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HomeMy WebLinkAbout0998 !6e iamo, iogNher wlth tht t~n~m~'nti, 1~~~~i~~nb sn~~pppurte- nancei Ihersto 6alonging, and Ih• renta, iuuer and projtt~ ~ Ihsroo/, cu~to Il~s mortgage~, tn (se atmple. ~ the mortgagor covenants wifh i~e mortgapee thnt the moNgago~ t. lnde%a,+6ly seizecl o~ iatd lanc~ tn (ee almp~e: Ihat fhe mortgagon c~u good ?tgtit and law/u! autho~r~y to convey satd ~and as alore- saic{: ihat the mortgago~ will ma~e iuch /urt~er ai:urancer !o per/ec! the /ee ~tmple title to ~aid Iand tn the morlga~ee as may rewonably be required; t1~at tF~e rnortgagor hare6y /ully warranta the tltle to aaid land anc~ wlll deJend 1he aame agat?ut t~e law/uI clatma o/ all penons whonuoeve~; and Ihat ~atd bnd t, (ree and clear oj all gncum6rancea except taxes acaruing subsequent to December 31, 1986. ~ . ~ I . ~~`{~i~ ~W~s~ fhnt !f said mortgagor ahall pny unto satd mortgagee fhe certatn promir- sory note ~ieratna~tar tu6atantia~~y copiecl or tdentt~iecl, to-wit: _ ~ - NOQTOAO.: NOTt IlAMCO FORM 6s ~ 20,000.00 8ort St. LuCie 'F~a ~ ~ 19 FOR VALUE RBCEIVBD~ the undenigned, (joiatlr and ieveratty, iE usora than one) promii i~toeWr to~ 87 CARL M. N.OLLER and BARBARA P. MOLLER, his wife ~ or o~kr~ !n tbe manoer 6aeiaJter ~pec3fied, the prindp.l swn ot TWENTY THOUSAND and NO---------------------------------------- 1100 DOLI.ARS (i 20.000. 00 ) with intcrat t~an date at the nte o[ 9. 00 P~r cen~ per aanum oa ehe b~lanoe lrom ttme to ttme remsininB ~oP~• 'I7se tiid ptincipa] ~nd Intetat ~l?aU be payable tn 1aw[a1 moneY of the United Suta ~ Amerita at 151 S. Fox Road, Sterlinq, Vfrqinia 22170 or at tuch place as may hercatter be dcsiaaated by written not~ce Irom the hokkr to tbe makrr hereo(, on the d~te and ia the manaer [ollawir?a: BOTH PRINCIPAL AND INTEREST DUE AND PAYABLB IN FIFTY-NINS (59) CONSECUTIVB MONTHLY INSTALLMENTS OF $179.95 BEGINNING JULY 5, 1987 AND MONTHLY THERBAFTER UP TO AND INCLUDING .MAY 5, 1992. ON JUNE 5, 1992, THE RBHAINII~G PRINCIPAL TOGETHER WITH ZNTEREST WILL BE DUE AND PAYABLE. MARER RESERVES THE RIGHT TO PREPAY AT ANYTIME WITKOUT PENALZ`Y. wyK~ ~at~}ujj be on~iro~d ind entoced ac ording to the~la~w~ o[ih~S~te o[ Fbnda~. eh. made by the maker hereoE in [avor of ehe ~aid IL default be made in the • payment o[ any oI the ~ur~u or iaterat auentioaed herein or in ~aid nwrtga6e, or in the performance o[ any o[ the a~rcemcnu oontained herein or in ssid awrtaase, then tbe ~~tire P~~P~ ~ a~~ ~urat rhall at the aptioA oE the holder hereo( become at once due and wllectibk without notict, dme be~r~ ~ tbe taente: and sud prinuP~ ~ecrucd intenst ahaU both bear intereat from tud~ time until paid st the highat nce albwabk under the l~w~ oE tbe State ot Fbrida. Failure to e~cetti~e thii option ~haU not cocdtitute a aaiver of the nght to exerelie the aune lu tbe cveat of anr a'bKque°t ~cf~We. Each penon 1i~ble 6ereon w6ether maker or endor~er, hereby wsh~a praentmt~t, Protat. notta p°ue~ p?~~ ~°Oi~~ °E dir honor snd aaras to paz all cosb, includins a ressonabk attorRey't fee whether tuit be btm~ght or rat, i~. atter raatunt~r of this noce or default hereuadu, or under a~d mortgage, oounsel ~hall, be employed to, col~ect this Aote or to protect the_!e~!ritf ot aid awrtsaae. Whenever uud herein the umu "holder ~'makec' and psyee sh}U'be oouri ed jQ •tTie d ~ un~ s~ the ~ontext m~~ require or .dmit. ' ' ....................(SEAI.) Maker'~ Addrea n c .....i. 0 ...(SEA ) i 720 Kinqston Street Nw , n~'.. . , i Port St. Lucie, FL 33452 i .(SEAL) ~ .d~~~.. .(SEAL) C_e ~ ~ r..___ _ . _ _ _ ~ _ _ _ _ _ , _