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30 ~iaue and to Mold the same. foyellter with the tenemertls, heredifaments and appwfe- ~
nances Ihernlo helonlliud, and the rnnts, issues and prof
its fltereoJ, unto the mortgagee, in fee simple.
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end the mortgagor covenartls with the mortgagee that the mortgagor is indeJeastbly seized of said i
land in Jee simple: that the mortgagor has good right and lawful authority to convey said land as afore- ~
'i said: that tfte mortgagor will make such further assurances to perfect the fee simple title to said land in the ,
morfga(lee as may reasonably be required; that the mortgagor hereby fully warrants the title to said land
anti twill defend the same against the lawful claims of all persons whomsoever; and lhnt said land is free
artd clear of all encumbrances accruing subsequent to December 31, 1979.
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1~! ~rouided always, that if said mortgagor shall pny unto said mortgagee the certain promts-
sory note hereinafter substaniinlly copied or identified, to-wit:
v:
- CH-1295
MORTGAGE NOTE RAMCO FORM 63
= 6,000.00 Port SZ. Lucie , Florida
November 20 1979
FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to
JOSEPH W. DUNK and ARLIENE DUNK, his wife
or order, in the manner hereinafter specified,
the principal sum of Six thousand and - - - ^ - - - - ^ - - - - - - - - 00 /100 DOLLARS
(S 6, 000.00 )with intersst from date at the rate o[ 10g per cent. per annum on the balance from time to time remaining unpaid.
The said principal and interest shall be payable in lawlul money of the United States o[ America at
_ or at such place as may hereafter be designated by written notice from the holder to the maker hereof. on
the date and in the manner following:
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` Principal and interest due and payable in monthly installments of Seventy^nine
dollars and 30/100 ($79.30) beginning December 30, 1979 and monthly thereafter
to and including November 30, 1982. On December 30, 1982 the amount of
Four thousand seven hundred thirty-six dollars and 29/100 ($4,736.29) which
~ represents the principal and interest will become due and payable.
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The maker reserves the right of prepayment at any time without penalty.
This note with interest is secured by a mortgage on real estate, of even date herewith, made by the maker hereo[ in favor of the said
payee, and shall be construed and enforced according to the laws of the State of Florida.
I[ default be made in the payment of any of the sums or interest mentioned herein or in said mortgage, or in the performance of
' any of the agreement contained herein or in said mortgage, then the entire prinupal sum and accrued interest shall at the option of the
holder hereof become at once due and collectible without notice, time being of the essence; and uid principal 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 Fbrida. Failure to exercise
this option shall not constitute a waiver of the right to exercix the same in the event of any subsequent default.
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice of dis-
honor and agrees to pay all costs, including a reasonable attorney's fee, whether suit be brought or not, if, after maturity of thu note or default
hereunder, or under said mortgage, rnunsel shall be employed to collect this note or to protect the security of said mortgage.
Whenever used herein the terms "holder", "maker" and "payee° shall be construed in the singular or plural as the context may
require or admit.
/s/ DARWIN E. PUNIOCA SEAL
---•---DARWI:J E. ~UNKKA
` /s/ PHYLLIS H. PUNKKA ..............••-•----.....--(SEAL)
1461 Griff:.n Terrace, South Port St. Lucie, PHYLLIS H. PUNICKA
. ............:.....---...--...-..F1-or-ida---- -.--......----•--(SEAL?
- awK32-•PA~E1749---------------•-----......(SEAL)