HomeMy WebLinkAbout1686 T~ Have and to Hold the srune, tokether wrth the tenements, hereditaneents and apyurte-
nances thento belongin~ and the nents, issues and profits thereof, unto the rnong~a~ee, in jee simple. ~
~IId the mwtgrigr~r ca?~enants with the mo~tgrrgiee that the mo?igagrx is indejeasibly seized of said
land in fee simple; that the matg~a~gr~r hos g~ood rig~ht and lawful authaity to convey soid land as afo~+e-
sai~ thot th~ mo+tg~ag~w wi!! rnalce such further assurwnces to pe~fect t1~e jee simple title to said lond i» the
mongrrgre os may ~osonobly be requinec~ that the mai~rrg~or heneby fully warrants the title to said lanrl
and wi!/ dejend ti~e same og~ainst ~he lawful claims of al! persons whansoever, and that said land is fiee
ond clear of a!! encum6~aieces except those of recoz'd.
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Provided Always, that if said mortgagor sl~ol! pay unto said mongag~ee the certain promis-
sory note heneinafter su6stantially copied or identified to-wrt:
MORTGAGE NOTE
S 113~00.00 Port Pierce, llorida
tio~e~er 30th, 1989
' Fw vdee receivcd t6e mdusiBocd joiet~y aod sevenUy apca and prosaa to pq lo tle ordu d:
b1EADOWOOD UEYELOPMEN[ CORPOEt~1TION. ~ oorponlioa e:istint ~~der
the laws ot t4e atate of FI.ORIDA
t6c ~mdpal sae o( = 113,?00.00 wvi iata~st tLcreae at t~e wte o[ ~.500 pu ocntoen pcr
annum Gom tlee d~le 4rea( uali eatwil~. tk intuat bcia6 P~Y~ u sc! forth bclow ie iaw~fnl
i moecp d 1he United Suta d Awaria a~:
10o A.ea.e A~ S.lte 2A !
~ Fort Pkrce, Fbrida 3~950
a w~h otLer addreu as the Yolder 80~ twe lo time say spocif~ bp vr'ttea adioe to t?e maku. tAe
piodpal and iKUat to be paid at fo9ows .
~ 'Itie ~aald sa~ s~alt be p~W 1~ dShb-torr (EA~ instatiwe~ts
of S9S7.7~ eat~, beaineL~ p~ Feb . 1. 1~l0, wit a Haal
paJae~t of:107251.17, to be d~e and paj~bk o~ Feb. 1, 19l7.
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~ This nae wit6 iducst is sec~aed by a mort;a6e on rcal csule, o[ even datc bcrc.~'tlti and shall be
~ cawrucd aod ca(aad scoordi~.
~ I( ~here is a detaull ia paymcr of aa~ o( the wsc a iotuest a ie said mort6s~c, or ia tLe
e ptrfermaott d eemeots coeuioed ~ett's or io s~id oorlja~e. asd it wMaoes (or a puiod d
? d+7s tYe; al t?e oplio~ d tk Yolder of ti~e wtF t6e prietip~ cm thu
remaini~ wpaid wil6 aaroed meuai eha/ iwnediatd~ beooae d~e a~d caitd~bk tilool aotia,
Iime bc;~ d tLe esccece ot Uris ooatract, a~d ILe pi~c~l ~w ud aeaaod fruat ~iall bdh bur
iYCrat al t1~c ri~6c~t rrie aAowabie bf lav 60~ t6e dMe d defarl uti pcid /1Y ~_a p~id a~det
tbis eote ~haC be ae~tcd fiM to aoQV~d iruat ard t~a to pri~cipd. Frlve to esad~e Uns optro~
s6aM ad caW it~e a w~ai~sr d tbe ri~it to auwe t6e tr~e i~ t6e e~eN d a~ c~btoqoral dtLdl.
Esch ~eaker aed e~doner waires Pracetanl+ Palal. ~otice d patat xd adice d ds~o~or
a
aod agees to p~ rwaaabie attoreeys' Las a~d e~era i~ ~Se eataoe~ea/ d ~ii~ ~de prior w
subccqueal to jadp~eft aed is aa~ a~d all lrid md appeWte UiboyY„ ~riULa 4il be broa~lt ar .
oot if, ~Rer satri~ d Ua wte or dcfadt, a~d~er aid aort6a~e, eo~oed s6d be e~plo~od to
coRect Ilm aote ar to proled t6e ucariqr ot sadd worlaa~e-
c T6c iodebcdocss evidcead b~ tAit wte na~ be prcp~id'w ~vbok a ie prt at ary tix tihaA
t P~~M7 or preaim~.
: 41AKER5 ADDRESS: s `
' 201 S.AlY~JOIt
~ Naples, FL '
33942 • ~
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