Loading...
HomeMy WebLinkAbout2161 • ~ . L_.. 1<1AYe ~ ehs tams, together with the tsnamenb~ handitame?tq ~r~ ~ppurte- ttances thereto belonging, and the rents, issues and proftfs thereof. unto the moregogss. in fee stmpls. the mortgagor covenants with the mortgagee that the mortgagor 4 indefeasibly seized of tail land In fee simple; that the mortgagor hat good right and lawful authority to convey said land as of ort- sald; that the mortgagor will made tuck further assurances to perfect the fee simple tltb to said land in the mortgagee as may roasonably bf required: that the mortgagor hereby fully wannrets the title to Bald land and will defend the same against the law/ul clnlms of all persons whomsoever; and that said land is jrw and clear of all encumbmncss except those taxes accruing subsequent to December 31, 1979. ~V111CR ~u~yS, that if :aid mortgagor shall pay unto :aid martgagee the ceffaln promts- MORTOAOE NOTE RAMCO FORM 8! = 120, 000.00 PORT ST. LUCIE , Fbrida April 30, . 19 80 FOR VALUE RECEIVED, the undersigned,. (jointly and severally, it more than one) promises to pay to ~ TERRENCE L. MOSLEY and MARY L. MOSLEY, his wife & LARS P. LINDQUIST and VIOLA F. LINDQUIST,~}~p or ads, is the manner hereinafter specified, the principal sum of ONE HUNDRED TWENTY THOUSAND DOLLARS AND NO/100-------+y~ (i 120,000:00) incases from date at the rate of 10'~ per cent. per annum oa the balance from time to time remaining unpaid. The raid prindpal sad interest shall be payable is Iawful mosey of the United States of Ameriri at 1564 Thtttnb Point Drive, Ft. Pierce, Fl. 33450 or at such place as may hereafter be designated by written notice from the bolder to the maker herco[, on the date sad is the manner folbwit~: One Thousand One Hundred Ninety-Eight Dollars and 06/100($1,198.06) including both principal and interest on the unpaid balance, to be paid on May 30, 1980, and a like sum on the 30th day of each month - thereafter up to and including the 30th day of September, 1987. On the 30th day of October, 1987, the entire remaining principal balance, including interest of $101,056.05, will become due and payable. The makers reserve the right of prepayment at any time without penalty. "This 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 payee, and shall be Construed and enforced according to the lave of the State of Fbrida. If default be made in the payment oI any of the sums or interest mentioned herein or in said mortgage, or in the performance of any of the agreemenu Contained herein or in said mortgage, they the entire principal sum and acuued interest shall at the option of the holder hereof become at once due sad colkcubk without notice, time being of the essence; and said principal sum sad accrued interest shall both bear interest from such time until paid at the highest rate albw k under the laws of the State of Fbrida. Failure to exercise ~y thu option shall not constitute a waiver oI the ngbt to exercise the same is the event of nay subsequent default. ; Each person liable hereon whether maker or endorser, hereby waives preseatmeot, protest, notice rwtiee of protest and notice of die r honor and agrees to pair all costs, including a reasonable attorneys tee, whether suit be brought or not, if<, after maturity of this note or default hereunder, or under said 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" :ball be conswed in the singular or plural as the context may t : require or admit. Maker's Address IS/, EDWARD..G ~...TOZ~ji......---• .................................................(SEAL) BDWARD G. LLITZOEBBZER ` /S/~~~ H.T TULER ..................................................:.(SEAL) i 11.4 St. Lucie Lane _ 1~ .............S~~~r~.,...~~~......~~~94......................-.......-............-........--- ............................_.....................................................-..................(SEAL) i pR c~~ BOCK.3~O--.PtGE~~ .............•-•-•---....................................(SEAL) I ~ i