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HomeMy WebLinkAbout2336 u ~ ~ _ - ~~e ~`0 ihe same, togel~er udt~ Ihe fenemenfs, herec~itaments a~ic~ appurfe- ~eances Iherefo ~e~~on~in{~, nnc~ I~e rnnft. Issues ana profifa fhereof, unto.ihe mortgagee, in lee stmp~e. I I f~~e morlgago~ couenanfs with fhe mortgagec? t~a! tha morlgagor Is in~r~easib~y selzed o~ aattj I lan~ in ~ee simp~e: f~~at f~e morlgagor ~as gooc~ rigf~t anc~ ~nwlu~ authorify fo convey said ~and as a~ore- said: Il~at the morl~aQar ::•!!l ma~e such ~urther wsur+ancea to perJect Ihe Jee simple tttle fo satd lond in the ( mo?ipaflee as may reasona6ly I~e requirot~; t1~a! !he mortgagor {?ereby ~ully u~a?runts fhe title to said land f~ and u~ill deje?id the same against IF~e law~ul claims oj all perso?~s whomsoever; and tl~at said land is )?ee ~I and clear of all encum6rances i I, ~ ~ t • i i ~ ~~V~~ ~~s~ ttiat i~ said mortgagor ahal[ poy ~inlo aaid mortgagee fhe certain promis- - ! sory note he?eina(ter su6stantiaily copiecj or ic~entif iec~, fo-u~it: ~ i ~ ;75.000.00 _ !ort pi~tc~, l~los~da P~bsuasy_„ 1=.1970 ~ tOR VALt~S r~c~iwd, i. w or ~ith~r ot us, praais• to pay. vithout d~lala~tion, tro tl~~ orcl~r ot C~ITRAL B~K 1~iD TRVST c~lA1?1~Y at ia Miasi. llos3~da, th~ swa o! BEVSDITY~'ivs Tl~O~t13~D ~ID 1!O/100----DOI.L~RS with iat~rat at ~ sat~ c! ? 1/296 P~r anaum, a~r iolla+~ : { ~ ~?t th~ ~ncl of th~ lirst aAniwr~asy dat~ of •ai~d not~. th~ p~uvaha~~r i ~Tia ~+a-- ~ in advane~ !or ths n~ct ~neaNdinq tv~o yrars, th~ri ~hall b~ no principal p~?ywnt.~ !os th~ lir~t thsN y~as~ o! ~aid n~rtqaqo. Ho~wv~r, th~rr Mill b~ a prinaipal pay~eat 8~ on th~ this~ anaiwr~asy o! ~aid ~ox~tqarq~ at Mhich tiaw •aid ~artgay~ ~hall b~ paid ia ~11 it i~ haa not ban paiA prior ther~to. I! th~ prin~cipal is psrpaid psior to tl~~ thindanniwr~asy d~t~, then ia that s~w~t the buy~r ~hall b~ 41ven a es~dit t~ard th~ priocipsl ot th~ advaac~d int~r~st psyMnta psrriausly sa~. ~ a~r:s~s ahali b~ a~tord~d tti~ privil~q~ ot pr~payinq saiA ~oortqsge at any tia~ Mithaut a p~n~ity. ~ ~ Mo~r. •hould it b~ees~ n~au~ary to coll~ct tbi~ no~ thrauqh aa ~ attora~y, •ith~r of us, ~heth~s ~k~ ~~cnsity or ~ndoraer oo tDia aot~ ~ , her~by aqrNe to pay all eoat~ oi coil~c#.ion, includiag a s~a~onabl~ ~ ; sttosnsy' • l~e. t ~ ~ ~ T'h~ dra~nra and ~ndor~~ra •~wrally ~raiw pr~~~nt~wat. psot~at ~ ~ aad noti~c~ o! protat !os noo-pays~nt ot Wia aot~, and all d~l~a ~ on th~ qraind o! any ~xt~naion oi th~ tiw~ o! ita psyMnta t.bat ary ~ b~ Qiwn by th~ hold~r or hoid~s~ to lbr, os ~itL~s o! thNi, or to ~ th~ ~nlc~r or msic~r~ th~s~ot, and any and all senr~+al~ lh~s~ot. i ~ ~ ~ 8. E. CORp4~TION ~ rns ~r~r~uwer~n~ wns ~tr~RCO w ~ RUPERT JASEN SMITH. E5Q ~ ~oa ti?u~EnsoM eui~niN~ ~ Sidney Ribakoff (g~y~ ~ raa nswc; ?wR~a? ~ ~ pse~id~nt ~ ~1~3 . _ . . _ . ~ I! i ~~r~.~_~ .L.._ _ ~ ~