HomeMy WebLinkAbout1488 - - - - - - a -
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l~ ~ ~ the same, together with the tenllf~b, hendifamtnts and appurte-
nances thereto belonging, and the rants. issues and profits therooj, unto the t~nortgag«, in j« simple.
the mortgagor covenants with the mortgagee that ilia mortgagor ra tftdejeasibly seized of sold
land in fee stfnple; that the mortgagor has good .fight and lawful autho?ity to oontrey sold land as a/oro-
satd: that the mortgagor wtU matte such further asstu+anca to perfect the j« simple title to said land to the
mortgagee as may roasonably 6e roquired; these the mortgagor hereby jolly wa:r+atb the title to sold land
and will defend the :ante against the lawful clotnts o/ aU penoru whomsoever: and that said hsrtd is jr+e
and clear oJ-all encumbmncu except that certain first mortgage executed as
to Lot 5 above by JoAnn Allen in favor of First Federal Savings an
Loan Association of Fort Pierce dated July 13,1976 and recorded
in O.R. Book 254 at Page 2817 of the Public Records of St.Lucie -
County,Florida and except that certain first mortgage as to Lot 6
! above executed ~-Federal Mall II Associates,a Florida General
I Partnership in favor of Citxxens Federal Savings and Loan Associa-
tion of St. Lucie County dated November 30,1979 and recorded in
O. R. Book 321 at Page 1468 of the-Puhlic Records of St.Lucie County,
Florida.
~Vi~il ~WiUjS, that ij said mortgagor shall pay unto said mortgagee the certain promis-
sory note- hereinafter substantially copied or identified. to-wit:
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100,000.00 Februar 21 80
5------------------- - Fort Pitrte, Fonda - - ---Y- • ppt9~~-d~----
_ S1X -mO11tZ'1~ aher date, 1, vw or eitt+er of trs promise to pay to the~fteiae of
STANLEY WILSON as to an undivided 3/4 interest and ROBERT
- DiSTEFAAtO--aa---to--yin--uadiuidod--lit- irtoroat--------- -
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_ .One__~ndred__ThQnand_~nd_NQ,ls~ne-hundredth.~_-___-__-_-_ - - ooe_~A~>
fo. vatw .«ei~a, pyabi. a ___AQ.t..~-.C,__22~_Atlantic. Avenuah_ Palm._~eacb`
Florida 33480 with into*e,•
from _ this-. date- at ttr .ate of eighteen, c«+t per amtrn taMii paid; interest payable _ upQD_lllltur-]qty
E Md each of us whether wrkor, ~uaranfor. or ~ndonp, Aurbtr ~r~rally waives and renounces any and all homestead exemption ri`hts we
€E~ may haw under tM CorW,tution or laws of Me SfaRe of Fb?ide, w any otlw Stab, or United States, at a~airot this rate; and each further wa .es
demand, notice of rwrs-paymerM and protest, and in the event it becorna rMOeMary to odMcf this nob tfrouth an attorney, a~ees to pay a.t costs
of couection, inctudir~ reawoable attonry's lee.
It is agreed by the holders of this Note that-the holders shal-1 not
attempt to collect on this Note until and unless the maker
defaults in the payment of said Note and such default continues for a
period of ninety days.It is further understood that no attorney's fees
or cost of collection shall be charged or collectable against the
maker for any fees or coats incurred during said ninety day period.
This Note is secured by a mortgage of even date herewith and is to be
construed and enforced according to the laws of the State of Florida.
The maker under~~ands an~ a~ree t~iat a lade ~har a of $3,000.00 shall
~ be due and paya a and a de to t e principa Qa~itnent if the above
amount is not timely paid on the date of maturity.
PARTNERSHIP PROPERTIES, a Florida
General Partnership
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By -Robert Nelson,as---partr~Y ~
~ No. - 1 ow -AuQ. 21,1980 - - - - - SELL
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