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HomeMy WebLinkAbout0917 ~ ~o i~we nttd to ~otd !~e some, foget~er wtlh Ihe tenement~, her~ditamenfr and appwfe- nances lhere(o ~elong~nfl, and the rer+t:, t~tues an~I proflfs If~ereo~, unto the mortgagee, ln ~ee atmple. , ~ Ihe mortgagor covenanfs wtth the morlgagee fhat the mo?tgagor !a tndejeasi6[y seizec~ oJ satd ~a»~ in ~ee simp~e; t~at !he mortgagor has ~ood Hght a,~d Iaw~ul aufhority to convey, saic~ land as afore- saic~: tf~af Ihe mortgaflor u~i!! make such /url~er us~urancea lo pe~JPCt (he jee aimple ttlle (o saic~ land tn fhe ~ mort~af~ee as may reasonably be required; Iha! t1~e mortgagor hereby /ully wanants fhe t1tIe to aatd land an~! ~vill r[e)end tf~e sarree a~oinst the Iawjul clatrns o~ aIl peraons whomaoever; and 11~at satd land is jree + ared cl~ar oJ all encum6rances, except taxes accruing subsequent to December 31, 1986 an j a mortgage recorded in O. R. Book 298, Page 1549 of the Public Records of St. Luc j County, Florida. ~ t~ - ~ i If~ , i - f ~ I i ~ . '~7 ~~Vj~ ~iwnys, t~at if aaid mortgagor shail pay unto sata~ rrtortgagee t~e certaln promis- • 4~ sory note herelna~ter ~u~?sfanflally copted or identi~ted, to-wit: MORTOAOE NOT[ RAMGO FORM i~ i 8,389.18 Port St. I.ucie ~ Florida lune 3 , 1987 FOR VALUE RECEtVED~ the uade»igned, (joiatly and se.eraity~ it more than one) ptomisa to pay to RILEY BREWER ~ AOROTIiY BRE~dER, his wife , or order~ ia the manr+er hereiasfter specified, ~ - , : ' the principa! ~um of EIGHT THOUSAND THREE HUNDRED EIGHTY NINE APID 18/lUQ-------------f100 DOI.LARS ~ > `(i 8,389.18 ) wit6 iaterut [roan date at the nte of NINE per cent. per annum oa ehe balanct tmm wne to time reaaaining uapaid. 7'he ~aid principal and intenst ~lt be payabk iA 4wful moaey ot the United States of Am~riu st . - or at such place u may hercatter be designated by written notice from ehe holder to the mak~r hereof, on the date snd in thc manner tolbwing: ~ ~ t Principal and intezest due and payable in Forty-Eight (48) consecutive monthly installments of $208.77, beginning July 3, 1987 and monthly thereafter until said principal and interest due thereon are paid in fu11. ~ The maker reserves the right Co prepayment at anytime without penalty. a ~ ? ; ; This note with intesest u secured bY a monaage on real atata~ of even date herewith, made br the maker henoi in favor of the uid payee. aad ihaU bt construed and rnforced according W the taws oE che State o[ Fbrida. It detsult be msde in the yaieat of any of tbe ~ums or iaterat mentioned herein or in said mortsage, or in the pedormance of Yp any oE the s~eements toataiaed exm or ia ~sid mort~age, thea the entire priacipst wna and accrued interest a6all at t6e option ot the hoWer hereof betome at once due sad aoikcubk without nocia~ time be'u~g o( the esance; aad aid Priacipal tum and sccrued intercit •halt both bear intere:t from iueh wne unW paid st the hishat cste allowsbk unda the 4vw oI eht 5tate ot Fbrida. Failure to exercise t!?is option s6a1! aot tomtitute s wtives ot t}u »sbt to execci~e the wne in the event of any wb~equent defautc. E~th peran liabk hereon whether ataktr or rndoner, herebp waives presenaaeot~ protest, notiee notice of pmtest and aatiu ot dis~ hocwr and aarea to psy ap cosu, inctudins a ~+eason~k attorney's tee, whether suit be brouaht or aot, i{~ after maturity of this ~wte or defautt licreunder~ or undu said mortgaae, counul ~hslt be emplored to oolkct tbis aote or w proeect ehe aecurity o[ ~aed mort~~e. Wheneve~ used herrin tbe urms "holder", "maker" and "payee" ~hall be eon~ttutd in the singulu ot plunl u the context mar rcquire or admit. Mater's Addrest . ,,,,~~,,,,,~~„~y~~~~..~ ......................................(SEAI.) Mohamad Hamdan 771 So1az Avenue Por S cie, FL ..................(SEAL) 3 ........_...t.....t....L~ ........................33452........................................... ................~..........60QK.~~..PItGF....~~~....................~SEAL) i ~ ...................................................................._...........................~.~aa~t.~ ~ i `r r ~