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~o ~iaue and to Mold tl,e same, fuyet{,er u~if{t the terteme,tfs. hereditumersts and apptsrte f
uances Iherelo belonging, and the rents, issues and profits thereof, unto the mortgagee, in Jee simple.
end the nturtgaftor cone,tants with the mortgagee that the mortgagor is tndefeasibly seized of sold
,j land in Jee simple; that the mortgagor has good right and lawful authority to convey :aid land as ajore-
said: that the mortgagor will mate such further assurances is perfect thF fee simple title to said land in the i
mortgagee as may reasonably 6e required: that the mortgagor hereby fully warrants the title to said land
a,tci will defend the same against the lawful claims a/ all persons whomsoever; and that said land is Jree
~ and cl,•ar of all encumbrances accruing subsequent to December 31, 1978.
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~rou~ded ~tways, that iJ said mortgagor shall pay unto snid mortgagee the certnin promis-
sory note hereinafter substantially copied or identified, to-wit:
MORTGAGE NOTE RAMCO FORM 87
i 6, 745.00 Port St. Lucie ,Florida
October 5 ~ l9 79 '
FOR VALUE RECEIVED, the undersigned, (jointly and s<verally, if more than one) promises to pay to
RAY C. IDWARDS t
or order, in the manner hereinafter apeci[ied,
the principal sum of SIX THOUSAND SEVEN HUNDRED FORTY-FIVE and 00/100 /100 DOLLARS
6, 745.00 )with intersst from date at the me oI lOX per cent. per annum on the balance fears time to time remaining unpaid.
The said principaOlgand interest shaD be payable in lawful »soney of the United Sates o[ Amerin at BOX 4098 Station s,Dss
CanadaoLBV 4~~ri0 or at such place as may hereafter be designated by written notice from the holder to the maker hereof, on
the date and in tht manner following:
I Payable in twenty-four (24) equal monthly installments of three hundred
~ eleven dollars and twenty-five cents ($311.25) including principal and
i interest. First payment due November 8, 1979 and monthly thereafter ,
i until said principal and interest due thereon are fully paid.
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This note with interest is secured by a mortgage on real estate, of even date herewith, made by the maker hereof in favor o[ the aid
payer, and shall be construed and enforced according to the laws of the State of Florida.
I If default be made in the payment of any of the sums or interest mentioned herein or in said mortgage, or in the performance of
j any of the agreemenu contained herein or in said mortgage, then the enure principal sum and accrued interest shall at the option of the
holder hereof bernme at once due and collectible without notice, time being of the essence; and said prinupal 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 not constituu a waiver of the right to exercise the same in the event of any subsequent default.
k Each person liable hereon whether maker or endorser, hueby waivu presentment, protest, notice, notice of protut and notice of die
honor and agrcu to pay all costs, including a reasonable attorney's fee, whether suit be brought or not, if, after matunty of this note or default
z hereunder, or undo aid mortgage, counsel shall be empbyed to rnikct this note or to protect the security of said mongage.
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Whenever used herein the terms "hoWet", "maker" and "payee" shall be construed in the singular or plural as the context may i
require or admit. ~
Maker's Addreu ~s/ Leonard Simons, Trus_ tee _ .(SEAL)
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......................................................................................•--°--..(SEAL)
2630 Hollywood-Blvd., Hollywood, F1. 33020 _ ~k (SEAL)
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........................................................................................(SEAL) (