HomeMy WebLinkAbout1549 7~A{!e t~ the same. together with the tenements, hereditaments and apptute-
tta?tces thereto {,elonging, astd the rents, issues and pro/its /hereof, unto the mortgagee, to /ee simple.
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' 1i1~ the mortgagor covenants with tho mortgagee shat the mortgagor is tndejea,ibiy seized of said
Land in /ee ample; that !ha mortgagor has good right and lawful nuthorifr fo convey said land as ajon-
said; that the mortgagor will make such /urther asstuances to perfect the fee simple title to said land in the
mortgagee as may reasonably be required; fhnf the mortgagor hereby fully wananta the title to said land
and will de/end the same against the bwjul claims of all peaons whomsoever: and flint :aid land is /?ee
and clear of all encumb.artres EXCEPT taxes accruing subsequent to December 31 , 1979.
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~Vl~ 111W~sr that i/ said mortgagor shall par unto said mortgagee the certain prom4-
sory note kereinafter substantially copied or identified, to-wit:
' MORTGAGE NOTE RAMCO FORM S1
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= 13,200.00 - carol city . Florian
November 3 19 80
FOR VALUE RECEIVED, the uadenigned, (jointly and se~•erally, if more than one) promisee to pay to
HOYT C. MURPHY, INC., REALTORS, a Florida corporation
a order, in the manner hereinafter specified,
the principal sum of THIRTEEN THOUSAND TMO HUNDRED AND NO/100----------------------- /!00 DOLLARS
(i 13,200.00 )with interat from date at the me of 12 per cent. per annum oa the balance from time to time remaining unpaid.
The said principal and interest shall be payabk is law[ul money of the United States o[ Amcria at p,0. box- 998, Ft. Pierce
Fla. 33450 or at such place u may hereafter be desisnated by written notice from the holder to the maker hereof, on
the date and in the manner folbwing:
Payable in Sixty (60) consecutive monthly payments of
X293.63, beginning December 4, 1980 and-4nonthly thereafter
until entire principal. balance and interest due thereon
~ are paid in full.
The makers reserve the right to prepay at anytime without
~ penalty. .
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This note with interest is secured by a mortgage on real esute, of even date herewith, made br the maker berco[ in favor of the uid
payee, and shall be construed and enforced according to the laws of the Sute of Fkuida. j
If default be made in the payment of any of the sums ar interest mentioned herein or in uid mortgage, or in the performance d
any of the sareemente contained herein or in uid m~srtgage, they the entire principa) sum and accrued interest shall at the option of the
} holder herco become at once due and colkcubk without notice, time being o[ the essence; and uid principal sum and accrued interest
~ shall both beu interest from such time until paid at the highest ntt albwabk under the laws of the State of Florida. Failure to esercix
this option shall cwt constitute a waives of the right to asercise the same in the event of any subsequent default. j
Each person liabk hereon whether maker or endorser, hereby waives presentment, protest, notice notice o[ protest and notice of dir
honor and agrees to pay ap cosh, including a reasonable attorney's tee. whether suit be brought or not, i~, after maturity of this note or default f
hereunder, or uadu said mortgage, counsel shall be empbyed to collect this note or to protect the security of uid mortgage.
Whenever used herein the terms "boiler", "maker" and "payee" shall be construed is the singulu or plural a the contest may
require or admit.
Maker's Address /s/_-iJINSTON -BAUGH•_---•--_• ..........................•-•-----------------------...(SEAL)
' 2450 NM 182nd Terrace Minston Bauggh
/s/..~~1IlaKT.~X..iIAAGH......... .(SEAL)
Carol City, Fl 33055
Beverley Baugh
GR - -
- ~~~3~3 Psi
. ----------•---...-...........-..---.._...._...........---•-----......(SEAL)
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