HomeMy WebLinkAbout0948 ~
(I i ~
~I 30 ~tnue ~nd to ~otd i{~o same, iogether wiff? t~?e teriemenfs, herec~ifaments anc~ appurle- ~
IlA/1CPS !{~Prelo he~on~infl, an~ 1{~~ rents, isstees anc~ profifs thereol, unto 1{ie rrzortgapee, in tee simp~t~. ~
Iin~ I~~e morl{~ac~or couent~nfs ~uil~~ !he mortfla~ee 1{~ut (tie mort~agor is inc~e(easi~~y seizec~ o( saic~
~and in fee simple; that ll~e mortpapor haa good ripht and ~awjul nutl~ority to coni~ey saic~ Iand as a~ore- ~
~ sni~~: Ihat t'~e mort~~a~?or tvi~~ make such Jurf~ier assurances to perlPCf t~~e (Pe simple lille to saic{ land in the ~
mort~u<~ee as mny reasonably be roquired: tf~at (he mortgagor he?e6y fuRy warrants fhe title to saicj ~an ~
~ ~
and u~itl de(end the snme apairist the IawJul claims of aIl persons cvl~orreaoee~er; ared that aaid land is /ree ;
and clenr o/ nll encum~~rances EXCEPT TAX~S ACCRUING SUBSEQUENT TO DECEI~IBER 31, 1986 , ( `
, ~
I
i
,
~
i
~
~ ~i
i! ; ~
i
!
~
~ _
~
~ :
~i ~
f' ~ ~
~
~ - ,
i ~rou~ded ~tways, that i~ said mortgagor ahal[ pay unto aaid mortgngee !~e certain promis- !
~ sory note hereinnfler au~sfnntia~ly copiec~ or ic~entifiec~, to-wit: ~
i ~
MORTaAAt MCT~ RAiiCO 1'011M ~
= 2~8~~.~0 ~e CL.i ~t ~--uc ~t-- ~ Florida
December , ~9 86
FOR VALUE RECEIVED, the undenigned~ (joiotly and uverally~ if more than one} promiset to pay to
ANTHONY TESORIERO and MICHAEL TESORIERO
, or order~ in the mznner hereinafter ~peciticd,
the principal tum of TWO THOUSAiYD EIGHT HUNDRED and NO---------------------------~---t100 DOLLARS
2,8Q0.00 ~ With intenst from date at the rate o( 9.00 p~r tcnt. pu annum on the balance trom time to time remaining unpaid.
The taid principal and irttereat ihaU be payable in lawful money o( the Unieed Stata ot America at 3132 SE Morningside BZV(~ .
P~rt St33~~r~ie, FL or at such place as may herea(ter be designated by written notice from the holde~ to the maker hereo[, on
the date snd in the manner tollowing:
BOTH PRINCIPAL ANb INTEREST DUE AND PAYABLE IN FORTY-EIGHT (48)
CONSECUTIVE MONTHLY INSTALLMENTS OF $69.68 BEGINNING FEBRUARY
1, 1987 AND MONTHLY THEREAFTER UNTIL FULL PRINCIPAI, BALANCE,
TOGETHER WITH INTEREST, IS PAID IN FULL.
~~IAICER RESERVES TH~ RIGHT TO PREPAY AT ANYTIME WITHOUT PENALTY.
!
'Thia note with intcrat i~ ucured by a mortgage on real eitate, of even date herewith. made by the maker hereof in favor of the :aid ~
payee, and ~hal! be corutrued and en[orced according to the law: ot the State of Florida.
- I[ detault be made in the payment of any o[ the ~um~ or interest mentiontd herein or in taid mortgage, or in the p~elormance of
sny o( tbe agreemenb contained herein or in uid mortgage, then the entire principal wm aad acctued intere~t thall at the option of the
~ holder berest become at once due and collectible without notice, time being oE the euence; and aid principal ium and accrued interc~t
~hall both bear interest (rom tuch time until paid at the 6ighest nte aUowable under the lawi of the State of Florids_ Failure to exercise
~ thu option thall not torutitute a wsiver of the right to eaerci~e the tame in the event ot any iubuquent default.
Each pe~son liable hereon whether makes or endorser, hereby waivei prettntment, proteit, notice notice o( protat and notice of dis•
honor and sgreea to pay all costs, including a rcawnable attorney'i fee, whether wit be brought or not, i~, aEter maturity of this note or default
henunder. or undu ~aid mortgage, counal ~hatf be employed to collert thia note or to protect the ~ecurity o( said moregage.
t
Whenever uicd herein the termi "hotder", "maker" and "p~yee" ihall be corutrued in the singular or piur:l as the conteat may
~ require or admit. PORT ST. LUCIE DEVELOP~IENT CORPORATIOR
~ ......................................................................................................(SEAL)
Maker's Addreu
. ~j~~
~ 2177 E, 21st Street APt 202 $Y,
~ - Brooklyn, NY ~ ~ ZZ9 .........../~~"•"_•J•••••... ............._...................(SEAL)
~
' ........................................................................................(SEALj .
~
SEAL
~ BK0526 PI~0943 ~ ,
~ _
~ _