Loading...
HomeMy WebLinkAbout1986 ~o ~ue and to ~iold I~e same, fogeltier wifh Ih• t~neMMU. h~tlO~~~i a?id appu?te- ?~ances therelo 6elonging, ond ths rents, issues and pro~ils fhsn?o~, unto Iti• moNgogN, tn ~e~ timp~e. ~ Ihs mortgagor covenanb wifh fhe morlgagee ltinl !k~ nw?fAa9or is tnde(~,i6ly aeized o( satd Iand in ~ee simp~e: fhnt f1~e rr~orfgngor hw good ~tgi~! a~d ~aw~u~ authortly to conwy ,a~d [a.~d at alon- ~oid; tl~at the mortgagw wtll mnke sucl~ /urti~e~ assurances to pK/rct tke jse ~tmpb tt1le to ~aid Innd in the mort9a9ee aa may reaso~a6ly be required: that tht mortgaeor 1~~re6y (ully ~unrranl~ tl~e title to sald land and will deje~d the same againsi ths lawJu! claima o~ nU penona whomsoever: and that a~td lQ,~d t, Jwe and clear oJ all encum6rnnces i- ~ I ~ ~ ! . ~ ~[~Q(~~~ ~~~~s~ f~a! i~ said morlgagor s~al~ pay unto saic~ morigagee ihe certuin proniis- ~ sory note hereinalter su6~tantially copied or idenfified, !o-wif: $30,000.00 FT. PIF.RCE, FLORIDA, ~/GV~i ~ ,1974. ~ FOR VALUE RECEIVED, the undersigned, jointly and severally PRO!lISF TO PAY to the order of ' f:DGAR A. GAUDETTE and COLLEEN GAUDETTE, his wife, THIRTY THOUSAND DOLLARS, at 1704 S.E. ~ A~air Road, Port St. Lucie, Florida, or such other place as the holder hereof may designate i~i writing, together with interest from date at the rate of 10 per centum per annum on the halant~P ~~.,tit maturitv. The said nrincipal and interest shall be due and payable as foilows: Commencing on January 30, 1975, there sha21 be an interest payment of Two- hundred fifty ($250.00) dollars and said interest payments shall be payable on the 30th day of each and every succeeding m~nth until December 30, 1978. Beginning January 1, 1979, there shall be a payment of Three-hundred ninety- six and 46/100 ($396.46) dollars, which includes princible and interest, and ~ a similar payment shall be due and payable on the lst day of each and every ' succeeding month until fully paid. I ~ NO PENALTY FOR PREI'AYMENT ~ If default be made for 120 days in the payment of any installment of principal or interest or ~~ny part thereof, the whole sum then remaining unpaid with interest shall at holder's option l~ecome due and payable without notice. Fa~lure to exercise such option shall not constitute waiver of the right to exercise the same in the event of subsequent default. After _ maturity both principal and accrued interest shall bear interest at 15 per centum per annum ~~nzil paid. The makers and endorsers of this note further waive demand, notice of non- ~~~iyment and protest. If this note is not paid at maturity and the same is placed with an <~ttorney for collection, the makers and endorsers.hereof agree to pay all costs of collection, including all court costs and reasonable attorney fees. - ~ ` ~7 r -~='y==~- - - Oh~A.~.J ' ET~9 _ . - ~ . ~ , . `C, C i ~c+~/6~~C.~?__'~ _ ~ >-f,/.~"ss - , " '~}t~.~ C, ~ ~ t' ~ t.. `j~Ti/f.T9 ~ ~ . ~ g~pK2~U PAGE1~~5 ~h . ~ ~ ` - - t ~ ;~ti ~ . . ~~~A . . r- ~ .3> . _ ~'~~"vt~'q'~~~ . " .