HomeMy WebLinkAbout1863 ~0 ~IU~ illl~ t0 ~ t1~. so,~.. eoa.~h.. wttl~ ei~. t.~.~+.na. l~a+dte~.na a,~d ~p~t.-
nanc~ea 11~~nfo ~onging. and th~ r~nta. 1s~ua and pro~lta th~o~. unto t~ ~QaQN. in ~N ~iw~p~.
~~1~. mo.~~ oow~a ~ttk el~. mor~e~« d~e eA. ~.or~ooor ~a r~d.j.wibly ..i~d o/ aatd
land in f~. ,rmpls: t6at eh. moreAapo~ /w. ~ood et9he e~d lawju! suehorttp eo oonwp ,a+d land cu aja~.-
:~d: th4e ~6~ wtU /~/~.r e~ ,,xf~e ek.1...+~r?b ttil. eo ,~d 1~[ ~ eh.
~no.t9~e. as n~y no.o~o6lr 6. nq~.~.d: -el~e d~. ~ae~. 1~«~.br I«I!y wa+n.~a e1~. atl. eo a.+d la~d
a?ui wtll d%nd the san~ oeotrut tk~ lawjul cla~ma o) aU p~wu wl?~nuo~wr: +and t1~st +atd land t+ ~w
a.~d cl~ oJ aU .~um6~a.~ces . And the mortgagor covenants with the mortgage
that the whole of the principal sum and the interest shall immed-
iately become due and payable in the event of the sale, transfer or
assignment of the above property by the purchaser or if tifile theret
shall become vested in any other person or persons in any manner
whatsoever.
~l'~DUtI~ ~IUAyS, eh~e tf :~d ~e~~ ,I~11 ~y u.~eo ~atd moregoA.. th. ~.eat~ ~o~.~s-
sory note ~ereinnf
ter substantial~y oopied or identilisd. to-wit:
June 2_, 1968 S37,500.00
ii
i
~ . Detroit , Michigan
~
.
For Value Recsivad, we jointly and aeverally prar?ise to pay to the
order of: ;
CARL F. N18LSSN~ ALBBRT BOYAR and
NATZONAL Bl~N1C OF NORTH A1dBRZC~1~ AS
BXBCU?ORS OF T~ 88TA?E O! OLGl~ H.
D1I8I.SBN ~ D8CS~88D ~
Thi~cty-seven thoussnd Fiva hundr~d and no/100 (537,500.) Dollars
at th~ National Bank o! North Amsrica, 60 Haap~taad Avenw, W~ot
8eapstead, Ne~ York, in thrae annual inatalLaente of $1Z,S00.00
~ eacb, th~ lirat installmant to bea~e due and payable on or b~~ora
! th~ 8th day of July, 1969, and one inatallu~nt to became du~ and
~ payablo on or before tha 8th day o! July o! eaah succaeding yaar
~ untfl th~ vhole of aaid indebtedneas is paid, toq~ther with iAter-
~ eet lro~ July Sth, 1966, at the rate of 6t per annum, payable
~ quart~rly on tha unpaid principal balanc~.
It is hereby expressly agreed, that the ~aid principal sum sacured
by this note shall beaeme due at the option of the holdsr thoreof
on the happeninq of any d~fault or ev~nt by ~hich, und~r ths t~rms
ot th~ mortqaqe dQed aecurinq this note, oaid principal sma ~aay or
shall bocoma due and payable= also, that all of the covenants, ~
oonditione and aqreements contained in aaid mortqaqe deed azo h~ra-
by nad~ part o! thia inotrument. -
' I! any inatallmant of this note is not paid at the ti~ and plac~
sp~oitied, ttii antire ~awuat unpaid shall b~ du~ aud payable at
th~ el~ction of the hold~r b~r~ot. All parti~a b~s~to, rh+~th~s '
makers, endorsars, ~wntios, qvasantor~~ os othu~+it#, htr~by
~ vaivs domand, noti~a and ~rot~st. It glao~d ia tb~ h~mdr o~ aa
~ attosn~y tor collection~ ~ ioiAtly a~nd ~s~tosally agrM to pay
~ rea~onable attornoy•s fess. Pr~pay~t may be made at anyti~
~ without peaalty.
~
Jose h J. Sciturro (SEAL~
sep . c rro
s/ B].sine I. Sciturro (SE1~I.)
~ .
s Sam M. 3ci turro (sEAL)
~1~ ~~~~L . c urro
JV
- - p (SEAL) ,
Ju ith A. Sc turro _
~ ~ , -