HomeMy WebLinkAbout1512 ~e ttie anme, fogeli~er wlf~ the tenemenft, herodifamenfa and appurfs-
nances 1{~e?eto be~onging, an~ ttie renis, issues and projifs lhsreo~. u~fo f~s mortgage~, in jee :tmp~e. ~
n1~11 the morlgago~ rnvenants wifti t{?e mortgngee Ikal tk~ mo?lgagor ta ind~Jeattb~y selzec~ oj aaic~
land in jee simple; that the mortga9or hw good rtght and ~uw(ul autF?ortty to conv~y sntd land as a/ore-
said: Il~at tl~e mortgagor wiI! make such Jurthe~ aaaurance: !o per(rct tl~e /ee ~imple tille to satd Iand ~n the
mortga9ee as mny reasona6ly be ~equired; that the mo?tgagor hereby f
ully warranl~ fhe litle to aaid lnnd
a?id u~ill deJend Ihe same againat the Inw/ul claima o~ all penoru whomsoever; nnd tFat aaid land ta jree
and clear o/ all encumbmnces
.
~~V~~ ways, tha~ iJ said mortgdgor shall pny unto said mortgagee t~e certain promis-
sory nofe hereinajfer su6sfnniially~ copiecl or idenlijiec~, to-wit:
MORTGAGE NOTE RAMGO FORM a9
copy
= 1 ~ ~ 00 ~11.~.81@ ~ Florida
~ 15 , 19 73
. FOR VALUE RECEIVED, the undenigned, (jointly and severally~ if more than one) promixs to pay to
Charles E. Bruck and Nellenn Bruck, his Mite,
, or ordv, in the manner hereinafter specified,
the principal sum ot ~Ae Thousand l~ivs HtlI1QrlId iMl AO~1~~~~••••~~~~••••••~~~~-'Yl00 DOLLARS
(=1 ~~jQQ • QQ ) with iaterat from date at the nte of 7~1~Z pcr ernt. per annum on tlte balance Irom time to time remaiaing unpaid.
11e said principal and interest shaU be payabk in lawful money of the United States of America at 1. ~ BOZ ~61 ~
TSVe2`6~ * F~ 8~ 3~8 or at wch place as may hereaft~r. be d~~signatcd by writt~n notice irom the holder to the makcr hereof, on
the date and in the manner following:
Said principal and intereet shall be payabl~ in monthly in~tsllmeats o!
II 530.06 sach cc~c?enci.nq on thel5th day of J~ 1973 and on
' the 15th day of eaah month thereafter until the p=incipal and intersst
~ are lully paid. Said '.nterest to be co~nputed monthly on the unpaid
balance and fir~t deducted froaa tha monthly in~tallments above a~d th~
suun remaininq to be appliad ta~vard the reduation of the principal in-
debtedness. -
Thie nots may b~ paid at any time before matwcity by payiaq ths balanae
o! prinaipal, intereet and all arr~ua due th~rsont and ttLS privil~qs is
qiver~ th~ maka~• o~ this noto to pay additional am~ount~ oa thi• obli- -
gation if deair~d, Mithout p~nalty.
'This note with intcrest is secured by a mortgaqe on real estate, of even datc hercwith~ made by the maker hereof in favor of the said
payee, and shall be construed and enforced according to the laws of the Statc of Florida. The terms of said mortgage are by this referencc
made a part hercof. "
I( defautt be made in thc pa}-ment oi any ot the sums or interut mentioned herein or in said mortgage, or in the prrformance of
any of the agreemenb contained hcrein or in iaid mortgage, then the entire principal sum and accrucd intercst shall at the option of the
holder hereof become at once due and colkctibk without notice, time beiag of the esxnce; and said principal ~um aod accrucd intercst
shall both bear interest (rom such time until paid at the highest rate aUowabk under the laws of the State o( Fbrida. Failure to exercise
this option shall not constitute a waiver o[ the rig6t to exercise the same in the event of any subxquent default.
Each person liable hereon whether maker or endorser, hereby waives prexntment, protest, notice, notice of pratat and notice oE di~-
honor and agrees w pay all costs, including a masonable attorney's fee, whether auit be brought or not, if, aft-r maturity of this ~ote or default
hcnunder, or under said mortgage, counsel shall be empbyed to collect this note or to protect the security of said mortgage.
Whenever used herein the terms "holder", "maker" and "payee" ihall be construed in the singular or plural as the context may
r~quirc or admit.
s/Earl L. ~Otte~. (SEAL)
Makcr's :1ddr~ss .
B~L'~' ~i~--•HOtt~~......••••--.......•--•-••---• .
3199 so. Ocean Dr. s/Lois E. Hottel ---------------------~sE:~L>
Hallandale, Florida ~~~~I:ois~~8~'~~Sottel'~~~-~-~~~~~~~~~~~~'~'~~~~~~-~~
. Tl~Q~(~~4 PACE~~~~•• •..(SEAL)
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