HomeMy WebLinkAbout2396 f
1 ar.
1
j; j~ Iif~Ve AML l0 1W11i< the same, together witR +he tenements. I~eredifaments and appurle-
riances thpraia hrl~~~yir~g, uriil ti:2 rents, issues and profile thereof, unto the mortgagee, in fN simple.
the mortgagor covenants wi yy~~I£mo?lgagee that the mortgagor u inde%asibly seized o/ said
lard to frr simple: that the fortgagor has~gobd rtght and lawful authority to rnnvey said land os aforo-
said: that the mortgagor will males such further assurances to perfect the fee simple title to said Land in the
~I mortgagee as may reasonably be required: that the mortgagor hereby f
oily warrants the title to said land
and will defend the same against the lawful claims of all persons whomsoever; and that said land it free
and clear o/ all encumbrances except 8 first mOrtgt3ge.
I
I
Ii
i
i
~
~~~tded ~~s that iJ said mortgagor shall pay unto snid mortgagee the cerenin promis-
sory note hereinafter substantially copied or identified, to-wit:
.
.
11,000.00 Fort Pierce, Florida April 2 Ig 80
` FOR VALUE RECEIVED, the undersigned, jointly and severally, promise to pay to the
.order of _ ROSS AND RACE FOODS , INC .
_ _ : 2800 Ocean Drive _ _ at Riviera Beach ~Fl 33404 -
the principal sum of 1rLEVEN THOUSAND and no/100's- 'DOLLARS, with
interest at the rate of per cent per annum from date until
nnid_ in inRtallment.4 as follows:
INTEREST PAYMENTS ONLY FOR 35 MONTHS IN THE AMOUNT OF $165.00
EACH, COMMENCING MAY 2, 1980.. PAYMENTS IN CONSECUTIVE MONTHS.
ON APRII~2, 1983 THE ENTIRE PRINCIPAL OF $11,000.00 SHALL BALLOON
AND BE DUE AND PAYABLE, TOGETHER WITH ONE MONTHS INTEREST OF
$165.00.
PREPAYMENT, WITHOUT PENALTY, IN WHOLE OR IN PART, IS HEREBY
RESERVED BY MAKER.
If any installment be not promptly paid within t-h3 r~ days next after the same be-
comes due, then, at the option of the holdQr hereof, the full amount remaining due upon
this note shall thereupon become due and payable at once, together with all other indebt-
edness stipulated in this note and in the mortgage given to secure the same.
t The makers and endorsers of this note further agree to waive notice of non-payment,
i protest and demand for payment, and in case suit shall be brought for the collection
hereof or the same shall be collected upon demand of an attorney, to pay all expenses
~ of such collection, including a reasonable attorney's fee thereon
s -
.
4
/s~ ROBERT M, JERNIGAN (SEAL)
Robert M. Jernigan
_ (SEAL)
i
I) nit peGE2,J~J
~ ~~1,<328