HomeMy WebLinkAbout0743 •
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1~ ~o ~ltue and to ~iotd the same, together with the tene?neny. ~ef~ditbm,nfs pppurte-
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Trances Iherefo belonging, and the rents, issues and profits thereoj, unto the m~rtgages, in jcs aimp e.
the mortgagor covenants with the mortgagee that the mortgagor u tndejeasibly seized of said i
Land in fee simple; that the mortgagor hw good right and lawful authortty to convey :aId land as afore-
said: that the mortgagor wlll make suck further assurances to perfect the /ee simple title to said land to the
mortgagee as may reasonably be required; that the mortgagor hereby /ally warrants the title to :aid land
and will defend the same against the lawful claims o/ all persons whomsoever; and that said land is free
and clear of all encumbrances except taXeB aCCrUing subsequent t0
December 31, 1979. j
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' ~COUided ~ttUlt~S, that ij said mortgagor shall pay unto said mortgagee the certain promi,-
1I sort' note hereinajfer substantially copied or•.Identi/ied,. te;-u+~;~,~.
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J ;54.000.00........ Port--St....Lucie.---...._.. Florids Arpril ..............~~_....~~,1980_ .r'*
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~pr ~ ~[tetMltt~ the wtd•rsi~nd )oirtllt? and severally promises to pay to tM ord« i~~
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• of ~.~1`ea~.~.s... FA~~v~A.R ~!f!~
i~~tFe..~... F?~SZUHA~_.bi~E..~t~~~ ,
* tlt. principal sum of ~~F~X..Fi,2~I7Q..~S21,~
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~1~I4..1N41.
I~Q4--------------- ooNars (i~ ~4.s.QQ
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' together with interest IMr•on kom date st the rate of.. 12...-..------•----....._.~r c•ttt. per stwtum utttt~ mafttnty,
said interest beitt4 payable tttonthly on th.25th......_..~_........_..day of each and •vey modh both principal ~r•:~
%c and interest belay payable in lawful money of the United States at_~4.!~.. NI^I __~.4.?.~~..~~~.et~t •r` f
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Miami.r._ Florida 33168 .............................--._.Fiorida,
J • a of such other place as the holder hsreof may d•siynate in writirty. Principal sad inters1 payable in instant- t
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meros of..~~Yf:..~Sf~~B~~CTX..F~~T..,aBIA._.?51..,~.QQ._..._..._.._._..~._.. poNars, (i~b.&~?Z~_.~.)
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each on the~~t~......day of each and .very month, beyittstiny on the ~ir~ ._._....day ofMaY.~ r'c
1~.4_..., sad. contirwin9 uro~ said principal sad interest. have been paid. Each instsNment. payment shad be ",e
cretfited first on the irN•r•_st then dw; and the remainder on principal; and interest shah thereupon rise upon x~,
the principal so a~•dited. ~L:,t
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Notwithstanding anything contained herein to the contrary, this
~i~ Note and all accumulated interest due thereof shall be fully due x~+~r
and payable within four years from the date hereof, reserving ~C+`!i
'r unto the Makers the right to prepay all or any portion of the
within indebtedness at any time without penalty. -
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Each matter and endorser tevtraNy waives den+and, protest and notice of n?aturity, non-payment a protest end aN r••
quirements necessary to hold each d them ~ieble as makes and endorsers.
~L:. Each maker and endorser further sprees, jointly and severally, to pay all cost: of collection, inchdiry a reasori~ble actor-
~ ner s Fw in use the principal d this hole or any payment on the principal or any interest thereon is not paid at the respediw x~i
r-~ raatwity ihered, or in ere it becomes necessary to proles the securify hereof, whether wit be brought or not. ~L,+
This note end deferred interest payments shah bear interest at th. r:~e of 12 per cent. per annum nom maturity 1~?+~~.
wdil paid. si
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~ This note is secured b a first mort of even date herewith and is to be conilrwd and enforced sccordi to the laws
i-~ of the State d t1orida; apron defauN in
t~he~ paymsnt of principal andlw interest when dw, the whole swn of aincipal and ~G
~ interest remsininy unpaid shall, N tM option d the holder, become immediately dw and paysble_ x+.~
r' 600 ~ PAGf
~ Ver ii o 'ari-
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