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Home My WebLink About2864 ~o ~ue ~nd to ~iold Ihe same, to~ether with the tenements. he~editanenls and appurte- nanres Ihe-elo 6elonging. anc~ f{~e renfs, issues an~ pro~tls thereo~, unto the mortgages. in fee ~1mP~e• ~ the mortgago~ covenants wifh the mortgngee that the mort9agor is tndejenti6ly aeized oj aatd lund in je~ simple; that the mo~t9ago~ haa good ri9F~t a~d law(ul autho~itr to convey aaid land as n(oro- said: tha! ~he mortgagor u~ill mo~e suci~ /urther assuronces to pe~pct the ~ee simple fttle to saicl Iarul in !he ~nort~ugee as may reasona6ly be neyuired: that fhe mortgagor I~ereby f ully waRants the title to satd land ancl u~tll dejend ~he same against the Iaw/ul cloims o~ all persons wl~omsoever: nnd Ihat said land ta /-e~ a~d, ~..y 9! all encum6tances except taxes subsequent to December 31, 1979 , M / ~ / I " • and mortgage as herein referred. •"' I~J ~ ~~QV~~ j~1W~ys~ t~at i~ said mortgagor sha~~ pny unto aaicl morl9agee t~e csrtain promia- sory note I~ereina~fer su6ltanliaUy copic~ or idenfi(ied. to-wif: ~uwrawrtE r+oTt i36,200.00 RAMC,' :i~.M DJ ~ Fbcida Deoemb~x 15, , t 980 - FOR VALUE RECEIVED~ the undenigned. (jointly and sc~~crally, i( more than one) promixs to pay to JACK H. BECKWITH aIId EUGENIA BECKWITH~ his Wife , or ordrr, in the manner heninatter specitied, ~,~ ~;~ ~~ THIRTY SIX THOUSAND TWO HUNDRED AND --------------NO ~lpp ppl,L~tts ~=36, 200. ~~ ~"~~ ta~~t tcom date at the nte of ],2 per cent. pcr annum on the balaare irom time to time remainina unpaid. The iaid principal and interat ~hal) be payabk in Iswful moaer ot the United States ot America at Pd~-@@ ~ S designation or at such place as may hereafter be d~signated by writt~n notice from the holder to the mai~er hereo(~ on the date and in the rtunaer (olbwing: .:.~ . _, ... ..., nayment shall be made in 83 equal monthly installments of $381.27 each, including !~oth principal and interest, beginning one month from date hereof and continuing ~n the same day of each and every month for the next 82 consecutive months. ~n the 84th month there shall be a balloon payment due in the amount of ~34,063.17, ineluding entire unpaid principal balance plus accrued interest. ~'ayments shall be first applied to accrued interest and then to reduction of :~rincipal. Zn the event of a default in any payment of principal or interest ~~hich default shall not be corrected within 30 days thereafter, then the ~ntire remaining unpaid principal balance, plus accrued interest if any, shall ir,tmediately become due and payable at the option of the holder of this Note. 'taker reserves the right of prepayment, in whole or in part, at any time •.aithout penalty. • Thii note wSth int~rtst i~ secured by a mortRaRe on r~al estate, ot ~ven dat~ h~rewith. made by the maker hereoE in (avor o( the uid paYee~ aad shall be construed and en(otced according to the laws o( the State of Fbrida. ' I( delault be made in the pa~~rnent o[ a~y of the sum~ or interest mentioned herein or in said mortqage~ or in the pedorm~nce o( ~ anjr oI the agreemer-b contained herein or in said mortgage~ thm the entire principal sum and accrued interest thall at the eption of the ~ holder hercof become at once due and collectibk without notice, time being of the csxnce• aod said principal sum and accrued interc~t ~ ihall both bear interest trom such time unti) paid at the highat rate allowable unde~ ~he la«n o! the 5tate ot Fbrida. Failure to eaercise t6is optiop shaU not comtitute a waiver o[ the right to exerciu the ume in the event of any subsequent defanlt. ~ Each perwn liable hcreon whether maker or endorser, hereby waives prexntment, protst~ noticq notice ot protest and notice of di~- honor and agrees w par all costs, including a reawnable auorney's (ee, whether suit be brought or not, i(, after matunty of this note or de(ault henunder, or under said mortgage, rnunsel ~haq be empbyed to collect this note or to protect the security ot said mortgage. ~ Whencver wed herein the temu "holder", "maker" and "payee" shaU be ung r or plural a~ the context mar ~. nquire or admit. ~ ~ Maker'~ Address - . . ..... .. .......•-•••-•••.._.._.._...._._..........................(SEAL) "'P "i ip ~ . A de on ~ _ .. .~•.•• -•- -••-. -•- ~~ ~ ' ~ • ~.....-- ........ ............ .........(SEAL) . ~~~Car~o1 ~M. Anderson ........ ......................•••..__........_................._..-----.........--• --••........--•-•-••...._....... .... ---•-..• •--••----....---••-.--....._....--•--....._........---.......-••...-----.-.-••-..--- .._(SF.ALj ....... . ...........•------ --._........•--•..(SEAL) g~ 346 ~AG~ 2859 --... .-~-~- ~ . ................ .... ....... .. . ..