HomeMy WebLinkAbout0028 j~~~~ ~M~ V ~ ' i
I) ~~fW~ fi~Ni !h~ same, f~pl~~w u~~l~~ f~~w Ifntmtnb. hei+n~ifarnrnls un~~ u~quufr
i~anrPt fi~Prnlo ~irjo~~ping, ond t6s ronls, ta~uea an~ profi/s IIIPfM~. unfo ftie moNgagee. in JM simp~r.
1111Y t1~e morfgngw covennntt wltl~ ih~ mortgage~ 1l~at IhM atorlpagor ta ind~Jeo,i6lr seize~ o~ satd
Iand 1n fee a~rnple: tknl th~ rnortg~opor hw good ~tght and Iawjul outl~ority !o conwr inid land aa a/on-
sald; Ihat Ihe mo?tgagor .u•iU ma~~ iucl~ ~wi1t~~ oasuran~ea to p~i~ct Ih~ je~ i~nipb titl~ to sa~d tand rn tl~
niortgagee cu may reosona6~y ~ roqutro~: tl~at th~ martgneor hsreby /u~~y wan~nntt ths flt~ to ~atd ~and
and u~tU de%nd tl~e raen~ agntnst tha law~u~ clatmi oJ nll penons whor?uoevK: a,~d el~at ,atd lond t, Jrer
ond clear o/ a1l encunibrnncer
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~COUi~ ~1!l~S, el?ae tj :atd nwriga~or :ha!! pny w~eo ,otd nwre9ng.e ri~e c..eatn Pwn~a-
aory _ note hereina
jter tubdonttaUy c~i~ o~ IdMtt~t~d. b-r+it: .
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MORTOA~[ MO?~ RAMCO IORM q
i 5, 000. 00 Port St Lucie
a-t, .197~
FOlt VALUL fIBCSiVED. tbe rndenisncd. ( joiattr ~nd ~eveapp. if more tl~as 1o pn b
June R. Young, a single adult
. o~ ~drtwr ~cif'~sd.
cbe ~.rm ot Five Thousand and no/I00 /~0p DOt,t.~lts
5, 000. 00 i~+~t tcas daee at tLe rsee o( pc~ cent per ~en~ o~ ~!e b~luc~ Ita~ ti~e to eire t+rd~iy ~pid.
TM ..ia prineip~! .oa iarerea .iuo be p.~ble io la..tul mose~ d tbe u~itea se.ees ot Araics.e PO Box 351, Boca
Raton, FL 33432 or at w+cA plaec as ~nay herraft~~ be ct~•sigaated br ~rrittea sotice [raa tlie bolder w tbe ma}er Sercd, on
~n~ d~ce ,od ~ m,~r ~otww;,~: Payable in equal annual inetallmenta of $1, 250. 00 each, plus
int~rest an the unpaid principal balance at 9 percent per aanuxn. The privilegc~
is reserved in the ma tgagor to prepay all or any portion of the principal
~ balance of indebtedness at aay time without penalty. The firat payment shall
be due one year from the date hereof.
Thi~ note with intrrest i~ ucured b~ a m~xtqaqe on real euate, d evrn date 6etevnit6~ made bp tbe tnakss 6ered ia favot d tUe sai~
ti~ay~~, aod ~aU be comtrued and en(orced accordinR to the laws d thr State d Fbtida. Tlu te~ d~aid orottsast art b~r t6ir referrn~
~nadr ~ part bereof.
If d~fault be made in th~ pa~meot of an~• n( the turfu a intetesi tnentiohed bet+tin or in ~aid mortsast~ or in tl?! per(ormance
~m o( ~he a rermenu conuincd h.•rcin or in sa~d mortsa~e~ then tbe entire principal wm aud aotrued io0etdt ~ha1l at tbe option o( tA
h~~td~r h~~ become at once due and colkrtit~k w~ithout aotitr~ time bein~ of tLe e~enct; aad ~aidp~io~l sum and acerutd inte?r.~
.`~all t~c.th bcar interc~t trom such time until paid at the hisheat rate allo~rabk uader the IaMn oI tAe ats o( Florids. Failure ~o ~:erci.
~h~s ~,ption thall not constitute a waiver of the riqht to rxercue tlie ame in tAe eveot of asr wb~eq~eet dd'ault
Fa~h perwn lubk h~rcon whether maker or endone~~ hereby waives praeet~aent, p~otat~ noeioe notioe a/ ptotat and notict o( di~
n
hunor artd aRree~ to par all ~o~ts, includir?a a r.~a~~n~bk attorne~~ fee, whether suit 6e brw~s6t ot not, ir. aiter m~turi d thu note or de(aut
h~rcuod~r~ or under said morttaRe~ counul ~h~U be empbyed w colkct thi~ aott or w protect the ~eeurity d' aartsase.
Nheaever u~ed herein the terms "Iwlder"~ "maker" and "parte" shall be aoasWed ia t6t ~iusulu ot plurd as t4t eoptext m:+
r~quir~ or admit. - ~ _
Maker'~ Addren .........-~..~.1~: L[,!'.?...1,..L.~r . EAl.
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~ J o o C"a~ir~
BOUK~~ PACE - !
.__...,~.x+~....~.--- ..~s nr.
sene ~~a~ira~
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41t High St., Bristol. R.I. 02809 ~
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