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HomeMy WebLinkAbout2044 c. i ~o ~iaue and to i~inld the same. fwtether with the tenements, heredttgr?tthts •and appurte nant-es Iherefu 1,?•luntti?tst, and the rents, issues and profits IIIPreaf, unto the mortgagee, in fee simple. ' + ~ . (j and the mortgagor corenanfs u~ifh the mortgagee Ihat the mortgagor is tndefeaaibly seized of said land in fPP simt,le: that the mortgagor has goad right and lowJul authority to convey said land as aJon- said; that fl+e mortgagor will make stub Jurtlter assurance: to perJvct the fee simple titlo !o said land to the mortgagee as may reasonably be required; that the mortgagor hereby fully wn?rn?tts the title to said land a?t?i will tlefe?ttl the same against the lawful claims o/ all persons whomsoever: and that said land is free and clear of all encumbrances accruing subsequent to December 31, 1979. ~ , ~ i ii ~ i I) ,I I, ~ i i ~ ~ ~noutded ~twayS, that i/ said mortgagor shall pay unto said mortgagee the certain promo- ~ sory note hereinafter substantially copted or identified, to-wit: i MORTGAGE NOTE RAMCO FORM to - CH-1498 32,800.00 _ Port St. Lucie ,Fbrida December 4 •1979 FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to OPAL LOUISE ABNEY ' , or order, in the manner hereinafter specified, the principal saran of thirty-t~o thousand eight hundred and 00/100 DOLLARS 32,800.00 ) interast from date at fire rate of 9-1/2 pu cent. pu annum oa the balance from time to time remaining unpaid. The said principal attd interest shall be parable in 4wful money of the United States of America at 995 Marcelles Drive Lexington, Kentue~j 5O or at such place as may hereafter be designated by written notice from the bolder to the maker hereof, on the date and in the manner~o-lfOwirtg: Payable in two hundred and forty (240) equal monthly installments of three hundred five dollars and seventy-fivC cents ($305.75) including principal and interest. First payment due December 23, 1979 and monthly thereafter until said principal and interest due thereon are fully paid. The makers reserve the right of prepayment at any time without penalty. This note with interest is secured by a mortgage on real estate, of even date herewith, made by the maker hereof in favor of ibe said payee, and shall be construed and enforced according to the laws of the State o[ Fbrida. If default be made in the payment of any of the sums or interest mentioned herein or in said mortgage, or in tht pcr[ormaace of an o[ the agreemenU containtd herein or in said mortgage, then the entire principal sum and accrued interest shall at the option oI the holder hereo! become at once due and coUecu'bk without t?otice, tint being of the essence; sad said principal sum and accrued interest shall both bear interest from such time until paid at the highest rate stowable under the laws of the State of Fbrida. Failure to exercise ibis option shall not constitute a waiver of the right to exerc?se the acme in the eYent of any subsequent default. ~ Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice notice of protest and notice of dis- honor and agrees to pay all costs, including a reasonable attorney's fee, whether suit be brought or rat, il{, after matuntr of this note or default hereunder, or undo said mortgage, wunsel shall be empbred to collect this note or to protect the security of said mortgages Whenever used herein the terms "holder", "maker" and "payee" shall be construed in the singular or plural ss the rnntext roar require a admit. Maker's Address /s/.......EbWI;~RD_.T.-,MCNI=.I~Ir ..................................................(SEAL) EDWARD T. HcNEILL (SEAL ) Rt. 4, Box 610 Y, Ft. Pierce, Florida 33450 Q$A _............._..~OOK'V~~, P>lGE~~......._....---............(SEAL)