HomeMy WebLinkAbout0275 ~o ~iaue and to 3~old 1hc• samr. logell~r? with fltr Ir?semrnls. hrrrdsluments and appurlP
nances IhPrelo bPlunpinft, and Ihr rents, issues and prof ifs Ihereo), unto fhe morlpaprr, in )rP stmple.
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f ~s• murlgapor c•ouPnanls with the morlpogeP Ihat the mortpapar is inde)ewibly seized o) laic[
~ {and in )rP simple; that the mortpapor has good right and lau~)ul authority to connPy :aid land as o)o?r-
said; that t{+e mortuapor will malrP such further assurances to per)PCt the )ee simple title to said land in the
` mortpoper as may reasonably bP required; that the mortpopor hereby )ully WaRant! the title to said land
and will de)Pnd the some tipainst the lau~Jul claims o) all persons whomsoever; and that soil land is )reP
- and .clear of all encumbrances
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rouided ~twa s, lhal i said morlpagur shnll
y ) pay unto said mortpapee fhe cerlnin promis-
son note he?eina~ter substantially copied or identi)ied. to-unit: `
MORTGAGE NOTE RAMCO FORM 59 ~
I
s 10 , 000.00 Me 2bourne .Florida t
19 `
i
FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay tJouVIRGIi1IA 77
STAFFORD and JOHN STAFFORD
, or order, in the manner hereinafter specified,
the principal sum of Ten ThO11Sa1]d anG~----------------------------------(]p X100 DOLLARS
10, 000.00 with interest from daft at the rate of 8 lxr cent. per annum on the balance from time to ttme remaining unpaid.
The uid principal and interest shall ~pVayabl lawful money of the United States of America at office of Henry C. ROBBY
300 NS Bay Blvd, Pa1nPr aC"si?fh p~aZ'caa~ may hereafter be designated by written notice from the holder to the maker hereof, on i
the date and in the manner following:
Payable in 84 consecutive monthly inBtalllnante of
S155.87 each, including interest, beginning one
month after date.
This note foray be prepaid witi]out 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 laws of the State of Florida. The terms of said mortgage are by this reference
made a pan hereof.
If default be made in the payment of any of the sums or interest 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 without notice, time being of the essence; and said principal rum and accrued interest
shall both bear interest from such time until paid at the highest rate allowablt under the laws of the State of Fbrida. Failure to exercise
this option shall rwt constitute a waiver of the right to exercise the samr in the event of any subsequent default. ;
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice notice of protest and notice of die
honor and agrees to pay all cosu, including a reasonable attorney's fee, whether suit be brought or not, i~, after matursty of this note or default
hereunder, or undu said mortgage, counsel shall be employed to collect this note or to protect the security of uid mortgage.
Whenever used herein the terms "holder", Yinaker" and "payee" shall 5e construed in the singulu or plural as the Conte:t may
require or admit.
Maker's Addreu .,G-~~!. C-' --~~1`G~l4j'/~ .(SEAL) '
ua iy Lee~`Sl,et~rer
---••~.y. i) ~ r ................(SEAL)
1. .l~aicy.~l"+I: ~}ieaace>r
II 80((~(JJ~ PbGE 275
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