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~o ~iaue and to ~iotd tl~~ sum~, tu,yetl~i~r u~itli t{-e len~•m~nts, he-editamenls and nppaufe
nan~•i•s f~~~refo ~~~~on~~in~, an~~ Ihe r~•nfs, issues nrit~ pro~its f{iereo~, unfo /~~e m~rf~agee, in ~ee simp~e.
11n~ fl~~ morlqac~or co~~enants with fh~ morlga~Ye l~iat th~ mortga~or is in~e~easih~y seizee~ o( saic~
Iand in ~ee simpl~; ihat the mortgagor has yood right ~ru( Iau~~ul aulhorify to convey said land as a~ore
sni~~: tl~n. t{~p mor;gngor tvi~~ ma~re suc{~ Jurther assurances to perfect lI~P fee simp~e !it[e to said jnnd in !{-e
morl~ayee as may rt•uson~E~~y ~~e reyuirec~; t{~~t Ihe marfgrt~ur ~u~n~E~y ~u~~y tonrrants f{~e fit~~ fo saic~ lanc~
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arit~ c~i~ar o~ aII ~~ncttm~,ranci~s
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rou~ded ~llways~ f~iat i~ saic~ mortgagor sha~~ pay unto saicl mortflngee the certain promis-
sory• note hereinafter su6stantially copiec~ or identi~iec~, to-wil:
__ S~~qS _~,~ iVlort~ a~ e 1Vote Miami, Florida Mareh 9 , 1981
FOR Vt1LUE :tECEZVED the undersigned promises to pay to the order ot:
~4arie Mercadante
=:.e principal sunn of EiQht thousand two.hundred ninety-five and No/100------------ ~ollars.
Such principal sum payable as follows:
I:i c ULL ON OR BEFORE
September 9
198 2
The ~akers and endorsers of this note further agree to waive demand, aotice of
_:;~payment and protest, ar_d in the event sui~ shall be brought for the collection hereof, or
~:~. same has to be collected upon demand of an attorney, to pay reasonable attoraey's fees for
~~cing such collection. This note is secured by a mortgage ot even date herewith and is to
~e construed and enforced according to the laws of the State of Florida; upon default in the
~a.r;ent of prilcipal when due, the ahole sum of principal remaining,unpaid sha11, at the op-
-~~n of the holders, beco~e ismediately due and payable. Failure ta ex~rcise this option shall
::~r constitute a~aaiver of the right to exer~ise the sa~ue in the event of subsequent default.
- : -_:~3LE aT: GE~EBaI. ~EVELOP~vT CORPORaTION
,: ;:~ ::ood, P.O.Box 69, Paisley, FL 32767 E ~~ ~~
Y ~ ; au ~
Sr. Vice President
(Corporate Seal) ~ttest: '
~ssistant e " ~tary
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