HomeMy WebLinkAbout2991 ~o have and to iiotd ~ • ° `
the sunte. fwfNfl?er with the fenemerlft heretrttu~edt! and appurle-
rtauc'es tl+erefo l.,~lurtrtirtff. and the reltls, issues and profifx lhere•uf, unto the mortgagee, in fee simple.
end flee mortgagor covenants with the mortgagee that the mortgagor is indefrasi6ly seized of said
land in fee simple; Thal the mortgagor has good right and lawful authority to convey said land as of
ors,
said: that the mortgago? will make such further nssurancc~s to pe?f
ect the fee simple title to said land in the ~
• mortguttt•e as may reasonably be required ; that the mortgagor hereby fully war?ants the title to said land ~
' ani will defend the same against the lawful claims of all persons whomsoever; and that said land f: free
and char of a[I enntmbronces , except all taxes accruing subsequent to December 31, 197 .
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~routded ~tways that i said more a or shall
~ ( g 8 pay unto said moHgagee the certain promis-
sory note hereinafter suhstanfially copied or identified, /o-tuff:
- s
MORTGAGE NOTE RAMCO FORM 5A
3 23,000.00 Port St. Lucie ,Florida
- March 20, ' t9 80
FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one} promises to pay to
ELIZABETH MENZ
, or order, in the manner hereinafter specified,
the principal sum of TWENTY THREE THOUSAND AND NO/100--------------------------=-----/100 DOLLARS
(i 23, 000.00 )with interest from dace at the rated TEN per cent. per annum on the balance from time to time remaining unpaid. -
The said principal and interest shall be payable in bwful money of the United States of America at ~ First Federal Sav S Loan
:•r" Ft . Pierce, P. O. SBonnX 249 or at such place as may hercaftrr bedesignatcd by written notice from the'1~older to the maker hereof, on
r r . P i vi~ic dPdte i~ In ~e4r}l><nner following:
Principal and interest payable in 120 consecutive monthly
installments of ltao Hundred Forty Seven Dollars and Sixteen
Cents ($247.16). First payment beginning April 19, 1980 and '
monthly thereafter to and including March 19, 1990. The final
payment of $11,632.51 together .with accrued interest, if any,
will become due and payable, April 19, 1990.
The Makers reserve the right to pre-payment at any time
without penalty.
This note with interest is secured by a mortgage on real estate, of even date herewith, made by the maker hereo[ in favor of the uid
payee, and shall be construed and enforced according to the laws of the State of Florida.
If default be made in the payment of any of the sums or interest mentioned herein or in uid mortgage, or in the performance of
any of the agreements contained herein or in uid mortgage, then tlx tntire principal sum and acuued interest shall at the option of the
holder hereof become at once due and collectible without notice, time being of the essence; and uid principal sum and accrued interest
shalt troth bear interest from such time until paid at the highest rate allowable under the laws of the State of Florida. Failure to exercise
this option shall not constitute a waiver of the right to ezercise the same in the event of any tubsequcnt default.
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice notice of protest and notice of dis-
honor and agrees to pay all costs, including a reasonable attorney's fee, whether suit lx brought or not, ir,-after maturity of this note or default
hereunder, or under said mortgage, counxl shall be employed to collect this note or to protect the security of said mortgage. ,
Whenever used herein the ternet "holder, "maker and "payee" shall be construed in the singular or plural as the contezt may
require or admit.
Mater's Addreu ~ ~ ~b - -.-.(SEAL)
/S avidl B1acKbul~Rhl------------------------------------•--- - -
• ............••---...---•--...-............-•--•---.-..-......-......-.-..-----...--(SEAL)
1442 S.E. Larkwood Circle
Port...St : ~--Luc-ie-,_ •Fla: 334.5-2--...-- - t1R- -----(SEAL!
~COK P4Gf
- - --......----.-..(SEAL)