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HomeMy WebLinkAbout1851 i 3 4 ~Q ~1( AID ~ the same, together with the tenements. herditaments and appu?te- 1 nancea thereto 6ebnging, and the rents, issues and pro(tta ths?eo/, unto the mortgagee. in /e. simple. the mortgagor rnvenants with the mortgagee that the mortgagor is indefeasibly seized o/ said land in fee simple: that the mortgagor has good right and lawful authority to convey said land as afore- said; that toe mortgagor will matte such further assurances to perfect the fee simple titb to said land in the mortgagee as may reasonably be required: that fits mortgagor hereby fully warrants the title to said land and will defend the same ngairtat the lawful claims o/ all persons whomsoever: and that said land to free and clear of all encumbrances except taxes subsequent to December 31, 1978, t I F 1 I i ~ulli~l~ W1L111~sr that if said mortgagor shall pay unto said mortgagee the certatn promle- gory rtofe hereinafter substantially copied or identified. to-wit: M ORTOAat NOTt RAMCO FORM 6~ _ s 10 , 9 8 0. 0 0 F Pierce .Florida . ~.L a ~ Is79 FOR VALUE RECEIVED, the undersigned, (jointly and xverally, if more than one) Qromixs to y w . HOLIDAY PINES , A F 10 r Y d a Genera 1 P a r t n e r s h l p~ m order, in the manner hercinaf ter specified, the principal sum d TEN THOUSAND NINE HUNDRED EIGHTY AND NO/100--------- /100 DOLLARS (i 1 0 , 9 8 0. 0 T) with iutcrsst [ran date at the rated 8. 0 0 pt1 cent. per annum on the balance from time to time remaining unpaid. 'I~e u;d pnncip~l and interest shall be payable in 4wfu1 money d the United Stata d America st 1 5 0 0 0 Highway 5 4 W e S t h r y h i 11 S , F 1 a . 3 3 S 9 9 a at such place as may hereafter be designated by written notice [mm the holder to the maker herco[, on j the date and in the manner [ollowing: - Payable in Ninety-Six (96) equal and consecutive ~ monthly installments of ONE HUNDRED FIFTY FIVE AND 22/100 DOLLARS (6155.22) including principal and interest. First payment beginning sixty days from date hereof and monthly thereafter until said principal and interest due thereon are fully paid. ` S THIS NOTE MAY BE PREPAID IN PART OF IN WHOLE AT ANY TIME WITHOUT PENALTY, j 3orrwer shall pay to the Note holder a late charge of four percent (4~) of the monthly installment not received by the note holder within twenty ~ (20) days after the installment is due. , t This note with interest is xcurcd b7 a mortgage on real estate, of even date herewith. made bT the maker hereof in [avor o[ the said ;,ayee, and shall be construed and en[orced according to the laws d the State o[ Fbrida. I[ ddault be made in the payment d any d the sums or interat mentioned herein ar in said mortgage, or in the per[ortnance d anp of the a ements contained herein or in raid mortgage, then the entire prinupal sum and accrued interest shall at the option d the h~Idrr henw[ become at once due and rnlkcuble without notice, time beinngg o[ the esxnce; sad said principal sum and accrued interest shalt both bear interest from such time until paid at the highest me a0owabk under the laws d the State d Florida. Failure to exercix th:s option shall not constitute a waiver d the right to exercise the saate in the event d soy subsequent default. Each person liable hereon whether maker or endorxr, hereby waives prcxntment, protest, notice notice d protest and notice d dir honor and agrees to paI all costs, including a rcasonabk attorney's fee, whether suit be brought or not, i{, after maturity o[ ehu note or default h-rounder, or under uid mortgage, counsel shall be empbyed to collect this note or to protect the security d said mortgage. Whenever used herein the terms "hoWer°, "maker" and ..paYre.. shall be tonswed in the singular or plural as the conic:t may requ,re or admit. Maket's Address s1- -,l__llllL.IAI>{...A.....OL N 111 ....................................(SEAL) .fU1.IAN A. OLM . • ..............(SEAL) s/ ELSIE B. OLM NS N ..............(SEAL) ELSIE B. OLMANSON ............................:......................................................(SEAL) . BGRr J1OrAGt 1849