HomeMy WebLinkAbout1607 ~t'~'_.
~o ~ ~ the same. together wtlh the e.rt.rn.nb..Iter+edlt.r.,ent..cuj .ppwto.
Hance: thereto belonging, and fire nnb, tsattea and pro/!for tltety% wtfo the Rtortgag«. in alntple.
the mortgagor covenants wtth the mortgag« that the nwrtgagor is lrtd%aiblr aetzed o/ card
land to j« ample: that the mortgagor hero good right and !ow/ul autltoritr to contrep aald land a a/on.
sold; that the moNgagor will moire ouch /urther wstuonces to per(rcf the atmp4 title to ~atd land to the
mwtgag« as mar nasonablr 6e requtnd: that rite mortgagor hereby /uUr wananb rite ttt4 to lard lortd
and will de/snd the same agatrtit the Gtw/ul elatnu o/ all perrons whont,rotnK; an<j tjutt astd land 4 /rw
and clear o/ all encu»tbnonca .
~fU~S, that t/ said retort
gager shall par onto said nwrtgag« the certain promis- .
sory note her.tna/ter substantially eopted or tdentt/red, to-wit:
MORTGAGE NOTE
530,000,00 Port St. Lucie
, Florida
September 22 •t9 80
F'Ok ~':~1.VE kFC~I~'t:U, the unJenianeal, (jointly anJ scvrnlly, if r.:err than one? pr.,mi:es to pr}- to
MAUI. D, CO.iBS
or orJer, in the manner hereinafter speti5ed,
the principal sum of THIRTY THOUSAND and NO/100-----------------'------------------st39A DOLLARS
(S 30, OOO.OO) with interest fmm due at the me of 18 per cent per annum on the balance from timt to time remaining unpaid.
The said principal and interest shall be payabk in lawful motley of the United Stues of Ameria u S. E. JEFFERSON STREET,
STUART, FLORIDA 33494 or at such place u may hereafter be designated by written notice from the holder to the maker hereof, on
the date and in the manner following:
PRINCIPAL AND INTEREST DUE AND PAYABLE
IN FUL1, FROM DATE HEREOF ON THE 11th
day of August, A. D. 1981.
THERE SHALL:;BE NO PREPAYMENT PENALTY IN PART OR `+THOLE
U
Thor note with interest a secured by a mortgage oo teal estate, of even due herewith, made by the rruker Hereof in favor of the said
payee. aid shall be construed and enforced according to the laws of the State of Florida. 11te terms of said mortgage are by this reference
made a part hereof.
If dehuk be made in the payment of any of the sums or interest mentiooad htreio or io said mortgage, or in the performance of
any of the agreemenes contained herein or io aid mortgage, thrn the entire principal sum and accrued interest shall be u the option of the
holder hereof become u once due and ootltaibte without notice. time bang of the essence; and said principal sum and acaued interest
:ball hoch bar iaerest from such time until paid u the highest rut albwable under the laws of the State of F'brida. Failure co exercise
this option sha0 not eorutaute a waiver of the right to exorcise the same in the event of any subsequent defauk.
Each person Gable hereon whether tinker or endorser, hereby waives presentment, protest. collet, notice of protest and notice of dis-
honor and agrees to pay all costs inducting a ctasonabk utomey's fee, whether suit be brought or not, if. esker maturity of this note or default
hereunder, or under said mortgage, counsel shall be employed to corker chic once or to proctet the severity of mortgage.
Wtrenever used herein the cerrrts "holder", ''maker" erect "payee" shall ~ ed in s' lay or plural as the context may
require or admit. `
Alaker c AJJress G (SEAL)
a t arr a a s er rr
465 S. E. Galleon Lane (PEAL)
Port St. Lucie, Florida 33452 f1~~~(~° ~a~~~ fs~)
(SEAL) {
!I
- -