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HomeMy WebLinkAbout2450 r 7~ ~AV~ ~ t0 Ih• :ame, loeelher with the t~n~menb, Itweditan~enb w~d sppwte- nanc4s thereto 6elongina, and fhs ~ents, iaaues and projtb the?eo~, unfo 11~ wwrtgagt~e. tn ~ee at~npje. I~Ii1~ f1~e mortgagor covenants u?ith t6e mortgoge~ 1/wl t~~ n~wtpapo? ts ind~J.a,~b[r setze~ or sakr ' ~and in f ee iimp~; fhat t~s morfpagor ~ci good rig~t and bw~u~ nut~torifp fo c~onwp sotd ~oni~ m alw~- ~ said: t1~at t/~e mortgagor wl~~ ma~e iuch ~urlh~~ msurancea to per{~c! f~~ Ji~ aiw~pjs tjfle !o sa~ Innd In tI~ mortgagee as may reasonn~~y bt ?equi~; that the mortgogor h.,~.br /~!y w~nonl~ ths til~e fp said ~and and will de%nd ~he same a9ainst th~ 1nw/ul cloi~ns o~ a!l penons u?l?o~nao~wr; w~d Ikat said Icnd ia j?e~ and clea? oJ a[1 e.~~umbro,u.~ eacept tazea aaCl''I~I~Dg S1~lb8eQlibIIt, t0 t~1e ~081` 19?2. ~ I ~ ~ ~~V~ ~RIV~s~ fhnt if said More9o9or shn[[ pay unto snid ewrtgogee t/~e certain promts- ~ sory note ~eretnaf !er aubatantially copied o~ identiJied, fo-wit: i f~ ~ 300.00 Fort Pierce, Horida, A1ig13At 21~ ~19 73 ~ Fo~ value ~eceived, I. we or either of us. promise to pay, withouf defalcation. fo the order of GE RALD P. LAMMEHS and BABBARA J. LAl~,t~ERS ~ hi s nif e~ of Ids, Ml chigan f6e sum of SIX THOUSAND TH~iEE H[JI~ID$ED drld NO/100 pp~URS with interest from date at the rate of 6eoen y, per annum. in ~nt~l installments as foilows, s194. ~f 3 on the ZOth day of ~Pt~~i' , 19 ~3 and a iike sum S on the corresponding day of eacb like suecaedieg period thereafter until ihe whok be fully paid i i Each insfallment fi?st sh~ll M applisd in p~~n •nt of 16e int~r~s4 ~~d f6~n oo +6~ balaac~ of flw priecipa! :~w. If dsfauN is ~ meds in il:s paym~~ of any insiallni~ni wlNn dw. tl~~n ~t tIN op4iow of 41~ I~old~r. ~nd ~r~llwrf ary otlHr eotic~~ all K~ ~ r~maining installmenfs shall b~ du~ and ayabl~ ~t one~. Privif~g~ is giv~n i4 p~Y fvro or iaor~ inst~lie~~fs af •sy issfa3laroa! F maturify dat~, bufi 46is sha(t no4 ucf~nd fim~ of mafurify of asy wbssqwn! iust~ll~ut. N~~r fer~b~aranc~, wor acuo+- ~ ancs by tl~e I~old~r Mr~of aft~~ any dsfaulf ia any p~ym~n4 6~r~on, s6a11 b~ deen~d ~xt~wsio~. Eacb mak~r. sar~4p and ~ndon~? INr~of. jointly and s~vsr~lly waiv~s d~m~wd, pns~nieNat. prot~st a~d ao#ic~ of prohsf fo? ~ ewnpaym~nf, and furfMr agn~s to any ~xtsnsion of fim• of payn?~~, eiff~er befon or tfhr m~turii~r, ~+it1~oW nolie~ to aup of us; and fo psy all cosh of coll~ciion, including a nasonabl• aftorney's f~s .is fM of aMr daf~tiN Iwnowder, and 6~r~ s~v~rally waiv~s all b~n~iif of 6om~st~ad and s:~n~ption und~r ths const~fvlioa aed I~ws of ~acb Sfai~ of K~ Uirhd Stafts. as against this obtiqatioa or any ~xf~nsioe or r~n~wal Mno£ Witness ths I~and and s~al of eaeb parfy. Pnpaymsn} may b~ m~d~ at any l ~Q~~ tim~ witl~out p~nalty. /S" ~x~ ~S~L~ ~ ~ F Le/ ~.va D, LvarY t SEAII ~ 1 SE/?L1 s l SEAU - I~ i~ i! ~ ~ . l ~ ~ ~ . . ~ ~ i; ~ : ; ~ ~ . ; ~ ~ . f ~ t gaoK217 ~2441 ; , i ~ ~ ~ ~ ~ ~ ~ _ , _ _