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HomeMy WebLinkAbout2717~~ ~ ~ ~~ the same. together with the tenements, hereditnnunb and appurte- nances thereto belonging. and the rents. issues and prof its thereof, unto the mortgagee, in fee simple. 711~d the mortgagor covenants with the mortgagee that the mortgagor to indefeasibly seized of snid land in fee simple: that the mortgagor has good right and lawful authority to convey said land as of ore- said; that the mortgagor will make such further assurances to perfect the fee :implt title to said land in the mortgagee a: may reasonably be required: that the mortgagor hereby fully wnnnnta the title to said land and will defend the same against the lawful claims o j all perso-u whomsoever; and that said land is free and clear of all encumbrances :. ~lWayS, that if anid mortgagor shall pay unto said mortgagee the certain promis- sory note hereinafter substantially copied or identified. to-wit: 57,730.00 Pii0MI8SOttY i~l0~rt . Rost ti•rc•, Riosida, s.~t..b.s 1Se 1969 Ror valves r•c•ivd, tb• tw~d•saipad psotis• to per to tb• osd•r of 11ICMABt. A. riRRI, 8R. sad 8?oit.A M. PiigtI, his wi!•, tb• psiacipal •~ of ~Nlal iH0UiA1fD SsVDN iRSIDRRp RIR?Y sad Np/i00 ($7,?30.00~ Da.i.ARB, with iat•s•at at tb• rat• of ~ p•s ans+oa tsar date, oo tbs upaid palaac• until paid. Tb• said psiacipai sad iat•sast shall b• pyrabl• at tb• 8t. Laci.• Gonaty soak, 1b=t ti•sa•, Rlosida, os at aAy such otbs piti~a• as tb• bolds tsy- d•sipaat• iA wsitinp, said psiacipal to b• paid at tb• dat• and is tb• tollooiap asaasi R•payablr is tea (10) equal aaaual iastallasatr of =j9S.00 plus in• t•s•st at th• sat• o! dli p•s an~ws, on th• upti-id balaac•, aoaunciap tb• 1st day of sptNb•s, A. D. 1970, and a lik• afotiat plus iat•sat oa tb• sat day of •acb sad •wsy yas tbs•tatt•s natal lolly paid. t~ril•p• of prspayant without p•aalty is b•s•by paws. I! d•ltwlt b• ~ad• is say iastalltut ~mdss this aot• and it say tech d•t~wlt is sot :•ad• pool within e0 days o! th• dat• o! said dst~aslt; tb• t;atit• psiacipal twos sad atcaswd iat•z•st shall at oac• 0•cou due sad pay- able witlfo~ut aotiw at tb• option o! tbt bolder of this sate. Railus• to •~osscis• this option shall sot aonstitnt• a waiver of tb• sight to •~osscis• the OaM 1a the •vat of say •iib••Qlttnt dttttti~itlt. Ia tb• swmt of dttttault is tb• payaat of ibis sate sad i! tb• sou i• collected by oa attorney at law tbs uadszsi4a•d b•s•by apses to pay all costs of taolieatioa iacludinp a reatoonabie attosay's t••. Pr•taataisat sad psotest sad solace ass D•sby waived. IIiDIAl1 RIYRR AiCADRNY, a psivat• school iacosposat•d By~.:~~.C ..~ Harold Hel tb, Yie• Psesident Attests ~~~ Isria Rsaak, 8et;s•t a~~?9 p~271~ r