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~0 illtd t0 ~IO~ the aatne. tog•flt•r wtl6 fit. f•rt•Rtnfs. It•ndttamnta and opptsrf•-
nanc•tr 16erofo 6•bngtng, and the rents. tssu•a and projlts llt.noj, unto tlt• morfgag••, to j.. atmpi•.
the mortgagor cownanta wttlt fits mo?tgag•• tlwf t?ta mortgagor k fndjwt6lr a•tzd of aatd _
land to j.. airttpie: that tIt• mortgagor kaa good rtgltt and low/uI authority to cont?.p ,ofd land a~ a/on-
aatd: fits! tit. mortgagor wlli mn~• •ucit jurtk.r auuronca to p•rject tlt• stRtpb titb to twtd land to t?t•
mo?tgag•• atr mar reasona6iy 6• requtnd; that tlt. mortgagor ?~y juQy uian+anb tit. titb to sold land
and wtll defend tft• same agatnat the laurjul clatma o/ nil p•noru tnhomsowr; artd that satd land b ~n•
and clear o/ all •ncum6ronca ~ except those taxes accruing subsequent to December 3 ,
1979.
~~5, that tj satd mortgagor sltaU par unto sold moregttg•• th. c•riafn promts-
say note Iteretnajter tu6•tanttallr eopted or tdenttjt•d, to•w1t:
MOR7aAGE NOT[ RAMCO rORM 1t.1
g 10,000.00 Port St. Lucie .Florida
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FOR VALUE RECEIVED, the uadersiaaed, (jointly and severally, if more than one) promises to ~Sl~ber 16 80
MICHAEL D. FLANZBAtlM
, a• order; in the manner hereinafter specified,
the prineip~al sum of TEN THOdSAND DOLLARS AND NO/100-------------=---.--------------- /100 DOLLARS
10,000.00) with intersst from date at the rate of O per cent. per aaaum,oa the balance Iran time to time renuining unpaid.
The said pr;nctpal sad interest shall be payabk is lawful money of the United Sate, of Mteriu at P .0. Box~~3334, Ft. Lauderdale,
FL 33307 or at such plan ss may hercffter be designated by written notice from the bolder w the maker hereof, on
the date and in the manner following:
This note shall become due and payable in one payment of :10,000.00, on or before January 16,
1981. If not paid within ninety (90) days, interest will be_12X on the unpaid balance.
THE MAKERS RESERVE THE RIGHT OF PREPAYMENT AT ANY TIME NITHOUT PENALTY.
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This note with iaterat is secured by a mo~rt~age on real state, of even date herewith, made by the maker hereof ia.favor of the said
payte, and shall be construed and enforced ucordtng to the laws of the State of Florida.
If default be made is the payment of any of the luau or interest axntioned herein of is said mortgage, or in the performance o[.
any of the a~reemeab contained herein w in said mortgage, tbeA the entire prinppa) sum and accrued interest shall at the option of the
a holder heseof become at once due and colkcubk without aotiu, time beuta~g of the essence; and said pnnupal sum and accrued interea
shall both bear interest from such time until paid at the highest sate aUowabk undei the Iaws of the State of Florida. Failure to exercise
this option shall ant constitute a waiver d the right tQ eserrise the same. in the event of any wbsequent default.
Each person liable hereon whether maker or endorser, hereby waives prcsentraent, praest, notice notice of protest and ttotite of dis•
honor and ogres to ps~r all costs, including a rca,onabk attorney's feeee,, whether suit be brought a not, ir, a ~~nty of this note a default ~
hereunder, or under satd mortgage, aouase! shall be employed to ooUect this nag a to protee the writ said mortgage.
Whenever wed herein the terms "bolder', "maker" and "payee° shall stru ago Conte:t snag
require a admit. REL S
~ hfaker's Aaarcss ~BY.x..» ..~:~t,'~ ..(SEAL)
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7230 Cody St., Hollywood, FL 33024
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