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HomeMy WebLinkAbout0104 t+ TO HAVI~ AND TO HOLD ths asms to~et~ker with tAe ts~sementa. hereditamenta, and appur- succes~~rs tenancea. unto the aaid Mort~a~ss.._, awd its afed aaaiyna, jee aimpls. themse ves AND tlle aaid Mort~aDors . fo+" / Rnd their rapreae»tativea ; successors, ~ and aaai dO enant witk aaid ~[ortgayee its le~ai t~~s ~.:~.-.-*~*iqea and i ~ , aaaigns that said Mortgayor s, are ~~f~aib~y aeiaed of aaid land in jae aimpie t1~at tks said htortyaqor s have f„a p~ar ~d la~eofui riglat to corivey aaid la~d ix ~es aimpis successors, aa aforesaid; that it shali be lawfui for aaid Mortga~ee-, its / r~, is~al rapreaanta tivea and aaaig„a, at ali temea peaceabIy and q~astly to enter upon, h,old, occupy and cnjoy said Iand; that aaid land ia f ree f rom aU ~uumbrnncea; tl~at said Mortgayor s, the i r k~. and leQai representativea, un7~i maJcs auek fwtJ~er aaaurance to parfect ths fss simpls tiU~ to said la~nd successors, - in said Mortgage~, its / ~~c ~yal repreaentatives axd aaaiQ~s, aa »tay raaaonably bs requirut; a~ed tlaat aaid Mort~a~or s do 1~ereby futly warrant tl~ title to aaid Ja~d a~d w~1 defend tlu same against tlia lawfui claims of aU peraona whomaoevsr. PROVIDED ALtiVAYS, t~hat if said Martga~or s, their reprea~ntativea successors, or assig~ea ahall pay ~a~to tl~s aQid Mostya~se_, its / tg~ai representatives or aaaigna. the certaitt promiasory note-., of tinhiek t~s foQowing in words and figurea is a ~ eop_1~ , to-wit: t NO'I'~i' Loen No 2 Account No 7434 NEL , ' 10 ~ 000. 00 Note No Date , ~ For value received, I/We jointly and severally~ promise to pay to Tropical Telco Federal Credit Union, or order. the wm , of ~ THOIISAFD ++nd a0 /100 Dollars with. interest on unpaid balance at the rate of I% per I month, payable in monthly installments of ONE HtfNDBED FOETY FOUR and /100 Dollars, induding interest; the i first pby?r~snt ta be made on the last working day of and a like amount on the last working day of each month thereafter until the full amount has been paid. The maker hereby authorizes payments to be made by payrol) deduction. i= Collateral• SPOUSE FIRST MO$TGAGg r. [ In case of any default in payments as herein agreed, or in cose I/We terminate employment through a leave of absence or ~ other reason with any of the companies named below, or in case 1/We transfer from the operating territory of the Tropical Telco Federa) Credit Union (as defined in the charter), the ent~re balance of this note shalf become immediately due and pay- ~ able, at the oplion of the holder. ; ~ Esch party to this note. ~vhether as maker, comaker, or ~uarantor, sererallq watcea presenUnent [or psyment demand. protest and noUce of protest and dlshonor o[ the same and turther vcaive any object~ons to suit being brought in Dade and/or Leon County, Florida It is turther agreed by each party hereto, that in caae paymepts shall not be rcade at maturity, he ~hall pay s reasonsble fee [or costs of collection or attorney's tee. In cage this note L~ placed in the hands ot ao sttorney or-agency for collecilon. I/We, the undersigned, do hereby pledge all paid sharq and paymenta on share~ which I/We have now or hereatter may hace in this Credit Union as security tor ih4~ loan and do turther pledge, assign, trxns[er end aet over any aalaries, commLvions and/or aecerance pay from Southern Bell Telephone and TelegrapL Company, American Telephone and Telegraph Companq and Western Electrie Company (employer) or any tuture employer which hace or may acerue to my/our credit as ae- ? curlty tor thls loan; and the Troptcal Telia Federal Credit Ua3on Is hereby authorized to gire suCh notlce to sald emploper as may be necessary - to make this assignment operatice. Thi~ pledge and assignment is gicen to aecure the payment of this loan and lnterests and costs thai ~ay ~ accrue thereon, rnd I/We hereby authorize the Treasurer to apply any or all such pald shazes and payments on ahares to the payment of said ~ ?oaa and fn er ts aad coste. I/We hereby agree thst the Tmpical Telrn Federal Credit Union maq allow ahare withdrasvals by any partiea hereto at a~~~.ilillia~ H. l~eLon ~ Maker ~I~ H • (Seal) 5 (Seal) ~ ~ C 0 (Seal) o (Seal) 2 i(~ar1o • II Seal 7 ~ ( ~ ($eal) _ ~ 3 _ (Seal) 8 (Seal) ~ • ; ~ ' 4 ' ($ea~ 9 (Sea~ ~ ~ - i _ and ah.ail perjorm, comply ioith and abide by each and every the atipulationa, agreementa, co~e^ ~ ~ ditions and eove»anta oj said promissory note-and of this deed, then thia deed and tlte eatate thereby ereated shall cease ¢~d bt null wad void. ~ ~ AND the said Mortgagor S, f or thems e lve s a~ thei r heira, kqat g ~ ' represe»tatives and aaaigns, hereby covanart~ and agree: . F~ QOt~K f;~~f . ~ , u' . * _.m a ~ ~ . _ . . _ . . . ~ ~ - . .