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HomeMy WebLinkAbout0256 k ~~~t t~ ~~d the same. logetha: with the tenement:, hereditaments and appurte- nances Iherefo hvlanging, and the r+enls, issues and N~:;ifs Ihereoj, unto the mortgages, in jes simple. the mortgagor couenanls with the mortgagee that the mortgagor is indefeasibly seized of sold Ian.! in fee simple; that the mortgagor has good right and lawful authority to convey sold land as ajoro- ~ said; -that the mortgagor u=ill make such further assurances to per/ect the jse simple tills to said land in the . mortgagee as may reasonably be required: that the mortgagor hereby fully warrants the title to said land I and will defend the saute against the lawful claims of all persons whomsoeusr; and that said land is free and clear of al! encumbrnnces Subject further to taxes for 1979 and subsequent years. ~r0~tded ~llwdgS, thnt tJ said mortgagor shall pay. unto said mortgagee the certain promis- sory note hereinafter substantially copied or identified, to-wit: ~ _ - _ 5,70000_... Fort Pieros, Florida....._....September 14. 19_79_ on..Qr..~~pl~ QRlf_.yedr.., --•---.----..after date, 1, we or either of us promise to pay to the order of . TREASURE COAST SERVICE CORPQRAI~4~'1........~ . - ---_--F~x~..~h~usa?n~..~~_Y.ill..jlu11_S~!"~...rind..nu/1~------~-.-~-..-~~-..-:.~5.~{~D_QQ1----=---- ooau~?as for value roasived, payable af...~....121~Ordnge, AVenue,...F~rt Pgr~,, f~.~l.~..3~:4~.~ . ~ ---------_._.._..__........_..~....._.__._....--•------......:.._.._.._.._r.._......._...~....---._.....- _ with interest - - dd~e ..............:af 3he rate of__.-~.~. Qx.per cent per annum until paid; interest payable_..Itl3tui"J~X........-. i Md eadi of us whether maker, gwnraor ar a^dorN', hanby saveragy waives and renounces any and ail honMSlaad aaa~ption ?iphes vre may have under the Corrtitution dr Lays d the Stall of Florida, er any otlMr Stab or Ilydtsd Stc:a, as spebrst lids rah: and arch turNrer walls= demand, nolioa ei non•payn»ru and protest, and in event b becomes necessary b oollsot this nos Nr'ouglr an aMerrwy, agrees to pair all oasts of ootieetion, raaaonebie attorney's faa. H default b made in arty. pern_wnt when dw, than at Ilre option of the holder, arrJ wflhorA any otMr-sorb, all the ran+sinbrp balerrce shall bt dw and peyahle at arras. - This Promissory Note is secured by Mortgage upon real property_lying and being in PARK TRAIL ACRES, a subdivision as recorded in Plat Book 19, page-18, of the Public Records of St. Lucie County., Florida. Maker. covenants with Payee that a dwelling will be erected upon the real property more fully described in said Mortgage: Anything herein to the contrary notwithstanding,_the.indebtedness evidenced hereby shall be due and payable with intertst at-the above stated-rate upon completion and closing of the sale of said dwelling should the same occur prior to. the one year maturity otherwise stated herein. _ INDIVIDUALLY Gem Builders, Inc. s/Louis Beninati Louis Beninati - s/Louis Beninati gEAi, ...-•------z _ Louis Beninati, president - No Due......._......__._...-___:.........------.~. SEAL ,otr sta - r~ ar tawr _ - - I ij OR 4~ eoo~~~.7 ~~G~ ~I