HomeMy WebLinkAbout0985 .e
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1~ ni~llt ~ l~ TW~ 1~~ ~ame, t~rl{~er with itie lenemenis, tieredilamsnls ond appurt~~ +
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~ nances f~~Preto ~r~ungi~ig. anr~ I~P MIIIt. issues ana profiis Ihe?po~. unto ihe ?nottgagtt. in lee il~np~~. (
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fhe morlgagor covenants wtih ~he ~o~~9a9~ lhat !I?e +nortg4gw ts indeJeast6lr seised o~ snid ~
;j lond in /Pp simple; that tl~e morlgagor hw good right and law(ul aull?o?itr eo co~uey sa~d l~d ns aJon-
~ saic~: fhat t{~e morfflagor u~i~j make aucl~ Jurt~er assumnces to pe~ect !he ~~e sJmple ttlls !o snid Ia~d in the
morf~a~en us may reasona6ly 6e required: thnt fhe mortgagor keroby ~ully wn~sunts the tttle to :atd la.~d
unri ~ril! dpJend th~ same aaai?ut the IawJul c[nims oJ all persons whomsoever; ond thnt satd Innd is /ree
and ~Ipn. oJ ~tt ~r~r~~mhrances except easements, restrictions and reservations
of record; to land use regulations in force and effect; to taxes
accruing after December 31, 1982; and to a first mortgage to FIRST
~ NATIONAL BANK AND TRUST COMPANY OF STUART recorded in O.R. Book 280,~
page 1164, St. Lucie County, Florida, public records. ~
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~rouided ~lways, that i( said morlgngor shall pny unto saic~ mortgagee fhe cerinin ptomis-
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sory nofe hereina~ter su6stantia~~y copiec~ or iclenti~iee{, to-wit:
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o., . , v.~,c~, •+o,.rny Int~ilie~wp~W~r~s• Mcb0~/1 SEMINOLE FORM )
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i 5 85,500.00 v~ Jensen Beact~onda September 83
1 iU~ ~Ailfi ~ECE1VfD the undersigr.eJ promise_ tc par ~o tfie order of
~ COLSON REAL ESTATE, INC., a Florida corporation,--P~_0~_dox-367,~-+-
Jensen IIeach, Fla 3345
EIGHTY-FIVE THOUSAND FIVE HUNDRED-- '
` r., ~,;,~,c ..,i ..:m ot .
15 date
h.•r ^ v.t ~~•:r r~,.•reon .~1 N:c .it; of per cent per ar:num lrom
I n: ;r ~:~oal iz i:~!~.rest beiR} payable in l~wful Money of ih~ Umte~ Slates. such pnnc~pat s~m and iMe~eit payab'e m~n,~,~F~..~.nts ,~s t-,i~.. •
' In equal monthly payments of $1,196.65 each beginning on the 34th
day October, 1983, and continuing on the same day of each and every month
thereafter ( or on the last day o£ any month which has less than 30 days).
until September 30, 1998, at which time the entire remaining principal
balance plus accrued interest shall be due and payable.
Right of prepayment in full or in part at any time is exoressly
reserved. ~
~ S,r: .n•r ~~~~+~nt ; aymer.ti shall be applied fiisf to the interesf accru~ng under the terms of thn ~•ote and th i lo a reducnon oF rhe p,~nc Da~ ~~deb'eanets
~ i~ r T. 3 i e•- ?:+rsE~ri of !h:; note (urlher a9ree to wa~ve derrand. ~o?~cc o) non-paymeM and prolest, a~d ~n fhe evenf su•t sh,all b.~ breug!+~ t^~ !n~
~c~~~ <<~o: (_:~.e ~~n^•e has to he~~lected upon demand o( an attesney, to pay ~easonable atlorney's (eei ior mat~ng such co~~ec^o~ A'~~ p~:^~e~is he~~•
~ rc~ h., .~r •he r.~t~• of perc~M per annum from rrafun~y unld pa~d. Th~s nofe n seturcd by 0 m, rlg~gr of avea urc tierew~~F. and ~s t~
~ oe cc•.s•~ ••'~•:~e± acc:,r~,ng tp ~F.e law~ of Ihe Sfate of Florida: ~~on defaub ~n Ihe payment of pnqc:~l and+w ~nleresi y.her. '}J@. f~C 'h~~le wm of
~ D'~C[ "'sm.t:n~n~ ~mpd~C~ shati. at rhe ophon of the hotders, occome imrned~arely ~ and payable. fa~f,~c lo ex^rc~~e ~h~i ~p+.on s~~C nor cc~,nr;~'c
~ „v, ~ , ~ . , e.rn ~se t~~e .ame ~n the eveM o ieq~~e~~ •.ic~aulL ~ ~ ! .
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A~HAN ~INK ,
- SE AL'
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