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HomeMy WebLinkAbout1313 't~ I~~e same, fogel{~er wilti th~- fener-ienfa, {~ereJtlomenfs una appurl~ ' 30 ~ue and to ~old ~' ~~ ~ ~! ~ran~~>s IhFrnto {~~~onpin~~, anr~ t~~e rrnls, issues anc~ profiis f~ereo~. unfo I~~e moHgages. in ~ee simp~~. ~ ~~ Ili~ mu~l{~agor coi~~~iants u~ifh fhe morldagee If~al Itie mo~lgago- is indeleasi6ly spized oJ said ~ j~ ~an~~ in (~•e simp~~; f~af If~e mortpagon c~u good -ight and Iaw~u~ authorily !o eonuey said ~and as aJore- ~:` s~id: 1{~at ~I~e morlga~or u~ill mo4e such /urlher assurances to per(pct 1f~e fee ~imple ~r~l~ ~o :a~d bnd tn the i~ morl[~agee as mey rnasonably be required: ff~at t1~e mort9agor I~ereby Jully wnrranla Il~e title to said land ' a~u1 u~ill de%ncI ~I~e same against t1~e Iaw/ul clatms o( ull persoru w{~omsoe~er; and that sa~d land t~ Jres ;~ qfl~~ ~t~a~ ~j alt PIIfUII161YlIIfPS except those taxes accruing subsequent to December 31, ~i 1980. E ~rouided ~[ways, that i~ said mortgagor ahall pay unto aaid mo~lgagee t/-e certnin promis- ~~ sory note he-einajfer su6stantially copie~ or ic~ertliried, to-wit: ,; , MORTGA6E NOT[ I, RAMCO iORM 5~ 14,910.~0 Port St. LuC1e, Fbrida ; March 1: ' ~g 81 FOR VALUE RECEIVEQ„the undetsianed, (joiatly and reverally. if more thaa one) promiu~ to paY to FRANK A. MARTIN and VIR~iNiA A. MARTIN, his wife and ROYAL FLAGG JONAS and BARBARA JONAS, hi S w1 fe , or ordcr. ~n ihe manoer bereinatter ~pec~('~ed, ~~ pr;~ri~t .~ ot FOURTEEN THOUSAND NINE HUNDRED TEN DOLLARS AND NO/100~---------~1~ ~LLARS (;~ 4~ 9~ ~. ~~ ) vrith intertit (rom date ~t t!u rate d ~ 0 per crnt. per aaauou on the balance (ran tiwe to time remainia6 unpaid. The said pru-dpal aod interest ahaU be p~pabk in Lawfu! money of the United Stata o( Ametiu at 410 71 st Street, Miami Beach~ FL 33~ 4~ or at such place u mar herealt~r be de~i~nated bY written notice (rom the holder to tht mater hereo(. on she dste and in the manner folbwin6: ` Payable in Sixty (60) consecutive monthly installments of 5316.59, with the first payment being ~326.59 beginning April 16, 1981 and monthly thereafter until said principal and interest due thereon are fully paid. THE MAKERS RESERVE THE RIGHT OF PREPAYMENT AT ANY TIME WITHOUT PENALTY. T'hu note wit6 intetett is secured by a mortaage on nsl estate, of cven date herewith. made bv the maker herco( in [avor ot the uid payee. aad ihall be construed and en(orced accordina W tlre lawi of tbe State ot Florida. IE deiault be made in the paymeat o[ snp of ihe lums o* interat mentioned herein or in said mortga6e~ or in the pcrtormance ot any ot tbe a~reements contained herein or in said mortsa;e, thrn tbe eatire principal sum and acciued intercst ahall at the option of the holder hereoi become at oace due and colkcn'ble witbout no~ice, wne bein~ of the esxnte; and said prlOGpil ~um and accru~d interc~t ~hatl both bear inun~t from iuch time until paid at the hiahat rate albwabk uadu the lavra oI the State o[ Florida. Failurc to esercise ehii option i6aU not comtitute a waiver o( the ris6t w exercise the ~ame in ehe event of aor wbsequcat defsW~ Each penon liabk hereon whether maker w endoner. hu~b~ Mnivet preientmeny protett, notia notice o( protest and notice of dir honor and saren to pap s11 cosu, indudina a reawnabk sttornep's ite, whether suit be brought or not, i~, atter matunty of this note or de(autt hcreunder~ or under uud mortgase, coumel ahall be empbred w ooUcct this note or to protect the xcurity o( uid u-ort6aac. Wherxver wed herein the temu "6older'•~ ••maker" and "p~)^a" thall bt conitn~ed in the sin6ulu or plural as tlu context mar require or sdmit. `) -//f ~ / ~ C~~..~!%~l:~tif~C. ~_'..... ...~-4~1..1~ :................(SEAL) Maka s Addreu QRVTL'l'E"' . PARKS~""~~' -•• --.......A..K .•--•....LY....I~~~~.!7."•••_-._..••--•••-•••.._(SEAL) LOUISE T. P R S 2196 Flanders Road, Port St. Lucie, (SEAL) Ft-----334~2 ......................~: ~------..._........----------~•--~----~-~---~-----......_..... .....---~~-----...---~--ilifr~~n , -c~ 60t)1(JJU PA6E~J ...-~----~~ .................. ~ ............•--•--••--•.--••• ................................................•-•--......--•.._.._... (SEAL)