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HomeMy WebLinkAbout1256 .S • I ~0 nAYe ~ ~ the same, together with the tenements, hendltaments and appurte- ~i nances Iherelo belonging, and the rents. issues and profits ths?eoj. unto fhs mortgagee, to jse simple. I ~ 1N~d the rnorfgapor rnvenanfs with the mortgagee that the mortgagor is indejeatbly seized of said land fn fee simple: that the mortgagor has good right and lawful authority to rnnwy said land m ajon- said: that the mortgagor will matte such Jurehsr assuroncei to perfect the fee simple title fo said land in the mortgagee as may reasonably be required ; that the mortgagor herby /silly ttrarr+artb the titb to said land - and will defend the same agninst the lawful claims of all persona whomsoet?er; and that sold land to jne and clear of all encumbrances eXC'.ept t8170L8 BICCYUiI>g t>,ubsequesit t0 D~eeaaber 31, 1979. ~~utdPd ~IUlUJS, that if said mortgagor shall pay unto sold mortgagee the certain promis- ~ sory note hereinafter substantlnUy copied or identif led, ,to-urtt: MORTGAGE NOTE ftAMCO IOItM W = 3, 375.00 ~ Stuart .Florida September 23 . 19 80 FOR VALUE RECEIVED, the undersigned, (jointly and severally, it more than one) promises to pay to William Hubbell ' and Blanca Hubbell, His Wife ~ ~ - , or order, iR the manner heaisudter specified the principal :um of Zhree thousand Ztlree H~sldCed Seventy Five and NO---------------- ~t00 DoLt.ARs 3, 375.00 )with iatertat tram date at the me of 12~ prr cent. per annum on the [r~,tijt~t ~id. ~ T~ ,ai m pal ~,~m eres saaV 2~ payable in lawful money o[ the united States of America at p.H. EaSt, R.F.D. # 1 *}~~4`~~• ``te'a"" ~i° at such place as may hcn•atter be el~•siKnated by writtrn notice from the holder to the maker hered, on ; the date and in the manner tulluwing: Monthly payments in the amolnt of $112.10 ;:oaal~ncing October 23, 1980 and each and every month far 3 years ar urlt:il paid in full. Thu note with interest is secured by a mortgage on real elute, of even date herewith. made by the maker hereof iR favor of the said payee, and shall be construed and enforced according to the laws at the State of Florida. it default be aside in thr payment oI any of the sums or interest mentioned herein or in said mortgage, or in the prrtormance of any o[ the agreemenu wntained herein or in said mortgage, then the entire prinupal sum and accrued interest shall at the option of the holder hereof become at once due and collectible without notice, time being of the estenee; and sand pnttcrpal sum and accrued interest shall both beu interest [tom such tune until paid at the highest rate slbrrabk under the laws of the Stott of Fbrida. Failure to exercise this option shall Rot cautitute a waiver of the nght to exercise the same in the event o[ any wbsequent default. Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice cwtite of protest and notice of dis- honor and agrees to pair all co~tu, including a reasonable attors?ty's tee, whether suit be brought or cwt. ij, aftu maturity of this note or default hereuadu, or under said mortgage, counsel shell be empbyed to collect ibis note or to protect the security of said mortgage. " " "maker" and " yte" shall be eoostrued is the singular ar plural as the context may used herein the terms bolder , W Whenever ~ require or sdmit. , ~ . Maker's Address S B~ ............._......................(SEAL) j 755 SE 3~alerno Road :Sf~iley-Borkvwsk.•..--.?..•.-•.....NNN ............................(SEAL) Stuart, Florida 33494 p~ r~ ~~c~ I 8001( PIGf 1~~.•. , .............................(SEAL, . ' ~ I