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30 ~ ~ the soave. togerlter tuilh the ttntsR~ttli4~lt~iedttoatNlel~l~ oPP~e' t
_ ttanca thsnto 6~lotgirtp, and th. rents, tunes and profit, thsnoj. ante eh. wartgag«, in f« alarwple. - _ _
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- th. ttwrtgagor oownanb with tla. twortpagee that chi tnorfQaa?ot* a irtdefeasibTp t+dtred o/ said f_
land in j« simple t~wt iJ~ mortpopar /tw good ei~hi and ~pwjul aaihaitp b oonwp said land a a(on-
said: that tits tworfpopor cull! malts such jeuther attueatrc« to peejid the sttwple title io sold lend i» the
tnortpap« as twat noaortabh b..rgeuln.d: tht the moregapor hstrsbr f
v<b? ~areaata the titb to sdd land
and talU da(end the sacra against the ltuu
f
u[ claiaw of all penonf ~Imwtaow~: and that aatd land b /ew
and clear of aU encumbroncss eXeCept that certain First Mortgage executed by f'
' Raymond B.VanMeerten and-Lon F. Parsone; to Lawrence F.Morris
r and Ethel M. Morris,his wife dated October 31,1978 and recorded
in O.R.Book 297 at Page 222 of the Public Recorde_ o~ St. Lucie- o-f
-County, Florida in the original principal amount of $11,500.00.
ALSO EXCEPT- that certain Second Mortgage executed by Lon F.
Parsons in favor of Raymond B. VanMeerten dated-February 1,
199 and recorded in O. R. Book 303, at Page 2050 of the Public
Records of St.Lucie County, Florida in the original principal
alx?ount'of $4,436.24. -
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~~s that if said tworfgagor ath~'PW~~~9ssatd,. tlta artoin promla-
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soy nee. h...inaJter sub.tanttally copied or idsntt/i.d. eo-arte::._.: , _ ,
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,ra• rnw, rY. t~a~ MMM + McMliy MAtIMw-tw~M bd.idl fEMINOt.t FORM fp
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Mortgage 1Vot~
s ~ ~ $,_SQ.Q.e.0.0. Fort Pierce.-, f+~da .September.. 13- ..._..19.79
FOR VAWE RECEIVED the undersigns! promises ro pay to the order o1 t
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........IAN _ F...-PARSONS . . . - .
Twenty Eight Thousand Five Hundred and No/One-Hundredths Wit,,, ;
tee principal sum d. _ .
together with iNaest tlnreon al the raN dtWe~VE%_....per tent per arwwm kom .._this...dats.......:.
~ntit maturity. both principal end interest being psysble in lawful Money d the United Stases. such principal sum and interest payable in instslln?ersts as Iotbws:
;,360 equal monthly payments of $293.16 with the first payment to commence on
.,October 13,1979 and a like sum on the corresponding day of each like succeedin
aperiod thereafter until the entire principal balance. is paid in fu1l.The ternasi
of this Note are fully subject to the Rider to the Mortgage securing this Note!
making this a Wraparound Mortgage Note.Any prepayment shall first be applied
:to the first mortgage and note and thereafter the second mortgage and note and
after th se etas are Satisfied the ~cemainf g aI nce shall ~ pa d tQ the
~^.older o~ th~s Note.A late payment charge o~ $i.0~ per day shall ~e added to
each installment remaining unpaid 5 days after it is due. ~
Such itutstleteM payments shall bra applied fwst to tM iroerest accruing w+de? the yrms d this note and thm to a reduction d the principal indebtedness.
1M makers and endorsers d this note further agree to wairft demand, no1Ke d nonpayment and protest, and in tM event suit shall be brought for the
collectors hared, or tM same has ro be cd4ded upon demsnd d an anorney, fo•psy reasonable attorney's fees for making such collection. All payments Itere•
u^.er s~N bear-interest a! the-rate-d--tW~l-~ceM~per~annun?hoe? Rapxity- unal_paid.-this note-is-seaKadbtr-a mortga9a-d w_
enslale herewith and is__to _ ~
tx construed and enforced sccordiry to IM laws d the Scats d Florida: sKon delsuh in the psymeM d principal sndior intend when due, the whole sum d _
pr~nc pal and interest remaining unpsid shell, st tM option d tM holders. oeconN immediately due and paysble. Failure to exercise this option shall not constitute t
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~ a ++awer d the right to exercise Ilta same in tM went d ssrbspuent dalault. t
1 Payable .t....7.02...At.li3ntic ..Avenue T mp~,~y F.... roz ---...-..-........._ISEAI) i
~~M~HY F . Q~~OZ
I Fort Pierce,Florida 33450 ,~,ul
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o. such otMr plan as shell be _ . ............(SERI)
j des~g~ated by tM holder d this i
rcte to w1 ng.
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