HomeMy WebLinkAbout0826 ~ o~inue ~nd to ~otd Il~e same, togethrr wlllr 1he tenen?enh.thereditaments and appurte-
nunce~hpreto 6elonging, a~c~ f~~e renis, issues nncr pro~ifs thereo~, unto I~~e mo~fgagee, in ~ee simp~e.
` ~ Iha mortgagor covenants wilh the mortgagee Ihat Ihe mortgago~ is indejeostbly seized o~ said
; I land in jee 3imple: that tl~e morfgagor hat good right nncl ~aw~ul autf~ority to conaey snid land as ajore-
said: ihat Ihe mortgagor u~ill make auch jurlher assuro~ces to perjpct the ~ee s~mple title to suid Iand tn fhe
morlgo~ee as may reasona6ly 6e required: t{~at the mortgagor hereby lully u~n?ranis the ttlle lo said land
ancl u~ill defen~ tl~e same agninst the law(ul claims o~ all persons wkoinso~ver: and that said land b~ree
and clear oJ aIl encum6rances ,
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i ~~QV~~ ~Ays~ fhat if said mo?tgngor shu~~ pny unto soid mortgngee fhe cerlain promis-
I! sory note hereina~ter su6stantia~ly rnpiec~ or ic~enti~Ied, to-wif:
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~ PROMISSOR~ NOTE
a_ 5a,ooo.oo- FQn ~„aara~.. Florida. _ January 21, , ~2
_ 19 _
FOR VALUE AECEIVED. ihe undersigned LLICILLE _ V . _ COS T$ - - - - - - - - - - - _
! ~o
intly and ~everally promiae(s) to pay to the order ot
NATHAN PHILLIPS and ELTON MELTZER
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; Q~ _41 East 42nd Street, New York, New York _ _ _ _ _ _ _ _ _ `
s or at auch other lace es 1he holder hereoi may de iqnate in writinq, t h e prinr.ipal sum ot
; FIFTY-TWO THO~ISAND DOLLARS ($52,OOQ.00~ -----------------------~altaascx
~ Principal shall bopa yable as follows• _Six_ equal_ semi-annual i.nstallments of
~ EIGHT THOUSAND SIX HU~IDRED SIXTY-SIX AND 4?/1Q0_~OL~ARS ~$8,~66.b'~)
a eac:h~ -~te--first-~svreh--itrstai~ment-tv-tre-pard -on tite-- lat- ay bf-chiiy,
~ ~~i~~ea~~g~~n~~ ~~'s~a~~'~~ ~~~y°~dn~~~`~Is~9l~~y~' ~~l~~c~i
year-vrrtil-pai~3:------ - - - - -
~ In addition to the above principal payments, interest at the rate of ___S _ per cent per annum.
~ ~ date - . _ . ~hall be able _ _ semi-annually -
¢ computed !rom P~Y -
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~ lnterest ahall be calculated on the princigal balance from time to time remaininq unpaid. Hll
~ pQ}-ments received shall be applied tirst io current iaterest to ihe dute of the pQyment, with ;he
' ~ balance, if aay, to past due inte~est, if any, and with the remaininq balai?ce, if any, to principal.
~ ; Piepayment Privilege: This Note may be prepaid at any time without penalty
~ i but partial payments may be made only in the a~oount of principal
: I payments or multiples thereof
i; ~ It asy d~foulf h~n~sd~r is no1 rorrecl~d ~~~n,o 30 aar: olqr dat~ ot ~ueA dNault. ~M ~rAol~ ol ~M unpaia p~.m
~ c~pai t~aianc~ L~~~und~r aed m~rr~at accrwd b IA~ dat• ol ddault sAall toithwus beo~• du~ end parable. ot tbe o~~~on -f
; ~ ~n• hold~~ otipj~ not~, wflhout solic~. Pa~l dw in1~~~s1 ~hall b~nr fnler~al t~om IA• dou wid inier~st b~cas~ pas~ due at ih•
mt• ol .._l~ _ pscc~nt p~~ aeaua. palabt~ upon d~masd. Sbou3d U b~coai~ n~swr~ w collect IAi~ nW~ throuqh an ot I
' tora~r. ~acA ol us. wh~th~r mak~t. sucNr or ~odwwr d IAis eN~. Mt~Dr uQrN to pa~ all cos~s of coUecbow ~ncluduq o reo~ ~
- weabl~ attorw~r s tM. 74~ mok~r~ anA ~ndorNr~ wol~~ p~s~n~s~et lor pa~m~n1. prel~tt and nolec~ ol protes~ lor non parmcm
- i of Ihu Wt~, asd cou~~l b as~ ~:t~woC ol li~ ot po~a4 ~dlwW aWic~ tb~r~ot.
~ Florida documentary Stamps ~8~ Lucille V Cos ta I
~ in the amount of $78.00 - - ' - -------CSEAL) ,
k= ! LUCILLE V. COSTA t
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attached to original note ~
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____(SEAL)
~ and canceled.
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