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HomeMy WebLinkAbout0990 ~ 1 ~ ~ ~o ~inue and to ~iold f~ie same, fo{~rf{~er wil~ l~+e fsnomenta, heredi~nnenla ana appurtr~ ' . . reancrs I~~prelo ~~Plon~~ing. an~{ t~~e renfa. issues art~ pro~ils t{eereo~. tenlo t~e mortgags~, tn' JPP simp~e. ~ thp morlf~a~ur ronP??anls witl~ the morteagee that the mort a o~ is lnde ewi6l seized o ~atd ea ! y ! ! lonrl in J~~P simplN: Ihal ihe morlgaflor has good Ag6t and lawf u~ authortty to conver ~o~d land as aJore- i{ saic~; 1{~pI (I1P morf{~a~or u~i~~ ma~ee such (urther assu?ances fo perfpcf f~?e /ee aimple ttt~e to said Iand in fl~e morf~~agee as mny re'a~ondbty`ee requirecl; tha! tl?e mo~lgagor hereby /ully wnrrants tl~e title to aaid iand a~u1 iviU dp/end Il~e same a~ainst fhe Iaw/u~ c~aims o~ aII persons. who?nsoever, o~c[~ t1~a! said Innd ts /ree ~ a?~d ~lpa~ oJ all encum6rancps except as hereinabove set forth and except ~ taxes accruing subsequent to December 31, 1.977. ! . , i I . i ~ i i - ~ , ;j {t ; ~ ~ ~ .i _ ~ ~ ~rnu~ded ~lways~ that if said mo?tgagor shnll pny unto said mortgagee the certnin promis- ~ sory nofe l~Rieina~ter subafanfia~~q eopied or idanti(ted, b-wit: 1 ~ 4, Q00 . 00 Fort Pierce. FIorida, April 17 19 78 For value recei~ed, I, ~ve or either of us. promise ta pay, without defalcation, to the order of • MIKE NASER and IDOLIDIA NASER, his c,rife, At 416 SE Skio~er Lane,_ Port St . Lucie, Florida ' _~X~~# ~'ia.~~d~t~a~ the sum of FOUR THOUSAND & 00/100 _DOLLARS ~ with intere~t fr~m date at the rate of l~ q6 per annam, in monthly ~nstalments as follows, 9 S 35 C~_ ~"^.~rJar{i the 17th - day of May , 29_ 78 . and a like sum ` on the corresponding day of each like succeeding period thereafter until the whole be fully paid E.xh instalment tir~t s~satl b•l avDlted tn p~Tmeni ot thr Interat ind t1~ea on •he u~pwid h+lance ot the prineipiJ sum. It detaalt ts ? mu!• in the D~Tment of aas ~nsLdment Rhen dua. then at t6e oyUon oE the holdfr, and withrwt an~ other notPce. s1t the remaIning ! instafinenC~ sball be due and Da7=b1e at ooee. YrisileRe is then to Ds7 taco or more inctalments at an~ insLllment m~tueit~ date, M~t W[e eha11 not e~ctead t6e time o[ whirib of an7r sufr•epuent instalmtnt Neithcr forbauanee. aor aceeDtanee bi ~ hotder hereot afLer aaT detault ia an~ ps7~nent De.eon, ~6s11 b~ deemed extension. Fach m~ker, wreb and endor~er hereot. ~inU~ and ae~era111. wai~es demand. preaentmen~ D~t aad noRiee of Drotes! [oe ooa- patTnxat, larther :rrees to wn~ extensioa of tirae ot panocn~ d?her before or after maturit~, witbwt ~rotice fn an~ ot us: aod W Px7 a11 eosts of col:ectior., iocludine a reasonable attornej s!ae ia tbe erent of an~ detault bercunder, and 6ereb~ scvtrall~ walvts a1! Denelit of ~omes4rd and «em~tion.under the eonstitution and 4ws ot eaeh State o[ the United Stata~, as aQatmt this obIl~tioo or ao~ . eztensioa oc renewal hereot. . Witnes the hand and xal o[ eae6 part~. ~ It is the intent of the parties that this shall be a , three year promisory note with interest only payable-in - ! the amount of $35.00 monthly for a period of three years, At the end of three years from the date hereof there . ~ - shall be a balloon payment for the full principle baZance due.hereunder. _ ' l ~ - ~ i y,,,,, ~ $t,~.,,r~__~!LLt~~-,.~,-~.__._.---- {SEAL) : i ~ (SEAL) ! . ( 50~~ 285 ~?~E ~ - ~ - ~ ' t'..~f 1: /f -!!!lrli ll adS ~ . ~ _ , . , _ . , . . ~ ~ - _ . . . _ . , u u..~..~