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HomeMy WebLinkAbout1153 i ti , . ~e 11V~~ tles sa~e, logell~ei w~th Il~e tenement~, hereditnmenli and appurte- nnnces l~erelo bp~onging, an~ t~e rents, issue~ anc~ pro~ifs lhereo~. unto !he mortaagee, in ~ee aimp~e. ~IIL~ f{?e mortgago~ co~enanfs wi!{~ fhe mortgagee ttiaf the n?ortgngor ia indef eait6lr seised ol snic~ land in jee simple: ~ha~ ~h. mortgagor hw good ~gl?t nnd lawful autho~ity to conuey aaid lnnd aa njor+e- said: thut tl~e morfgagor u~i« ma~e aucti Jurfher aaswancei fo per~pct the lee si~np~e tt1le fo sntcl Iar?d in ll~e ~ mort~agee ns may reusona6ly 6e required: ~hat ~hg morlgagw ?~e?e6y juliy wa~rnnta the title to said bnd and u~ill deJend Ihe same ngainst ll~e [nw(uI claims oE aII penons whomsoever: and !1?at sa~d bnd ~ J.~.e a~d ~IPa. o/ all encum6rancea except taxes levied subsequent to December 31st, 1972 and that certain mortgage from Martgagors herein to Mortgagees herein, encumbering the property described herein. i i i i ~ ~ ,.,~J + ~~Vl~il ~~~5~ t/?nt if saia morfgagor shn~~ pny unto said morlgngee ttie certain promis- II sory nole tiereinaf ter subatantially copied or ic~entiJied, to-wit: i MORTOAOE NOT[ . s 29,000.00 Lake Park . October 24th , „ 73 FOR VALUE RECEIVEO, the undenigned, (jointly and xvrrally, i( more than one) promises to pay to RIlEY REYNOlDS and ANITA REYNOL~S, his wife, ~ or order, in the manner hrreinafter specified, ~e~ p~~~~,~m ot TWENTY NINE THOUSAND AND NO/100----T-----~-- -~-~--~----Heo noLt.aRs ~L 9~ ~ . ) with interut fmm date at the nte of 5 1 X pcr cent. per annum on the batance (rom time to time remaining unpaid. The taid principal snd intenst shall be payable in lawful money of the United States ot America at 2 3 ~ S a v a n n a h R d.~ F t. P~ e r e e, F 1 o r i d a~r at such placc as may k~ri•a(t~r 6~ d~•si¢nated by written notice lrom the holdet to tht maker hrr~of, on [he date and m thc manner ioiiowing: The entire principal sum of Twenty-nine thousand Dollars, with interest at six percent, is due and payabie on October 24th, 1983. ~ ~ t t i f S Thii nott with intercst n secured by a mortgaRe on real estale. of ~ven d~t~ h~r~•with, made by th~ mak~r h~reot in fa~~or of ~hr :aid payee, and ihall be ~on~trued and ~n[orced accordinR to the laws of the State o( Elorida. The trrms of said mo~tKag~ .u~• by thi~ rrfrren~r made a part hercof. _ I[ de(ault be made in the payment of any of the sums or interest mentioned her~in or in ~aid mortgaq~, or in the prrtormancc of any of the agreemcnt~ contained herein or in said mortgage, then the entire principal sum and accrued intercst ~hall at the option of th~ holder hereo( become at once due and collectible without notice, time being o( the essence; and said principat sum and accrued inter~s~ s shzll both bear interest from such time until paid at the highest rate allowable under the laws of the Statr o[ Florida. Failure to ~xercisc this option shall ~ot constitute a waiver ot the right to exercise the same in the c~•ent o( any sub~equ~nt dcfault. Each person liable hereon whether maker or endorser, hereby wai~•es presentment. protest, notic~, notice ot protest and notice of dis• honor and agrees to pay all costs, including a r~asonabie attorney's fee, wheth~~ suit be brouQht or not, if, after maturity of t}~is note or de(ault htreunder~ or under said mortgage~ counse! ahall bt employed to collect this note or to protect th~ security of said mortqaqe. Whenever used-herein the termi "hold~r", "maker" and "payee" shall be constru~d in t singular or plural as th~ cont~xt may ; r~quire or admit. /l : ` G~ G C~ ._(SEAL) Y Makei s Address 7`~ - : - -1 206 Inlet Way J ~ ' , _ ~ " R i v i e r a B e a c h, F 1 o r i d a z~-~ ~ sE ~L, I~ng Korn~e ~ _ i L~. ` ~ ~ '7...- ~ ................(SEAL) 0 R ~Fra~nz~-K~es ~ . SD01( ~ ~~IGf ~t~ vr-vc~- : ~c° :-r ~ % s .--•iSEALi } Anna ~K~l~espi~es~ ~