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j~ ~AV~ a~ W the same. together with the tenements. hersditaments and appurte-
nances thereto belonging; and the rents, isattea and profits thereo/, unto the mortgages. in jes simple. ~
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7ilid the mortgagor covenants with the mortgagee that the mortgagor is i.ulejuawiZiy seif..,d of said
land in /ee simple; that the mortgagor kas good right and lawful authority to convey said land as ajore-
aaid: that tke mortgagor veil! make suck further asaurancea to perfect the fee simple title to :aid land in the
mortgagee as may reasonably be required: that the mortgagor hereby jolly warrants the title to said land
and will defend the snore against the lawful claims of all persona whomsoever: and that said land is free
and cleat of all encumbrances except those taxes accruing subsegt,><astt to Decewber 31, 1979. z
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~~s, that ij said mortgagor.shaU pay unto said mortgagee tks certain promts-
sory note kereinafter aubatantiaUy copied or identified. to-wit: S
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S._Z,ZQQ.aQ~__ Fort Pierce, Floridi~a~'_r'v""' o~T trC , ``'-l~i
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As_ he;einafterwspe~ifie~__.... _ alter date, 1, vre or either of us promise to pay to the order of
HOLIDAY PINES,_a Florida General Partnership '
_~eyea~.Tbau~a~d..~._~~~.ed aQa~n4I100--'------~_
w___.-~____ - --~---oou.~RS
for value `received, paXabk,at _-~QQQ~~~IAL~L--S~_Hept ~ " -
- Zephryhills, FL 33599 -
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~ ~ram..~ date ~ ~ at the rate of per cent per annum until paid;interest payable
~ Md each of ut whettxr maker, fiusrantor or erdwser, hereby eve+atly waives anA w+ovrcss anY and alI tart+estesd exemption rifts w 'i
may have ts~dsr the Constitution or Laws of the State of Fbrida, or any other State, a United States, as acainst this note; and each further waives ' -
demard, notice of ron-payment and protest, and in tM event it bscomes necessary to collect this rwte ttrou~? an attorney, agrees to pay all costs
of colNctior~, .indud'in~ reasonable attorney's tee. ~ -
Payable in Ninety Six (96) equal and consecutive monthly installments of
One Hundred One Dollar sad Seventy-Sigh nts E$lO1.T8)- including principal
and interest. First payment beginning / 9Spa and talonthly ~ ~
thereafter until said principal and int rest due thereon are fully paid. -
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Borrower shall pay to the Note holder a late charge of Four (4) percent of
any aonthly installment not received by the Note holder within twenty (20)
-days after-the payment is due.
This obligation may be paid in whole or in part at any time without penalty.
~ = ~ t ' , ' f - LAUREL BUILDERS, INC. ~ -
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