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HomeMy WebLinkAbout0448 I I 30 ~iaue and to ~iold l~~e same, to~ether with Ihe fenements, herec~iiaments ant~ appurfe- nanc~s f~~ereto ~,e~oi~nin~, an~ Ihe renls; issucs an~ profils fhereo~, unto t~e mortgagee, in fee simple. ~nd Ih~ ntorfga{~or covenanis witl~ 1he mortgaflee tha( the morlgagor is indefeasibly seized oj said Iand in (ee simp~~: Il~af !he mort~agor lias good ?igl~! ant~ ~aw/u~ authority !o convey soFd land w ajore- saicl; that tl~e mor~~agor u~i~l malee such jurf{~er nsst~rances fo per(ect lf~e ~ee simpJe fIile to said ~nnd in i~e i; niortflagee as may reasonab[y be required; thal t1~e mortgago~ hereby ~ully u~arrants the title 1o said land ~j and u~iU defencl the same agaiiist ihe lau~Jul cloims o/ all persons whomsoever; and that said land is free , nna ~Ianr n~ AU P11Ct1!?l~MI1CPS ~ : I ,e I ~ • ' , ~ ( 1' f ~ i~ i' i' ~ j ~f ~ ~ I ~ ~ ! ~i ~ ; i~ i ~ ~ i ~ - ; ` fi ~ ; . ~ ~rou~ded ~llways~ that if saic~ mortyagor sha~~ pay unto sai~ morfgngee thp cerfain promis- ~ sory notp hereina~ter sutislnntia~~y copie~ or i~entiJiec~, fo-u~it: ; ~ ~ ~ MORTGAGE NOTE DREW'S FORM 58 ?+an~foct~r~d ond (w sate Dr lAr N. 6 W, 6. D~e. Co+pany lac4~on.i11~. Fiwido _ S 3~ 500 ~ 00 Ft. P1e1'Ce , Florida Octrobe~c , ~972 FOR VALCF. RECEI~'ED, the undersigned, (jointt • and se~•crallp, i[ more than on ) ro ~ o a• ~~E 1+• ~+~N and Jo ~?Nrr ~N, his Nite, ancl ~?RB2E W. ~x an~ ~Lf~Gl~~L~ ~LEN, hie w+aa i or order, in the mannrr hercina[ter specified, the principal s~m otTHR$E THOU3AND FIVS AUNDRED AND NO/lOb /100 DOLL4RS ~ t !S31 500• ~0 j with interest trom date at the rate of 7a per ce~t. per annum on the batance from eime to ti iu m nine~p paid. ~ "Thr said principai and interest ~e payable in lawful money of the (;nited States of America at 2050 Sout~ ~e~e~al ; Hiqhway,Ft.Pieree~r ai such place as ma~~ herra(trr be d~~siRnated by t~•rittrn notice fruni th~~ huider tu th~ n~:ikrr herrof, ~n '~kj the date and in th~ manner following: ' $ The sum o! S 3, 500. 00 beinq payable in 36 monthe, at ~ ~ ~ 7s interest per annwa, in monthly payments ot S , said payments caamnencing on the 1 S'' day o~ w~ , 2, ~ f and tha same amount each month ereafter un s note + ahall be paid in lull. ti Privileqe ie reserved to prepay this note and mort~qage in Mhole br in part at any time Mithout notice and without penalty. ;I . ~ 4 ~ , i ~ Ii ' f ~ i I This note with int~•rest is secured by a mortKa¢r on reai estate, of ~ven datr hi~rewith, made b~- thr maker hercuf in fa~•or ot thc said ~ ~ papee, and sha? be construed and enforced according to the laws of the State of Florida. The t~•rms of said mort¢aqe are b}• this referenee ~ ~nadc a part her~of. E It d~fault be made in thc pa~-ment of an~• of the sums or interest mentioned h~•rcin or in said martgage, or in the pcrformance of ~ anr of the agreements contained herein or in said mortgage, !hen the entite principal sum and accrued interest shall at the option of the ~ i holder hereof become at once due and collectible without notice, time being of the essence; and said principal sutn and arcrucd interest ` shall both bear interest from such time untit paid at the highest rate allowable under the laws o! the State ot Florida. Failure to cxerciu ~ E this option shall not constitute a wai~•er of the riqhc to exercise the same in the event ot any subsequent default. f ; f Each p~rson liable hereon whether maker or endorser, hereby wai~•es presentment, protest, notice, notice of protest and notice ot dis- ~ f honor and agrecs to pay all cosu, induding a rcasonable attorney's fee, whcther suit be brouqht or not, if, after maturity of this note or detault f hereunder, or nnder said mort_qage, counael shall be employed to collect this note or to protect the security of said mortgage. ~ ~~'htne~•er used herein the terms "holder", "maker" and "payer' shaU be construed in the sin~;ular or plural as the context may ~ r~•quirc or admit, i ~taker's Address -~5~ ~T A~f/-'/..~.~".... ~....~~'~(I.~l' l`.. -..(SE:1L) ; / / ~ g~ ---...=~.f.'/...ll..ll~l~....~~~.~G'°.~Z..........(SE:~L1 3 . - ~ ..~..R....._ . . .........rsx.aL, . < . ........~o~: ~ 2U7.. ~acE . .48 ~ . -..lSE:11. ~ i • ,.:.s_..._.~ ~ , 3