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, 30 ~iaue ~nd to ~toid Ihe same, together wifh the tenamenli, here~itnmsnts and appurte- {
nances iherefo be~onging, anc~ th~ ren[s, itsue~ anc~ pro~ita thereo~, unto t~e morfgaeee, in ~ee simple.
Iiliii fhe mortgagor covenanla with fhe rnortgagee lhat Ihe mortgago~ ia inc~eJeo~+bly selzed o( aaid
Iand tn /ee simple: thnt tl~e morfgngor hw good right nnd lawf uI nuthortty to convey sald land as ajore-
sai~; that t{~e mortgug~~r wi~~ ~ake 1~6 /~,.~he~ ~su~~e, to per(eet the /ee iimple title to ~ait~ Iarttl i~i !he
mortgagee as ma~ re~o??ably 6e required: thot t1?e mortgago~ here6y ~ully wcrranta i~?e Htle to satd land
and u~ill defend the snme ugainst ihe law/ul claims oj al~ persons wF~omaoever: and tl?at said land i~ /ree
and clear oJ aIl encumbwnces except t~XE:s aceruing subsequent t0 December
31, 1985.
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I ~V~ 11~W~s~ that if aceic~ morfgagor ahail pay unto said mortgagee the ce~tain promu-
~ sory note hereinn~ter subatnntia~~y copiec~ or iclentified, to-wif:
M047GAGE NOTE ' NAMGO ~ORM !3
Avoca M~~igan
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z 4, 500 .00 June o ~K ,~086
FUR VALL:E RECEI~'£D, thc undetsigned, (joir.tly and sc~~r~lly~ if more than onc) promises to ~+aj• to
MIKE CHARNEY , or order, in the manner hereina(ter sFeciEied,
the principai sum ot FOUR THOUSAND FIVE HUNDRED 3T1d NO-----~-------------- ~i'LARS
Q~~ 0 d. 0 0) witb ~4terest irom date at t6e rate of j Q~ Q Q per cenG per annum oa the balance (rom tune to time remainiag unpaid.
The sud principai and interest shall be payabk in lawiul money o! the United States o[ elmeriu at 11 Bernardo Ln. ~
POTC $t. Lucie ~ FL 3345~~~ such place as maq hen•af~rr br d~•sienated b~ writtcn notice (rom the holder to the maker hercof, on
the date and ia the manner foltowing:
PRINCIPAL AND I~NTEREST PAY3~LE IN THIRTY-SIX (36) CONSECUTIVE
MONTHLY PAYMENTS C)F $145.61 BE~INNING JLJNE 30, 1986 AND MONTHLY
THEREAFTER UNTIL FULL PRINCIPAI, BALANCE, TOGETHER WITH ACCRUED
INTEREST, IS PAID IN FULL.
MAKER RESERVES THE RIGHT TO PREPAY AT ANYTIME WITHOUT PENALTY.
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'Thia eote with interest is secured by a mortgage on nal estate, of even date herewich, made by the maker bereof in fs~•or of the aid
payre~ and shaU be cotntrued and enforced according to the lawi of tht Sute of Fbrids.
I[ detauit be made in the psymect of any of the aums or iatetest mtntioned heeein ar in taid mottgage, or in the pcdorm~nce o[
any ai t6c agreemenu oonuined hurin or ue said mortgase. then tl~e entire prinripsl zum aad accr:?ed interest Ehall st the cpcion of the
holder hereof become st once due and coUectibk withoue notice, time being of the euence; snd safid principal sum and accrved interes3
shall both bear iotenst from mch time until paid at the bi8best rate aliowabie usdcr the laws of the Ststc ot Fbrida. Fai:ure to cxercix
thia option thall not wnititute s waiver of the nght to excrciu the iame ir? tbe event of sny subrequent defnult
Each penon litble bereon whether maker or endoraer~ huebr waives praencment, protat. notir.e notice ot protest and aotice of dir
honor and agrea to psY sU cwu, incfudina a reawnabk attoraey's fee, whet!?er :uit be brought or noy i~, after macw~ty of this noc• or detault
hereunder, or under said monqage~ couaxl ahall be empbyed to coUett thii note or to procect the ~ecuricy of ssid ~rtgaqe.
Khenever u~td hcrein the term~ "holdrr", "maker" and "p~yee" ~hall construed ' e singulu or plural as the context may
reqaire or admit. ~ '
M~ker'• Addreu •..........-•--.....•---•-......._..(SEAL}
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Lero Bauer
7067 Cribbins Road . ......_.......----.....~seAL>
Avoca, Michigan 46t}06
..R... . .........................(SEAL!
......._....._..._....~~C~ P~GE'---- -
( SEAL )
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