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~o ~iaue and to ~otd the same, together u=ifh fhe tenements, hereditamenta and npptute-
nances thereto belonging, and the rwnts, issues and pro/its thereof, unto the mortgagee. to jet simple.
end fhe mortgagor covenants with the mortgagee that the mortgagor is tndejeaaibly seized of said
land in fee simple: that the mortgagor has good right and lawful authority to convey said land as afore-
said: that the mortgagor will matte such further assurances to perfect the fee simple title to raid land in the
mortgagee as may reasonably 6e retfutred; thnt the mortgagor hereby fully warrants the ittle to said land
and will defend the same against the lawful claims of all persona whomsoever; and that said land is free
and clear o/all encumbrances ezcept those trues accruing subsequent to Decetiuber 31, 1979
always, that ij said mortgagor shall pay unto said mortgagee the certain promis-
sory note hereinafter substantially copied or identified, to-wit:
s 8, 730.00 • ~ -~l +'f [ ~ 1: # Y""': i t' 1 - . ~Ort Pierce' FIOr~ y~_
~ r ~ ...vii ~ •_:i _
• .Y ~fw -'f`~ tl..r.._{Tr ~ :.t~:.._t; 1= ` 191`
j J . _.r t
~cified_.; ~ ,
__.~.a1g~ Y' after date, i, txe~or. either of us promise to pay to the order of
",HOLIDAY~PINES,~~a Florida General Partnership ~ ~ ~ -
%Eigl~t Thousand _Seven Hundred_Thir_ty __and _ no/ 100------,~~ . ~ -
.for
vaMlua~~eceivtad; payable at, ' 15000, Highwa~r
~ 54 West o " - ` ; ' t:
r ~ l . " - . - . e h rhi11S . FL , 33599 ,__.__r_r w;tl,, interest c + •
_date.i:,, ~~at - - s principal and=::
at,the me of ~ 8.5 per cent per anrwm uMil•paidlinterest payabit ~ mOnthl'y - • i
f ? • ~ Md each of ;us whether maker. •guuantw a endorser, hereby severally waives end renanoes arty and all homestead exemption rights vre
may have under tht Constitution a Laws of -.the State of Florida, err any other State, or United States, as against this rote: and esch further wsives •
demand,-rtotioe of rwrf-paymerN and protest and in the eratt•it becomes necessary ro cdlect this note. through an attorney,;a®rees to pay aU costs't
of, colled~orS, lndudirtg tessortablerattorney's • fee ! ~ • i ' - - - - ~ ~ • , i ~ _J
~ Payable- in` Ninety Six - (96) equal- and consecutive monthly installments of ~ ~ • ; , j i i_.
~One,.Hundred~Twenty Five :Dollars and Sixty-Four Ce ($125.64) including -`_•s.~"
l principal :and ~ inters t.: = First payment beginning ~ ~ l d ' ' ~ ~ ° { '
~ ~
E and monthly ~thgreaf ter until 'said `principal • and "i erettt 'due thereon are ~ ~ ~
'..~~~ly~P_~d.•l..'.~1: ~:t;.'~i IYr; :~`~4`t :;-;~~i , ~t` i j ~ •_-;t~
e,.-:.,..rf,~.,r ..o... + - _ =mar i - ~z{ • _ •..F, _
_a•i. t.ti ~rT 3..i ri.;, a t it i. _ .'F 1 i~_.
o `Borrower'shall' psy' to~ the Note holder a late charge of Four' (4) percent of . _ , • , - : i
any. ?monthly= installment' not -received, by the .Note, holder within Twenty , (20)~ , ~
W
days; of ter ~the~ installment is ~ due.-= = . - - = r ; - ~ . ~ i + '
:
°Th~s=ob],igation may: be paid ~in.whole, or, in part at any time without-penalty. ,
_ _ _ fa ~ - fem. J ' i ~
N ~ _ ~ a..._ f ~ `Duet i _ ~ . LAUREL- BUILDERS~INC - - : SfNL s
i~~~E'-^'°i~'':;"f•.ti-4s~'_ ~ ` t, i r_ p,~.._...~ _~L_~___~..~~_tL-:. e•~, t`
_ .
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illl~~ PdGE~JO~ ~