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10 n~lYt t1~~ same. logstl~ar wttti ths ten~m~nl~, h~fam~nta ond a~rpu?te-
nnnces t~ersfo 6elonging, anc~ 11~s renli, i=tuvs and pro~it~ tti~reo~, unto fhe mo?tgagN. in ~N ~Imp~.
~ 1{~e morfgagor couenants wilh f1~e morfgages f/~n! fho eno?fgagor is inde/.a,ib[y a~Izec~ o( satd
land tn (ee simple; lhat Ihe mortgagor has good ~ight and Iawjul autho~ily to eonaeq inid land o~ ajon-
. said; fRat fhe mwtgagor will mnke auch /u~fl?~~ auwnncfs lo psr(rct tht (t~ tirnp~ flt~ to aotd tond in
moAgagee cu may reasona6ly 6s ?equtred: t~a! !~e ~nortgago? k.~.6r /uUy warmntt tk~ fit~ to sald land
and wtll de%nd ths iame aeairut the bw/ul clalma o~ all person~ whomao~vK: and tkat aaJd land ta /n~
and clear oJ all encumbnances EXCEPT taxes subsequent to December 31 , 1.978 . .
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~COUIl~ ~lU~S, iha~ . i/ ,md ,I~U ~y w~to ,atd moN9~.. el~ ~e.eatn ~a-
+ sary nole hrrginafler su~slr.ntFally ropEr~ ar t~r~ttltat~. !a•tvit:
Moq7GAGE NOTi 11AMC0 iORM p
7,290.00 Ft. Pierce ,Ft~;d,
~~~a,~, / 1, t9 7 9
FOR VALUE AECEIVED, ~he undeni6ned. (jointtp and ~everally. 1( more than one) promises w pay to '
HOLIDAY PINES, A Florida General Partnership ~
~ ar orda, in t6e maaner hereina[ter specified;
~ principal ~um ot$EVEN THOUSAND TWO HUNDRED NINETY AND NO/100=------- ~100 DOI'LARS ~ '
' 7,? 9 0. 0 0~ with intenst tran date at the nte of 8. 2 S P~r uot per annum on tLe balance lran time to dme reauiruas uapald. 4
,e :aid principal and interen shall be payabk in IawfW moner of the United Stata ot Ameriea at 1 SQ00 Highway S4 W@St '
y h i 1 1 s, F 1 o r i d a or at sucb pl~u as may hereafter be designated br written notice (rom t6e 6older to tbe maker hereo(, on ~
~ dace and in tbe mannet [ollowina:
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~ Payable in Ninety-Six (96) equal and consecutive j
monthly installments of ONE HUNDRED THREE AND 99/100
~ DOLLARS (~103.99) including principal and interest. t
First payment beginning sixty days from date hereof ~
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i and monthly thereafter until said principal and
; interest due thereon are paid in full. ~
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~ This note may be prepaid in part or in whole at ~
any time without penalty.
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Borrower shall pay to the Note holder a late charge
of f.our percent (4$) of the monthly installment not
~ received by the note holder within twenty (20) days
~ from the date instal7ment is due.
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~ Thii note witb iaterest u ucuredb~r a mongage on real estate, of e~~ea date herewith. made bv the maku bereoE ia favor of the uid ~
e e, and ihaU be wastn~ed and entosced ucordina w the lavrs of tl~e State o( Fbrida. '
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~ I( default be aude in tLeps~ ymeat o[ aay d the sunu ot ioterest me~tioned 6ereio or in said mortgaae, ot in the pedormance of ,
~ y~ ef thc a~rltA1lO4 COQl11Md Dueia or in uid mortaaae, tl~ea t1?e entire principal wm aad accrued iaterc:t ~hall at the option ot tLe
~',;-r hereof become at once due and colkcubk without notice, time bein~ d the cuence: and uidpr incipi! sum ar~d accrued iatercst
~ii boeh beu interest irwn sucb time unt~7 paid at tLe hiahat nte albvrabk under the 1aM?s ot the State oE Fbrida- Failure to eserci~e
, c option ~6a1! not wn~titute s waiver d tht nght to e:erwe tht aarne iu tbe cveat ot aor sub~equeat de[aWt
3 Each penoD liable 6vton whethu maker or endorser~ herebp aaives preseaaaent, protat, notice notice o[ protest and notice o[ dir ;
~::or and agred w pa~r aD coits. includins s rcuoaabk atwrne~~ fee, w6ether iuit be brous6t or not, i{, a(ter matunt~ of thu note ar dcfault •
~:c~_nder~ or under-wd mortgage, counsd sl~aU be empbyed to ooRect tLis note or a protect the securiq oi said mortgaaa
~ i~'henever u~ed bereio the terms "6older", "ma]~et" and "Wree" aball be oonstrued in tbe siaaulu ot plural ss the context ma~ y
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iuirc or admtt,
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