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Home My WebLink About2890 ~0 I~e some, together wttk tl?e ten~ments, kendifamenta ond appurfe- nances tl~ereto ~ie~ongi?ig, and Ihe renfs, issues.an~ prolits fhereo~. unfo fhe morfgagee, tn ~ss atmp~e. ~ the mortgagor covenants with ll~e moNgagee thnt !he mortgceor i~ tnd~/aKUi6ly seized o/ sutd Iund in ~ee eimp~e: Ihaf fhe mortgagor 1~aa good riA~! and ~au?~u~ autho:t~y to rn~wr snid ~nnd as n~oe~e. :aid; that ftie n~ortgogo? wi~~ ma~~ auc~ ~urt~er aaiwnnc~ea to ps?,~ct t~e le~ stmp~ tlf~ fo aald ~and in fhf mo?tgagee w may reasona6ty 6~ requtred: ehae eh. ~no~9oeor i~.~.by /ully wun~anta the tttb to aatd land and wtll de%nd the same ogai?ut tl~e luwjul ciat~u o~ all peno~a wKomaoeve?: and tl~at :atd Iw~d a/roe and cleur o~ all .encum6~ances 1 ( . ~ ~~V~II ~~S fhat i said mort a or shuU unto said mort ~ ~ g g pay gagee the certnfn promts- ~ sory note hereina~te~ su6stantinlly copied or iclenti~ied, to-wit: h~ORTGAGE NOTE RAMCO FORM 33 i ;106, 304 .04 * , Fi~~~a~ September 10 ,:9 73 FOR VALUE RECEI~"ED, the undersigncd, (jointly and se~•crally, if more than one) promises to pay to Wl1.l.1dl[l C°S3~ Buddy Cipolla and Grace Cipolla , or order, in the manner hereinat;er specified, chc principsl :um of Orie Hundred S1X Thousand Three Aundred FOLl= BIId----04 /100 DOLL~RS (s106, 304.~~with intersst [rom date at the rate of ']~j(~, per cent. per annum on the balance from time to time temaining unpaid. Thc ~aid principal and interest shall be pa~able in lawful money of the United States of America at or at such place as may hereaftrr be designated b~ written notice Irom the holder to the malcer hereof~ on tne date and in the manner folbwi~g: ~Three equal annual principal payments, plus interest on unpaid balance, as ~oilows: Sept~mber 10, 1974 -$35,434.68 plus $7,972.80 interest f ~ September 10, 1975 -$35,434.68 plus $5;315.20 interest September 10, 1976 -$35,434.68 plus $2,657.60 interest ~ 1HIS IS A PURC~IASE MONEY FIRST MORTGAGE, i THIS NOTE MAY BE PREPAID IN FULL OR IN PART AT ANY TIME, WITHOUT PF~JALTY. i 1HIS NOTE IS SECURED BY MORTGAGE OF ~,'VF•N DATE HERF.'WITH AND HOLDER AND ASSIGNS j ~GREE, ON DEFAULT, TO LOOK OiYLY TO VALUE OF LAD1D . *Interest of each party is as follows: An undivided one-half interest in William Cesa; an undivided one-quarter interest in Buddy Cipolla ` and an undivided one-quarter interest in Grace Cipolla. ~ ' 'Thu note witb interest is secured by a mortgage on real estate. of even date herewith~ made by tht maker hercof ia favor of the said payee and shall be construed and enforced atcording to the taws of the Scate of Florida. 'I7?e urms of said mortgage are by thu reference ' nia e a part ereo . - I[ dcfault be made in tht payment of any of th~ sums or interat mentioned herein or in uid mortgage~ or in the perEormaace of any of the agreements contained herein or in said mottgage~ then the entire principal sum aad accrued irterest shall at the optioa of the holder hereof become at once due aod coUectibk without notice, time being of the essence; and said principal sum and accrued irtcerest ; ~hall both bear intenst from such time until paid at the highest mte allowahle under the laws of the State of Florida. Faiture to exercix this option shall not comtitute s wa;ver of the right to eaercise the same in the cveat of anr sub~equent default. ~ Each penon liable hereon whether maker or endorser, hereby waives preaentment~ protest, notice notice of protest and notice oE dir ~ honor and agrea to pay all cosq, including a teasonabk attorney's fee, whether auit be brouqht or not, i~, after maturity of this note or de(aul: ~ hcreunder~ or under uid mortgage, counsel shall be employed to colkct this note or w protat the security of said mortgage. ~ s ~ titi henever used herein the terms "hoWer", "maker" and "payee" shall be construed in the singular or plutal as tht context may f requirt ot admit. ; biaker s Address ..---•-•--~SBAL) . ~ R.E.ROBINSON, As Trustee ' .............•--••-••-------.._..-----...-----•••••-----••.._...._...-•--•--•------••-••-•-•-....(SEAL) ; _S L ; .................................................•-....•-•--•••----...._..•••-••-.........._......_..__...---••~(~L7~-~'T.'rZ7~~~--•-----..._..........-- ( EA j • . ----.._.._._.__._...---•--•-••--._.....(SE4L)• ~ ; s ~~X3 ~ _ - - ~~..~~~_,_~r._~. - - ' ~_,wv.: u~~'"