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HomeMy WebLinkAbout2743 ' ,i t} i ~o ~iaue and to Mold the same, together with the tenements. heredifamenls and appu?le- i ~ IIa/1ceS fhPlPIO {,elonging, and the rents, issues and profits thereof, unto Ihf mortgagee, frav.fge simple. ~ ~ ? i` ~ i ~nd the mortgagor covenants with the mortgagee that the mortgagor is tndejea:t6ly seized of said ~ land in fee simple: that the mortgagor has good right arid Iawf uI aufhorlfy to convey said lartd as of ore- E said; that the mortgagor will make such f urfhe~ assurances to perfect the fee simple title to said Land in the j~ mortgagee as may reasonably 6e required; that the mortgagor hereby /idly war?ants the title to sai ` d Land !i arui will defend the same against the lawful claims of all persons whomsoever; and ghat said land is /ree ! and clear of all encumbrances EXCEPT taxes subsequent to December 31 , 1978 . ~f~ !f ~ l ii ~i _ ' - ~ _ - ~rouided always, that if said mortgagor shall pay unto said mortgagee the certain promis- sory note hereinafter substantially copied or identified, fo-wit: ?~ow~oAStr sots waMCO sortw tw 6 8 280.00 Ft. Pierce ~ ' /9~'~'iC , ~ ,Florida . la 79 } FOR VALUE RECEIVED, the updersianed, (jointly and scverallr, J more than one) promises to par to HOLIDAY PINES, a Florida General Partnership order, ;p tbt manner hereinafter apecitied, ~c principal stao d EIGHT THOUSAND TMO HUNDRED EIGHTY AND NO/ 100 - - - - - - - - /100 DOLLARS (a 8 , 2 8 0.0 B iptawt !rasp dace at the rated 8 . S 0 p~ opt. pit annum op the balance from tract to font rema,nrr?a unpaid. ~c 'aid principal and fat:rest shall be payable is Iawtul rpopep d the United States d America at 15 0 0 0 Highway S 4 Wes t ,1 r y h 111 s , F i a . 3 3 5 9 9 or at web place as mar bereatter be designated br written notice from the holder to the make hereof, op thr date and ip the aunnet foUowips: r Payable in Ninety-six (96) equal and consecutive monthly ~ .installments of ONE HUNDRED NINETEEN DOLLARS AND 17/100 (6119.17) including principal and interest. First payment beginning sixty days frog date hereof and monthly thereafter ' ` until said principal and interest due-thereon are fully paid. ~ I i ~ r THIS NOTE MAY BE PREPAID IN PART OR IN WHOLE AT ANY TIME WITHOUT PENALTY.' ! 4 Borrower shall pay to the note holder a late charge of four (4X) percent of the monthly installment not received by the note holder within twenty (20) t days after the installment is due. ~ 'a This note with interest u secured br a mortgage on real estate, of even date herewith. made br the makes hereof ip favor of the said payre, and aball be construed and enforced according b the laws d the State of Florida. a If ddauk be made is the garment d gar of the suau or interest auntioned 6ereip or ip said mortEast, of ip tIu pertormana at :say of the a~reemepb contained herein of ip raid aprtsasq then the eptirt principal sum and acuued interest shat! at the tqp of tbt • hoidtr hereof become at oaoe due and ooDechble without aoticr, ti?pe d the wenee; and said pnncipal wm and accrued interut ehail both bear interest from wth titre until paid at the biabest ratE aUowa k under the laws of the State of Florida. Failure to exercise fi;ir option shall pot oopstitute a waiver d the right to exercise the same ip tbt event d espy ~subrequeat default Each peaces liable Berton whether maker or endorses hereby waives preaeatmept, protest„ ratite noticed and notice d dis- honor and agrees to pair all toots, including a rcasornabk attorneys fee, wbetlter nut be bmu bt or i ;:creunder, ar under Bard mortgage, counsel shaD be em Ikct a °O6 after maturetr of this rate or default ~ pbytd m eo this rote or to protect the security d said mortgage. Whenever used hueip the terms "bolded', "mater" and 'payee" shall be cgnatruedw the si tar or plural Fs the context may require a admrt _ ~ Maker's Address ,1C_ / l __CI.(-r~' _ ~ i _ (SEAL) ~ RO RT E. MAIER I 212 E. 9th Road _ F3road Channel, New York 11693 --(sE~f ' _~-w j1..~~C~,,..._. ...................._..._...._..............._.......-........................(SEAT., I C2Q~3o~ ~„;,;2"143 MADLEN MAIER _(SEAL) I 1