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HomeMy WebLinkAbout2885 . ~0 ~ th• ,ante, together tWth th• t•rtetttttt,. het~•ditatnenb and appurte- nanca th•nto bebttgtttg, and th• rwtb, t,stt,e and pro/tt, th.reoj, auto th• nwrtgag••. to j« ,ttwpl•. th• mortgagor oatrrtanb wi:it the tnorlgagee thot the tttortgo~por 4 tnd%a,t6ly wised o/ ,atd land in je• sbttple: that th• ntorfgagor ha, good rtgttt;and 4w?juI anehorit~ to cottt..p acid (attd a ajon- satd: that the tnoregagor wtU make ,tsdt jurtha? as,tsr~artcvs b perfect the j« ,ttttple tole to satd fend to ehe nwrtgage• a, stay na,onebly be requtnd: that th• mo?tgogor hpeby /nUi? tnarr~artts tlee dtte to satd tend atut wilt ddend Elte ,ante against the lawful datms of alt persons mhonuo,r,•rr and that •atd load E: j+e+ and clear of aU eneutrttxnrtcs j ~ ~5, there tj said tnatgagor ,haU ~r tutto ,atd mortgagee the c.reatn promi,- spry note heretna)ter ,ultttanttaujr eopted or tder~tljjl~, ~o.arttr - I` M011TaAat NOTt ' t i 42,000.00 Fort Pierce . Fbrida 19 FOR VALUE RBCEJVED. the uodersgoed, (jointly and seretaUy~ if more than one) promiw m pay to • ~ OSCAR T. MAIN and MILDRID L. MAIN, his wife ~ ` ' or order, in the mscoer hereieatcer specified, the principal sem d IaOi'.'fY TtV`0 THOIISArID AI~ --------------------------------------00 /loa DOLLARS 42, 000.00 )with ioterast ftoro date at the rated 11.0 per cent. pes aenum oa the bataoa tram ume to time The said principal atd iatenat shall be pzyabk in 4wful money of the Ucited states d Amesies 508 Palm Avenue, rat Fierce, FlOrlda 33450 or at such plea a: map bereatter be deiiSaated by writtca notice ttoos the hoki~r <o the msker hereo(,,oa--'~`_ the date and in the mauoer foUowin~: 1. Three hundred equal monthly installments of 6411.65, representing principal and interest, the first installment to became due and payable October 14, 1979, and one installment to became due and payable on or before the 14th day of each succeeding month until the whole of said indebtedness is paid. 2. Any payment made later than the normal ten da~r grace period shall automatically include a five (5) percent late penalty in the amount of 620.58. 3. This mortgage note may not be assumed without prior approval of the mortgagee. '1Lis note with interest is securesby a mortaaae on real estate, d even date herewith. made by the maker ber+cof i laver d the said atd ooostrued aid eafarcrd soootdia` to the Lws d the State d Florida. The tenor d said mortaaae are by this. teferenoe' If detach be made in the pa d asry d the ante or toterest m.ntioaed hcrcia or in said nsortsare, a in the pedamaaoe of any d the a~r~aa oootained heraa~ar iu aid mort~a~e, then the entire pciadpat sum asd :acrtiod iawest a6a)! at the option d t)te hakler tiered beootr~e at ooa dste and oo»e~le +rithout a~ timed the easeaoe; and aid priac~al wm and accrued interest than both bear iutvest from such time ~ paid at the hi=bat rate coder the hays d the S d Florida. Faiius~e to ataase this optioet shall cot tomtitate a waiver d the r>~ht to esw+~se the ace m the event d nary mbaeQr<at detach. F.adt penal liable kereoa whether maker or etdorw, berebp naives praeottaseat. prosest. siotice d protest and notice et dia• ' sReesc~ ~ oartr„ including : rearooahk :tta~aey"s feeee,, whether arit be broo~ht or w.. ' after a~sq d this cote a detawlt mextpge, ao+tosd shall be mtplofed to ooUect this nose err ~ ao protest the secesisy d nid mort~aee. Whenever med heseis the terms "holder". 'Soaker" and "payee` be the or a. tk ~t suer require m admit. ~ y ldaker's ~ 1 . c-JAMES L. (sEAL~ I ~~I ~ - ~.crina 1,c~e> WAKEFI ~sFr?L, • ..93~/S-v (s~~ ...fCF~T.~