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HomeMy WebLinkAbout0171 ! j~~~~ ` ~ ~1fiV~ ~ W ~W~ lhe sarne, togefhe~ with f/~e fenemenb, hereditan~eenfs and appurte- nances f~iereto 6e~onging, and tl~e re~ls, issues und pw~its thereo~, unto the neortqaeee, tn ~se simple. ~ ~ ~LILf~ f the ~o~tgagor cove~eants witle tlee mortgagee tkat t6e morteagor is indej~i6ty ~eised oJ ~aid land Fa ~ee sirnple: tleat t/ee mortgagor hw good right and law~ul outkortty to conuey said land w a(o?+e- said; ~hat the mort9a9o~ wij! mahe such jurther asswances lo perfect fhe fee aimpjs fif~e fo aatd ~and In ttie ' ` morlgagee as may ?easonn6ly 6e required; lhat t6e mortgngor I~ere6y jully warranta the ttlle io saJd land ; # and will de%nd t6e sa~ne against the lawjul claims o~ all persons whomsoeve~: nnd ll~at sa~d ia.~d j.~ ; nnd clear o/ all encumbrances { ~ ~ ~ L ~ ~ ~ a 3 'E 3 L 3 ~ ~ i I - I 'x ~~V~ T~LW~~~ that if saic~ mortgagor a~ull pay unlo snid moHgagee the certein promia- sory note hereinalter substantially oopiecl or identif iecj, to-wit: ~ s....5..,.OQQ.~.QO.--~ Palm Beach December....:~.~.--................ ~9 69_ . fOR VALUE RECEIVEO ?h. undasiynd pranises ro psr ~o ths orda o( MARAVILLA.._DEVELOPMENT_._CORPORATION~ _ 167 Seagate _ Road,. __Palm_ Beach, Florida, : a o . ;,K;~~ ~ ~?-------------~---~~~....~aus~......_.._...._...._.........__..._..............._._....._. : -----------...o ~~:,5 s.,.ooQ.oo . / , lop~rhe? wifh iM~rest fMreon fran daM. sl fhe rate of....._SIX.....1b~........»».»~........Pw tenf, par.._....a11T11]I11...__ ....unlil maturifY, said intdes! s ~Y~....~.~..,.QO'~_..O.Q........a, ..~th..... _._eay or_ .December,....1.970 .a~a..a...Iike__ s..um.. _ _ ' each year: 6oth principa! and in?eresr beiny psYabls in lawlul moneY o( the Unifed States w its equ~vaien?, at Palm ..Beaeh.,. Florida _ ......................_....................•_•...................................••••......said principal sum to be PaYaWe on ths da~es and in fhe a~nounls specii+ed below, to-wit: ~ ~ Z j E $1,000.00 on December 5, 1970; $1,000.00 on December 5, 1971; ; _ $1,000.00 on December 5, 1972; $1,000.00 on December 5, 1973; ~ and $1,000.00 on December S, 1974. ? i ~ ~ E o ( ~ f f ~ ~ f ~ ~ 4 EacM mstd and erdws~ swersllY waiws dMnsnd. Wdast and nd'+ce d mahwitY, non~p+Yn~M or P~o1~f snd sp requirenwnfs n~cessary ro hold aacb of Ihem liable as ma?ers and e~dwsers. Eath enaker and endorser further agrees, iaNly snd sereratly, to pay aN costs o( cdiection. includinp a ~~aconabls attorn~y's ke in case the pru~cipal ol ~ Ihis nofe or anY paYment on tht~ principsl or any int~resl thereon is ~?W paid at the rsspecriw mslurd~r IMr~of, w in cas~ ii becwnes necassary fo profect ths ~ security hereof. whether wit be boughl or nol. . This nots snd de/Krsd inferest paymsnls slwl! benr iMMesf d ths rate 0~..~~..--•--...•••-Per CMI. Der snrwnl frqn mafurity tmtil paid. This nda is s~cwed by a .........•--•••-mort9ays d even dals l~erewith and is lo be construsd and anfwcsd according to ths laws d the State d Florida: ~ upon dt(ault io the paymsnl of printipal andlor iMaresl due on any rtMe secwed by said Mort9aqe, s~) ?wtes so tecured and rer+weniny unpaid shaU (orthw~~h become due and psyable notwifhstsnditg Iheir f~nor. _ . . ~ . . (Seal) _ ~ Catherine Colbert, as Guardian of i~a~~ ~ . Rose ~~De ~~Fina, ~an incompetent. ~ ~ ~ ~ ~ : ~ ~OUK ~ ~ ~ r _ ~ _ - ~ = ~ ~ ~ ~ ~ _