HomeMy WebLinkAbout0320
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'' ~a ~iaue and to ~old ~
t~~~ xurn~, lugef~u•r u~il~~ I~u~ tenNmi•nls. I~~vr~~ilamrnta ~~ru~ upp~utr !
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,; nani•rs I~u~r~to ~~~~oru~in~~. an~~ f~u~ r~~nfs. issu~s unc~ pro~ils flu~n•u~. iu~to I~~e nwrtgugre. in fNe sim~~~r.
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~' 1Ln~ 1~~~ morfgaryor c•~~r~•nunls toil{~ f~~e morlga~ee l~~af f{~e mort~a4~or is inJe~E~usi~~~y seiz~~~ uJ suic~
land in (i~~• cimpl~•: tl~at 11~~ morlga,yor I~as goo~ ri~hl ari~ ~au,~ul authuritv to coni,ey saul lund us a~ure j
~ui~~; f~~af f~~~ mort~~~f~ur toil~ mu~e sucf~ jurfl~~r assuran~•es fo per~PCt ihe Jee simp~P tillc~ to sui~ ~artt~ in 1{ie
mort~iuc~~•~ ~s muy r<•asunal,lv be rnC,:iiretl: fhat the mort~agor {~ere6y (ully warrants the litlN tu said la~ed '
an~l u~i~~ ~~~ Pn~~ 1~~~ sam~ Q~AIfISi II1P ~uw tt~ c~aims o a~~ ~
j ~ ) ~ persons whomsoe~er: and t{~at said land is ~ree
'~ ant~ r~~~ar u( a(~ t•ncum~~r~nc•oc except taxes aCCTLllll~ subesquent to December 31 ~ I9g0.
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~rouided ~lw~ys, f{~ut i~ sai~ mortgagor sha« pay unto Jaid mortgagee fhp cerlain promis-
son not~ hereinn~ter su6stantia~Iy c-opi~d or idPnfi(ied, to-u~i::
1 70 ,O00 . l10 Port St . Luc i c,. .., c~o,,.,, ht~irch ] 9~ .~9 $1
.............. .... ...... ..
fOR VALUE RECEIVED ~hs urders~yned prwn~ses Io pay lo Ihe ader o(
I~ALI.I~CI: R. l~Itil; an~l JlIAN1~'~ It. KING, his wite
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tF.e Pnndpal wm ot ..SEt~FJ~I~I''. ~1(~USA:~1) and \0 100-------------.-_-_--._--------- o~~,a,s ts 70,000.00 -.
. . . ... ._~......._ ................................ .....
~oye~ne~ with interes- Ihereon frqn date, a! Ihe ra~F ~ none ...~, ~.~,,. ~, :.~RI~UJiI uN~l matur,ty, sa„! ~n!rrest
DC,nq ~+ivable
on fhe _ day 01
.~nd
3001 North Indian River
each r.~, bofh prmcioa) an~ ~•~re.es~ l+~~n9 pavable •n law(ul mooey o( tbe Uniled S~ates or ~Ii equ~va~ent, at
I)rivc, Fort Piercc, Fla. 33450
_ s~i~d e•~~~up.~l swn to be par.~hl,• or: ~h~~ ea~os ao~! in ~hr .~moun~s tp!•nhed beluw. to wit
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~40,0(1(l.Q(1 to be ~~aid ~11~ri1 10, 1981
~30,00~.00 to hc liaid ~ugust 20, 1981, or upon the date Sellers vacate the
premises under thi~ contract, ~hiche~~er shall accur sooner.
T1iis \ote shall r.~iture August 21i, 1981, or the clay after Seller~ vacate the
premises under tfiis contract, whichever shall occur sooner.
1'romisees, thcii~ heir~ :uul assigns agree that no default shall be declared
under this ~ote except that 60 days notice of default 1x gieren to Promisors.
~otice may bc oral or ir~ ~~riting. .
E.ch mai~ •.,nd ~~ndo~ser se.r.allv wa~.es demand. p~o~est and nw~ce d ms Iw~1y~)6~(m p•oteit and all r~u.~emea!s necesw~ lo hold e.xh ol
Ih•~rr L.~hl.~ dti ~;aie~ti .~r.) .~nd0•t^ri
..w ~.~~. ~...1 0...~....... 1: ~1,~. .~...< vrnfly a.vl uy~e~lly, In nay al! rnUt o4 fel~[lu~n ~M1u j.~ i __i~naN~ apl.vtiy~e /,.a ~n [aV 11v~ ~~n(anal o~
f .ya ' _
rF. ..,or,~ ~r .~n~ p.~,m.,nr ar+ Ihe p~:nc~~al or an~ ~o~red ~h~.eo~ ~s no~ p~d at the respec~~ve mah~r~lr the~~ol. w~n cau ~t becomes eecessary to pro~rct ~he
s~ curnv hercol whetfirr s~nt be bouqhf or not 121 g •
Th~t note ani'. ~~f~~rred ~nterc~paY'^enfs shall berr ~nterect al ~he rdte o1 _..... ?.°_ per cenl, per arnwm Irwn m.~tunty uMd pa~A
11~~s note n secu.ed b~ a 11"St _mwtgaye of even dare herew~th and n to be co~srrue~ and e~i,xced accord:~.~ to ~he Iaws ol ~be S1atr_ ~ Ibnda,
~po= o.d,e~d~ m f~ p,iyme~t p.~nt~D~a) sndlor ~nteresl due on any nole sccwed by sa~d Mor~9,~ge al~ noles so se~ured ~nd rem,,m:ng uopa~d shail forthw~~h
~ec .~nd ayable n th andrng their fenor
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!~p . ~.t is, (I~LI.~ ~ aw~s~Y~
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~ LeoA,Phili unibos .
' ~. ._.-~~.~.....~r~ . 'i1Cixl..~~~~ ~ LG.~.e°_,. ~~IL~~,~~, 1- ;Scd-;
Cha4~issa Irene Lotu~ibos
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