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HomeMy WebLinkAbout1629 ~0 ~ W the same, fogalhar wllh the tenemanf~. heredituments and appurfe• j ?tances thereto belo?t~inp, and the rents. issues and profits thersoj, unto the morfgagN, !n Je• simple. the mortgagor covenants with the morlgagN that fhe mortgagor u lndejoast6ly adsad o/ said land to fee simple: that the mortgagor. ha good right and lawful authority !o cortvnr Bald land a afore- said; that the mortgagor will males such furfh.r auu?ancas to perfect fhe+ j.. almpb fllb to said land in the mortgagee as may rewonablp be raqut?ed: that tha mortgagor herby fully warrants the tlfb to sold land and will defend tke sane 4galrut the bwful claims of all p/rsOM whomsoew': and that said land V free and clear aj all .ncumbrartces except those taxes accruing subsequent t0 December 31, 1980. ~V1111tR 711W~S, thnt ij said mortgagor shall pay unto said mortgoget th. crtatn promo- ( sort' note heretnalter substanttally copied w tdentilled. to-wit: - MORTGAGE NOTE RAMCO FORM iii i 5,000.00 Port St. Luce , Fbridr _ Julq 23 , f9 80. FDR VALUE RECEIVBD, the undersigned. (jointly and aweraUy, it snore than one) promises to pay to HENRY T. NIETSMA and MARY WIETSMA, his wife , or ceder, in the manner hereinafter specdted, the principal win d FIVE THOUSAND DOLLARS AND NO/100-------------------------------~I~ (i 5 , 000.00) wits interest teom date at the rated 12 par «nt. pe: annum on the bahtnoe teas time to time reataiuiet; unpaid. - 7be said principal and interest shaD be payable is lawld money d she United states d America :t 150 Long Pond Road, Hewitt, NJ 07421 or at such pla« as may dereatter be designated by written notice Crow the holder to the maker tiered, oa the Gate and in she manner following: ~ This note shall become due and payable in .One Payment of 55,000-.00, plus interest, on July 30, 1981. - THE MAKERS RESERVE THE RIGHT OF PREPAYMENT AT~ANY TIME MITHOUT PENALTY.. ~ . i - 'This note with interest is secures ~r • mortgage on real estate, d even date herewith. made by the maker hereof in savor d the :aid payee, and shall be coastsued and entoroed acoordins to the laws d the State 'd .Florida. - U defauh be made in the payment d any d the sums or interest menteoned herein or in said mortgage, or in the pertarnun« d anr d the' nts contained bexin or in said moresase, then the entire principal sum and accrued interest shall at the option, of the ho{der hereofbeoome at once due and eolkcubk without antics, time of the coerce; and said pal sum and accrued interest shall both hair interest from such time nntt~ paid at the highest rate albw undo the laws d the fate d Florida. Failure to exercise this option shag not e~stitute a waiver d the rgj6t to exercise the same in the went d say subsequent dd:uk. Each parson liable hereon whether maker or endorser, bsreby waives presentment, protest, not~oe, notice d protest and voila d da- honor and agrees to pay all costs, including a reasonable attorney's (eeee,, whether suit be brought ar not, it, attar maturity d thu torte or default hereunder, ar under said mortgage, counsel shall be employed to collect this note or to protect the secunty d ::ia mortgage. lti'hencvu used herein the terms "holde>", "maker" and "payee" shall be construed in the singular oc plural es the contest may - require or admit. NELCOME HOMES CONSTRUCTION, INC. Maker's Addraa BY : ~,5~...~LL~...~....b^it~P.~Iy...PBE~SZDEIt~ ......................(sEAI.) (SEAL ) .........................(SEAL ~ 2457 Delano Road,.. .Port.. St Luck e_,~•.•~L,.,,, 33452 ) _ ~3~•~~~~~- .............................................._..................._..---............................(SEAL) 4-