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HomeMy WebLinkAbout2673 t~~ ~ arc`'. . " ~Q ~t ~ ~ the name. together with the tenanenb. herodttamenb and appurte- nanees theroto 6elongtng, and the rent. issues and pro/its there% onto the mortgagee. in simple. the mortgagor eonenanb with the moMgag« that the mortgagor is ind%asibly seized of said land in /ee simple: that the mortgagor has flood right and lawjut authorih to oonwfr said tend a aforw said: that the mortgago? will malts such further auuronoes to pa{srt the j« simple tote to said land to the mortgag« a may reasonably be required: that the mortgagor hereby juQy wan~anb the title to said tared and wit[ de%nd the same against the lawful cbinrs of all pe?sons whorn:wner: and that said land i. free and clear o/ all enrumbronces - - f ~_"'~w ~Ss that if snfd mortgagor shall pay unto said mortgagee dig o'rtatn promis- sorjr rate henenaf ter substantially copied or identi/ied, to-wit: MORT~3A~iE NOTE AMOINYT LOCATION DATE s 2,250.00 Part St. -hucie, Florida May 23, 1980 FOR VALUE RECEIVED,'the undersigned, (jointly and severally, if moro than one) promises to pay to SHARON P . SPRAGfE, formerly 1Qtiown as SfiAR~1 P . ~owN 2358 SL._.*+a++''+-H eld Road, Winter Park, Florida 32792 or order, in the manner heroinafter specified, the principal wm of 'IWO Tt~t1SAi~ID 1WD 1$1r1DIRED F7.~~'Y AND NO/100---------------------------------'(S 2,250.00-------) . With interest from date at the rate of per cant, per annum on the balance from time to time remaining unpaid. The said principal and interest shall be payable in lawful money of the United States of America at d?e above address or at such place as may hereafter be designated by written notice from the holder to the maker hereof, on the date and in the manner followirq: Principal and interest is payable in equal installmefits as follows: Begiiming on ,Tune 23, 1980, the sum of $104.87, and the same atno~tnt on the sail]e day of eadi month, in each year thereafter, tntil the entire stm of $2,250.00 together with interest, as h~tein provided, has been paid in 1. - All payments are to be applied first to interest at the rate specified herein apart die principal stm of $2, 250.OOi or so m»ICh ttrereof , as may from time to time ruin u~patd and the balance of eadl paymeZtt shall be applied to principal. Otis mote is prepayable in whole arr in part at any time without penalty. Zhe tax require8 by Section 201.08 of the FLo~rida Statutes has bets paid and pYnper stamps have been affixed to the mortgage which secxaes the obligations evidenced by this note. 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 7 said payee, and shall be construed and enforced according to the laws of the State of The terms of said mortgage are by this reference made a part hereof. If default be made in the payment of any of the wms or interost mentioned herein or in said mortgage, or in the performance of any of the agreements contained herein or in said mortgage, then the entire principal sum and accrued interest shall at the option of the holder hereof become at once due and collectible witfiout notice, time being of the essenca; and said principal wm end accrued interest shall both bear interest from wch time until paid at the highest rate allowable under the laws of the State of Florida . F_ silure to exercise this option shall not constitute a waiver of the right to exercise the same in the event of any wbsequent defwlt. Each person liable hereon whethm maker or endorser, hereby waives presentment, protest, notice, notice'of protest end notice of dishonor end sprees to pay all oohs, including a reasonable attorney' ,whether- brought or not, if, after maturity of this note or default hereunder, or under said mortgage, counsel shell bee yid o collect K note r to protect the s,curity of said mortgage. VYherever used Mn in the brrnt 'hokfer', 'maker's 'pay :hall be in the singular or plural as the context may require or admit. - ~ - D - r. MAKER'S ADDRESS ~ r _ p~ ~ t J J . 1~~ PAGE ~ - ~ ~ u _ - _ -