HomeMy WebLinkAbout1673 i;
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~ ~o ~ue and to ~lold '!Re same, toget~er with fhe tenemenls, hereditamenl~ and oppurte-
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i nances Iherelo 6elongin~, and !he rents, issues a?id projils thereo~, u~to the mortgagee, in ~ee simp~e•
~1~ the mortgagor covenants witl~ Ihe mortgagee thnt tl~e mortgago~ is indejeasiblp seized oj snid
~M land in Jee simple: eho~ ~he mortgagw has good ?t9ht nnd lawf u~ authority fo conver ~atd Ia??d aa a~ore-
~I said; that tl?e mortgagor u~ill make such /urthe~ assuronces to per~ect tl~e )ee simple title to suid land in tht
(f mort~agee as may rewona6ly be required: thnt the mortgngor !?~6y ~ully warrants the tille !o ,atd lw~d
I~ and wil! defend the same again:t tl~e law(ul claims oj all pe?sons wl~omsoever; nnd tkat said land is ~ree
~ and clpar o/ al! encum6rancea excepting taxes for the year 1972 but subject to the
aforesaid terms, covenants, aqreements, obliqations and provisions of said
Declaration of Condaninium, which Mortqaqors in all things jointly and severally,
do covenant to Mortgagee faithfully to observe and to perform;
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; ~rouided ~tways, ihat i~ saic~ mortgagor shall pay unto saici morlgagee ftie cerfuin promis-
! d j•ed
~ sory note-{~ereina(ter su6stantially copie~ or i enti ~ , to-wit:
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4, 500. 00 December 1 . _ ly 7_2
. STUART. Floridac. . .r. _
FOR VALUE RECEIVED, the undersigned, jointly and se~arally. PROMISE TO PAY !o !he ordes ot.....A,Q1l8-Rd. IAG._
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, ...._....._..............DOLLARS. e
: our . thousand...~~.vs_hundx'ed...dollars.,............_.~..,.,~_...........,........... . `
• Jensen . ~e.ac.hi....~'~Q!~a.G~.d~.. ~ - . _........os such oiher place as 1he holder
::~~:eot may desiqnafe in wrilinq, logeiher with inieres! from date a! !he rate of .e pet cenium per annum on tne unpaid ~
uoiance untit maturiiy. The said principal •nd interesi shaU be due and payable as lollows:
55i.25 a month, the first payment being due one month from date, and
continuing for each month thereafter until paid. This sum of $91.25 ~
~aid each month shall first be credited to interest and the remainder i
I to tne principal of this obligation. This note will be completely paid
; ' with 60 monthly payments of $91.25, unless sooner prepaid. This note
m a y b e p r e p a i d a t a n y t i m e w i t h o u t p e n a l t y.
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~ 11 defanlt be madr lor dafs in the D~Yment ot any instaliment o! Pnncipal or interest or anr part thereol, the ~hole •um ~hen remsinins ~
~ ~,~rid r~tA ~nterest shall ~t holder ~ option become due and parable rithout not~ce. Fa~lure to eaercise such opl~on sAall nol constitule a wrai~er o( the
~ .'~r~ht te e+ercise th. same in ~h~ e~~nt o( svbseQuml delault. A(ter malurily both principal and accru~d int~rest SF~a11 bear inlerest at Der centum
r annum unl~l p.~1d. Thr ma4ers ~nd endor~era o( this note lurther rai~e demand, aotice o( non-oaymeot and prote~t. 11 this oote is not p~id ~t ~
,ruwniy u,d ti.e same is placed ~r~th ~n ~~torse~ (~r tolleetion, th~ saken ~nd endorsers hareot ape~ to ~ar all cost• ot coUrctlon, ~nclud:n~ all corrt ~
~ , cost• ?nd reuonablt atlerner fee~. '
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~ ~br~7 StamPs k_ . ......(SEAL1 ~
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" ~ ~ancelled ~ li~~. . , i
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MARI ZIMMERMANN
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