HomeMy WebLinkAbout2208 a ~
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• aguVe ial~ `p ~{{l~ Ihp same, fogelher with the teneme?tts, he?edituments and appu?fe- ~
/IafiCPf Iherelo l,plongirtg, a?td fhe rents, issues and profile Thereof, unlo the n?,ortga$Ee, in fee simple,
the mortgagor covenants with the mortgagee that the mortgagor is lndefeaslbly seised' of said
~ land in lea simple; that the mortgagor has good right and lawful authority to convey said land as ofore-
i said: that the mortgagor will make such /urlher asst?rances to perfrct the /es simple ttlle to sold land in the
mortgagee as may reasonably be required; that the mortgngo? hereby fully wa?rants the title to said land
a?t?i will defy?td the same against the lawful claims of all persons whomsoever; and that aatd land U f
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and clear of all encumbrance:, except taxes accruing _ subsequent to December 31, 1979.
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~r0u~ded ~tU~UJS, that t f said mortgagor shall pay unto sold maregngee the cerealn promis-
i sory note hereinafter subslantinlly rnpted or identified, to-wit:
MORTGAGE NOTE RAMCO FORM S,t
4, 400.00 PORT $T t LUCRE ~
March 31 ~ 1g80 ~
FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promim to pay to -
DANIEL J. MICHALOV and JEANNE M. MICHALOV, his wife . or in the moaner hereinafter specified,
the ptincipal sum of FOUR THOUSAND FOUR HUNDRED AND ------------------------------NO /100 DOLLARS
(i 4, 400.00 )with interest from date at the rate of 12X Pu eene. per snnum on the balance from time to time remaining unpaid.
The.said principal and interest shall be payable in lawful money of the United States oI America at 7706 Miramar Street,
Fort Pierce, FL 33450or at such place as may hereafter be designated by written notice from the bolder to the mater hereof, oa
the date and in the manner following:
Due and payable in One payment of FOUR THOUSAND FOUR HUNDRID AND NO/100 DOLLARS
($4,400.00), plus interest on March 15, 1981.
The makers reserve the right of prepayment at any time without penalty.
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'I'bis note with interest is secured by a mortgage on real estate. of even date herewith, made by the make hereof in [avor of the said
payee, and shall be construed and enforced according to the laws of the State of Fbrida.
I[ default be made in the payment of my of the sums 8r interest mentioned herein or in said mortgage, or in the perforaunce of
any of the sgr~ements contained herein or in aid mortgage, tbea the entire principal sum and accrued intemt shall at the option of the
holder hereof become at once due and colkcubk without notice, time beinngg o[ the essence; and said principal sum and accrued intesut
shall both bear interest from such time until paid at the highest rate albwabk under the faun of the State of Fbrida. Failure to exercise
this option shall not constitute a waiver of the nght to exercise the same in the event of any subsequent default.
Each person Uabk hereon whether maker or endorser, hereby waives presentment, protest, notice notice of protest and notice of dis-
honor and agrees a pay all costs, including a reasonable attorney's fee, whether suit be brought or not, if, after matunt of this rate or default
hereunder, or undo :sid mortgage, counsel shall be empbyed to eolkct this note or to protect We security of sai~ mortgage.
Whenever used herein the terms "bolder", "maker" and "payee" shall be construed in the singular or plural as the context may
require or admit.
Maker's Address i+IELCOME HOMES--CON$TRis:Gx~QDj ~...l,~jt~,,-..-•.--..--(SEAL)
1380 Port St. Lucie Blvd. BY.•.•.I~-/-•-~~+~*~~---~A---~i.U~xK);~Jw,...PI~~;i~AY~:....(SEAL)
Port St. Lucie, FL .33452 Il>< (SEAL)
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