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t I~iP san~e, fogeff~e~ wlth Itie tenemenb. I~vreclilamPnb anc~ appurfe-
~` ~o ~ue ~nd to ~lold ~
nanrPS lherelo he~onginp, anc~ ftie mnfs, iasues ant~ profifs Itie-eo~, unfo fhe ntorfgogee, in ~ee simp~e.
~L{L{~ f1:P morfgagor rnvenants with the martgagee 1{~af the morigogor is indejeaii6~y ~elzed o~ satd
land in ~ee simple: that !he morlgago~ hw good rtght and lawJu~ ~ euil~ority to conuey sald Iund as ajore-
saicr; Ihol f'~e mortga9o~ u~Ill malee sucl~ (urfhe~ assurancc-s ~o per(rct lhe ~ee =imp~s fif~e to suid Innd in the
morlgagee as may -easonab~y be requirecr: fl~a! the mortgugo~ I~ere6y (u~~y warranta !he tit~e !o said ~and
and u•Il[ de/pnd the same agninst the Iaw/ul claims oJ aU pe-sona whomsoever: and that satd In-~d u(.~
and cl~ar o/ all encumbrances exeept tdXES dCCY'u1Rg subsequent t0
December 31, 1980.
~~V~~ ~w~ys~ fhat i( :aid mortgugo~ rha~~ pny unlo snid mortgagoe the cerfain promit-
~ sory nofe hereinu~ter su6atnntinlly eopted or tc~enti~ted, to-u~ft:
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{ s:8,000.00 __ Port St. Lucie Florida,..Deeemt~er /~ _.,,1980_. r
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` ~jL1Y ~tl~ltf ~`~C~111~~1 the unders~gned jomtty and severally promises to pay to the order =
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` oF R._.F,__VALGAR~O__~~d_, GI~4R~A._ M.... VA~.~,4AEi~0~...h~.S__`r~ci.f.e .......................-- -----........__ ~:
~ ~I+~ prin6pal sum of~tIGHT..~H4U,~A~1[~_.1~ND...hOf 1.00--------------------- ----Dollars (S.$~OOQ...O.A----._...~, ;
~ toyether with interest thereon Irom da~e at the rate o(..._ ~ 4~ ......................per cent. per annum unti) maturity, ~
~ said inlerest being payable monthly on the.~ 5 th ___ day o1 each and every month both printipal /;
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~ and interest being payable in tawful money o( Ihe Un~ted States at..... _..._._________________ ______________________________ "
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.............. ---:...--------------------------._ Florida. • 1
. .................•-------------•-----------------.._.__..._-------•--•----------------------- ------- s.
: or af such other place as Ihe holder he~eol may desi9nate in writin9_ Printipaf and interest payable in install- ;~
` NINETY FIVF: AND..02 100 Dollars, (;- •- ) Y:
~ msnts oE----------------------------------- 1---...---•--------...------------------=---------•---------.... 95_ R2_------
~ 15th 15 Januar %~
Y ~sth on ths. .............. day of each and every month, beginning on ~he .__.._~~l__...__._day oE.----------•---y.----•--•-• :.
~ 1'~ ~...., and continuing untd said printipa) and infe~est have been paid. Each installment paymenf sha~l be %:
uedit~d fi~st on the interest lhen due; and the remainder on principal; and interest shall th~reupon cease upon ~,
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; tM principsl so aedited. ; ~
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' Makers reserve the right to prepay all or any portion of said
indebtedness without penalty and this Note is not assumahle without
the prior written consent of the holder thereof.
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~ ~ Each maker and endo-ser :eve-ally waives dema~d, prc~est and ncl~ce o1 maturity, non paymtnf or protesl and a1) r~-
quir~n»nls necessary to hold each o( ~hem liable as makers and endorsers
~ Esch maker and endorser furlher agrees, jaMly and severally, fo pay all co"sls oF colleclion, including a r~asonable a~tor
n~r s~e~ in tase the prinupal o( this oote or any paymeM on 1he pr~ncipal or any ~nler~st therson is nol paid al the respective
~ maturify Ihereof, or i~ case ~t becomes necessarr to pro~scf ~he security hereoF, whether su~l be broughf or not.
~ ?his note and delerred ~n~eresl payments shall bear i~leres~ a~ ~he rate of ~ 4~ per cenf per annum from mafurity
until paid.
~ This nof~ is iecured by a(irst mortgage o( evs~ dale herewith and ~s to be conslrued and enfo.ced accord~ng to the Isws
. of the State ol Florida, upon de~ault in fhe paymeM c( pnnc~pal and'o- ~nterest when due, the whole sum of pnncipal and
/ int~r~sl r~maining unpaid sha~t, al Ihe oplion o~ Ihe holde•. become ~mmediately due and payable
.
~ .............. 800K~~6. PiGE ~.~,1I~0...__.....iS~alj - ~•/~ ----- -.. (Seal1
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