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s~ ~17><Ve i~ILI~ W the same, toy!!hN wllh the tenetrtenti. ihendita~ti+tlsa and appu?fs- ~ '
IIafICP! fhernlo l,elo~tttirtp, a?td the nnls. issues and projtls Ihereoj. unto the mortgagee. In j« almple.
the mortgagor cot?ennnts with the mortgagee that the mortgagor u Indejeastbly sNsed of saki
land In Jee simple; that .the mortgagor has good right and lawful suthorify to eonwlr sold land a ajon-
f sold: that the mortgagor will matte such jurthe' auttrartess to perfect file fie simple title to sold land to the
j~ mortgagee a may reasonably 6e requtr+sd: that the mortgagor h.nby jtdl~r warrants the title to sold land
~ and u~tll defend the. same agntrut the lawful claims of all persotu whomsoever; and that sold land 4 jr.e
and clear of aU e.?cum6ronc., except those taxes accruing subsequent to December 31,
1979.
~~lWAys, chat !j said mortgagor shall pay unto said mortgagee th. a.real,t prvmis-
sory note heretnajter substantially eoptsd or identljted. to•wit:
MORTGAGE NOT! RAMCO RORM ii -
= 8,875.00 ~ ~ Fort Pierce ,Florida
- Julq 16 , 19 80
FOR VALUE RECEIVED, the uadersianed, (jointly and severally, it more than one) prauises to wy w
MYRTLE ANNE CHARLES and JOHN N. SHORTRIDGE -
, ar order, in the manner hereinafter specdsed,
t>x principal sum d EIGHT THOUSAND EIGHT HUNDRED SEVENTY-FIVE and NO/100------------11~
8,875.00 )with iatawt from date at the rated 12 per cent. per annum on the balance Iran bare w time remaining unpaid.
- The said prinapal and ineerese :hail be payable in lawful money d the United sates d Ameries st 603 Ohio Avenue,.
Ft. Pierce, FL 33450 or at such play ss may hereafter be desiaaated by written Waite from the hoWer.to the maker tiered, at
the date :nd is the manner folkrvin~: .
Payable in Three equal annual payments of ;2,958.33, plus interest, beginning
August 5, 1981 and each year thereafter until said principal and interest due
thereon are fully paid. -
The makers reserve the right of prepayment at any time without penalty.
~ _
This note with intuest is secures a mortgase oa real esate. d even- date herewith, made by the maker Itercot in favor d the said
payee, and shall be. construed and enforced acoordina to the laws d the State d Fbrida.
If default be made in the payment d any d the sums a interest mentioned herein _or iA said awrtssae, a in the performance d
any d the air is contained herein ar in said mort~e, then the entire principal sum and accrued interest shall at the optgo d the
holder hRreof at otwe due and _ wllecttbk without notice, bate bett'tr~~ d the essence; gad said ~tactpal sum and accrued interest
shall bah bear interest from such time until paid at the his6est me albwabk under the ]aws d the State of Fktrida. Failure eo eaerase
this option shall rwt eomtitute a waiver d the right to exercise the same in the event d gay subsequent default.
Each persat liable hereon whether maker or endorser, hereby waives presentment, protest, notice twtioe d protest gad notice d dis•
honor and ogees to pax all costs, iacludins a reasonable attorney's tee, whether suit be brou6ht a not, i~, after maturity d this note a default
hereunder, or under said atortaase, -aauasel shall be empbyed to collect this nae a to protect the securiq d said asortsase.
- Whenevu used hereia the terms "bolder", "maker" and "payee° shall be construed in the :irgjub~r or plural ss the Conte:t may
require a admit.
Maku's Address ...»..._.......».(SEAL) ~
A il7iL1CE~t~: - ~ ,
- j ;
P.O.Box.1364
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........-~t•: •--ixfetrce;...•~ls.-- -3345(1 c~ ............................_........_.......(SEAL)
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