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HomeMy WebLinkAbout0445 i . ~ 1sti11M W the same. fogelher wIfh the -tenamenfs, hsraditamenta slid appu~s- nances thereto belonging,-and the-rrnts, issues and projils thereof. unto the mortgagee, in fee simple. >ti111~ + the mortgagor covenants wtlh the mortgagee that the mortgagor is indejeatbly seized of saki land in fee simple; that the mortgagor has good right and bwjuI authortty to convey sold land as ajon- said: that the mortgagor will make such further asstu+arteei to perfect the fee simple title to said land in the mortgagee as may r~easonctbly be r+eyuired: that the mortgagor hereby fully wananb the title to said land . and will defend the saute against the lawful claims of all persons whomsoever; and chat :aid land is j?ee and clear o/ all encumbrances , except teCCf~S 8CCrilit~g sub8ec~lt to Dect~x 31, 1978. ~'OUtded ~IU1lyS, that-ij said mortgagor shall pay u?tto said mortgages the certain promis- sory mote hereinafter substantially copied or identified, to-wit: . _ - ~ MOt1TOA0E NOTE RAMCO FORM 8! - 39 ,500.00 _ Stuart , Fbrida _ September 1x79 FOR VALUE RECEIVED, the undenigncd, (jointly and severally, ii more than onej promise to pay to - ~ Rr~NDN CABRIItA and IRIS CABRERA, his wife ~ - r , or order, is the manner hereina[ter specified, the principal sua? o[ 1HII~lY-NINE ZAI~ FIVE HI~Z3DRkk~" ~AI~----------------------NO /100 DOLLARS (=39,500.00 with iotertzst ft+om date at the rate of Ten -per cent. per annum on the babutee from rime w time remaining unpaid. ei'~,e~ptpal iwti4t~~reu shall be parable m Lwful mousy o: the United States of Ameria at 358 S.E. Verada, Port St. 33 or at such place as may hercatter be designated br written notice trora the holder to the maker hereof, on the date and in the manner folbwing: Monthly paymeztts in the amamt _ of Zfiree Nurtdred Forty-Six and 65/100ths Dollars t$346.65) on the 19th day of each month, begirming October 19, 1979 until principal ~d interest are paid in full. Zhis note may be prepaid in part or in full at any time with no penalty. - - - l~ 'T'his note with interest is secured bar a mortgage on teal state. of even date herewith. made by the maker hereof in favor of the said payee. ate shall be oowtsued and enforced according to the laws o[ the Sate of Fbrida. . If default be made in the gpaysnent of any of the sums a iater+rat mentioned herein or is said mortgage, or is the performance of am of the nts ContaiDld ntrlia or in said mort6age, then the entire principal sum and atxrucd interest shat! at the option of the holder h~become at once due and wlkcu'bk -without notice, time og of the essence; and said principal sum and accrued interest shall both bear interest frastt such time untt7 paid z< the highest rate all ~rw.tbk under the laws of the State o[ Fbrida. Failure to ezercise this option shall not constitute a waiver of the right to exerwe the same in the event of oar wbsequcnt default. Each person liable heroon whether maker or endonet, hereby waives presentment, protest, notice notice of protest and notice of ditr honor and ogres to par all caab, including a reasonabk attorney's fee, whether suit be brought or rwt, ir, after maturely of this note or default beseunder, or under said mortgage, counsel s6a1! be tmplored to wtlect this note or to protect ebe security of said mortgage. Whenever used herein the terms "bolds"', "maker" and "payee" ,hall bt: construed in the singular or plural u a:~e context mar require os admit. _ ll~aker's Address :s~........»..........._ ......................»............._.....»»........................(SEALj Helen M. Kalaschild (SEAL) _ i ~~..~t.4S..~.x'Cle.,».P:(IYt..~....IiICjE*...F~.. .....................~....»......_..............»..».............................................(SEAL) - 800K J~~ PAGE 445 (a,aAL~ `