HomeMy WebLinkAbout0322 _ _ . ,
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~t ~ W t~e same, t~ethrr wttti fhe fe~rnanH, le~recltlamenb and appwt~- ~
nances il~sreto 6sloieging, and ths renls, iasues and pro~tts l~~rooj, unlo t~e ~nortgoge~, 1~ ~~e iimple.
~ tl~e mortgcgor covenanls witk tke morteages t1~at !ht nwrt~agor it ind~/.o,+6ly ,~~d o~ iald
~nnd in ~cw simp~e: i?~nf th~ mo~fgago~ hw good ~fgl~t and ~aw~a~ autho~ily to conwp said lat~d w a(on-
said; f1~af fhs morfgagor will ma~e ~uc~ jurlher asiurancaa to ptrf~ct fht ~K sln~~ tit~ to aatd ~nnd in th~
mortgagee as may reaiona6ly 6e reyutred: that t~e mo?fgcWor h.r.by lu!!r tuananb tk~ tif~ to aaid ~and
and u~Fll de~end tl~e same neninst ths 1nu~Ju! ciaima o~ a!I p~nona w6onuo~wr: and t1~at sald land b j?e~
ond ctear o/ all encumbrnnces EXCEPT taxes subsequent to December 31 , 1978.
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~ ~V~~ ~~s~ lhat i~ satd n~tpoAor ~hau pny unto rold inwtgnge~ the certain promtt-
! sory note ~ereina~ter subsfantta~~y eopi~ or itlen!llied. to-u~it: ~
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MORTOAG[ NOTt RAMGO iORM 6~
i 7, 650. 00 Ft . Pierce •~~d~
qrp~~ `,{Y~„~. ( ~ 9 7 9
FOR VALUE RECEIVED. tbe uadenigned, (joindr and averaUy, i[ more than one) Promixs w Wr b •
HOLIDAY PINES, A Florida General Partnership
. or order, in tbe manou hereinafter specified,
che prineipal sum ot SEVEN THOUSAND SIX HUNDRED FIFTY AND No/100--------- ~1~ ~I'~~
j ( i 7, 6 5 0. 0 0 wit6 iaterut trom date at t1u rate of 8. 2 S P~r ccnt. per annum on the balance irom time w time remaiains unpaid.
~ 7~h~ wd priQ~ipa1 and intemt ~ha11 be pal~ble in lawlW m°°ep °f tbe Un~ted Stata ot America st 1 S 0 0 0 H 1 gh w S y S 4 M e 5 t ~
i p}: r y h i 115 , F 1 o r i d a p~~ ~ man c~rcatter be desigaated by writtcn notue trom tbe bolder to the maku I~erco(, oa
~ ~nc date and in the manner tollowina: ~
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` Payable in Ninety~Six (96) equal and consecutive '
~ monthly installments of ONE HUNDRED NINE AND 12/100
~ DOLLARS (~109.12) 3ncluding principal and interest.
First payment beginning sixty days from date hereof
~ and monthly thereafter until said princ~pal and ~
~ • interest due tliereon are paid in full.
~ This note may be prepaid in part or in whole at ;
~ any time without penalty. ~ ~
BorroNer shall pay tp the Note holder a late charge ~
~ of four percent (4~) of the monthly installment ~
~ nort received by the note holder w~thin twenty (20)
~ days from the date installment is due.
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~ Thu note with interat is ~ecured bp a mortgase on real atiu. of cven date herewith. made br the mal~er hereof in (avor of the said ~
~ Qayee~ aad ~ha11 be comuued and entoreed uoordina to the laws d ehe Sate oE Fbrids. - i
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~ I( delauh be made in theSpf yment of anr of the suau ar interat mentioned bercin or in ~aid roort6ase. or in the pcr(ormanoe of ~
any of the l~r
ttall~l4 COOtilt!!~ Derem ar in raid morts~ase. thea ebe entire prinapal sum aad acwed interest ahap at tbe option d t6e 1
~ holdu l~ereof becoa~e at ona due and ooUectibk witl~out notia. time= b~e'u~ d t!?e es~ence; and said principal sum and ucrued interat .
~ ihall both bear interest from suc6 time unW paid at tbe bi66at rau rab{e uoder the laws af t6e Sate o[ Fbrida. Failure to cxercise i
~hia option shsll ~wt oon~qtou a wa+va d tbe riaht t° ezerca~e t6~ Wme tl~e c~°t d any subscquent defaul~
~ Eacb perwn liabk hereon wbetber maka or endoner, LerebT ~+aiva praentmenti Protat. notice notice d protest and aodoe ot dis~
~ honor aad a~cea to pa~r aII co~t~, indudins a reuonabk snotne~~ fee, whet}?er iuit be broua6t o~ not, i~, aftu matuntp of this rate or defaWt
here~nder, or under aa~d mortsase, aoun~el ~ha11 be emploped w mDect ehis aote or w proteet tbe recuritr ot uid nwresase. ~ ~
Whenever wed herein ebe temu "6oldet", "maker" and "WTa~ rhaU be coaswcd ia tl~ sinaulat or ~iural au t4e conte:t rnq t
rcquire or ~da~i~
. IKaku'~ Addre~ ............................................._......_.__......_._....._...---•......(SEAL)
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