HomeMy WebLinkAbout1748 ~1{{~ W~~ !hs sama, together wilti fhs fs~~~ntnls, hertdifam~nb ond nppurf~-
nanres tl~e~elo l,plor~9i?e~, and ths renfs, issues nnd projif~ the?so(. unlo tha ~no?tgape~. In /e~ sl~npb.
~ tne morfgagor covennnts wifk Ihe mwtgagee lha! the ~nortgagw is i~~fewib~y selz~I o~ said
lund in jee simple; thae the morlgngor has good ngFtf nnd lawjul autl~o~ily fo eonus~r s~d b~d os a~ore-
saic~: fhaf Il~e mort~tagor u~ill ma~e such (urthar msuranees to per/ect tl~e jee stmp~ fit~e to aald ~and in ths
m.~rtgagpe as may reasonably 6e requi?ed: thnt the n~orfgngor ha?eby ~ullr war?ants• Ihe title 40 ~aid land
~ nn~t u~ill dejend the same against If~s lawjul clnims oJ a!! persons whamsoauer and tl~at sa:d land ia j?w
' and clenr oJ al! encumbwnces '
~ 7. ~Failure on the part oY the mortgagor to comply with,
perform, or abide by ar~,y of t}~e agreements, stipulati.ons, condi ion~
and covenants as set forth above in sections 1, 2, 3, 4, 5, and 6,
~i empowers the morgagee herein, at his option, to declare the ent re
balance•due hereunder to be due and payable at onGe Without not ce.
f! Failun~ of the mortgagee h erein, to exercise this opti on at ar~y
time shsll not constitute a waiver of th~ right to exercise thi
option at some later time. .
- 8. The mortgagors furtheragree that this mortgage consti
tutes the entire contract bet~een the parties hereto, that they
have read the proviaions of this mactgage and the noy~ it secure
! and that they are aware of their right to h~ve their own attorn y
! examine said mortgage together with the said note it seEUres
' d advis them as to it.
• ~V~~ IUWays, lhat iJ said morfgagor shn~~ pay unto said nwrtgngee the certain prornit-
~ sory nole ~ereinajler stt~sfanfia~~y copiec~ or ic~entifiecr, f~~-wil:
I
i3,902.16 lft. Pie~cae, Florida
Deaeaber 8. 1966 ;
For value reaei~ed, we proaisa to psy, wit~nt deisloati m
to ths order oi P'SILIP a. 1t0UR3~, A3 B~C~'1'OR OF TSE SSTATS
~ OF IIAR~A I. B ARR, D$CSA3SD, at the 3t . I.nd e ~onntT BRnl~ at
Ft. Pierae, Florida, the su~ oi TSRB'S TSODSAUD 1~Il~S At1FDRSD
Tw0 A1~D 16/~100 (=3.902.16) DOI.LAR3 together with intersst
troa Deee~ber 5, 1966 at the rate of 6.25 9~ per eaam~ on the
napaid balanoe, pa~able in s~thl~ install~ente ae taLows, to-wit:
I =21.00 aa~ the 6th d~ osi ~U~ f~ A 1~. and
- :21.00 on tbs 6th da~ o! eaoh anoaeeding aonth thereatter
m1ti1 euch tiis ss thia nots haa beea paid in inll.
E eh inetall~eeat Zirst ahall be applied in payaent a~ ths interest,
a~ld thsn onths ~ ipaid balanoe oi the principal s~. It
~ deianlt is aade on the pay~snt aZ a~ inetallsen~ ~hsn dne,
thsn at ths optiaa o! the holders, and withont a~ other notice,
all ths reasinir~g install=ents sball bs dne nnd p~jable at
onas. Forbearanee s~hall not bs dee~d ezt~nAioon. Privilege
is given to p~ this aots in whole or in part at an~ ti~e
withot~t penslt~.
~ Eaoh a~sYer, enrsty and endorser hereoi, joiatly and
severally waiTes deas=td, prss~tsent, prote~t and notics oi
proteet !or nonDa~aeat an~ t~irthsr agrees to a~? eztension
oi tiae oi pe~a~nt either bsiore or atter antnrit~, withpnt
notioe to a~ oi uts; a~td to pay all ooste oi colleetion,
~ i~clnding a re8aon~ble attorae~•s !oa in the svent of ~
deisnlt hereander.
~
'I~itnsee ths hand and seal of each party~
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