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HomeMy WebLinkAbout0575 ' ' ~ ~a.~'3 ` ~ W the same. lagefher wElh Ihv fsnsmenls. hereditamenls and apptufe- rtartces thereto' belortgirtg, and the rents, issues and projifs Ihereaj, unto the mortgagee. En je+ simple. ~n~ the mortgagor cot~enanfs wtlh Ihs mortgagee that the mortgagor is fndejeosibly wised of aaid land in fee simple: that the morlgagw has good right and lawful authority to convey said land as ajoro- said; that the mortgagor will make such further assurances to p.rject llts jse stmplt lulu to snld land G the mortgagee as may reasonably be required ; the! the mortgagor hereby fully warrants the !Elie to safd land and will defend the same against th• lawful claims of nil persons whomsoever; and that said land is free and clear of all encumbrances except taxes accruing subsequent to December 31, 1979. ]s~ that ij safd mortgagor shall pay unto ,aui mortgagee the certain ps+omis- sory note hereinafter suGelantEaUy c+opEed or tdenftjEed. to-wit: w:. ~uNUE wull ~ taAr..~~0 iO1tM 13,036.09 Stuart ,Fbrida September 9. 1980 FOR VALUE RECEIVED, the undersigned, (jointly aqd se~~erally, if more than one) promises to pay to M.S.F. CORPORATION or order, in the manner. hereinafter speci[ied, the principal sum of Thirteen Thousand Thirty Six Dollars and 09/100-----------------1100 DOLLARS (;13,036.09 )with interest from date at the rate of 8$ per cent. per annum on the balance from time to time remaining unpaid. The uid principal and interest shall be payabk in lawful money of the United States of America ae 2485 SW Cameo Blvd. Port St. Lucie, Florida 334`.1, at such place u may hereafter be designated by written~ratice from the holder to the maker hereof, on the date and in the manner folbwing: Quarterly payments in the amount. of $880.07 commencing December 9, 1980 and each and i every quarter for 4 years or until paid in full. THIS NOTE MAY BE PREPAID IN PART OR IN FULL AT ANYTIME WITH NO PENALTY. THIS NOTE IS NOT TRANSFERABLE WITHOUT FRANK JOCK'S APPROVAL. This note with interest is secured by a mortgage on real estate, of even date herewith, made by the maker hereo[ in favor of the uid payee, and shall be construed and en[orced according to the laws of the Sute of Fbrida. If default be made in the payment o[ any o[ the sums or interest ment'aned herein or in uid mortgage, or in the per[ormance of any of the agreemenu contained herein or in said mortgage, then the entire principal sum and acuued interest shall at the option of the . holder hereof become at once due and colkctibk witbout.tatice, time being of the essence; and uid principal sum and accrued interest shall both beu interest from such tirne until paid st the higbest sate albwabk under the Vws of the State o[ Florida. Failure to exeaise thu option shall not constitute a waiver of the ngbt to exercise the same in the event of any subsequent default. Each .person Gable hereon whether maker or endorser, hereby waives presentment, protest, notice notice of protest and notice of dis- horar and tees to all cosu includin a rcasonabk attorney's fee, whether suit be brought or rat, ir, after maturity of this note or default as wy a hereunder, or uadet uid mortgage, counsel shag be empbyed to collect this note or to protect the security of uid mortgage. Whenever used herein the teens "holder", "maker" and "payee" shall be wnstrued in the singular or plural au the context may require or admit. Maker's Address sf R_OAN_.L~...~fii+.s...Y ...............•---....._...._..................(SEAL) AI~~ L : -WALL V 2431 SW Monterey Lane • Port St. Lucie, Florida 33452 •%~.T..W~`L.........~."......."".° ...............................(SEAL) TAMERA WALL .................(SEAL) X g~................ PhGE....~ /..................(SEAL) -