HomeMy WebLinkAbout0970 ~o ~uc ~nd to ~ic?ld fhe same, together with t~e tenemenls, hereaifamenta ancl appu~te-
nances thereto ba~onging, and t1~e renla, issuea tinc~ projlft t~ereo~, unto fhe mortgagee, in ~ee stmp~e.
~Il~ the mortgagor covenants with tI?e mortgagee that the mortgagor is tnde/~~61y aeized of said
land in /ee simple: that the mortgagor l~as good rtght and lawf ul auihorily lo convey said land aa a/ore-
scc;c~; ~~eQt rr~ortgagcsr e~~i[~ r•~~~A ac•_r1e ~url~er a~surances fo pn~~e~t !he lee simple tttle to aatd land in the
mortgagee as mny ~e~onabty 6e .syu~r~d: that tl~e mortgagor here6y ~ully warranta the title to satd l~~d
and wtll de~end the same against the law(ul clatrru o~ all persona whomsoe~er: and tl?ot satd land ia Jree
and clear oj alI encum6rances eXCept foX' taxes 1CCrilillg SubseCjuerit to d?1eo~1(lbe2' 31 ~ 1986.
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~~V1~1~ 71LW~s~ that t( aaid mortgagor ahall pay unto said mortgagee the certain promis-
sory note hereinaJter substantially copted or identi~ted, to-wit:
I
70 000.00 Mnrl~ag~ Noart
Flerids..........~?.~~i£~:ZP..~...~.Sti...............19....8.?
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FOR VALUE RECE~YED fA• und~ri~qr?~! promises to psr ~o IM order d
I J~'.Ai~1r.~`I~ C. WILt.IS ar~d RAC~~I, C. MOE~II.E
~h. w~Mro,~ o~.......Sk~Yk~~..~H~I~ID..Ai4D-.A0~100 oo~~.~: ~
I ..da.te.. ~
I ~oye~Aw w~~h int~~~s~ tl+Kwn a1 tM rat~ d.......1.Q.-Q.........P~r cen~ pK annwn Iran
untd nutw~~y. boih princ~V~! ~nd 'tnl~r~tl b~inD D+Y~bI~ in lawful 1MwwY ol Ih~ Unil~d SIN~~, wch principal tun~ and k~t~nu payabl~ in ins{~YnwNt ai folbwi:
Payable inthree equal and oansec.v ' setu-annual interest only instalLnents
I of $3,500.00. First paymen March 15, 1988 azrl every six m~nths
thereafter thro~.iqh and ' 15, 1989. On Septenber 15, 1989, the
entire principal ba wi any interest due thereon are paid in
full.
THIS OBLIGATION MAY BE WHOLE OR PART AT 1~NY TIME WIZI~i(JUT A PIIJALT!.'.
Sah ins~aUme~i ~.y~+.n~s ~,sll b. apPl~.d fi?s~ ~o ~M in~.r•s~ •cuu~~ und.r iM i.rn?s d ~hi~ noi• •nd ~Mn ~o • r.duaion d rM principsl ind~bt~dmi~.
TM n+akers ~nd ~ndors~rt o1 Ihis nW~ (urlhsr aprN to w~iw demand, notic~ al non-p~ym~nl ~nd prot~sl, and in Ih~ w~nl :vit ihaq b~ brov9hl la IM
coltec~ion M~wl, w Ih~ i~nw hii lo b~ ca1leN~d upan d~m~nd o! ~n eHOrn~y, to p~Y n~ionaN~ ~norm~i fM~ Iw n+skiny such eoll~ction. AQ parn,~i A~r
Yf~~1 lIIa~I M!/ 1111Hlfl il II1~ f~l~ OI ..................pMClf1I p!f N1MIT'fOT Ra~Yfl~ Vf1Il) wtd. TIl~f IIOI~ I1 Nl1R~ fl10~IQ~Qf OI ~Vlf1 ~I~ Mf~M1H1 afld if lo
b~ construed snd ~nlaad ~ccwdiny !o IM lawt o( tM Slal~ o( ilorida: uoon d.lavli in iM vr~ d p•incip.l ~ndlw in1u~N wMn dw. IM v?hol~ w~n d
pinapal snd inlnetl rMnaininp unpsid ~MII, a1 IM oplion o( th~ hold~r:, oecon~ imm~di~Idy dw and paYabl~. f~ilur~ to ~a«cis~ ihi~ oprion shatl nol conili~u~•
• wairer ol tM tipM lo ~aetei~~ IM t~eM in Ih~ w~nl o! wbs~qwnl dd~~lt.
P,r.w..~.. ..65 Country...Club_. Road .~!'!~'...PAOPEAT.IFS,....INC. .......isE~t1
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Cocoa Beach, Florida 32931 ............................................lst~t~
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....G~.,'I~~~~. ~~Nf~.'Y, JR.
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d~s~yn~~~d M ~ holdw ot thii ~ ~ .~'~C.~I ~ ~ ' i ' ~
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