HomeMy WebLinkAbout0497 i
~o ~iaue and to Mold t{Ie snnle. Fogel{lee with the tenements, heredifamenfs and applrrfe-
,i nances therel0 belonging. and the rents, issues anal profits thereof, unto the mortgages, in fee simple.
i
end the mortgagor col~enanfs with the mortgagee that the mortgagor is indefewibly seized of said
land in fee simple: that the mortgagor has good right and lawful authority to convey :aid land as afore- t
i said; Ihal the mortgagor will make such further assurances fo perfect the fee simple fills to said land in the
. mortttages ns may reasonably be required: that the mortgagor hereby fully warrants the title to said fond
arlri will defend the same against the lawful claims of all persons whomsoever: and that said land is free
and clear of all encumbrances
t
EXCEPT taxes subsequent to December 31, 1979.
i
1
!f
1j ~rouided ~tways, that if said mortgagor steal! pay unto said mortgagee the certain promis-
~I spry note {iereinafter substantially copied or identified, to-wit:
FORM 101 PROMISSORY NOTE ~
S 65,000.00 Stuart, Florida May 14 Iq 80
FUR VALUE R!:('l:1VE1), the undcnigned jointly and severally promise Is) to pay (u the order I,f ,
DOiQAID L. ESI~S and MAE T. , his wife
at 2135 Lake Alden Drive, Errol Estates, Apopka, Florida 32703
or at such-place as the holderlsl of this note may designate in writing the principal sum of SL~fI'Y-
FIVE TIiOU.SAi~ and NO/100
DOLLAftS
together with interest thereon from May 14, 1980 at the rate of 12-1/2 ~ per annum on the
'i unpaid balance until paid. PAYAHIE AS FOLLOWS: ITl equal monthly instalments of $695.99, '
which includes interest, with the first instalLt>ent due Ixi'the 14th day of ..Tune, 1980,
j and continuing on the same day of each month thereafter until May 14, 1990, on which said
date the enntire unpaid principal balar~oe and any aecn~ed interest beootttes due and payable.
Eacfi such monthly payment shall be applied first to the payment of interest an the tmpaid
balance then to the payment of principal. The privilege of making payments in advance
l of the due dates without penalty is retained by the maker.
a
If default be made in the paymcnl of :u~y inaalhnrnt under this nl~te, aria if such default is nut m:ui~•
good within 30 day, after due date the entire principal sum an~i scented
interest shall at once become due anJ p;~yahk H•itt~out notice at the option of the holder(s) of this note. Failure
E to exercise this option shall not romtitute a ~~~ai.~~r of tl?e right to exercise the same at a later time for the wale
default or fur any subsequent default. In the r~•ent of default. in the payment of this note, and if the same is
placed in the hands of an attorney at law for ruUrrh~m. the undersiglud hereby agree(,) to pay all rua~ of roller-
lion including a reasonable attorney'ti ter. Prr.entnlent, pr~~tcst and n~~ Ire are tlereh si ed.
GOLF [vv~s~ -r~T~
• - - iSEAI.1
_Z
•T
~ I ~ ~ 1 - (SEAL)
~ . ~ <
~ ~ fSEALI
M1rK7lITF 1 FOAI SU~1_~/ CA nq? r• •~ra~ cr swine - ;
-
~
~a
I
t Y1~1rrY ~/V~/ PQCE
_
=3
~a~