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HomeMy WebLinkAbout0005 1 ?L,.,_r,~`,~j~,. , ~ j0 ~1~l~ i~lUl W n1?~~ Itis same, togef~er u~ith t~s t~nae~nts. •~itpm~nts an~ nppurte- i r1a~tCPJ thereto be~onging, anc~ !~e renlt, issues an~ pro(il• thtreo'. unfo t~r ~torfgap~~, irt ~et iimp~s. ~ the mortgagor couenants u~ili~ t!?e mortgngee that !he nartgagor !a ina~j.a,t6IY selsed o) suid ~and in ~es simp~e: thaf fl~e morfeagor hus good rieht and ~nwjul autl~orifr to eonohr iald ~and at a~on- snid; that the morfgagor wtll mo~~ jpcl~ (tv~her asawianota• !a p~~ect tl~~ J~e ~tn~pb tltle to ~atd iand tn th~ mortgngee w may reasonably 6~ requirod: t~at t~s mo?tgagw h..a6r /u~~r wwranb f~~ ttfls !o sald ~and and wil[ u~ejend Ihe same a~gainst tl~e bwjul cluims oj aU penona whomao~wr: nnd 11wt ,otd la~d t~ lnt and clen~ of al! encumbronces e~ep~ilig tNCef1 aCC1~Cti.tig snbseqae~rt to Dee~ber 31, l~j. 1 , i ~~V~~ ~~s~ thn! i~ said mortgngo~ ahall pay unto said nwrtgngae t~e certain promb- sory aofe hereina~fer su6stanlially eopied or identi(isc~, to-mit: M01lTGAGE NOTE - 1? 9~0.00 F+ort Pierce ~ Fbrida ~ . i , . MArch 12 . i9T6 ~ FOR VALUE RECEIVED, the undrnigned, (joiatly and severally~ i( more than one) pmmises to pay to ~ ~ 4& W LAAD COMPApY It~C. n Floriaa corpora.ti~_ ~ ~ ~ oF wd~, ia ahhe--maaoer 1~ereinafter ~pec~ed,~ the prinapal sum of~,VE 'I'HOUSAIID 1121fF AIT1Q)It"F~ elld- • - • • ~ - - • • o ~ - - . •np/100 DOLI.ARS ~ (=1Qi9QQ.Q~ ) wieL intemt from dak st the nte of a per ceat. per annum on the balance trom time to time ranainins-unpaid. Tbe :aid principal aad iaterest ahaU be payabk iA lawful money oi the United States of Ameriu at Rp{it.! 2l00[ pbl'~ ~Qn,•e~ ~A. Z~~FS{~r at such place u may hercatter be dcsignated br written notice irom the holder to the maker htreoi, on che aate and in the mannes (ollowing: Princi~Rl r~eount of ~12,9~0.~0, plue intereet gceruing et the rate ai 8~ per ~nmmd lram dete hereaf, p~tAble in mon- thly incr~earente Of princlpal end intereat. P~yments oY g139.(j ~nth~y, With the rirat p~yment au~e ard payable o~ E Apri1 12, 19?6. r - ; . f f t ! f ~ E - . i i t ' Thu note with interest is secured by a mongaqe on nal estate, of even datc herewith, made ~y the maker hercof in tavor of the uid 1 payee, and shaU be constnsed and en(orc~d according to the law~ oi ehe State of Florida. The terms of uid mortgage are by thia re(crence made a part herco(. If default be tnade in the payment o( any of the sums or interest anentioaed herein or in said mwtgage, or in the pcrtormance of . any of the s~reemenu contained herein or in said mortgage, then tl~e entire principa) sum aad accrued intercst shall st the option o( the holdet hereof become at once due and colkctibk without notice. time being of the asence; aad said prin~ipal sum and accrucd intere:t ~haU both beu interc~t from such time until paid at the hig6at nte albwabk under the laws o( the State of Florida. Failure W ezeccise tn+i option ~hal1 not constitute a waiver o( the right to exercix the same in the cvent o( any sub~equcnt detault. ~ Each penon liabk herron whether maker or endoner~ henbr waives presentment, protest. notice notice of pmtat and n~tice of dis- ' honor and asrees to pay all costs~ including a reawnabl~ actor~ey'a fee, whether suit be bmught ot not, i~. after maturity of this note or deiault hcreunda~ or uadet uid mortgage, couruel shall be empbyed to colkct this note or to protect ehe security of iaid mortgage. Whenever wed herein the tertns "holder", "maket" and "payee" shall be comwed in the singular or plural u the context mar requite or admit. ~ ~ Makers Address . . (SEAL) ~ ......-'iiI'LLSAK 1~`. J~f~~l~'bZ51~; ~ Z2~ Triis~ee----... 4~ ~ ` ................................•••-•..........._..._(S£AL) ~ _ i ' .................•---•.•-•-....._.........(SEAL) . ' E::~ ~r~ 5 ~--....•-•--.......•••-.........-•••--(SEA4) . _ _ a , _ . . _ - . _ ~ _ _ ~ _ _ ti,. .