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HomeMy WebLinkAbout1316 1 " - I ~o ~sUe and to Mold -the saute, (ogetlter utith the tenements, heretlitslmeatla a+u~ upt~~utr ~ uances fhprefo belonging, and the rents, issues and profits thweoj, onto the mortgagee, in jrr simt~lp. the mortgagor covenants with the mortgogee that the mortgagor U tndejea:16ly spied of said lane( to fee simple; Jhat the mortgagor has good right and lawful authortty.fo convey :aid land os ajorr- soid; that the mortgagor will malts such further asstunnces to perjpct the fee ample title to :aid land in the mortgagees as may reasonably be required; that the mortgagor hereby jolly warrants the title to said land and u~ill.~dejend the same against the lawful claims of all persons whomsoever; and that said land is free and clear of all encumbrnncea ~ , ~COUlded ~l!latJS, that fj said mortgagor shall pay unto said mortgagee the certain promis- sory note hereinafter substantially copied or identljfed, to-wit: ssowrssrwt: aao*s waiascv rower ss 14,0.00.0.0 ,Florida t980 FOR VALUE RBCBIVED, the undersigned, (jointly and seweraUr, if more than one) promixs to fur to GLENDA DdCOSTA ~ ar order, in the manner be:<ina[ter specified, the wm a[ FOUR THOUSAND and --------------------0~!top DOLLAttB principal 4., 000.00) with tnteswt from date at the race of 14 per test. per aaattm on the balance item time a tease remaining unpaid. The nid principal and interest shall be parable in lawfW money d the United States of America at 522 Crooked Mile Road, Merritt Island, FL or at such place as mar hercaftrr be designated by written notice from the holder to the maker hereof, on the date std is the tnanarr following: The entire principal sum in the amount of $4,000.00 plus interest to date of payment on or before September 10, 1980. Prepayment at any time without penalty. Thu note with interest u secured br a mortgage on real estate, d even date 6ercwith, made br the makes 6ercof in favor d the said payee, and shad be ooastrued and enforced according to the tags d the State d Fbrida. Ttte arms d said mortgage are br this reference made a part hereof. It detauh bt• made in the paratent d am d the sums ar interest mentioned herein or in said mortgage, or in the performance d say d the agroer~nu contained herein or in ssid mortgage, then the entire principal sum sad accrued interest shall at the option d the holder hereo[ become at once due sad oollect>'bie without noting time beiag of the caseate; and said principal sum sad accrued interc:t shall both hear iuterat from such time until paid at the highest rate albwable under the 4ws d the State d Florida. Failure to esercisc this optitta shall not constitute a waiver d the tight to eurciae the woe in the event o[ aar wbsequeat default. Each person liable hereon whether maker ar endorser, hereby waives preseatmeat, proteu, notice notice d protest and notice fides- honor std agrees to par alt costs, including a t+eaaonable attorneys fee, whether suit be brought a cot, ij, after maturity d this note or default heseuader, or under said mortgage, oouasel shall be empbyed to collect this note oc so protect secure acid mortgage.. 1Nheaerer used 6ereia ebe terms "balder', "makes" and "payee" cons i the' si lay or p]itral as the contest mar require a admit. al~ ~.,1/. Tr[aker's Add 8~ • (SEAL) 3~~ p,~~.314 ~ b~-~1,~ 1421 S. Ocean Blvd. , Apt. 314 ~~~At~ ~1~d~T_.....---...~..`.