Loading...
HomeMy WebLinkAbout0088 N ~o ~laue rind to bald the name. 1 ~ f-,~? j ogether with t s tenements, heredttaments and appurte- nancesjt~h,.er~eto belonging, and the rents. issues and profile tltereo% unto the mortgagee, in fee simple, 1i1111L flee mortgagor rnvenanfa with the mortgagee that the tinortgagor b indefeasibly seized a/ said land in fee atmple; that the mortgagor has good right rind [awful authority to convey said land as afortt- said: ,hat the mortgagor will mane such further assu?ances to tserfeh the fee altnple title to sold land [n the mortgagee as may reasonably be ?equtred; that the mortgagor hereby fully watt+artts the title to said Land and will d%nd the same against the lawful claims of all persons whonuoeuer; and thae said land t, f?se and dear of all encumbrances except those taxes accruing subsequent to December 31, 1979, i ,J~ i ~u~ ~usys, dear if said mortgagor ahaQ pay unto sold mortgagee the certnln promis- I aory note /terelnafler ,reb:tantlaI[y copied or identified, to-wet: MORTGAGE NOTE RAMCO FORM 83 I = 14,500.00 Port St. Lucie ,Florid: October_ 1 , 1980 FOR VALUE RECEIVED, tht undersigned, (jointly and severally, it more than one) promise to pay to - ~ 'FRANK A. MARTIN and VIRGINIA A. MARTIN, his wife and ROYAL FLAGG JONAS and BARBARA JONAS, his wife . or order. ;n the manner hereinafter spedfied, the principal sum of FOURTEEN THOUSAND FIVE HUNDRED DOLLARS AND NO/100-----------------~t00 DOLLARS 14 , 500.00 )with interest fmire date at the rate of 1 D per cent. per annum on the balance from time- to time remaining unpaid. 'The said princip:l and interest shall be paliabk is lawful money of the United States o[ Ameria at 410 71st Street, Miami _ Beach, FL 33141 or at such plan as may hereafter be designated by written notice from the holder to the maker hereof, oa - the date and in the mantser [olbwing: Both principal and interest due and payable in Twelve (12) equal monthly installments of 5308.09 beginning November 1, 1480 and monthly thereafter up to and including October i, 1981. On November 1, 1981 the remaining principal balance plus interest will become due and payable. - THE MAKERS RESERVE THE RIGHT OF PREPAYMENT AT ANY TIME WITHOUT PENALTY. This note with interest is secured by a mortgage on real estate, of even date herewith, made by the maker herco[ in favor of the uid payee. and shall be construed and enforced according to the laws o[ the State of Fbrida. - 1f default be made in the payment o[ any of the sums or interut mentioned herein or in said mortgage, or in the performance of any of the agreements contained herein or in said mortgage, then the entire principal sum and acuucd interest shall at the option o[ the holder herco[ become at once due and collectibk without notice, time being ~ the essence; and said principal sum and accrued interest shall both bear interest from such time unfit paid at the highest rate allowable under the laws o[ the State o[ Florida. Failure to exercise this option shall not constitute a waivu of the right to exercise the same in the event of any subsequent default. Each person Liable hereon whethu maker or endorser, hereby waives presentment, protest, notice, notice of protest and rwtite of dis- honor and agrees to pay all costs, including a reasonable attorney's fee, whether suit be brought or not, iJ, after maturity of this rides or default hereunder, or undu said mortgage, counsel shall be empbytd to t:ollect this note or to protect the security of said mortgage. - Whenever used herein the terms "holder", "maker" and "payee" shall be construed in the/singular or plural as the comext may require or admit. ~~C~~ ~~itif . Makers Address - (SEAL) Q:...R..: EARKS ""a,/kla ..QRVI~LI~._lt.:._..pARICS . lf1UIS PARKS 2196 Flanders Road, Port St. Lucie, FL 33452 (sEAL) BOOIIJ~lV PAGE ~ .............................................................................................(SEAL) 1 ~ _ - J - '