HomeMy WebLinkAbout1752 ~o Aaue and to ~totd Ilte same, t«{ether urith the tenements, he.etlttumertt: anti appttrte
nuu•es Ihernfo hrlonttiu{t, and the ?enfa, issues ant( profifa the?eof, unto the mortgagee, in Jpe simple. `
I~ And the mortgagor covenants with the mortgagee Ihal the mortgagor is indefeasibly seized of said
j land in fee simple: that the mortgagor ha: good right and lawful authority to convey :aid land as aforo-
saitl: that the morf{(agar will make such further assurances to perfeN the fee simple title to said land to the
morf a ee as ma reaaonabl be r aired: that the morf a or herob ' _
g fl Y y eft g g y fully warrants the title fo aaid.land
arm will defertcl the same against the lawful claims of all persons whomsoever; and that said land u free
I~ and clear of all encumbrances except those of record.
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~COUided Always, that it said mortgagor shall pay unto said mortgages the certain promb-
sory note he?einaffer suhstanlially rnpied .or identified, to-wit:
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es.ry~/e MMe, tie. ~w rgNb .r MeM?2r t.grM.wn~l.:a.r .ec~:aa~ - 5~.MINOIE FORM )r
Mortgagge Note ~
s ._1.8,327.00_.. `fi't. fierce ,tb.ida September 30 .t98Q ~
fOR VALUE REtE1VED the undersignej promise: io pay to the order of
AMERICAN HOMES. AND_MORTGAG~„..ZNC.
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Ei hteen.thousand three hundred twent seven-------- ~
?he p.incipal sum of. g Y ---_----_..l>ollars
tcgelher with interest thereon at the rate of _ 11 ..per tent per-annum Iron. .December 1, .1980
unni maturity, both principal and interest being payable in lawful Money of tAe Umtsd States. such prmapal win and interssl payable in ~nslallmems as follows: ~
Fifty-nine (59) monthly installments of $189.17 each, commencing on
~ January 1, 1981, plus a balloon payment due on January 1, 1985 in the ~
~ amount of $152.89 interest and $16,679.33 principal payment. ~i
This note may be prepaid at any time without penalty. i
I Such installment payments shall bs applied fast to the interest accrwng under the terms of this note and then to a reduction of the principal indebtedness.
TM makers end endorsers of this note fwthe. agree Io waive demand, rrotice of non-payment and potent, and in the event wit shall bs brought for the
collectwn hereof, or the sams has to be collected upon demand of an attorney, to pay reasonable attorney's lees for making such collection. All payments here-
` under shall beer interest at the rate of 1...... percent per annum from maturity until paid. This note is senwed by a mortgage of even date herewith and is to
be construed and enforced according to the laws of the State of Florida; upon"default in the payment oI principal andlor interest when due, Ihs whob wind
prmapal end iderest rerasinirsp unpaid shall, at the option~of the holders; oeeome immediately duo and payable. Fadme to exercise this option shall not constdute
a waiter of_the right fo exercise the same in the even( of subsequent de(auN. / / I _
54 57 S . W . Anhinga Ave . ~ U/ _ sEAlj ~
Paya a!
Palm City.,_ Florida, 33490 _ ` .tSEAI}
or such other place as shall be _ .15EA1) ~ f
designated by the holde+ of this ~ ~ '
note in writing. _ _ _ _ . .(SEAL{ ~ i
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II l,~~x341 ~~Ei7~7 ~ ~