HomeMy WebLinkAbout1389 ~ to ~ ehe eom.. Mpetker with ehe te~t?esw.ssa. MndttaRwRt..nd .~ptaree-
nance, thereto 6ebnpe+so, and th. trwsh, tsswe .red poleta eluneol, stnto the to tsttt+tple.
the mo.tpapo. ootrenanb wUh fhe nwrtQtwee elf.! the twort~o. u tnd./...tblr .et:ed o/ coed
land 1n .lee Semple: that. th. tnoreoapo. hw paad +tpl~f and Iawrnl atuthenetr eo ~nar ,.td ind ae a/efw
ttaed: that else mea?tpapo? wiU sea~e sttx;ls /tsrther auwarscvs to psrlect else l« stssspb elel. to cold lnd to the
mort~ape. of mar t~ablr 6e nquttnsd: chat the two.epopor het?ebr ltuUp trron+anb else tetL to satd land
and ts~iU de/gnd the cam. apdnst the lan/u! ciaenw of eU wna~ u?hom~ow?+r: ant tlsat gall land tt lne
and clew. o/ aU rtstcutnbronca except those taxes accruing subsequent to December 31,
1979.
~5, chat it sold tnoregagor shall par wsto ,rd tt+~t,~~ the cwfahs proswV-
tso~? note haretne/ter stu6etanteaUr oopfed or edentt/eed, to•twet:
MORTGAftE NOT< RAMGO FORM 3~
Port St. Lucie ~ Florida
i 3,000,00 .Tune 16 ~ I9 80
FOR VALLE RECEIVED, the undersigned, (jointly and scaerally, if more than one) promises to pay to
PHILIP C. SMITH and JULIA S, SMITH, his wife
of order, in the manner hereinafter speed,
the princip:l :um of THREE THOUSAND DOLLARS AND NO/100-----^^-------^----------------~1~ DOLLARS
3,000.00 )with interest from date at the rate of . 11 per cent. per annum on the balance from tint to time remaining unpaid.
The sai¢ principal and interest shall bs payable: in lawful money of the United Staies of America at 310 Main St. , MontoUT
Falls, N. Y. 14865 or at such plate as may herraftrr be da-signated by written notice from the holder to the maker hereof, on
the date and in the mannv following:
it
~ Both principal and interest due and payable in Twelve (12) equal monthly
~ installments of X41.33 beginning August 9, 1980 and monthly thereafter up
to and including July 9, 1981. On August 9, 1981, the remaining principal
balance of X2,825.42 plus interest will become due and payable.
THE MAKERS RESERVE THE RIGHT OF PREPAYMENT AT ANY TIME WITHOUT PENALTY.
i •
This note with interest is secured by d mortgage on real estate, of caen 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.
I[ default be made in the pa~Tnent of any of the sums or interest mentioned herein or in said mortgage, or in the Ixrformance 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 eollectibk without notice, time being esf the essence; and said principal sum and acrrucd ir.t~rest
shall both bear interest from such time until paid at the highest rate allowable under the laws of the State of Florida. Failure to exercise
this option shall not constitute a waiver of the right to exercise the wine 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 ds-
honor and agrees to pay ail costs, including a reawnable attorney's fee, whether suit be brought or not, if, after maturity of this note or dr`.:,h
hereunder, or under said mortgage, counsel shall be employed to collect this note or to protect the security of said snurtgage.
i H'henever used herein the terms "holder', "maker" and "payee" t~~all be constru in thertingular or plural as the context may
k
requue or admit.
Afaker's Address ~ . ....(SEAL)
~JU ~ A . IA"--
308 N.E. Floresta Drive ( )
- --MARIA GARCiA
Port St. Lucie, Fla. 33452 _ _(SFaL?
Btl~ P~~~