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~ ~'o ~aue and to ~iotd l~e same, toget~er with fhe tene?nenli, herec~ifamenl~ and appurfe-
na?lces l{?ereto be~onging, an~ t~e rents, issues anc~ pro(ils thereo~, unto !~e mortgages, in jee simpje.
~ tf~e mortgagor couenants with !he neortgagee tho! tl?e mortgagor is lnde(ewibly seized of aaid ~
~qnc~ in ~ee simp~e; fha! t~e rrtorfgagor has gooc~ rig~t nnd lawlul nuthority to convey saic~ ~nnc~ as a~ore- ~
said; that ~{~e mortgugor wiI! mnke such /urtF~er asaurunces to pe~e~ct the Jee simple tttle to said land in the :
mortgagee as may rewonably be required: that tlte mo~tgago~ 1~ereby ~ul~y wnrrants tF~e fitle to sait~ Innd
and will defend the same against tF~e laurjul clnims of all penona w{~omsoever; and tF?nt satd Iand i~ (ree
and clear oj aI! encumbrances, except taxes accruing subsequent to December 31, 1985.
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V~ I1iW~s~ tha! i~ said mortgagor sha~l pay unfo saic{ mortgagee the certain promia-
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sory note he?eina~ter substnntially copied or identi(i¢d, to-wit: ~
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MOR7GAGE NOTE RAMCO FORM 61
~:s , 00~ . 00 De1Ray Beach , Flor~da
~ June 11 , ~66
FOR VALUE RECEIVED, the undenigned, (jointly and severally~ if more than one) promiu~ to pay to
HOWARD W. FQRRESTER ~ WILENE FORRESTER, his wife
, ot order~ in the manner hereinafter ~pec~ed,
:he principa! tum o! THREE Tl~OUSAND AND NO/100-------------------------------°------ /100 DOLLARS
3 S 000 . 00 ) witb int~rest lrom date at the rate o[ TEN per cent. per an~ium on the balance [rom time to time remainiag unpaid.
'I`hc ~aid principal snd intereit shaU be payable in lawtul money of the United States of America at 925 Todd Pre~s Dr. , ApC. Z404
~7Vllle, TN 3~221 or at such place as may here•a(t~r be dcsignated by writt~n notice from the hoider to the maker hereof, on
:t;r da!e and in the mannu foUowing:
Principal an@ interest due and payable in Four (4) quarterly consecutive
iastallments of $791.25, beginning September 9, 1986 and quarterly thereafter
until said principal and interest due thereon are paid in full. ~
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THE MAKER RESERVES THE RIGHT TO PREPAYMENT AT ANYTIM~ WITFiOUT PENALTY.
?his note with interest is ~ecured by a mortgage on rea! estate, of cven date herewith. made bv the maker hereof in lavor of the said
.=.;;e, and ~hal! be cocutrutd :nd entarced sccording eo the laws of the State o[ Ftorida. -
If de(ault be made in the paymeat of any o[ the tum~ or iaterat mentioned herein or in raid mortgage, o~ in the per[orcrunce o(
;~-,3 of tht agreementt COI1tSlAll~ tltftlp O~ lIl said mortgage~ then t}et entire principal tum snd acuued intesest shall at the option of the
'r::,;c;er hertof beeome at once due ind tolltttibk without ootict, timt being of the esutue; and ~aid priacipal ium and accrucd interett
:t;~11 iwth bear interest from such time until paid at the hiahat rate atiowabk under the laws oE ehe State ot FJorida. Failure to e:erciu
:s:~i optioa ~alt aot coattitute a waiver o! the risht to easrcue t6e ~ame in the cvent of any ~ubsequent deEaulG
Each penon liabk hereon whechv a~al~er or endoner~ hueby wsiva praentmeat, protwt, notice notice af pmtest aad noticc o[ di~•
4~~;r,~r snd sarees to }uy all cwn, induding s reasoasbk attorney't [a, whcther ~uit be brougbt or not~ i~~ after matunty of this note or detautt
.,.r.under, or under tsid mortga~e, coueue! ~haU be emp(oped to oolkct this noce or to protect t rity o[ uid mortgaae.
Whenever used herein the terau "hoWcr", "maker" and "parte" shat be 'e singulu s plural u ~hc context msy
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r~-,••irc or admit. ~ '
Maker i Addrcu \ , .......................•••~••••........................._.(SEAI.)
William . nahan
2787 SW 6th St. ' .........~.•~-•P~~~. ....(SEAL)
velray Beach, Fl 33445 BOOX V ~ P~Gf.....~-i.
(SEAL?
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