HomeMy WebLinkAbout0558 ~0 !he aam~. fogefhei u?itti f~e ts~er?unls, herodltamenb aru~ appurfe- ~
~ances IRereto 6elon~ing, and Ihe ?ents, i:sues a~d pro/ils thereol, unto Ihs mortgngN. ln.~se stmple.
~11111 ti~e muitgagor covenanta wttl~ the mort9agee fhat the morteaeor ti indejeasibly sstsed o/ snld
land tn ~ee simple; Ihat tbe mwt9a9o~ l~at good 'ight and !aw)ul aulhorily to co~wy said Iand w a/on-
saic~; f~at I~e mo~tgagor will mn~e tucti ~url~er assurances fo p~rlecf t~e Jee :imple tttl~ to iatd land in !h~
mortgagee as may ?eaaona6ly be requtred: ehnt ~he n~o.tA~o. h..eby (u!!r wnrrantt t6e tltb to satd land
nnd will de%nd the aame agai?ut the Iawful clatms o~ all persons whor~uoever: and tl~a! satd land ta jrw
a~d cl~~ oJ all encum6r~ances exeept the firat mortgage referred to above.
- ~ ,
~V~ ~~~s~ that i~ saitl mortgagor sltnll pay unto said nwrtgagee t~e certain pnon~ts- .
sory note hereinalter subsfantia~~y copiec~ or ic~entijiecr, b-wit:
~
s 46 , 706. 7 5 Fort Lauderdele, Florida January 2', ~ 1978 -
On or before one year_______________ '
-++ext after date W e promise to pay to the order of
Whitestone Investment,Inc., A Florida corporation,
Forty-six Thousand Seven Hundred Eight and 75/100----------- ~
~LLARS !
e* 2832 N.E. 38th Street, Ft. Lauderdale, Florida. -
. . FOR VALUE RECEIVED, witb interest irom da te At the rate of -15- per cart per
< _
r ennum until paid; said interest payable annua llv. _
o '
-~~r The undersigned makers reserve the right to pre-pay this note in part
~ or in full in advance without any penalty provided interest at ten
E ~>`o per cent per annum is paid on the a~nount of such advance payment for
E ~oo the remainder of the one year term of this note.~
~ ~ ~ S This note is a~ additional collateral note further securing the
~ Q r original loan on the first mortgage to Ra1phW. Leonard as the same -
~ is recorded in O.R. Book 222,page 2b81,St. Lucie County records.
xow. .bonla k becom. b oon«e a~it .a. .a .lto~ae~. ~tbu ote~ ..ieebsr make. .orea. s,ur.~or ar mao.xr a. tLi. eoe..
k+~M ~DK b Ph? dl owts~d~iaq belors ~nd ~hr
}~mmt, Eoeladln~ s resamsbis sqwae~~ fet. =!'M dnre+s. supreaK~a.e
atta*an~ors or mdoraas
~ coil~era~t ~ b
s~ewr~tthk~iot~~witLoat~~aotiw~isd~
~ m nd
rd~o~ o~~r ~
liab~llb tl~aeo~.d
~ T'his note is secured by an additional collateral mortgage encumber-
ing the same land as is nw encumbered by said Leonard mortgage. ~5~~
Atlantic Investment Corp. ~ a Fla . corp. g
By ~ and as frusteey ~ n iv~ic~ua~ y
~ . . . .
~ B s e' eve opme~ , ~c. • Grace . e ~S~~
" Y-~-~~--She ~~-~Q-~ ° - - _ (SEAL~ _
~ ~ • • ~ Pres ident '
~
~
~
s
~ - ' .
~
~ '
~ ,
~
~ - ae~n ;
~ BOOK JV~ PACE 5~ ' f
~ , . ~
~ ~
~
. . . _ . _ . . S
N ~
~ y,~,,~ ~'"'Z ~ x' ~ ~.y~ ~ ~ ~
_ _ ^'~c~~~~'~~~~ . - ~ 4 ~ `