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HomeMy WebLinkAbout2482 ~ I~e sumt. toe~t~s? with tht ttn~nunb. h~itamenli nn~l appurt~- nancea t~er~eto 6e~ongii~g. and !he renb. issu~s a?u~ projtfa theno% unto t~?t mortgaipN. ~n ~N almp~i. ~ the nartg~or covenanb wttl~ tl~~ ~norlgag« el~t ek. ~at9~or a i?~d.(.a.tblr s~tssd o/ aatd !~d i~ js. simpla: el~ai ~6. moN9~or 1?0. good ~t91~e a,~d bwjol autho.te~? eo conn.~? ,oid iond .s aJor.- satr~; t~nt tha rnortgagor wtu nw~~ auch ~urthtr asauran~es to p~ec! tk~ fie ateep~t titit to aatd ~anc~ in t~ ~~o~egage. ~~y ~o.?~bly 6~ .+~trod: that tl~ moNgapor ka+~6y /ully wa~a.~a eh• ettb to ,atd la.~d anci wi!! deJend the sane against th~ Iaw/uI clatnu oJ al! p~?sona wlwmso~wr, and tl~at sdd lond 4/n~e and clear oj nU encutn6ranc~es ~ . ~S~ lhat if said rnortgngo~ s~uu puy unto said mortgnget t~e certofn promit- sory nofe ~ereina(ter su~islantin~~y copied or identi~ied. to-u~if: 1 ~~.300.0o tort pi~roe ~'loMda liaroh 7 1968 ` . . . ~OR 9riLIIS B~QEIYBD, I, xs or •ith~r e! a~, pro~ist to pa~ xithont d~taloation, to th~ ord~r o! 8LB3IE~ 0. EIOHE, st hsr r~~~d~no• in I'ort Pi~~'o~. !'lorida, th~ ~ua ot I'OIIB lHOIIS~iD ?BBES HOYDBED 300.OOj DOLIJB8 xith lat~r~~t iroa dat• at th~ rat• st tI11E (5)p~r o~nt p~r anaua~. ~n ~onthl~ in~tall~~nt• s• iollox~t ~~2.45 on th~ 7th da~ ot ~pril~ 1968. and a lik~ nu on the oorr~~ponding ds~ ot ~aoh lir~ ; snoo~~ding p~riod lh~ra?itts until th~ xhol• b• it~ll~ paid or natil the i d~~is• oi t?h~ Ps~~• h~roin xhioh~~~r Ooae• tir~t, at xhiah tia~ thi• ' not• and sor~l~?g~ ~hall b~ oi ao ll~rth~r loro• and s!l~ot and sball b• 4 sati~li~d O! t~oord. i ~ ~aoh in~tallsent iir~t elull b• applied ia pa~a~nt of the iater~st and th~n on the balano• ot th~ principal n~a. I! d~fault is ~ad• in tht psy~~nt ot aaT ineta~lla~at xh~n du~, th~n at the option ot the holdsr, snd xithout an~ othsr notic~, all ths r~~aining in~talloent• shall b~ du~ ud payabl~ at oao~. Privil~g~ i~ gio~n to paT two or sor• instal- l~~nto at an~ ins~tall~~nt uturit~ dst~, but thi• shall not ~zt~nd th~ ti~~ o! ~atnrit~ aa~ ~nbs~qu~nt installa~nt. lt~ith~r ior~bearanos, nor acaeptanc• b~ th• hold~r h~r~o! sit~r an~ d~tault in an~ pa~ent h~r~on, ehall b• d~~~~d ~zt~nsioa. ~aoh sa]c~r, ~ur~tT and endorser hartot. ~o1at1T and •e~srall~ x41~~s d~iand, pr~s~at~~nt. prot~st and notioe oi prot~~t tor nonpa~~nt, and ~ ll~rth~r agr~~s to sa~ ~zt~nsion oi tii• oi paya~nt. eith~r bsiors or ~ att~r ~aturit~, xithout notio• to say oi us~ and to pa~ all aoste ot ~ oollscLion, inoluding a r~asonabl• attorn•~ s i~~ in ths event o! sn~ ~ d~tan].t htr~aad~r. and hersby s~v~rally xsi~e~ sll b~nelit o! hose- st~ad sad ~z~nption uad~r th• oon~titution and laxa o! ~soh St,sts oi • ~ ~h• Unit~d Statas. as agaiast thi• obligstion or any szt~n~lon or re- ~ a~Kal her~ot. ~ WI?1TB88 the haad and s~al of ~ach par~~. ~ Pr~pa ra~at ~a?~ b• ~ads at any tim• ~ ~rithout p~aalt~. ~ S/ Dsanls B. S~erlin (3ElL) ~ ~ ~ ~ ~ BOOK~~~ ~ ~ 1 ~ ~ PACE~~7~ ~ { U ~ ' "~~.fr „~.w _ . _ _ ~ 4 _ _ _