HomeMy WebLinkAbout1410 ~o ~iaue and to ~otd t
IhP sn?nP, loyelher with the tenantenli, heredilamenti bnd appuriP ;
?tances Ilten>fo hPlomlin~l, and fhP rents, issues and profits Ihereuf, unto the mortgagee, in fee simple. ~
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;i end 1?tP morfgattor covP?tnnls u•ilh the mortgagee Ihat the mortgagor is indefeasibly seized of said
;i land in JeP simple; Ihat the mortgagor has good right and lawful authority to convey said land as afore-
, said: That IhP mortgagor will make such further assurances to perfect the fee simple title to said land in the
mort~laftPe as may reasonably be required: that the mortgagor hereby fully warrants flee title to said land
anti will de(c>nd ?he same against the lau•jul claims o/ all persons whomsoever; and that said land is free
and cG>ar a) all encumbrances accruing subsequent to December 31, 1979.
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~COUided IltiwayS, that if said mart a or shall
9 9 pay unto said mortgagee the certain promis-
sory note hereinafter sttbsta?ttially copied or identified, to-wit:
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MOrtTGAGE NOTE RAMCO FORM S3 .
s 12,000.00 Port St. Lucie ,Florida
January 2 t9 80
FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to
CHARLES H. ZIERDT and WILLADENE S.- ZIERDT, his wife or order, in the manner hereinafter specified,
the principal sum o[ ~ /200 DOLLARS
TWELVE THOUSAND AND NO
12,000.00 ~ with interest from date at the me of 4_l/2 per trot. per annum on the balance from time to time remaining unpaid.
The said principal and interest shad be payable is lawful money of the United States of America at 4100 Norbeek Road . -
Koekville, A'ID 20853 or at such place as may here•aftrr be d.•signated by written notice from the holder to the maker hereof, on
the date and in the manner following:
Principal due in six equal semi-annual installments of $2,000.00 plus
interest. First payment due June 28, 1980 and semi-annually thereafter
until said principal and interest due thereon are fully paid.
The maker reserves the right of prepayment at any time without penalty.
This note with interest is secured by a mortgage on real estate, of even date herewith, made by •thc maker hereof in favor of the said
payee, and shall be construed and enforced according to the laws of the State of Fbrida. `
If default be made in the payment of any of the sums or interest mentioned herein or in said mortgage, or in the performance of
any of the agreements contained herein or in said mortgage, then the entire principal sum and accrued interest shall at the option of the
holder hereof become at once due and collectible without notice, time being of the essence; and said principal sum and accrued interest
shall both bear interest from such time until paid at the highut rate allowable under the laws of the State of Fbrida. Failure to exercise
this option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default.
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice of dis-
honor and agrees to pay all costs, including a reasonable attorney's tee, whether suit be brought or not, if, after maturity of this note or default
hereunder, or under satd mortgage, counsel shall be employed to collect this note or to protect the security of said mortgage.
Whenever used herein the terms "holder'", "maker" and "payee" shall be construed in the singular or plural as the context may
require or admit. _
1•iaker's Address /S/ •---...E~~Q~..R.~-..BZ$.SELL ..-...(SEAL)
RAYMOND R. BISSELL
6300 C,atewav East /s/ --EI.ZZABETN--J-.-...BISSELL
. ...(SEAL)
ELIZABETH J. BISSELL
E1 =Paso, Texas 79905 . I~.. rr~~rr.~~ _ _..-......(SEAL1
. - ~OOK~~.•J P~Gf~~ -
......(SF.4L)