HomeMy WebLinkAbout1600 ~o ~iaue and to ~lold Ihe same, togelher with f~e tenements, herecrifamenfs anc~ appwte-
nances Ihereto 6elonging, an~ f~e renfs, issues and p?o(Zls fhe?eo(: unto ftie mo~fgnges, in ~ee simp~e.
~ Ihe morfgago~ covenanfs with f~e mortgagee lhaf the mo?tgagor ts inae~ewibly aeiset~ o! snid
land in jee simple: that the mortgagor has good rtgF~t and IawJul autl~ortly to convey snid land m ojore-
said; that the mo~tgagor will make eucl? f urtl~er wsurancea to per(pct tl~e jee simple tttls to snid Iand in the
mortgagee as may reasona6ly 6e requi?ed: that the mortgagor hereby ~ully wnrrnnts the tiile to satd bnd
and u~tll dejend the same agninst the lawf ul claims o( all penoru whomaoeve~: and thnf said land is )ree
and clear o/ all encum6mnces
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I ~~QV~~ ~w~s~ that iJ said mortgagor s1?nll pay unto satd.mo?tg,ages fhe certain promis-
~ sory nofe hereinajter subslantia~~y copied or idenfijied, to-wit: t
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PI20MitS~ORY NOTE
S _ 2 4_, 3 7 5 . 0 0 - _ _ _ _ _ _ _ , Fort Lauderdale, Florida, _ _ June - - - 19 -
FOR VALUE AECEIVED, the uadeisiqned LUC I LLE V . COS TA _ _ _ _ _ _ _ _ . _ _ _ _ _
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . _ _ _ _ . _ _ _ _ _ . jointly and aeverally promise( s ) to pay to the order of
NATHAN PHILLIPS and_ ELTON _MELTZER, as _ Trustees _ _ _ _ _ _ _ _ _ _
~ 41 East _42nd _Street, _New York, New _York _ _ _ _ _ _ _ _ _
at--- - -
or at auch other place us the holder hereoi may designate in writinq, t h e principal sum of
4 TWENTY-FOUR THOUSAND THREE HUNDRED SEVENT3t-FIVE and_ 00/100----Dollars.
~ - - - - - semi-
~ Principal shall be payable as :ollowa: _In Six eq.ual,/tiannual installments..._of__--- .
: $4,062.50 each_commencing_on.January__2nd,_ 1973 and_conti,ng~r~q o~___.
' ~ July__2nd,_ _19_73 and January_ 2nd and July _2nd of each year_ until_paid.
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i In addilion to the abovo principal paymenis, interest at the rate of 8$ _ per cent per annum.
~om ut from _ _ _ _ date_ _ _ _ _ _ _ _ _ _ shall be payable _ _ semi-annual-ly wi th each _ _ _ _
i ins~a~ment of principal
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~ Interest shall be calcutc.!ed on the prinCipal balance irom time to :ime remaininq unpaid. :+I1
! pa}cnents received sha:l be appiied tirst to current interest to the date af the payment, with =he
~ balance, if any, to past due interest, if any, and with the rem~ininq ba:ance, i: any, to princip~l_
~ Preparyment Priv;leqe: This note may be prepaid in whole or in part at any
~ time on or after January 2nd, 1973.
' if aar detaul~ h~r~und~r is ao~ correc~M wilAin 30 . dar• alt~r dote ol wch d~loul~. tr• wAol• oi ~As unpa~ ~ pr.o-
c~pal ba~~nc~ hsi~und~r and ?n~er~il acetu~d lo tA~ dat~ ol dsfault sAall to~lhw~~p becom• du• an~ paycble. a~ ~he o~!~on • ~
~ tA~ hoid~r ol tsu nol~, wdhout so1~c~. Posl dw int~ust ~hali S~ar wt~reat 6om th• dat• aa~d ~Me~~al D~came past due ot ~hs
rat~ ol~ 10--- p~cc~nl per mnum. paraEb upoe d~ownd. Should it bwrom• a~c~swry to coliec~ this no~~ tarouqh an o:-
ton~r. ~ocA ot u+. wh~tA~r mak~r, aur~1Y or ~ndors~r of thi~ not~. Mr~b7 aq~so to par olt cozf• ol co11K~~on includ~r.q u rev-
{ waaDl• a~~orn~r'~ ZN. Th~ mak~rs and ~ndorHrs wai~~ pr~s~ntm~nt br parr~ent. proNSl and notic~ ol proiesl lor non p~ymcn~
i ol Ihu wt~. md coo~~al ~o an~ ~:t~wios ol lim~ oi porm~at wi1TwW ao/ic~ ~h~r~ol.
i Florida documentary stamps
~ in the amount of $48.75 __1s~_Lucille_V._Costa_________(SEAL) s
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~ ; . . LUCILLE V. COSTA
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! xcr and ~canceled. -CSEAL'~
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