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HomeMy WebLinkAbout0981 • 1 - - - _ . - - - __,.i_ _ a..~_..y... ~0 ~~iiV~ ~ LO IW1Y !~e iame, fogethsr iu1f~ th~ l~n~nwnla. hw~itnmsnb' ~ np~urte- nancea f'~erelo be~onging, and 1/~e tenls, taauea anc~ pro~tts f{~~svo~, unto !~u ntortgop~s, tn ~e~ almp~e. T11Ni fhe mortgagor rn~~ennnb wifh the mo~tgogw l~wt t~ mortgupor is lrtd~~~ib~y ~fj~ o~ taid ~nd In ~ee eimpje; f/~at f~e mortBaB~ 9~ ?{9/~t und ~aw~u~ autho?~ty to conusp snitl la?uj ni a~or+e- said; rhat ~he mortgugor wi~~ mahe tuch (urtlw~ asaurances to pe~ect t~e ~e~ atn~p~t tIt~e !o aald ~and in t~e mortgagee as may rensona6ly be requirod; ehat tl~e mortgueor h...by /ully wamnb !~e til~e to aald jand and wtll de%nd the same agairut Iho Iawjul claims o/ al~ p~nons whomaoetM; w~d tT~at wid lnnd ir j~w and ~I~~ o/ oil encumbmncei except taxes accruing subsequent to December 31, 1980. . ~ , ~ ' ~V~ T1iW~s~ f~nt i~ satd nartpapor i~uu pay unto safd mortgagea the certoin promtt- ~ sory note heretnn~ter substuntinl~y copl~ or tdanttft~~ to-~vit; MORT6AOE NOT[ RAMCO rORA~ N s 10,00~.00 rort pierce~ Florida October , i9 $1 FOR VALL'E RECEIVED, the undenigned, (jointly and severally, if more than one) promises to pay to Williar.m L. Peters.on and Edith M. Peterson; Yis Wife , or order~ in the manner hereinaJter apeci[ied~ che principsl ium ot Ten Thousand and No/100------------------------------t100 DOLLARS 1~ , QQQ . QQ with intenst from date at the nte oi 12% per cent. per annum on the balanc/e ~from time w tia~e remaiaiag unpaid. The uud principal and int~re~st~,,t~h~a,U ~be, ptyable~~a~ul moaey of the United Stata oE America at ivC ~Ol c~'~ ~'"'i ai su`~h ptace as may h~reafter be designaced by written notice !rom the ho?der to the malcer hercof~ on - cat date and in the manner following: , ~~onthly installments in the amount of $143.48 with first payment to comomence ' November 23, 1981 with final payment due October 23, 1991. ~ , ; ~ THIS NOTE MAYBE PREPAID IN FULL t?R PRRT tJITH NO PENALTY. ~ . ~ ~ ~ Thi~ note with interest is ucured by a mortgaRe on real estate~ o( even date herewith. made bv the maker hereot in (avor o[ the uid vayee, and ahaU be constsued and entorced according to the law~ o[ the State o[ Fbrida. ~ ~ ~ I( default be made in thc payment of any o( thr suma or interest mentioned herein or in said mortgage, or in the performance of ~ any o: the agreemcnti contained herein or in said mortgage, then the ent'ue principal su~n and acuued interest shall at the option o[ the holder hereof txcome at once due and coUectibie without notice, time being of the euence; and uid principal tum and accrued intere:t iha11 both bear interest Erom such time until paid at tbe highut rate albyrable under the lawt of the State o( Fbrida. Failure to exercise this option thaU not constitute a waiver of the right to exe~cix the ume in the cvent ot any iubsequent dcfault. ~ Eich pcrwn liable hereon whether maker or endorur, hereby waives presentment, protat, notice notice of protest and notice ot dir ~ honor and agree~ to pay all cosu, including a reasonable attorney't fee, whether auit be brought or not, i~, after maturity of this note or dtfault hcreunder, or undu said mortgage, counsel ahall be empbyed to colkct this note or to protect the ucwity o( iaid mortqage. 3 Whtnever used herein the ternu "holdei'~ "maker" snd "payee" shall be conitru~d in the ungular or plura( as the tontext may ~ require or admit. " Makei s A~dd_r~e~~~ I s/ GEORGE J.. PFAFF (SEAL) ' . - GEC~RGE J . PFAFF R~ ~ ~ ~ SSC~ , ~ J s ELEA.'VOR J . _ . PFAFF ......................................~senL~ , --~st.~ E~EA ZOR J . PFA~`~` , Y~ ; ..(SEAL) n.~ BIlOKJVS PAGE cy0~..-.,......... ~ ---.._.................._............~sF~~> ~ ~ ' ~i- _ _ ~ a