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and cloy o/ all atcunbnncya except those taxes accruing subsequent to December 31,
1979.
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MORTGAGE NOTE RAMCO ~URM 51
i 30, 000.00 PO7` C $t ~ I~tc~e. Fwr;da
June 2 , 19 80
FOR VALUE RECEIVED, the undersigned, (jointly and severally, it more than one) promises to pay to
MARGARET J. PIXLEY
~ or order, in the manner herein:iter specified,
p p THIRTY THOUSAND DOLLARS AND NO/100----------
the rinci al sum of ------y100 DOLLARS
30, 000.00) with interest from date at the rate of 12 per cent. per annum un the balance from time to time remainin6 unpaid.
The said principal and interest shall be payable in )awful rrsoney of the United States of Amcriu at 3330 Ebsal Drive,
Trenton, Mieh3~8183 or at such plice as may hcrr•aftcr be designated by written notice from the holder to the maker hereof, oa
the date and in the manner following:
Payable in One Hundred Eighty (180) consecutive monthly installments of $360.06,
~ beginning July 2, 1980 and each month thereafter until said principal and
interest due thereon are fully paid. -
The makers reserve the right of prepayment at any time without penalty.
t
t
This note with interest is secured by a mortgage on real estate, of even date herewith, made by the r~:al.er hereof in favor of -the said
pace, and shall be construed and enforced according to the laws of the State of Florida_
If default be made in the pa}Trent of any of the sums or interest mentioned herein or in said mortgage, or in the pcrfo:::an;e of
any of the aSreemcnts contained herein or in said mortgage, then the entire prinupa) sum and acuucd interest shall at the option or the
i holder hereof become at once due and colleetb4 without notice, time beinga of the essersce; and said principal sum and accrued interest
shall both bear interest from such time until paid at the highest rate allowable under the laws of the State of Florida. Failure to cacrcise
this option shall not constitute a waiver of the right to a>crcise the same in the event of any subsequent default.
Each }x-rson liable hereon whether mater or endorser, hereby w-gives presentment, protest, notice, notice of protest and notice of die
honor and asrres to pay all costs, including a rrasor,able attorney s fee, whether suit be brought or not, if, after maturity of this nose or r;elault
hereunder, or under said mortgage, counsel shall be employed to collect this note or to protect the security of said uwrtcase.
~t'henrvrr used herein the terms "holdu", "mater" and "payee" shall be construed in the singular or plural as the carte:t may
require or admit.
Mater's Addreu /s/ STEPHEN W. DAVIS . ~ - . _ .--(SEAL)
STEPHEN W. DAVIS
- /s/
MARILYN...D.--DAVIS,. - - - --t~E.~L)
679 Forgal St. MARILYN D. DAVIS
----------For-t-=-St-.-...Lucie,---Fln.. -33452.-- - - - - (sE~L)
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