HomeMy WebLinkAbout2604 ~o ~laue and to ~iotd f~~e snn~e, fogetl~er wit~~ t~ie fenemenls. heredifamenis anc~ appiute-
nances t~ien•lo ~~~~on~inc~. anc~ 1~~~ renls, issues anc~ prolifs t{~ereo~. unto f{~e mortgagee. in ~ee simp~e. ~
~ s
~nd fl~~ morfg~{~or covenanh ~~~~~h th~ morfpagee Ihat Ihe mortgagor is inde%asibly seized oj said ~
~a?u~ in j~~e simplr: I~inl i~~e morl~nflor ~~as flooc~ rip~t an~ ~awju~ nulhority to convey sa~d la?~d as afore-
~a~d~ ~I~~t tl~w morl«nqor ~ril! make sucF~ lurfher assurances to pe~/ect Ihe Jee simple litle to said land en the
mo~fft~~t~~ ns mo~ rnasona~Iy ~e requirecr: ~ha~ ~hQ morf{~agor I~ereby ~u~~y warranls fhe til~e lo saitr ~ant~ ~ ~
~nd iriU d~(.•nd ihe snme nc~ainsf II~n lawJul claims oJ all persons whomsoever: and fhat said land is jree
a~i~ c~ear o~ p~~ rncuml~rnnces
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~rou~ded ~lways, !{iat if saicr morlpagor shnll pay unto saic~ mortgagee t~e certain promis-
sorv nole I~preina~fer su~slantia~~y copiec~ or ic~enti~iec~, to-wit:
~ MORTGAGE NOTE
)
; 780 ~ 46 Fb1"'t P~~Ce , Florida
oace: September 19,1973 ~
For value received, the undersigned, jointly and severally, promise to pay to the order of _
blm Bank of I~art Pisroe
_ ~ . ,
F~O~'t P~Bt'~OB , Florida, a banking association, under the laws of the United States of America, the
principal sum of 'I4rD THxSAHIa SEVI~I ~ F~iTY 6 46/10 Dollars
Z17~.46 . with interest thereon f~om date, payable monthly, at the rate of S~ per cent ( 6%)
; per annum; the interest and principaf of this note payabte in instalments as follows:
~ Beginning on tl~KAE~E~6K~K3E Oetober 19 , 1923 , the sum of a~ f~Y`~
~4 bc 47/10 ~o~~ars
!
~ (E 154_47 and the same amount on the same day of each month thereafter, and the F,alance of principal
r
~ ~yanie o~ AeX~~t~1~bK Mareh 19 , 19 75 , The a(oresaid monthty payments are to be applied first to interest
~ at the rate aforesaid due monthly upon the principal sum or so much thereof as shatl from time to time remain unpaid, and
the balance of each monthly payment shall be applied on account of principal.
~ All instalments of irrterest and principal are payable at the office of the payee in ~t p~`;~~ . ~
~ Florida, or at such other place as the holder hereof may designate in writing, in lawful money of the United States of America. If ~
~ any of said instafinents of interest and principal shall not be paid when due, then the e~tire principal sum and accrued interest
shall become due and payable at once, at the option of the legat holder of this note. Failure to exercise this option shall not
~ constitute a waiver of the right to exercise the same in the event of any subsequent default.
~
~ It is further agreed that each maker and endorser, jointiy and severally, shatl pay all costs of collection, including a
~ reasonable attorney's fee, on failure to pay the principal of this note or any interest thereon at maturity. This note and all
~ sums due hereunder shall bear interest at the rate of ten (10) per cent per annum from due date until paid. The total interest
~ payable hereunder shall not in any one year exceed the highest lawful rate of interest in Florida.
~
~ The m~kers and end~rsers herenf herebv severatlv waive oresentment for oavment. Drotest and notice of protest and
~ non•payment of this ~ate, and expressly agree jointly and severalty to remain and continue bound tor the payment of the ~
:j principal and interest provided fo~ by the terms of this note, notwithstanding any exte~sion or extensions of the time of, or ~
= for the payment of said principal or interest, or any change or changes in the amount or amounts agreed to be paid under or
y g p y provided tor in this note, or any change or changes by way of release or surrender or substi. ~
~ b virtue of the obli ation to a
~ tution of any real estate and collateral, or either, held as security for this note, and waive all and every kind of notice of such
~ eztension or extensions, change or changes, and agree that the same may be made without the joinder of the undersigned. t{
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/s/ Donald J. Scott
(SEAL)
~ DO .
State stamps in the amount
of $4.20 affixed to original (s~?~) '
~
~ and cancelled.
~ BOOK~IV PAGf~Vo~ /s/ Barbara J. Scott (SEAL) ~
~ BARBARA J. SCOTT
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~~4 _m ~ '`v ~ ,
3 1 r>' . . ~ ~4~ ~,a. .
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