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~o ~ue And to ~otd f~~e same, fogel~e~ with I~~e I~nemenU, {~eredilampnfa an~ appu~le-
nances Ihnrelo ~~p~onninc~, nnrl Ihe ~~nts, issups anc~ pro~ils Ihereof, unfo Itie morfgogee, in fee simp~e.
~nd 1he morfgago~ co~~pnanfs u~tth tl~e morfga~ee ~Ihat the mortgagor is inde~eaii6ly aeizecl oJ said
~a-x~ in ~PP simp~~: I~~nf t~e morfpagor has good ~ighf ancr ~aw~u~ aulho-ity fo coavey said land os a(ore-
snic~: I~af f~~e moriflaflor u~i~~ make auch ~urltier aasurances to per~rc! the fee simp~s ttl~a to snid ~and in Ihe
morf{/a(~ep as m4y reasona6ly be required: tKa! tl~e mortgagor here6y jully warrnnla tl~e tifle to satd land
ancl u~ill d~fend Ihe same agains! Ihe law/ul claims of all persons wkomaosve~: and f6at ,ntd la,~d i, Jne
a~~d ~tPa~ o/ all encum6rances subject to ad valorem real property taxes for the
calendar year ~P,~ and all subsequent years.
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' ~rou~ded ~lwnys, If~at iJ saic~ morlgagor shal~ pay unto said morfgagee t~e certaln prontii-
~ sory note tie-eina~ter su6slnntially copie~ or iclentijied, to-wif:
!.~oRTGAOE NOTE
RAMCO FORM E3
s 124,900.00 Stuart . Fiorid~
05 January .~980
' FOR YALUE~ RECEIVED~ the undenigned~ (jointlZ~ nd scveraUy, i( more than one) promises to pay to -~
RUTH I KUCHLER and/or A WILLIAM KUCHLER
, or order, in the maaner herciaa[ter ryeciCxd,
~n~ principal ,~ oc One hundred twenty-four thousand, nine hundred exactly iioo noi.~-Rs
~ j 124 ~ 9~0. 9Qvith interat trom date at the rate oI ~ ~. ~ per cen~ per annum on the balaace (rom time to time semainina uapaid.
l~hr ~aid principal ~~a interest ihall be pa~rabk in lawlul money oi~ehe United Sute~ o( Ameriu at" Z~ 5Z OWe11S Ld11E ~ Lawrence,
Kansas 66004 or at such pixe u may h~rcaft~r be d.-signated bY writt~n notice (mm the hoWer to the maker hereof~ on
chc date and in the manner (olbwing:
in monthly installments of ~1,600.00 combined principal and
interest, commencing on the 5th day of February 1981 and continuing on the 5th day
of each subsequent month, until paid in full. Pa nts shall first be applied to
accrued interest; the balance to.principal. This ote may be prepaid in full or in
part without penalty after five (5) years from the ate of this note. Prepayment
before 05 January 1-986 shall require the written c ent of the payees.
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This note with interest i~ secured by a mortg e on al esta~te~ of even date hercwith, made by the maker hercof in favor o( the uid
~)3~'ff~ and ahall be rnrotrued and mforced accordin to laws of tbe State of Fbrida.
If default be made in ehe ym t of aay of We aw~u or iaterest menaoaed bereia or in iaid mortsa6e~ or in the pertormaau ot
an~ of the agreemrnq oontained erein or in uid mongase, then tbe entire principat sum and aocrued _interest sball at thc cption o[ the
hoider hereo[ become at once d aad colkctibk without notice, time beu'~ ot the eaence; and said principal wm and urrued intae:t
shali both bear intenst irom suc time until paid at the 6ighat nte albwabk under the larvs oI the State of Florida. Failure to ~xeici~c
ch~s opcion shaU not constitute a w'ver of e right w exerciie the rame in the eveat of any wb~equent detaul~
Each penon liabk hereon whe er or endoner, herebp waives preseneneat, pcotat, notice aotice of protat and notice of dir
honor and agrees to pay aU casts~ including a reasonabk attorne~s . w ther suit be brouaht or not, i~, alter matunty of t!-is aote or default
hereunder, or under uid mortgaae~ aou~uel shall be empbyed oollett ' note or w pwtect the ucuritp of ~aid mataase.
Whenever wed herein t6e terms "holder", "maker" "paree" be wns dngular or plural at the coatext mar
r~~quire or admit. ~
' Maker's Address /iS .. _.. ~ ................ ...........-••--•-•-••---•--...-•-...--•-•••-•-••••-•--~SEAL)
DAVID A CHILDS
13317 Indian River Drive
~ansen Beach, Florida 33457
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BOOK•,`tV PdGE~~.....-------•----
......_.....(SEAL)
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