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HomeMy WebLinkAbout0921ARK z ~ 3~3 _- TO HAVE AND TO HOLD the aaau, together tvi~h all and singulu the tone- -menu, hereditaauata and appuroenances t~-ereunto belonging, or in any~rise appertaiaiag, and the ztiveraion and reversions, remainder and remainders, rents, issues sad profits thcra of, and also all the estate, right, title, interest, Property, possesaon, claun and demand whatsoever, as weQ in law as ~ equity, of the said Mortgagor in and to the same, and every part and parcel theroof, unto the said Mortgagees in fee siaspk. AND the said Mortgagor does hereby fully wamnc the tide to acid land and every part thereof and will defend the same against the lawful claims of all persons whom- soever. rO :'L~i~ :~. iiv !1 a ~, i hat it said iviortgagor shall pay unto the said Mort- gagees that:ertain promissory notes of ~rhich the followuig is a substantial copy to wit: . 316 ,500.00 ~ !aL Mach, ~ Tlocida Jaassety -S , 1961 !'OR YALE tglCil~, it proadss• to pay to /1L C. OOH~2, H. A. Si~OAN and lLAN CtS' LAS ~A AM, his Mife; oar carder, the sus of SIY'!E>a 1 !TR ~~ and m/1 00 s (316,500.00) ~in the tol loNis~ instal lasata , payable on the lollo~aring dates 32 , 7 50.00 00 oar befoacs Jaoa+ary S , 162 ; 32,750.00 oa oar tieleze Jaaosry S, 1963; 32,750.00 00 of htfoars Jaosuy S, 1li4; 32 , 7 50.00 oa u bszus S , 1965 ; X2,750. oa of betoro .icy S, tyeo; ~2,~5~. aia vi ~f.~ .~'.~.~~ ~, 1~7, and to pay interest on the unpaid part of the principal hsarsof free the data bsrsof at the rats of s~man psr csntut (7Z) per ~, payable oa the Sth day of July, 1961, sad sessi-anetially thereafter. ?hs principal hereof aqd interest hereon are payable at ?ltis Hots sin; b• p'-•~i~ is w6sls oar in watt at a~ey t:ae after January S, 1962 and before suturity without psaalty. In the swat of the contiouatioa o! say default in the paysisnt of say inatallaaent of the principal hereof er intersst tuerson for a period of .thirty days, the holdst hereof r-y sleet to declare sad daclue the satire unpaid asioasnt hersef , sad the interest then acczwd, issdiawly due sad psyabls. T!r raker and all endorsers of this note wive deaat~d, presentment, notice of Han-pay~eat, dishooar, and pretest, sad agree in caw suit shall bs bra~ht tour the collsetioas hereof , or it is aeceawry to place the saarr in the haada of as attor:ry for collectiaa, to pay rsasaasbls attoacersy' • fss• for saskia; such collsctioa. Deterred interest payrats shall bear iatersst traa iaaturity :t the rats of sews per ssntw per aanv: pa~-abls sasii- ss.i.::.: ~~ . B~CAL PETS OOit! . ~, is and shall perform, comply with and abide by cacti and every the.stipulations, agreements, conditions and covenants of acid promissory note and of this deed, then this deed and chc estate hereby created shall cease and be null and void. .~~: ~si~ _~-s ~~ ~_ _;