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HomeMy WebLinkAbout0332 . 1:: _ . . - . ~ 7~ IZiW~ ~ W I~s aame, togef~er u~ttti ftie Ionvm~M~. ~~r~itam~nla' ~nd appu?te- nances therefo belongi~g, and Ihs renb, issues ona pro(its tl~ereof, unto t~~ mortgagw, tn ~ee simp~e. IH~ ftie mortgagor co~enants. with the mo?lgngee Itin! fhe ntortgagor 1a tnd%n,ibly setzed o~ satd land in /ee simple: tl~at the morlgngor I~as good ?ight and lawJul auihorily to convep safd land at a~oro- said: fhat the mortgaeo~ wtll make suck Jurfher asswanres to pe~.~ tF?i~ !et iitnple Ntlt fo aaitl Ian~I in ths mortga9ee ns may reosona6ly 6e requiml; ihot !1~ mortgagw 1~..,.6y /ully warrants il~e lttle to said land and u~ill deJend the aame agatnst tl~e Iawjul clainu o/ al! penona wkonuoever and that iatd Iand b jne antl clear o/ aI! encum6rances EXCEPT taxes subsequent to December 31 , 1978. , • . . i f ~ , j~~~~~ i ~~V~ TI~W~s~ t~at if saic~ morlgagor shaU paY unto sak~ morfgageo the cerlain promts- ~ sory note tiereinajter s~bs~an~~allr ~o~t~d or i~(entiji~, to-wil: . . - - MOMTGAO[ NOT= 11AMC0 ~ORM ~ t 7, 650. 00 Ft . Pi rce .~d~ ~v~ . ~9 79 i FOR VALUE RECEIVED~ the undenianed, (joindy and severaUy, if more than one) promua w par to : HOLIDAY P~NES, A Florida General Partnership ~ , or orda, in tht manner l~ereinafler ~pecified, , ehe printipal sum ot SEVEN THOUSAI~ID SIX HUNDRED FIFTY AND NO/100--------- .~100 DOLLARS ( i 7, 6 S 0. 0 0 Mrit6 interest from date at the rau d 8. 2 S PU ccnt pa annum on tLe balance tran time w time remaiaina unpaid. Thc said priacipal sad interest ahall be pa~rabk in LwIW monep ot the Uniud Statn d Ameriu at 15 0 0 0 H i gh w a y S 4 W e 5 L n~' y h 1 1 1 S, F 1 o r i d a or at such plact as may hereafter bt designated br written aotice (rom tbe holder W the maker hereo(~ on :~c ~_:e and ia the manner folbwins: Payable in Ninety~S~x (96) equal and consecutj~ye ; monthly installments of ONE HUNDRfiD NINE AND 12/100 ' ' DOLLARS (~109.12) including principal and interest. ; First payment beginning sixty days from date hereof ~ and monthly thereafter until said principal and ~ ~ , interest due thereon are paid in full. ~ ~ I This note may be prepaid in part or in whole at :3 j any time without penalty. ~ ~ ~ ~i ~ Borroxer shall pay to the Note holder a late charge j of four percent (4~) of the monthly installment { E nort received by the note holder within twenty (20) ~ i days fro4 the date installment is due. ' ~ ~ ~ ~ - ~ ~ Thu note wit6 interat u ~ecured bp a mortgage on nal estste, oi evee date herowith. made br the maku 6ereo[ in (av~or of tbe uid t i ;~~y~e, and s6at1 be construed and tntotted accordins to the laws of the Statt of Fbrida. ; ' I[ dclsult be made in tbe rmeut ot anr oI the suau or intaat mentioned 6enin or in aid mortaase, or in the performaaoe ol i,~ ; any ot tlu a~rame Afj OOOfi1DCd ~erew or iu raid mortaaae, thea tbe tOt1t! p~1AUp1I sum and accrucd intercst s1uU at the option af t}u i~ ~ holder hereot becoa~e at onoe due and collecvbk witbout aotic~ time ~ of the es~enoe; and saidpn acipal swn aad accrued interut shaU both bear interest irom auc6 time untl paid at tLe 6ia6est rate albw le under tbe larvs of tLe Sute d Florida. Failure w esercise t ch~a option s6s11 aot consrituu a v+aiver oi tbe riaht to exercix tbe ume in tLe eveat d anr suMequent defauh. ~ S EacL perwn liab4 hereon wbethv mater or endoner~ 6ueb~ r+aiva praeatmeot, protest, notice notia ef protest and notice of dir ` honor and aarea w pa~r aII costs, indudina s naionable atwrne~i fee, whether iuit be brought o~ not, i~, aftv matunt~r of this aote or ddauh ~ n c~reunda, or nnder sa~d mortgase, ooun~d ~a11 be emplored w oolkct ehis note or w protect ehe securiq o( said aeort~ase. r Whenever wed herein ehe terms "boWer", "maka" and "Wlee" ~ha11 be conswed in tbe unsular ar plunl at tl~e oontact mq i rct;uirc or sdmit. . ~ ' Maker'~ Addreu ~ _(SEAL) l ~ ' ~ ...............~SEAL) ' ~ i ............_.._(SEAL) s : 0 R nA A AA~ '