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~ ~0, ~UWt ~ W !he same, tog~ftier wtfti fhe tonemenla.~ hp?~ltamfnla ar~ appu?te-
nancea thereto 6p~onging, anc~ t1~e renls. Issuea anc~ pro~ifs lhenol, unfo l1~s morfAag~s, in ~N simp~e.
ZUI{I fhe morlgagor cove~anfa wttl~ ll~e morfgagee ll~at f~e mortgagor It Indej~,t6ly ,ei~d o~ satd
~anc1 in fee timp~e; f/~nt the morfgagor ~as goa~ rigl~t and ~aw(u~ aulhority !o oonvsy raid ~and os a~ore-
saic~; tl~at fhe mo?lgagor wtll ma4e iuch ~urtl~er aiaurances to p~rlRCt fhe fee itnip~ tit~e to satd ~and tn t1~e
mortgagee w rnny rewona6ly 6~ roquired: t1~ot tht mo?tgagor l~.~.by JuUy urarranb t1~~ fif~e !o satd ~and
and will deJend the same agoinst tl~s Iawjul clatma o( nU penona whomro~~sr; and elw! satd land tt /ne
and c~ea. oj al[ encum6r+nnc~a EXCEPT taxes subsequent to December 31 , 1978.
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~ ~~V~ T~i1V~s~ t/wf tj wid mort~ago~ aha~~ pay unto aaicl mortgagee f~e certain prorn4-
sory note ~ereinn~ter substnntial~y rnpied or id~ntifie~, to-wit:
r+onTGAGE MOTL ilAMCO IORM q
7, 290 . 00 . Ft . Pierce ~ Ftorlda
Apx~i 1 . ~s 79 ,
FOR VALUE RECEIVED~ the undenigned~ (jointlp and xveraDy, it more tAan one) promiset to par to
t.
HOLIDAY PINES, A Florida General Partnership ~ ~
. or ordu, in the manner hueinatta specified,
• principal ~um of SEVEN THOUSAND TWO HUNDRED NINETY AND NO/100-------- ~100 DOI'LARS
7,~ 9 0. 0 U i°te~t fr«° dak at tl~e rate et 8. 2 S pu ctn~ per annum on tbe balance from time to time remaiains uapaid. ,
; c s3id principal and interest ahaq be payabk in 4wtu1 awner of t6e United States of Americs at ~15000 Hlghway 54 WeSt
}1 1 1 1 S, F 1 o r i d a or at such place u may hercafter be designated br writtrn notice from the holder to the maker herc~f~ on
- da~c and in tbe mannet followina: . ~
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Payable in Ninety-Six (96) equal and consecutive '
~ monthly installments of ONE HUNDRED THREE AND 99/100
` DOLLARS (5103.99) including principal and interest.
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First payment beginning sixty days from date hereof ~
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! and monthly thereafter until said principal and ~
interest due thereon are paid in full.
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; This note may be prepaid in part or in whole at
~ any time without penalty. .
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~ ~ Borrower sha12 pay to the Note holder a late charge ,
g of four percent (4~) of the monthiy installment not
F received by the note holder within twenty (20) days .
~ from the date installment is due. ;
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p mortgage oa nal atate, ot even date 6erewith, made br the maker hercof in favor of the uid
~ Th;s note witli interest u ~ttured b s +
;>-z, snd ~hall be cotuwed and ent~ acaordiaa to ehe law~ d t6e Sute of Fbrida.
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~ If detault be made in thepa yment o( anr oi the ~um~ or intuat mentioned 6crein or in said mortga6e, or in the perEormaace of
3:y of the a~roemeats ooatained huan ot in said mortaase, thea tbe entire prinupal wm and acuucd interest shaU at the optioa of tbe ~
~':der hered beco~ne st once due and collecpble without notiee, time beu'~ of tbe wence; and uid principal sum and accrued intercst ~
. tli F,oth beu iaterest from tuc6 time unt~ paid at tbe 6ishat rate allowab]e undv the lawrs oE tbe State of Florida. Failure to exercix
?~s option ~all not comtitnte a waiver ot tLe ng6t w exerwe tbe same ia the event of anr wMequent defaul~ ~
~ F.ac6 perwa liabk bveoa whether mal~er or endorser, huebp waiva presenwent, protest~ notict notice ot protest and notice o[ dis-
~:ar and aarees W pa~r aA cwts, i+~dudina a nawnabk attorae~s lee, whether suit be brought or rat, iI, aftv maturitr o[ this note or defauit
:c~~r.der, ot undu ~aid mortgaae, tounsel ~hall be empbyed t~ cqUett tbu note or to protect the aecuritr o[ said mortgase. ~
~3 ti~'henever uud herein the termt °6o~du". ••maker" and "paree" sfiaU be con:wed in the sin6ular or plural a~ the context msr ,
~ ~s ire or admi~ ,
l~aker'~ Addras . .....................••-•-•--•---........-•-----•..._..._(SEAL) ~
~ . SEAL '
~ ° ~ 311 ~ 243- ~ '
{ 80~!!.' F,•v.
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