HomeMy WebLinkAbout1304 ~ ~ it ~ ~ _ -
i~ ~o due and to Mold fha same, together with the tenements. heredilaments and appurte-
~I
j nances Thereto belonging, and the rents, issues and projifs fhereaj, unto the mortgagee, in jee simple.
the mortgagor covenants with the mortgagee that the mortgagor is indejeastbly seized of said
i land in fee simple; that the mortgagor has good right and lawful authority to convey said Land as ajore-
said; that the mortgagor will make such jurther wsuronces to perfect the fee simple title fo satd land in the
1 mortgagee as may reasonably be required: that the mortgagor heroby fully war?ants the title to :aid land ~
j and u~tll de%nd the same against the bw/ul claims of all persons whomsoever: and that said land is free
and clear of all encumbrances except taxes accruing subsequent to
December 31, 1979.
{ . ,
~ ~
i
i
n'..,
~roV~ded ~tU~ttf S, that ij said mortgagor shall pay unto said mortgagee the certain promts-
~I sory note hereinafter substantially copied or identified, to-wit:
N..u.r w. f~~Y 1a w.yl. w.rr.r.-i4wr r+.~Nt-r«s M.~-s...r. ~ r».w~-+w..i
I~•~P4••~~^l~ rY_~••IL'•i~'•;~•~~.i''~~•~ai'I•~~,,,,•?aai':~ !~'.ni'~.i•.~~~a~.i`•?t~'*.i''~'ti`•*tl'•~~?+•J,i•~'~~~~a,~'rYj ~rl: 'rY
- . i •7 ..,-;i• ~ . •1 .t. - J..~.- .J•;aL- v. J. J•.~t..:..1•• -!..6 ..ti~.'~: .J.';~.ti.'r •Ja ~.1.--~a a
' .iv _ 'a . .t'.. ~ ~ ~~.1L•.Cf,•.'~i•.•+~~•.1~.'.cf.•~t/'Rlta.~L•.cL•~+~• ~I ~.rl •+t ~.~L~+~ •~,..Z'~.•• + , s
-
J'
_ r.
"'3? =5,_000.00.......... Port-St....Lucie...........Florida,. Ma~! 1980-.~r~
- _ ~1~
r !
r tT~~
~tJ1; ~ ~tPtt'IbPD the undersigned jointly and severally protases to pay to the-order
~ LO~I~S.
C~_.MADISOi~_and__ELAINE_•L~.
MADISON,~_h_is wife~_______
- t
F VE U AND AND NO 100 5 000.00 '
tlse principal sum of...~...._.~Q._~_ ....................••~------....----.._...._....-----.....Ddlars (t..._t..........__.~........)
together with interest thereon froth date of the rate of._.12$ .....................~er cent. per snxrm until maturity, i
29th -
' said interest being payable monthly on the..--•---•- ---.._day of each sad every month both prinopsl
•J % and interest being payable in lawful money of tlte.United States at _ 411__ Newkirk -_Dr ive_____________________ ~'1
rJ • Pl a i_n f i e l d I:..
I 11 i no i s_ 6 0 5.4 4--------------------------------------------------------•---........_......_.... Florida,
a st such other - as tM holder hereof ma de taste in writi P I and interest able in itsstall- { ~
: ~ Place y stg reg. rtrstapa pay
" ments ~_SEVENTY__ONE AND__74,~100~-~ ~--ors ~s71: 74____~~
.
J • r
I ~ each oss the?9th______day of cads and every mentlt, begiming on the 29th _______.~y oFJune.-..__..._.__ •
~ ' 11~Q.-_., and contirwing until said principal and interest have been paid. Each installment paytrtertt slsa~ be '
~ . ' txedted first on tM interest then dw; and Ilse remainder on principal; and interest shsN thereupon cease upon
Fg ' the principal :o credited. '
( • J ' •l~
tlotwithstanding anything herein contained to the contrary, this '
t~. Note and all accumulated interest due thereon shall be fully due
and payable within five (5) years from the date hereof, reserving x;'•~
unto the Maker the right to prepay all or any portion thereof at t
~ any time without penalty. ~`~•'s
T'
' , ~:i
. ` ~ x+.i
.
.r ~
* Each maker and endorssr sevs?aNy waives demand, protest and notice of maturity, non-payment « protest and aN re- t,
..t quiremeMs necessary to hoW each of them liable as makers and endorsers. ~
' ~ ~ ~ ~ Each maker and endorser lurther agrees, jointly and severafly, to pay all costs of coHedion, including a reasonable error-
• ~ hey s lee in case the principal of this hole or any payment on Ibe principal-or any interest thereon is not paid st the respediw
{ maturity tMreof, or in use it becomes necessary to prated the security hereof, whethsr suit be brought or not. .•''L+
~ ~ This note and deferred inlerist payments shah bear interest al the rate of 12 $ per cent. per annum horn malwiry x+.~
until paid.
' r~ This note is secured by a First mortgage d ewn date herewith and is to bs construed and enforced according to the laws '~+•'s
' r of the State d Florida; upon defauM in the payment of principal and f or interest when dw, the whole sum d pincipal and
ielersst remairwny unpaid :hall, at the option of the holder, become unmediately dw and payable t+•'s
•:t
BO
K~~ POE ~ . ItR
~ ..ls•all eoox~2 PAGE~~ ~?E :Rec~
. ~ . Cab Y'i't I'l t'"Z 'K~ 12 ~(s..ll ~
.r:
_ •t_-
k+. ~