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Home My WebLink About0660 I ( i i f TO HAVE AND TO AOLD the same together with the tenement~, hereditaments, and ~ successors ~ appurtenances, unto the ssid Mortgagee_._, an~ itsL x~~ gnd assigna, in fee simple. ~ AND said Mortgagor for itself and its successors, legal representatives and assigns, doth successors covenant with said Mortgagee-, lts ~ ~nei~, legal representatives and assigns, that said Mortga~or is indefeasibly seized of said land in fee sirnple; that the said Mortgagor hath full p~wer and lawful ri~ht to convey said lAnd in fee simple as aforesaid; that it shsll be successors i lawful for said Mortgagee-, its / ~e,irx, legal re~resentatives and assigns, at all ~ times peaceably and quietly to enter upon, hold, occupy and enjoy said iand; that said land is iree from all incurnbrances; that said Mortgagor, its successors and legal representativea, will make such further assurances to perfect the fee simple title to said land in said Mortgagee~., successors its legal representatives and assigns, as may reasonably be required; and that said Mortgagor does hereby fully warrant the title to said land and will defend the same against the lawful clsims of all persons whomsoever. FROVIDED ALWAYS, that if said ~ortgagor, it~ successors, legal representatives ar successors, assigna shall pay unto the said Mortgagee~., lts ~ 1ega1 representati~~es or assigns, the certain promissorp note-, of which ~he followir.g in worda and figures is a true cop~-tawit: ~a?anis F t a r icl PR~riISSpRy NOTE Ap:tl lt~. 1~ b5 > 30. 00'0. 40 i.;:i or before ~i~ ~b~ after date, for value CE?C21V2G, t~~ ~.:r~dersigr.ed promises to pay to the order of SOUTHEASTERN HOME MORTGAGE COMPANI' ~.1ie ~ um o r THIRTY THCyVSA1+TD AI~iD 3~14/ i~fl OC>LLA1~S? 0~ at its principal office in Mi2mi, Florida, togetner wit'r, i?it~r?st there~n, on daiiy outstanding balances, at the rate of ~;~u pec ~~~nt { ~if~ P~=r 3i1R'_1[Ti~ pavablc mc;iti,ly. A?1 d~•Linquent inst321ments of principal o: of interest amounts shnll br«r interest trom n~aturity at the rate ot ten per cer~t (10'/) per annum u~t~l p~_d. L~Fur~ t,ailure t.o pay any installment of interest o:~ the due ~ate thereot, th~- ?:oZdec riereof may at its option acceleratz maturity and the unpaid ~~ilu~lce hereof shall thereupon immediately ~ec~sme dut~ a~d payable withou~ der.~<~ nd or not ice . Ail parties liaoLe for the pay~rent hereof waive presentment for payment, :'.~_a«~r.d, nocice of non-payment, notice of prot-.E~t ar.d agree to pay all -~xct::ises of the enforcement hereof, ir_cluding reasenable attorne.•'s fees, ~h~':c~rt-.~r ~he holder hereof is obligated tnerefor or not. T`~e cbiigation which this note cvidences is secu.-ed by a construction i..~a:: ror~gagc and is incurred in conr~ection with a construction l.oan agr~emer~t oeta~~~i: the maker and the psyee, and this obligaticn may be declared b}~ t':~ t.•~l~~r r_o be immediately due and payable in the event of the maker's cie;:: u~t ir, or under any of the terms or conditsons of said construction loan agr~=~- ;;~F~n~ or construction loan mortgage. it is the contemptation 3nd wish of the undersigned maker that this note dcemc~d and held to be iully n2gotiable by endorsement. C. ~ LI..~3i t~ CO.~LP ~4 P~ Y ( C o r p c r~ f t~~ a i) `~~~,~i,,~i Q~~ ~~~ii . ~~00 ~ B : - - ~~0;~ President ~ / t sq /•S~P' ~b~ '"ro , ~Q, ~ Attcst: ~~y" j~i~/`Q~4~`q~~o Secretary ~ , ~J ~ ~ g~~F~ ~~~7 ~