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HomeMy WebLinkAbout0943 . , , ~'o ~ue and to ~lold f~e same, together wtth !he tenemenfi, heredttamenl~ and appurfe- nances fhereto be~ongi~fl, an~ fhe ?enfa, issues anc~ projlts Ihereo(, u~to !he mortgagee, in ~ee aimp~e. Ihe mor~gagor covenanls wlth the mort9agee that the mortgaeor ts inde~ecuibly aetzecl o/ aatd ~anc~ in ~ee simp~e; that t~e mortgagor {~as good ~igh1 a~d law(u~ autho~tty lo co~vey aatd land as a~ore- sala; tlin! Iha morfgagor wtll make auch /urlher asaurnnces fo per(ect the fee simple lille to iaicl Iuncl in the morlgapee as muy reasonably be requtred; thal t~e mortgagor I~ere6y ~ully wananfs the fttle to said Innd and u~ill de%nd the same agatnst the law~ul clatma o) nll persons whomsoever and that said la,~d t, Jree and clear o( all ~ncum6rancea except taxes subsequent to December 31, 1986. I i ~ n',,. ~~V~ 71LW~s~ tha! i~ aaid mortgagor shnll pay unto saic~ mortgagee the cerlaln promii- ~ aory note hereina~ter ~u~tantfally copie~ or identi(ted, !o-wtt: MORTOAGE NOTE 11AMC0 FORM 6~ = 4, 000 . 00 c~ Ps~ Fbrida APR I L a~ ~ t9 87 FOR VALUE RECEIVED~ the undersigned, (jointly and xverally, i( more than one) promisrt to pay to JOHN J. BETTENDORF • , or order, in ehe manner hereinatter ipecitied, che pr;ncipal .um ot Four Thousand and ------------------------------------------00 /t00 DOLLARS ~1, 000 . 00 ) with iaterat (rom date at ehe nu ot e i g h t per cent. per aanum on the balance trom time to time remainin6 uapaid. The ~aid principal and intereit ihaU be payable in Iswful money of the Unitcd Stata oE Amuica at 3739 NW 25th Street, H I am i, FL 33 t 42 or at such place as may hercaft~r be dciignateJ by written notice (rom the holder to th~ maker hereof, on the date and ia the manner tollowing: The said principal sum of Four Thousand Oollars ($4~000.00) together with interest thereon shall be due and payable, in full, one year from the date hereof. ~ v r ~ ~ € k ~ `s': ~ Thii note with interest is ucured bp a mortgage on real estate. of even date herewith, made bv the maker hereoE in favor of the uid payee~ snd thall be coruttued snd entorad according to the law~ of the Sate ot Fbrida. ~ ~ I( default be made in the paymeat ot any of the ~um~ or iaterat mentioned herein or in ~aid mortgage, or in the pcrformance ot any ot the a~reements contained herein or in uid mortgage, thsn t6t entire principal ~um and accrued interest thall at the option of the holder hereot become st once due aad colkctible without aotice~ time bein6 o[ the essence; and ~aid principal ium and accrued intercst shaU both bear iaterest from ~uch time until paid at the highat rate allowabk under the laws of tbe State ot Fbrida. Failure to exercix eL'u option ~hall cat constitute a waiver of the right to exeaiie the ~ame in the eveat of any ~ub~equent default. Each pe~an liable hereon whether maker or endoner, hereby waives preientment, protest~ notice notice o( protat and notice o( dir ~ honor aad a;rea to pay all coit~. including s reawnable attorney't [et whether suit be brought or not~ i~~ after matunty of thit note or de(ault hereuader. or undu uid mortgage~ comuel ~hall be empbyed to tol~tct this note or to protect the security ot ~sid anortgage. ~ Whenever used herein the urms "holder"~ "maker" and "ps~e" ihall be con~trued in the singular or pbral as the conte:t may ' require or ~dmit. . ~ M~ker's Addres, /5/ Marylyn B. Bowman ._~SEAL) MARYLYN B. 6041MAN (SEAL) BOOK~~~~~~ac~....9~........... .........................................................................._...........................(SEAL ~ . ( BLAL ) 11 .~,K__ . - . . . -