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1~ IIAVe Allll• t~ TW~~ the same, togeflser with the fener-tat<<t~ ~reditametsb~ 4-~l appurte-
nances thereto belorrgirrg, a-rd the rents, issues and proftls thereof, unlo the mortgages, to fee simple.
the mortgagor covenants with the mortgagee that th. wtortgngor is Indefeasibly seized .of said
land in fee simple: that the mortgagor has good right and lawful authority to convey said Ia-rd as of oro-
said: that the mortgagor will make such jtrrther assurances to perfect the fee simple fills fo said land in the
mortgagee as may reasonably be requtred: that the mortgagor hero6y fully warrants the title to said land
acrd !bill def e-rd the same agninat the lau~f cal claims of all persons whomsoever: and that said land is free
and clear of all e.?cumhronces except those taxes accruing subsequent to December 31,
1979 ,
- ~COUId~ ~lU~UJS, that if said.gorlAa~r eJta~l qty ty~to said mortgagee the certain promis-
sory note hereinafter suhstantially copied or identtfletl, fo.~it:
• ;AIGAGE NOTE
s 34,000.00
RAMCO r3RM S1
FFt. P'erC , Florida
Decem~er ~ , 19 80
FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to
..- ..
JAMES H. DAVIS and LUCILLE M. DAVIS, his wife
, or order, in the manner hereinafter specified,
:hc principal sum of THIRTY-FOUR THOUSAND DOLLARS AND NO/100----------------------- /100 DOLLARS
', S 34 , 000.00) with intersst from date at the rate of 11 per cent. per annum on the balance from time to time remaining unpaid.
The said principal and interest shall be payable in lawful money of the United States of America at X Bob Hardwick, Rt. 8, BOX 30U -
Ft . Pierce, Fla. 3348 at such place as may hen•after be designated by written notice from the holder to the maker hereof, on
~hc date and in the manner following:
-'aya~le in One Hundred Eighty (180) consecutive monthly installments of $386.45 beginning
•~anuary 3, 1981, and each month thereafter until said principal and interest due thereon are
f+~lly paid.
T~~E MAKERS RESERVE THE RIGHT OF PREPAYMENT AT ANY TIME WITHOUT PENALTY.
This note with interest is secured by a mortgage on real estate. of even date herewith. made 5v the maker hereof in favor o[ the said
;: +.ce, and shall be construed and enforced according to the laws of the State of Fbrida.
If default be made in the payment of any of the sums or interest mentioned herein or in uid mortgage, or in the performance of
_s;iy of the agreements contained herein or in uid mortgage, then the entire principal sum and accrued interest shall at the option of the
holder hereof become at once due and colkctibk without notice, time bring of the essence; and uid principal sum and accrued interest
6 .hall both bear interest from such time until paid at the highut rate allowable under the laws of the State of Florida. Failure to taercise
9 ehis option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default.
~ Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice notice of protest and notice of dis-
::onor and agrees to pay all cosh, including a reasonabk attorney's fee, whether suit be brought or not, ir, after maturity of this note or default
}:-rounder, or under card mortgage, counsel shall be employed to collect this note or to protect the security of uid mortgage.
Whenever used herein the terms "holder'", "makei' and "payee" shall be construed in the singulu or plural as the Conte:t may
r•-quire or admit. ~~-~~
Maker's Addreu -~_.' .--,.y1~--.... l...~G-.~~~-~ ---..........-........(SEAL)
ST/~E R . GARR~/SON /'-~
.~!` ~s~.~..~...C`-..:.~(.JC..<.:~n.:~.~~~.7.~1 ............ .......(SEAL)
KR 7, Box 568 Graham Road SUSAN_ K. GARRISON
FC....~ierce., ..Fla_...33GSU .................._.............._....g~~K.i~~ -~~ - •~}.. .........................-..--- --..-...---- - .....-- --....(SEAL)
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