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HomeMy WebLinkAbout0877 - • r, . ~o ~iaue and to ~lotd IItP same. together with the tenerltenb: '/teredilamenla- and appurte- nnuces IhPrefo l,Nlouttiug. and the rents, issues and projifs Ihe?eoj, unto the morfgagee,•in jse simple. ~ ~ i~nd fhP mortgagor rnvenants with the mortgagee that the mortgagor is indefeasibly seized o/ said [ land in fee simple; Ihaf the mortgagor has good right and lawful authority to convey sntd land as ajoro- said: that the mortgagor will make such further assurances fo perjpet the jse simple fills to said land to the I~ mortgages as may reasonably be required: that the mortgagor heroby fully warrants the title fo satd land I~ nrtti will dejertd the sams agninst the lawful claims of all persons whomsoever; and that said land is free and clear of all encumbrances except taxes accruing subsequent to December 31, 1979. f~ I~ . - 1 3 ) . t i I ~roa~ded 1tfLWaysy that ij said mortgagor shall pay unto said mortgages the certain promis- sory note hereinafter substnntinlly copied or fdentijted, to-wit: t MORTGAGE NOTE RAMGO FORM II1 Fort Pierce . Fbrida 11,000.00 April 7 1~0 FOR VALUE RECEIVED, the uadenugned, (jointly and severally, if more than one) promises to pay to _ ROSE MARIE COFF!!AN or order, in the manner hereinafter specified, the principal sum o[ ELEVEN THOUSAND --------------------------1100 DOLLARS 11, 000.00) ""m intetyst from date at tie rate of 13 per cent. per annum on the baL?ace from time w time twnaining unpaid. The said principal and interest shall be payable in lawful money of We United States o[ America at 1212 Daymari Ave . , Ft . Pierce, Fla. 33450 or at such plate as may hcrea[tcr be designated by written notice from the holder to the maker hereof, on the date and in the manner folbwing: I~ ~ Payable in One Hundred Twenty (120) equal monthly installments of One Hundred Sixty Four Dollars and Twenty Five Cents ($164.25) including principal and interest. First payment due 'Stay 7, 1980 and monthly thereafter until said principal and interest due thereon are fully paid. The maker reserves the right of prepayment•at any time without penalty. Thu note with interest is secured by a mortgage on real estate, of even date herewith. made by the maker hereof in favor of the said ' f payee, and shall be comtrued and enforced according to the laws o[ the State of Fbrida. If default be made in the payment of any, of the sums or interns mentioned herein or in said mortgage, or in the performance of any of the agreesneAU contained huein or in cad sswrtgage, thrn the' entire prinupal sum and acuued interest shall at the option of the holder hereof became at once due and colkcubk without notice, time being of the essence; and sa,d principal sum and accrued interest shall both bear interest from such time until paid at the highest rate albwabk under the laws of the State of Florida. Failure to exercise this option shall not comtitute a waiver of the right to eserwe the same in the event of any subsequent 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 be brought or not, i(, alter maturity of this note or default hereunder, or undo satd mortgage, counsel shall be empbyed to collect this note or to protect the security of said mortgage. Whenever used herein the terms "holder", "maker" and "payee" shall be construed in the singular or plural as the context may I require or admit. Maker's Addreu ~sl._SONYA--HAGOOD ............................................................••---(SEAL) SONYA HAGOOD ........................................(SEAL) 3404 Avenue O _ ..(SEAL) ..............Ft.,...pier-ee-s•-• Rla....33454-.........---..........-..-.._....._....... .....-....{~s~~- ....-_600Kt)iGt;~ PACE V~ ...._(sEAL) ~i . I ~