HomeMy WebLinkAbout1153 i ~
~
i
i~ ~o ~iaue and to ~iold I~~e same, togPther with fhe tenemenfs, hereditamenl~ unc~ appurle- I
~
nnnces 1{ierelo E~P~onpinc~, an~ Ihe rents, issues anc~ projils f~ereoj, unto !he morfgagee, in iee simple. I
' I
! ~nd ihP mortflngor coveriunts with the mortgagee Ihat the mortpagor is indefecuib~y seized oj said I
~ land in (ep simple: that the mortgagor {~as good ripht and Iaw~ul auihority to cunvey said ~and ns ajore-
ij snic~; thnf fhe morfgaflor wi~~ make suc{~ ~url{~er nssurances to per`pct the ~ee ~impls tille !o said ~anc~ tn fhe
~I morl<~uf~ee as may reasona6ly 6e required: thnt the mortgagor hereby (u~ly u~arrnnts the title to saic~ land ~
l'' and u~ill deJend 1he same ugninst lhe lawJul claim~ of all persons whomsoever; nnd t{~at said land is free ~
and clear o~ ulI encumbrances
i
i
II
I j
I I
i
I
;i I
ii
~i
j,
,i
~I
" I
~I
~
'I
!I ~LIW~~~ that i~ aaid ntorteagor aha~~ pay unto said mortpa8ee t~e certain promis-
~ sorq note ~ereinafttr su6atantin~~y copiec/ or icjentiffed, to-wit:
`
ntORTOAGE NOT< RAMCO FORM f~
; 20,OQ0.00 Fort Pierce , Florida
, ~9 90
FOR YALUE RECEIVED, the undenigned, (jointly and severally, if more than one) promises to pay to
JEFFREY BURLING , or order, in the manner hereinafter ipeci[ied,
i
€ che princip~ tum of Twenty Thousand and ------------------------------I10~100 DOLLARS
~ t= 2 0, 0 0 0. 0~ wi~ ~ptenst from date at the nte of 10 per cent. per annum on the balance trom time to time remaining unpaid.
; The uid principal and intere~t ihall be payable in lawEul money of the Unitcd Statei of Amerin at Seottsdale, Arizona
~ or at such place as may hcn•aft~r be dcsignated by written notice from the hoider to the makcr herco(, on
j ehe date and in the manner followirg:
i
~ An initial payment of $ 1, 425.00 being due and payable
~
; on January 25, 1991, and equal quarterly payments of
F
; $1,425.00 , beginning April 25, 1991, and continuing
~ through January 25, 1995, when the final payment of
$1,382.88 is due and payable.
!
~
{
~ The Maker has an unrestricted right of pre-payment,
in whole or in part, without penalty.
i
i
~
~
~
~
~
~
~
~ Thit note with insere~t is ucured by a mortgaRc on real tstate, of ~ven dat~ hrrcwith, madc bv the maker herco( in favor o! the uid
payce, and ihall be conttrued and en[orced according to the IlN! O~ lI1C State o( Florida.
1E default be made in the psyment of any of the sum~ or interat mentioned herein or in said mortgage, or in the pertormance of
any of the a~reements contained herein or in uid mortgage, then t6e entirc principa! ium and accrucd interest ahall at the option o! the
holder hereot become at once due and colkctibk witbaut notice, time bein~ of the euence; and uid principal ium and accrued interett
shail botb bear intenst from such time until paid at the hiahat nte albwnble under the lawr ot the State ot Fbrida. Failure to e:ercise
chii option shaU not con~titntt a waiver of ehe riaht to extrciu the ume in the cvent o( any sub~equent default.
~ Each peran liable hereon whether maker or endorier, hereby waivei preuntment, prote~t, notice notice o[ protest and notice of dis-
~ honor and asrsee to pay all cwu. includina a rcawnable sttarney'a (ee, whcthrr iuit bc brouRht or not, ir~ aRer matuntY af thii notc or default
~ hereunder~ or under said mortgage~ counul ~hatll Ix employed to collect thi~ note or to protect thr a•curity of ~~icl ~nurtRaKe.
~ Whenevcr uscd herein the termi "holder"~ "makcr" rnd "payee' ~h itru J in the ' ular or plural as the context mwy
~ rcquire or sdmit. • ~ f~~
~ SEAL
Maker'~ ~ddr~„ RT...B...~.,~`~O. . ~ )
~
.
~ 3301 Avenue D . .~tfY~ ( )
t SEAL
Fort Pi.erce, Florida 34947 DI OND R. HORNE
( SEAL )
6001c PAGE~~ ...................................................................~sE~~.;
` ~ ( .
~
~ - - - v „
x _ , ,~R ~ rr ~w:. ~ ~ ~