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I T1AV~ ~`0 1W~~ Itie sance, logether with !~?s tenep~enla. I?eredltaments anc~ appurte-
iiances thereto ~,P~onging, an~ Ihe ;rn~s, ts~uea ancl pro~its thereo~, unto Itie mortg~~e, in ~ee timp~e.
n1~ f~~e m.:rfgagor covenanb wifh l.~e mortgngee ftiat the morfgayor is inde(ewt6~y seizec~ oJ aaid
~anc~ in fee simp~e; ltiat f{~e morfgagor ~as good right and law)u~ nut~o?ity to rnnvsy snIci ~and as nJore-
said: that t{~e morlpagor wi~l make such jurther asstuartces to per(e~ct the ~ee aimple tit~e to satcl ~artcl in t1?e
mo?t9agee as may rewona6ly 6e required: tF~at tf~e mortgagor here6y f ully warrants the ftile to aaid ~and
and will deJend the same a~ainst the Iawful cbimi o/ all persons whonuoeve~: and thnt said Iand is /ree j
and clear oj oIl encum6rances .
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! ~~(~~d~ ~iW~ys that i snid mort a or shall unto said mort a ee the certnin
j f f 9 9 PnY 9 9 Promis-
~ sory note F?ereina~ter substnntia~~y rnpied or identtf ied, to-u~it:
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THIS IS A BALLOON MOitTGAGE NOTE A~1D THE ~
FINAL PAYMENT OR THE BALANCE DUE UPON
MATURITY IS $21,555.21. TOGETHER WITH ;
ACCRUED INTERFST, IF ANY, ANL~ ALL ~
ADVANCEMENTS MADE BY THE MORTGAGEE UNDER
T.~E TERMS OF THE M4RTGAGE SECUFING
TNIS NOT~..
+sr~.t• wa~. f4 ~h~.cyM I~f~W r~4uMS b.uR.~~~r WwrY ~.c4bC! fEM~NOLE iORM :
1Vlort~a~e Note
~ s 25 , 000 . 00 o t St . LuC ie . ~i~~,da November 1, 19 84
f fpQ V,~~UE RECEIVED ~he u~deri~qnej p.om~se: ~c DaY ro the w0er of
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~ ELIZABETH GAINES
~ TWENTY FIVE THOUSAND and no 100--
~ ~'a c~ nucal sum ot ~
13. S Novenib.:r 1 19$4 Doilars
C ~o,ercrr w~rh ~n~erost ~hereor. at ~?,e rate of De~ cen~ ~r anrum Irom ~
~ ~++a~~~ay, bo~h prncipa~ and ~n~eres~ be~~~ Davable ~n lawful 'vtoney of rne U~~ts~ $lates, such pr,nc,pal sum ana ,nte~est parab~e m~nva'.~ments as (oliows
'Ihe payu~erits on this Note shall be ~mrtized wer a period of FIFI~I (15 ) years and
~ paymezits herean shali be made at the rate of $324.58 per month (which su~ includes
prin~igal az~d interest). Zhe first payment shall oe due cxi Decenber 1, 1984 and
gayments of $324.58 shall be due an rhe first day of each and every manth thereafter
for 50 consecutive manths. On Dece~e~r 1, 1989 (the 61st month) a BAt1A0N FINAL
PA~~tT st~all be due and payable in the amo~mt of $21, 555. 21.
There shall be a 15 day grace period ai each payment. .
Such ~nsralimene payrnems shall be ap~t~sd (~rsr to ths mteres~ accr,~ng unde~ the tsrms o: !his note and tnen to a red~uion ot ~he p.~nr.pal ~ndsbiedness
The makers and ~ndorsers of this nors (u~~har ay~ee ?o wa~~e cemar+d, no!~ce o( non•paymenr and p.otest, snd ~n Ihe event sw~ shall be brouyht tor tne
:cl,ecnon hereol, or rh~ same has ~o ba c Ilec}ea upon demand of a~ attorney, to pay reasonable at~orney's lees (or makmg such cailec~~on. AB paymenls here-
~~de~ sha11 bear ~nseres~ at tA~ ra!e o( 1~ •..5 pe.cent per anrum f•om ma~urty unlil pa~d. This note is tetured by s mortgape o( even Ca!e hersw+rh and ~s ro
be conirrued and ~nfarc~d accud~ny to ihe laws o( ih~ S~st~ ol Flar:da; upon deFaulF ii, ~h~ payment. of winc;pal ar.d!or ini~.esf when du~, th~ who~e sum of
~ ~:nc~pal s~ ~nt~resr rsma~niny unpa~d sna!I. sl 1h~ opr;on of tn~ hob~rs. oecom~ ~mrt~d~at~ly due and payabl~. h~lurs to ~xeedH th~s op~ian shail no1 coniNlu~~
a wa~.er o! +A~ .~yht to ~a~rcis~ tM sarrN ~n th~ ~ve~~ o( substfluent d~fault
~7is Note, or any portion THIS IS A BALLOON MORTGAi~E NOTE AiyD THE FINAL PAYMEr7T
[ :~_~ere~f, rnay be pre-paid QR TNE BALP.NCE DUE UPON iiATURITY 1S 521,555.21, TO-
~ any time without GETHER WITH ArCRUED II~ITEREST, IF ~'~N~i , AND ALL ADVANCE-
~er,alty, i~NTS MADE BY THE MORTGAGEE UNDER Tl-lE TERMS OF THE
~ MORTGAGE SECURING THIS PiOTE.
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~ ~arabl~.~ I339 Peppertree Trail #A
~ Ft . Pierce ~ Florida 334 50 . ~~~y~ . ;sf~~;
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