HomeMy WebLinkAbout0515~e ~aue and to ~iold I~~e same. iogefher with Ihe tenemenlt, he-e~ilamenfr anc~ appurle-
nan~-es itirrnlo ~~e~on{~in~~, an~ t{~e renfs, issues anc~ projils lf~rrEro~, unfo thp morfgagen, in ~ee simp~e.
~IIY 1{~e morf~apor covenanls u~ilti li~e morfgagee Ihat fhe morlgagor is tnde~easib~y seize~ o~ said
land in Jc~e simplp: that 11~e mortpagor {~as good right a-id lawju~ autho~ty to rnnvey sa~d ia.~d as a~ore-
sai~: 1~~ot I~~P morf~a~or u~i« make suc~ ~urf{~er assurances fo per~PCf fhe /ee stmple tttle to said Ia~d in Itie i
morlf~ngi•e as may rnasona6ly be require~: ~ha~ ~h~ morlgagor I~ere6y Jul~y wa-mnts 11~e ttt~e fo said ~ant~ ~
an~i u~ill dejp~~~r ~hP same aflainst thp lawful claims oJ al1 penoru whomsoeve~: and t{~at safcl Iant~ ia ~rev
and rli~ar o/ all Pncum6rances
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; ~rou~ded ~tways, fhaf i~ said mortgagor sltnll pay unto saic~ mortgagee f~e cerlain promis- ~
;~ sory note tiereina~ter substantially copietr or idenfi~ie~, ta-wit:
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~*,~; s_2, 242__ 50 _.____._ __Port--St---- Lucie____ Florida,._. FebruarY._.._-2~?,.__ .. 1981... ~J*
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.-~: ~ ~Dr ~2IjL+P ~~fCPt11Ql~ the undersigned jointly and severally promises to pay to the order ~_jr
~' of Richarc: H Uhley__ar.d._Carleen..0___ t: _il~y_,_.~j~~__y,rj,£e _______________.._._ ~'"~
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; ~; -------------------- ---•--_--• - - --.._. .-- - - - a 56 b J~
~~=~ the prindpal sum c"_Two_Thousand Two Hundi ed._Fo -ty..Two. po~~ars (._.x~42_.50....___._), ;*
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~.,~ together with interest thereon from date ~1 ihe rale o(....__.._.12$________________per cent. per annurn unti~ matunty, ~~,,r
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~~~ said interest~eing payable monthly on 1he__._._.__~Oth~.___._._.._.day oE each and every month both principal r~~~
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~~. and interest bein9 paYable in iawfu! money of the United Stales at ------------------------------•-----------------------------• ~i
~~' 1803 Torguay,___Royal__ Oak_s _,' ichigan 48073 __Flcrida, '~~
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~~': o- at such other place as Ihe holder hereof may des .~ate in writing. Principal and interesl payable in insfall- y~ ~
i~' ~ x ments of ----------------_..-------------•----------_..---------------------------------------•------------------- Dollars, ~5------------------ -) Y,~
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~•.x each on the.___2~th day of each and every month, beginnin9 on ~he _~._2Uth____day oF.__M~r.~ch...___.__.., r r.
4,k 1981__, and continuing until said principal and interest have been paid. Each installment payment shajl be r,x
~~ aediled first on the interest then due; and the remainder on principal; and inte~est shall thereupon cease upon j,~
~; : the prinoipal so aedited. ~`.,j-~
4~:~ ' Maker reserves the right to prepay the entire priiicipal and ~~','~,
~~: accumulated interest at any time, in whole or in part, without ~~
a , x ~,"4x
;~~ penalty.
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~"~! Esch maksr and ~ndorser severallr waives demand, prdest and notice of maturity, non-payrn~nt or prof~st and all r~- y j
sr'" quiremsnts necessary ro hold each of them liable as makers and endorsers. j~,i+
~`" ~ Each maker and endorser (urlher ayrees, joinllr and severally, lo pay all costs o1 co l ledion, inc l u din9 a r~a s o n a b l~ sttor- k?~
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Y;`:~ ney s~ee in case the prin~ipsl of this note or any paymenl on the principal or any interest th~reon is not paid a11M respsctiv~ j,.t+
~~-~: maturitr thereof, or in case if becomes necessary fo prolecf fhs stcurity hereoF, wl~Ij~er suif be broughf or nof. y~~~
r:;~ This note and de(erred interest paymenls shall bear inferest at the rate oF Il per ceol. per annum From maturity k. j
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k~~~ This nots is secured by a first mortga9e of evsn date hsrewilh and is to be construed and en(aced accordiny to 1h~ laws y~r'
jr:~ o( the Stale o( Florida; upon default in ths payment oF principal and Iw intere:t when due,li~e whole wm o1 principal and ',
yY,~ int~rest r~msining unpaid shall, st fh~ option of the holder, b~come immed~alely dw snd payabl~. jr~ ,
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