HomeMy WebLinkAbout0082 ~0 T1aY~ ~ `0 the same, together wllh the tenements, h...dltaruenls and appwfe-
nanras Iharalo 6alonging, and fhs rant,, Issues and profits Ihereo(. unto the mortgagee. 1n ~se simple.
~Ild the mortgagor cowrtanls with the mortgagee Ihat the trsortgagor !s Inde~ea,l6ly selud o1 said
land in Jee slmp[e: that the mortgogo? has good right and low~ul authority to eonwy sold land os a(ore-
sald: Iho( the mortgagor will matte stub further assurances to perlrcl the ~N simple Nile fo ,aid land In the
mortgages a may ?sasonal?ly 6e required: thnt the mortgagor ken6y fully .warrants the title to said lord
and will defend the same agalna! the lawful claims of all persons whomawuer: and that sold land V f
ree
and char of all encum6?ance~ .
~WA~s, that t~ sold mortgagor shall pay wtto said mortgagee the certain promb-
sory note har.lna)ter substantially copied or tdent[)(ed, to-wtf
~ •
VOLtP .
S.. 39a 375.00.._..----•-•- .................................................Stuart...-----. Florida..........._............... JulY._ 23 19.-8Q---
FOR VALUE RECEIVED the undersigned jointly and se~'erally promises co pay co the order of
WALLACE W. KRAMER `
. the principal stun of..THIRTY..NINE-THgJSAND,TtiREE-HUNDRED•SEVENTY FI11~ollars (5.3~,37.~..00
{ together with interest thereon from... date.. hereof , .at the nce of...........12 ~
~.._.......gIIa~ tent. per annum until paid;
said principal and interest being payable r~jetF~~he...._.2~~51 ................day of each oewaxloenekborh principal and
interest being payable in lawful money of the United Scares ac-. 6249 Pine Terrace, _Plan'tation, Florida 33317
' or at such other pplace as the holder hereof may deli ate in writing. Principal and interest Pa ble in installmrnts of_..
THOUSAND-. SEV!EN,-HUNI)•• ug~~E••AND 76 100---, .Dollars, 1 703 76 )
- lg•---s--•--• each on ehe
day of each beginnin on the-•----23rd ..........Jay of.........-.October....--- 1980•--
1 and continuing until the......-23rd--.-,•,-...day of.......Ju_.3?••-•-_-.•...-..-•,--•__.y 19...85.. at which time the remaining principal ehrrs
due will be due and payable. Eich installment payment shall be credited first on the interest then due; and the remainder t?n
~ principal; and interest shall thereupon cease upon the principal so credited.
~f
t NO PREPAYMENT OF THIS NOTE PRIOR TO JANUARY 1, 1981.
c
HOLDER HEREIN WILL RENEGOTIATE AT THE END OF THE TERM OF THIS NOTE.
S ~i$~n~?~ ~~~~tLhe quarterly payment will be charged on any payment if not trade with
1 1 a?alcer in net severauy waives demand. proteu aad ootia of wturity. aao-paymint or protest and all requiremcncs
necessary to bold each of them liable u maker aad indorsers.
i f Each maker and indorser further agrees. jointly and severally. co pay all costs of colleceioo, including a reasonable utorney s fee in
4 ~ case the principal of this Dote of aay paymint oa the principal or any interest thereon is roc paid at the respective maturity thereof, or in
case ie becomes necessary to protect the securiry hereof, whether Buie be brought or roc.
This noes and deferred interest paymines shall bear interest ac the nee of cm per cent. per annum from tmturiry until paid.
{ This note is secured by a mortgage of even date herewith and is to be construed and red cording co the bws of the Stste of
Florida; upon default is the payminc of princi and/or interest when due. the wholes and ' ese ceaaioiag unpaid shall.
at the opt?on of the bolder. become immediaceir due and payable.
D -..Y~_L.~ --....__......_--------....(SEAL)
-tSe3an -~8- s
_ (SEAL)
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81mK~6 PACE B~
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