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~ 7~ nAUt ~~0 ~W~~ !~s same, fogether wilti !{~e I~neme~fs. I~ereditan~nf~ ond oppurfs-
nances fherefo 6e~or~ging, an~ f{~e rents, isauei and projlls thereof, unfo 1{~s morfgnpss, in ~es simp~e.
~ ttie ~norfgago~ covenanls wilti Ihe mortgngee lhut ftis mortgago? ia inde%,i6ly aeizec~ o~ snid
land in fee slmp~e: Ihaf Itie morfgogo~ ~as good rigtif nnc~ ~aw1u~ aut~ority to convsy ~aid land m o~oro-
said; fhaf f{?e morlengo~ will make such ~urftier wsuroncss fo ps~rcf fhe Je~ stmp~ Iil~ fo satd ~artd in t~?~
morlgagee at may ~cnsonably be ~uired: lhot the mortgngo~ It~robr Iully wun~anli Il~s title to .otd la,~d
nnd u~ill deJend the same agains! the lawf
ul clairn~ oj all peno?u wl?omsoever; and tl~a! :atd la.~d t, J?s~
and clear oJ all encurnbrances ~
~
f . j~~~~~ -
~I ~~V~~ 7~W~s~ fhat_ iJ said mortgago~ shnl! pay unto said mortgagee ttie cerlain promu-
i sory note kereina~ter substuntia~~y copiecl or identi~Ied, to-wit:
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M=r9•'• ~r~ ` w~r W~ iEMINOL[ FORM 77
Mort~a~e Note
59 900. 00 o t_St. ..Iucie..... Flo?ida __..AUgt1St .11.~. 19 78
s _ . . _
FOR VAIUE RECEIVED tli~ und~rai9n~i promis~i to p~r ~o rM «d~r d
i JOHN W. PUGH and LORETTA R. PUGH __his _wife_____,__.___
, . . _
; _ _ . .
' Fift -Nine Thousand Nine Hundred and no/100
` a~v+~ sw~ d.- ~--......y...------~-----~--... . . - - -----~.'.'.'.'.'.'..-'.-'.'..'.'.".'od~,.:
~ ; :
: rofl.fl+.. with iM...st th...a+ a1 ~hs .af. d. 8.~.3,4........p.. c~nt v« snnMn Man_..-- date
~ untrl nrturity, ooth printipal and int~r~st b~in0 piYabM in l~whd MoMy o1 tM Uni1d 51M~s, wth PtindP+l swn ~nd iM~rast p~yabl~ in instaUm~Ms ~s (olbws:
(:Repayable at the rate of $492.48 per month; principal and interest, com~encing
~ ;Septembex 11, 1978, and each and every month thereafter until paid in full
r'(25 years). There will be no prepaymen~ penalty on this Mortgage Note. A
~ ,$5.00 late fee will be charged the Mortgagor if he is ten (10) days past due
'on his monthly mortgage payment.
~ 'In ~_2 months or before, the Mortgagor may pay an additional $10,000.00 which
`will be deducted from the principai balance of the mortgage and a new mortgage ~
wi 11 3~ ~ ~tw~:~~~e.oo~~~~ ~~r»r~«e.~K«~w ~~~~°~n~~. ~~~r~~? ~~a~xc~.a~+.~:.
~ 1 TA~ m+k~rs srd ~ndws~rs d this no~~ furtlw ayr» ro wa~v~ d~m~nd, nol~u d noo-paym~nt ~nd prot~st, and in fM ~wM wit sha~l b~ brouyht tw tht
~ ~ cotlection Mrwl, or tl» sanw hu to ~d upon d~ms~+d d an ~torn~Y, Io piY rwson~W~ attan~/a (MS ta nrkinp wd+ coli~ctan. All psY~s bar
~ und~ sh~tl bwr idrat a1 fiN rst~ ~:~~.D~rceM Dp ~nnum iran rrsturifY until p~id. This no1~ is s~cur~d by a morlysp~ d~wn dat~ Mr~wilh snd is ~o
be consr.wd ~nd adac~d accordinp to ~M bws d th. 5~~~ d Flor~ds: upon ddwl~ in th~ p~y~nt d princip~l aodJor intM~st wha~ dw, tlw whob wm d
a
~ p.inup~l ~nd int~rsst r~nsininy unpiid sMll, ~I 1M oWion d tM hold~rs, oecoaw imm~d~tely du~ and paysbt~. Failur~ fo ~a~cis~ lhis option shsll not consfitul~
~ s waiver d ~h~ ripM to ~x~rcis~ tM s~ene in ~h~ event d wbs~quen~ de(wit.
~
~ 1 Placido L. /s/ Richard Flanzbaun, Trustee _~sE~u
o~r~w. ane........................... . g
s S anish Lakes River Front - C ~ g
r. Z~ . . . . . .......Trus.te~e........
s P ~s~ Richar$~~a~n~ibaum ndividu~~
- Por~...S~t~: ~-~i:ucie..._..~lorida - 33~+5~ % .......t..--~----.....--~--._......--
~ i ' Richard~Flanzbaum, Individuall
o. wch al+.r plscc u shall b~ .y-..(SEAL) :
~ d~siynaled by tM holder d Ihis ~ (SEAI)
nof~ in wrifin~. .
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