HomeMy WebLinkAbout2571 30 ~iaue and to ~iotd if~e same. Ic~~et{~er wilh the tenemenls, here~itamenls an~ appurte- '
nances t~~erPfo E,e~on~~in{~, an~ t~~e renls, issuNS an~ pro~ils fhereo~, unfo fhe mortgagee, in ~ee simp~e. ~
~ ~nd f~~e mortnn~or coi~enants wif~ i{~r morlgagee ~hat ihP mortgago~ is inc~e(easi6~y seized o~ said ;
la?ed in /e~ simple; I{IAI I~P mo~tgagb~ has good right and lawful authorily to convey said land as a/ore- `
snic/; f{~at Il~e mo?tpagor u~e~~ make such (urlhe~ assurances fo perfecf t{~e fee simpls title to suid land in the _
mort~nc~ee ns moy reasona6ly 6e requirec~; fhaf f~~e mortgagor Iiere~y (u~~y warranfs t~~e til~e fo saic~ jnnd '
and u~ill cle~end the same against the lau~/ul claims oJ all persons whonuoever: and that sn~d land is jree
an~ c~ear oJ a~~ encum~~rances ' ~
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~~V~~ ]l~Ways~ t~iat i~ snid morlgagor s{tall pay unfo saicl morfgagee the certain promis- '
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sory note ~iereina(fer su6stantially copiec~ or it~enfirie~, fo-wit: t
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Pom ano Beach A ril 2 70 ~
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FOR VAWE REGEtYEO th. undersi9nsd vronases ro psr to rhs «ds. of ~
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..--~--........MILAN....Cl1REQRA.TI.O~+I........ . . ;
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the principal wm of.......F~~...`~~QV.S.~Q ..~p...~1l~..d..5~1C.».~..:
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tope~he~ with int~rest thsrson (ran data. a1 fhs rate d.......,5.~..V.~~.4 ....~Pw unt. annum ..........._.._.....---.,,,,~~i „~~w;ty, s~`~i'~~ ~
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~Qy~ bolh principal and interest beiey DaYable in lawful moesy d the United Stares or its e4~+iva6snt, at . ~
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..................................................................................._.»......._..».............said principal wm to be paYabk on tM dstes and in IM amounts speci(ied b~low, tawit: '
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' E Payable annually in five (5) equal annual installments
~ - of $1,000.00 plus interest at the rate of seven per cent (7$)
' per annum on the unpaid balance. The payments shall be due on
~ April 2, 1971 and on April 2 of each year thereafter until paid
~ in full. ;
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Each maker and endorser swerally waivss d«nsnd. prWes~ and nofice d mslu?ifY. ^o^'PsY~ a O~olssf and aq nquu~nwnts nac~ssuY 1o hold each of i
Ihdn I~aWe as makers and e~?dorsers. +
Each maker and endwssr (ur~hsr ayrses, lantly and severally, to psy all costs of colkctan, including s r~asonabl~ attwr~~/s fe~ in case Ihe principsl of
th~s nore a anY pay~en! on ths princ:psl or sny intK~st Ihereoe is rw1 paid at tM ~~sp~ctiv~ marwity IMr~of, w in cus it becoie~s nsc~ssarY to proteu the
secwify hueof, whether wit be b?ouyht or nol. :
This nole and deferred intKest paymaMS shall basr int~rest at Iha n~e d......_.~ ................per c~n1, per annuen kom mstur'dy until paid.
This nore is sscured bY a---------- -----•.........-^~~9~ ~ wan dale herew~lh snd is to bs const~wd and entorc~d xcordiny to ths laws o( the Sta~e of Flor~da:
upon default in Ihs paYmer?t of princ~pal andlor inlK~sf dw oe anY iwb s~cursd by s~id Mwt9a~, sll no1~ so secw~ and.rem~y+ing unpa~d shall (orthw~~l~
becan~ dus and psYSble nolwilhstan~ny tMir t«?a. ~s-•! C;~-e • f"f --o~-`+--~=•-~
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e oK 183 PacE 2568 ~
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