HomeMy WebLinkAbout1075 I~
~
~ ~o ~ue and to ~iotd Ihe same, ~O{~PI~IP~ with Ihe ienements, I~e~eclitnmenla and ap iute-
N
/1A11CPS Iti~relo ~?e~unf~in~~, pn~~ I~~e renfs, issues antr pro~ifs f~~erno~, u~ilo thp mortgagee, in jee sirnp~e.
~nd the ma?tAaflo~ coveria~ls u~ith Il~e mort~agee iha! Ihe mortgagor is inde(easi6[y seized o( said
land in Jee simple: that ll~e mortgaflo~ {~ns good right and Iaw/ul authority to convFy sa~d !a?~d as ojore-
~ snic~; 1/~af l~e morfpago~ u~i~~ make suc~ ~urfhe~ assurances fo per~pcf fhe /ee simple fitle to suid Iand in the
mortya~ee as may reasona6ly be requirecl; tl~at the mortgagor he+~by Jully warranis tl~e lUle lo suicl Iantl
~ and u~il1 deJend the same against the ~awjul claims o/ a1l persons who~oever; and tl~at sa~d tand /ree
and clear oJ alI encurnbrences exeept first mortgage held by Prudential
Insurance Company and second mortgage held by Gordon H. Jonas and
Elizabeth Jonas, his wife, and except taxes and assessments for
the year 1973 and subsequent years.
~
i
~
~
l~
;
~I .
~ ~
i .
j ~rou~ded ~tways, t~~af i~ saia morfgngor s{~nII pay unfo sai~ mortgagee !~e ceNain promis-
sory nofe {~ereinn(ler suhsfanfia~~y copiec~ or ic~enfi~iec~, to-wit:
i~ _
_ -e~a.mM.,.l..d_.._"'•"'!-•~•~a~ ~ni~yQeA~ ' ' -
. . , il~. .P~~nl~~si ays .
lVlort <~n ~ c Notc
; 54 , 2 SO . 00 Fd~~ Lauderdal e, Fra~;~, September . 4___ ~9 73
=0R VAWE RECEIVED Ihe undenigneS prom~st>: te paY ~o Ihe order oi
HARRY FCTTER, Trustee,
~
; - ----_~a u„~,~,-,,,~ Fi fr.v and OQI100---------~ _ Dolla~
~ ~ift rour ~nc,uada.u ~r~ _
~ ~r~nupal s~m of y '
, I r:,ethrr w~th interest thereon at the rate o) ~ - Fer cent per .~nnum from SeptembeX 4~.~ 77~_ .
~ , h; matur~ty, both prmcipal and ~nferest bein~ paYable m Lawful Muney af mr Unde.! Sfalei, such pnnupal si:m and interest payable io installmenfs as Fo~lows:
I'Interest only to be paid on January l, 2974 and thereafter quarterly principa'
iinstallments of $1,937.50 plus interest at the rate of eight (8~) per cent
~per annum on the unpaid principal balance, the first such payment being due
~ ;:1 -r~~ 1, 1974,
~ ' This note may be prepaid at any time, in whole or in part, without penalty
; land is secured by a purchase money third mortgage of even date herewith.
' j Such ~nstallment payments shall be ap~i~ed first to the interest accrwng under the terms o( this note and lhen fo a reducfion oF Ihe princepal indebtedness.
The makers and endorsers oi this note furtner agr~ c~ wa:•rc ~r-:a^d, ~ot~~e ol non-nayment and po?est, and in the event suit shail be brou9hl lor t
I ~
i
i collechon hereo(. or the same has lo be co(tecteci upoo ~3emaed of an auorney, lo pa~ reasonable attwney's (ees (or making such colledion. All paymenis nere-
; i u~der shatl bear interest al the rate o( 8_.. .percent per annum Irom matur~ty unnl pa~d. This note is secured by a mortgage of even dafe herewdh and is to
E I be construed and enforced accord~ng to the laws of the State of flonda; upon defauh in Ihe payment of prmupat andlor rnte~est when due, the whole sum o1
~ ~
~ pnncpal and interest rema~mng unpaid shatl, at the ophon o( the 6olders, o.come ~mmed+ately due and payable. f~ilure to exeruse this ophon sha nol consUtute
~
~ ~ warve~ oi the nght to exeruse the same in fhe evenl of subsequent default .=-~-r
i ~ - 5002 Banyan Lane ~ ~ ~ . ! y'~ _ :sE~u
: ~,~,b~e a, . _ _ . R6bert _ S . Morton
~ ~ Ft. Lauderdale Florida 33313 : , . 7 ~ ~x%~.. _ _ . SEAl)
, ~ _
~ ~ t f;~ Bern ice Mor ton . 1
~s
~ ! cr such other place as shall be t/ pr Julius F ee ~,2T1 EAL)
~l EAI~
~ des,gnated by the ho~der of th~s ~ ~ ~/LC~r~I l
, , c . C
~ i ~ ^ot.. in .arding. _ . . _ . _
_ i___ Cary__ D._ Freeti n~
- - - - - - -
i
F
. s
i
!
S i)
iG
t{
~ ~i
1!
~1
; - ~ ~ 2~8 ~.~74
BG01(
~
~I
~ -
~ _ ,
,~t~~~~._; . ~
_