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HomeMy WebLinkAbout0177 • AT~D th~ said Mortgagors do hereby fully warrant the title to said land and every part thereof and will defend the same ag- ainst the lawful claims of all persons whomsoever. PRQVIDED ALWAYS, That if said Mortgagors shall pay unto . the said Mortgagee that cer~ain promissory noi.e of which the ~ ~ ~ following is a substantial copy ~o-wit: ; NOTE ~ Boca Raton, Florida ~ $15,000.00 September 1, 1970 ~ . FOR VALUE RECEIVED we romise to a to MAR OR E B ~ ~ P P Y J I . , McKI:TRICK (a/k/a MRS. THOMAS H, McKITTRICK) or order, the sum of ? Fi.fteen Thousar_d and no/1C~ Dollars ($15,000.00) in cne following ' _ris~:.allments, payable on the following dates: Entire principal balance due and payable on or before September 1, 1980, or prior to said date if called by the Payee's Executor or other personal representative after said Payee's ; death. Said principal may be paid ~n multiples of $100.00 at any ~ 'time without penalty, ~ and to pay interest on the unpaid part of the principal hereof from the date hereof at the rate of 7.2 per centum per annum, payable at the rate of $90.00 per month, said payments to be applied solely ' to interest. Said payments to be made at the off ices of the Pay~c's a~*~r„e}~ a*_ •K?~?gs Rnad, Madison, New Jersev 07940. : ; In the event of the continuation of any default in the pay- ment of any installment of the principal hereof or interest hereon f or a period of thirty days, the holder hereof may elect to declare and declare the entire ~npaid amoun~ hereof, and the interest then accrued, immediat~ly due and payable. ~ ~ ~ The maker and endarser f this note further agree to waive i demand, notice of non-payment a d protest, ar~d in case suit shall . be brought for the collectio h eof, or it is necessary to place the same in the hands of an ,tt~ ney f~r collection, co pay reasonaDle attorney's fees fo m king such collection. Deferred interest payments shall bear n~ rest from maturity at the rate of . ten per centum per annum paya 1e~ emi-annually. / / Vernon C. Goldizen (SEAL) Vernon C. Goldizen / Mar M. Goldizen (SEAL) Mary M. Goldizen 3 Y T -2- iflOK~ ~f ~ ~ - ; ~ - _