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f i 30 ~aue and to ~ Mold the same. together with the f~niti+~rNs, hereditamentt and appurle-
nnuces thernfo belonging, earl the rents. Issues and projifs fhereoj, unto the mortgages, in jee simple.
the mortgagor covenants with the mortgagee Ihal the mortgagor is tndejewibly seized of said
land in Jee simple: that the mortgagor has good right and lawjul authority to convey aatd land as ajore-
~j said; that the mortgagor will metre such further assuronces fo perfect the fee simple title to said land in the
i~ morfgaftee as may reasonn6ly 6e required: that the mortgagor hereby /ully warrants the title to said land
arrrl will de%nd the same against the lawjul claims of all persons whomsoever: and that said land is free
i and clear of all encumbrances except taxes accruing subsequent to December 31, 1979.
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~rou~ded ~ltways, that ij said mortgagor shall pay unto said mortgagee the certain promis-
II sory Hole hereinafter substantially copied or identified, to-wit:
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,`i* 5.... 38x_000.00,___ Port-St : _Lucie_.... Fbrida......_._...---...June_..Z~4/ 19.50 :j*
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~ar ~-~tllllf ~.Zt`[C111P~1 the undersigned jointly and severally promises to pay to the orde? ;j~
of _ R_ o~ripo Cres~o-and .Luisa_A._ deCrespo,.his_wife •"'t
.ti Thirty_ Eight-_Thousand anti noJl-00 ----___pd~rs (s 38, 000__00 7
the principal sum of - - - - . , ~ -
.ti together with interest thereon from date at the rate of..twelvc ..per tent. per annum until matturify,
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` said interest being payable monthly on the.._........2Qth ...............day of each and every month both prinapal
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• G6 entr Colon
and interest being payable in lawful money of the United Stales at._llpar_l~as?_.l._._._.G..._..._4.._.......-.
' San Jose Costa Rica
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~ or at such other place as the holder hereof may designate in writing. Principal and interest payable in install- y
Three Hundred Nines and 1313 100- - Ilan ~ s 3 0. 55
meats of - - - - - - ~
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j . each on the.2Qth__._._ day of each and every month, beginning on the .__._~_~lh~.___.day of_.... Jul_y______________ r
E ~ 19._0, and continuing until said principal and interest have been paid. Each installment payment shall bf
uedited first on the interest then due; and the remainder on principal; and interest shall thereupon cease upon
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the principal so credited. !
I 1\otwithstanding.anything herein contained to the contrary, this note
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:Y and all accumulated interest due shall be Cully due and payable
within five (5) years from the date hereof, reserving unto the Makers
to prepay all or any portion of the indebtedness at any time without ~
,:x penalty. Partial payment may he made by the I~iakers by the ~yt'
' ~ assumption and agreement to pay that certain first mortgage due
• Citizens Federal Savings & Loan Association of St. Lucie County s~
in the balance of indebtedness t}ien due anti payable from the ;
original payee hereof. j'.~
Each maker and endorser severally waives demand. protest and nct~ce of maturity, non-payment or protest and all re- yam;!
quirements necessary to hold each of them liable as makers and endorsers. j,~.
' ~ Each maker and endorser further agrees, jointly and severally, to pay all costs of collection, including ~ reasonable actor- y+'~
( Hey s lee ~n case the principal of this note or any payment on the principal o? any interest tl+ereon is not paid at the respeNive i,•t•
' maturity thereof, or in case it becomes necessary to protect the security hereof, whether suit b• brought or not. i~
= This note and deterred interest payments shall bear interest at the ra?e of 1 2 per cent. per annum Iron maturity i:~'
s un+il paid. xr
This note .s secured by a first mortgage of even date herewith and ~s to be construed and enforced according to tl,e laws y~r~
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- eF the Scats of Florida; upon default in the payment cf principal and;or interest when due, tM w m of principal and ter"
~ interest remaining unpaid shall, at the option of the holder, become ~mmedi y dw and pa ( s?~y
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- So a M. Schlesselman - ~
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