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fl><QYe ~ W IW~ the same, together with fhn tenements, heredilaments and appurte-
nances thereto belonging, and the rents. Issues and profits lltereof, unto the mortgagee, in fee simple. j~
the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seised of snid
Innd in fee simple; that the mortgagor has good right and lawful authority to convey said land as afore-
said: that the mortgagor will make such further assurances to perfect the fee simple title to said land in the
mortgagee as may reasonably be required: that the mortgagor hereby fully warrants the tills to said land
and will defend the same- against the lawful claims of all persons whomsoever: and that said land 1: f
res
and clear o/ all encumbrances except taxes accruing subsequent to December 31, 1979. t
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~V(4~I1 7UWn~sr that if said mortgagor shall pay unto said mortgagee the certain promi:-
sory note hereinafter substantially copied or identified. !o-wit:
1
MORTOAOt NOTtt RAMCO FORM ~
Stuart , Fbrida
i 42,900.00
April 1L 19 80
FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to SuMaC ZnVestmentS,
Inc. ~
or order, in the manner hereista[ter specified,
the principal sum of Forty Two Thousand Nine Hundred and No/100----------------------/1~
42,900.00) iaterut [rom date at the rate of 12$ per «at. per annum on the balance from time to ume retnatsung unpaid.
The said principal a~ interest shall be payable in lawful money of the United States of America at 1845 S.W. St. Andrews Drive
Stuart, Florida 33490 or at such place as may herea[ter be designated by written notice from the holder to the maker hereof, on
the date sad in the tnannu (olbwing:
TERM OF MORTGAGE FOR ONE YEAR FROM DATE OF NOTE.
MONTHLY INTEREST PAYMENTS COMMENCING MAY 11, 1980, IN THE AMOUNT OF $429.00, WITH l
PRINCIPAL BEING DUE AND PAYABLE ONE YEAR FROM DATE OF NOTE.
THIS NOTE MAY BE PREPAID IN PART OR IN FULL AT ANYTIME WITH NO PENALTY.
(COPY)
3
This note with interest is secured by a mortgage on real estate. of even date herewith. made by the maker herco[ in favor of the said
payee, and shall be construed and enforced according .to the laws of the State of Fbrida.
t If default be made in the payment of any of the sums or interest mentioned herein or in said mortgage, or in the pcrfotmaace of
any of the agreemenu contained hueta or in said mortgage, then the entire principal sum sad accrued interest shall at the option of the
holder hereof become at once due and coUecabk without notice, time axing of the essence; and said principal sum and accrued interest
shall both bear interest from wth time until paid at the highest me alk,wabk undo the laws of the State of Fbrida. Failure to exercise
this option shall sat constitute a waivu oI the right to exercise the same.ia the event o[ any subsequent default.
Each person liab4 hueon whether maku or endorser, hueby waives presentment, protest, noti« notice of protest and notice of dis-
honor and agrees to pay all costs, including a ressosubk attorney's fee, whether suit be brought or not, ij, aftu maturuy of thu note or default
hereundu, or under said mortgage, counsel shall be empbyed to collect this note or to protect the security of said mortgage.
Whenever used herein the tenw "holder", "maker" and "payee" shall be construed in the singular or plural zs the context may
require or admit.
Maker's Address 1s,f...l~axk._~._. BAtt . ......................»......................(SEAL)
Mark J. Bolt
1652 S.E. Mistletoe Street ...../.c~•-Cindy--T.---$ott
...................».».......----..».............(SEAL)
Port St. Lucie, Florida 33452 Cindy T. Bolt
.........---...................(SEAL) s
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