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I~ ~o ~iaue And to fold Ilse same, t ether urlth the fertemertf,,
~ 041 hereditament, and appu?fe•
j uances Iherrto belonging, and the rents, isstses and projifs Ihereoj, unto the mortgages, in jee simple.
the mortgagor rnuenants with the mortgagee that the mortgagor is indefeasibly seized of said
~ Innd in f
PP simple; shat the mortgagor has good right and lawful aufhortly to convey said land as ajore-
~ said; that flee mortgagor will make such further assurances to perfect the fee simple title to said land in the
morlflagee as may reasonably he required: that the mortgagor hereby fully warrants the tffle to said land
t and will de%nd t11P same against the lawful claims of all perso?u whomsoever; and that said land is free
I' and clear aj all encumbrances except those taxes accruing subsequent to December 31,
f 1979.
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j ~COUided ~ltUIIyS, that •fj siiid tt+toregaBor ",hat! pay unto said mortgage. the certain
promi,-
sory note hereinafter substantially copied or identtjfed, to-wit:
~+c~wrGdfE ~u~c RAMCO rORM Ssl
s 5 , 000.00 Port St . Lucie , Fl~•rida
November 14 l9 80
FOR VALUE RECEI\'ED, the undersigned, (jointly and severally, if more sham one} promises to pay to
CARL E. FESSEL and JOSEPHINE M. FESSEL, his wife -
, or order, in the manner hereina[ter specified,
chr principal sum of FIVE THOUSAND DOLLARS AND NO/100-------------------------------,/loo DOLLARS
(f 5 ~OOO,OO )with interest from date at the rate of $ per cent. per annum on the balance from time Io time remaining unpaid.
The said principal and interest shall be payable in lawful money of the United States of America at
or at such place as may hen-after be dcsienatrd by written nonce from the holder to the maker hereof, on
~f; chr date and in the manner following: -
f
~tlis note shall become due and payable in one payment of 55,000.00, plus interest on
or before October 16, 1985.
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THE MAKERS RESERVE THE RIGHT OF PREPAYMENT AT ANY TiMF WITHOUT PENALTY.
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This note with interest is secured by a mortgage on real estate, of even date herewish. made by the maker hereof in favor of the said
atice, and shall be construed and rnforced according to the laws of the State of Florida.
If default be made in the payment of any of the sums or interest mentioned herein or in said mortgage, or in the performance of
any of the agreements contained herein or in said mortgage, then the entire principal sum and acvued interest shall at the option of the
1.;•idcr hereof become at once due and collectible without notice, time being of the essence; and said principal sum and accrued interest
{ shall both bear interest from such time until paid at the highest tau allowable under the laws o[ the State of Florida. Failure to cxerci}e
eh:s option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default.
I Each person liable hereon whether maker or endorser, hereby waives preuntment, protest, notice, notice of protest and notice of dis-
t:~~:~or and agrees to pay all cosu, including a reasonable attorney's fee, whether suit be brought ar not, i[, after maturity of this note or default
::~:eunder, or under said mortgagq counsel shall tx employed to collect this~u6te or to protect the security of said mortgag -
N`henever used herein the terms "holder", "maker" and "payee" shrill tx construed in the singular or
p
neat as 6e context sassy
nyuirc or admit. ~ ~ - =
Maker's Addreu ~ - r; ....(SEAL)
0-ENNIS K. ~~SSEL
. - • _ ~ -..{SEAL)
077 S. E. Rarding St. SHARON M. FESSEL
i'c>.r.t St_ ..l.uc.ie Fla.---.3-345 ..-{SEAL)
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_ _ -.-(SEAL) •
343 za~~ 1~2
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