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HomeMy WebLinkAbout2564 a< ~ ~ WiV~ ~ `0 )<W~~ the same, together' wtlh the fenemertl~t. heredilateits~ n~~d appurte- ~ rtances Iherelo hPlOllg111g, artd fhe rents. issues and profits lhereoJ, unto fhe inoAgagee, M~ Js8 >imple. the mortgagor rnvenants with the mortgagee that fhe mortgagor is indejeasi6ly seized of said land in lee simple: that fhe mortgagor has good right and lawful authority to convey said land as a/ore- said; that fhe mortgagor will make such /urther assurances fo perJrcf the Jee simple till. fo said land to the ~I mortgagee as may reasonably be required ; that the mortgagor hereby Jully worrants the Lille to said land 1 I~ anti will defend the same against the iawJul claims o/ al! persons whomsoeusr: and that said land is /rw - ~ and clear o) all encumbrances except taxes subsequent to December 31, 1978, i - f ~ , ~l'OUtI~ ~IU11lJS, that iJ said mortgagor shall pay unto said mortgagee the cerf.tn promis- ~ spry rwt~ hereinafter substantially copied or identilied, to-wit: 1 v ]wTGAO[ tV07t RAMCO FORM aJ 1 Z , 780. 00 - - Ft . Pierce .Florida April 25 '19 79 FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to HOLIDAY PINES, A Florida General Partnership , or order, is the manner hereinafter specified, the pr;nnpal sutra at TWELVE THOUSAND SEVEN HUNDRED EIGHTY AND NO/100------ /100 DOLLARS ~ ~ 1 2 , 7 8 0 . 0 Q ~~re,t f~ date at the me of $ , 0 per cent. per annum oa the balance from time to time remaining unpaid. The uid principal and interest shall be payable in lawful money of the United States o[ America at 15 0 0 0 Highway S 4 W e 5 t r y h i 1 1 s , F 1 o r i d a or at such place a: may hereafter be designated by written notice from the holder to the maker hereof, on the date and in the manner folbwing: Payable in Ninety S~tx C96) eqqual and consecutive j monthly installtgents of ONE HUNDRED EIGHTY AND 67/100--------- DOLLARS 180.67 )-including principal and interest. F3.rst payment beginning sixty days from date hereof and monthly thereafter until said principal and interest due thereon are paid in full. . This note may- be prepaid in part or in whole at ~ any time without penalty. I Borrower shall pay to the note holder a late charge of four percent (4$) of the monthly ~.nstallment not received by the note holder w%thin twenty (20) days after the installment is due. i - ~ - This note with interest is secured b a mortgage on real estate, of even date herewith. made br the maker hereof in favor of the said ;sec, and shall be construed and enforce according to the laws of the State of Fbrida. f I( default be made in the payment o[ any of the sums or iatuat mentioned herein or is said mortgage, or in the performance of ar:y of the agreemenb contained hutin or in uid mortgage, thrn the entire principal sum and accrued iatuest shall at the option of the holder hereof become at once due and colkcubk without notice, time )icinagg of the essence; and said principal sum and accrued interest ~h s 11 both bear interest from such time until paid at the highest rate allowable under the laws of the Sate d Fbrida. Failure to exercise shu option shall not constitute a waiver of the right to ezercue the same in the event of any subsequent default. Each persoa liable hetroon whether maker or eadotxr, hereby waiva presentment, protest, notice, notice of protest and notice of dis- honor and agrees to pair all costs, including a reasoaabk attorney's fee, whether suit be brought or not, if, after maturity of this note or default t:creunder, or under said mortgage, counsel shall be empbyed to collect this note or to protect the security of said mortgage. Whenever used herein the terms "bolder", '.`maker" and "payee" shall be construed in the singulu or plural u the context may rcyuire or admit. I ~ Makers Address s ~ SAQ>iARA.-.REN.TON --(SEAL) nr .......-...............-..............-...-............(SEAL f ~ A~308 :-~~.2564 BARBARA BENTQN ~ -c ) --(SEAL) (SEAL) . ~ ~