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li ~~V~ ~ L~ I~e same. toeether with fhe fo~enta~b. ~e?editawi~nh and appurfe-
nanc•es Iherefo F~elongln{~, ancl tl~e rc~nb, bsues ona pro~ifi fhereof, unfo I~s mortgage~, (n ~ee timp~e.
~il~ t{~e mortgagor coi•enanls wifh the mortgngee f~a! fhe mortgngor tt tnde(eoaib~y setzed o~ aaId
~and in ~ee simp~e; Il~af f~e mortga{~o? tias good ?tght and law~u~ aui~ortty to eonvsy_ sald lw~d ai a~ort-
said: ~hat ~he mortgagor w(II moke auc1~ ~urther wsurances to perjrct tl~s ~ee sinipl~ fit~e to satcl Iand in the
morlgagee as moy rensona6ly be ?equt?ed: ~hat tl~e mortgogor htro6r /ullr warrunti the tttle Io sa~d land
and u~ill deJend fl~e seme agatn~! the law/ul cleinu o( all peno?u wl~omsotver and Il~at iatd land ia /ree
and ~Ipar o/ all encumbrances except taxes subsequent to December 31, 1978 and
subsequent years.
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+ ~~V~~ 7UWays~ fhat iJ said mortgagor shall pny unto aaid mortgagee tke certain promtt-
~ s nofe hereina ler su6at nti ll co i or i n''
o~? J a a y p ed de li(~ed, ee-w~t:
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oA~6AGE NOT= RAMGO FORM 8~
i i, 500. 00 Ft . Pierce , Florida ,
~f~c...,~, . t9 79
FOR VALUE RECEIVED. the undenigned. (jointly and rcverally, i[ more than one) promiset to pay w
t~OLIDAY PINES, A Florida General Partnership
~ or order. in tbe maaaer hereindter ~pecitied,
pr~ncipal ~um ot THIRTY THREE 1~l0USAND THREE HUNDRED AND NO/100---------------- ~1~ ~I'LARS
i.i, 300.00 ~pter~at irom daee at tbe nte o[ $.OQ per cent. pu annum on the balance trom time to time rcauiains unpaid.
said principsl :nd intuest ~all be papabk in lawful money d the United Sutes of Ameriu at 1S000 HighwBy 54 WeSt
i i I S, Florida or at such p{scc as msy hcs~att~r be desisnatcd by written notia trom the holder to t6e makcr hereof. on
.?~u and in the manner folbwina:
Payable itn Ninety-Six (96) euql and consecutive monthly
' installments of FOUR NUNDRED SEVENTY AND 75/100 DOLLARS
; ($470.75) including principal and interest. First payment .
F beginning sixty days from date hereof and monthly thereafter
~ until said principal and interest due thereon are paid in
~ full.
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~ This note may be prepaid in part or in whole at any time ~
~ without penalty. '
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; Borrower shall pay to the note holder a late charge of four
~ percent (4$) of the monthly installment not received by the
~ note holder within twenty (20) days after the installment is
~ due.
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; This note with interat u ucured ~ a murtgaac on rul dtste. of even date hercwith. made br the maker bercoE io faror of the iaid
~ ::ayee, and a6a11 be construed and enforce accordins to the IsMrs of t6e Sate o[ Fiorida.
d
~ I[ default be made in the payment of aar,o[ the ~was ~ intuat mentioned hereie or in said mortsaaq or in the per[ormance of
~ ,:ny of the a~reeaunts tontained herun or in +a~d awrt6a6e, t6ea tbe entire prinupal ium and acuued interest shall at t6e optioa ot the
nolder hereo( becom~ at oace due aad oolkttibk without notioe. tuoe beins of the esrence; and said prinupal sum and accrued interett
€ ~h~li both beu intercit trom wch time unW paid at t6e hiai~at rzte slbwabk under the lavn of t1?e State of Fbrida. Failure to c:ercise
~ :ni~ option shall uot conuitute a waiver of the ng6t w eurwe the same iu the event of any sub~9ueat defaul~
Eacb person liabk hereon whetber mal~er or endorser, herebp ~?aivea presen•.meny protat, notice aotice ot protest and aotice of dir
~ ho~or and aared to pa1 all co+~s, indudin6 i na~°nsble attorner'~ fee, whether tuit be brousht or not, ir, a[te+ matuntp of t6is note or de(ault
~ t:r,eundu~ or uuder ~aid mortgase, coua~d shall be empbTed to colket tbis noee or to proeect the ~ecuritr oE said mortsaae.
~ Whenever u~ed 6erein the term~ "hoWer••~ ••maku" and "p=l'~e" shall be oonswed io t6e sin6ulsr or plural as the contest ma~
~ rrquire ot sdmi~ .
Makv'~ Addrcas ~~_..ALBERT..B....EINGIS
...........................•--...---•---------•.._.(SEAL)
~ ALBERT R. PINCUS ~
, _.(SEAL)
: s/ ALVFRA D. PINCUS ~ ~ ~ ~
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x ....................~-•.Qr~l...~~..~.....~--..._......_.. ""ALV~IZA"..~.....PINCUS ~ ~
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