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HomeMy WebLinkAbout2759 i ~o ~ue and to ~ld !he same, iogethe~ u~ilf~ the tenemenls, heredilamenls and appurfe- nnnces Iherefo he~on~i~g. an~ ftie rents, issuea anc~ pro~ils f~ereo~, unfo !ha morfgagee, in ~ea simp~e. ~ the morfgagor coi~ennnfs wlth Ihe mortgagee ~ha~ the morlgagor ts inde(easibly seized o! snid land in /ee simple: ll~al Ihe mortgn9or has good ~tgnt and law/ul authorily to conusy :atd [and as a~oro- saic~: Ihal Ihe mortgago~ will make suck lurt~er assurances !o perject Ihe ~ee aimp~e fit~e fo said ~and in I~e morfgagee as may reasonab~y be requi~: thnt the mortgagor hareby /u~~y warranfs I~te fitle to said ~and and u~ill dejend t6e sume agninst 1{~e law(ul claims of all penons whomaoever: and tl~at :atd [and ~ Jree ~ ~ and ~IPa~ o/ all encumbmnces except taxes, easements and restrictions of record. THS 80LDffit of this mortgage, in any action to foreclose it, shall be entitled, without notice and without regard to the adequacy of any security for the deb~, to the appointment of a receiver of the rents and profits of said premises. Said rents and profits ar~ hereby, in the event of any default or defaults in paying said principal or interest, assigned to the holder of this mortgaq as further security for the payment of~aid indebtedness. . ~~V~~ ~ys~ that i~ said mortgugor ~I~all pay unto said moHgagee fhe certnin promts- sory nole he~ei~a~ter substantial~y copied or idenfifiec~, to-u~il: ~ i I PROMISSORY NOT~ $ 179,400.00 Orlando Florida November 4 19 69 FOR ~'ALUI~: RF:CFIVF.D. the undersig~ed jointly and se~erally pramise(s) to psy to the order of WILLIAM D. BORDERS, as Bishop of the Diocese of Orlando, a Corporation Sole at P. O. box 3069,Orlando, Florida 32802 ; or at such `place as th~ holder(s) of this note may designate- in writing the principal sum of ' ----ONE HUNDRID SEVENTY-NINE THOUSAND FOUR HUNDRID AND NO/100---- DOLLARS ~ to~;ether with interest thereon from date hereof at the r~ate of ? 1/2 % per annum on the unpaid balance_until paid. This note shall be due and. payable as foZlows: An interest payment shall be due on November 4, 1970. $29,900.00 plus accrued interest shall be due on November 4, 1971; . $29,900.00 plus accrued interest shall be due on Novernber 4, 1972; ` $29,900.00 plus accrued interest shall be due on November 4, 1973; $29,900.00 plus accrued interest shall be due on November 4, 1°74; $29,900.p0 plus accrued interest shall be due on November 4, 1975; $29,900.00 plus accrued interest shall be due on November 4, 1976; Maker reserves the right to prepay this note at any time without penalty. ' If default be made in the payment of any installment under this note. and if such deiault ia not ~ m ade good within thi r ty days a f ter i t i s due the entire principal sum and accrued interest ahall at once become due and payable without notice at the option of the iwlder(s) of ~ *,hi~ note. Failure to exercise this option shall not constitute a waiver of the right to exercise the same at ~ a later time for the ~ame default or for any subsequent default. In the e~~ent of defaults in the payment of ~ this note, and if the same is placed in the hands of an attorney at law for collection~ the undersigned hereby a~-ee(s) to pay all costs of colleetion including a reaaonable attorney's fee. Presentanent, Drotest and no- tice are hereby ~saived. Documentary stamps in the ~~RmA STATB SUPPLY.INC. (SEAL) amount of $269.I0 affixed to original mortgage and Bv: /s/ W. S. Wi htman ~(~~~dent cancelled. ~ ~ ~ ATTffiT: (SEAL) t r.uMrt~ ?w~w~i~o co. o~~.woo Y~ ~o. ~ /s/ T. Joseph Constantine ~SEpj.) T. Joseph Cons~ecretary ~ BOOX~V~ PACE~rI ~V I I) i ~ - ~ . ~ ._u~