HomeMy WebLinkAbout2896 1~AVt l~ W the same, foyelher Wtlh fhs feMmenfs, htredtfamenls and appu?le-
nanc-es]]~~~hrrer~~e~o Gelonging, and the rents, issues and profits thereof, unto the mortgagor. to fee simple.
Ti1~11 the mortgagor co~~enanfs with the mortgagee that the mortgagor is tndrfeasibly seised of said
land in fee simply: that the mortgagor hos good right and lawful authority to convey satd ?and as afore-
said: that the mortgagor wi~ such ~urfher wsurances fo perfect the fee simple title fo said land In the
mortgagee as may reasonably 6e required; that the mortgagor hereby fully wamanfa the title to :aid land
and will defend the same against the lawful claims of all persona whomsoever; and that said land is free
and clear o/ all encumbrances except taxes subsequent to December 31, 1978,
and that Mortgage from Florida One Construction, Znc., a Florida
corporation, to First Federal Savings and Loan Association of
Fort Pierce, dated January 29, 1979, recorded in ORB 303 at page
766, public records of St. Lucie County, Florida, in the original
principal amount of $28,400.00;
COU~ded always, that if said mortgagor shall pay unto said mortgagee the certain promis-
sory Hole hereinafter substantially copied or identified, fo-wit:
YKVL~i1~JVKI riV1L
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$ 3,600.00 Stuart , Florida
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FOR VALUE RECEIVED, the undersigned, .jointly and severally, ~
PROi+~IISH TO PAY t0 the order Of FLORIDA ONE CONSTRUCTION, INC.
the S11II Of THREE THOUSAND SIX HUNDRED AND NO/100----------- D LL Sat -
2050 Griffin Road, Fort Lauderdale, FL. 33312 , Or suc Ot er place a5
t e o er hereo may esignate in writing, together with interest
from date at the rate of ten (lo$) $ per annum on the _
unpaid balance until maturity. T e sai principal and interest
shall be due and payable as follows: ~
In monthly installments of FORTY SEVEN AND 58/100 DOLLARS ($47.58) including -
~ principal and interest, commencing on the lst day of July 1979, and
continuing on the 1st day of each and every month thereafter until the
1st day of June , 1982 at which time the entire balance of principal
and interest then unpaid shall become due and payable. Each payment is to
~ be applied first to interest and the balance to principal.
~ PREPAYMENT IN FULL OR IN PART MAY BE MADE AT ANY TIME WITHOUT PENALTY.
~ THIS NOTE IS SECURED BY A MORTGAGE ON REAL PROPERTY IN
ST. LUCIE COUNTY, FLORIDA. 1
Documentary Stamps in the sum of $ 5.4o have been
affixed to the Mortgage and cancelled.
r - ~
3 IF DEFAULT be made for - t~ days in the payment of any s
installment of principal or interest or any part thereof, the
s whole sum then remaining unpaid with interest shall at holder's
option become due and payable without notice. Failure to exercise
such option shall not constitute a waiver of right to exercise the
same in the event of subsequent default. After maturity both
principal and accrued interest shall bear interest at ten(1o) $
per annum until paid. The makers and endorsers of this no e r
~ further waive demand, notice of non-payment and protest. If this
note is not paid at maturity and the same is placed with an
attor:~ey for collection, the makers and endorsers hereof agree to
pay all costs of collection, includin a 1 ourt costs and s
reasonable attorney fees.
Maker shall have no personal li it o
Note and Holder shall look toQ tie
+~t _ A ` t ~
sole security for payment. gO~K ~ PA~Er./ 93 6
fl ROBERT F.McROBERTS, JR.
!I ~