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~o Piave and to Mold . th, same. ftxfefhrr wills IItP teneme/tts. he?edituntenfs anti appurle
harlt•es thereto hrlurtging, nwtl flip ?P?tts, issues antl profits Iher/w(, unto the morlffageP, ih fee simple. +
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end the morlgalfor corenmtfs tviflt the mortgagee Ihat Ilse mortgagor is indefeasibly seised of said fi
land in fee simple; that flee mortgagor has good right and lau~(ul authority to cohaey said tors/l as of
ore-
sottl; Iltaf IhP morf~fagor trill make such (tl?ther assurances fo perfect the fee simple title to said land in the
mortgagee as may reasonably be rPquirell: Ihnt the mortgagor hereby (ally u~arranfs the title fo said land
and will defend the same against the lau~(ul claims of all persons u+homsoerer: and that said load is free ~
an(l clear O( all erlCpmbrancPS
This mortcrrage secures such future ar additional advances as' may be made ~
by the holder of this mortgage at its option to the marbgagors, or their '
successors in title, for any Purpose, Pravic7ed that all such advances
are to be made within 20 years from the date of this mortgage, or ;
within such lesser period of time as may be provided hereafter by law as
a prerequisite for the sufficiency of actual notice ar record notice of ~
such optional ar additional advances as against the rights of creditors j
or subsequent purchaser far valuable consideration. The total amount
of irldeb~tedness secured by this mortgage may decrease ar increase from
time to time, but the total unlaaid balance so secured at any time shall
not exceed the maximum principal amount of $ 25,000.00 ,plus interest,
and any disbursener?ts made for payments of taxes, levies, or insurance ~
on the prapearty covered by the lien of this mortgage, with interest on
such disbursgllents.
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Cou~ded ~tways that i said morf a or shall
s ( g g prey unto sold mortgagee the ceNotn promis-_
sory pulp hereinn(fer stll,stanfially copied or identified, to-u~if:
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raORTGAGE NOTE RAMCO FORM S~ ~ -
= 12 , 500.00 L~eesbU~ , Florida
ALKJuSt 5 Ig 80
FOR VALUE RECEIVED, the undersigned, (jointly and sesrrally, it more than one) promises to pay to
CITIZIIdS NATIONAL BAtJK ~ LF.ESB(JI~, Leesburg, Florida , or order, in the taaaner hereitufter aptxitied,
~::acipa! sttm d `i'WF~.`lE THCIJS?~ FIVE 1•UNDRED AND-------------------- ~ --~+]O /100 DOLLARS
i i ~ 2 , 500.00) with interest from date at the rated 12 ~ 00 pet cent. per annum on the balance from ume to time remaining utspaitl.
he said principal and interest shall be payable in lawful tnoaey d the United States o[ America at 1211 West North Boulevard
Leesburg, Florida or at such place as may hers•attrr be ds•signated by written notice (rum the holder to the maker hereof, on
the date and in the manner folbwins:
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~ ~ The principal amount of $12,500.00 payable on or before one
:>ia z year from date with interest from date at the rate of Twelve
`i to o Per Cent (12.00) per annum payable monthly conrttencing
~ ~ .-l~ } Septesl?ber 5, 1980 .
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This note with interest is secured by a mortgage on real estate, of even date h~•r~•with. made by the maker hereof in favor of the said
payer, and shall be construed and enforced according to the laws of the State of Fbrida.
If default be made in the payment d any d the sums or interest mentioned M•rrin or in said mortgage, or in the performance of
any of tbt agreernenu contained herein or in said mortgage, then the entire principal sum and accrued interest shall at the option d the
holder hello( become at once due and collectible without notice, lino being d the essence; and said princit,al sum :iml acfrurd ipterrst
shall both beu interest from such time until paid at the highest rate allowable under the laws of the State of Florida. Failure to exercise
this option shall not cowtitute a waiver of the right to exercise the same in the event of any subsequent default.
Euh person t'ubfe hereon whether maker or endorser, hereby waives presentment, protest, notice, notice d protest sad notice of dis-
honor and agrees to pay all cosu, including a reasonable attorney's fee, whether suit be brought or not, if, after matursty of this note tx default
hereuader, tx under said mortgage, counsel shall be employed to coikct this note or to protect the security d said mortgage. 3
Whenever used herein the terms "holder", ~"maker" and "payee" shall be construed in the singular or plural as the context may
require or admit. ,
Maker's Address ..X . ~~f _ .(SEAL)
1112 rest Main Street, AAt. 'G-6 _ Perm! L. Mit .hell ,.---•--------------(SEAL)
Leesburg, Florida 32748 X - •
Mildred Mitchell, a/k/a - -
;x337 P~E1438 m
' M= - 'Ys~d....?.. ritchell-.... _ . ...---(SEAL) s