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HomeMy WebLinkAbout0074 ]0 ~t ~ W the same, fogrlher wilh the Isnemenfs. he?r~Iilumenls and apptufe• /taltl•es Ilterefo helurtfliltg, altll the ?e?tfs, iSS1/P! and prollls Ihereol, ttnlo the mortgagee, In lee simple. the mortgagor /•urrnanfs urilh the mortgagee That the mortgagor is tndrleasibly srized of sold fan/~ in 1PP simlll/•, Iltat the morlgagw has good riphl and laurlttl authority fo contrey said laud as alore- sa1d: Ihal the mwlllagor aril! make such further ossuronces to perlsrf the lee sJmpls Iille to sold land to fhtt mortgagee as may reasonably 6e ?putrltd; that the mo?tgago? hereby fully urarranls th• title to said land and urlll delrnd the same against th• lawful clotms of all persons whomsoetrer; and Ihat Bald land is free and clra? aJ all encttmb?ances except taxes for the year 1980 and subsequent years. ~COlltdcd ~ilw~ys, Ihat it said mortgagor shall pay unto said mortgagee the certain promis- sory note he?eirtalfer stlltsla?tfially r•opied or identified, fo-urit: ~44 I s 2,$00.00 1B 80 STUART, Florida, Be tuber FOR VALUE RECEIVED, the urtderstgrtsd, jointly and sewe?aNy. PROMISE TO PAY to tht order of Cli~tnn C_ Waltsilrg and Sarhara 8_ Waltersi, hig vi des ThOLlliaIId Five Hllfld2'!d and OO~lOO DOLLARS, at 4711 S~R~ Faison AYBA1twr Rtttart_ Fla. 33494 o.sudtoth«plauastheholdn hereof may designate in writing, together with interest from date at tM rata of ~_per centum per annum on tM unpaid balalxe until maturity. the Bald principal end interest shell be due and paysbte as follows : _ The principal sum of $1 r 250.00 shall be due and payable one (1) year from date hereof, together with accrued interest; and the s;um o! $1,250,00, together with accrued interest, shall be due and payable two (2) years from date hereof. This note may be prepaid in part. or in whole or in part at any time before Sue without penalty therefor.- f 1/ de/cult be made for ~fi days rn the payment of any installment o/ pr.ncrpal or ~nlerest or any part thereof, the whole sum then rema~nrng ~.,npyd with rnflreSt Shall at hOlder'S OpUOn beCOme due and payable WithOUt DOIiCe. Fall ur! to e7ferciie SVth OPUOn Shall n01 cons t to a waver O/ the ~,qn[ ro e><eruse the same m the event o/ subsequent dttault. Alter matwrtY both prrnupal and accrued rnterKt shall bear rnterest at~Der centum per 3nnwn until paid. The makers and endorsers of this note further wave demand, noUCe o/ non-payment and protest. I/ this note rs not Paid at maturity ,in0 the same rs placed with an attorney /or collection, the makers and endorsers hereof agree to pay all costs o/ collection, irKluding all court coNS and •casonable attorney fees. /s/ Frank Garritano COPY Fr~1 Ga rit no (SEAL) /s/ Giu~ia ~arr~tano (SEAL) Giulia Garrf tano IsEau I t.:. +a