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HomeMy WebLinkAbout0394 54idF; ~ : ~ . ^ • . , - asr.~:+t3~r+".~.tn-~~k'=:a`F ~ ~~ca~.~~^:a: - zx.~= _ .:...".y~~i:~;:'. _ ' ~ ~ ~ } TO HAVB AND TO HOLD the same, togethec with aU and singular the tenc• ? mcnts,- herediqments and appurtenances thereunto belonging, or in anywise appertaining, ? ~ and the reversion and reversions, remaindcr and remainders, rena, issuca and profits there- of, and also all the estate, tight, title, interest, property, posaeasion, claiin and demand ~ whataoever, as well in 1aw aa in equity, of the aaid Mortgagor in and to thc aame, and every part and parcel thereof, unto the said Mortgagce in foe simpk. ~ AND the said Mortgagor do es hereby fully warrant the tide to said land and : ; every part thereof and will defend the same againat the lawful claims of all peraons whom- ' soevcr. ; ; PROVIDBD ALWAYS, That if said Mortgagor shall pay unto thc said Mort- gagee a certain promissory notes of which thc following is a substanaal cop y to wit: ~ $41,142,06 Palm Beach, Florida Apr i 1~ g._; 19 71 FOR VALUE RECEIVED, I promise to pay to TARPON VIEW, INC. , or order, the sum of FORTY-ONE THOUSAND ONE HUNDRED FORTY-TWO AND 06/100 DOLLARS ($41,142.06) in the following installments, payable on the following dates: . . $10,000.00 one year from date; $3,460.22 six years from date; $ 3,460.22 two years from date; $3,460.22 seven years from date; $ 3,460.22 three years from date; $3,460.22 eight years from date; $ 3,460.22 four years from date; $3,460.22 nine years from date; $ 3,460.22 five years from date; $3,460.30 ten years from dare; and to pay interest on the unpaid part of the principal hereof from the date hereof at the rate of six and one-half per centum (6-1/2$) per annum, payable one year from date, and annually there- ~ after. The principal hereof and interest hereon are payable at c/o Mr. John Hurlbut, Suite 912, 400 North Michigan Avenue, Chicago, Illinois 60644. ~ . Advance payments of principal, in whole or in part, may be made ~ at any time without penalty. ~ f ~ ~ In the event of the continuation of any default in the payment ~ ~ of any installment of the principal hereof or interest hereon for ~ a period of thirty days, the holder hereof may elect to declare and declare the entire unpaid amount hereof, and the interest then accrued, immediately due and payable. ' The maker and all endorsers of this note waive demand, pre- . sentment, notice of non-payment, dishonor, and protest, and agree ~ ir. c3~e suit shall be brought for the collection hereof, or it is ~ necessary to place the same in the hands of an attorney for collection, ~ to pay reasonable attorney's fees for making such collection. De- ' ~ ferred interest payments shall bear interest from maturity at the ~ rate of six and one-half per centum (6-1/2$) per annum payable semi- ~ annually. ~ ~ . ~ S lil.'l LL/Av~~ , A 1T~~Ult-`f~~Tle -(SEAL) W } STATr i-L()F21U~ ~ c~ ~ DO UMFI~Td~ -.`±7~~~"~P TAX Wil iam W. Atterbury, Jr. ~ ~ ~ - RPR30'll _ . ~ ~ ~ _ =~~~;~~=6 I 8 0- ~ N V ~r ?E•~+~"~~~~ = ~ f9011• ~ -'3'3 ~ P.B. ~ ~ ° R 192 393 ~ 6U01( _ ~ ~a~ ~ . ~ . ~ ~ ~&~~~Y a~,.> e- ~ yY:,~_'.;'.~Q ' ~"?PV..°1~..~ ,~Y~