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TO HAVE AND TO HOLD tbe a~?me to~ether witb the tenementa, hereditamenta~ wd
appurtenancea~ unto the sald Mort~uuQee
S, and t he i r ~ heirs and a8si~na, in iee simpte.
AND asid Mortga~or tor itaeli aad iros aucceasors. legal representativea and asaigns~ doth
covenant with aaid MortgaQee S, t he i r- beire, le~al repreaentativea ~?nd s~eaigns. that
esid Mortgagor ia indefeaaibly seized o! said lsnd in fee simple; that the eaid Mortgagor hath
tull power and lawinl right to convey eaid land in iee aimple aa aforeaaid; tbat it aball be ~
lawiul !or aaid Mortgage~., t he i r heira. legal representatives and asaigna, at all
timea pesceably an~ quietly to enter upon, hold~ occnpy and enjoy said land; that said lsnd is
iree irom all incumbraucee; thst said Mortga~or, its succesaors and legal representativea, will
make such further asaurancea to pertect the fee simple title to eaid land in asid Mortgsgee~,
their ~,eirs, legal repreaentatives and asaigns, as maq reasonably be required; and that
said Mortgagor does hereby iully warrant the title to said land and will defend the same
against the lawfnl claims o# all pez~ons wbomsoever.
PBOVIDED ALWAY3, that if eaid Mostgagor, ita euccessors, legal representatives or
asaigns aball pay unto the esid Mortgagee~ t h e i r legal representatives or sssigns,
the certa3n promissory note_, oi which the following . in words and figures i s :
true cop y to-wit:
lNORTGAGE NOT~
RAMCO FOpM ~ •
i 140,000.00 For~ Pierce
. Florida
FOR VALUE RECEIVED ehe undeni ned ~`'J-' ~A•" ~ 19 g
. g ~(juintly and xverallp, i( more ~han one) prom;ses to pay to
SAbfUEL J. SCAUZZO and LELA C. SCAUZZO
ch~ principal s~~, ot One hundred and forty thousand---___ '°r ora«, ;n ch~ manner hercina(ler s~~;t~~d,
(i I40 000. ------------OO /loo DOLt.,~?RS
, ) with inerrest from date at the rate ot 7 p~r c~nt. p~r annum on the balance (rom time to time remaining unpaid. ;
Thc said principa! a~d interest shaU be payabte in iawful money of th~ Unitcd State~ o[ America at .IO733 Leebur Drive,
5t , I+Olll S~~1~0 . 63128 or at such place as may hercafttr b~ d~.ignat~d by writtrn notice from the hold~r to the makrr h~reof, on
the date and in th~ m~nner following; ~
239 paS~ments of $848.14 plus a balloon payment of (
~124,952.96 on the 240th paS~ment. The first such payment shall be due
one month after the above date and continue each month thereafter for ;
239 months. '
This note may b~,pre-paid at a*~y time after
December 31, 1978 without penai~y.
This note with int~rtst is ucured by a r.?ortgaqe on r~al estate, of e~•~n date herrwith, made by ih~ maker hercof in favor o( the iaid
~,ayee, and shall be consttued and en(orccd according to the laws of thr State of Florida. The terms of said mortgagc are by this rrference !
made a pan her~ot.
. t
• 1( default be made ia t}ic pa}~nent of any o! the sums or interest mentioned h~rein or in said mortga¢e, or in the pcrform~nce o( -
any of tbe agreem~nts eontained hereio or in uid mortgage, then the entite ptincipal sum and acuued inter~st shal) at the option of the (
hold~r hereof lxcome at once due a~d. colleciible without notiee~ time being o( the essenet; and uid principa) ~um and accru~d intertst
shall both bear inter~st from suth time antil paid at the highest rate albw•able under the laws of the Sutc o! Florida. F~ilure to cxercix
this option ahall not constitute a waivet of the right to exercisc the same in the cvent of any ~ubxqucnt default
Each person liable hereon whether malcer or endorser~ h~reby waives presentment, protest~ rwtict~ notice o[ prot~st and notice of di~-
honor and agr~es to pay atl costs, inciuding a rcasonable attorney't (ee, N•heth~r suit be btought or not, iJ, after m~turity of Ihis note or de(ault
hueunder, or undet uid mortgage, counsel :hall be employed. to colkct this note or to protect the security ot said mortgage. I
Khenever uud herein the terms "holder"~ "maker" and "pay~e° shall~nstsu~d in the ssngulac or plunl a~ the conte:t mar '
rrquir~ or admit. ~
B~-'....... ~r r. ~
\fak~r's Addr~ss . - 1. . .r --~SEAL) ~
Presicient ~
Biltm.ore o~'~~or~.tion_of.. Fart... ......SsF~L> >
333 North U. S. 1 Pierce ;
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. Ft.. Pierce...Flarida 33450 . . . _ _ . At test.___ c~ - .C~ -.-_.L . . . . . ...(SEAL? ;
- Secretary ~
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