HomeMy WebLinkAbout0775 I
~o ~iaue and to ~iotd ~~~P sam~•, f~u~~~l~~~r ~uil~ f~~~ I~nemrr~Is. ~~rreililumNnls.ani~ upl~u?Ip
n~n~rNS I~u~n•fo ~,~~unyi~u~. an~~ f~ie rne~fs. issu~~s an~~ pro(ils 1~u~riw~. unfo 1~~p morfyayee. in jep simp~r.
~n~ f~~~~ morl~~ugor i•o~vmanls ~vif~~ fhe murf~af~ee Iha! f{~N murff~agw is in~~N~~asih~y s~~izec~ o~ sait~
I~n~~ in ~i~~ simp~v: Il~at fl~e morl~a~o~ has.4~eq~1•righl and lawful aulhorily lo ~-on~~e~y saic~ lu?id as u(ore
xai~~; 1~~af I~~r mwl!~a{~or ivi~~ ma~e such (urt~er assu?anc•es fo per~ecl !hp ~ee simp~e fil~a to sai~ ~anc~ in the
morfc~an~•e as ma~~ rnason~f~~y 1?e reyuire~: thaf tl?e mo~f{~a~or I~ereby (u~~y u~arrants ti~e litle lo said land
~md u~ill c~~fend ilie snme ~flainsl fhe ~au~(u~ c~aims o( a~~ pe~sorta u~l~omsoei~er: ant~ Ihat sattl ~ant~ i~ ~ree
anil i•1~~ar oJ all encumF~rances except taxes accrui ng subsequent to December 31 ~ ~ 977.
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~rou~ded ~tways, fhaf iJ saic~ morlga~or :hal! Pay unlo sac~ morlgagee f~e certain promis- E
sory note tierPinnjlpr sutistantia~~y copiP~ or ic~enfi~i~c~, fo-wit: • '
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~~.,.•z~w N»~. IM ,ter<~O~' ~ry~bM Mu.1\iy hWM~M IW~~+• IntM~f.A. ~ ..1 MI`I[~Ll 1~~~~M
; ~llor, r~~?c !1'~~~:• i
~ S 22,100.00 Vero Beach, ttarch 30, 19 78
~ FOR VAIUE RECEWED 1he uoders~9~e i prom~v : 1e. piv ~o nc~ nl
I~ COMt1ERCIAI BANY, OF VERO BEACH
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~ ~ne pnnupal ~„m o~ TWEl1TY-7t,10 7HOUSANO O~E HUNDRED AND NO/100------------------------------ Do~lan ~
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E ~o~~h~. W,~h inlereSl lherepn a~ .ar~ ~ 4. o~. ~e~~ annum Apri 1 6, 1978
~ untJ matuntY. bolb Frmcipal and inte~esf beinq paYable m lawfu~ l.~c~ey cf tt.r Iln~r~,i S!, :~,ch r•~nc~p,~ •.:T an~ intere;t pavahie ~o ~~..~-il~. „~t as f~llows: .
~ This note shall be payable in 59 equal monthly payments of 5224.16 each, commencing on '
~ ~ together'
' May 6, 1978 , and continuing on the same day of each successive month thereafter,
' with a BALLOON PAYh1ENT of S17,918.76, which shall be due and payable on April 6, 1983. j
~ The Makers reserve the right to prepay in vrhole or in part any sums due hereunder without ~
prelni um or pena 1 ty.
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~ Sueh mstallmenl paymenls shall be apPhed ~vst to the ~nteresr accru~ng un.ler !h~ ~e.m: ci ti~is :~or~ .~~,ti ~hen ro a reduchon of ~he D'~r~rpai ~r.fe5tedness- ~
~ ~ The makers an~ endorsers oF Inis note ~wlher agree lo warve demand, nol~re of non p~ym~^1 a~d p•o~~:t. and the event cwt shall 6e brou9ht tor the !
, -Y 9 PaY^~nrs herr ~
~ collectiw+ hereo(, a the same has fo be collected upon de+nand of aa a!tcrnry, to D~Y r^aso~a'ale altorn~ 's f.•:; (er mak,~ such coqect~on l.It ~
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; under shall bear imerest a~ the rate of ~ Q....... percenf per ann~m from n:,tur.ly u~til pa~d. Th~s no!e ~s sacu•oa by a rr.ortgage o( e~en dat~ heie+r~th and ~s 10 ~
1 be comlrued and enforced accord~ng to 1he laws of the Slate o! Flor•da; uron ~el~ul~ ~n the payr~nt o( C•~~~~C~~ a~d: i~teres~ when due. she whole sum o( ~
# pnorpal and inle~est rema~ning unpa~d shall, at the opf~o~ of the hol~~ s c• eome ~mmcd~a~ely d~c and payabie. Fa~~ure lo ex~rc~se ~ op~~on stiaH not co~stilu?e
a warvcr ol the nghr to exerc~u the same in Ihe even! ol wbsepu~nf .;clauit. / • ~
' ! 501 - 21st..St. P. 0. Box 2767 .--~.~-~~lf ~ ;sE~~~ ~
DaYablo at ~ . ~ ~ t+~
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~ Vero Beach, Fl orida 32960 ~l ~c F~ S~-~C~c~.L~ _~sfnu ~
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~ ; or suih olher place as ihall be SEAL)
des~gnated bY ~he ha~der o( ii~is p u ~
~ notn in wnhng REX~~85 . . ~SfA~U
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