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HomeMy WebLinkAbout0755 ..i ~ . s , . , . '~O ~It ~ tO the sams. fogel~er witti Itie len~ments, her~lfaments and appu?te- nancet the?e!o 6elonging. an~ t{~e rentt, issues ana pro(its 11~e?eo~. unfo 11~e mortgage~, in ~es slmp~e. i t{~e mo?tgagor covenareta wttk the mortgages that Ih~ mo?lgagor is tnde%,i6lr setud o~ sald ~ ~ NNi ! Ia~a in jee simple: Il~at the mortgagor hw good right and ~nwjul autl~orit~? to conney satd ta.~d w ajort- said: fhat ~he mort9asor wiI! ma~e such jurlhe~ assurunces to per(eet th~ jes ilmpl~ titb to ~ak1 Iand in II~~ ~ mo~tgagee as may ~onably b..equ~d: t1~at tl~e mo?tgagor hereby (ully warnnb the Itlie fo soid t~d ~ and will de(end tha swne agains! tl~e iar~(ul claims oJ a1l psnons whomsoe~er: and lhat ~aid land ti jroe and clea~ oj al! encwnbr+ances i , ' . . , , . _ ~ ~ ~ f S ~~s~ Ikat i j soid mo?igngor ilwA pny uato said mortenges t{~e certain pron~b- sory note /~ereinn/+~_ su6sea?~rially c~opiei~ or idenfi)lect. to-wtf: - PROMI330RY NOT'B ~50.000,00 Port St Lucie, Florida ~ Octo er , , 19T ~ 1 At'ter date, for ~alue reaeiv~ed. we promise to pey to the order of~ E, UNICE M. BIANCO_, the sum of ~50,000.00~ payable as folloxs: : . ~ ; Rate of Intere8t Term:-~ i~_ years , 124_ payments f Payments: 61 2 per month payable in advanae, the first 4 payment due and payaDle of even date herexith. . ~ All sums of principal an+~ interest aoming due hereunder shall ' be p~rable at 2808 Pine Valley Road, Port St. Lucie, Florida~ 33~+~52: or at suah other plaae as the payee or holder may spec- ~ ify in ~rriting from time to time . ~ ~ The Pailure of the maker to pay any 2nstallment o~' prinaipal ; i and interest when due, xith suah failure aontinuing unaured ; ~ for 30 da3rs after such ~due date, shall confer upon the payee ~ or holder the privilege or option, then or thereafter to be ~ eaercised ~hile suah default continues unaured, to aacelerate and call due the entire amount of prinaipal and interest evi- ~ denced hereby xhiah is unpaid,snything in the Mithin note to the contrary notxithstending. The indebtedness evidenaed hereby may be PrePaid in Nhole or in part at any time pithout penalty or premium for such pre- payment . This note is secured by a mortgage give under even date here- I pith; and gll persons to xhom these presents may come are re- ferred to the mortgage for its effeat upon the within note ~ and the appliaation of the amounts paid pursuant to the mort- gage, for the procuring of releases of property from ~its lien. ~ upon the indebtedness evidenaed hereby. . ~ Rhe maker shall xaiv~ demand, presentment for payment, proteat and notice of nonpayment and of dishonor. If by reason of de-_ ~ault in the peyment of the note it beeomes necessary for the p~yee or holder to emploq an~attorney to enforce the mortgege ~hich secures this note. then there shall be inaluded in the debt evidenaed hereby and secured by the mortgage all court costs and attorney's fees reasonably incurred or eapended by the payee or holder during suah enforaement by reason of such default. ~ sa~ ~ 7 ~ ~ ~ ,t.~~,,.,~ Sea ) Witne s J ome G. Saherer _ Cv ' M,~,c:~i ( Se al ) , " i.r~ . ~ Heima E. Saherer ~ _ ~ ~ w. ~k~. - ~ . ~ _ _ _