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~o ~i~tue Alid to ~lotd the saute, twlether u~ilh the tenemertls. • heredifumenls and, appurle-
uances Iherelo belonging, and the rents, issues and projils Ihereoj, unto the mortgagee, in jee simple.
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Itnd the mortgagor covenants with the mortgagee Ihal the mortgagor is indejea:ibly seized of said
land in jee simple: that the mortgagor has good right artd lau?jul attthortly to convey said tar:d as ajon-
said: f{tat the mortgagor will ma{re~stuh further assurances to perfect the jee simple title to said land in the
mortgagee as may trasonnbly 6e required: that the mortgagor hereby fully warrants the title to said land
i~ artci will dejertd the same against the lawful claims of all persons whomsoever; and Ihat said land b /ree
! and clear of all encumbrances except those taxes accruing subsequent to December 31,
1979.
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- ~rou~ded ~lwAys, that ij said mortgagor shall pay unto said mortgagee the certain promis-
sory note hereinafter substantially copied or identified, to-wit: i
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MORTOAaE MOT[ RAMCO FORM n1
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= 2 , 000.00 ~ - Fbrida
Gr~~- ly ~ 8o I
FOR VALUE RECEIVED, the uadenigned, (jointly and severally, if more than one) promises to pay to
WARREN H. DREBING and EDNA M. DREBING, his wife
or order. is the manner hereinafter speared,
the principal stem of TWO THOUSAND DOLL~CRS AND NO/100--••-------------•----_--__-_____~lpp DOLLARS i
' 2 , 000.00 with intersst from date at the me of 10 ~
per cent. per annum on the balance from time to time remaining unpaid. }
Ilse said principal and u,terest sbaU be payable is lawful money of the United States of America at 1384 $ . ~Hi 11 Grest Ave , et}
C1 earwater, FL 33516 or at such place u may hereafter be designated by written notice from the holder to the maker hereof, on i
the date and is the manner folbwing:
y payments of X1,000.00, p p yt,! ~
Pa able in Two (2) annual lus interest with the first a eat
due Au ust 15, 1981 and the second a eat due Au u t 15 1
9 ~ s 982.
P J~ 9
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THE MAKERS RESERVE THE RIGHT OF PREPAYMENT AT ANY TIME WITHOUT PENALTY.
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This note with interest is secured by a mortgage on real estate of even date herewith. made br the maker hereof in favor of the said
payee, and shall be construed and enforced according to the laws of the State of Fbrida.
I( default be made in the paytneat of any of the sums or interest mentioned herein or in aid mortgage, or in the performance of
any of the agreemenb contained herein or in said mortgage, then the entire prinapal sum and acuucd interest shall at the option of the
holder hereof become at once due and colkctibk without notice, tune betaagg of the essence; and aid principal sum and accrued interest
shall both bear interest from such time until paid at the 6igheat rate albwabk under the laws of the State of Fbrida. Failure to exercise
this option shall not constitute a waiver of the right to exercise the same in the event of say subsequent default.
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice o[ protest and notice of dis-
honor and agrees to pay all costs, including a reasonabk attorney's fee, whether suit be brought or not, if, after maturity of this note or default ;
hereunder, or under aid mortgage, counsel shall be empbyed to collect this note or to protect the security of aid mortgage. ?
Whenever used herein the terms "holder", "maker" and "payee" shall be construed in the singular or plural as the context may
require or admit.
Makers Address? . ..........................................(SEAL)
`~I~AiLt ~~~_.(1......Z.~..~s1:.G.~-~ ..................(SEAL)
B(IOK~~ PafE eJO~ ...................................................~---•----................._............_.........(sEAL)
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