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i~ ~o ~iaue and to ~iotd the same, fogeflter with the tenements, hereditamenls and appurfe-
IIAII!'PS Iherelo belonging, and the rants, issues and profits thereof, unto the mortgages, In fee simple.
I ~IRIL the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized iaf said
~ land in fee simple: that the altortgagor has good right n?td lawful authority to rnnvey said Land as nfore-
N said; That the mortgagor urill make such further assurances to perfect the fee simple title to said Land in the
~I mo.tgagee as may reasonably 6e required; that the mortgagor hereby fully warrants the title to said Land
and twill defend the same against the Iawju! claims of all persons whomsoever; and that said land L free
~ and char of all encumbrances
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~roueded ~1twAys, that if said mortgagor shall pay unto said mortgagee the certain promis- I
II sory note hereinafter substantially copied or identified, to-wit: ?
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~.o. „y, Iy_ Vrrer~er AroaN r Mo~rNr 4YeM•~h~Wwv t.cbMQ SEMINOLC iORM ~r ~
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i 8 , 000 , oo Mort~~,e~ .15YtoteLueie FI«ids Aril 18 19 80
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FOR VALUE RECEIVED the undersigns! promise: tt pat to the order of
GEI4 BUILDERS, INC., a Florida Corporation
,
Eight Thousand and no/100 ---------------------.oollar:
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me prir?crpal wm of. •
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together with interest Iherepn at Iho rats d 11 .per cent per annum Iron date _ ~ ~
E i uotd marwdy, bosh principal and interest bsirtp paYabk in Lawful Money of the Umtsd Stales, wcb pincipsl sum and inbrest payable in installments as follows:
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Repayable as follows: $2,500.00 plus interest due on May 31, 1980;
j $2,500.00 plus interest due on September 30, 1980; and $3,000.00 plus
~ interest due on April 1, 1981.
+ I Such installment payments shall be applied ?irst to the interest accrwng under the farms of this hole and Then to a reduction d the prirstipsl indebtedness. 3
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TM makers and endorsers of This role further agree to waive demand, notice d nar?-payment and protest, and in the evert wit shall be brought for IM
collection hersd, or the same has to be collecSted upon demand d an attorney, to pat reasonable aRwnsy's fees fa making loth collection. All payments here-
u~der shall bear interest at Ihs rats of ~ ~ a..J.. percent per annum born rratwity until paid. This note is secured by a mortgage d even dale herewith and is to
f be construed and enforced accordm9 to Ihs laws of IM Slate of Florida; uFon defauh in tM psY~nt of principal andtor interest when due, Ihs whole sum of
l pr~nupal and interest remaining unpaid shall, at lM option of the holders, txcoms irMredialely due and payable. Faihtrs to exercise this option shall not tonstrtute
j a waiver of the right to exercise the same in the event of wbsequent default.
i X /s/ Adnan Asad ._..ISEAI;
Datable a? 1.002 Pr~$ ton._I,ane A~t~ att Ag ad_...... i ,
~ Port St. Lucie Florida 33452 -7s/ Zahida Asad
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Zahida Asad
~ I or wch other place as shall be . . _ _ _.........._..........._.ISEAL) i J
€ designated by the holder of +h~s ISEAI~ I c
{ i note m wnhng _ ' +
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