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~a ~ ~ the same, together with the tenements, hereditnments and appurte-
nances thereto belonging, and the rents, issues and profits thereof, unto the mortgagee, in jee simple. !
the mortgagor rnvenants with the mortgagee that the mortgagor is indefeasibly seized of said
land in fee .simple; that the mortgagor, has good right and lawful authority to convey said land as afore- I
snid; that the mortgagor will make such further asstsrances to perfect the fee simple title to said land to Ihs
mortgagee as may reasonably be required: that the mortgagor hereby fully warrants the title to :std land
and will defend the same against the lawful claims of all persons whomsoever: and that said land is free
and clear of all encumbrances -
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~V~ ~lWnyS, that ij said mortgagor shall pay unto said mortgagee the certain promie-
sory note hereinafter substantially copied or identified, to-wit: - - -
MORTGAGE NOTE - RAMCO FORM 83
- St. Lucie, ,Florida
= 3.550.00 July 16 ,1979
FOR VALUE RECEIVED, the undersigned, (jointly and severally, i( more than one) promises to pay to
LOUIS BENINATI os order, in the manner heeinafter specified.
the principal sum of Three Thousand Five Hundred and Fifty azzziaaa=zzzzzzii~
3 • g50 04) with iatersst from date at the rate of 10 per cent. per annum on the balance from time to time reuuiniag unpaid,
said principal ,nd interest shall be payabk in lawful money of We United States of America at 1002 Preston Lane
St. Lucie COUnty or at such place as may hereafter be designated by written notice from the holder to the maker hereof, on
III she date and in the manner following:
Payable in'sizty (60j equal consecutive monthly
installments of seventy five dollars and forty three cents
including principal and interest. First payment beginning one
month from date and monthly thereafter until said principal and
interest due theron are fully paid. i
The makers reserve the right of prepayment at anytime xithout.
penalty.
This note with interest is secured by s mortgage oa real estate, of even date herewith. made by the maker hereof in favor o[ the said
payee, and shall be construed and enforced according to the laws of the State of Florida.
If default be made in the payment of any, of the sums or interest mentioned herein or in said mortgage, or in the per[ormance of -
any of the agra nts contained herein or in card mortgage, then the entire principal sum and accrued interest shall at the option of the
holder hereof become at once due and oolkcubk without notice, time being of the essence; and said pnnctpal sum and accrued interest
shall both bear interest from such time until paid at the highest rate allowable under the laws of the State of Florida' Failure to exercise
~ this option shall act oonsdtute a waiver oI the right to exercise the same in the event of any subsequent default.
j pact person liable hereon whether maker or endorser, hereby waives presentment, protest, notrct notice of protest sad notice of dis-
f honor and agrees to pay aA costs, including a reasonable attorney's fee, whether suit be brought or not, ij, after ~t~ty o[~Cte or de[ault
hueunder, or under said mortgage, counsel shall be empbyed to collect this note or to protect the security d
Whenever used herein the terms `bolder", "maker" and "payee" construed in the or plural as the context may -
require os admit.
Maker's Address _ .............1l..(SEAL)
- :1..! .(SEAL)
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