~um. If defa~:t ~s m~de i~ !M p~ym~nt of ~ny instsl{ment wt+er? dw, thtn, at tM option of th~ pays~ ~II tM r~maininp installrtxnts shall become due and paYablt ~t onc~. PrivileQt is y~M to p+y ~wo or mw• irutallments at any tien~. Should it become necessary to collect thi• not~ throupF? •n •ttw~xy, dther of ~s, whether maker, turety w~ndotser on tfiis note her~by +p~KS to pay all costs of coflettion, inclvdinp • reaionablc ~nwn~s he. The makers, suret~es ~nd ~ndwser• hereof sewrdFy waive p~csentment, protest and rwtict of protes~ fa no~payment oi this note and ~yre* tMt tF+~ time of ~ts maturiry may b~ •:ts~d~d befae o~ after maturity and do further ally ay?ee to sny renewal thereoi befwe w afi~r m~rurity, w~thour noeict of them. 'I~IIS ZS A BAIZDON N1~F~PC~ APID ~ FI~L (SEAL' ' ~ PAYI~I~Tr OR TI~ BAIIINC~ Di7E LTFON MAZURITY J• CALV I N PEl~~E , nr? ~ ident TS $140,826.00 TOC~'14~ WI~i A~IID 1# RFTTFR WAY ?"N_.CHR.~S~ (SEP ~ ~~r~ g~ ~y~ p~ A1T, M I N I S T R I E S, I N~. ~ ~ ~ BY TEIE MJ~CA~.E [JNDE'.R 'I'f~ TERbS y OF ~IIS MJKPC'~E • ~ resr~r 1i~~ - rtur.n, er .~.vs ~ ~ dn~K ~V~ PaGt c`10~ x ' ~s- ~ _ _ - - - ~