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~Q ~Z~ut ~ l~ nV'1~ Ihc~ same, fogef{ter wit{t the lertemertts, hereclifumenls aru{ appu?le-
nances thereto belon{ling, and the rents, issues and profits IhereoJ, unto the mortgagee, in fee simple.
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the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seizes{ of said
j~ land in Jee simple: that the mortgagor has good right and lawful authority to convey said land as afore-
said: that the morlgaggr,~ ill mg~e such further assurances fo perfect the fee simple title to snid Innd in the
s~ mortgagee as mny reasdri~Cy ~e required: that the mortgagor hereby fully warrants the title to said lnnd
artci will defend the same against the lawful claims of nll persons whomsoever: and that snid land k free
and char of all encumbrances accruing subsequent to December 31, 1979. _
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~COUided ~tways, Ihat it said mortgagor shall pay unto said mortgagee the certain promis-
~1 sory note hereinafter substantially copied or identified, to-u,ff:
MgRTGAGE NOTE RAMCO FORM tiJ
4,400.00 PORT ST, LUCIE ,Florida
December 13 .1979
FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to
GARY COOPER or order, in the manner hereinafter speed,
the principal sum o[ ~ FOUR THOUSAND FOUR HUNDRED /100 DOLLARS
ii 4,400.00.) with interest from date at the rate o[ 10 per cent. per annum oa the balance from time to time remaining unpaid.
The said principal and interest shall be payabk is lawful trwney of the United States of America at 1322 PINE ROAD, WEST PALM
BEACH, FLORIDA 33406 or at such place as may hereafter be designated by written notice from the holder to the maker hereof, on
I~ :.,e a'atc and in the nianilef foirowiiig:
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~ Due and payable in one payment of Four Thousand Four Hundred dollars and no/100
($4,400.00) plus interest on December 14, 1980.
k The maker reserves the right of prepayment at anytime without penalty. •
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_ This note with interest is secured by a mortgage on real estate, of even date herrwith, made by the maker hereof in favor of the said i
_ payee, and shall be construed and enforced according to the laws of the Sute of Fbrida.
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x, If default be made in the payment of any of the sums or interest mentioned 6rrein or in said mortgage, or in the prrformance of
~ any of the agreements contained hereto 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 collectibk without notice, time being o[ the essence; and said principal :um and accrued interest
shall both bear interest from such time until paid at the highest rate allowabk under the laws of the State of Florida. Failure to exercise
this option shall not constitute a waiver of the right to exercise 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, i/, after maturity of this note or default
hereunder, or under said mortgage, counsel 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 mar
requite or admit. /s/ ELLEN J. GUTERL, PRESIDENT j
Maker': Address .............---.........-................-•-•---...............(SEAL)
WELCOME HOMES CONSTRUCTION, INC.
..............................................•---........---............(SEAL)
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sz. 1380 Port St. i.ucie_-.Blvd.,--.Port St. Lucies- FL .-.-..-_--flit-r-~ _ _-_•-_•.-„_--.-.,-,(SEAL) '
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