HomeMy WebLinkAbout0997 ~
I
I . i
~ itie san~~, fogrltier r+i11~ fti~ I~nsmeMi. ~e?t~lf6~enft anc~ appu?fe-
~~~r~ces 11~nrlo bc~~onging, anc~ Itie rents, lfiUlf A?1l~ /NOjIIi fk~reo~, unfo ftie moMgag~{ In f
tr sirinpk.
~ lho morfgagor co~~nanl~ u~t~k Ihs mortgnge~ !tin! 11~~ morfgagor is IRdPJeo,t6lr s~ised o~ said
~anc~ in ~ee timple: i1~at the mortgago~ hat good ?igkt a~d ~aw~u~ uuthority to eon~er ~ntd lond w o~on~-
saicl: fl~af 11~e morfgagor wi~~ ma~e sucl~ (tertl~er asturanes: fo per(~c! Itit ~te ~tmple till~ fo safcl Inntl in !h~
mo?tgagee as n~uy reasona6ly 6~ roquind: lhal lhe~ mort~agor kv?e6y jully wa?rant~ I?~~ titls to ,atd ta.~d
and wtll de%nd the same agatnst th~ law/u~ clalnu oj all penons whomsoe~er nnd that ~nid lnnd it )ne
a~d ~1~,. oJ al! encum6rancea except taxes accruing subsequent to December 31, 1982.
-
,
;
; .
~
• `
,
~
~
.
~~s~ fhat ij sntd moHgagor shaU pny unlo said n~ortgagee t~e cerfain promb-
sory nofp I~erpina~fe~ au~~fantio~~y copied or identi(ied, to-u~it:
_ _ ~ _ - - . - _
r.-'~, f4 Dn~aC~' h~~pM +~~cnn.?~r InsvG..~.b iw.r~N u~c4d~A~ . SEMINOLE FORM
~ - ll~lortgage No~e
I 5 51,000.00 . Vero Beach , F,a,da Novzmber 16, ~s 83
I FOR VAWE RECEIVED the u~ders~q~ej promises Ic paY to ?he order ol .
~ COMMERCIAL BANK OF VERO BEACH ~ ;
~ _ . _ _ _ _ _ . _ _
FIFTY-ONE.THOUSAND._.AND NO/100 f
~ ~-a pnnURal sum of. _ _ . _ _ . . . . . . . Dollan
i 2 _ ~
~ :e:r.rr with interest thereon st Iht rate d._....~3R............per cent per annum r~om November... ..198..3
~ +,t maturify, both prmrpa~ and inte?est bsinp payable in law(ul Money oF flr_ Umted States, such principal sum and inla~st paysble in in3tallments as (ollows~ ~
'~;nis note shall be due and payable in 59 equal monthly payments of $600.00 each, commencing {
i~ on Cecember 21, 1983 and continuing on the same day of each successive month thereafter, to- ~
`~~.ether with a BALLOON PAYMENT of $47,615.03, which shall be due and payable on November 21,
~ i ~~as.
~;ne Makers reserve the right to prepay in whole or in part any sums due hereunder without
; ~r~mium or penalty.
,
~ Such installment psymems shall be applied first to the interest accrwng under the ?erms of fhis note and ~hen to a reduc~~on o( the principal indeb~edness.
i
The makers and endorsers of fn~s nots fu:ther ag.ee ro warve demand, nonce of non-paymeM and protest, and in Ihe evsnf suit shall bs brouyhf tor the
e;~~on hereof, w fhe same has to ba coliected upon demand oi an attorney, to pav reasonaWe attwney's fees (or mak~nq such.collection. All payments herr ~
f _^_e• shatl bear inrerost at the rate oL_. iH~....percent per ann~m from matun~y unfl paid. Th~s note ~s secured bY a mwtga9e o( svsn dats herewith and ~s to
c,~strued and enioresd accord~n9 to the laws o( the Stare o1 Florida, ~pon default in Ihe payment of principal and?or interest when due, Ihe whole sum ol
.-c cal and m!erest remaininy unpaid shall. at the optmn oi the holaers, cecome ~mmediately due and payable. Failure lo exercise this op~ion shall not const~tute
i ~..a~vcr ot the r~gh} to exerciss Ihe same ~n fhe event o1 su~seauent ~e.`ault. "
~ ~:.,.~e a~ 60I - 21st Street (P. 0. Box 2767) . ~ _ _ • ; : ~ . . . _ _ ~sE~~~ ~
~ ! _ _ _ . _ .
` Vero Beach, Florida 32960 • . ~SEAI; ~ ~
_ _ . ~
~ ~ suc~ otAer place as shall be . . _ _ . . ISEAI) ~
~ ; es~9nated by the hotd~r d thu i
~ ~n w.~,~~ RE#656 340-825 135747 ...isE~u !
~ ! -
~
~
~ ~
~
~~.~:r ~i7 P,,E 9~~
~
- - ~ ~..~:M~ - -
~ -