HomeMy WebLinkAbout1560 l
I
~e ~ ~ _ ho :ems, t ~ -
! ogether with Iho lenemenfa, hereditamenls and ~apptufe•
nances]I~h,.rr~eta belonging, and Ihs torts. issues and projtls Iherroj, unlo the moNgagee, In jee simple.
~11{lil the mortgagor covenants with the mo?igagte Ihat the mortgagor is lndejeastbly seized of said
Iand In /ee simple: that iha mortgagor has good right and Iawjul aWhortly to convey sold land w ajon-
said; that the mortgagor will melee such jtrreher auwatuw to perfect the je. airnpb fills to said land to the
mortgagee w may nasona6ly 6• ?putnd; that the mo?tgopo? hertbr jgUy wetrsanta the tltb to ,ald~ land
and will d%nd the same against tho lnwjut claims of sll persona whomsoever: and that sold Land U jrw
and clear o/ all encumbrances except taxes accruing subsequent to December 31, 1979.
~~rww"""' S, . that ij sold mortgagor ahaU pay unto satf~, mortgagee she certain promo- .
sory Hole heelnajter substanltally copied or identified. to=wit: - - - ,
Mortgagt Note
s ...12,000.00..- Vero,. Beach....., ibrid.. October.. _21_...-........ -_...w 80.
FOR VAIUE RECEIVED IM undersigne.l pronwses to WY to Iha ceder of
~ ~ G.QM.Mk.RD~Ai.-. s~NK OF V~RO .BEACH - .
0
~ ~ H,e principal s~ro d 11lFLYE...SHO.USANR.AND...NO/100--.-----------.-------.-.-.-.-.-.-.-.-.---.-.- ..........Dollars
~ togelhe. wilh interest Ihreon at IM tale d 15~ _...-..pr cant pr anrwm from October 21, 1980 I
unhl maturity, both principal and interest being parsble in lawhd ~Y of IM Ur~ted Steles, such principal sum rind irMaresf P+Y~ in inslalbneMS as folbws:
',Accrued interest-shall be due and payable quarter-annually commencing on January 21 1981,
'and continuing on each quarter-annual period thereafter., until this note has been
pa
d in
~ful l .
he entire balance due hereunder, together with acc-rued interest, if any, shall be due and
'payable on October 21 1981.
jThe Makers reserve the right to prepay in whole or in part any sums due hereunder without
'premium or penalty.
i Such insblMnent payments shall be spplied Fret l0 1M wMerpl accruing under tM tense d this noN and tlsan b a rodudion of the ptincipsl indebtedness.
i Tbo makers and endorsers of this note hrthr apse to waive demand, notice of norrpayasent rid protest, red in thst ovonl suit shall be brought hx 1M
collection hreoi, or the same hss to ba eoUected upon demand d an attorney, ro pay reawnable altornet/s lees for making such eopoetion. AN p.ymrrt here-
under shall beer interest r tM rsb d......18~a--.pertarMZtar snmsm 6om w•aturily until paid. This nob a saawed by • mertpape of ewrs dab herewith and is to
be construed and en(oreed according to eM laws of tM Stab at Florida; upon detach in tM payment of prieeipal andiar irMarest when dw, IM whole sure d
~ prinat~ and interest remaining unpaid shag, N tM option of the holders, tsecarM immadiNalY dw and gable. faiht» car ' this option shag not constiwta
~ a waiver of tM ripM ro exercise 1M fame in fM event of subsequent delaxh. ' .
F `
r I' Payable at. bQl-.-- .21st...$#r~~.~.........._.. ~ ........~~...:.G....- .......--...-..........-........-.ISEAI)
Vero_ Beach
...FTorida_..-32960 _ ....._~sEAu
....._tsEAu
or such other place u shall M
' dasynated by 1M heldar ei this
~ note w writing. RE~316 14115 ........................................................,..--.........-.......---.....---....-...---.........-.......1SEAti
~ 341 ~A~E155~ .
~