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HomeMy WebLinkAbout0974 ! ~t ' f~ . , L t~ ~ 1 _ TO Have a11d to HOId the sume. together with tha tenementa. bereditamenta and appurtenancee thereto belonging,~and the renta. i~sues and profit~ thereof~ unto the mortgagee. in tee sImple. 1' ADd the mortgagor covenants wtth the mortgagee t.he?t the mortgagor Ie indefe~sibfy ~e~sed o! utid land in fee almple; that the mortgagor hag good ri~ht e~ad leiarful authdrlty to convey aaid land u~foresald; that tbe iaottgngor ~yiU m~lce auch further a~eursocee to pedect ths fee siuaple tttle to asid l~nd in the mortgegea as _ mey reasoneibty be required; that the mort`agor hereby tully warrsnta the title to ~sid land and wil! defend the aame againat the lawt~l claime of ell peraona whomsoaver, and that aaid land i~ free and clear of all encumbrances ~~~Q; for tl~ .year 19£3"l. ~ Prnvided Always, that if said mortgagor shall pay unto said mortgagee the certain promiasory note hereinafter substantially copied or identified. to-wi~ : _ _ - -----s INSTALLM6NT NOTE RAMCO FORM 52 . No ~-5~-0p0~0A~- ~ : - ; ~ Pnrt- St _ Lucie , FLORIDA~ June 30. 19 87 `z t. ~ For value received, I or wc, jointly and severally, promise to pay to the ordcr of ` ~ Harold C. Sheldon and Lulu C. Sheldon 1450 S.W. Albatross Way palm City . ~ LORIDA 33490 ~ . _ ' ; Five thot~Aand ~nd-------- -00~100 DOLLARS a~ same as above , Florida, in S9 - monlhly instal{mcnts of ~ 101.38 each, and one installment of ~ 103.05 ~ the firat installinent to become due and payable on or bcfore thc ~~h day of Julv 19 87, and onc instatlmcnt to bccome duc and payable on or before the_~Ch.. day of each succeeding month until the whole of said indebtcdness is paid, with interest Irom 6/34/87 ~t thc ratc of 8X pcr annum. It any instailment of this note is not paid at the time `and place specilied, the entire amount unpaid ahall be duc and payable at thc clcction o[ the holden c~rco[. All panies hercto, whethcr makcrs, cndorscrs, suretics, fiuarantors, or otherwise, hereby waive demand, noticc and protest. If placed in the f~ands of as? attorney [or collcction, we jointly and scvcrally agrec to.pay rcasonable accorney's fces. No~ prepayment penalty, Florida documentary stamps have been affixed to the original mortgage securing this obligation and cancelled Duc 6/30/92 r~~~~ (SEAL) Address ofctor H. Spencer . Teteptwac No. ~ (SEAL) Carmen . ptncer . ~ ~c - - - - - - .i . . , . . A . l . - ~ . - ~ ~oo~ . f - . - _ - =s~