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70 I1~IVL ~ ~ nD~ th.:aR~. tog.ehK with th. etnan.Mati ltend~tatrtehts. std appurt.-
nance,]t~h,.er~eto belonging, and the rent,, is~tu, and projtt, theryoj, tutto tlt. RiwtgagN, en je. glntpla,
itillY th~-ntortgogor cownanb with the ntoregoges that the t~tortgagor to endejewibly ,elzed of ,old
land in /ee ample: that the mortgagor ha, good right and Iawju! authority to contrey laid land os ajorn-
,aid: that the mortgagor will malts such jurlher auuronee, to perjrct the j1e simple title to ,std land in elf.
mortgagee as may r+,asona6ly be required: that the mortgagor hen6y /ally wan~artb the ettb to ,aid lartd
and will defend the same against the lawful claims of all person, whom,oetrer; and that ,aid lord t, jne
and clear of all e?tcumbrartee, , except taxes accruing subsequent to December 31, 1979.
]S, that ij ,aid mortgagor shall pay unto said mtrrtgog.e the c«tein tsr+otwis--
aory rtofe hereinafter substantially eopit3d or tdentijtt?d, to=aril:
MORTGAGE NOTE RAMCO FORM 8S
Ft . Pierce ~ .Fbrida
X16,500.00 May 13 ~ I9 80
FOR VALUE RECEIVED, the undersigned, (jointly and sxvcrally, if more than one) Promises to pay to
ROBERT JAMES GRIFFITH -
. atr order, in the manner hereinafter specified,
the principal sum of SIXTEEN THOUSAND FIVE HUNDRED AND NO/100------------~---~-------.100 DOLLARS
(i 16,500.00 ) froaa date at the rate of 12 1/2 per tint. pa annum oa the balance (rata time to ttme remaining unpaid.
'The said principal and interest shall be payable is lawful money of the United States M Amerin at Rt. 7, "OX 726, Ft. Pierce,
Florida 33452 or at such plan as may hereafter be designated by written ssotice from the holder to the maker hereof, on
the date and in the manner folbwing:
Payable in Quarterly payments of $4,125.00, plus
interest due thereon. The first payment due August
~ 13, 1980 and the final payment due May 13, 1981.
The makers reserve the right of prepayment at any
time without penalty.
?his note with interest is secured a mortgage on real estate, M twen date herewith, made by the maker hereof is favor of the aid
payee, and shall be construed and entor according to the laws of the State of Florida.
If default be made in the payment of any of the sums or iatvat mentioned herein or is said mortgage, or in the performance of
any of the agreements contained heron or b said mortgage, then the entire principal sum and accrued interest shall at the option of the
holder hereof become at once due and colkcttbk without tsodtx, time being a[ the essentx; and said principal stun and accrued interest
~ shall both bear intuest from such time uau7 paid at the highest rate albw k undo the laws of the State of Fbrida. Failure to exercise
this option shall swt constitute a waiver of the right to exercise the same is the event of say subsequent default.
E Each person liable hereon whethv make or endorser, hveby waives presentment, protest, swtitx notice of protest and notice of dis-
honor and sgrctx to pay all Fosts, including a reasonable attorney's fee, whether suit be brought tx trot, ift, afty maturity of this note or default
hereuodv, or under said mortgage, counsel shall be empbycd to collect this note or to protect We security of said mortgage.
Whenever used herein the tams "holder", "maker" and "payee" shall construed ' e sin ulat to plural as the context may
require tx admit.
Makei s Address .......................................(SEAL)
- P~u1 P. LiCa
. ' ....5.:....~t~c..............................--•--•--.(SEAL)
3200 Maravilla Blvd. n~t LiCausi
` Ft. Pierce, Fla. 33450
(SEAL)
D~
eornc~~ PaGE~~
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