HomeMy WebLinkAbout2963~o ~aue and to Mold the saute, together with the tenements, herditamsnts and appurte-
nances Thereto belonging, and the rents, issues and profits Ihereoj, unto the rporfgsgee, in .j« dmple.
~~ the mortgagor covenants with the mo-lgagee that the mortgagor is tndsjeasibly seized of said
land in fee simple: that the mortgagor has good right and lawful authority to convey said la,td as ajoro-
said; that rite mortgagor will males such further assuronces to perjec! the jes stmpb title to said land in the
more{rages as may reasonably be required; that the mortgngor hereby fully warrants tits title to said land
arttl will defend the same against the lawful claims of all persons whomsoever: and that :aid land is free
and t•l~a. a/ all encumbrances except those taxes accruing subsequent to December 31 ,
1979.
~COU(df~d T1~ayS, That ij' said mortgngor shall pay unto said moNgagee the certain promis-
sory note hereinafter substantially rnpied or identified, to-wit:
MJRT(.AGE NOTE
RAMCO rORM S~
= 3,000.00 Port St. Lucie .Florida
.December 8 1~0
FOR VALUE RECEIVED, the undersigned, (jointly and severally. i( more than one) promisee to pay to
THOMAS A. TIVEY
or order, in the manner hereinafter specified,
the principal sum oI THREE THOUSAND DOLLARS AND NO/100------------------------------1100 DOLLARS
(S 3 , 000.00 )with interest from date at the rate of $ per cent. per annum on the balance from time to time remaining unpaid.
T'he said principal and interest shall be payable in lawful money of the United States of America at 20 PrOSpeCt St . , Cl 7 fton,
hew Jersey 07011 or at such place as may hereafter be designated by written notice from the holder to the soaker hereof, on
the date and in the manner following:
Payable in Sixty (60) consecutive monthly installments of 560.$3 beginning January 8,
X981, and each month thereafter until said principal and interest due thereon are
fully paid.
THE MAKERS RESERVE THE RIGHT OF PREPAYMENT AT ANY TIME 61ITHOUT PENALTY.
'This note with interest is secured by a mortgage on real estate, of even date herewith. made by the maker hereof in favor of the uid
payee, and shall be construed and enforced according to the laws of the State of Florida.
It default be made in the payment of any of the sums or interest mentioned herein or in uid mortgage, or in the performance of
any of the a reements contained herein or in said mortgage, then the entire principal sum and aeuued interest shall at the option of the
holder hereof become at once due and collecubk without notice, time being of the essence; and uid principal sum and accrued interest
shall both bear interest from such time until paid at the highut rate albwabk under the laws of the State of Fbrida. Failure to a:ercix
ehis option shall trot constitute a waiver of the right to exercise the sartte in the event of any subsequent default.
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice of die
honor and agrees to pay all costs, including a reasonable attorney's fee, whether suit be brought or rsot, if, after maturity of this note or default
hereunder, or under said mortgage, counsel shall be employed to collect this note or to protect the security of uid mortgage.
H'henever used herein the terms "holder, "maker" and "payee" shall be construed in the singular or plural as the Contestt may
require or admit.
I-taker's Addreet /s/. ~qAV~Q..~.:...~~GZN~ ...............•---............----•-•- --•--- -.....(SEAL) ~
bA1'ID R. MANCINI
~s!- -- j-...-•---•-- ...........................- -..............---.....(SEAL)
~A'A l I~
€ 544 N .N . Az i ne Ave -..r... Port...$t.....luci a •---F1...3.3452 ............. ~------- - -- --.....- -.. ..--.........-.-....(SEAL) -
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