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HomeMy WebLinkAbout2110 • ~ ~ ~ eh~ aeatw. /oQ.~/t.: tav~l~ the_ t~eaatNa~s. ft~ .ad app„ra. nand., th.r~.to 6a11ortotrtp. end th• awtb. aa?tsas, eyed w~o?n+ t: onao iJi. to « ~ov« / •i~ eh• nsoregopor covertaatta with tl~. anoetpao« that tfit, tatort~sOos~ a lnd./.arlb[p .Ns.~d o/ osed land in /ra sianplr: that e1?a aatorepopor has good aught and lew?tal anfhoritl? to oonwlr idd farad en a/oaw said; chat tft• attortgapor will atalte anch lttreltor aauronc~es to per?stcf t/Nr siaa~pb tul, to aatd leaad iR tits Rtoregog.. aar agar r«aoraadily ba rr4rair+ad: that eb. snortgaeor haurbr /tally auan+arta tha tit4 to ,.id Israd and will da?Ntd efts atoartal apainet tlu 1atnJul claitw o/ aU pesoru u?laomaoet?~: and that a.id land a ?r« and clear o/ nU a~actaRtbrarN.«, except taxes accruing subsequent to December 31, 1979. i ~~fDY1v[R -that e? .aid anort~ .h.U par tartep satd arwregaa.. th. r.rtai,t w+omis- soryr note herairta?ear ,ta6atongoUr c+optad or iclenti?iad. fo.tu{t: MORTOAe! NOT! RAMCO FORM Est ~ 15 , 000.00 Ft . Pierce , Flo:;a, February 29, 19 80 FOR VALUE RECEIVED, the undasigatd, (f oiatly and severalty, i{ more than one) psanises to pay to BRUCE D. LAYMAN , or order, in the manner hereina[ter apereified, the priaeipal sum of FIFTEEN THOUSAND AND ------------------.-..------..----------_--00 /loo DOLLARS (i 15,000.00) with iaterat from date at the rate of l l x per cent. per annum on toe balance iron tithe w tune remaieting unpaid. . The aid pcincipat and interest shall be payabb is 4wiu1 money of the United States of Ameria at 1541 Oakhurst Ave . , Winter Park, Fl or at such place as may hereatoer be designated by written notice from the. holder to the maker hereof, oa the date and in the manner following: Payable in Two Hundred Forty (240) consecutive monthly installments of X154.83, beginning one month from date and each month thereafter-until said principal and interest due thereon are fully paid The makers reserve the right of .prepayment at any time without penalty. Tttia note with interest i, secured by a mortgage on real estate, o[ teen date herewith. nude by the maker heero[ in Ivor of the aid payee, and shad be eatateued and eatoreed according to the laws of the Sute of Fbrida. If detach be made in ttte payment of any o[ the su+as of interest mentioned herein or in aid mortgage, or in the performance of am d the is contained herein at in said mortgage, th;m the entire principal sum sad accrued interest shall :t the option of the hoiden hereof become at once due sad oollccabk without notice, time beutg of the essence; and aid pru~pal sum and atxrued interest :hall both bear u?terest Eros such time until paid at the highest rate allowable under the laws o[ the State of Florida. Failure to exercire this option shall sot eoastitute a waiver of the right to exercise the same in the event o[ say subsequent default. Each perwn liable hereon whether maker or etttoner, hereby waives preseatmeat, protest, notice notice of protest and notiu of din honor and agrees to pay all cosh, including a reasonable attorney's tee, whether suit be brought ar not, iE, after maturity of -this note or default hereunder, or under said mortgage, twuauKl shall be employed to oa this note or to protect the tecurity of said mortgage. Wheatcver used herein the terms "holder", "maker" and "payee" shall be construed is ebe singular or plural as the context may require or admit. . iK.ke,,a /s/ James F. Steenhill » (sue) ~ ~ James F. Steenh111~ OR » » .............»...(sISAAL> .t-u1 ce ~-P- 33 flS1~ bOpl~ ?aGE~.. . .........».»....................................»..............»»..........».».......»......(Sl4ALj