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~o ~iaue and to Mold the same, together with the tenements, heredilame?tls and appurte-
nances]t~h.,er~eto belonging, and the rents, issues and profits thereof, unto the mortgagee. to jee simple.
~i1N~ the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized of aaid
land in jee simple; that the mortgagor hers good right and Inwjul authority to convey :aid land as ajoro-
said; that the mortgagor will make such further assurances to perfect the jee simple title to said land in the
mortgagee as may reasonably be required; that the ?nortgagor hereby fully warrants the title to said land
and will de/end the same against the lawful claims of all persons whomsoever: and that said land u free
and clear of all encumbrances- EXCEPT: Mortgage 1n favor of First National
Bank and Trust Company of Riviera Beach, recorded in Official Record
Book 296, Page 1539, St. Lucie County, Florida; public records.
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~rouided ~~WatJS, that ij said mortgngor shall pay unto said mortgagee the certain promis-
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sory note hereinafter substantially rnpied or identified, to-wit:
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s 20,000.00 April 19 80
FOR VALUE RECEIVED, the undersrgrred, jointly and severalty. PROMISE TO PAY to the order of ERWIN LIEBERMAN and
DQRnTNY M .T .A .RMAN,: his wi e
Q DOLLARS,
a t ~ ` 6 ~ tU !V E ~ 9 ~ I / ~ ~ 7 ~ n. suelt other otary as the holder .
~ hereof may drtsignate in writirrg, together with interest from date at the rate of per centum per annum on the unpaid balance until maturity.
The card p.incrpal and interest shalt be due and payable AS FOLLOWS : Interest only in the amount of
$216.67 payable monthly on the of each month beginning May 1980
p and on the-~~of the month thereafter until January .f~,, 1981 at which
time principal and interest will be due and payable in the amount of
$509.39 per month beginning January 1981-and continuing monthly there
( after until paid in full.
PREPAYMENT MAY MADE IN FULL AT ANYTIME WITHOUT PENALTY.
r1 defaWt be made for days rn the payment of any rnslallment o1 prrntrpal or rntlreSt or any Dirt thereof, the whole sum then remarnrng
~inpard wrth rnterest shad at holder's oplrOn oetome due and Dayable wrthOUt nOtrtl. Farlur! to exercise such Optron shad not conS(~(/1t! a warner o/the
..qnt -o exerusE the same m the event of subsequent delaWt- After maturity both prrnupat and accrued rnterest shaft bear rnterest atli_per centum per
annum until pard. Th! miners and Indorsers of thrS Holt furthlr wave demand, notice of non-payment and DrOtlSt. 11 MSS note rS n0[ pa!d at matWrty
,rnO the Sam! rS DNCed with an dROrnly fOr COrIlCtrOn, the makers and endorsert hereof agre4 to Day all costs of collecUOn, mcludmq all Court costs and
-easonable altorney lees. - r
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