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~ 3o i~ue ilfld to Mold the same, together with the tenements, herodilamenfs and appurte-
rrarrces tllPretA 6elorrgirrg, a?td the rents, issues and profits thereof, unto the mortgagee. to jea simple.
the mortgagor rnvenanls with the mortgagee that the mortgagor is indejeast6ly seized of said
Laud in fee simple; that the mortgagor has good right and lnwjul authority to convey ,aid land as ajoro-
said; that the mortgagor will make each further assurances to per/ect the fee simple title to said Ind in the
i mortgagee as may reasonably be required: that the mortgagor hsroby fully warrants the title to said land
f and will defend the same agninat the lawful claims of all persons whomsoever: and that said land is jroe
and clear of all encumbrances except taxes accruing subsequent to
December 31r 1979.
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j ded ~S, that ij said mortgagor shall' pay unto said,mortaao» the creairt pronsb-
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I sory note hereinnjter substantially copied or identified, to-wit:
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? s5, 500.00.......... Port_St. Lucie..»....... Florida,. April----- 1980---
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.a;pr ~21~pt' ~Zt'Cf'tlit?a the undersigned jointly and severally promises to pay to the order
of LOUIS __BI FULCO__and__ AURORA _ BI FULCO~~ t~-}_~--
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the principal sum oft'AVE..~H4~1.~~.~lH~...F~.Y.E--HS1.N~H~><?.-AN~l
.............Dollars (i.~.s.`~.Q4a.:QQ.......--•~. '~~c
. ' together with interest thereon From date st the rate of...12$
......................~er cent. per arsrwm until maturity,
said interest being payable monthly on the lst
...........................day of each and .very month both principal rA
and Interest being payable to lawful money of the United States at.2853__,ROSE'~RI~H__.QjZ~~,~~ k,.~
' TIMBERWICKr JEN_SEN BEACH,_ FLORIDA 3345.7 _ _ _ _ s...:r~'
or st such other place as the holder hereof maydesignate in writing. Prindpal and interest payable in ir~ista~ll- j
ments of _ONE__HUNDRED_ TWENTY-TWO..
A~ID__ ~6110Q Dollars,. (s~~.2-..~~__..
~ ~ each on theist--______day of each and every month, beginning on the 1st--_----.....day oF.l!'laY
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1~Q...., and contirwing until said principal end interest have been paid. Each inslsllmeN payment shall b• , ,
uadited First on the interest then due; end the remainder on principal; and interest shah tMreuport cease upon 's';t'
tM principal so uedited.
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Priviledge is reserved to~prepay all or any portion of the within `
indebtedness at any time without penalty.
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.Each maker and endorser severally waives demand, protest and notice of maturity, non-payment or protest and al! re•
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~ quirerMnts necessary to hoW each of them liable ss makers and endorsers.
_ Each maker and endorser Further agrees, joinly and severally, to pay all costs d collection, including a reasonable anor- °f~~'
r Her s Fee in case the principal 01 this Hole or any payment on the principal or any interest thereon is not paid of the respective ~r~
maturity thereof, or in case it becomes necessary to protect the security hereoF, whether suit be brouyM or rat. ~ f •
r This note and deFerred interest payments shall bear interisl al the rats o~ 12$ per cent. per annum from maturity J
until paid. 's.
• This rate is secured by s First mortgage of even date herewith and is to be construed and enforced according to the laws ;t~
of iM Stale of ilorida; upon delauh in the payment a( principal and;or interest when dw, the whole wm of principal acrd
interest remaining unpaid shall, at the option of the holder, become imn+ediately dw and payable. j~~.
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" ......_.._....BOOK_tX.rV_p4`~~~_........(Seal) Jo - (Seal) s~
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