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~Vt ~ ~ the same, together with the tenements, hereditament: and appwte-
nances (hereto belonging, and the rents. issues and profits thereof. unto the mortgagee, in fe. stmp~e.
- the mortgagor covenants with the mortgagee thnt the mortgagor is indefeasibly seized of said
land in fee simple: that the mortgagor has good right and lawful authority to convey said land as ajtire-
anid: that the mortgagor will make such (umber assurances to perfect the fee simple title to said land in the
mortgagee as may reasonably be required: cleat tke mortgagor hereby fully worrants the title to soil land
and will defend the same agaitvt the lawful claim: of all persons wkomsoever: and that said land is f
?ee
and clear of al! encumbrances except those taxes accruing subsequent to December 31, 1979.
~lwayS, that if said mortgagor shall pay unto said mortgagee eke attain pwmi:-
aoh? note lrereinafte, substantially copied or identified. fo-wit:
: 16.560-.00_ Fort Picrce, Florida -AUBuS-Y---14 - . 197 80
__-_As- hereinafter_ specified- _ - - - - otter date, t, we or either of us promise to pay to the ceder of
HOLIDAY PINES, a Florida General Partnership
Sixteen_ _Thousand_Five_Hundred- Sixty -and 00/ 100-_---------__~____~_~__~_
• for value recNtred, payable at _ 15000_ Highway__54_ West____~_~_-_~
Zephyrhills, FL 33599 with interest
princ~pal and `
from _~_-daLe__--~_._ _ at the rate of --_-8.SO--- per cent per amum until paid interest payable .-monxh>,y
j Md esdr of rn whether maker, ~usrantor a endorser, hereby severally waives and renarnces arty and all homestead exemption ri~sfs we
may have order the Constitution ar Laws of the State of Florida, a any other State, o? United States, as apinst this rsote; and each isrrther waives
I demand, notice of rwn-payment and protest, and in the event it becomes necessary to collect this note through sn attorney, epees to pay all costs
of collection, i reasonabN attorneys fee. - _
Payable in Ninety Six (96) equal and consecutive monthly installments of
Ztro Hundred thirty Eight Dollars and Thirty Three Cents ($238.33) including
principal and interest. First payment beginning September 15, 1980 -
and monthly thereafter until said principal and interest due thereon are
fully paid. - -
Borrower shall pay to the Note holder a late charge of Four (4) percent of
any monthly installment not received by the Note holder within Twenty (20)
days after the installment is due.
• ,
This obligation may be paid in whole or in part at any time(~thout penalty. ti
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No. Due----._____~.-----_--------_---- - LAUREL BUILD S~ INC. SEAL E
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~Y-:-..-- - - - - SEAL
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8337 p~ 5t40