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HomeMy WebLinkAbout0979 ~i ~i ~ ~Kw~ 1W~ the aame, toget~er wilh the tenemereb, he?+e~lfaments and appurie- nances l~ereto belongrng, ar~a the re~b, tuues anc~ pro~lli !1?eroo~. nnfo the ~norrgag~e, tn ~s~ ~irnp~e. ~ Ibe mortgagor couenanta with t14e mortgcee~ Iliat thi ntorlgagor a tnd•~ea,ibiy ie~zed o/ ~aid [And in Jee stmpls; ~~at l1~e mortga9or har good r~ght and bw/uI authoritq !o convnr iatd land as ajo»- satd; that ihe mo~tgagor wt~~ make auch further aisunance~ to pe~i?ct Ihe ree ~imple tltle fo iai~1 Tarnd in tF~a moripaflee as may reasonably be requtred; ihnt the mortgagor ~ie?eby f ujly uranaRb the fif~e to ~aid Iand ancl will dejend !he aame againat t1~e bw/ul claima o/ alI peraona whoRUOever; and lhat iatd Innd ts jree and clear o/ aII encumbrancea EXCEPT fOr conditions, restrictions, reservations, limitativns and easements of record; applicable zoning ordinances, taxes and assessments for the year 1987 and subsequent vears. However, that reference tQ restrictions shall not o~erate to reimpose the same. ~ ~~V1~ ~~~s~ i/wt ff aatd mortgagor ahaU pay unto iatd mortgagee the certain promit- ; sory note~ereina~~er substantialiy copied or identi(ted, to-wU: Ot1e Note foY' $2,000, 15 year i ~ a~rorkization, monthl.Y payments of $21.50 oamx~cing SepteN~er 1, 1987, and se~nd I~bte for: s , MORTGAG~ NOTE RAMGO FORM 33 ~ i' . ~ • s 36, 000. 00 Fort Pierce ~ Fbred~ August 28 . 19 87 ~ ~ FOR VALUE RECEIVED~ the uadetiigaed~ (jointly and uvuaUy, if mo:e than one) promiut to pay W DONALD B. LAWSON, Individuall~ and as personal representative of the Estate ~ - of Arthur Lawson , or ordu, in the mannet hereinaftec rpecssd, ~ ~~ri~ ~THIRTY SIX THOUSAND and no/100----------------------- /i~ ~ 36 ~ 000 . 0~ witb interat irom date at the rate of 1Q per unt. per annum on the balance fcom time to time remainin~ uapaid. _ TAr iaid principa! and interat shaU be payabk ia lxwtul money ot the Unitcd Statei of Amtrics st 7 flOH Roanoke Avenue r _ Newport News, VI~ or at ~uch place as may hrcea(ter be dcsignated by written notice from the hoWer to the maket hereo(~ on { the date and in the manaer tollowing: :3 ~ 179 monthly installments of $386.86 each, and one installment of $383.67, ~ the first installment to become due and payable on or before the lst day ~ of September, 1987, and one installment to become due and payable on or before the lst day of each succeeding month until the whole of said ~ indebtedness is paid, with interest from date at the rate of 10$ per annum. ~ y This Note may be prepaid in whole or in part at any time before default ~ without penalty. ~ ~ ~ ~ ~ . r ~ 8 s ~ 'T6u nott with interest is acured~y a mortgage on real atste, of even date herewith, made by ths maka heaoE in favor oI the taid _ payee~ snd ~hall be corutrued and enforcec] secording w the taw~ o[ the Stata of Florida. ~ - It dcJault lx made ia thepa ytneat ot any of the swms or interat meatioaed herein or in taed mortgage, or in the pet[ora~ance ot any~o[ theagmm ents coatained herein or in aid mortgage~~that t!u entire prineipal ium and ecaued iaterrrt ihall st the pption of the hoWer henol become at once due sad oolkctibk without noria, time~b~eiag a[ the er~ence; snd ~aid~pr~neipal ~um and secrued interest F ~haU both bear iaterett te»aa such tiwe unW pud st the 6iahat tste alJorrabk nnder the la~+n of thn State ot Fborida. Faiture to cxerciu = thia optioa ~hall aot consatute a waivet oE the rig6t to exereix eLe wae in tbe eveas of any tub~equrat detault. ' Esch peran tiabk htreoa whether maksr or eadoner~ hesebp waiva pracntment, protat, nodce notice of ptotat and aotice o[ dir honor and agrea to pay s)1 costs, includina s nawnabk atwrney'~ fee whrtber ~uit bs broug6t os iat, L~ dtu matunty of this note or detault ~ hereuader~ or under uid mortgsge, countel ahsU be emptoyed to ool~ect ehu nate or to prosect the ~ecurity of said aiortgase. x. Whenever uscd huein tbe terrra "bolder", "aaalce~' and "payee" dull be wnsuved in the tiagular or ptursl as the conur:t mar ~ roquire or admit. ~ ~ Maku'~ Addrcu .~~~EiR .(S~ALj ~ T~ ~R. ~TAL~EY~ ~ - ~ ~ ~ . ..................................»..............................(SBAL) . . . . t LINDA G. TALLEY . ~ *ana...such...defa...i ..............................~...~...~~................~.................(SEAL). u t continuea for 804~ ~f Lhirty (30) days .......................................»....................................,........................(s~L).