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HomeMy WebLinkAbout0961 i ~'o ~e nnd to ~iold I~e tame, togethe~ wifh Iha tenent~nts, herodllamenis and appurle- nances l1~e?e!o be~onging, an~ fhe renls, tasuea and pro~ifs lheroo~, unlo li~e morfgage~. tn ~ee simple. ~ thv mortgagor covenants w!!1~ the morfgagee lhat fl~e mortgagor la inde~eculb~y aeized o~ sald land itt f ee simp~e; that !he mortgagor has good ~1ght and ~awf u~ authority to conuey taid ~and ai a~ore- aaid; t~ea! f~e mortga9or will mnke :uch jurthe~ wsurances to per(PCt the /ee ~imple tltle !o said land tn the mortgagee as may reasona6ly be requtred: tf~at the mortgagor here6y /ully warranta fF~e title to iald land und will de~end the aame ngainat the !aw/ul claima o~ all pertoru who??uosver; and tkat ~aid land is /?ee and clear o( al! encum6rancea ; sub3ect to restrictions, reservations and easements; ~ of record, zoning ordinances, if any; and taxes accruing subsequent to December 31, 1986 . ~~V~~ ~s~ t~a! ij satt~ rno?tgagor pny untu satd mortgagee the certain promia- sory note ~ereina(ter au6~tantially coptec~ or td~nti~ted, to-wi1: MORTOAO[ NOTt = 4,000.00 - Port St. Lucie . Florida Aecember ~~p • 19 86 FOR VALUE RECEIVED~ tAe uader~isned. (joiat'ry and ~evenlly, if more than one) promues w pay to ALBERT ~l. HAYNIE and RUTH E. HAYNIE, his wife ~ ~ or ader. ia tbe nunaer baeinatter ipecii'sed~ ~ p~v~1i~ ~OUR THOUSAND and NO---------------------------------------------~t00 DOLLARS (i 4, 000.00 ) wit!? interat (rom dats st the rate ot 11.OOx P~r cen~ pu sanum oa the bslsnce lcae tirae eo drne reinsinias uepaid. T6e wd principal'and iatstat thap be psbk fa lawful mone~r ot tbe United Ststa o( Americs at 2070 S. E. West Dunbro~~~ Cir. ~ Port St. Lucie,~'~~~~ce u may hcrcatte~ be d~si6nated by writun no~ice from tbe bolder w tl~e maker btreof. on the date and ia the manaer folbwiag: PRINCIPAL AND INTEREST PAYABLE IN MONTHLY INSTALLMENTS OF ONE HUNDRED THIRTY and 96/100 ~ (~130.96) DOLLARS BEGINNING THE ~1o DAY OF JANUARY, A. D. 1987; AND CONTINUING THEREAFTER ~ ON THE ~ DAY OF EACA AND EVERY MONTH UNTIL PAID IN FULL. C This Note may be prepaid at a~ny time without penalty in part or whole T6u note witA interat a tetured b~ i enortRal~c on reil ewu. of even date berewith, made b~r ehe tnaker bereot it~ favor oi the tsid - WYce. aad ahaU be con~ttued and enlorad ucordina eo the law~ ot ttu 3taee of Fbsida. Tbs terms oE raid a4oct;~e are bp tl~is releraue erude • part l~ereot. If default be made in tl~eps ~eat ot aar, ot ehe ~um~ or interest eaentioned herein oa in aid nw~a6e. ar in tbe pcrtormance ot anr ot the s~reemenu contaie?ed IKreie ar in ~aid ayortsaae, tlu~ tbe eatire principsl ~n u~d aas~+ed ia~ thall at tbe option aE the hoWer lureo[ reeome at oace due aod ool{ectibk witl~t ootia. time bcina oE tbe e~ena; aod aid wm aad ucrued incene~t il?ail both bsu inten~t tran ~uc6 tune unal paid :t tbe bishen n.ce albv+abk uoder the 4wr af ti?e ate oE Fbeida. Failure to eurci:e thia uptiop ~haU not coauitute a Mraiver ot tbe risbt to e:erwe tbe tsase in the event oE aap abrequtat dd~ult Each penon liabk hereoa w6etha maker or endorser, huebp vraiva pcheatmen~ proten,not~e, notiee a[ pcotest aad aotice ot dir honor snd asrec~ to par sll oow. IACIYdlfl6 1 ITi1011i1~~ ittOtR~~~ whsther ~uit be brou~ht a~ uet~ it~ a[ter maturit~ o~ tlus nots or de(ault hereunda, or under ssid mortp~, cou,uel ~ha1! be emp{oyed co oolket tlw noee o~ eo protect ehe ~ecusiq of aid moctaaae. . Whenrver wed baein the tsrms 'boWer", "maker' and "Wred' iball ooa~vued the eoate:t may ~equire or admit. I ~Lslcer's Addrcu ..................(SEAL) • • .......................(SEAL) . t~' ~ . 4~..i~.4~..4.. e?~ .~~.A?.~~-~+~4 . . .(SEAL) , QOt~ S'~ 1.uC~~, ~3~lSoZ , ~ ~ .~sE~?L, ~ ~~5~~ I~0l40 _ _ s . _ _ _ - - ~ . _ . . _ , _.~,~y._ _