HomeMy WebLinkAbout0763 ~M~ ;
~Q RIt~ W the same. togellrer with the lenementa, hereditam~nls and appttrfe-
rtartces thereto belonging, and the rents, issues and profits IhereoJ, unto the mortgagee, in fee simple.
the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized of said
land in fee simple: That the mortgagor has good right and lawful nuthoritr to convey said lurid as of
are-
soid; that the mortgagor will males such further assurances to perfect the fee simple title to acid land in the
mortgagee as may reasonably 6e required: that .the mortgagor hereby fully warrants the title to said land
and will defend the same against the lawful claims of all peno?u whomsoever: and that said land is free
and clear of all encumbrances
~CODUied ~tways, that i f said mortgagor shnll pay unto said martgape. the certnin promia-
sory note hereinafter substantially copied or identified. to-wit:
MORTQAOE MOTE RAMCO FARM aJ
s 106 , 000.00 - Fort Pierce .Florida
June 13 ~ l9 80
FOR VA t'F. RBt:EI\'ED, the undersigned, (jointly and severally, if more than one) promises to par to . ~ '
TR -COUNTY ACCEPTANCE CORi' ~ , or is the manner hesrat.tter specified, '
•t.• principal au.. of ONE ~IUNDRED SIX THOUSAND AND -------=-------------NO /100 DOLLARS
! S 106, 000.00) with interest trap date at the rate of 15 per teat. per annum on the balance Fran time to time rem.ining unpaid.
"I-he said principal and interest shall be parabk in lawful money of the United States d Missies at P . O . BOX 67 3
Ft . Pierce, Fla. or at such place as may hereafter be designated by written notice [roar the holder to the maker hereof, on
ttu date and in the manner following:
Principal and accrued interest payable in twenty-four (24)
monthly installments of $5,139.59 each, commencing on the -
13th day of July, 1980, and continuing on the 13th day of
each moth thereafter until fully paid.
THIS NOTE MAY BE PREPAID WHOLLY OR IN PART AT ANY TIME
WITHOUT PENALTY.
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~ P.M.
~ This note with interest is secured by a/mortgage•on real estate, of evert date herewith, made br the make? hereof is [avor of the said
{ Nayer, and shall be corotrued and enforced according to the lays d We State of Fktrida. The ttrnu of said wortgage are bq this reference
rtad.• a part hereof. ~
If default be made in the paytneat o[ snr d the sums or interest tnentiooed herein or in said mortgage, or in the perlamaace of
any of the agreements rnntained herein or in said mortgage, thea the entire priaapal stttn and accrued interest shall at the option of the
i holder hereof become at once due and colkctt'bk without notice, timealbei kof the aseuoe; and said principal sum ar?d acrrucd interest
shall both bear inserts from such time until paid at the highest rate under the laws of the tats d Florida. Failure to exercise
~ this option shall nat corutitute a waiver ot; the right to esxrtise the taste is the event of am subsequent ddsult.
~ Each person liabk hereon whether maker or etrtdorter, hereby waives preaentmeny pJOtest, notice notice d protest and notice of dis•
honor and agrees to pay all coats, iacludiag a reasonabk attorney's fee, whether suit be brought a not, it, after tttaturiq of this note or default
hereunder, or under said mortgage, counsel shall be employed to oolkct this note or to protect the securiq of said rrtortgage. -
Whenever uxd herein the terw "holder", "maker" and "payee" shall be construed in the siogulat or plural ar the wnte:t may
I *cquirc or admit.
Makers Address S,r,__CHARLE$„ FLAGG- ( )
. SEAL '
s JONATHAN INGRAM
~ ........................................................................................•--(SEAL)
600K~ PJ>GE ' / s / TILLIE BOATWRIGHT -
..-......(SEAL)
~ /sj ROBERT HENDLEY `
----•-•--.-...........(SEAL)
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