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~ ~e ~d ~Q ~1~ Ihe same, togelher wilb the ttntment~. heredltamenls ond appurfe-
nances Ihereto tie~ongi?ig, an~ Itie ?en1s, issues and projils 1{~ereo~. unto I~e mortgages. In jee simp~e.
Ihe morfflago~ rnuenants witl~ tl~e mo?tgngee ll~at tke morlgagor is indeJewi6ly seised of said
(and in jee simpte: ihal tr~e morigagor hns good ~tgbt and lawjul authority to convey aaid land as olore
said; Ihat thn mortgagor u~il! make such (urther assuronces !o per(rct Il~e jee simple lttk to :aid Iand in the
morlgagee as may reasona6ly be requtred: that t1~e mo?Igogor keroby ~ully wnrrants tRe title to said land
and will deJend ~he same against the law(ul clai~ns o~ all penons wl~oreuoever: n~d that ~atd land !s j?ee
ond clear oJ all encumbmnces
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' ~s~ that if said mo?lgagor sholl pay unto said nw~tgapK tl~ ~w/sin pro~wta-
~ sory note he?einaf ter substantia~~y copiec~ or ic~entijlec~. to-u~it:
I
~~T~~ RAMCO FORM 61
' ' , Florida
=3,000.00 . May ii,i974 ,,9
` FOR VALUE RECEIVED, the undenigned, (jointly and xverallp, i( more ~han one) promises to pay to ,
4
' BdKard Dunbar , or order. in the maooer hereinaEter ipeeitied,
/100 DOLLARS
the priatipal sum of t~e9 thouaand E111d • • • ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ • ~ ~ • • • • • • ~ R ~ ~
3,000 •O~ with ~aterest from date at the nte oE 82~ per cent. per annum on t~e baTance jcan wne w t~e r~~~E 4Op~'
'I1e wd principal and intenst shaU be payable in lawful money of the United States of Ameriw at Ma~~~~ ~r
or at such place as may herea[t~r be d~•signated by writt~n notice from t6e ho~der w tl~e ma~er ~ereo[, on
the date and in the manner following: upOn aOTq,g,n(i
' Thie note is aeaured by a first raortgage on Lot 31, Blook 118, 3eatioa Z?
i . .
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~ Subdivieioaa Port St. Luois, Florida, aacording to tha plat of reoord in
~t. Lucie County, Florida.
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This note fa peraonally guaranteed by Richard & Karen F'lan~cbaua~ reeiding •
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T
e~t 1250 N.Fs. 27th Way, Pompano i3each, r^lorida. ~
.
It ig agreed that upom payment of principal intereet that said first ~
mortga~e ahall be relieved, and full, cloar title Dhall revert baak to
Lancimark Inveatmonta Co. of Broward Inc. &/or ~Richard & Karen Flan~baiun.
This note with~~iN~ and en[ocbd ac ord ng to theclaws ofethe` St t~ of ~Flon'da.~~The~tarms o~hsaid m°~~Ka~e ~re by this (
n~
e
payee, and shall be c
made a part herco(.
I( default be made in the payment of any o[ the sums or interest mentioned herein or in said mortgage~ or in the pedormance of
any of the agreem~nt~s ai o
Ce°due~ and collrcube w ihoutenotice,~timenbeing of the~essence;nand said pr ncipal shum and accrPaed~int rest
holdcr hereof txcom
shall both bear intcrest froin such time until paiJ at the hi~hest rate albwable under the laws of the State of Fbrida. Failure to exercise
this option shaU not constitute a waiv~r of the nght to exrrcisc the same in the eaent oi any subsequent default. .
Each prnon liable hereon M'nclud nmatreasona le attorney's[ee,a
hMhcrssu t be bro ghtsor notcc a
ce~r nut pytof chisnoteuor de(ault
honor and agrees to pay all costs, 8
~ . e}:
_ hereunder, or under sa~d mortgage, counsel ahall be empbyed to colkct this note to pr ect th curity id mortga6e~; ='1
N henever uscd her~in the terms "holder". "maker' and "payee° shall as d~ singu r p1ur~
~ikd~
f,Ap~Y
require or admit. / ! ~ : f ~ ~
~-E-=''..•--.~5~£
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Maker s Addrrss ~ ~ '
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Landmark Invea-c.~aonts Co. o~ :3roward Iii L.:::.•-;...`:.....~~s~~~y
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P. o. 3ox 233'+ ~ ' ' ~ •-A ~ ~
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..Porn~ieno 3oac'r., Floric~a 330u? ` '-,.°:s ~•»•N••••• S~AL) .
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