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HomeMy WebLinkAbout1507 ~ ~ ~ ~ 30 ~iaue and to ~lvld Il,e sump, foyefher with the tenemeafs, ltereditumenls ane( •appurle- nanr~s Ihrn•fo he•lun~finff, auel fhe• rents, issue's and profits thereof, unto the mortgagee, in fee simple. f lend Iht~ ntarf{laclar Cone/larlfs u~ifh the mortgagee Ihaf the mortgagor Is inde(rasibly seizes! of said ,land in fie simples; fl,nt the mortgagor has good right and lawful authority fo convey :aid land as afore- ; said: that the mortgagor toil! matte such further assurances fo perfect the fee simple title to said land in the !I • ~ morf~taflee as may reaso»ahly fie required; thnt the mortgagor hereby fully u~arranfa the title fo said land ' i~ anti will defend the same against the (aw~ul claims of all persons whomsoever; and that safd land [s /tee ant! clear of all encumhmnces acc~iiingXSti~3equent to December 31, 1979. 4 - _ ~rou~ded always, (hat if said mortgagor shall pay unto said mortgagee the certnin promi:- sory note hereinafter substantially copied or identified, to-wit: MORTGAGE NOTE RAMCO FORM S~ = 12,000.00 Port St. Lucie , Fl,~rid. December 13 iy 79 FUR VALUE RECEf~'F,D, the undersigned, (joint!}• and overall}•, i( more than one) premises t~ pay to ELAINE G. HOLCOMBE , or order, in the manner hereinafter specified, the principal sum o[ twelve Thousand !100 DOLLARS t= 12,t)Op.00) with interest [tom date at the rate of 12 per cent. per annum on the balance from time to time remaining unpaid_ The said principal and interest shall bt payable in lawful mone}• of the L~nited States of America at P•~• BOX 747, Ft. Pierce, Fla. 33450 or at such place as u,ac hrrraftrr be d~ sicnated by written notice [rom the holder to the maker hereof, on the date and in the manner following: Principal and interest payable in 60 monthly installments of $172.17 i, beginning January 21, 1980 and monthly thereafter until December 21, 1984. At that time the total principal and interest due thereon I become due and payable. I The maker reserves the right of prepayment at any time without penalty. I This note with interest is xcured b}• a rnortKage on real estate, o[ es•en daft herewith, made by the maker hereof in fas-or of the said payee, and shall be construed and enforced according to the laws o[ the State of Florida. F If default be made in the pa~Tnent of any of the sums or intrust mentioned herein or in uid mortgage, or in the performance o[ f any of the agreements contained herein or in said mortgage, then the entire principal sum and accrued interest shall at the option of the holder hereof become at once due and collectible without notice, time being of the esxnce; and said l,:incipal sum and accrued interrst { shalt both bear interest from such time until paid at the highest rate allowable under the laws o[ the State of Florida. Failure to exercix this option shall not constitute a waiver of the right to exercise the same in the evrnt of any subsequent default. Each person liable hereon whether maker or endorser, hueby waives prexntment, protest, notice, notice of ptatest and notice of dis- honor and agrees to pay all cusu, including a reasonable attorney's [ee, w~hethrt suit tx brought or not, iI, after maturity o[ this note or default hereundtr, or under said mortgage, counsel shall be empluved to collect this note or to protect the security of said mortgage. Whenea•er usrd herein the trans "holder", "maker" and "payee" shall be construed in the singular or plural as the context may I require or admit. !faker's Address - (SEAL) /s/... JOSEP_ H S_. - GODFREY JOSEPH S. GODFREY /s/ GAIL R. GODFREY - ..--(SEAL) 15 Robert Drive GA7L R. GODFREY . Ghat;ham..'~oWllsh3~p,_ Lr'.. J, - (?.7.9.28 . - _ . - . --(shAL? .