HomeMy WebLinkAbout0292 , _ _ _ "i
. _ _ .
~ ~ ~ • . . ± i
~t ~ W~~ fl~e same. together wilti f~t tenemenb. kt?~itantn4, a?tcI appwtt- }
.ea?scw t1~«rto 6abngtnp, and the nnts, iaiua aid ~?roJtti tl~oqdo(, unto th~ monga9a~, in /a~ simAb. .
• . ~
~ Ihe mo?tgagor rnvenanta wilh the mo?lgagee eh i ik. ~g~o. tnd.j.a,ibly s.tzed o/ satd ~
~ancl in ~N dmp~e: fl~at !1w n~ortgagor I~as good rigl~t and ~awJu~ authoHty to conwr iaid lanc~ as a~orr-
taid: tlw! th~ mortgagor wiU ma~~ such ~uM1~er a~urancea to per(ect th~ ~N simpje title to sald land in fhs j
mortAa9.. m,~ay ..a:o~6iy b. roy~d: tf~ae ehe mon9aeor l~.r.by ju[!y ~,a,.o.~a eho esrle ~o s~td land ~
and wtU d~j~nd tl?~ sama agninst the lau~~ul clatmr o~ all porsoru whornsoou~r; and that satd Iw~l it Jre~ ~
~d o/ aii.~.b.~o.~~ except easements , restrictions , rights of way 4
and reservatt3ons of record.
~
~~l~l~~ ~W~S, tl~t tj s~d mortg~o. skaU ixiy ~eo :a~d Rw.eg~ge ehe ~ertatn ~om~s- ,
so~? Rote J~t,~/e~ stibsea.,rtally oopisd or id~ntified. to-w~e: .
_ _ •
?w rr. ~n:e.d rus•w : r..wr ~rr..n.-wW.~ wd.+d) stM~NOLS FoRM ~7
: .
Mortgage Note ~
. ~ s 40.,QOQ.QQ Ver.o...Beach.......~....._..--........September...~.5.~....~9.7~..
fOR VALUE RKEIVEp 1M undxsi9es3 promises tc psy to tha order o(
' CONiMERCIAL 6ANK OF VERO BEACH ~ ~
_ . . .
~~e ,.~~w~ ~ ~r...-----.F..ar..t,~..Jhnusand...and.. no/100----.---.-.-.~.,.._.-.~----.-.-.---.-.-.--------------.-.-.-.-.-.-.-.-.--.-...o~
togethar with iMwest tAar~on ai the rats d.......$.. J.........._per ceot pec a~rwm r~~.... ......date ~
ur.hl matwitY, bolh printipsl and interest bein9 paY~ble in Lawful Money of rhe Unite3 Stsies, wci~ principal wm and iMersst paYable in insla:Ime~qs as (ollows:
; This note shall be payable in 60 equal payments of ~5820.67 each, commencing on October 15, ~
1977, and continuing on the same day of each month thereafter until the entire balance
due hereunder, together with accrued interest thereon, has been paid in full. ~
The Maker reserves the right to prepay in whole or in part any sums due hereunder without ~
I penalty or premium.
I
+ Suth inslallmeM paymeMS shall be app:ied fi~st to ?he intarest accruir.g undtK the ta:ns oj this note and then fo a reduction of ths principal iedeWedness.
The mskcvs and endwsers of this note Ew:h~ ag~ee to wa+ve demar.d, not~ce of nan•paYmer.1 and protesi, and in Ihe avent wi1 shall be brouyhl tor tl+~
! colletlio~ hereof, or tMs same hss to b~ coHeued upon dE:nand of ar. artorney, to .~ay reasonaWe aHwt~e~s /ces (or makirtg sutb tdlection. Al) paymMls bMa ~
~ ~~der shall bear in~eresi at the rate of..._... .~.._...perceM per anru- fron maturrty z~t~t pa,d. This nots is secured bY a mortgaQe of even date herewilh and is Io
~ be construed and enfaced according to the lavrs of Ihe Sfate ot Florida; upon c'o~ault in the payme~t o( txincipal and; a~~terest when dw, th~ whole swn of
. ' ~
prmopal and ioterest remaining ur.paid shali, at tne opiion of tae holders, xcome ~esmed~ateiy cti:e and payabfe. Fai:ure fo axatise this option shsll nof tonsfitul~ (
a wsiver of Ihe r~gM to exetcise the sarne in ths went o' wb:equenl de.`aul:. i
` Payabla st...601..-21.st Street~ P~...O.... BOx...2767..._ . _ COLONY ..C~.U~.. MO~.~~.~. HOI!~.~.. PARI(~....INCe..... ......ISEAL) 1
~
~ Vero..Beach~...Florida.....32960. .By:.... _ . !---~c:~::?r.~ .._.~'~,~..,...tSEAI)
' ~
i / ~
' suc~ o~her place as sha~l be Attest: /~i~LfLl~~~ .~2'CLfl~ ...i!!.~`..~ .......................!SEAI) f
_ _L ~ ~
des~yna~ed by ehe holder of rh~s 9 ~
~orsm.~ri~~ng. • RE~-~32 .SSEAi)
~ ~ ~s°~~c2 ~5 2
. - ~ ~
~ ~ ,
~ ~
s
~ 1~ ~